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Kla's Competitiveness

A competitive positioning analysis and financial ratio benchmarking of Kla (KLAC) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.

Peer Data As of Q4 2026
Competitors
34
Named by the company
Peer Group Market Share
12.06 %
vs 13.20 % a year ago
Revenue Growth Y/Y
15.21 %
Peers: 27.67 %
Net Margin
37.27 %
Peers: 24.76 %

Key Findings: Kla vs Its Competitors

  • TTM: Trailing 12-month revenue of 13,579M vs 97,366M combined for its competitors (12.2% combined share).
  • Trending: Latest-quarter revenue run-rate is accelerating (+7.7% annualized vs trailing 12 months), vs accelerating (+9.5%) for its tracked peer group.
  • Growth: Kla generated 15.2% revenue growth year over year in Q4 2026, vs 27.7% for its competitors combined.
  • Profitability: Its 37.3% net margin compares with 24.8% for the peer group.
  • Scale: Kla ranks #2 of 21 companies by market capitalization in the Scientific & Technical Instruments industry, holding 35.6% of industry market cap.
  • Peer revenue share: Kla accounted for 12.1% of combined revenue among its tracked peer group, down from 13.2% a year earlier.
  • Peer differentiation: Revenue per employee of $0.80M compares with $1.59M for the peer group (0.5x).
  • Structure: Kla operates in the following segments: Semiconductor Process Control, PCB and Component Inspection, Specialty Semiconductor Process.

Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).

KLAC Sales vs. its Competitors, Q4 2026

Kla reported revenue growth of 15.21 % year on year in Q4 2026, below its competitors' combined revenue growth of 27.67 %.

With a net margin of 37.27 %, Kla achieved higher profitability than its competitors (24.76 %).

Kla generated 12.06 % of the combined sales of its peer group, down from 13.20 % a year earlier.

API endpoints for this dataset
https://api.csimarket.com/api/v1/companies/KLAC/competitors
https://api.csimarket.com/api/v1/companies/KLAC/relationships
https://api.csimarket.com/api/v1/companies/KLAC/similar
Programmatic access for models, analytics, and integration workflows.

Kla vs. its Competitors, Q4 2026

Revenue growth, year on year

Kla +15.2 %
Competitors combined +27.7 %

Net income growth, year on year

Kla +13.3 %
Competitors combined +51.6 %

Net margin

Kla +37.3 %
Competitors combined +24.8 %

Revenue run-rate vs trailing 12 months

Kla +7.7 %
Competitors combined +9.5 %

TTM net margin

Kla +35.6 %
Competitors combined +24.4 %

TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Kla reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.

Competitor Financial Benchmarking - TTM Commercial

TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Kla and its 4 competitor groupings. Available under Commercial License.

Entity TTM Revenue Latest Q ×4 Rev Run-rate vs TTM TTM Net Income TTM Net Margin
Kla Corporation $12,345M $12,345M +12.3% · Accelerating $1,234M 12.3%
Competitors combined $12,345M $12,345M +12.3% · Accelerating $1,234M 12.3%
High-Confidence Competitors (4) $12,345M $12,345M +12.3% · Accelerating $1,234M 12.3%
Similar-Size Competitors (4) $12,345M $12,345M +12.3% · Accelerating $1,234M 12.3%
Similar Growth & Profitability (5) $12,345M $12,345M +12.3% · Accelerating $1,234M 12.3%
Competitor Financial Benchmarking

TTM revenue, run-rate and net margin benchmarking across Kla's competitor groups requires a Commercial License.

For context: the Scientific & Technical Instruments industry grew revenue 12.8% year over year, combined, vs 15.2% for Kla. Kla's share of combined industry revenue moved from 14.43% to 14.73%, a gain of 0.30 percentage points.

Kla's Competitor Quality Breadth

Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).

