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Keysight TechnologiesKEYS

Electronic Equipment & Instruments · Santa Rosa, California · In the S&P 500
Solid business
$307.20−6.86%After hours: $310.00 (+0.91%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 80.2% over 1 year
Keysight Technologies over 1 yearDaily close, $, to 30 Oct 2026
$200Nov2026MarMayJulSep$307.20$200NovMarJul$307.20
Source: Nasdaq daily closes
Market value$52.30B
Price to earnings41.5x
Forward P/E23.1x
Dividend yield–
Year to date+51.2%
One year+80.2%
Next earningsNot scheduled
SectorInformation Technology
52-week range (closes)
$169.67$388.03

Quality and valuation

How Keysight Technologies compares with other information technology stocks. A description, not a recommendation.

Keysight Technologies and 6 electronic equipment & instruments peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: in line with its sector

An average business among information technology companies, priced about in line with them.

Keysight Technologies trades at 23.1 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +25.5% vs +20.6%
  • Keeps more of each sale (gross margin): 64.7% vs 61.5%
  • More profitable (operating margin): 20.3% vs 17.0%
  • Turns more of its sales into cash: 22.3% vs 21.7%
KEYS trades at 23.1x forward earnings, above the sector medianForward p/e, Electronic Equipment & Instruments peers
MU5.0xNVDA16.9xAVGO18.8xTSM19.8xKEYS23.1xMSFT26.5xAAPL37.4xAMD44.8xSector median 22.2xMU5.0xNVDA16.9xAVGO18.8xTSM19.8xKEYS23.1xMSFT26.5xAAPL37.4xAMD44.8xSector median 22.2x
Source: CNBC quotes; Mostly Markets
At 42.1x earnings, KEYS is cheaper than its average since Aug 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
60xAverage 46.7x2025202642.1x60xAverage 46.7x2025202642.1x
Source: Nasdaq prices; SEC filings

Financials

From Keysight Technologies's SEC filings, through the quarter ending 31 Jul 2026. Hover or tap a bar for its value.

Revenue grew 36.5% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0.0bn$0.5bn$1.0bn$1.5bnQ4 ’24Q2 ’25Q4 ’25$1.9bnQ3 ’26$0bn$1bnQ4 ’24Q2 ’25Q4 ’25$1.9bnQ3 ’26
Source: SEC filings
Growth sped up to +36.5% last quarterRevenue growth, year on year, %
0%10%20%30%Q4 ’24Q2 ’25Q4 ’2536.5%Q3 ’260%20%Q4 ’24Q2 ’25Q4 ’2536.5%Q3 ’26
Source: SEC filings
Operating margin was 25.0% last quarterOperating income as a share of revenue, %
0%10%20%Q4 ’24Q2 ’25Q4 ’2525.0%Q3 ’260%10%20%Q4 ’24Q2 ’25Q4 ’2525.0%Q3 ’26
Source: SEC filings
Free cash flow was $1.5 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$200m$400mQ4 ’24Q2 ’25Q4 ’25$403mQ3 ’26$0m$200m$400mQ4 ’24Q2 ’25Q4 ’25$403mQ3 ’26
Source: SEC filings
Last 12 monthsKEYSSector median
Revenue growth+25.5%+20.6%
Gross margin64.7%61.5%
Operating margin20.3%17.0%
Free cash flow margin22.3%21.7%
Price to earnings41.5x33.1x

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Similar companies

Electronic Equipment & Instruments, by market value.

CompanyPriceTodayYTDValue
AAPLApple$344.63−1.23%+26.8%$5.03T
NVDANvidia$204.64−4.22%+9.7%$4.93T
MSFTMicrosoft$521.91−1.55%+7.9%$3.88T
TSMTaiwan Semiconductor$406.13−5.95%+33.6%$2.11T
AVGOBroadcom$326.08−5.48%−5.8%$1.56T
MUMicron Technology$884.74−5.30%+210.0%$1.00T
AMDAMD$504.80−10.88%+135.7%$824B
ASMLASML$1,565.90−6.55%+46.4%$608B