Keysight Technologies KEYS Ratios & Valuation
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 63.7%+1.2pp | 61.9%-0.7pp | 62.1%-0.8pp | 62.4%-1.1pp | 62.5%-1.7pp | |
| Operating margin | 18.2%+1.3pp | 16%-0.6pp | 16.3%-0.4pp | 17%-1.4pp | 16.8%-4.1pp | |
| Net margin | 17.3%— | 16.9%— | 15.8%— | —— | —— | |
| EBITDA margin | 20.5%+1.2pp | 18.4%-0.7pp | 18.7%-0.5pp | 19.4%-1.5pp | 19.3%-3.9pp | |
| Free cash flow margin | 22.3%-4.1pp | 23.6%+4.4pp | 23.8%+5.8pp | 27%+8.7pp | 26.4%+9.1pp | |
| Returns | ||||||
| Return on equity | 17.9%— | 16.9%— | 15.5%— | —— | —— | |
| Return on assets | 9.5%— | 9.2%— | 8.3%— | —— | —— | |
| Return on invested capital | 17.1%+4.6pp | 13.8%+1.9pp | 11.6%-0.8pp | 9%-9.5pp | 12.6%-4.8pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×-0.1× | |
| Inventory turnover | 2.1×+0.3× | 2.1×+0.3× | 2×+0.1× | 1.9×+0.1× | 1.9×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.9×-1.5× | 2.6×-0.3× | 2.4×-0.6× | 3.6×+1.5× | 3.4×+1.4× | |
| Quick ratio | 1.5×-1.2× | 2×-0.2× | 1.8×-0.5× | 2.9×+1.4× | 2.8×+1.3× | |
| Cash ratio | 0.9×-1.0× | 1.2×-0.2× | 1×-0.2× | 2.2×+1.3× | 1.9×+1.1× | |
| Leverage | ||||||
| Debt-to-equity | 0.4×-0.1× | 0.4×+0.1× | 0.5×+0.1× | 0.5×+0.1× | 0.5×+0.1× | |
| Debt-to-assets | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Net debt / EBITDA | 0.3×+0.6× | 0.6×+0.6× | 0.9×+0.7× | -0.6×-1.0× | -0.4×-0.7× | |
| Interest coverage | 10.1×-0.2× | 8.6×-1.3× | 9.1×-0.8× | 9.8×-1.6× | 10.2×-3.4× | |
| Per Share | ||||||
| Book value per share | $36.60+15.6% | $35.87+20.3% | $33.99+16.5% | $32.77+9.7% | $31.66+13.0% | |
| Valuation | ||||||
| Market capitalization | $60.01B+142% | $37.1B+20.3% | $31.44B+21.3% | $28.21B+16.2% | $24.85B-4.0% | |
| Enterprise value | $60.34B+147% | $37.68B+22.4% | $32.33B+23.7% | $27.58B+11.8% | $24.48B-6.8% | |
| Price / earnings | 56.9×— | 38.6×— | 37×— | —— | —— | |
| Price / sales | 9.9×+5.0× | 6.5×+0.4× | 5.8×+0.6× | 5.4×+0.5× | 4.9×-0.1× | |
| Price / book | 9.5×+4.9× | 6×0.0× | 5.3×+0.3× | 5×+0.3× | 4.5×-0.7× | |
| EV / EBITDA | 48.3×+23.5× | 36.1×+3.9× | 32.1×+4.8× | 27.1×+3.5× | 24.8×+3.0× | |
| EV / sales | 9.9×+5.1× | 6.6×+0.5× | 6×+0.8× | 5.3×+0.3× | 4.8×-0.3× | |
| Free cash flow yield | 2.3%-3.2pp | 3.6%+0.5pp | 4.1%+0.6pp | 5%+1.2pp | 5.4%+2.0pp | |
| Earnings yield | 1.8%— | 2.6%— | 2.7%— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Keysight Technologies's profit margins?
- Keysight Technologies (KEYS) runs a 63.7% gross margin and a 18.2% operating margin, with a 17.3% net margin.
- Where do Keysight Technologies's ratios come from?
- Every ratio is computed from Keysight Technologies's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
