# KLA Corporation (KLAC) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Semiconductors & Semiconductor Equipment. Price $185.60, market value $242.5 billion.

## Valuation
- **P/E (trailing): 50.7×** (5-yr avg 37.1×, 3-yr avg 50.6×). KLA Corporation trades at 50.7× trailing earnings, well above its own five-year average of 37.1×: 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 27.7×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.36**. A PEG of 1.36 is in the range usually read as fairly priced for its growth.
- **Price / sales: 17.9×**. Each dollar of revenue is priced at 17.9×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 38.2×**. The shares trade at 38.2× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 1.6%** (5-yr avg 3.7%). Free cash flow equals 1.6% of the market value, below its five-year average of 3.7%, so the shares are pricier on cash than usual.
- **Earnings yield: 2.0%**. The inverse of the P/E: 2.0% of the price is earned each year.

## Profitability
- **Net margin: 35.6%**. 35.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 76.1%**. A 76.1% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on assets: 26.9%**. Each dollar of assets produces 26.9% of profit.

## Growth
- **Revenue growth (1 yr): 11.7%** (3-yr 9.0%/yr, 5-yr 14.4%/yr). Revenue grew 11.7% over the last year, against 14.4% a year compounded over five years.
- **EPS growth (1 yr): 20.4%** (3-yr 14.9%/yr, 5-yr 22.3%/yr). Earnings per share rose 20.4%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 4.2%/yr**. Free cash flow has compounded at 4.2% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.93**. Debt is 0.93 times equity, moderate leverage.
- **Current ratio: 2.88** (quick 2.88). Current assets cover the next year's liabilities 2.88 times.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.50%** ($0.80 per share, trailing). KLA Corporation yields 0.50%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 22%** (28% of free cash flow). 22% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 10**. 10 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 16.2%/yr** (1-yr 22.3%). The dividend has compounded at 16.2% a year over five years, doubling roughly every 4 years at that pace.

## Analyst view
- **Analyst consensus: buy** (26 analysts). 26 analysts cover KLA Corporation; the consensus is buy, with an average price target of $233.77 (+26% 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): 113.4%** (YTD 53.1%, 3-mo -3.8%). The shares are up 113.4% over twelve months including dividends.
- **From 52-week high: -39.6%** (103.9% above the low). Trading 40% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 47**. An RSI of 47 is neutral.
- **Beta (1 yr): 2.75** (volatility 60%). Beta of 2.75 against the S&P 500: the shares move much more than the market.

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

Not investment advice.