KLA Corporation (KLAC) Key Metrics
KLAC valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $216.29B
- Enterprise value
- $246.41B
- P/E (TTM)
- 45.3 10-yr median 22.2
- Forward P/E
- 34.8
- PEG ratio
- 1.80
- Price / sales
- 15.9 10-yr median 5.9
- Price / book
- 38.7 10-yr median 19.1
- EV / EBITDA
- 39.4 10-yr median 16.7
- Dividend yield
- 0.56% $0.92 a year
- Beta
- 1.45
KLAC key metrics, FY2017–FY2026
Fiscal year ended June 30, 2026 · U.S. dollarsKLAC valuation Price multiples at each fiscal year-end price.
KLAC returns How much profit the business earns on the capital it uses.
KLAC per-share figures Results divided by the shares outstanding at year-end.
KLAC financial health Debt, liquidity and how easily interest is covered.
KLAC efficiency & capital use Working capital cycle and where the cash goes.
KLAC valuation history
KLAC returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
KLAC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
KLAC cash returned to shareholders
KLAC price vs earnings per share
KLAC key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $398.15B | $119.81B | $112.29B | $68.02B | $48.36B | $50.39B | $30.73B | $18.55B | $16.14B | $14.41B |
| Enterprise value | $399.40B | $121.40B | $114.60B | $70.84B | $52.42B | $51.45B | $32.32B | $20.24B | $15.52B | $14.32B |
| P/E ratio | 82.4 | 29.5 | 40.7 | 20.1 | 14.6 | 24.2 | 25.3 | 15.8 | 20.1 | 15.6 |
| Price / sales | 29.3 | 9.9 | 11.4 | 6.5 | 5.2 | 7.3 | 5.3 | 4.1 | 4.0 | 4.1 |
| Price / book | 62.7 | 25.5 | 33.3 | 23.3 | 34.5 | 14.9 | 11.5 | 7.0 | 10.0 | 10.9 |
| Price / free cash flow | 105.7 | 32.0 | 37.0 | 20.4 | 16.1 | 25.8 | 18.9 | 18.1 | 13.9 | 13.8 |
| Price / operating cash flow | 96.1 | 29.4 | 33.9 | 18.5 | 14.6 | 23.1 | 17.3 | 16.1 | 13.1 | 13.3 |
| EV / sales | 29.4 | 10.0 | 11.7 | 6.7 | 5.7 | 7.4 | 5.6 | 4.4 | 3.8 | 4.1 |
| EV / EBITDA | 69.3 | 22.7 | 29.4 | 15.7 | 13.1 | 18.0 | 17.7 | 12.2 | 9.7 | 10.7 |
| EV / free cash flow | 106.0 | 32.4 | 37.8 | 21.3 | 17.4 | 26.3 | 19.9 | 19.8 | 13.4 | 13.8 |
| Earnings yield | 1.2% | 3.4% | 2.5% | 5.0% | 6.9% | 4.1% | 4.0% | 6.3% | 5.0% | 6.4% |
| Free cash flow yield | 0.9% | 3.1% | 2.7% | 4.9% | 6.2% | 3.9% | 5.3% | 5.5% | 7.2% | 7.2% |
| Dividend yield | 0.3% | 0.8% | 0.7% | 0.3% | 0.3% | 1.1% | 1.7% | 2.5% | 2.5% | 2.4% |
| Shareholder yield (dividends + buybacks) | 0.8% | 2.5% | 2.2% | 0.8% | 5.6% | 3.0% | 4.4% | 8.4% | 3.8% | 2.6% |
| Share price at fiscal year-end | $301.71 | $89.57 | $82.45 | $48.50 | $31.91 | $32.42 | $19.45 | $11.82 | $10.25 | $9.15 |
| Per share | ||||||||||
| Revenue per share | $10.29 | $9.09 | $7.20 | $7.48 | $6.08 | $4.45 | $3.67 | $2.91 | $2.56 | $2.21 |
| Earnings per share | $3.66 | $3.04 | $2.03 | $2.42 | $2.19 | $1.34 | $0.77 | $0.75 | $0.51 | $0.59 |
