# MKS share price today (MKS Inc., MKSI)

> MKS Inc.'s earnings have grown faster than its share price. Earnings per share grew +55.5% in a year while the price moved +42.8%. MKSI · Technology · Scientific & Technical Instruments · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/mksi

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: $205.18 (+42.8% in a year)
- P/E: 32.5× (lower than 55% of the last 4.6 years)
- Revenue (Jun 2026): $1.2 B (+28.3% on a year ago)
- Profit (Jun 2026): $175 M (+182.3% on a year ago)
- Operating margin: 20.6% (+6.2 points on a year ago)
- ROE: 11%, FY25
- ROIC: 9.8%, against a 12.8% cost of capital: −3.0 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the MKS share price today? MKS Inc.'s share price was $205.18 at the close on 3 November 2026. It has been moving sideways for 5 weeks. That is 26.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between $143 and $406, and at that close it sat 24% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 14 weeks running. Over the last 10 years the share price moved +366% while the S&P 500 moved +255%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 31 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does MKS pay? MKS Inc. paid $0.94 per share over the last four reported quarters. The most recent declaration was $0.25 for Jun 2026. At today's price of $205.18 that is a yield of 0.46%, based on dividends already paid, not a forecast. ## Which stock lists is MKS on? MKS is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is MKS profitable? MKS Inc. earned $175 M of net profit in the Jun 2026 quarter, +182.3% on the same quarter a year earlier. That is the 6th quarter in a row of profit growth. Full-year FY25 profit was $295 M. Over 4 years profit has grown −14.5% a year on average. That is 14.0% of the quarter's revenue. The same quarter a year earlier earned $62.0 M. 1 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $295 M (+55.3% on the year before). Why profit moved: revenue changed +28.3% on a year earlier and the margin moved +6.2 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +70.2% and revenue +16.1%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does MKS make, and is it growing? MKS Inc. reported $1.2 B of revenue in the Jun 2026 quarter, +28.3% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 4 years it has grown 7.4% a year on average. The last full year, FY25, came in at $3.9 B. The last four reported quarters add to $4.3 B. FY25 revenue was $3.9 B, +9.6% on the year before. Recent pace: the last four quarters grew +16.1% on average, against 7.4% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +16.3%, against +10.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +64.8%, against +641.6% a year (rolling over). ## How much of every $100 of sales does MKS keep? MKS Inc.'s operating margin was 20.6% in the Jun 2026 quarter, 6.2 percentage points higher than the same quarter a year ago. Across 5 years it has been between 10.6% and 25.1%. The latest quarter is within that range. Why the margin moved: operating margin changed +6.2 percentage points on the year while gross margin changed +1.1 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is MKS' profit turning into cash? Over the last 3 years, 208% of MKS Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $645 M of operating cash against $295 M of profit. After $148 M of spending on assets, $497 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does MKS' cash go? MKS Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $353 M on assets over the last 3 years. Averaged over those years that is 3.0% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $353 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is MKS' P/E ratio, and how does it compare with its own history? MKS Inc.'s P/E is 32.5×, in the middle of its own history: higher than 45% of past readings. Its usual P/E (the middle reading) is 34.3×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +55.5% while the price moved +42.8%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +44.2% a year; about +34.5% a year came from earnings growth and about +9.7 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the MKS business getting better or worse? MKS Inc.'s business is giving mixed signals. Growth is slowing from a very fast pace: profit growth has eased from +2018.8% at its peak to +64.8%, but the business is still expanding, with ROCE rising at 9.9%. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does MKS earn on its capital? MKS Inc. earned a ROE of 11% in FY25. That is up from a low of −75% in FY23. Its return on capital used (ROIC) is 3.0 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 7.5% net margin and 0.45× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 7.5% net margin × 0.45× asset turnover × 3.24× leverage (assets divided by equity) ≈ 10.9% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 9.8% − 12.8% = −3.0 percentage points. The 12.8% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 9.