Keysight Technologies (KEYS) Financials: Revenue & Earnings
$57.33B
Market Cap
45.05
P/E
29.39
Forward P/E
59
Score
KEYS price $336.75 +0.65 +0.19%
Stocklytics score rationale: value 33, quality 69, growth 76.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 2918000000 | 3189000000 | 3878000000 | 4303000000 | 4221000000 | 4941000000 | 5420000000 | 5464000000 | 4979000000 | 5375000000 |
Keysight Technologies, Inc. specializes in providing advanced electronic design and testing solutions to a diverse array of global industries, spanning commercial communications, networking, aerospace, defense, government, automotive, energy, semiconductor manufacturing, general electronics, and education. The company's operations extend across the Americas, Europe, and the Asia Pacific region. Its Communications…
KEYS fair value $399.11. Price $336.75. Price is 16% below fair value.
Above fair value, but less expensive than usual. A smaller premium than on 75% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 1.47B. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 10.77% (beta 1.2). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 170.25M. Net debt 1.10B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-23 | — | 3.37 | — | 1.95B |
| 2026-08-18 | 3.07 | 2.48 | 1.85B | 1.75B |
| 2026-05-19 | 2.87 | 2.32 | 1.72B | 1.71B |
| 2026-02-23 | 2.17 | 2.00 | 1.60B | 1.54B |
| 2025-11-24 | 1.91 | 1.83 | 1.42B | 1.38B |
| 2025-08-19 | 1.72 | 1.67 | 1.35B | 1.32B |
| 2025-05-20 | 1.70 | 1.65 | 1.31B | 1.28B |
| 2025-02-25 | 1.82 | 1.69 | 1.30B | 1.28B |
| 2024-11-19 | 1.65 | 1.57 | 1.29B | 1.26B |
| 2024-08-20 | 1.57 | 1.35 | 1.22B | 1.19B |
| 2024-05-20 | 1.41 | 1.39 | 1.22B | 1.20B |
| 2024-02-20 | 1.63 | 1.59 | 1.26B | 1.25B |
| 2023-11-20 | 1.99 | 1.87 | 1.31B | 1.30B |
| 2023-08-17 | 2.19 | 2.04 | 1.38B | 1.38B |
| 2023-05-16 | 2.12 | 1.94 | 1.39B | 1.38B |
| 2023-02-21 | 2.02 | 1.85 | 1.38B | 1.37B |
| 2022-11-17 | 2.14 | 1.99 | 1.44B | 1.40B |
| 2022-08-17 | 2.01 | 1.78 | 1.38B | 1.35B |
| 2022-05-17 | 1.83 | 1.67 | 1.35B | 1.30B |
| 2022-02-17 | 1.65 | 1.57 | 1.25B | 1.24B |
| 2021-11-22 | 1.82 | 1.64 | 1.29B | 1.24B |
| 2021-08-18 | 1.54 | 1.44 | 1.25B | 1.27B |
| 2021-05-19 | 1.44 | 1.34 | 1.22B | 1.20B |
| 2021-02-18 | 1.43 | 1.38 | 1.18B | 1.13B |
| 2020-11-18 | 1.62 | 1.46 | 1.22B | 1.09B |
| 2020-08-20 | 1.19 | 0.83 | 1.01B | 705.15M |
| 2020-05-26 | 0.78 | 1.00 | 895.00M | 1.33B |
| 2020-02-24 | 1.26 | 1.08 | 1.09B | 938.57M |
| 2019-11-26 | 1.33 | 1.18 | 1.12B | 993.68M |
| 2019-08-21 | 1.25 | 1.02 | 1.09B | 886.99M |