| Operating cash flow per share | $3.14 | $3.05 | $2.43 | $2.62 | $2.19 | $1.41 | $1.13 | $0.73 | $0.78 | $0.69 |
| Free cash flow per share | $2.85 | $2.80 | $2.23 | $2.37 | $1.98 | $1.26 | $1.03 | $0.65 | $0.74 | $0.66 |
| Cash per share | $3.71 | $3.36 | $3.31 | $2.31 | $1.79 | $1.60 | $1.25 | $1.11 | $1.83 | $1.92 |
| Book value per share | $4.81 | $3.51 | $2.47 | $2.08 | $0.92 | $2.17 | $1.69 | $1.69 | $1.03 | $0.84 |
| Tangible book value per share | $3.26 | $1.84 | $0.50 | −$0.21 | −$1.39 | $0.12 | −$0.49 | −$0.71 | $0.79 | $0.61 |
| Dividends per share | $0.80 | $0.68 | $0.57 | $0.13 | $0.10 | $0.36 | $0.33 | $0.30 | $0.26 | $0.22 |
| Capex per share | $0.28 | $0.25 | $0.20 | $0.24 | $0.20 | $0.15 | $0.10 | $0.08 | $0.04 | $0.02 |
| Debt per share | $4.66 | $4.55 | $5.01 | $4.32 | $4.47 | $2.28 | $2.26 | $2.18 | $1.44 | $1.86 |
| Shares outstanding | 1.32B | 1.34B | 1.36B | 1.40B | 1.52B | 1.55B | 1.58B | 1.57B | 1.57B | 1.57B |
| Change in shares outstanding | −1.3% | −1.8% | −2.9% | −7.5% | −2.5% | −1.6% | +0.7% | −0.3% | −0.1% | +0.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 87.5% | 100.8% | 87.8% | 156.8% | 139.0% | 68.8% | 45.7% | 54.9% | 54.4% | 91.9% |
| Return on invested capital (ROIC) | 70.3% | 73.3% | 55.1% | 63.7% | 70.3% | 50.4% | 37.8% | 47.1% | 75.6% | 80.7% |
| Return on assets (ROA) | 28.4% | 25.8% | 18.7% | 25.4% | 29.1% | 21.3% | 13.3% | 16.1% | 14.4% | 17.6% |
| Return on tangible assets | 30.4% | 29.4% | 21.7% | 31.2% | 36.6% | 29.4% | 20.8% | 22.5% | 15.3% | 17.9% |
| Free cash flow margin | 27.7% | 30.8% | 30.9% | 31.7% | 32.6% | 28.2% | 28.0% | 22.4% | 28.8% | 29.9% |
| Income quality (OCF / net income) | 0.86 | 1.00 | 1.20 | 1.08 | 1.00 | 1.05 | 1.46 | 0.98 | 1.53 | 1.17 |
| Financial health | ||||||||||
| Total debt | $6.15B | $6.09B | $6.82B | $6.06B | $6.77B | $3.55B | $3.57B | $3.42B | $2.26B | $2.93B |
| Cash & short-term investments | $4.90B | $4.49B | $4.50B | $3.24B | $2.71B | $2.49B | $1.98B | $1.74B | $2.88B | $3.02B |
| Net debt | $1.25B | $1.59B | $2.32B | $2.82B | $4.07B | $1.05B | $1.59B | $1.68B | −$619.6M | −$86.3M |
| Debt / equity | 0.97 | 1.30 | 2.02 | 2.08 | 4.83 | 1.05 | 1.34 | 1.29 | 1.40 | 2.21 |
| Debt / assets | 0.34 | 0.38 | 0.44 | 0.43 | 0.54 | 0.35 | 0.38 | 0.38 | 0.40 | 0.53 |
| Net debt / EBITDA | 0.22 | 0.30 | 0.59 | 0.63 | 1.01 | 0.37 | 0.87 | 1.02 | −0.39 | −0.06 |
| Current ratio | 2.88 | 2.62 | 2.15 | 2.24 | 2.50 | 2.71 | 2.78 | 2.44 | 3.73 | 3.40 |
| Quick ratio | 2.03 | 1.83 | 1.50 | 1.47 | 1.75 | 1.96 | 2.01 | 1.73 | 2.97 | 2.83 |
| Interest coverage | 19.9 | 16.6 | 11.7 | 13.5 | 22.8 | 15.8 | 11.0 | 11.2 | 13.4 | 12.4 |
