KLAC— KLA Corporation
NasdaqGSTechnology · Semiconductor Equipment & Materials
KLA Corporation (KLAC) stock trades at $212.75, down 3.02% on the day. With a market capitalization of $277.91 billion, KLAC is a mega-cap technology stock. It trades at a price-to-earnings (P/E) ratio of 62.0, a forward P/E of 41.5 and earnings per share (EPS) of $3.43. Over the most recent period the company reported 12% year-over-year revenue growth and a net profit margin of 35.7%. Below you'll find KLAC's full fundamentals, fair-value estimates, dividend history, earnings and our buy, hold or avoid verdict for 2026.
Price & Performance
Performance
Analysis & Verdict
KLA Corporation (KLAC) Stock Analysis 2026
Rule-based · Updated daily · Not financial advice
KLA Corporation (KLAC) operates in the Semiconductor Equipment & Materials space within the Technology sector. With a market cap of $277.9B, it qualifies as a large-cap company. The company is growing revenue strongly while maintaining healthy profitability — a combination that investors typically reward with a premium valuation.
- Forward P/E (41.5×) is lower than trailing P/E (62.0×) — analysts expect earnings to improve
- Revenue growth of 12% YoY shows solid business momentum
- Exceptional profit margin of 35.7% — the business retains a large share of each dollar earned
- ROE of 95.0% shows management efficiently converts equity into profit
- Current ratio of 3.0× — ample short-term liquidity
- High P/E of 62.0× implies high expectations already priced in — leaves little room for disappointment
- High debt-to-equity of 105.40× increases financial risk, especially with elevated interest rates
Verdict
Strong Buy
Multiple fundamental strengths with few red flags. Long-term buyers may find this compelling.
AI Insight
Powered by ClaudeAI-generated analysis for informational purposes only. Not financial advice.
Fair Value Estimates
Current price: $212.75
Graham Number
√(22.5 × EPS × Book Value)
$18.55
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
$9.13
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
9/10
90% score
Pays dividends
15Y hist.15+ years of dividend history
Dividend consistency (5Y+)
15 yrsUninterrupted dividend payments for at least 5 years
ROE above 10%
95.0%Return on equity — measures how efficiently capital is used
Positive profit margin
35.7%Net profit margin must be positive — company earns more than it spends
Revenue growth (annual)
+11.5%Annual revenue must be growing compared to the prior year
Earnings growth (annual)
+11.8%Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
105.40×Low financial leverage reduces risk of distress
Current ratio above 1
3.03×Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$2.7B/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
0.43%Stock must distribute income to shareholders
Financials
Revenue & Results
Key Statistics
Earnings
Next Earnings
Jul 28, 2026
10
days
EPS (TTM)
$3.43
P/E (TTM)
62.0
Fwd P/E
41.5
SEC Filings & Reported Financials
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Insider Transactions
SEC Form 4 · officers, directors & 10% owners
Dividends & Income
Dividends
Current DY
0.43%
5Y Avg Annual
$0.5540
Last Payment
$0.2300
Ex-Date
05/18/2026
Annual dividends paid per share
| Ex-Date | Payment | Amount | Est. DY |
|---|---|---|---|
Latest05/18/2026 | 06/02/2026 | $0.2300 | 0.43% |
02/17/2026 | 03/04/2026 | $0.1900 | 0.36% |
11/17/2025 | 12/02/2025 | $0.1900 | 0.36% |
08/18/2025 | 09/02/2025 | $0.1900 | 0.36% |
05/19/2025 | 06/03/2025 | $0.1900 | 0.36% |
02/24/2025 | 03/11/2025 | $0.1700 | 0.32% |
11/18/2024 | 12/03/2024 | $0.1700 | 0.32% |
08/15/2024 | 08/30/2024 | $0.1450 | 0.27% |
Magic Number
Shares needed to self-fund your next purchase
$212.75
Price
$0.2300
Last div. (quarterly)
925
shares
Own 925 KLAC shares ($196,793.75) and each quarterly dividend pays for 1 new share — the snowball runs on its own.
Investment target
$196,793.75
New shares / year
+4 shares
Tools & Simulators
If You Had Invested…
Hypothetical return based on historical prices
* Dividend reinvestment calculated at ex-date price. For informational purposes only.
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About KLA Corporation
KLA Corporation, together with its subsidiaries, designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. The company operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB and Component Inspection. It offers inspection and review tools to identify, locate, characterize, review, and analyze defects on various surfaces of patterned and unpatterned wafers; metrology systems to measure pattern dimensions, film thickness, film stress, layer-to-layer alignment, pattern placement, surface topography, and electro-optical properties for wafers; chemical process control equipment; wired and wireless sensor wafers and reticles; wafer defect inspection, review, and metrology systems; reticle inspection and metrology systems; wafer inspection and metrology systems; and semiconductor software solutions that provide run-time process control, defect excursion identification, process corrections, and defect classification to accelerate yield learning rates and reduce production risk. The company also provides etch, plasma dicing, deposition, and other wafer processing technologies and solutions for the semiconductor and microelectronics industry. In addition, it offers direct imaging, inspection, optical shaping, inkjet and additive printing, and computer-aided manufacturing and engineering solutions for the PCB market and inspection and metrology systems for quality control and yield improvement in advanced and traditional semiconductor packaging markets. The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was incorporated in 1975 and is headquartered in Milpitas, California.
Sector
Technology
Industry
Semiconductor Equipment & Materials
Location
Milpitas, United States
Employees
15,000
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KLAC — Frequently Asked Questions
Is KLA Corporation (KLAC) a good stock to buy in 2026?
KLA Corporation (KLAC) shows strengths such as revenue growth of 12%, a strong 36% net margin and a 95% return on equity, while risks include a rich P/E of 62× and high leverage (debt/equity of 105.4). Whether KLAC is a good buy in 2026 depends on your time horizon and risk tolerance — review the full bull case, bear case and fair-value estimates above. This is informational analysis, not financial advice.
What is KLAC's stock price today?
KLA Corporation (KLAC) trades at $212.75, down 3.02% on the session. Prices on this page update throughout the trading day.
Does KLAC pay a dividend?
Yes. KLA Corporation pays an annual dividend of $0.92 per share, a dividend yield of 0.43%. The most recent ex-dividend date was May 18, 2026. Its payout ratio is about 22% of earnings.
Is KLAC overvalued?
With a P/E ratio of 62.0×, KLAC trades at a premium valuation for the technology sector. Its PEG ratio is 2.27. See the Fair Value Estimates section above for Graham Number and dividend-based price targets.
What is KLAC's market cap?
KLA Corporation (KLAC) has a market capitalization of $277.91 billion, classifying it as a mega-cap stock in the Technology sector.
Disclaimer: This page — including any buy/hold/avoid view, fair value or price estimate — is generated from market data for informational and educational purposes only and does not constitute financial, investment or trading advice. Data may be delayed or inaccurate. Always do your own research and consult a licensed financial advisor before making any investment decision.