KLA Corporation (KLAC)

NASDAQ: KLAC · USD

$158

+4.78 (+3.1%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-09-08

Our latest published analysis: KLAC rated Sell

KLA Corporation's published Sell conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$109 / share

Potential value

$129 / share

Upside to FV

-41.2%

from $158

Moat

5.8/10

Narrow

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$242.5B
Revenue (ttm)	13.6B
Net income (ttm)	4.8B
EPS (ttm)	$3.66
Shares out	1.3B
P/E (trailing)	43.3x
P/E (forward)	31.9x
Dividend	$0.92 (0.58%)
Volume	7,943,102
Beta	1.45

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 13.6B
Net income (ttm): 4.8B
EPS (ttm): $3.66
P/E (trailing): 43.3x
P/E (forward): 31.9x
Market cap: $242.5B

Item	P1	P2	P3	P4	P5	Trend
Period	2022-06-30	2023-06-30	2024-06-30	2025-06-30	2026-06-30	Trend
Revenue	$9.21B	$10.50B	$9.81B	$12.16B	$13.58B	+10.2%
Gross profit	$5.62B	$6.28B	$5.88B	$7.40B	$8.32B	+10.3%
Operating income	$3.65B	$4.09B	$3.50B	$4.95B	$5.66B	+11.6%
Net income	$3.32B	$3.39B	$2.76B	$4.06B	$4.83B	+9.8%
EPS (diluted)	$2.19	$2.42	$2.03	$3.04	$3.66	+13.7%
EBITDA	$4.01B	$4.50B	$3.90B	$5.34B	$5.76B	+9.5%
R&D	$1.11B	$1.30B	$1.28B	$1.36B	$1.53B	+8.5%
SG&A	$860.0M	$986.3M	$969.5M	$1.03B	$1.13B	+7.1%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AAPL	Apple Inc.	5T	39.4x	10.8x	101.6%	+6.1%	+28.5%	فروش
ABNB	Airbnb, Inc.	97.8B	37.5x	7.4x	16.8%	+24.4%	+28.5%	فروش
ADBE	Adobe Inc.	97.1B	13.9x	3.7x	57.2%	+11.5%	-30.7%	خرید قوی
ACN	Accenture plc	144.3B	18.0x	2.0x	27.9%	+8.0%	+0.4%	نگه‌داری
ADI	Analog Devices, Inc.	207.6B	50.9x	14.8x	11.0%	+16.4%	+76.9%	فروش
AI	C3.ai, Inc.	2B	—	8.4x	-35.6%	+3.6%	-33.6%	فروش

Base and Bull scenarios

Base60%

Price target

$109.19

-41.2% from spot

Better component availability supports growth while FY2026 profitability holds. Weaker annual revenue expectations or sustained margin erosion by FY2028 would disconfirm it.

Revenue growth stays strong through FY2028, then fades toward mature rates.

Bull20%

Price target

$128.93

-30.5% from spot

Core growth and profitability must persist without a large internal capital build. Renewed shipment limits or weaker margins by FY2028 would disconfirm it.

Advanced-packaging and service demand extend growth as component availability improves.

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($109.19). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	2.0%	2.5%	3.0%	3.5%	4.0%
8.4%	$126	$131	$137	$143	$152
9.4%	$113	$117	$120	$125	$130
10.4%	$103	$106	$109	$111	$115
11.4%	$95.1	$96.9	$98.9	$101	$104
12.4%	$88.4	$89.7	$91.2	$92.9	$94.7

