KLA Corporation

KLACNASDAQ

$147.47

Last price · USD

Market cap: $194.6B
P/E: 40.3x
EV / EBITDA: 32.9x
P/S: 14.3x
FCF yield: 1.9%
Div. yield: 0.54%

Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.

KLA Corporation balance sheet

Annual · USD millions except per-share data · 47 lines

Fiscal year	2026latest	2025	2024	2023	2022	CAGR
Current assets
Cash & cash equivalents	1,650	2,079	1,977	1,928	1,585	+1.0%
Short-term investments	3,253	2,416	2,527	1,315	1,123	+30.5%
Cash & short-term investments	4,902	4,495	4,504	3,243	2,708	+16.0%
Net receivables	3,190	2,434	2,005	1,935	2,016	+12.2%
Accounts receivable	2,889	2,264	1,833	1,753	1,812	+12.4%
Other receivables	301	170	172	182	204	+10.1%
Inventory	3,649	3,212	3,035	2,877	2,147	+14.2%
Prepaids	225	201	125	121	109	+19.8%
Other current assets	416	357	363	195	189	+21.9%
Total current assets	12,382	10,699	10,031	8,372	7,169	+14.6%
Non-current assets
Property, plant & equipment (net)	1,381	1,253	1,342	1,241	976	+9.0%
Goodwill	1,789	1,792	2,016	2,279	2,320	-6.3%
Intangible assets	256	445	669	935	1,194	-32.0%
Goodwill & intangible assets	2,045	2,237	2,684	3,214	3,514	-12.7%
Tax assets	1,037	1,106	915	817	579	+15.7%
Other non-current assets	1,107	774	461	429	358	+32.6%
Total non-current assets	5,570	5,369	5,402	5,700	5,428	+0.6%
Total assets	17,952	16,068	15,434	14,072	12,597	+9.3%
Current liabilities
Accounts payable	624	459	359	371	443	+8.9%
Other payables	84	167	147	383	127	-9.8%
Total payables	708	626	506	754	570	+5.5%
Short-term debt	0	0	750	0	0	—
Capital lease obligations (current)	53	45	36	34	32	+13.2%
Tax payables	0	0	147	383	127	—
Deferred revenue	1,967	2,001	2,134	1,837	1,277	+11.4%
Other current liabilities	1,468	1,304	1,106	1,012	952	+11.4%
Total current liabilities	4,305	4,086	4,661	3,743	2,871	+10.7%
Non-current liabilities
Long-term debt	5,887	5,884	5,880	5,891	6,661	-3.0%
Capital lease obligations (non-current)	211	159	153	138	81	+27.0%
Deferred revenue (non-current)	238	349	394	334	330	-7.8%
Deferred tax liabilities (non-current)	474	447	487	529	659	-7.9%
Other non-current liabilities	486	451	490	518	596	-5.0%
Total non-current liabilities	7,297	7,290	7,404	7,410	8,327	-3.2%
Capital lease obligations	264	204	190	172	114	+23.5%
Total debt	6,152	6,088	6,820	6,063	6,774	-2.4%
Total liabilities	11,602	11,375	12,065	11,153	11,198	+0.9%
Stockholders' equity
Common stock	1	0	0	0	0	+74.2%
Retained earnings	3,684	2,179	1,137	848	367	+78.0%
Additional paid-in capital	2,700	2,512	2,280	2,108	1,062	+26.3%
Accumulated other comprehensive income (loss)	(34)	1	(49)	(36)	(27)	—
Total stockholders' equity	6,350	4,692	3,368	2,920	1,401	+45.9%
Total equity	6,350	4,692	3,368	2,920	1,399	+46.0%
Minority interest	0	0	0	0	(2)	—
Total liabilities & equity	17,952	16,068	15,434	14,072	12,597	+9.3%
Additional fields
Accrued Expenses	109	110	129	105	40	+28.7%
Net Debt	4,502	4,009	4,843	4,135	5,189	-3.5%
Total Investments	3,253	2,416	2,527	1,315	1,123	+30.5%

KLA Corporation

KLACNASDAQ

$147.47

Last price · USD

Market cap: $194.6B
P/E: 40.3x
EV / EBITDA: 32.9x
P/S: 14.3x
FCF yield: 1.9%
Div. yield: 0.54%

Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.

