KLA Corporation (KLAC) Stock

About KLA Corporation

KLA Corporation specializes in creating, manufacturing, and distributing advanced solutions vital for process control, process optimization, and yield enhancement throughout the global semiconductor and broader electronics industries. The company organizes its business into four main segments: Semiconductor Process Control, Specialty Semiconductor Process, PCB, Display and Component Inspection, and an 'Other' category. For integrated circuit (IC) fabrication, KLA offers a comprehensive range of products. These include systems for wafer inspection, review, and metrology; defect inspection and metrology for both wafers/substrates and reticles; chemical and materials quality analysis tools; and real-time process management and wafer handling diagnostics essential for IC and original equipment manufacturer (OEM) production. Furthermore, the company develops software for live process control, defect excursion identification, process corrections, and defect classification. KLA also supplies refurbished and remanufactured equipment. Beyond IC manufacturing, KLA supports specialty semiconductor production. This includes benchtop metrology, surface characterization, and electrical property measurement services suitable for general-purpose and laboratory use. They also provide technologies and solutions for etching, plasma dicing, deposition, and various other wafer processing tasks within the semiconductor and microelectronics sectors. Within the printed circuit board (PCB) market, KLA delivers solutions such as direct imaging, inspection, optical shaping, additive printing, and computer-aided manufacturing and engineering. For the display industry, their offerings encompass inspection and electrical testing systems to pinpoint and categorize defects, as well as equipment for defect repair. KLA also supplies inspection and metrology systems designed to improve quality control and yield in both advanced and conventional semiconductor packaging markets. Established in 1975, the company was initially known as KLA-Tencor Corporation before rebranding as KLA Corporation in July 2019. Its corporate headquarters are situated in Milpitas, California.

KLA Corporation is led by CEO Richard Wallace, employs 15,000 people, headquartered in Milpitas, US, publicly traded since 1980.

KLA Corporation (KLAC) stock trades at $170.19 with a market capitalization of $222.32B. The stock is valued at a price-to-earnings (P/E) ratio of 53.00, price-to-book of 44.85, price-to-sales of 23.67. Over the past 52 weeks the stock has ranged between $170.19 and $1806.75, and currently trades 90.6% below its 52-week high. It pays a dividend yielding 0.34%.

On profitability, KLA Corporation generates a return on equity (ROE) of 94.98% — well above the market average, a sign of a high-quality business, return on capital employed of 111.68%, an operating margin of 43.11%, a net profit margin of 35.66%.

In its most recent fiscal year, KLA Corporation reported annual revenue of $12.2B, net profit of $4.1B, revenue has compounded at 15.9% a year over the last five years, profit at 27.3% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 1.05, a current ratio of 2.62, total assets of $16.1B, $2.1B in cash and equivalents.

KLAC has an average daily trading volume of 12,871,172 shares, a beta of 1.50 (more volatile than the overall market).

Official website: www.kla.com