KLA price to free cash flow KLAC
Market value divided by free cash flow over the last twelve months, since 2011.
- Today, Oct 23, 2026
- 50.5×
- 10-year median
- 21.0×
- Against its 10-year history
- 94th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 11.3× to 84.5×
- Peer median
- 45.8×
KLA's price to free cash flow is 50.5× as of Oct 23, 2026.
That is above its ten-year median of 21.0×, higher than on 94% of days in the last ten years.
Over that time it ranged from 11.3× in Dec 2018 to 84.5× in Jun 2026.
The median for 10 semiconductor stocks of a similar size is 45.8×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 50.5× | 40.2× | 84.5× |
| 2025 | 43.4× | 22.8× | 43.4× |
| 2024 | 27.4× | 23.0× | 37.5× |
| 2023 | 24.6× | 16.6× | 24.7× |
| 2022 | 17.0× | 12.4× | 29.4× |
| 2021 | 28.5× | 23.0× | 30.8× |
| 2020 | 24.7× | 14.6× | 25.2× |
| 2019 | 25.0× | 12.0× | 26.5× |
| 2018 | 11.7× | 11.3× | 16.6× |
| 2017 | 13.3× | 12.9× | 18.7× |
| 2016 | 17.5× | 12.1× | 18.3× |
| 2015 | 14.9× | 13.4× | 22.3× |
| 2014 | 20.5× | 12.7× | 23.2× |
| 2013 | 13.9× | 9.0× | 14.1× |
| 2012 | 8.7× | 8.2× | 10.3× |
| 2011 | 9.0× | 7.3× | 9.5× |
Against its peers
Companies in Semiconductors nearest KLA's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| KLACKLA | 50.5× |
| ADIAnalog Devices | 38.4× |
| QCOMQUALCOMM | 17.7× |
| MRVLMarvell Technology | 116× |
| TXNTexas Instruments | n/m |
| LRCXLam Research | n/m |
| AMATApplied Materials | 53.2× |
| INTCIntel | 155× |
| TELTE Connectivity | 18.2× |
| NXPINXP Semiconductors | 21.1× |
| MPWRMonolithic Power Systems | 95.7× |
| Peer median | 45.8× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on KLA
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.