Entity Profitable Expanding Above Industry Growth Distressed
Kla Corporation Yes Yes Yes No
Competitors combined (32) 85% 93% 89% 16%
High-Confidence Competitors (7) 83% 100% 71% 14%
Similar-Size Competitors (6) 83% 100% 67% 50%
Similar Growth & Profitability (8) 87.50 % (7 of 8) 100.00 % (8 of 8) 87.50 % (7 of 8) 12.50 % (1 of 8)

Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.

Market Share of the Peer Group, Q4 2026

12.1%market share
  • Kla12.1%
  • Competitors combined87.9%

Share of combined quarterly revenue of Kla and its 34 competitors.

See Kla's full market share breakdown »

KLAC Stock Performance relative to its Competitors

KLAC Competitors (weighted) Percent change over the selected range

Kla's Share Price Performance vs Peer Groups

Trailing 12-month total share price return, and the share of each group that outperformed the U.S.A. 500 over the same period. Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC.
80.6%beat U.S.A. 500
Competitors Combined
(25 of 31)
28.6%beat U.S.A. 500
High-Confidence
(2 of 7)
66.7%beat U.S.A. 500
Similar-Size
(4 of 6)
85.7%beat U.S.A. 500
Similar Growth & Profitability
(6 of 7)
Entity TTM Share Price Return
(group: median)
vs U.S.A. 500
Kla Corporation 42.10 % Outperformed
Competitors combined (31) 40.4% 63.2%
High-Confidence Competitors (7) 40.4% 63.2%
Similar-Size Competitors (6) 40.4% 63.2%
Similar Growth & Profitability (7) 40.4% 63.2%
Peer Group Share Price Returns

TTM share price return and U.S.A. 500 outperformance for Kla's competitor groups requires a Commercial License.

Source: CSIMarket API (daily market-structure computation). Outperformance is trailing-12-month total return vs the U.S.A. 500 over the same window, not risk-adjusted.

KLAC Stock Performance relative to High-Confidence Competitors

KLAC High-Confidence Competitors (equal-weighted, 8) Percent change over the selected range

KLAC Stock Performance relative to Similar-Size Competitors

KLAC Similar-Size Competitors (equal-weighted, 6) Percent change over the selected range

KLAC Stock Performance relative to Similar Growth & Profitability Competitors

KLAC Similar Growth & Profitability Competitors (equal-weighted, 8) Percent change over the selected range

5 Best-Performing Tracked Competitors, Trailing 12 Months

#CompetitorTTM Share Price Returnvs U.S.A. 500
1 Skywater Technology Inc 282.9% Outperformed
2 Ase Technology Holding Co Ltd 282.9% Outperformed
3 Aehr Test Systems 282.9% Outperformed
4 Cohu Inc 282.9% Outperformed
5 Viavi Solutions Inc 282.9% Outperformed
Best-Performing Competitor Returns

TTM share price return and U.S.A. 500 outperformance for Kla's best-performing competitors requires a Commercial License.

Source: CSIMarket API, trailing 12 months.

Kla's Comment on Competition and Industry Peers

The worldwide market for process control and yield management systems is highly competitive. In each of our product markets, we face competition from established and potential competitors, some of which may have greater financial, research, engineering, manufacturing and marketing resources than we have, such as Applied Materials, Inc., ASML Holding N.V. and Hitachi High-Technologies Corporation. We may also face future competition from new market entrants from other overseas and domestic sources. We expect our competitors to continue to improve the design and performance of their current products and processes and to introduce new products and processes with improved price and performance characteristics. We believe that, to remain competitive, we will require significant financial resources to offer a broad range of products, to maintain customer service and support centers worldwide, and to invest in product and process research and development.

We believe that, while price and delivery are important competitive factors, the customers’ overriding requirement is for systems that easily and effectively incorporate automated and highly accurate inspection and metrology capabilities into their existing manufacturing processes to enhance productivity. Significant competitive factors in the market for process control and yield management systems include system performance, ease of use, reliability, interoperability with the existing installed base and technical service and support, as well as overall cost of ownership.

