Stocks · Technology · Semiconductors
KLA Corporation KLAC
$206.89 +3.27% Close, Oct 2, 2026 · NASDAQ · Market cap $270.26B
Next earnings report: Oct 28, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- At 56.5× trailing earnings, the shares trade at the highest P/E of the company's past five years.
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +2.7%).
- Over the past year the stock returned +83.3%, ahead of the S&P 500 by 68.2 percentage points.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth35Weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 48%
- EPS growth (TTM, YoY)Top 44%
- FCF growth (TTM, YoY)Bottom 32%
- Revenue growth, 3-year CAGRTop 44%
- Revenue growth accelerationBottom 25%
Quality70Positive
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 3%
- Gross marginTop 38%
- Operating marginTop 4%
- Cash conversion (OCF / net income)Bottom 15%
- Accruals (lower is better)Bottom 8%
- Net debt / EBITDA (lower is better)Bottom 45%
- Interest coverTop 17%
Value25Very weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 42%
- Free-cash-flow yieldBottom 37%
- EBITDA / enterprise valueBottom 43%
- Sales / enterprise valueBottom 11%
- P/E vs own 5-year history (lower is better)Bottom 4%
Momentum74Positive
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 20%
- 6-month returnTop 39%
- 1-year return vs S&P 500Top 17%
- Distance from 52-week highBottom 45%
- Trend checklist (0–4)Top 18%
Revisions51Neutral
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 29%
- Consecutive EPS beatsTop 9%
- Share of analysts rating BuyBottom 49%
- Upside to consensus price targetBottom 29%
Stability60Neutral
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 40%
- Maximum drawdown, 3 yearsTop 17%
- Beta vs S&P 500 (lower is better)Bottom 33%
- Net debt / EBITDA (lower is better)Bottom 45%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 13.4% | 11.7% | ↓ |
| EPS growth (YoY) | 28.5% | 20.7% | ↓ |
| Gross margin | 60.9% | 61.3% | ↑ |
| Operating margin | 41.2% | 41.7% | ↑ |
| FCF margin | 30.8% | 27.7% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 11.7% | 13.4% | ↓ | Bottom 48% |
| EPS growth (TTM, YoY) | 20.7% | 28.5% | ↓ | Top 44% |
| Gross margin | 61.3% | 60.9% | ↑ | Top 38% |
| Operating margin | 41.7% | 41.2% | ↑ | Top 4% |
| Net margin | 35.6% | 33.4% | ↑ | — |
| Free-cash-flow margin | 27.7% | 30.8% | ↓ | — |
| Return on invested capital | 35.6% | — | Top 3% | |
| Revenue growth, 3-year CAGR | 9.0% | — | Top 44% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.86×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 3.8%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 2.3%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +7.0 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.78×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 19.9×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.39%
- Net buyback yield (TTM)
- 0.81%
- Shareholder yield
- 1.20%
- Share count change, 1 year
- -0.6%
- Share count change, 3-year CAGR
- -1.4%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +2.7%
- Average 2-day reaction, last 8
- -0.5%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $225.50
- Target vs current price
- +9.0%
- Analysts with a rating
- 44
- Share rating Buy or Strong Buy
- 64%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 28, 2026 | +5.0% | -6.2% | -10.1% | -10.7% | — |
| Apr 29, 2026 | +2.5% | +0.4% | -4.2% | +8.2% | +16.4% |
| Jan 29, 2026 | +1.1% | +3.5% | -19.7% | -6.3% | +18.9% |
| Oct 29, 2025 | +2.3% | +2.4% | -1.0% | -5.0% | +27.9% |
| Jul 31, 2025 | +10.6% | -5.0% | -4.0% | -3.9% | +25.3% |
| Apr 30, 2025 | +3.7% | +2.1% | -1.2% | +13.0% | +31.1% |
| Jan 31, 2025 | +6.5% | -0.6% | +2.6% | -4.5% | -6.6% |
| Oct 30, 2024 | +4.1% | -0.6% | -3.7% | -9.3% | +1.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 28, 2026 | $1.05 | $1.00 | +5.0% | $3.66B |
