# Keysight Technologies Inc. (KEYS) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Technology / Electronic Components & Instruments. Price $305.11, market value $51.9 billion.

## Valuation
- **P/E (trailing): 41.3×** (5-yr avg 33.2×, 3-yr avg 33.5×). Keysight Technologies Inc. trades at 41.3× trailing earnings, well above its own five-year average of 33.2×: investors are paying up relative to the company's past. The Technology median in the September 2026 study was 32.1×. Forward P/E is 21.9×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.55**. A PEG of 0.55 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 7.9×**. Each dollar of revenue is priced at 7.9×.
- **Price / book: 7.9×**. The shares trade at 7.9× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 2.8%** (5-yr avg 3.9%). Free cash flow equals 2.8% of the market value, below its five-year average of 3.9%, so the shares are pricier on cash than usual.
- **Earnings yield: 2.4%**. The inverse of the P/E: 2.4% of the price is earned each year.

## Profitability
- **Operating margin: 20.3%**. 20.3% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 15.8%**. 15.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 14.5%**. 14.5% on shareholders' equity is solid.
- **Return on invested capital: 16.1%**. Return on all capital, debt included, is 16.1%: comfortably above what that capital costs.
- **Return on assets: 11.1%**. Each dollar of assets produces 11.1% of profit.

## Growth
- **Revenue growth (1 yr): 8.0%** (3-yr -0.3%/yr, 5-yr 5.0%/yr). Revenue grew 8.0% over the last year, against 5.0% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 39.9%** (3-yr -7.4%/yr, 5-yr 8.2%/yr). Earnings per share rose 39.9%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 10.1%/yr**. Free cash flow has compounded at 10.1% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.43**. Debt is 0.43 times equity: a conservative balance sheet.
- **Current ratio: 2.35** (quick 2.35). Current assets cover the next year's liabilities 2.35 times.
- **Altman Z-score: 7.48**. A Z-score of 7.48 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Keysight Technologies Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (12 analysts). 12 analysts cover Keysight Technologies Inc.; the consensus is buy, with an average price target of $418.00 (+37% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 63.4%** (YTD 47.1%, 3-mo -7.1%). The shares are up 63.4% over twelve months including dividends.
- **From 52-week high: -21.8%** (82.4% above the low). Trading 22% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 33**. An RSI of 33 is neutral.
- **Beta (1 yr): 1.93** (volatility 46%). Beta of 1.93 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=KEYS · Page: https://foliofundamentals.com/stocks/keys

Not investment advice.