KLA Corporation balance sheet

Annual · USD millions except per-share data · 47 lines

Fiscal year	2026latest	2025	2024	2023	2022	CAGR
Current assets
Cash & cash equivalents	1,650	2,079	1,977	1,928	1,585	+1.0%
Short-term investments	3,253	2,416	2,527	1,315	1,123	+30.5%
Cash & short-term investments	4,902	4,495	4,504	3,243	2,708	+16.0%
Net receivables	3,190	2,434	2,005	1,935	2,016	+12.2%
Accounts receivable	2,889	2,264	1,833	1,753	1,812	+12.4%
Other receivables	301	170	172	182	204	+10.1%
Inventory	3,649	3,212	3,035	2,877	2,147	+14.2%
Prepaids	225	201	125	121	109	+19.8%
Other current assets	416	357	363	195	189	+21.9%
Total current assets	12,382	10,699	10,031	8,372	7,169	+14.6%
Non-current assets
Property, plant & equipment (net)	1,381	1,253	1,342	1,241	976	+9.0%
Goodwill	1,789	1,792	2,016	2,279	2,320	-6.3%
Intangible assets	256	445	669	935	1,194	-32.0%
Goodwill & intangible assets	2,045	2,237	2,684	3,214	3,514	-12.7%
Tax assets	1,037	1,106	915	817	579	+15.7%
Other non-current assets	1,107	774	461	429	358	+32.6%
Total non-current assets	5,570	5,369	5,402	5,700	5,428	+0.6%
Total assets	17,952	16,068	15,434	14,072	12,597	+9.3%
Current liabilities
Accounts payable	624	459	359	371	443	+8.9%
Other payables	84	167	147	383	127	-9.8%
Total payables	708	626	506	754	570	+5.5%
Short-term debt	0	0	750	0	0	—
Capital lease obligations (current)	53	45	36	34	32	+13.2%
Tax payables	0	0	147	383	127	—
Deferred revenue	1,967	2,001	2,134	1,837	1,277	+11.4%
Other current liabilities	1,468	1,304	1,106	1,012	952	+11.4%
Total current liabilities	4,305	4,086	4,661	3,743	2,871	+10.7%
Non-current liabilities
Long-term debt	5,887	5,884	5,880	5,891	6,661	-3.0%
Capital lease obligations (non-current)	211	159	153	138	81	+27.0%
Deferred revenue (non-current)	238	349	394	334	330	-7.8%
Deferred tax liabilities (non-current)	474	447	487	529	659	-7.9%
Other non-current liabilities	486	451	490	518	596	-5.0%
Total non-current liabilities	7,297	7,290	7,404	7,410	8,327	-3.2%
Capital lease obligations	264	204	190	172	114	+23.5%
Total debt	6,152	6,088	6,820	6,063	6,774	-2.4%
Total liabilities	11,602	11,375	12,065	11,153	11,198	+0.9%
Stockholders' equity
Common stock	1	0	0	0	0	+74.2%
Retained earnings	3,684	2,179	1,137	848	367	+78.0%
Additional paid-in capital	2,700	2,512	2,280	2,108	1,062	+26.3%
Accumulated other comprehensive income (loss)	(34)	1	(49)	(36)	(27)	—
Total stockholders' equity	6,350	4,692	3,368	2,920	1,401	+45.9%
Total equity	6,350	4,692	3,368	2,920	1,399	+46.0%
Minority interest	0	0	0	0	(2)	—
Total liabilities & equity	17,952	16,068	15,434	14,072	12,597	+9.3%
Additional fields
Accrued Expenses	109	110	129	105	40	+28.7%
Net Debt	4,502	4,009	4,843	4,135	5,189	-3.5%
Total Investments	3,253	2,416	2,527	1,315	1,123	+30.5%