| Working capital | $8.08B | $6.61B | $5.37B | $4.63B | $4.30B | $3.59B | $3.02B | $2.55B | $3.33B | $3.10B |
| Invested capital | $7.60B | $6.29B | $5.68B | $5.74B | $5.47B | $4.43B | $4.25B | $4.34B | $1.00B | $1.24B |
| Tangible asset value | $4.31B | $2.46B | $683.8M | −$294.4M | −$2.12B | $179.2M | −$755.8M | −$1.09B | $1.25B | $957.9M |
| Net current asset value | $780.1M | −$676.7M | −$2.03B | −$2.78B | −$4.03B | −$1.20B | −$1.88B | −$2.02B | $550.2M | $186.3M |
| Graham number | $19.91 | $15.48 | $10.62 | $10.64 | $6.75 | $8.09 | $5.41 | $5.34 | $3.44 | $3.34 |
| Graham net-net per share | −$1.88 | −$2.58 | −$3.33 | −$3.58 | −$3.90 | −$1.62 | −$1.91 | −$2.01 | −$0.10 | −$0.25 |
| Capital allocation | ||||||||||
| Dividends paid | $1.06B | $904.6M | $773.0M | $179.5M | $157.6M | $559.4M | $522.4M | $472.3M | $402.1M | $344.0M |
| Share buybacks (net) | $2.29B | $2.15B | $1.74B | $388.8M | $2.57B | $938.6M | $829.1M | $1.10B | $203.2M | $25.0M |
| Dividend payout ratio | 21.9% | 22.3% | 28.0% | 5.3% | 4.7% | 26.9% | 42.9% | 40.2% | 50.1% | 37.1% |
| Dividends + buybacks / free cash flow | 88.9% | 81.6% | 82.8% | 17.1% | 90.9% | 76.7% | 83.1% | 153.4% | 52.1% | 35.4% |
| Capex / revenue | 2.8% | 2.8% | 2.8% | 3.3% | 3.3% | 3.3% | 2.6% | 2.9% | 1.7% | 1.1% |
| Capex / operating cash flow | 9.1% | 8.3% | 8.4% | 9.3% | 9.3% | 10.6% | 8.6% | 11.3% | 5.4% | 3.6% |
| Capex / depreciation | 0.95 | 0.86 | 0.69 | 3.26 | 3.05 | 0.69 | 0.44 | 0.56 | 1.07 | 0.67 |
| Stock-based compensation / revenue | 2.3% | 2.2% | 2.2% | 0.5% | 0.4% | 1.6% | 1.9% | 2.1% | 1.6% | 1.5% |
| R&D / revenue | 11.3% | 11.2% | 13.0% | 12.4% | 12.0% | 13.4% | 14.9% | 15.6% | 15.1% | 15.1% |
| SG&A / revenue | 8.3% | 8.5% | 9.9% | 9.4% | 9.3% | 10.5% | 12.6% | 13.1% | 11.0% | 11.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 75.6 | 66.6 | 73.3 | 68.7 | 69.0 | 72.0 | 73.8 | 69.3 | 55.3 | 62.1 |
| Days of inventory on hand | 238.3 | 239.9 | 274.7 | 217.3 | 189.1 | 190.0 | 191.7 | 214.2 | 209.9 | 202.9 |
| Days payables outstanding | 37.6 | 31.4 | 33.9 | 35.2 | 39.9 | 39.9 | 34.8 | 36.3 | 39.9 | 36.0 |
| Cash conversion cycle (days) | 276.3 | 275.1 | 314.0 | 250.8 | 218.2 | 222.1 | 230.8 | 247.3 | 225.3 | 229.0 |
| Receivables turnover | 4.83 | 5.48 | 4.98 | 5.31 | 5.29 | 5.07 | 4.95 | 5.26 | 6.60 | 5.88 |
| Payables turnover | 9.71 | 11.62 | 10.75 | 10.36 | 9.15 | 9.14 | 10.50 | 10.06 | 9.14 | 10.14 |
| Inventory turnover | 1.53 | 1.52 | 1.33 | 1.68 | 1.93 | 1.92 | 1.90 | 1.70 | 1.74 | 1.80 |
| Asset turnover | 0.80 | 0.77 | 0.67 | 0.79 | 0.81 | 0.71 | 0.63 | 0.62 | 0.72 | 0.66 |
| Average receivables | $2.81B | $2.22B | $1.97B | $1.98B | $1.74B | $1.36B | $1.17B | $867.9M | $611.4M | $592.2M |
| Average payables | $541.1M | $409.0M | $365.3M | $407.2M | $392.7M | $303.2M | $233.3M | $185.9M | $158.4M | $126.9M |
