Market Summary
USD461.19+26.94
Market Closed6.20%
KLAC Alerts
KLAC Stock Price
KLAC RSI Chart
KLAC Valuation
KLAC Price/Sales (Trailing)
KLAC Profitability
KLAC Fundamentals
KLAC Revenue
KLAC Earnings
Price Action
52 Week Range
249.34465.00
(Low)(High)
Last 7 days
8.9%
Last 30 days
29.1%
Last 90 days
21.4%
Trailing 12 Months
31.5%
KLAC Financial Health
KLAC Investor Care
Peers (Alternatives to KLA-Tencor)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
NVDA | 960.4B | 27.0B | 44.48% | 118.34% | 219.87 | 35.6 | 0.22% | -55.21% |
INTC | 120.5B | 56.4B | -0.17% | -30.89% | -42.17 | 2.14 | -27.40% | -111.60% |
LRCX | 84.6B | 18.9B | 26.31% | 23.79% | 17.21 | 4.49 | 12.67% | 8.29% |
KLAC | 63.6B | 10.6B | 29.05% | 31.45% | 18.12 | 5.98 | 22.85% | 11.39% |
FSLR | 21.6B | 2.8B | 1.13% | 196.37% | 517.51 | 7.7 | 12.61% | -80.70% |
TER | 16.2B | 3.2B | 11.12% | -0.93% | 22.58 | 5.12 | -14.79% | -29.48% |
| MID-CAP | ||||||||
MKSI | 6.6B | 3.5B | 23.42% | -16.32% | 19.9 | 1.87 | 20.25% | -39.61% |
ONTO | 5.3B | 963.0M | 38.43% | 40.30% | 26.71 | 5.52 | 11.85% | 16.03% |
ACLS | 5.3B | 970.4M | 36.40% | 168.45% | 28.77 | 5.43 | 32.35% | 85.58% |
| SMALL-CAP | ||||||||
COHU | 1.9B | 794.4M | 16.30% | 30.48% | 20.88 | 2.39 | -7.57% | -43.60% |
AEHR | 927.8M | 63.0M | 37.07% | 320.00% | 65.15 | 14.73 | 64.97% | 237.20% |
CYBE | 400.4M | - | 0.37% | 23.85% | 24.74 | 3.94 | - | - |
INTT | 235.1M | 124.7M | 6.20% | 193.44% | 21.97 | 1.89 | 39.46% | 49.71% |
Financials for KLA-Tencor
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 1.4% | 10,628 | 10,484 | 9,852 | 9,212 | 8,651 |
| Cost Of Revenue | 2.7% | 4,234 | 4,121 | 3,820 | 3,592 | 3,386 |
| S&GA Expenses | 2.3% | 972 | 950 | 921 | 860 | 815 |
| R&D Expenses | 3.5% | 1,276 | 1,233 | 1,166 | 1,105 | 1,050 |
| EBITDA | 6.2% | 4,640 | 4,370 | 4,013 | 3,752 | - |
| EBITDA Margin | -0.2% | 0.44* | 0.44* | 0.44* | 0.43* | - |
| Earnings Before Taxes | -1.1% | 3,963 | 4,009 | 3,793 | 3,489 | 3,248 |
| EBT Margin | -0.7% | 0.38* | 0.38* | 0.38* | 0.38* | - |
| Interest Expenses | 14.9% | 268 | 233 | 196 | 160 | 156 |
| Net Income | -0.9% | 3,508 | 3,541 | 3,279 | 3,322 | 3,149 |
| Net Income Margin | 1.5% | 0.34* | 0.33* | 0.36* | 0.36* | - |
| Free Cahsflow | -4.8% | 2,986 | 3,138 | 3,005 | 2,670 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | -0.3% | 13,684 | 13,729 | 13,124 | 12,597 | 12,018 |
| Current Assets | -1.4% | 8,019 | 8,133 | 7,644 | 7,169 | 6,583 |
| Cash Equivalents | -0.2% | 1,569 | 1,571 | 1,819 | 1,585 | 1,415 |
| Inventory | 8.5% | 2,750 | 2,535 | 2,408 | 2,147 | 1,982 |
| Net PPE | 2.0% | 984 | 965 | 913 | 850 | 809 |
| Goodwill | 0.0% | 2,279 | 2,279 | 2,279 | 2,320 | 2,314 |
| Liabilities | -1.1% | 11,001 | 11,126 | 11,022 | 11,198 | 7,939 |
| Current Liabilities | -1.8% | 3,419 | 3,483 | 3,139 | 2,871 | 2,829 |
| . Short Term Borrowings | NaN% | - | - | - | - | - |
| Long Term Debt | -3.7% | 5,890 | 6,114 | 6,313 | 6,661 | 3,700 |
| Shareholder's Equity | 3.1% | 2,683 | 2,603 | 2,102 | 1,401 | 4,079 |
| Retained Earnings | 7.7% | 721 | 670 | 1,119 | 367 | 1,973 |
| Additional Paid-In Capital | - | 1,062 | - | - | - | - |
| Accumulated Depreciation | 3.3% | 1,074 | 1,040 | 891 | 905 | 871 |
