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.
| Revenue | $12,156,162,000 |
| Net Income | $4,061,643,000 |
| Free Cash Flow | $3,741,694,000 |
| Book Value / Share | $35.27 |
| Total Liabilities | $11,375,473,000 |
| Total Equity | $4,692,453,000 |
| Debt / Equity | 1.30 |
| Current Ratio | 2.62 |
| Interest Coverage | 17.34 |
| Working Capital | $6,612,994,000 |
Core multiples and valuation signals — useful to compare vs peers.
| P/E (TTM) | 29.34 |
| Industry P/E | N/A |
| Forward P/E | 33.12 |
| P/B | 25.39 |
| Price / Sales | 9.80 |
| P / FCF | 31.85 |
| EV / EBITDA | 23.06 |
| Graham Number | $155.67 |
| DCF (placeholder) | — |
| Gross Margin | 62.32% |
| Operating Margin | 43.11% |
| Net Margin | 33.41% |
| ROIC | 38.11% |
| Asset Turnover | 0.76 |
| RSI (14) | 57.96 |
| SMA 50 | 973.28 |
| SMA 200 | 816.55 |
| MACD | 21.06 |
| Signal | BULLISH |
| Name | Title |
|---|---|
| Mr. Richard P. Wallace | President, CEO & Executive Director (1960) |
| Mr. Bren D. Higgins | Executive VP & CFO (1970) |
| Ms. Mary Beth Wilkinson | Executive VP, Chief Legal Officer & Corporate Secretary (1973) |
| Mr. Ahmad A. Khan | President of Semiconductor Products & Customers (1974) |
| Mr. Brian W. Lorig | Executive Vice President of KLA Global Services (1974) |
| Mr. Virendra A. Kirloskar | Senior VP & Chief Accounting Officer (1963) |
| Dr. Ben Bin-Ming Tsai | CTO & Executive VP of Corporate Alliances (1959) |
| Mr. Kevin M. Kessel C.F.A. | Vice President of Investor Relations (—) |
KLA (KLAC) shares dropped sharply after fresh US tariff threats on Chinese goods and new Chinese restrictions on rare earth exports rattled semiconductor stocks, fueling renewed fears about global supply chain stability and rising costs. See our latest analysis for KLA. KLA's stock has had a rollercoaster week, tumbling 10% in the past seven days as fresh trade tensions rattled the sector, even after notching a 61% share price return year-to-date. This rapid momentum follows strong, AI-fueled...
Semiconductors are the core infrastructure powering the Information Age. The way we live and work is also changing with AI, which is creating secular demand for more powerful chips. As a result, the industry has seen solid stock price performance over the last six months as its gain of 70.4% has outpaced the S&P 500’s 22.9% return.
If you have been watching KLA lately and wondering whether it still has room to run, you are definitely not alone. With the stock closing at $1,025 and racking up a jaw-dropping 424.2% gain over the past five years, it has been hard to ignore for both longtime holders and new investors. Even in 2024, KLA kept up a brisk pace with a 61.0% return year to date. That said, recent weeks have felt a bit more volatile, as shares dipped 10.1% over the last seven days. However, they remain up an...