MKSI vs. TGNA

Last updated Jun 5, 2026

MKSI (MKS Instruments, Inc.) and TGNA (TEGNA Inc.) are both stocks. MKSI operates in Scientific & Technical Instruments (Technology), while TGNA operates in Broadcasting (Communication Services). At a 0.33 correlation, their price movements are largely independent.

Performance

MKSI vs. TGNA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MKS Instruments, Inc. (MKSI) and TEGNA Inc. (TGNA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MKSI

• 1D: -1.47%
• 1M: 14.89%
• YTD: 107.01%
• 6M: 102.51%
• 1Y: 277.79%
• 3Y*: 52.45%
• 5Y*: 12.97%
• 10Y*: 24.05%

TGNA

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MKSI vs. TGNA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MKSI MKS Instruments, Inc.	107.01%	54.37%	2.21%	22.62%	-50.97%	16.38%	37.70%	71.89%	-31.06%	60.48%
TGNA TEGNA Inc.	3.81%	9.06%	23.53%	-25.87%	16.22%	35.58%	-14.64%	56.42%	-20.96%	4.93%

Correlation

The correlation between MKSI and TGNA is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Mar 31, 1999	0.33

The correlation between MKSI and TGNA shifts across timeframes, from 0.16 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap MKSI : $23.48B TGNA : $3.26B
EPS MKSI : $4.77 TGNA : $1.35
PE Ratio MKSI : 69.20 TGNA : 14.82
PEG Ratio MKSI : 14.58 TGNA : 10.40
PS Ratio MKSI : 5.56 TGNA : 1.20
PB Ratio MKSI : 8.35 TGNA : 1.03
Total Revenue (TTM) MKSI : $4.07B TGNA : $2.71B
Gross Profit (TTM) MKSI : $1.84B TGNA : $981.16M
EBITDA (TTM) MKSI : $815.00M TGNA : $442.97M

Return for Risk

MKSI vs. TGNA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MKSI

MKSI Risk / Return Rank: 98
MKSI Sharpe Ratio Rank: 99
MKSI Sortino Ratio Rank: 97
MKSI Omega Ratio Rank: 96
MKSI Calmar Ratio Rank: 98
MKSI Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MKSI vs. TGNA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MKS Instruments, Inc. (MKSI) and TEGNA Inc. (TGNA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MKSI	TGNA	Difference
Sharpe ratio: Return per unit of total volatility	5.53	—	—
Sortino ratio: Return per unit of downside risk	4.80	—	—
Omega ratio: Gain probability vs. loss probability	1.63	—	—
Calmar ratio: Return relative to maximum drawdown	13.95	—	—
Martin ratio: Return relative to average drawdown	46.53	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MKSI	TGNA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.53	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	—	—

Drawdowns

Drawdown Indicators

	MKSI	TGNA	Difference
Max Drawdown Largest peak-to-trough decline	-85.67%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-20.06%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-59.11%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-67.51%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-69.20%	—	—
Current Drawdown Current decline from peak	-1.47%	—	—
Average Drawdown Average peak-to-trough decline	-45.77%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	6.00%	—	—

Volatility

Volatility by Period

	MKSI	TGNA	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.04%	—	—
Volatility (6M) Calculated over the trailing 6-month period	35.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	50.64%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.02%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.98%	—	—

Dividends

MKSI vs. TGNA - Dividend Comparison

MKSI's dividend yield for the trailing twelve months is around 0.28%, less than TGNA's 2.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MKSI MKS Instruments, Inc.	0.28%	0.55%	0.84%	0.86%	1.04%	0.49%	0.53%	0.73%	1.21%	0.75%	1.14%	1.88%
TGNA TEGNA Inc.	2.50%	2.58%	2.67%	2.73%	1.79%	1.91%	2.01%	1.68%	2.58%	63.07%	2.62%	31.45%

Financials

MKSI vs. TGNA - Profitability Comparison

The chart below illustrates the profitability comparison between MKS Instruments, Inc. and TEGNA Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MKSI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MKS Instruments, Inc. reported a gross profit of 507.00M and revenue of 1.08B. Therefore, the gross margin over that period was 47.0%.

TGNA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TEGNA Inc. reported a gross profit of 261.28M and revenue of 706.11M. Therefore, the gross margin over that period was 37.0%.

MKSI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MKS Instruments, Inc. reported an operating income of 149.00M and revenue of 1.08B, resulting in an operating margin of 13.8%.

TGNA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TEGNA Inc. reported an operating income of 119.41M and revenue of 706.11M, resulting in an operating margin of 16.9%.

MKSI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MKS Instruments, Inc. reported a net income of 84.00M and revenue of 1.08B, resulting in a net margin of 7.8%.

TGNA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TEGNA Inc. reported a net income of 57.06M and revenue of 706.11M, resulting in a net margin of 8.1%.

Frequently Asked Questions

Can I hold both MKSI and TGNA in my portfolio?

MKSI and TGNA have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.