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 8.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does MKS have too much debt? MKS Inc. has total debt of $4.2 B against shareholder equity of $3.0 B as of Jun 2026, so its debt is 1.40× its equity. Year by year, that ratio went from 0.36 in FY21 to 1.65 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the MKS shareholding pattern? 7.3% of MKS Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 3.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is MKS from balance-sheet trouble? For MKS Inc., the Z-score is 2.28. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 2.28 is in the grey area, neither clearly safe nor clearly in trouble. ## How does MKS rank in its industry? 53.1 out of 100, rank 8 of 19 in Scientific & Technical Instruments, with 81% of the evidence available. MKS Inc. scores 53.1 out of 100 against the 19 companies it is compared with in Scientific & Technical Instruments, ranking 8. Earnings are strong; relative strength in its sector is -22.1% and the one-year return is 32.5%. The four parts add up to the total exactly: 27.2 + 13.6 + 11.5 + 0.8 = 53.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is MKS compared with? MKS ranks 8 of 19 Scientific & Technical Instruments companies on the 4-Factor Sector Score, with 53.1 out of 100. 1. [Garmin Ltd.](https://www.sectoralpha.in/us/stocks/grmn) GRMN · losing its lead · Most evidence points up · 81% evidence 69.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue 13.5% · Profit 19.7% · Operating margin change 4.4 points · 83% evidence Capital efficiency 21.0/25 · ROCE 22.7% · Operating margin 30.4% · 76% evidence Valuation 12.0/20 · P/E 23.9× · PEG 1.22 · 65% evidence Relative strength 14.5/20 · Lead over its industry 6.5% · Lead over S&P 500 6.3% · 1 year 34.9% · 100% evidence · 10 of 12 weeks ahead Exact sum: 22.1 + 21 + 12 + 14.5 = 69.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Keysight Technologies, Inc.](https://www.sectoralpha.in/us/stocks/keys) KEYS · losing its lead · Most evidence points up · 85% evidence 65.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 31.1/35 · Revenue 25.5% · Profit 100% · Operating margin change 7.6 points · 95% evidence Capital efficiency 16.3/25 · ROCE 13.7% · Operating margin 25.7% · 76% evidence Valuation 10.1/20 · P/E 43.4× · PEG 1.34 · 65% evidence Relative strength 8.0/20 · Lead over its industry 0.3% · Lead over S&P 500 -0.4% · 1 year 68.7% · 100% evidence · 2 of 12 weeks ahead Exact sum: 31.1 + 16.3 + 10.1 + 8 = 65.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Teledyne Technologies Incorporated](https://www.sectoralpha.in/us/stocks/tdy) TDY · quiet · Evidence leans up · 85% evidence 64.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.8/35 · Revenue 8.6% · Profit 25.5% · Operating margin change 2.3 points · 95% evidence Capital efficiency 13.6/25 · ROCE 9.4% · Operating margin 20.8% · 76% evidence Valuation 13.7/20 · P/E 27.7× · PEG 1.04 · 65% evidence Relative strength 16.0/20 · Lead over its industry 3.5% · Lead over S&P 500 3.4% · 1 year 29.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 20.8 + 13.6 + 13.7 + 16 = 64.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Ituran Location and Control Ltd.](https://www.sectoralpha.in/us/stocks/itrn) ITRN · turning · Evidence leans up · 81% evidence 63.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/35 · Revenue 15.9% · Profit 14.3% · Operating margin change 1.6 points · 83% evidence Capital efficiency 21.0/25 · ROCE 30% · Operating margin 22.7% · 76% evidence Valuation 12.7/20 · P/E 18.8× · PEG 1.2 · 65% evidence Relative strength 9.0/20 · Lead over its industry -1.5% · Lead over S&P 500 -1.9% · 1 year 37.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21 + 21 + 12.7 + 9 = 63.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Cognex Corporation](https://www.sectoralpha.in/us/stocks/cgnx) CGNX · quiet · Too little evidence to rank firmly · 58% evidence 62.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.2/35 · Revenue n/a · Profit n/a · Operating margin change 8.5 points · 45% evidence Capital efficiency 16.4/25 · ROCE 12.1% · Operating margin 29.4% · 76% evidence Valuation 9.4/20 · P/E 64.6× · PEG n/a · 15% evidence Relative strength 12.1/20 · Lead over its industry 3.4% · Lead over S&P 500 2.6% · 1 year 48% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24.2 + 16.4 + 9.4 + 12.1 = 62.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Vontier Corporation](https://www.sectoralpha.in/us/stocks/vnt) VNT · breaking out · Too little evidence to rank firmly · 58% evidence 59.