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KLACKLA Corporation
$248.64$324.8B
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HomeStocksKLACBalance Sheet

KLA Corporation (KLAC) Balance Sheet

30Y historyFree accessUpdated daily

The company has significantly strengthened its financial position, reducing its debt-to-equity ratio from 2.20 in 2024Q3 to 1.05 by 2026Q3 while growing retained earnings to $3.2 billion.

KLAC Balance Sheet

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly
MetricTTMJun'25Jun'24Jun'23Jun'22Jun'21Jun'20Jun'19Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12Jun'11Jun'10Jun'09Jun'08Jun'07Jun'06Jun'05Jun'04Jun'03Jun'02Jun'01Jun'00Jun'99Jun'98Jun'97Jun'96
Total Current Assets11.35B10.7B10.03B8.37B7.17B5.7B4.72B4.32B4.55B4.39B3.87B3.9B4.59B4.35B4.16B3.68B2.84B2.4B3.04B3.25B3.54B3.2B2.19B1.81B1.62B1.9B1.55B942.3M956.4M860M493.6M
Cash & Short-Term Investments4.96B4.49B4.5B3.24B2.71B2.49B1.98B1.74B2.88B3.02B2.49B2.39B3.15B2.92B2.53B2.04B1.53B1.33B1.54B1.71B2.33B2.2B1.13B956.96M673.35M697.1M598.14M331.1M308.3M279.2M109.4M
Cash Only1.79B2.08B1.98B1.93B1.58B1.43B1.23B1.02B1.4B1.15B1.11B838.02M630.86M985.39M751.29M711.33M529.92M524.97M1.13B722.51M1.13B663.16M598.7M606.9M429.82M529.67M478.21M271.5M216M279.2M109.4M
Short-Term Investments3.17B2.42B2.53B1.32B1.12B1.06B746.06M723.39M1.48B1.86B1.38B1.55B2.52B1.93B1.78B1.33B1B804.92M409.13M988.12M1.2B1.32B330.48M350.06M243.53M167.42M119.93M59.6M92.3M00
Accounts Receivable2.47B2.43B2B1.94B2.02B1.47B1.26B1.08B651.68M571.12M631.42M618.34M520.32M550.43M724.22M643.04M488.06M210.14M492.49M581.5M439.9M333.22M372.77M223.53M277.01M402.01M481.95M280.1M304.1M269.3M203.5M
Days Sales Outstanding66.4373.0774.5767.379.8977.3179.4686.6158.9259.977.2280.264.8370.6783.3473.9297.8450.4571.2877.7177.5458.3390.9161.6761.7569.75117.37121.2595.1795.27106.89
Inventory3.44B3.21B3.03B2.88B2.15B1.58B1.31B1.26B931.85M732.99M698.63M617.9M656.46M634.45M650.8M575.73M401.73M370.21M459.45M535.37M449.16M358.34M337.41M258.8M323.02M394.41M282.49M195.7M234.6M174.6M132.4M
Days Inventory Outstanding239.08246.73281.99248.92218.13207.42195.34246.51234.99207.79219.19185.59194.33187.14178.6166.88179.77156.25146.41164.17174.02151.67183.81140.67144.77153.61152.12159.76154.31135.05160.93
Other Current Assets313.1M357.26M362.7M195.49M188.74M84.32M93.03M88.79M14.62M13M9.55M244.21M221.94M215.74M201.1M356.9M372.51M488.38M546.59M425.27M328.39M313.65M348.16M367.08M345.92M403.43M189.17M135.4M109.4M136.9M48.3M
Total Non-Current Assets5.52B5.37B5.4B5.7B5.43B4.57B4.56B4.69B1.09B1.14B1.09B921.44M949.75M935.85M936.26M999.51M1.07B1.21B1.81B1.37B1.03B838.71M1.35B1.06B1.1B847.61M651.75M642.6M592M483.3M219.2M
Property, Plant & Equipment1.36B1.25B1.34B1.24B976.37M765.91M620.61M448.8M286.31M283.98M278.01M314.59M330.26M305.28M277.69M257.36M236.75M291.88M355.47M382.24M395.41M385.92M376.05M382.73M300.56M290.25M199.72M168.3M140.9M117.6M71.8M
Fixed Asset Turnover9.43x9.70x7.31x8.46x9.43x9.03x9.36x10.18x14.10x12.25x10.74x8.95x8.87x9.31x11.42x12.34x7.69x5.21x7.09x7.15x5.24x5.40x3.98x3.46x5.45x7.25x7.50x5.01x8.28x8.77x9.68x