| Shares Outstanding | -2.4% | 138 | 141 | 142 | 142 | 150 |
| Minority Interest | NaN% | - | - | - | -2.26 | -1.68 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | 5.8% | 3,530 | 3,338 | 3,460 | 3,313 | 2,959 |
| Share Based Compensation | 7.5% | 158 | 147 | 137 | 127 | 118 |
| Cashflow From Investing | 51.3% | -433 | -889 | -754 | -876 | -944 |
| Cashflow From Financing | -16.6% | -2,922 | -2,506 | -2,353 | -2,257 | -2,046 |
| Dividend Payments | 3.2% | 711 | 689 | 664 | 639 | 620 |
| Buy Backs | -2.4% | 3,497 | 3,583 | 3,658 | 3,968 | 1,694 |
Risks for KLAC
What is the probability of a big loss on KLAC?
62.3%
Probability that KLA-Tencor stock will be more than 20% underwater in next one year
36.5%
Probability that KLA-Tencor stock will be more than 30% underwater in next one year.
5%
Probability that KLA-Tencor stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does KLAC drawdown profile look like?
Y-axis is the maximum loss one would have experienced if KLA-Tencor was unfortunately bought at previous high price.
Drawdowns
Returns for KLAC
Cumulative Returns on KLAC
29.1%
10-Year Cumulative Returns
32.6%
7-Year Cumulative Returns
34.3%
5-Year Cumulative Returns
39.2%
3-Year Cumulative Returns
What are the long-term rolling returns for KLAC?
FIve years rolling returns for KLA-Tencor.
Annualized Returns
Which funds bought or sold KLAC recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-26 | ProShare Advisors LLC | added | 7.72 | 7,889,100 | 64,042,400 | 0.20% |
2023-05-26 | CYPRESS ASSET MANAGEMENT INC/TX | reduced | -0.56 | 35,816 | 713,716 | 0.25% |
2023-05-25 | Empower Advisory Group, LLC | new | - | 612,849 | 612,849 | -% |
2023-05-25 | Brandywine Global Investment Management, LLC | added | 167 | 95,141,200 | 147,188,000 | 0.59% |
2023-05-25 | Legato Capital Management LLC | unchanged | - | 212,766 | 3,836,020 | 0.70% |
2023-05-24 | Old North State Trust, LLC | unchanged | - | 7,000 | 130,000 | 0.09% |
2023-05-23 | Brookfield Corp /ON/ | new | - | 249,880 | 249,880 | -% |
2023-05-23 | Toroso Investments, LLC | added | 177 | 3,416,000 | 5,178,000 | 0.09% |
2023-05-22 | FDx Advisors, Inc. | unchanged | - | - | 3,685,000 | 0.16% |
2023-05-22 | Raleigh Capital Management Inc. | new | - | 4,790 | 4,790 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
KLAC Alerts
KLA-Tencor News
Schedule 13G FIlings of KLA-Tencor
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 13, 2023 | capital international investors | 4.6% | 6,485,291 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.35% | 13,243,687 | SC 13G/A | |
| Jan 30, 2023 | blackrock inc. | 7.8% | 11,080,837 | SC 13G | |
| Feb 11, 2022 | capital international investors | 5.2% | 7,934,340 | SC 13G/A | |
| Feb 10, 2022 | vanguard group inc | 8.91% | 13,509,990 | SC 13G/A | |
| Feb 10, 2022 | primecap management co/ca/ | 4.99% | 7,518,824 | SC 13G/A | |
| Feb 08, 2022 | primecap management co/ca/ | 5.12% | 7,764,174 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 7.5% | 11,324,684 | SC 13G/A | |
| Feb 16, 2021 | capital international investors | 5.8% | 8,922,502 | SC 13G | |
| Feb 12, 2021 | primecap management co/ca/ | 6.06% | 9,364,319 | SC 13G/A |
KLAC Fair Value