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E32

P25 n/aP50 n/aP75 n/a

Trailing P/E50.7

P25 n/aP50 n/aP75 n/a

ROE87.5

P25 n/aP50 n/aP75 n/a

ROIC66.7

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All KLAC indicators

Market & fundamental data

Available fields

297

Groups with data

Currency

USD

Showing 297 of 297 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000319201
Company name	KLA Corporation
Country	United States
Country code	US
CUSIP number	482480100
Earnings date	2026-10-28
Earnings time	amc
Employees	17,200
Employees change	2,000
Employees growth	13.16%
Enterprise value	$208B
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	June
Founded	1975
In index	SP500, NASDAQ100
Industry	Semiconductor Equipment & Materials
Is primary listing	Yes
Is SPAC	No
ISIN number	US4824801009
Last 10-K release date	2026-08-06
Last earnings date	2026-10-28
Last refreshed	2026-10-28
Last stock split date	2026-06-12
Last stock split type	Forward
Market cap	$206.8B
Market cap category	Mega-Cap
Next earnings date	2027-01-28
Options	Yes
Price	$158.44
Price currency	USD
Sector	Technology
SIC code	3827
Stock price date	2026-10-28
Symbol	KLAC
Tags	artificial-intelligence
U.S. state	California
Website	https://www.kla.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	42.18x
Average P/E ratio (10Y)	24.21x
Average P/E ratio (3Y)	36.01x
Average P/E ratio (5Y)	28.4x
Earnings yield	2.31%
EV/Earnings	43.05x
EV/EBIT	36.74x
EV/EBITDA	34.35x
EV/FCF	55.21x
EV/Sales	15.32x
FCF / EV yield	1.81%
FCF yield	1.82%
Forward EV/Sales	11.48x
Forward P/E	29x
Forward P/S	11.41x
Graham number	20.00219
Graham upside	-87.37%
Industry forward P/E	25.42x
Industry P/E	39.87x
Lynch fair value	$67.25
Lynch upside	-57.54%
P/(FCF - SBC) ratio	59.8x
P/(OCF - SBC) ratio	53.93x
P/B ratio	31.63x
P/E ratio	43.29x
P/FCF ratio	54.88x
P/OCF ratio	49.9x
P/S ratio	15.22x
PEG ratio	1.39x
Price / tangible book value	48.02x
Price/EBITDA ratio	34.14x
Sector forward P/E	18.55x
Sector P/E	32.64x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	41.69%
EBITDA margin	44.59%
Effective tax rate	13.83%
FCF margin	27.74%
Gross margin	61.3%
Operating margin	41.69%
Pretax margin	41.28%
Profit margin	35.57%
Profit per employee	$280,859
Profitable quarters	34
Profitable years	17
Revenue per employee	$789,504
ROA	20.8%
ROA (5Y)	18.96%
ROCE	41.48%
ROE	87.5%
ROE (5Y)	114.43%
ROIC	66.75%
ROIC (5Y)	66.53%
SBC / revenue	2.28%
Tax / revenue	5.71%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	20.4%
EPS growth (Q)	13.8%
EPS growth (QoQ)	13.54%
EPS growth 10Y	23.35%
EPS growth 3Y	14.87%
EPS growth 5Y	22.31%
EPS growth quarters	9
EPS growth years	2
FCF growth	0.55%
FCF growth (Q)	-23.24%
FCF growth (QoQ)	31.32%
FCF growth 3Y	4.22%
FCF growth 5Y	14.04%
Gross profit growth	12.43%
Gross profit growth (Q)	14.08%
Gross profit growth 3Y	9.86%
Gross profit growth 5Y	14.96%
Net income growth	18.94%
Net income growth (Q)	13.32%
Net income growth (QoQ)	13.49%
Net income growth 3Y	12.56%
Net income growth 5Y	18.38%
Net income growth quarters	9
Net income growth years	2
OCF growth	1.5%
OCF growth (Q)	-22.19%
OCF growth (QoQ)	28.13%
OCF growth 10Y	18.49%
OCF growth 3Y	4.13%
OCF growth 5Y	13.65%
Operating income growth	12.89%
Operating income growth (Q)	14.96%
Operating income growth 3Y	12.32%
Operating income growth 5Y	17.88%
Revenue growth	11.71%
Revenue growth (Q)	15.21%
Revenue growth (QoQ)	7.1%
Revenue growth 10Y	16.36%
Revenue growth 3Y	8.96%
Revenue growth 5Y	14.44%
Revenue growth quarters	9
Revenue growth years	2

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-375.9M
Depreciation and amortization	$394M
EBIT	$5.7B
EBITDA	$6.1B
EPS	$3.66
FCF per share	$2.89
Financing cash flow	$-3.4B
Free cash flow	$3.8B
Free cash flow minus SBC	$3.5B
Gross profit	$8.3B
Income taxes	$775.2M
Investing cash flow	$-1.2B
Net borrowing	$-1.6M
Net cash flow	$-429.1M
Net income	$4.8B
Operating cash flow minus SBC	$3.8B
Operating income	$5.7B
Revenue	$13.6B
Stock-based compensation	$310.2M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	12.01
Book value per share	$4.86
Debt / EBITDA	1.01
Debt / equity	0.97
Debt / FCF	1.63
Goodwill	$1.8B
Interest coverage	19.9
Long-term assets	$5.6B
Long-term liabilities	$7.3B
Net cash (debt)	$-1.2B
Net cash / market cap	-0.6%
Net debt / EBITDA	0.21
Net debt / equity	0.2
Net debt / FCF	0.33
Piotroski F-Score	6
Property, plant and equipment	$1.7B
Shareholders' equity	$6.3B
Tangible book value	$4.3B
Tangible book value per share	$3.29
Total assets	$18B
Total cash	$4.9B
Total debt	$6.2B
Total liabilities	$11.6B
WACC	11.97%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.8
Current assets	$12.4B
Current liabilities	$4.3B
Current ratio	2.88
Inventory turnover	1.53
Net working capital	$3.2B
Quick ratio	1.84
Working capital	$8.1B
Working capital turnover	1.85