Goodwill1.79B1.79B2.02B2.28B2.32B2.01B2.05B2.21B354.7M349.53M335.18M335.26M335.36M326.63M327.72M328.16M328.01M329.38M601.88M311.86M70.34M0000000000
Intangible Assets300.72M444.79M668.76M935.3M1.19B1.19B1.39B1.56B19.33M18.96M4.33M11.89M27.7M34.52M55.64M85.9M117.34M149.08M297.78M175.43M058.67M20.62M00000000
Long-Term Investments00000000000-78.65M-75.14M-114.83M-128.74M-173.79M-328.52M-261.12M0000000000000
Other Non-Current Assets946.15M773.61M460.91M428.76M358.17M342.02M262.19M265.97M197.21M182.15M162.16M181.04M181.3M154.59M146.49M154.31M144.57M440.58M233.62M191.46M174.89M147.22M862.41M677.49M797.87M557.35M452.03M474.3M451.1M365.7M147.4M
Total Assets16.87B16.07B15.43B14.07B12.6B10.27B9.28B9.01B5.62B5.53B4.96B4.83B5.54B5.29B5.1B4.68B3.91B3.61B4.85B4.62B4.58B3.99B3.54B2.87B2.72B2.74B2.2B1.58B1.55B1.34B712.8M
Asset Turnover0.79x0.76x0.64x0.75x0.73x0.67x0.63x0.51x0.72x0.63x0.60x0.58x0.53x0.54x0.62x0.68x0.47x0.42x0.52x0.59x0.45x0.52x0.42x0.46x0.60x0.77x0.68x0.53x0.75x0.77x0.97x
Asset Growth %30.72%4.11%9.67%11.71%22.65%10.68%3.01%60.31%1.58%11.48%2.83%-12.87%4.75%3.67%9.09%19.67%8.24%-25.55%4.87%1.03%14.79%12.64%23.46%5.48%-0.98%24.55%39.03%2.36%15.27%88.45%30.48%
Total Current Liabilities3.75B4.09B4.66B3.74B2.87B2.1B1.7B1.77B1.22B1.29B1B1B895.61M861.53M862.91M882.02M771.79M563.98M950.33M1.07B1B931.86M911.63M651.06M687.49M984.09M494.83M352.3M350.7M324.8M169.2M
Accounts Payable515.01M458.51M359.49M371.03M443.34M342.08M264.28M202.42M169.35M147.38M106.52M103.34M103.42M115.68M139.18M142.94M107.94M63.48M104.31M92.17M95.19M67.72M63.99M33.89M52.99M60.74M55.02M35.2M46.4M41.2M27.3M
Days Payables Outstanding33.0535.2233.432.145.0445.0439.3839.5242.7141.7833.4231.0430.6234.1238.241.4348.326.7933.2428.2636.8828.6634.8618.4223.7523.6629.6328.7430.5231.8733.18
Short-Term Debt00749.94M0020M0250M0249.98M016.98M00000000000000014.6M21.5M25.1M3.1M
Deferred Revenue (Current)7B2B2.13B1.84B1.28B830.91M684.63M622.69M465.28M341.56M315.69M313.24M286.47M218.8M210.31M236.6M204.76M142.06M207.49M254.05M80.54M80.77M57.32M225.69M248.74M000000
Other Current Liabilities1.41B1.3B1.11B1.01B952.16M573.47M466.55M435.39M373.28M356.31M386.79M364.57M364.52M333.64M300.34M369.78M326.58M341.44M364.62M466.71M685.31M660.84M700.13M391.47M385.76M923.35M439.81M302.5M282.8M258.5M138.8M
Current Ratio3.03x2.62x2.15x2.24x2.50x2.71x2.78x2.44x3.73x3.40x3.86x3.90x5.12x5.05x4.83x4.17x3.67x4.25x3.19x3.03x3.53x3.44x2.40x2.77x2.36x1.93x3.14x2.67x2.73x2.65x2.92x
Quick Ratio2.11x1.83x1.50x1.47x1.75x1.96x2.01x1.73x2.97x2.83x3.16x3.28x4.39x4.31x4.07x3.51x3.15x3.60x2.71x2.53x3.09x3.05x2.03x2.38x1.89x1.53x2.57x2.12x2.06x2.11x2.13x
Cash Conversion Cycle272.46284.59323.16284.12252.98239.69235.43293.59251.21225.91262.99234.75228.55223.69223.74199.37229.31179.91184.45213.62214.68181.34239.86183.92182.78199.7239.86252.28218.96198.45234.63
Total Non-Current Liabilities7.29B7.29B7.4B7.41B8.33B4.79B4.9B4.56B2.78B2.91B3.27B3.4B973.71M943.67M921.81M932.61M888.66M861.16M916.33M67.6M5.44M9.25M00000003.9M6.4M
