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Keysight Technologies KEYS Free cash flow margin

Free cash flow margin at other companies

Teradyne, Inc. logo
Teradyne, Inc.TER
14.6%-6.3pp
Cadence Design Systems logo
Cadence Design SystemsCDNS
25.9%-2.4pp
Teledyne Technologies logo
Teledyne TechnologiesTDY
16.9%-1.4pp
Fortive logo
FortiveFTV
22.8%-12.2pp
Credo Technology Group Holding Ltd logo
Credo Technology Group Holding LtdCRDO
30.5%+23.8pp
Dell Technologies logo
Dell TechnologiesDELL
7%+3.1pp

Other financials

Income statement

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Revenue$1.7B+31.5%
Gross profit$1.2B+44.7%
Operating income$407.0M+96.6%
Net income$349.0M+35.8%
EPS (diluted)$2.02+35.6%

Balance sheet

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Cash & equivalents$2.4B-22.5%
Total debt$2.8B-0.2%
Total equity$6.3B+15.6%
Total assets$11.7B+11.4%

Cash flow

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Operating cash flow$501.0M+3.5%
CapEx$29.0M+7.4%
Free cash flow$472.0M+3.3%

Valuation

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Market cap$59.93B+142%
Enterprise value$60.26B+147%
P/E56.9×
P/S9.8×+5.0×

Profitability

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Gross margin63.7%+1.2pp
Operating margin18.2%+1.3pp
Net margin17.3%

Returns & leverage

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Return on equity17.9%
Debt / equity0.4×-0.1×
Current ratio1.9×-1.5×

Where this comes from

Calculated from Keysight Technologies’s reported figures.

Based on trailing twelve months.

The official record: Keysight Technologies’s 10-Q, filed June 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Keysight Technologies's free cash flow margin?
Keysight Technologies (KEYS) reported free cash flow margin of 22.3% in Q1 2026.
How has Keysight Technologies's free cash flow margin changed year-over-year?
Keysight Technologies's free cash flow margin decreased by 15.4% year-over-year, from 26.4% to 22.3%.
What is the long-term trend for Keysight Technologies's free cash flow margin?
Over 4 years (2021 to 2025), Keysight Technologies's free cash flow margin has grown at a 0.6% compound annual growth rate (CAGR), from 94% to 96.4%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.