Management believes that we are well positioned in the market with respect to both our products and services. However, any loss of competitive position could negatively impact our prices, customer orders, revenues, gross margins and market share, any of which would negatively impact our operating results and financial condition.

Publicly Traded Peers of Kla Corporation

Revenue and income for trailing 12 months, in millions of $, except employees
Company Market Cap Revenues Income Employees
Kla Corporation 225,221.76 13,579.48 4,830.77 17,000
Taiwan Semiconductor Manufacturing Company Limited 2,249,583.27 121,423.20 54,036.50 70,871
Asml Holding Nv 651,137.84 36,921.92 10,864.60 44,209
Applied Materials Inc 333,832.00 30,837.00 9,267.00 36,500
Lam Research Corporation 323,448.16 26,127.94 8,449.87 23,300
Ase Technology Holding Co Ltd 94,858.88 20,573.41 1,313.24 14,258
SUBTOTAL 4,266,520.07 518,253.57 94,999.61 333,626
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Sources: Kla Corporation's official press releases and company reports; CSIMarket.com's market research; and the company reports and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Kla Corporation versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.

Kla's Competitors Named by the Company

Competitive relationships identified from Kla reports and corroborating sources, each with a basis and confidence.
Competitor Basis Confidence Active Sources
Onto Innovation Inc Company report 85% 2022 to 2026 3
Intevac Inc Company report 85% 2022 to 2026 3
Nova Ltd Company report 85% 2022 to 2026 3
Soluna Holdings Inc Company report 85% 2022 to 2026 3
Applied Materials Company report 85% 2022 to 2026 3
Camtek Ltd Company report 85% 2022 to 2026 3
AKT Display Group Company report 85% 2022 to 2026 3
Cowin DST Co. Ltd Company report 85% 2022 to 2026 3
Hitachi High-Technologies Corporation Company report 85% 2022 to 2026 3
ADP Engineering Co. Ltd Company report 85% 2022 to 2026 3
Charm Engineering Co. Ltd Company report 85% 2022 to 2026 3
EO Technics Co. Ltd Company report 85% 2022 to 2026 3
Digital Imaging Technology Co. Ltd Company report 85% 2022 to 2026 3
Advanced Modular Systems Company report 85% 2022 to 2026 3
Favite Inc Company report 85% 2022 to 2026 3
Contrel Technology Co. Ltd Company report 85% 2022 to 2026 3
HB Technology Co. Ltd Company report 85% 2022 to 2026 3
Top Engineering Co. Ltd Company report 85% 2022 to 2026 3
Electro Scientific Industries Company report 85% 2022 to 2026 3
On Semiconductor Corporation Company report 85% 2022 to 2026 3
Pcb Bancorp Company report 85% 2022 to 2026 3
Asml Holding Nv Company report 85% 2022 to 2026 3
Kulicke And Soffa Industries Inc Company report 85% 2022 to 2026 3
Pdf Solutions Inc Company report 85% 2022 to 2026 3
Lam Research Corporation Company report 85% 2022 to 2026 3
Viavi Solutions Inc Company report 85% 2022 to 2026 3
Teradyne Inc Company report 85% 2022 to 2026 3
Samsung Electronics Co Ltd Company report 85% 2022 to 2026 3
Cadence Design Systems Inc Company report 85% 2022 to 2026 3
Tower Semiconductor Ltd Company report 85% 2022 to 2026 3
Aehr Test Systems Company report 85% 2022 to 2026 3
Formfactor inc Company report 85% 2022 to 2026 3
Agilent Technologies inc Company report 85% 2022 to 2026 3
Cohu Inc Company report 85% 2022 to 2026 3
Competitor Evidence Detail

Company report basis, confidence, active dates and source counts for Kla's named competitors require a Commercial License.

Methodology: relationships are extracted from Kla reports (named-competitor disclosures) and corroborating sources. Confidence reflects evidence strength.

