Stocktoria

KLA CORP KLAC

Nasdaq · stock · Optical Instruments & Lenses · website · IPO 1980-10-08 · LEI

KLA CORP statistics & valuation

Market cap$324.8B
P / E67.2×
P / S23.9×
P / B51.1×
P / FCF86.2×
Dividend yield0.33%
Net margin35.6%
Return on equity76.1%
FCF margin27.7%
Net debt$4.2B
Enterprise value USD$329.0B
Graham number -90.4%$19.91

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($19.91); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
26.60% 19.90% 25.70% 21.00% 30.00% 36.10% 32.30% 28.10% 33.40% 35.60% 2017201820192020202120222023202420252026
Gross margin (%)
2017201820192020202120222023202420252026
Operating margin (%)
2017201820192020202120222023202420252026
Return on equity (%)
69.80% 49.50% 43.90% 45.40% 61.50% 237.00% 116.00% 82.00% 86.60% 76.10% 2017201820192020202120222023202420252026
Shares outstanding
1.57B 1.57B 1.59B 1.58B 1.55B 1.52B 1.40B 1.36B 1.34B 1.32B 2017201820192020202120222023202420252026
Net debt ($)
$1.78B $833.0M $2.41B $2.24B $1.99B $5.08B $3.96B $3.90B $3.81B $4.24B 2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
16.70% 14.20% 13.10% 13.10% 20.20% 26.40% 24.10% 17.90% 25.30% 26.90% 2017201820192020202120222023202420252026
Free cash flow margin (%)
29.90% 28.80% 22.40% 28.00% 28.20% 32.60% 31.70% 30.90% 30.80% 27.70% 2017201820192020202120222023202420252026
Debt / equity (×)
2.21× 1.38× 1.28× 1.29× 1.01× 4.75× 2.02× 1.75× 1.25× 0.93× 2017201820192020202120222023202420252026
EPS ($)
$0.59 $0.51 $0.75 $0.77 $1.34 $2.19 $2.42 $2.03 $3.04 $3.66 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

KLA CORP trades at about 56.9× earnings — above its 10-year norm (10-year range 15.8×–50×, median 26×).

15.8× 56.9×

Shaded band = 10-year range (15.8×–50×); dot = today's 56.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Net margin35.6%33.4%28.1%32.3%36.1%30.0%21.0%25.7%19.9%26.6%
FCF margin27.7%30.8%30.9%31.7%32.6%28.2%28.0%22.4%28.8%29.9%
Return on assets26.9%25.3%17.9%24.1%26.4%20.2%13.1%13.1%14.2%16.7%
Return on equity76.1%86.6%82.0%116.0%237.0%61.5%45.4%43.9%49.5%69.8%
Debt / equity0.93×1.25×1.75×2.02×4.75×1.01×1.29×1.28×1.38×2.21×
Current ratio2.882.622.152.242.502.712.782.443.753.40

Computed from company filings · US · as of 2025-06-30. Facts plus Stocktoria's own computed scores — not investment advice.