KLA-Tencor fair value in different scenarios
The table shows the Fair Value estimates for KLA-Tencor for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 573.97 24.45% | 744.02 61.33% | 1071.49 132.33% | 1553.83 236.92% | 1964.32 325.92% |
| Current Inflation | 522.29 13.25% | 667.21 44.67% | 942.42 104.35% | 1347.06 192.08% | 1690.38 266.53% |
| Very High Inflation | 458.81 -0.52% | 574.67 24.61% | 790.57 71.42% | 1107.81 140.21% | 1375.96 198.35% |
Historical KLA-Tencor Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of KLA-Tencor
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 23, 2023 | SD | SD | |
| May 19, 2023 | 4 | Insider Trading | |
| May 18, 2023 | 144 | Notice of Insider Sale Intent | |
| May 18, 2023 | 4 | Insider Trading | |
| May 16, 2023 | 144 | Notice of Insider Sale Intent | |
| May 09, 2023 | 4 | Insider Trading | |
| May 05, 2023 | 144 | Notice of Insider Sale Intent | |
| May 05, 2023 | 4 | Insider Trading | |
| May 05, 2023 | 8-K | Current Report | |
| May 04, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for KLAC
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-18 | Lorig Brian | sold | -733,975 | 425 | -1,727 | executive vice president |
2023-05-16 | Khan Ahmad A. | sold | -775,575 | 405 | -1,915 | president, semi proc. control |
2023-05-05 | WALLACE RICHARD P | sold | -1,759,570 | 384 | -4,582 | president and ceo |
2023-05-03 | WALLACE RICHARD P | sold | -4,938,210 | 382 | -12,919 | president and ceo |
2023-05-02 | WALLACE RICHARD P | sold | -6,675,480 | 381 | -17,499 | president and ceo |
2023-04-11 | WALLACE RICHARD P | sold (taxes) | -7,764,920 | 377 | -20,547 | president and ceo |
2023-04-03 | Lorig Brian | sold | -691,200 | 400 | -1,728 | executive vice president |
2023-03-31 | Donzella Oreste | sold | -1,528,460 | 393 | -3,882 | executive vice president |
2023-03-22 | Higgins Bren D. | sold | -2,663,240 | 382 | -6,964 | evp & chief financial officer |
2023-03-21 | Khan Ahmad A. | sold | -756,425 | 395 | -1,915 | president, semi proc. control |
KLA Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide. The company offers chip and wafer manufacturing products, including defect inspection and review systems, metrology solutions, in situ process monitoring products, computational lithography software, and data analytics systems for chip manufacturers to manage yield throughout the semiconductor fabrication process. It also provides reticle manufacturing products, such as reticle inspection, metrology, and data analytics systems for mask shops; and packaging manufacturing products comprising wafer inspection and metrology, die sorting and inspection, IC component inspection and metrology, data analytics, wafer processing systems, and IC substrate production processes. In addition, the company offers compound semiconductor, power device, light emitting diode, and microelectromechanical system manufacturing products; data storage media/head manufacturing products; general purpose/lab applications; and previous-generation KLA systems. Further, it provides wafer processing solutions; printed circuit boards, and display and inspection components; and other services. 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.
