KLA Corporation (KLAC) is a Technology stock trading at $172.27 (as of 2026-09-02), with a market capitalization of $225.08B and a trailing P/E of 46.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
KLA Corporation designs, manufactures, and markets process control, process-enabling, and yield management solutions for semiconductor and related electronics manufacturers. It operates through four segments (including Semiconductor Process Control and Specialty Semiconductor Process) and provides inspection, metrology, in situ process management, associated software, and refurbished products for IC manufacturing.
KLA makes the inspection, metrology, and defect-detection tools that semiconductor fabs use to catch process errors, monetizing by selling that equipment plus recurring services to chipmakers and packaging houses. Over 90% of revenue is semiconductor process control, so the business grows every time a new node or 3D-stacking architecture adds inspection steps, not only when wafer volume rises.
Every additional process step a chip needs (smaller nodes, 3D stacking, advanced packaging) adds another layer of KLA inspection and metrology, so revenue scales with industry complexity rather than just wafer count.
| Semiconductor Process Control | $3.1B |
| Specialty Semi Process | $0.2B |
| PCB, Display & Comp. Insp. | $0.1B |
Business quality (Exceptional): 61% gross margin and 42% operating margin with an 'Exceptional' quality grade, backed by a diversified customer base across every major foundry, IDM, and packaging house.
Valuation: At 52× earnings, KLAC trades in line with the Measuring & Control Equipment average (51×).
| Price | $172.27 |
| Market Cap | $225.08B |
| P/E Ratio | 46.6 |
| EV / EBITDA | 38.2 |
| Price / Book | 35.45 |
| Price / Sales | 16.57 |
| FCF Yield | 1.7% |
| DCF Value (model) | $43.84 |
| DCF Upside vs Price | -74.6% |
| Revenue (TTM) | $13.58B |
| Net Margin | 35.6% |
| Revenue Growth (YoY) | 15.2% |
| EPS Growth (YoY) | -88.6% |
| FCF Growth (YoY) | -23.2% |
| Altman Z-Score | 14.16 (safe) |
| Piotroski F-Score | 6/9 (moderate) |
| Stock P/E | 46.6 |
| Sector P/E (Technology) | 31.8 |
| Industry P/E (Measuring & Control Equipment) | 50.5 |
| vs Sector | 46.3% |
| vs Industry | -7.8% |
| Top Institutional Holder | BlackRock, Inc. ($18.55B) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 10 |
| Sector | Technology |
| Industry | Measuring & Control Equipment |
| CEO | Richard Wallace |
| Employees | 15,000 |
| Country | US |
| IPO Date | 1980-10-08 |
Data as of 2026-09-02.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.