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KLA CORP (KLAC) USD

At a glance: strengths & risks
Revenue growing (+24%)Profit growing (+47%)Margins improving (37%→41%)Low leverage (0.8x EBITDA)Pricier than own history (EV/EBITDA 45.4 vs avg 24.0)

Sector: Technology

US_KLAC

Price chart

208.25 USDDay 3.88%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
208.25 USD · 3.88%
Market cap
274.9 bn USD

Growth

Δ revenue y/y
15.2%
Δ EBITDA y/y
20.8%

Multiples

P/E (LTM)
56.9x
3y avg: 29.1x
P/B (FY)
P/E (ann.)
50.4x
EV/EBITDA (LTM)
45.4x
3y avg: 24.0x
EV/EBITDA (ann.)
40.1x

Cash return

Dividend yield
0.4%
FCF yield (LTM)
2.0%

Value creation

fundamental value/yr, % of market cap
Value created / year

Liquidity

Daily turnover (US listing)
725 mln USD

Shares: yahoo_fundamentals_timeseries/KLAC

Financial results

Monetary columns are in B USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueB USDOperating profitB USDD&AB USDEBITDAB USDNet profitB USDOperating CFB USDCapex + M&AB USDAssetsB USDEquityB USDROE (annualized)Net debtB USDSource
2026-06-30Q2 2026 (3M)OK3.7
y/y
1.6
y/y
0.1
y/y
1.7
y/y
1.4
y/y
0.9-0.118.0
y/y
6.3
y/y
89.5%1.0
2026-03-31Q1 2026 (3M)OK3.4
y/y 11.5%
1.4
y/y 12.0%
0.1
y/y 1.0%
1.5
y/y 11.3%
1.2
y/y 10.3%
0.7-0.116.9
y/y 11.1%
5.8
y/y 45.6%
28.4%4.4Link
2025-12-31Q4 2025 (3M)OK3.3
y/y 7.2%
1.3
y/y 36.8%
0.1
y/y -4.5%
1.4
y/y 32.8%
1.1
y/y 39.0%
1.4-0.116.7
y/y 11.5%
5.5
y/y 52.5%
87.7%3.7Link
2025-09-30Q3 2025 (3M)OK3.2
y/y 13.0%
1.3
y/y 21.4%
0.1
y/y 1.2%
1.4
y/y 19.8%
1.1
y/y 18.5%
1.2-0.116.3
y/y 4.1%
5.0
y/y 40.0%
92.7%4.1Link
2025-06-30Q2 2025 (3M)OK3.2
y/y 23.6%
1.3
y/y 40.6%
0.1
y/y -4.7%
1.4
y/y 36.2%
1.2
y/y 43.8%
1.2-0.116.1
y/y 4.1%
4.7
y/y 39.3%
93.4%4.0Link
2025-03-31Q1 2025 (3M)OK3.1
y/y 29.8%
1.3
y/y 80.1%
0.1
y/y -1.2%
1.4
y/y 70.0%
1.1
y/y 80.9%
1.1-0.115.2
y/y 1.5%
4.0
y/y 29.4%
38.2%4.2Link
2024-12-31Q4 2024 (3M)OK3.1
y/y 23.7%
1.0
y/y 40.7%
0.1
y/y 4.9%
1.1
y/y 36.2%
0.8
y/y 41.5%
0.8-0.115.0
y/y 5.1%
3.6
y/y 17.8%
92.3%4.2Link
2024-09-30Q3 2024 (3M)OK2.8
y/y 18.5%
1.1
y/y 26.6%
0.1
y/y -6.4%
1.2
y/y 23.1%
0.9
y/y 27.6%
1.0-0.115.7
y/y 10.9%
3.6
y/y 19.0%
109.2%4.1Link
2024-06-30Q2 2024 (3M)OK2.6
y/y
0.9
y/y
0.1
y/y
1.0
y/y
0.8
y/y
0.9-0.115.4
y/y 9.7%
3.4
y/y 15.4%
85.5%4.1Link
2024-03-31Q1 2024 (3M)OK2.4
y/y -3.0%
0.7
y/y -12.3%
0.1
y/y -5.3%
0.8
y/y -11.5%
0.6
y/y -13.8%
0.9-0.115.0
y/y 9.3%
3.1
y/y 15.4%
26.1%5.0Link
2023-12-31Q4 2023 (3M)OK2.5
y/y
0.7
y/y
0.1
y/y
0.8
y/y
0.6
y/y
0.6-0.114.3
y/y
3.0
y/y
77.2%4.4Link
2023-09-30Q3 2023 (3M)OK2.4
y/y
0.9
y/y
0.1
y/y
1.0
y/y
0.7
y/y
0.9-0.114.1
y/y
3.0
y/y
100.4%4.4Link
2023-06-30FY 2023 (12M)OK
y/y
y/y
y/y
y/y
y/y
14.1
y/y
2.9
y/y
120.9%4.1Link
2023-03-31Q1 2023 (3M)OK2.4
y/y
0.8
y/y
0.1
y/y
0.9
y/y
0.7
y/y
1.0-0.113.7
y/y
2.7
y/y
4.5Link

Net debt structure (leases included, IFRS 16) 2026-06-30

Long-term debt (incl. LT leases)5 887
− Cash & equivalents4 902
Net debt985

Net debt / LTM EBITDA: 0.2x

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

01 0002 0003 0004 0002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Year-over-year change

-25%0%25%50%75%2024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Cash flow

FCF ($ mln)

05001 0001 5002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Net debt / cash ($ mln)

01 0002 0003 0004 0005 0002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Profit and cash

