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KLA Corporation KLAC NDXSPXAI

Technology · Semiconductor Equipment & Materials · United States
https://www.kla.com

KLA Corporation, together with its subsidiaries, designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. The company operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB and Component Inspection. It offers inspection and review tools to identify, locate, characterize, review, and analyze defects on various surfaces of patterned and unpatterned wafers; metrology systems to measure pattern dimensions, film thickness, film stress, layer-to-layer alignment, pattern placement, surface topography, and electro-optical properties for wafers; chemical process control equipment; wired and wireless sensor wafers and reticles; wafer defect inspection, review, and metrology systems; reticle inspection and metrology systems; wafer inspection and metrology systems; and semiconductor software solutions that provide run-time process control, defect excursion identification, process corrections, and defect classification to accelerate yield learning rates and reduce production risk. The company also provides etch, plasma dicing, deposition, and other wafer processing technologies and solutions for the semiconductor and microelectronics industry. In addition, it offers direct imaging, inspection, optical shaping, inkjet and additive printing, and computer-aided manufacturing and engineering solutions for the PCB market and inspection and metrology systems for quality control and yield improvement in advanced and traditional semiconductor packaging markets. The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was incorporated in 1975 and is headquartered in Milpitas, California.

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$1,921.71
+155.54% 1Y

Market & Price

Market Cap
$251.03B
Current Price
$1,921.71
High / Low (52W)
$2,011.39 / $752.03
Beta
1.50

Valuation

Stock P/E
54.35
Industry PE
32.74
Forward P/E
38.55
PEG Ratio
2.02
Book Value
$44.61
Price to Book
43.08
P/S
19.17
EV/EBITDA
43.11
Dividend Yield
0.48%

Profitability & Returns

ROCE
41.28%
ROE
94.98%
ROA
21.28%
Profit Margin
35.66%
Op Margin
41.22%
EPS (Latest Qtr)
$9.12
EPS (TTM)
$35.36

Balance Sheet & Liquidity

Debt/Equity
1.05
Quick Ratio
1.96
Current Ratio
3.03
Debt
$6.15B
Total Assets
$16.07B
Current Assets
$10.70B
Working Capital
$6.61B

Ownership

Promoter Holding
0.10%
Chg in Prom Hold
-
FII / Inst Holding
93.76%
Chg in FII Hold
0.00%

Financial Snapshot

Enterprise Value
$252.22B
Total Revenue (TTM)
$13.10B
EBITDA
$5.85B
Free Cash Flow
$2.89B
Operating Cash Flow
$4.40B
Shares Outstanding
130.63M
Gross Margin
61.45%
Payout Ratio
21.52%

Growth (CAGR)