Long-Term Debt5.89B5.88B5.88B5.89B6.66B3.42B3.47B3.17B2.24B2.68B3.06B3.17B747.92M747.38M746.83M746.29M745.75M745.2M744.66M000000000000
Capital Lease Obligations694.51M158.83M153.12M138.35M81.37M70.74M70.89M0000000-50.84M-78.34M-53.49M00000000000000
Deferred Tax Liabilities1.81B446.94M486.69M529.29M658.94M650.62M660.88M702.28M1.2M000119.48M117.45M50.84M78.34M53.49M49.74M-31.75M00000000003.9M6.3M
Other Non-Current Liabilities501.51M450.8M490.2M517.83M596.36M560.55M601.4M587.9M493.24M172.41M156.62M182.23M168.29M154.07M140.07M154.57M122.56M10.43M171.67M67.64M0000000000100K
Total Liabilities11.04B11.38B12.07B11.15B11.2B6.9B6.6B6.33B4B4.21B4.27B4.4B1.87B1.81B1.78B1.81B1.66B1.43B1.87B1.07B1B931.86M911.63M651.06M687.49M984.09M494.83M352.3M350.7M328.7M175.6M
Total Debt6.15B6.09B6.82B6.06B6.77B3.55B3.57B3.42B2.24B2.93B3.06B3.19B745.1M747.38M746.83M746.29M745.75M794.94M744.66M0000000014.6M21.5M25.1M3.1M
Net Debt4.36B4.01B4.84B4.14B5.19B2.11B2.34B2.41B833.02M1.78B1.95B2.35B114.24M-238.01M-4.46M34.96M215.83M269.98M-383.44M-722.51M-1.13B-663.16M-598.7M-606.9M-429.82M-529.67M-478.21M-256.9M-194.5M-254.1M-106.3M
Debt / Equity1.05x1.30x2.02x2.08x4.84x1.05x1.33x1.28x1.38x2.21x4.44x7.57x0.20x0.21x0.23x0.26x0.33x0.36x0.25x--------0.01x0.02x0.02x0.01x
Debt / EBITDA1.05x1.13x1.69x1.37x1.69x1.26x1.69x2.11x1.40x2.21x2.98x4.30x0.87x0.91x0.67x0.60x1.86x-1.19x--------0.39x0.11x0.13x0.02x
Net Debt / EBITDA0.74x0.74x1.20x0.94x1.29x0.75x1.11x1.48x0.52x1.34x1.90x3.17x0.13x-0.29x-0.00x0.03x0.54x--0.61x-1.03x-2.98x-1.01x-1.57x-2.89x-1.37x-1.03x-1.28x-6.78x-0.96x-1.28x-0.55x
Interest Coverage19.94x16.37x11.25x13.76x22.76x16.00x9.22x11.40x13.73x10.59x7.98x5.10x14.33x13.75x24.35x21.43x6.34x-9.89x46.38x------------
Total Equity5.83B4.69B3.37B2.92B1.4B3.38B2.68B2.68B1.62B1.33B689.11M421.44M3.67B3.48B3.32B2.86B2.25B2.18B2.98B3.55B3.57B3.05B2.63B2.22B2.03B1.76B1.71B1.23B1.2B1.01B537.2M
Equity Growth %177.42%39.31%15.36%108.69%-58.55%25.91%0.12%65.24%22.17%92.48%63.51%-88.51%5.38%5.02%15.89%27.34%2.85%-26.74%-16.01%-0.65%16.99%16.25%18.6%9.13%15.32%3.03%38.62%2.91%18.05%88.87%32.97%
Book Value per Share4.433.512.472.080.922.171.701.711.030.840.440.262.182.061.951.681.301.281.621.761.751.521.301.141.030.900.890.670.680.480.53
Total Shareholders' Equity5.83B4.69B3.37B2.92B1.4B3.38B2.67B2.66B1.62B1.33B689.11M421.44M3.67B3.48B3.32B2.86B2.25B2.18B2.98B3.55B3.57B3.05B2.63B2.22B2.03B1.76B1.71B1.23B1.2B1.01B537.2M
Common Stock2.68B132K134K137K142K153K155K159K156K157K156K158K165K165K167K167K168K171K174K00196K196K192K190K188K187K100K100K100K0
Retained Earnings3.19B2.18B1.14B848.43M366.88M1.28B654.93M714.83M1.06B848.46M284.82M-12.36M2.48B2.36B2.25B1.85B1.36B1.37B2.2B2.57B2.14B2.08B1.64B1.4B1.26B1.04B976.85M723M683.8M542.7M259.8M
Treasury Stock0000000000000000000000000000000
Accumulated OCI-31.98M1.2M-49.08M-36.34M-27.47M-75.56M-79.77M-73.03M-53.93M-51.32M-48.69M-40.57M-30.27M-36.65M-21.14M-2.4M-31.3M-21.22M47.68M11.4M8.91M3.88M2.16M3.69M4.59M2.6M13.66M5.2M16.3M13.6M-48.9M
Minority Interest0000-2.26M-1.91M15.59M18.59M0000000000005.44M9.25M000000000

