KLA Corporation

KLAC Technology Semiconductor Equipment & Materials

KLA Corporation’s revenue for fiscal 2026 (year ended June 2026) was $13.6 billion, up 11.7% from fiscal 2025.

Revenue
+28.9%
EPS
+39.4%
Free cash flow
+25.4%
Total debt
−2.75%

Quarter to September 2026, against a year earlier

136.84 7.04 +5.42%
Market cap
$169.1B
P/E
32.7×
Fwd P/E
28.0×
Dividend yield
0.64%
F-score
8/9
Altman Z
23.09
Beneish M
−2.02
Dividend safety
84/100

KLA Corporation (KLAC) Free cash flow margin

Alert me on Free cash flow margin

KLA Corporation's free cash flow margin over the twelve months to 30 September 2026 was 27.8%, up 0.1 percentage points from fiscal 2026 (27.7%). Over the past ten years it has ranged from 19.9% (fiscal 2015) to 32.9% (fiscal 2022); the current reading is higher than 33% of that period. That is above the Semiconductor Equipment & Materials industry median of 6.73% and above the Technology sector median of 0.67%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2026 27.7% (3.04)
FY2025 30.8% (0.11)
FY2024 30.9% (1.54)
FY2023 32.4% (0.50)
FY2022 32.9% 4.43
FY2021 28.5% 0.49
FY2020 28.0% 5.64
FY2019 22.4% (6.42)
FY2018 28.8% (1.21)
FY2017 30.0% 5.37

Against its own ten years

Low 19.9% High 32.9%
Ten-year median 28.6%
Current reading's percentile 33

Free cash flow margin against peers

Company Free cash flow margin
ASML ASML Holding N.V. compare 52.3%
KLAC KLA Corporation 27.8%
LRCX Lam Research Corporation compare 25.0%
ONTO Onto Innovation Inc. compare 22.5%
TER Teradyne, Inc. compare 20.5%
NVMI Nova Ltd. compare 20.2%
AMAT Applied Materials, Inc. compare 18.3%
ENTG Entegris, Inc. compare 17.5%
Q Qnity Electronics, Inc. compare 14.3%
Semiconductor Equipment & Materials industry median 6.73%
Technology sector median 0.67%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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