KLAC Income Statement
2023-03-31Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | Mar. 31, 2023 | Mar. 31, 2022 | |
| Revenues: | ||||
| Revenues | $ 2,432,608 | $ 2,288,676 | $ 8,140,919 | $ 6,725,144 |
| Costs and expenses: | ||||
| Costs of revenues | 1,005,346 | 892,091 | 3,255,358 | 2,613,877 |
| Research and development | 328,276 | 285,189 | 979,617 | 808,373 |
| Selling, general and administrative | 238,393 | 216,489 | 735,469 | 623,229 |
| Interest expense | 74,774 | 39,978 | 223,449 | 116,142 |
| Loss on extinguishment of debt | 0 | 0 | 13,286 | 0 |
| Other expense (income), net | (14,864) | 8,644 | (79,944) | 23,985 |
| Income before income taxes | 800,683 | 846,285 | 3,013,684 | 2,539,538 |
| Provision for income taxes | 102,846 | 115,625 | 310,987 | 22,876 |
| Net income | 697,837 | 730,660 | 2,702,697 | 2,516,662 |
| Less: Net income attributable to non-controlling interest | 0 | 88 | 74 | 229 |
| Net income attributable to KLA | $ 697,837 | $ 730,572 | $ 2,702,623 | $ 2,516,433 |
| Net income per share attributable to KLA | ||||
| Basic (in dollars per share) | $ 5.06 | $ 4.87 | $ 19.26 | $ 16.64 |
| Diluted (in dollars per share) | $ 5.03 | $ 4.83 | $ 19.16 | $ 16.52 |
| Weighted-average number of shares: | ||||
| Basic (in shares) | 137,865 | 150,145 | 140,349 | 151,250 |
| Diluted (in shares) | 138,645 | 151,186 | 141,073 | 152,346 |
| Product | ||||
| Revenues: | ||||
| Revenues | $ 1,903,484 | $ 1,800,659 | $ 6,562,501 | $ 5,326,316 |
| Service | ||||
| Revenues: | ||||
| Revenues | $ 529,124 | $ 488,017 | $ 1,578,418 | $ 1,398,828 |
KLAC Balance Sheet
2023-03-31Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands | Mar. 31, 2023 | Jun. 30, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 1,568,513 | $ 1,584,908 |
| Marketable securities | 1,321,696 | 1,123,100 |
| Accounts receivable, net | 1,940,067 | 1,811,877 |
| Inventories | 2,749,743 | 2,146,889 |
| Other current assets | 438,731 | 502,137 |
| Total current assets | 8,018,750 | 7,168,911 |
| Land, property and equipment, net | 984,271 | 849,929 |
| Goodwill | 2,278,817 | 2,320,049 |
| Deferred income taxes | 783,843 | 579,173 |
| Purchased intangible assets, net | 999,958 | 1,194,414 |
| Other non-current assets | 617,910 | 484,612 |
| Total assets | 13,683,549 | 12,597,088 |
| Current liabilities: | ||
| Accounts payable | 410,885 | 443,338 |
| Deferred system revenue | 533,791 | 500,969 |
| Deferred service revenue | 364,394 | 381,737 |
| Other current liabilities | 2,109,451 | 1,545,039 |
| Total current liabilities | 3,418,521 | 2,871,083 |
| Long-term debt | 5,889,740 | 6,660,718 |
| Deferred tax liabilities | 514,269 | 658,937 |
| Deferred service revenue | 176,260 | 124,618 |
| Other non-current liabilities | 1,001,978 | 882,642 |
| Total liabilities | 11,000,768 | 11,197,998 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Common stock and capital in excess of par value | 1,996,773 | 1,061,940 |
| Retained earnings | 721,299 | 366,882 |
| Accumulated other comprehensive loss | (35,291) | (27,471) |
| Total KLA stockholders’ equity | 2,682,781 | 1,401,351 |
| Non-controlling interest in consolidated subsidiaries | 0 | (2,261) |
| Total stockholders’ equity | 2,682,781 | 1,399,090 |
| Total liabilities and stockholders’ equity | $ 13,683,549 | $ 12,597,088 |