Entegris (ENTG) AI Stock Analysis

• Market Cap: $20.13B
• Dividend Yield: 0.47%
• Average Volume (3M): 3.18M
• Price to Earnings (P/E): 85.6
• Beta (1Y): 2.09
• Revenue Growth: 0.59%
• EPS Growth: 25.65%
• Country: US
• Employees: 8,200
• Sector: Technology
• Sector Strength: 88
• Industry: Semiconductors
• EPS (TTM): 0.70
• Shares Outstanding: 152,000,000
• 10 Day Avg. Volume: 1,927,140
• 30 Day Avg. Volume: 3,181,503
• PEG Ratio: -2.70
• Price to Book (P/B): 3.23
• Price to Sales (P/S): 4.00
• P/FCF Ratio: 32.26
• Enterprise Value/Market Cap: 1.17
• Enterprise Value/Revenue: 7.40
• Enterprise Value/Gross Profit: 17.20
• Enterprise Value/Ebitda: 27.30
• 1Y Price Target: $133.00
• Price Target Upside: 0.42% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9
• EPS Forecast (FY): 3.42
• Revenue Forecast (FY): $3.42B

• Rating: 66 Neutral
• Price Target: $132.00 ▼(-0.34% Downside)
• Action: Reiterated Date: 02/11/26
• Date: Action: Reiterated 02/11/26

The score is driven primarily by solid financial resilience (notably strong recent cash generation) and supportive technical momentum. This is tempered by weakening revenue/profitability trends and meaningful leverage, while valuation is the largest detractor due to a high P/E and low yield. The latest earnings call adds support via better execution and constructive guidance, albeit with CapEx-cycle and margin risks.

Positive Factors

Strong cash generation

Consistent, high TTM operating cash flow and near‑par free cash flow conversion materially improve financial resilience. Robust cash generation funds R&D, dividends and debt paydown, enhances flexibility through cycles, and reduces reliance on external financing — a durable strength for 2–6 months.

Market & product leadership

Leadership in contamination control, liquid filtration and advanced materials gives enduring competitive advantage. High technical barriers, deep customer relationships and rising content per wafer from node transitions support structural demand and pricing power across future product cycles.

Execution enabling deleveraging

Completed multiyear CapEx cycle and active debt reduction create a durable pathway to lower leverage and stronger cash flow. Smaller ongoing CapEx needs and management targets to reduce net leverage improve financial flexibility and capacity to invest or return capital over the medium term.

Negative Factors

Meaningful remaining leverage

Although leverage has improved from prior peaks, net leverage near 3.8x and sizable gross debt constrain strategic flexibility. Elevated interest and refinancing sensitivity reduce headroom for M&A or cushioning if industry demand softens, making capital structure a persistent medium‑term risk.

Weakened revenue and compressed margins

Trailing deterioration in revenue growth and material net margin compression erode reinvestment capacity and long‑term return on capital. If margins and top‑line trends do not stabilize, the company faces sustained pressure on profit conversion and ability to fund strategic priorities without additional leverage.

High exposure to fab construction cycle

A large share of revenue tied to fab construction makes results timing‑sensitive and cyclical. Delays or uneven wafer‑start trends can cause lumpy, multi‑quarter declines in key product lines (FOUPs, fluid handling), limiting predictability and amplifying downside during industry slowdowns.

Entegris Business Overview & Revenue Model

Company Description

Entegris, Inc. develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Specialty Chemicals and Engineered Materials (SCEM); Microcontamination Control (MC); and Advanced Materials Handling (AMH). The SCEM segment offers high-performance and high-purity process chemistries, gases, and materials, as well as delivery systems to support semiconductor and other advanced manufacturing processes. The MC segment provides solutions to filter and purify critical liquid chemistries and gases used in semiconductor manufacturing processes and other high-technology industries. The AMH segment develops solutions to monitor, protect, transport, and deliver critical liquid chemistries, wafers, and other substrates for application in the semiconductor, life sciences, and other high-technology industries. The company's customers include logic and memory semiconductor device manufacturers, semiconductor equipment makers, gas and chemical manufacturing companies, and wafer grower companies; and flat panel display equipment makers, panel manufacturers, and manufacturers of hard disk drive components and devices, as well as their related ecosystems. It also serves manufacturers and suppliers in the solar industries, electrical discharge machining customers, glass and glass container manufacturers, aerospace manufacturers, and manufacturers of biomedical implantation devices. Entegris, Inc. was founded in 1966 and is headquartered in Billerica, Massachusetts.

How the Company Makes Money

Entegris generates revenue through the sale of its diverse product offerings, which are segmented into three main categories: advanced materials, specialty chemicals, and contamination control solutions. The company’s advanced materials segment includes high-purity materials and components essential for semiconductor manufacturing, while the specialty chemicals segment provides cleaning and surface treatment solutions. Contamination control solutions comprise filtration and other products designed to maintain the integrity of manufacturing environments. Key revenue streams are driven by long-term contracts with major semiconductor manufacturers, enabling steady cash flow. Additionally, Entegris benefits from partnerships with leading technology firms and research institutions, enhancing its innovation capabilities and market positioning. The company also invests in R&D to develop cutting-edge solutions that align with industry trends, such as the growing demand for smaller, more efficient semiconductor devices, thus driving future revenue growth.