Kla's Business Segment Mix vs Peers

Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).
Company Largest Segment 2nd Segment 3rd Segment
Kla Corporation Semiconductor Process Control 90.77 % PCB and Component Inspection 5.85 % Specialty Semiconductor Process 3.37 %
Applied Materials Inc Semiconductor Systems 75.41 % Applied Global Services 21.05 % -
Lam Research Corporation Reportable 100.00 % - -
Cadence Design Systems Inc Reportable 100.00 % - -
Agilent Technologies inc Agilent CrossLab 41.36 % Life Sciences and Diagnostics Markets 39.89 % Applied Markets 18.75 %
Teradyne Inc Semiconductor Test 84.41 % Product Test 8.07 % Robotics 7.52 %

Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).

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Kla's Productivity vs Peers Comparison

Revenue and income per employee, trailing 12 months, in $; market cap in millions of $
CompanyMarket CapRevenue / EmployeeIncome / Employee
Kla Corporation 225,222 798,793 284,163
Taiwan Semiconductor Manufacturing Company Limited 2,249,583 1,713,299 762,463
Asml Holding Nv 651,138 835,168 245,755
Applied Materials Inc 333,832 844,849 253,890
Lam Research Corporation 323,448 1,121,371 362,656
Ase Technology Holding Co Ltd 94,859 1,442,938 92,106
PEERS TOTAL 4,041,298 1,593,912 284,780
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Kla's Geographic Revenue Exposure vs Peers

Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.
Company Largest Market 2nd Market 3rd Market
Kla Corporation China 34.47 % Taiwan 24.73 % North America 14.94 %
Asml Holding Nv Rest of Europe and Middle East 1.43 % Rest of Asia 0.01 % -
Applied Materials Inc Taiwan 27.24 % China 26.38 % Korea, Republic of 19.87 %
Lam Research Corporation China 35.11 % Korea, Republic of 19.88 % Taiwan 18.03 %
Cadence Design Systems Inc United States 41.27 % Other Asia 19.13 % China 15.62 %
Agilent Technologies inc Americas 41.63 % Asia Pacific 30.14 % Europe 28.23 %

Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.

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Kla's Position in Industry Market Structure

Market-capitalization share and concentration across all 20 companies in Kla's industry classification, broader than the peer set above. Market cap in millions of $.

Kla ranks #2 of 20 companies by market capitalization in its industry, holding 35.57 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 3,101, indicating a highly concentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).

Rank Company Market Cap Industry Share
1 Thermo Fisher Scientific Inc 261,586 41.31 %
2 Kla Corporation 225,222 35.57 %
3 Rockwell Automation Inc 49,950 7.89 %
4 Coherent Corp 46,539 7.35 %
5 Trimble Inc 1,234 5.2%
6 Nova Ltd 1,234 5.2%
7 Onto Innovation Inc 1,234 5.2%
8 Camtek Ltd 1,234 5.2%
9 Mirion Technologies Inc 1,234 5.2%
10 908 Devices inc 1,234 5.2%
Full Industry Market Structure

Market cap and industry share for the rest of Kla's industry peers requires a Commercial License.

Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-10-29.

Kla's Same-Size Peers & Stock Performance

Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.
Rank Company Market Cap TTM Return 3M Momentum Beta Sharpe (1Y)
1 Thermo Fisher Scientific Inc 261,586 26.44 % 22.02 % 0.77 0.80
2 Kla Corporation 225,222 42.12 % -11.48 % 2.10 0.68
3 Rockwell Automation Inc 49,950 27.77 % -0.55 % 1.25 0.84
4 Coherent Corp 1,234 12.3% 4.5% 1.10 0.80
5 Trimble Inc 1,234 12.3% 4.5% 1.10 0.80
6 Nova Ltd 1,234 12.3% 4.5% 1.10 0.80
7 Onto Innovation Inc 1,234 12.3% 4.5% 1.10 0.80
Full Same-Size Peer Performance

Market cap, return, momentum, beta and Sharpe ratio for the rest of Kla's same-size peers requires a Commercial License.

Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-10-29. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.

Kla's Profitability & Cost Structure

Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Scientific & Technical Instruments industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (34 companies). See the full Scientific & Technical Instruments industry profitability benchmarks.
Metric Company Industry Difference
Gross Margin 0.61 % 20.75 % (avg) -20.1 pp
Operating Margin 0.43 % industry median -8.2 pp
EBITDA Margin 0.48 % 0.17 % (avg) +0.3 pp
Capital Intensity (Capex / Revenue) - 3.90 % (avg) -

Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.

Kla's Valuation vs Competitive Position

Valuation multiples vs the Scientific & Technical Instruments industry average (34 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Scientific & Technical Instruments industry valuation benchmarks.
Metric Company Industry Average Difference
P/E 7.3x 62.6x -55.3x
EV / EBITDA 42.1x 27.1x +15.0x
P/B 47.9x 4.9x +43.0x
Return on Equity 0.85 % industry aggregate -17.00 %
Return on Invested Capital 0.51 % -3.88 % (avg) 4.39 %

Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.

Kla's Multi-Year Financial Trajectory

Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.
Metric 20182019202020212022202320242025
Revenue Growth 13.34 %22.63 %15.05 %34.46 %28.39 %-7.75 %12.15 %17.49 %
Operating Margin 39.18 %26.24 %28.42 %38.90 %39.86 %34.30 %31.05 %39.75 %
Return on Invested Capital 28.81 %13.63 %16.76 %26.27 %33.54 %24.79 %23.42 %30.18 %
P/E 9.3x22.4x29.8x21.1x15.8x2.6x2.8x3.4x

Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.

Kla's Strategic Group Map

Every company in Kla's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Kla is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.

Revenue Growth (TTM, %)Operating Margin (%)KlaAMATANSSAROKATROMEASTRMBAZPN

Kla's trailing-12-month revenue growth of 11.7% and operating margin of 0.4% compares with an average of 11.3% growth and -0.6% margin across its 8 closest peers by combined growth, margin and ROIC -- Kla sits above that peer average on growth and above it on margin.

Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.

Kla's BCG Growth-Share Matrix

Relative market share (vs Kla's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.

Question Mark Star Dog Cash Cow Relative Market Share (vs largest competitor) Industry Revenue Growth (%) Kla

Kla falls in the Dog quadrant: relative market share of 0.86x vs its largest competitor, in an industry growing revenue 7.7% (median, trailing 12 months).

Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution. A caveat worth reading alongside this chart: Thermo Fisher Scientific Inc alone holds 41% of this industry's market cap. In an industry this dominated by one leader, the framework will place nearly every OTHER company in "Dog" or "Question Mark" purely because relative share is measured against that leader, regardless of how strong those other companies actually are on their own fundamentals. Check the Profitability, Valuation and Financial Strength sections above before treating this quadrant label as a verdict.

Kla's Competitive Forces (Porter's Five Forces)

Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.
Force Assessment Basis
Competitive Rivalry Low Industry HHI of 3,101 (see Industry Market Structure & Concentration above)

Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments. Supplier power and buyer power are not assessed here -- see Kla's dedicated Suppliers and Customers pages for concentration data; threat of substitutes has no systematic data source in this system and is not estimated.

Kla's Industry Attractiveness & Competitive Strength

A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.

High Strength
Medium Strength
Low Strength
High Attractiveness
Invest / Grow
Invest / Grow
Selective
Medium Attractiveness
Invest / Grow
Selective Kla
Harvest
Low Attractiveness
Selective
Harvest
Harvest / Divest

Kla falls in the Medium attractiveness / Medium strength cell: Selective.

Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.

Kla's SWOT

Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.

Strengths

  • Latest-quarter revenue run-rate is accelerating (+7.7% annualized vs trailing 12 months).
  • Outperforming the U.S.A. 500 over the trailing 12 months.