Revenue 5Y
9.69%
Profit 5Y
6.93%
Revenue (YoY)
11.50%
Earnings (YoY)
11.80%

PROS

  • Strong return on equity of 95.0%.
  • Healthy ROCE of 41.3%.
  • Excellent profit margin of 35.7%.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading at a high P/E of 54.3.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 KLAC KLA Corporation NDXSPXAI 1,921.71 54.35 $251.03B 0.48% 41.28% 94.98% 9.69% 6.93%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
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Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Sep 2022Dec 2022Mar 2023Sep 2023Dec 2023Mar 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue --------969.58M975.82M1.02B1.07B1.09B1.12B1.10B1.26B1.41B1.51B1.42B1.46B1.54B1.65B1.80B1.93B2.08B2.35B2.29B2.72B2.98B2.43B2.40B2.49B2.36B2.84B-3.06B3.17B3.21B3.30B3.42B
Cost of Revenue -----------------------------------1.18B1.21B1.24B1.27B1.33B
Gross Profit 372.40M429.26M437.83M581.60M472.84M558.38M570.53M590.72M616.46M628.82M652.94M692.44M711.87M711.64M610.37M665.65M809.17M875.84M833.81M838.05M918.06M981.14M1.09B1.15B-----------1.89B1.97B1.97B2.03B2.09B
Operating Expenses -----------------------------------586.95M615.70M629.45M663.79M679.90M
Operating Income -----------------------------------1.30B1.35B1.34B1.36B1.41B
EBITDA -----------------------------------1.43B1.50B1.48B1.50B1.59B
Interest Expense -----------------------------------71.89M73.12M71.08M69.67M70.42M
Pretax Income -----------------------------------1.26B1.33B1.31B1.33B1.42B
Tax Provision -----------------------------------176.02M125.95M188.44M184.62M215.77M
Net Income 104.90M152.21M175.78M271.54M178.10M238.25M253.56M256.16M280.94M-134.32M306.88M348.77M395.94M369.10M192.73M217.84M346.52M380.56M78.45M411.25M420.57M457.25M567.50M632.98M1.07B717.44M730.57M1.03B978.79M697.84M741.38M582.53M601.54M945.85M-1.09B1.20B1.12B1.15B1.20B
Diluted EPS 0.660.981.121.731.131.521.611.621.78-0.861.952.222.542.421.231.352.162.400.502.632.692.943.664.106.964.714.837.206.895.035.414.284.437.01-8.169.068.478.689.12
R&D Expense 119.94M118.27M115.59M-129.23M130.91M130.17M-146.69M156.70M153.24M-153.53M165.90M184.89M-210.58M220.75M215.43M-219.04M229.06M238.96M-258.15M265.03M285.19M318.51M332.83M328.28M311.21M320.42M321.59M323.14M346.16M338.04M-360.46M383.87M388.76M

Profit & Loss (Annual)

Figures in USD.

Metric Jun 2009Jun 2010Jun 2011Jun 2012Jun 2013Jun 2014Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Revenue --------3.48B4.04B4.57B5.81B-9.21B10.50B9.81B12.16B
Cost of Revenue -------------3.59B4.22B3.93B4.75B
Gross Profit -------------5.62B6.28B5.88B7.40B
Operating Expenses -------------1.97B2.28B2.25B2.39B
Operating Income -577.94M314.17M1.16B1.02B729.68M772.07M-------3.65B3.99B3.64B5.01B
EBITDA -------------4.01B4.50B3.90B5.34B
Interest Expense -------------160.34M296.94M311.25M302.17M
Pretax Income -------------3.49B3.79B3.19B4.64B
Tax Provision -------------167.18M401.84M428.14M582.80M
Net Income -523.37M212.30M794.49M756.01M543.15M582.75M366.16M704.42M926.08M802.26M1.18B1.22B-3.32B3.39B2.76B4.06B
Diluted EPS -3.071.234.664.443.213.472.244.495.885.107.497.7013.3721.9224.1520.28-
R&D Expense 371.46M329.56M386.16M452.94M487.83M539.47M530.62M481.26M526.69M608.53M711.03M863.86M928.49M1.11B1.30B1.28B1.36B

Compounded Sales Growth

5 Years:9.69%
1 Year:11.50%

Compounded Profit Growth

5 Years:6.93%
1 Year:11.80%

Stock Price Performance

1 Year:+155.54%
6 Months:+68.14%
3 Months:+26.21%
1 Month:+5.94%

Balance Sheet (Annual)

Figures in USD.

