What changed
Entegris updated its long-term financial model at its 2026 Capital Markets Day, targeting revenue CAGR of approximately 15%, adjusted gross margin of approximately 55%, adjusted operating margin of approximately 35%, and adjusted EPS CAGR of approximately 30%. The Board authorized a $500 million share repurchase program, and the company expects to raise its quarterly cash dividend by 10% starting in the first quarter of 2027, subject to Board declaration. Entegris plans to return approximately 50% of excess cash to shareholders under its long-term capital allocation framework.
Why it matters
Entegris updated its long-term financial model at its 2026 Capital Markets Day, targeting revenue CAGR of approximately 15%, adjusted gross margin of approximately 55%, adjusted operating margin of ap