KLA Corporation Share Price and Company Fundamentals
Last traded: Last Wednesday at 8:00 PM
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 packaging process control on wafer, automated optical inspection, data analytics, and packaging process control after singulation. 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; products for the deposition of thin film coating of materials on crystalline silicon photovoltaic wafers; and other services. The company offers its products and services for use by various bare wafer, integrated circuit, reticle, and hard disk drive manufacturers. The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was founded in 1975 and is headquartered in Milpitas, California.
Key Metrics
PE ratio
24.08
PB ratio
14.12
Dividend yield
1.18%
Beta
1.28
Market cap
$43.95B
Enterprise value
$48.3B
Company profile
| Industry / Sector | Semiconductor Equipment & Materials / Technology |
|---|---|
| Full time employees | 10600 |
| Website | http://www.kla.com |
| Mailing address | One Technology Drive Milpitas CA 95035 United States |
| Phone / Fax | 408 875 3000 / |
Dividends
Dividend yield
1.18%
Dividend amount
$3.55
Payout ratio
29.83%
5Y Avg. yield
2.19%
KLA Corporation paid $3.55 dividend and the ex-dividend date was 17 Feb 2021.The dividend payout ratio is 29.83%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.KLAC dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
KLAC's forward dividend amount is $3.6 and the forward dividend yield is 1.17%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of May 2021, following are the company executives and directors listed on KLA Corporation.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Richard P. Wallace | Pres, CEO & Exec. Director | 60 | 4.53M |
| Mr. Bren D. Higgins | Exec. VP & CFO | 50 | 1.77M |
| Mr. Ahmad A. Khan | Pres of Semiconductor Process Control | 46 | 1.8M |
| Mr. Brian W. Lorig | Exec. VP and GM of Global Support & Services | 46 | 953.34k |
| Mr. Oreste Donzella | Exec. VP - Electronics, Packaging & Components | 53 | 984.39k |
| Mr. Virendra A. Kirloskar | Sr. VP & Chief Accounting Officer | 57 | |
| Dr. Ben Bin-Ming Tsai | CTO & Exec. VP of Corp. Alliances | 61 | |
| Mr. Kevin M. Kessel C.F.A., CFA | VP of Investor Relations | ||
| Ms. MaryBeth Wilkinson | Exec. VP, Chief Legal Officer & Corp. Sec. | ||
| Becky Howland Ph.D. | Sr. Director of Corp. Communications |
Profitability and management effectiveness
Profit margin
28.77%
Operating margin
34.40%
Return on assets
14.77%
Return on equity
68.21%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of KLA Corporation is 43.95B and its enterprise value is 48.3B. The enterprise value to revenue ratio of KLAC is 7.49.
The KLAC's stocks Beta value is 1.28 making it 28% more volatile compared to NASDAQ market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
KLA Corporation (NASDAQ:KLAC) Frequently Asked Questions
1. What is KLA Corporation's Stock Symbol?
KLA Corporation trades on NASDAQ under the ticker symbol "KLAC".
2. What is KLA Corporation's stock price today?
One share of KLAC stock can currently be purchased for approximately $286.74.
3. How can I contact KLA Corporation?
KLA Corporation's mailing address is One Technology Drive Milpitas CA 95035 United States. The company can be reached via phone at 408 875 3000.
4. What is KLA Corporation's official website?
The official website of KLA Corporation is http://www.kla.com.