Weaknesses

  • Operating margin 8.2 points below the industry median.
  • Return on equity 17.0 points below the industry aggregate.

Opportunities

  • Trades at a lower P/E than the industry average (7.3x vs 62.6x) despite a higher return on invested capital -- a possible re-rating opportunity.

Threats

  • Industry dominated by Thermo Fisher Scientific Inc , holding 41.31 % of industry market cap.

Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.

Kla's Financial Strength vs Peers Comparison

Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months
CompanyQuick RatioWorking CapitalDebt / EquityAsset Turnover
Kla Corporation 0.46 2.80 1.08 0.81
Taiwan Semiconductor Manufacturing Company Limited 1.82 2.51 0.02 0.48
Asml Holding Nv 0.53 1.26 0.19 0.62
Applied Materials Inc 0.79 2.53 0.29 0.79
Lam Research Corporation 0.96 2.46 0.34 1.14
Ase Technology Holding Co Ltd 0.37 1.26 0.11 0.73
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.

Kla's Revenue and Income Growth vs Peers

Quarterly revenue and net income growth, year over year and quarter over quarter
CompanyPeriodRevenue Y/YRevenue Q/QIncome Y/YIncome Q/Q
Kla CorporationQ2 2026+15.2 %+7.1 %+13.3 %+13.5 %
Taiwan Semiconductor Manufacturing Company LimitedQ4 2025+37.6 %+37.6 %+53.1 %+53.1 %
Asml Holding NvQ4 2025+20.7 %+20.7 %+32.6 %+32.6 %
Applied Materials IncQ2 2026+24.8 %+15.2 %+42.7 %-9.6 %
Lam Research CorporationQ3 2026+54.4 %+22.3 %+75.5 %+20.9 %
Ase Technology Holding Co Ltd Q4 2025+13.3 %+13.3 %+27.3 %+27.3 %
PEERS TOTAL+22.8 %+18.9 %+51.7 %+44.7 %
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.

Kla's Peers' Costs of Sales and Capital Expenditures

Context for revenue growth: peer costs and capex, year over year and quarter over quarter
CompanyPeriodCosts Y/YCosts Q/QCapex Y/YCapex Q/Q
Kla CorporationQ2 2026+17.0 %+6.4 %-11.1 %-
Taiwan Semiconductor Manufacturing Company LimitedQ4 2025+25.7 %+25.7 %+39.1 %+39.1 %
Asml Holding NvQ4 2025+16.9 %+16.9 %-18.2 %-18.2 %
Applied Materials IncQ2 2026+21.1 %+14.3 %+21.1 %-
Lam Research CorporationQ3 2026+48.5 %+20.9 %+39.2 %+36.5 %
Ase Technology Holding Co Ltd Q4 2025+11.4 %+11.4 %+129.4 %+129.4 %
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Kla's Returns and Turnover vs Peers

ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover
CompanyROAROIROEReceivables TurnoverInventory Turnover
Kla Corporation28.75%37.03%88.40%5.581.55
Taiwan Semiconductor Manufacturing Company Limited21.37%26.29%31.41%13.65-
Asml Holding Nv18.31%35.02%47.20%10.411.30
Applied Materials Inc23.70%28.79%41.02%5.052.52
Lam Research Corporation36.73%48.95%72.18%5.652.99
Ase Technology Holding Co Ltd 4.63%6.38%11.18%5.168.09
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).

Kla's Valuation vs Peers

P/E, price to sales, PEG, price to cash flow and price to book
CompanyP/EPrice / SalesPEGP/CFPrice / Book
Kla Corporation6.2516.59--35.47
Taiwan Semiconductor Manufacturing Company Limited81.0818.53-33.1713.08
Asml Holding Nv67.7617.644.621,475.5628.29
Applied Materials Inc36.0710.830.88203.5613.03
Lam Research Corporation38.3912.38-437.6723.26
Ase Technology Holding Co Ltd 74.364.610.6138.908.07
PEERS AVERAGE44.918.2355.3313.01
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.

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