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.9/35 · Revenue n/a · Profit n/a · Operating margin change 0.5 points · 45% evidence Capital efficiency 18.3/25 · ROCE 19.3% · Operating margin 19.4% · 76% evidence Valuation 11.3/20 · P/E 11.6× · PEG n/a · 15% evidence Relative strength 13.4/20 · Lead over its industry 0.4% · Lead over S&P 500 0.8% · 1 year -3.7% · 100% evidence · 10 of 12 weeks ahead Exact sum: 16.9 + 18.3 + 11.3 + 13.4 = 59.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [Fortive Corporation](https://www.sectoralpha.in/us/stocks/ftv) FTV · turning · Too little evidence to rank firmly · 58% evidence 58.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.0/35 · Revenue n/a · Profit n/a · Operating margin change 3.6 points · 45% evidence Capital efficiency 11.2/25 · ROCE 7.6% · Operating margin 19.1% · 76% evidence Valuation 9.9/20 · P/E 35.7× · PEG n/a · 15% evidence Relative strength 18.3/20 · Lead over its industry 9.7% · Lead over S&P 500 9.7% · 1 year 30.4% · 100% evidence · 2 of 12 weeks ahead Exact sum: 19 + 11.2 + 9.9 + 18.3 = 58.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 8. MKS Inc. this page MKSI · quiet · Evidence leans up · 81% evidence 53.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.2/35 · Revenue 16.3% · Profit 64.8% · Operating margin change 6.2 points · 83% evidence Capital efficiency 13.6/25 · ROCE 11% · Operating margin 20.6% · 76% evidence Valuation 11.5/20 · P/E 68.3× · PEG 1.16 · 65% evidence Relative strength 0.8/20 · Lead over its industry -22.1% · Lead over S&P 500 -22.9% · 1 year 32.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 27.2 + 13.6 + 11.5 + 0.8 = 53.1 · What this means: Earnings are strong; relative strength in its sector is -22.1% and the one-year return is 32.5%. 9. [Trimble Inc.](https://www.sectoralpha.in/us/stocks/trmb) TRMB · breaking out · Too little evidence to rank firmly · 58% evidence 48.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.1/35 · Revenue n/a · Profit n/a · Operating margin change 0 points · 45% evidence Capital efficiency 11.7/25 · ROCE 9.5% · Operating margin 15.1% · 76% evidence Valuation 10.1/20 · P/E 33.4× · PEG n/a · 15% evidence Relative strength 8.8/20 · Lead over its industry -4.2% · Lead over S&P 500 -3.4% · 1 year -16.8% · 100% evidence · 11 of 12 weeks ahead Exact sum: 18.1 + 11.7 + 10.1 + 8.8 = 48.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 10. [ESCO Technologies Inc.](https://www.sectoralpha.in/us/stocks/ese) ESE · quiet · Evidence leans down · 81% evidence 47.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.8/35 · Revenue 26.9% · Profit 100% · Operating margin change 0.2 points · 83% evidence Capital efficiency 13.2/25 · ROCE 10.8% · Operating margin 14.8% · 76% evidence Valuation 5.3/20 · P/E 28.8× · PEG 3.45 · 65% evidence Relative strength 3.1/20 · Lead over its industry -11.1% · Lead over S&P 500 -11.6% · 1 year 15.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 25.8 + 13.2 + 5.3 + 3.1 = 47.4 · What this means: Earnings are strong; relative strength in its sector is -11.1% and the one-year return is 15.9%. 11. [Itron, Inc.](https://www.sectoralpha.in/us/stocks/itri) ITRI · quiet · Evidence leans down · 81% evidence 47.3 out of 100 Growth Capital Valuation Relative
12. [Badger Meter, Inc.](https://www.sectoralpha.in/us/stocks/bmi) BMI · turning · Evidence leans down · 85% evidence 46.8 out of 100 Growth Capital Valuation Relative
13. [Mesa Laboratories, Inc.](https://www.sectoralpha.in/us/stocks/mlab) MLAB · leader · Evidence leans down · 74% evidence 46.8 out of 100 Growth Capital Valuation Relative
14. [Sensata Technologies Holding plc](https://www.sectoralpha.in/us/stocks/st) ST · quiet · Evidence leans down · 81% evidence 45.2 out of 100 Growth Capital Valuation Relative
15. [Novanta Inc.](https://www.sectoralpha.in/us/stocks/novt) NOVT · quiet · Too little evidence to rank firmly · 58% evidence 43.4 out of 100 Growth Capital Valuation Relative
16. [Coherent Corp.](https://www.sectoralpha.in/us/stocks/cohr) COHR · quiet · Most evidence points down · 64% evidence 34.9 out of 100 Growth Capital Valuation Relative
17. [Vishay Precision Group, Inc.](https://www.sectoralpha.in/us/stocks/vpg) VPG · quiet · Too little evidence to rank firmly · 58% evidence 28.5 out of 100 Growth Capital Valuation Relative
18. USBC, Inc. USBC · breaking out · Too little evidence to rank firmly · 40% evidence 41.3 out of 100 Growth Capital Valuation Relative
19. MicroVision, Inc. MVIS · Too little evidence to rank firmly · 37% evidence 34.8 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Scientific & Technical Instruments](https://www.sectoralpha.in/us/sectors/scientific-technical-instruments), all 19 compared on one page. ## Which companies are close to MKS in size? MKS is the 7th largest of 17 Scientific & Technical Instruments companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Teledyne Technologies Incorporated, Fortive Corporation and Trimble Inc. Just below it: Cognex Corporation, ESCO Technologies Inc. and Sensata Technologies Holding plc. ### Scientific & Technical Instruments companies close in size