Profit is cash-backed
In a typical year of 2021–2025 operating cash flow came to 1.05x of reported net profit; after capex, 0.94x.
year20212022202320242025
cash flow / profit1.05x1.00x1.08x1.20x1.00x
accruals, % of assets-1.0%0.1%-2.0%-3.5%-0.1%
Last twelve months (to 2026-06-30): 0.86x of profit came back as operating cash flow.
net debt / EBITDA 0.8x · EBIT covers interest 15.4x · capex 0.8x of depreciation · dividends 24% of free cash flow · share count -3.7% a year
Read from the reported annual statements: cash flow / profit is the median of the yearly operating cash flow over net profit for the years shown; accruals are (profit − operating cash flow) / assets, the classic gap between what was booked and what was collected. A gap can be growth in working capital, capitalised costs, revaluations or profit from associates — the panel points at it, the statements explain it. Not investment advice.

Fundamental value creation

Value the company creates per year, as a % of market cap

Value created per year: +8.8%

How this was calculated
1. EBITDA growth (latest quarter YoY, annualised)
[EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2026-06-30 vs 2025-06-30)
= (1 721 − 1 425) × 3.53
1 045
2. Current EV/EBITDA (LTM)
(Market cap + Net debt) ÷ EBITDA (LTM)
= (274 938 + 985) ÷ 6 073
30.0x — capped at 30x
3. Target multiple
(Current EV/EBITDA + 12) ÷ 2
= (30.0 + 12) ÷ 2
21.0x
4. Cash flow (balance method, LTM)
Net-debt reduction + dividends + buybacks − equity issuance
= -228 + 752 + 1 719 − 56
2 243
5. Value created per year
(EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap
= (1 045 × 21.0 + 2 243) ÷ 274 938
+8.8%

Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.

Caveats:

  • equity issuance measured by share-count dilution at market, not the cash line

Revenue growth & acceleration

Growth accelerating ▲
Last-year revenue growth +24% vs -7% the year before — a +30.4 pp move. 3-year CAGR +10%.
revenue growth by year: 2023 +14% · 2024 -7% · 2025 +24%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

EV/EBITDA — daily history

Current 5.3x · 3-year average 34.8x

EV/EBITDA3-year 75th pct

Dividends

Paid (completed)

DatePer shareDetailsStatusSource
2026-05-180.23 USDEx-dividend: 0.23 USD per sharePaidYahoo Finance (ex-div)
2026-02-170.19 USDEx-dividend: 0.19 USD per sharePaidYahoo Finance (ex-div)
2025-11-170.19 USDEx-dividend: 0.19 USD per sharePaidYahoo Finance (ex-div)
2025-08-180.19 USDEx-dividend: 0.19 USD per sharePaidYahoo Finance (ex-div)
2025-05-190.19 USDEx-dividend: 0.19 USD per sharePaidYahoo Finance (ex-div)
2025-02-240.17 USDEx-dividend: 0.17 USD per sharePaidYahoo Finance (ex-div)
2024-11-180.17 USDEx-dividend: 0.17 USD per sharePaidYahoo Finance (ex-div)
2024-08-150.145 USDEx-dividend: 0.145 USD per sharePaidYahoo Finance (ex-div)
2024-05-140.145 USDEx-dividend: 0.145 USD per sharePaidYahoo Finance (ex-div)
2024-02-150.145 USDEx-dividend: 0.145 USD per sharePaidYahoo Finance (ex-div)
2023-11-140.145 USDEx-dividend: 0.145 USD per sharePaidYahoo Finance (ex-div)
2023-08-140.13 USDEx-dividend: 0.13 USD per sharePaidYahoo Finance (ex-div)
2023-05-120.13 USDEx-dividend: 0.13 USD per sharePaidYahoo Finance (ex-div)
2023-02-100.13 USDEx-dividend: 0.13 USD per sharePaidYahoo Finance (ex-div)
2022-11-140.13 USDEx-dividend: 0.13 USD per sharePaidYahoo Finance (ex-div)
2022-08-120.13 USDEx-dividend: 0.13 USD per sharePaidYahoo Finance (ex-div)
2022-05-130.105 USDEx-dividend: 0.105 USD per sharePaidYahoo Finance (ex-div)
2022-02-110.105 USDEx-dividend: 0.105 USD per sharePaidYahoo Finance (ex-div)
2021-11-120.105 USDEx-dividend: 0.105 USD per sharePaidYahoo Finance (ex-div)
2021-08-130.105 USDEx-dividend: 0.105 USD per sharePaidYahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of KLA CORP (KLAC) — from primary filings.

Process control, inspection, and yield-management systems for semiconductor fabrication.

Frequently asked questions

What is KLA CORP (KLAC)'s P/E ratio?
KLA CORP (KLAC) trades at a P/E of 56.9x (price to trailing 12-month earnings).
What is KLA CORP (KLAC)'s EV/EBITDA?
KLA CORP (KLAC) trades at 45.4x EV/EBITDA.
What is KLA CORP (KLAC)'s P/B ratio?
KLA CORP (KLAC) trades at a P/B of 58.6x.
What is KLA CORP (KLAC)'s dividend yield?
KLA CORP (KLAC)'s trailing 12-month dividend yield is 0.4%.
What is KLA CORP (KLAC)'s return on equity (ROE)?
KLA CORP (KLAC)'s ROE is 89.5%.
What is KLA CORP (KLAC)'s market capitalization?
KLA CORP (KLAC)'s market cap is 274.9 bn USD.

See also: The Cheapest Stocks in the World (2026): What Value Investing Says About Buying Cheap · global valuation map