Key Metrics

Growth RegimeExpanding
ProfitabilityStrong
Balance SheetHealthy
Cash FlowMixed
Top Statement Risk

Geopolitical export control exposure

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q3)

Balance Sheet Strengthening Through Deleveraging

According to recent quarterly filings, KLAC has significantly improved its financial position, with the debt-to-equity ratio declining from a peak of 2.20 in 2024Q3 to 1.05 by 2026Q3, signaling a deliberate and successful effort to deleverage while simultaneously expanding the company's total asset base to $16.9 billion.

The consistent reduction in the debt-to-equity ratio suggests management is prioritizing balance sheet flexibility as the company scales. This trajectory implies a strengthening of the underlying business quality, as the firm is effectively utilizing retained earnings to support growth rather than relying on incremental debt financing.

Strategic Deleveraging Enhances Financial Resilience

As reported in financial statements, KLAC has maintained a relatively stable total debt load of approximately $6.1 billion over the last several quarters, which, when paired with rising equity, has effectively lowered the company's leverage profile and reduced the interest burden on its core operating cash flows.

The stability of the debt principal suggests that the company is not currently facing immediate refinancing pressure, which is a positive indicator for cash flow durability. Investors should monitor whether this debt level remains static as the company navigates potential cyclical headwinds in the semiconductor equipment market.

Liquidity Buffers Remain Comfortably Positioned

Based on the provided balance sheet data, KLAC’s current ratio has improved from 1.91 in 2024Q2 to 3.03 in 2026Q3, indicating a robust liquidity position that provides a substantial buffer against potential operational shocks or sudden shifts in the semiconductor capital expenditure cycle.

A current ratio exceeding 3.0 suggests that the company holds significant short-term assets relative to its immediate obligations, which may provide management with the agility to navigate supply chain disruptions. This liquidity profile appears well-suited to support the company's ongoing R&D requirements and high-margin service business model.

Retained Earnings Driving Equity Expansion

Data from recent balance sheets reveals that KLAC’s equity base has nearly doubled from $3.1 billion in 2024Q3 to $5.8 billion in 2026Q3, a trend primarily driven by the consistent accumulation of retained earnings, which grew from $958.9 million to $3.2 billion over the same period.

The rapid growth in retained earnings suggests that the company is successfully converting its high-margin operational success into long-term shareholder value. This accumulation of equity provides a solid foundation for future capital allocation, though investors should continue to watch for potential dilution from stock-based compensation programs.

KLAC — Frequently Asked Questions

Quick answers to the most common questions about buying KLAC stock.

What are the total assets of KLA Corporation (KLAC)?

As of 2025, KLA Corporation (KLAC) had total assets of $16.07B including $10.70B in current assets.

How much debt does KLA Corporation (KLAC) have?

KLA Corporation (KLAC) carries total debt of $6.09B, offset by $4.49B in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.

What is the book value or shareholders' equity of KLA Corporation?

KLA Corporation (KLAC) has total shareholders' equity (book value) of $4.69B ($3.51 book value per share). Book value represents the net worth of the company belonging to common stock holders.

What is KLA Corporation's current ratio and liquidity?

KLA Corporation (KLAC) reported a current ratio of 2.62x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.