NASDAQ$ENTG

Entegris Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Entegris reported strong performance, exceeding guidance for sales and non-GAAP EPS.

Entegris reported Q4 2024 results with net sales of $850 million, a 5% increase from the prior year. Adjusted net sales increased by 11%. GAAP diluted EPS was $0.67, and non-GAAP diluted EPS was $0.84. The company outperformed the market and demonstrated leverage in its model with EBITDA growth that was twice the rate of sales growth.

  • Net sales (as reported) of $850 million, increased 5% from prior year.
  • Adjusted net sales (excluding the impact of divestitures) increased 11% from prior year.
  • GAAP diluted EPS of $0.67.
  • Non-GAAP diluted EPS of $0.84.

Headline financials

Total Revenue

$850M

Previous: $812M+4.6%
EPS (adj)

$0.84

Previous: $0.65+29.2%
GAAP Gross Margin

45.6%

No prior period
GAAP Operating Margin

17.7%

No prior period
Adjusted Gross Margin

45.6%

No prior period
Adjusted Operating Margin

23.5%

No prior period
Adjusted EBITDA Margin

29.2%

No prior period
Capital Expenditures

-$108M

Previous: -$129M+16.4%
Net Income

$102M

Previous: $38M+169.2%
Operating Income

$150M

Previous: $101M+48.5%
Gross Profit

$387M

Previous: $345M+12.4%
R&D Expense

$81.4M

Previous: $67.6M+20.5%

Revenue & EPS history

Entegris · Revenue · Quarterly

$850M

Q4 2024+4.6%vs Q4 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

For the first quarter ending March 29, 2025, the Company expects sales of $775 million to $805 million. GAAP net income of $58 million to $68 million and diluted earnings per common share is expected to be between $0.38 and $0.45. On a non-GAAP basis, the Company expects diluted earnings per common share to range from $0.64 to $0.71, reflecting net income on a non-GAAP basis in the range of $97 million to $108 million. The Company also expects adjusted EBITDA of approximately 28.0% to 29.0% of sales.

Tailwinds

  • Sales of $775 million to $805 million.
  • The midpoint of this guidance range represents a 7% year-on-year increase, excluding the impact of divestitures.
  • GAAP net income of $58 million to $68 million.
  • Diluted earnings per common share is expected to be between $0.38 and $0.45.
  • Adjusted EBITDA of approximately 28.0% to 29.0% of sales.

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 2024

Historical avgQ4 2024

+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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