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	1.34%
Dividend growth	16.67%
Dividend growth (10Y)	14.98%
Dividend growth (3Y)	17.33%
Dividend growth (5Y)	17.5%
Dividend growth years	16
Dividend payment date	2026-09-01
Dividend payment years	22
Dividend payout frequency	Quarterly
Dividend per share	$0.92
Dividend yield	0.58%
Ex-dividend date	2026-08-17
FCF payout ratio	29.1%
Last dividend	$0.23
Payout ratio	22.95%
Shareholder yield	1.92%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	2,020.45%
10Y return CAGR	37.89%
10Y total return	2,383.87%
150-day SMA	$193.19
15Y price change	3,248.98%
15Y return CAGR	30.9%
15Y total return	5,578.27%
1D price change	3.11%
1M price change	-15.69%
1M total return	-15.69%
1W price change	-2.04%
1W total return	-2.04%
1Y price change	30.39%
1Y return CAGR	31.12%
1Y total return	31.09%
20-day SMA	$177.01
200-day SMA	$181.87
20Y price change	3,187.82%
20Y return CAGR	22.9%
20Y total return	6,076.07%
3M price change	-22.09%
3M total return	-22%
3Y price change	245.99%
3Y return CAGR	52.44%
3Y total return	254.33%
50-day SMA	$179.57
50-day SMA vs 200-day SMA	50under200
52-week high	$307.37
52-week high date	2026-06-30
52-week low	$107.20
52-week low date	2025-11-21
5Y price change	365.22%
5Y return CAGR	37.33%
5Y total return	388.4%
6M price change	-16.61%
6M total return	-16.41%
After-hours change	-0.28%
After-hours close	$158.44
After-hours price	$158.00
All-time high	$307.37
All-time high date	2026-06-30
All-time low	$0.14
All-time low date	1990-10-05
Average true range (ATR)	$7.67
Average volume	10.4M
Beta (1Y)	1.84
Beta (2Y)	1.78
Beta (5Y)	1.45
Change from 52-week high	-48.45%
Change from 52-week low	47.8%
Change from all-time high	-48.45%
Change from all-time low	110,080.81%
Change from open	1.64%
Day's gap	1.44%
Dollar volume	$1.3B
High price	$160.93
Low price	$155.67
Monthly RSI	53.9
Open price	$155.88
Position in 52-week range	52.66%
Premarket change	1.21%
Premarket close	$153.66
Premarket price	$155.52
Premarket volume	136.6K
Previous close	$153.66
Price vs 150-day SMA	-17.99%
Price vs 20-day SMA	-10.49%
Price vs 200-day SMA	-12.88%
Price vs 50-day SMA	-11.77%
Relative volume	0.76
RSI	37.79
Sharpe ratio	0.69
Sharpe ratio (3Y)	1.02
Sharpe ratio (5Y)	0.84
Sortino ratio	1.07
Sortino ratio (3Y)	1.57
Sortino ratio (5Y)	1.34
Volume	7.9M
Weekly RSI	44.09
YTD price change	30.4%
YTD total return	30.88%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	1.3B
Float percentage	99.76%
Shares change (QoQ)	-0.19%
Shares change (YoY)	-1.34%
Shares held by insiders	0.1%
Shares held by institutions	92.97%
Shares outstanding	1.3B
Short % of float	1.86%
Short % of shares	1.86%
Short ratio	2.6 days

Other indicators

Additional ticker metrics that do not fit the primary research groupings.

Metric	Value
Page views	680

Deeper analysis on KLAC

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this KLAC report

What is the latest published KLAC stock rating?

KLA Corporation is shown with Sell in the latest published report, analyzed 2026-09-08. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full KLAC analysis?

The full latest published report, analyzed 2026-09-08, lives at /stocks/KLAC/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for KLAC?

The latest published report analyzed 2026-09-08 gives KLAC a fair value of USD 109 and a potential value of USD 129. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the KLAC page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-09-08). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

SellKLAC · Fair value $109-41.2%

Read full analysis →

KLA Corporation (KLAC)

Our latest published analysis: KLAC rated Sell

Price

Financial snapshot

Fair-value bridge

Latest news · KLAC

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All KLAC indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on KLAC

Frequently asked questions

سابقهٔ رتبه‌بندی

Category	Score	Reading
Valuation	1.5
Management	8.5
Balance Sheet	6.5
Profitability	8.5
Revenue Growth	7.5
Risk Assessment	7.0
Competitive Moat	5.8
Earnings Quality	6.5
Capital Efficiency	8.5