Metric Jun 2008Jun 2009Jun 2010Jun 2011Jun 2012Jun 2013Jun 2014Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Total Assets --3.91B4.68B5.10B5.29B5.54B4.83B4.96B5.53B5.64B9.01B9.28B-12.60B14.07B15.43B16.07B
Current Assets --------------7.17B8.37B10.03B10.70B
Cash & Equivalents 1.13B524.97M529.92M711.33M751.29M985.39M630.86M838.02M1.11B1.15B1.40B1.02B1.23B-1.58B1.93B1.98B2.08B
Inventory --------------2.15B2.88B3.03B3.21B
Receivables --------------1.81B1.75B1.83B2.26B
Total Liabilities --1.66B1.81B1.78B1.81B1.87B4.40B4.27B4.21B4.02B6.33B6.60B-11.20B11.15B12.07B11.38B
Current Liabilities --771.79M878.86M862.91M861.53M895.61M1.00B1.00B1.29B1.21B1.77B1.70B-2.87B3.74B4.66B4.09B
Long Term Debt ------745.10M3.17B3.06B2.68B2.24B3.17B3.47B-6.66B5.89B5.88B5.88B
Total Debt --------------6.77B6.06B6.82B6.09B
Total Equity 2.98B2.18B2.25B2.86B3.32B3.48B3.67B421.44M689.11M1.33B1.62B2.66B2.67B-1.40B2.92B3.37B4.69B
Shares Outstanding --------------141.80M136.75M280.65M281.18M

Cash Flows (Annual)

Figures in USD.

Metric Jun 2009Jun 2010Jun 2011Jun 2012Jun 2013Jun 2014Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Operating Cash Flow 195.68M447.80M823.17M941.62M913.19M778.89M605.91M759.70M1.08B1.23B1.15B1.78B-3.31B3.67B3.31B4.08B
Investing Cash Flow -484.90M-227.96M-359.51M-528.89M-241.45M-676.11M918.22M144.69M-560.89M291.62M-1.18B-258.87M--876.46M-482.57M-1.48B-202.48M
Financing Cash Flow -299.12M-216.33M-300.15M-364.10M-428.51M-458.89M-1.30B-636.70M-472.81M-1.27B-360.00M-1.30B--2.26B-2.83B-1.78B-3.79B
Capital Expenditure -22.23M-30.20M-51.15M-57.60M-74.57M-67.50M-45.79M-31.74M-38.59M-66.95M-130.50M-152.68M--307.32M-341.59M-277.38M-340.21M
Free Cash Flow 173.46M417.60M772.01M884.02M838.62M711.38M560.12M727.96M1.04B1.16B1.02B1.63B-3.01B3.33B3.03B3.74B
Net Change in Cash -------------179.24M356.94M55.57M93.73M
Share Buybacks 226.51M136.28M234.84M263.86M273.25M240.84M602.89M181.71M25.00M203.17M1.10B829.08M938.61M3.97B1.31B1.74B2.15B
Dividends Paid 102.15M102.41M167.40M233.56M265.89M298.87M3.04B346.28M343.99M402.06M472.26M-559.40M638.50M732.60M773.00M-

Ratios (Annual)

Figures in %.

Metric Jun 2009Jun 2010Jun 2011Jun 2012Jun 2013Jun 2014Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Gross Margin % -------------61.0%59.8%60.0%60.9%
Operating Margin % -------------39.7%38.1%37.1%41.2%
Net Margin % --------26.6%19.9%25.7%21.0%-36.1%32.3%28.1%33.4%
ROE % -24.0%9.4%27.8%22.8%15.6%15.9%86.9%102.2%69.8%49.5%44.2%45.7%-237.0%116.0%82.0%86.6%
ROCE % -10.0%30.6%24.0%16.5%16.6%-------37.6%38.7%33.7%41.8%

Shareholding Pattern

Insiders
0.10%
Institutions
93.76%
Public Float
93.86%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 9.64% 12.60M $24.21B
2 Vanguard Capital Management LLC 6.52% 8.52M $16.37B
3 State Street Corporation 4.71% 6.15M $11.83B
4 FMR, LLC 3.37% 4.40M $8.46B
5 Capital World Investors 3.13% 4.08M $7.85B
6 Vanguard Portfolio Management LLC 3.08% 4.03M $7.74B
7 Geode Capital Management, LLC 2.81% 3.67M $7.06B
8 Capital International Investors 2.09% 2.73M $5.24B
9 Primecap Management Company 1.87% 2.44M $4.68B
10 Goldman Sachs Group Inc 1.39% 1.82M $3.49B

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