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Stocks/Information Technology/Semiconductor Materials & Equipment

KLAKLAC

Semiconductor Materials & Equipment · Milpitas, California · In the S&P 500
Solid businessPricier than peers
$157.91−5.69%After hours: $158.64 (+0.46%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 27.8% over 1 year
KLA over 1 yearDaily close, $, to 30 Oct 2026
$200$300Nov2026MarMayJulSep$157.91$200$300NovMarJul$157.91
Source: Nasdaq daily closes
Market value$206B
Price to earnings39.5x
Forward P/E27.5x
Dividend yield0.58%
Year to date+30.0%
One year+27.8%
Next earningsNot scheduled
SectorInformation Technology
52-week range (closes)
$109.71$301.71

Quality and valuation

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

KLA and 4 semiconductor materials & equipment 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: pricier than most

An average business among information technology companies, priced above most of them.

KLA trades at 27.5 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 slower than the sector median: +15.8% vs +20.6%
  • Keeps less of each sale (gross margin): 61.5% vs 61.5%
  • Turns more of its sales into cash: 27.8% vs 21.7%
  • Keeps more of its revenue as profit (net margin): 36.2% vs 15.6%
KLAC trades at 27.5x forward earnings, above the sector medianForward p/e, Semiconductor Materials & Equipment peers
AMAT21.9xQ24.1xLRCX24.9xKLAC27.5xTER28.8xSector median 22.2xAMAT21.9xQ24.1xLRCX24.9xKLAC27.5xTER28.8xSector median 22.2x
Source: CNBC quotes; Mostly Markets
At 39.6x earnings, KLAC is cheaper than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
60x80xAverage 40.1x2025202639.6x25x50x75xAverage 40.1x2025202639.6x
Source: Nasdaq prices; SEC filings

Financials

From KLA's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 28.9% from a year earlierQuarterly revenue, $bn, latest Q1 ’27
$0bn$2bn$4bnQ2 ’25Q4 ’25Q2 ’26$4.1bnQ1 ’27$0bn$2bn$4bnQ2 ’25Q4 ’25Q2 ’26$4.1bnQ1 ’27
Source: SEC filings
Growth sped up to +28.9% last quarterRevenue growth, year on year, %
0%10%20%Q2 ’25Q4 ’25Q2 ’2628.9%Q1 ’270%10%20%Q2 ’25Q4 ’25Q2 ’2628.9%Q1 ’27
Source: SEC filings
Free cash flow was $4.0 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0.0bn$0.5bn$1.0bnQ2 ’25Q4 ’25Q2 ’26$1.3bnQ1 ’27$0.0bn$0.5bn$1.0bnQ2 ’25Q4 ’25Q2 ’26$1.3bnQ1 ’27
Source: SEC filings
Diluted EPS was $1.18 last quarterQuarterly diluted earnings per share, $
$0.0$0.5$1.0Q2 ’25Q4 ’25Q2 ’26$1.18Q1 ’27$0.0$0.5$1.0Q2 ’25Q4 ’25Q2 ’26$1.18Q1 ’27
Source: SEC filings
Last 12 monthsKLACSector median
Revenue growth+15.8%+20.6%
Gross margin61.5%61.5%
Free cash flow margin27.8%21.7%
Price to earnings39.5x33.1x

Stories on KLA

Thursday, 29 October
Earnings

KLA (KLAC) Tops Q1 Estimates as Chip-Inspection Sales Rise 29%

KLA's September-quarter revenue rose 29% to $4.14 billion, ahead of the $4.05 billion expected, and it guided to $4.7 billion for December. The stock rose 5.5% on Thursday.

KLAC▲ 5.5%
A lens scanning a silicon wafer with yellow light
Thursday, 22 October
Why it moved

Lam Research (LRCX), KLA (KLAC) and Applied Materials (AMAT) Shares Slide: What Happened

Lam Research plunged 11.8% on Thursday after warning that short supplies of factory space and parts will limit chipmakers into 2027. KLA lost 9.5% and Applied Materials 8.2%.

LRCX▼ 11.8%
Inside a chip factory's cleanroom

Similar companies

Semiconductor Materials & Equipment, by market value.

CompanyPriceTodayYTDValue
AMATApplied Materials$390.09−7.49%+51.8%$310B
LRCXLam Research$239.11−6.01%+39.7%$299B
TERTeradyne$274.37−7.38%+41.7%$42.90B
QQnity Electronics$116.67−4.88%+42.9%$24.41B