1. [Teledyne Technologies Incorporated](https://www.sectoralpha.in/us/stocks/tdy) $30.6 billion
2. [Fortive Corporation](https://www.sectoralpha.in/us/stocks/ftv) $19.9 billion
3. [Trimble Inc.](https://www.sectoralpha.in/us/stocks/trmb) $15.3 billion
4. MKS Inc. $13.9 billion
5. [Cognex Corporation](https://www.sectoralpha.in/us/stocks/cgnx) $9.8 billion
6. [ESCO Technologies Inc.](https://www.sectoralpha.in/us/stocks/ese) $6.5 billion
7. [Sensata Technologies Holding plc](https://www.sectoralpha.in/us/stocks/st) $6.1 billion

[All 17 Scientific & Technical Instruments companies, largest first](https://www.sectoralpha.in/us/sectors/scientific-technical-instruments#all-companies)

### Companies close in size in other industries

1. [JBS N.V.](https://www.sectoralpha.in/us/stocks/jbs) $13.3 billion · Packaged Foods
2. [Guidewire Software, Inc.](https://www.sectoralpha.in/us/stocks/gwre) $13.3 billion · Software - Application
3. MKS Inc. $13.3 billion
4. [Logitech International S.A.](https://www.sectoralpha.in/us/stocks/logi) $13.2 billion · Computer Hardware
5. [Crown Holdings, Inc.](https://www.sectoralpha.in/us/stocks/cck) $13.2 billion · Packaging & Containers

## What else do people ask about MKS? ### What were MKS's latest quarterly results? MKS Inc. reported revenue of $1.2 B and net profit of $175 M for the Jun 2026 quarter. Revenue rose 28.3% and profit rose 182.3% compared with a year earlier. Earnings per share were $2.41. The operating margin was 20.6%, 6.2 percentage points higher than a year earlier (as of 3 November 2026). ### What is MKS's market cap? MKS Inc.'s market capitalisation is $13.9 B at a stock price of $205.18. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is MKS performing? MKS Inc.'s share price has been moving sideways for 5 weeks. In its latest quarter, revenue rose 28.3% and profit rose 182.3% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 14 weeks running (as of 3 November 2026). ### Will MKS's stock price go up? This page does not forecast MKS Inc.'s stock price. What it shows instead: the stock price is $205.18, and it has been moving sideways for 5 weeks. Its P/E of 32.5× is higher than 45% of its own last 5 years (as of 3 November 2026). ### Where is MKS in its business cycle? MKS Inc.'s FY25 operating margin was 14.1%, against a 5-year range of 10.6% to 25.1%: the low end of its own range, which is often where recoveries start. The latest quarter was 20.6%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the MKS story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is MKS a stock worth studying right now? What the numbers show: MKS Inc.'s earnings have grown faster than its share price. Earnings per share grew +55.5% in a year while the price moved +42.8%. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

This is research, not advice. We’re not SEBI-registered.