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 cash flow statement
Annual · USD millions except per-share data · 36 lines
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 | CAGR | |
|---|---|---|---|---|---|---|---|
| Operating activities | |||||||
| Net income | 4,831 | 4,062 | 2,762 | 3,387 | 3,322 | +9.8% | |
| Depreciation & amortization | 394 | 394 | 402 | 415 | 363 | +2.0% | |
| Deferred income tax | 78 | (247) | (155) | (298) | (330) | — | |
| Stock-based compensation | 310 | 265 | 213 | 171 | 127 | +25.0% | |
| Change in working capital | (935) | (646) | (201) | 10 | (305) | — | |
| Accounts receivables | (642) | (368) | (81) | (49) | (510) | — | |
| Inventory | (466) | (155) | (164) | (749) | (567) | — | |
| Accounts payables | 172 | 34 | 25 | (145) | 102 | +14.1% | |
| Other working capital | 0 | (157) | 19 | 952 | 670 | — | |
| Other non-cash items | (534) | 254 | 289 | (16) | 135 | — | |
| Net cash from operating activities | 4,143 | 4,082 | 3,309 | 3,670 | 3,313 | +5.8% | |
| Operating cash flow | 4,143 | 4,082 | 3,309 | 3,670 | 3,313 | +5.8% | |
| Investing activities | |||||||
| Investments in PP&E | (376) | (340) | (277) | (342) | (307) | — | |
| Capital expenditure | (376) | (340) | (277) | (342) | (307) | — | |
| Acquisitions, net | 0 | 0 | (4) | 44 | (479) | — | |
| Purchases of investments | (3,711) | (2,891) | (2,891) | (1,539) | (1,109) | — | |
| Sales / maturities of investments | 3,143 | 3,022 | 1,690 | 1,349 | 991 | +33.4% | |
| Other investing activities | (246) | 6 | 5 | 0 | 28 | — | |
| Net cash from investing activities | (1,190) | (202) | (1,477) | (487) | (876) | — | |
| Financing activities | |||||||
| Net debt issuance | 0 | (750) | 735 | (794) | 3,222 | — | |
| Long-term net debt issuance | 0 | (750) | 735 | (794) | 3,222 | — | |
| Net stock issuance | (2,121) | (1,998) | (1,591) | (1,187) | (4,755) | — | |
| Common stock issuance | 169 | 152 | 145 | 125 | 113 | +10.5% | |
| Common stock repurchased | (2,290) | (2,150) | (1,736) | (1,312) | (4,868) | — | |
| Net common stock issuance | (2,121) | (1,998) | (1,591) | (1,187) | (4,755) | — | |
| Common dividends paid | (1,058) | (905) | (773) | (733) | (639) | — | |
| Net dividends paid | (1,058) | (905) | (773) | (733) | (639) | — | |
| Other financing activities | (207) | (133) | (147) | (113) | (86) | — | |
| Net cash from financing activities | (3,386) | (3,786) | (1,776) | (2,826) | (2,257) | — | |
| Cash summary | |||||||
| Effect of forex changes on cash | 4 | 8 | (6) | (14) | (29) | — | |
| Net change in cash | (429) | 102 | 49 | 343 | 150 | — | |
| Cash at beginning of period | 2,079 | 1,977 | 1,928 | 1,585 | 1,435 | +9.7% | |
| Cash at end of period | 1,650 | 2,079 | 1,977 | 1,928 | 1,585 | +1.0% | |
| Free cash flow | 3,767 | 3,742 | 3,031 | 3,328 | 3,005 | +5.8% | |
| Income taxes paid | 0 | 887 | 831 | 495 | 465 | — | |
| Interest paid | 0 | 293 | 277 | 224 | 155 | — | |