NASDAQ$ENTG

Entegris Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Entegris reported a record fourth quarter, driven by strong position in leading-edge solutions.

Entegris reported fourth-quarter sales of $635.2 million, an increase of 23% from the same quarter last year. Fourth-quarter GAAP net income was $118.2 million, or $0.87 per diluted share, and non-GAAP earnings per diluted share was $0.96.

  • Fourth-quarter revenue of $635 million, increased 23% from prior year
  • Fourth-quarter GAAP diluted EPS of $0.87, increased 38%
  • Fourth-quarter non-GAAP diluted EPS of $0.96, increased 35%
  • 2021 revenue of $2,299 million, increased 24% from prior year

Headline financials

Total Revenue

$635M

Previous: $518M+22.7%
EPS (adj)

$0.96

Previous: $0.71+35.2%
GAAP Operating Margin

25.1%

No prior period
Adjusted Operating Margin

27.8%

No prior period
Capital Expenditures

$76.6M

Previous: $52.2M+46.8%
Free Cash Flow

$39.3M

Previous: $152M-74.1%
Net Income

$118M

Previous: $86.6M+36.5%
Operating Income

$160M

Previous: $113M+40.9%
Gross Profit

$295M

Previous: $231M+27.8%
Cash & Equivalents

$403M

Previous: $581M-30.7%
Total Assets

$3.19B

Previous: $2.92B+9.4%
Stock-Based Comp

$7.76M

Previous: $6.37M+21.9%

Revenue & EPS history

Entegris · Revenue · Quarterly

$635M

Q4 2021+22.7%vs Q4 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

For the first quarter ending April 2, 2022, the Company expects sales of $630 million to $650 million, net income of $111 million to $118 million and diluted earnings per common share between $0.81 and $0.86. On a non-GAAP basis, the Company expects diluted earnings per common share to range from $0.96 to $1.01, reflecting net income on a non-GAAP basis in the range of $131 million to $138 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+0.5%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+2.2%

Avg return

30 days after

52%

34 / 65 earnings

Positive

+15.5%

Q1 2023

Best reaction

-21.0%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+8.5%-0.1%-7.0%
Q4 2025+9.0%+7.4%-10.1%
Q3 2025-7.5%-8.5%-18.4%
Q1 2025-5.6%-0.8%-12.2%
Q4 2024+5.4%+1.8%-0.9%
Q3 2024-3.7%-1.9%+2.8%
Q2 2024-10.3%-16.8%-5.4%
Q1 2024-4.8%+0.7%-4.9%
Q4 2023+4.0%+8.5%+9.1%
Q3 2023+3.9%+2.9%+21.9%
Q2 2023-2.4%-1.9%-1.0%
Q1 2023+15.5%+17.3%+39.6%
Q4 2022+2.5%+0.6%-1.0%
Q3 2022-21.0%-17.6%-5.7%
Q2 2022-5.0%-4.1%-16.0%
Q1 2022-5.6%-2.8%-5.7%
Q4 2021+10.6%+7.3%+2.5%
Q3 2021-0.8%+3.4%+11.3%
Q2 2021+0.9%+1.6%-2.0%
Q1 2021-0.4%-2.3%-1.2%
Q4 2020-6.4%-7.5%-4.7%
Q3 2020-1.9%-4.0%+11.7%
Q2 2020+8.3%+10.5%+10.9%
Q1 2020-1.2%-0.9%+13.3%
Q4 2019+8.2%+6.0%+3.7%
Q3 2019+0.8%+3.3%-2.4%
Q2 2019+4.4%+5.1%-1.5%
Q1 2019-2.8%+0.0%-14.6%
Q4 2018+1.2%+6.6%+17.2%
Q3 2018+0.4%+8.0%+11.1%
Q2 2018-6.6%-6.8%-11.1%
Q1 2018-2.1%-1.5%+4.2%
Q4 2017+2.3%-0.3%+16.0%
Q3 2017+7.3%+8.8%+7.0%
Q2 2017+2.3%+1.7%-5.6%
Q1 2017+1.2%+2.4%-2.2%
Q4 2016+4.3%+4.5%+12.8%
Q3 2016-1.1%-2.9%+12.1%
Q2 2016+10.8%+11.5%+14.1%
Q1 2016+1.5%
Q4 2015+2.5%
Q3 2015-7.7%
Q2 2015+10.5%
Q1 2015+0.2%
Q4 2014-0.7%
Q3 2014+6.9%
Q2 2014-7.2%
Q1 2014-4.8%
Q4 2013+12.3%
Q3 2013-4.5%
Q2 2013-2.6%
Q1 2013+3.2%
Q4 2012-0.7%
Q3 2012+2.3%
Q2 2012-2.9%
Q1 2011+1.0%
Q1 2012-1.8%
Q1 2010-2.4%
Q4 2009-2.4%
Q4 2011-2.4%
Q4 2010-2.4%
Q3 2010+4.7%
Q3 2011+4.7%
Q2 2010+0.6%
Q2 2011+0.6%

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