| Average inventory | $3.43B | $3.12B | $2.96B | $2.51B | $1.86B | $1.44B | $1.29B | $1.10B | $832.4M | $715.8M |
| Intangibles / total assets | 11.4% | 13.9% | 17.4% | 22.8% | 27.9% | 31.1% | 37.0% | 41.9% | 6.7% | 6.7% |
Computed from KLAC's annual financial statements (latest annual report filed August 6, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
KLAC valuation and financial ratios
At the end of fiscal 2026 (June 30, 2026), KLA traded at 82.4 times earnings, against a 10-year median of 22.2. Based on the latest twelve months, the trailing P/E is 45.3 and the forward P/E is 34.8. KLA earned a return on equity of 87.5% and a return on invested capital of 70.3% in fiscal 2026. It ended the year with $6.2 billion of debt and $4.9 billion in cash and short-term investments, net debt of $1.2 billion. It returned $3.3 billion to shareholders: $1.1 billion in dividends and $2.3 billion in share buybacks, 89% of free cash flow. The share count fell 16.2% from 1.57B to 1.32B over 9 years.
See the KLAC income statement, the KLAC chart for price history, or the KLAC stock overview for the latest quote and news.
KLAC key metrics FAQ
What is KLA's P/E ratio?
KLA's trailing P/E ratio is 45.3 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 34.8. At the end of fiscal 2026 it was 82.4, compared with a 10-year median of 22.2.
What is KLA's EV/EBITDA?
KLA's enterprise value was 69.3 times EBITDA at the end of fiscal 2026 (enterprise value $399.4 billion, EBITDA $5.8 billion); the current EV/EBITDA is 39.4.
What is KLA's return on equity?
KLA's return on equity (ROE) was 87.5% in fiscal 2026: net income of $4.8 billion on average shareholders' equity of $5.5 billion. ROE is high partly because years of buybacks have reduced equity on the balance sheet.
What is KLA's ROIC?
KLA's return on invested capital was 70.3% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does KLA have?
KLA had total debt of $6.2 billion at the end of fiscal 2026, a debt-to-equity ratio of 0.97 and $1.2 billion of net debt (0.22 times EBITDA).
What is KLA's dividend yield?
KLA's forward dividend yield is 0.56%. KLA paid $1.1 billion in dividends in fiscal 2026 ($0.80 per share), a payout ratio of 21.9%.
Does KLA buy back its shares?
Yes. KLA spent $2.3 billion on net share repurchases in fiscal 2026 Shares outstanding changed −1.3% over the year, to 1.32B..
What is KLA's free cash flow yield?
KLA generated $3.8 billion of free cash flow in fiscal 2026, a free cash flow yield of 0.9% on its market value at year-end ($398.1 billion).
What is KLA's current ratio?
KLA's current ratio was 2.88 at the end of fiscal 2026: current assets were 2.88 times current liabilities.