Entegris Financial Statement Overview

Summary

Financials are mixed: cash flow is a standout (strong TTM operating cash flow and free cash flow with improved conversion), but profitability has compressed versus prior years and recent growth has weakened/turned negative in the most recent period. Leverage has improved from prior highs but remains meaningful, keeping the overall financial score in the mid-range.

Income Statement

ENTG shows solid gross profitability (TTM gross margin ~44%), but operating and net profitability have compressed versus earlier years (TTM net margin ~7% vs. ~16–18% in 2020–2021). Revenue growth has also deteriorated (2023 up ~7%, 2024 down ~8%, and TTM (Trailing-Twelve-Months) sharply negative per the provided data), which offsets otherwise healthy EBITDA margin (~23% TTM). Overall: decent profitability profile, but weakened momentum and margin pressure reduce the score.

Balance Sheet

Leverage is meaningful with debt near equity (TTM debt-to-equity ~0.93; peaked ~1.82 in 2022), indicating a balance sheet that has improved from the 2022 high but still carries notable financial risk. Equity has grown from 2021 levels, supporting the capital base, while returns on equity are modest (TTM ~7.6%) versus much stronger 2020–2021 levels. Overall: improving leverage trend, but still a moderately leveraged profile with only mid-level returns.

Cash Flow

Cash generation is a clear strength: TTM operating cash flow is strong (~$695M) and exceeds net income (operating cash flow to net income ~1.42), suggesting good earnings quality. Free cash flow is also robust in TTM (~$629M) and close to net income (free cash flow to net income ~0.90), with a sharp improvement from 2022 when free cash flow was negative. The main watch-out is historical volatility (weak 2022 conversion), but recent cash performance is notably strong.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.20B	3.24B	3.52B	3.28B	2.30B
Gross Profit	1.24B	1.49B	1.50B	1.40B	1.06B
EBITDA	836.20M	915.51M	872.21M	739.07M	658.48M
Net Income	235.60M	292.79M	180.67M	208.92M	409.13M
Balance Sheet
Total Assets	8.35B	8.39B	8.81B	10.14B	3.19B
Cash, Cash Equivalents and Short-Term Investments	360.40M	329.21M	456.93M	563.44M	402.56M
Total Debt	3.89B	4.05B	4.65B	5.87B	1.01B
Total Liabilities	4.40B	4.70B	5.40B	6.92B	1.48B
Stockholders Equity	3.95B	3.69B	3.41B	3.22B	1.71B
Cash Flow
Free Cash Flow	396.20M	316.12M	187.63M	-103.06M	189.83M
Operating Cash Flow	695.40M	631.72M	644.48M	363.13M	400.45M
Investing Cash Flow	-300.80M	-67.08M	553.07M	-4.95B	-298.12M
Financing Cash Flow	-366.90M	-688.99M	-1.30B	4.76B	-276.50M

Entegris Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 132.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ENTG, the sentiment is Positive. The current price of 132.45 is above the 20-day moving average (MA) of 127.78, above the 50-day MA of 111.26, and above the 200-day MA of 90.62, indicating a bullish trend. The MACD of 6.57 indicates Positive momentum. The RSI at 60.64 is Neutral, neither overbought nor oversold. The STOCH value of 49.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ENTG.

Entegris Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NVMI	74 Outperform	$13.95B	54.97	23.08%	―	39.37%	40.87%
LSCC	73 Outperform	$13.08B	4,386.24	0.43%	―	-12.03%	-80.99%
MTSI	73 Outperform	$18.61B	116.65	12.95%	―	32.58%	-173.04%
CAMT	72 Outperform	$7.67B	180.57	8.70%	―	21.12%	-54.97%
ENTG	66 Neutral	$20.13B	85.56	6.16%	0.47%	0.59%	25.65%
RMBS	65 Neutral	$10.74B	47.16	18.55%	―	31.05%	30.35%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Entegris Corporate Events

Entegris Announces CFO Transition and Interim Appointment

On January 20, 2026, Entegris, Inc. announced a chief financial officer transition, with current CFO Linda LaGorga set to step down by mutual agreement effective February 28, 2026, and to remain as a senior advisor through May 15, 2026, under a separation agreement that maintains her compensation through her separation date and confirms her departure is not related to any disagreement over the company’s financial reporting or operations. Effective March 1, 2026, longtime finance executive Mike Sauer, currently vice president, controller and chief accounting officer, will assume the role of interim CFO while retaining his existing responsibilities, supported by increased compensation and a retention-focused equity award, as the company undertakes an external search for a permanent CFO and simultaneously reaffirms its fourth-quarter 2025 financial guidance, signaling an emphasis on continuity and stability for investors and other stakeholders during the leadership transition.

The most recent analyst rating on (ENTG) stock is a Buy with a $150.00 price target. To see the full list of analyst forecasts on Entegris stock, see the ENTG Stock Forecast page.

Entegris Board Declares Quarterly Cash Dividend for Shareholders

On January 14, 2026, Entegris, Inc. announced that its board of directors declared a quarterly cash dividend of $0.10 per share, payable on February 18, 2026, to shareholders of record as of the close of business on January 28, 2026. The move underscores Entegris’ continued commitment to returning capital to investors and may be seen as a sign of confidence in the company’s financial position and cash-generation capabilities within the semiconductor and high-tech supply chain.

The most recent analyst rating on (ENTG) stock is a Buy with a $111.00 price target. To see the full list of analyst forecasts on Entegris stock, see the ENTG Stock Forecast page.