| Apr 29, 2026 | $0.94 | $0.92 | +2.5% | $3.42B |
| Jan 29, 2026 | $0.89 | $0.88 | +1.1% | $3.30B |
| Oct 29, 2025 | $0.88 | $0.86 | +2.3% | $3.21B |
| Jul 31, 2025 | $0.94 | $0.85 | +10.6% | $3.17B |
| Apr 30, 2025 | $0.84 | $0.81 | +3.7% | $3.06B |
| Jan 31, 2025 | $0.82 | $0.77 | +6.5% | $3.08B |
| Oct 30, 2024 | $0.73 | $0.70 | +4.1% | $2.84B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 56.5× | 26.4× | 100th | Top 42% |
| P/E (forward) | 37.6× | — | — | — |
| EV / EBITDA | 47.7× | — | — | Bottom 43% |
| EV / Sales | 20.23× | — | — | Bottom 11% |
| Free-cash-flow yield | 1.39% | — | — | Bottom 37% |
| Earnings yield | 1.77% | — | — | Top 42% |
P/E over the past five years
Range 14.5× – 52.7× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +83.3%
- Earnings per share growth (TTM)
- +20.7%
- Change in P/E multiple
- +75.0%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 5
- Days above the 200-day average
- 11
- 50-day average slope (20 days)
- -9.7%
- 200-day average slope (20 days)
- +3.9%
- Distance from 50-day average
- +10.5%
- Distance from 200-day average
- +16.4%
- RSI (14)
- 67.2
- Relative volume
- 0.77×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 54.4%
- Volatility vs own 5-year history
- 79th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.69
- Correlation with S&P 500
- 0.52
- Current drawdown from 1-year high
- -31.4%
- Maximum drawdown, 3 years
- -44.5%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jun 30, 2026 | Sep 16, 2026 | -44.5% | 54 days | Not yet recovered |
| Jan 14, 2022 | Oct 17, 2022 | -40.8% | 189 days | 153 days (May 26, 2023) |
| Jul 10, 2024 | Apr 4, 2025 | -35.4% | 185 days | 49 days (Jun 16, 2025) |
| Jan 29, 2026 | Feb 4, 2026 | -22.4% | 4 days | 44 days (Apr 9, 2026) |
| Apr 5, 2021 | May 12, 2021 | -19.3% | 27 days | 85 days (Sep 13, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $270.26B
- P/E (TTM)
- 56.5
- EPS, diluted (TTM)
- $3.67
- Revenue (TTM)
- $13.58B
- Dividend yield
- 3.06%
- 52-week range
- $98.10 – $307.37
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $9.21B | $10.50B | $9.81B | $12.16B | $13.58B |
| Gross profit | $5.62B | $6.28B | $5.88B | $7.40B | $8.32B |
| Operating income | $3.65B | $3.99B | $3.64B | $5.01B | $5.66B |
| Net income | $3.32B | $3.39B | $2.76B | $4.06B | $4.83B |
| EPS (diluted) | $2.19 | $2.42 | $2.03 | $3.04 | $3.66 |
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.84B | $3.08B | $3.06B | $3.17B | $3.21B | $3.30B | $3.42B | $3.66B |
| Net income | $945.9M | $824.5M | $1.09B | $1.20B | $1.12B | $1.15B | $1.20B | $1.36B |
| EPS (diluted) | $0.70 | $0.61 | $0.82 | $0.91 | $0.85 | $0.87 | $0.91 | $1.04 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $3.31B | $3.67B | $3.31B | $4.08B | $4.14B |
| Capital expenditure | -$307.3M | -$341.6M | -$277.4M | -$340.2M | -$375.9M |
| Free cash flow | $3.01B | $3.33B | $3.03B | $3.74B | $3.77B |
| Dividends paid | -$638.5M | -$732.6M | -$773.0M | -$904.6M | -$1.06B |
| Net share buybacks | -$4.75B | -$1.19B | -$1.59B | -$2.00B | -$2.12B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $4.90B
- Total assets
- $17.95B
- Total liabilities
- $11.60B
- Total debt
- $6.15B
- Net debt
- $4.50B
- Shareholders’ equity
- $6.35B
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 17, 2026 | $0.23 | Sep 1, 2026 |
| May 18, 2026 | $2.30 | Jun 2, 2026 |
| Feb 17, 2026 | $1.90 | Mar 3, 2026 |
| Nov 17, 2025 | $1.90 | Dec 2, 2025 |
| Aug 18, 2025 | $1.90 | Sep 3, 2025 |
| May 19, 2025 | $1.90 | Jun 3, 2025 |
| Feb 24, 2025 | $1.70 | Mar 4, 2025 |
| Nov 18, 2024 | $1.70 | Dec 3, 2024 |
Short interest
- Shares sold short
- 23,554,039
- Days to cover
- 2.50
- Change vs previous report
- -19.9%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jun 12, 2026
- 10-for-1
- Jan 19, 2000
- 2-for-1
- Oct 2, 1995
- 2-for-1
- Dec 17, 1984
- 3-for-2
- Dec 9, 1983
- 2-for-1