| 2019-05-29 | 1.22 | 0.98 | 1.09B | 884.51M |
| 2019-02-21 | 0.93 | 0.79 | 1.01B | 865.38M |
| 2018-11-20 | 1.01 | 0.91 | 1.05B | 943.34M |
| 2018-08-21 | 0.89 | 0.80 | 1.00B | 891.19M |
| 2018-05-30 | 0.83 | 0.83 | 990.00M | 990.00M |
| 2018-03-01 | 0.51 | 0.39 | 837.00M | 640.06M |
| 2017-12-06 | 0.71 | 0.65 | 878.00M | 791.44M |
| 2017-08-30 | 0.61 | 0.60 | 832.00M | 818.36M |
| 2017-06-06 | 0.64 | 0.58 | 753.00M | 647.11M |
| 2017-02-16 | 0.57 | 0.56 | 726.00M | 713.26M |
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-16 | Li Jeffrey K | Sell | 1.48K | $331.21 | 489.86K |
| 2026-10-16 | JUSKIE JO ANN | Sell | 1.38K | $331.21 | 455.41K |
| 2026-09-30 | Dhanasekaran Satish | Sell | 3.00K | $364.13 | 1.09M |
| 2026-09-23 | POOLE LISA M. | Sell | 200 | $348.01 | 69.60K |
| 2026-09-21 | Dougherty Neil | Sell | 2.00K | $340.79 | 681.57K |
| 2026-09-04 | Estrada Ingrid A | Sell | 2.00K | $326.10 | 652.20K |
| 2026-08-26 | Reese Scott | Buy | 435 | — | — |
| 2026-08-26 | Reese Scott | Other | 0 | — | — |
| 2026-08-21 | NYE JEAN MCCLUNG | Sell | 3.00K | $319.22 | 957.66K |
| 2026-08-20 | Estrada Ingrid A | Sell | 2.00K | $314.66 | 629.32K |
| 2026-08-01 | POOLE LISA M. | Sell | 32 | $319.08 | 10.21K |
| 2026-07-06 | ALLOUCHE ARNAUD | Buy | 1.47K | — | — |
| 2026-07-06 | ALLOUCHE ARNAUD | Other | 0 | — | — |
| 2026-06-30 | Estrada Ingrid A | Sell | 2.00K | $340.87 | 681.74K |
| 2026-06-25 | Dhanasekaran Satish | Sell | 507 | $361.32 | 183.19K |
| 2026-06-02 | CULLEN JAMES | Sell | 3.00K | $346.58 | 1.04M |
| 2026-05-26 | JUSKIE JO ANN | Sell | 136 | $355.74 | 48.38K |
| 2026-05-18 | Dhanasekaran Satish | Sell | 500 | $340.48 | 170.24K |
| 2026-03-30 | HAMADA RICHARD P | Sell | 870 | $275.78 | 239.93K |
| 2026-03-24 | Dougherty Neil | Sell | 2.00K | $298.37 | 596.74K |
| 2026-03-24 | Dhanasekaran Satish | Sell | 1.67K | $300.00 | 500.10K |
| 2026-03-24 | Li Jeffrey K | Sell | 2.00K | $297.19 | 594.38K |
| 2026-03-20 | Holthaus Michelle Johnston | Buy | 870 | — | — |
| 2026-03-20 | HAMADA RICHARD P | Buy | 870 | — | — |
| 2026-03-20 | CULLEN JAMES | Buy | 870 | — | — |
| 2026-03-20 | Dockendorff Charles J | Buy | 870 | — | — |
| 2026-03-20 | Nersesian Ronald S. | Buy | 870 | — | — |
| 2026-03-20 | NYE JEAN MCCLUNG | Buy | 870 | — | — |
| 2026-03-20 | Jensen Keith | Buy | 870 | — | — |
| 2026-03-20 | Stephens Kevin A | Buy | 870 | — | — |
| 2026-03-20 | Olsen Joanne Beth | Buy | 870 | — | — |
| 2026-03-19 | Dhanasekaran Satish | Sell | 1.67K | $290.00 | 483.43K |
| 2026-03-17 | Nersesian Ronald S. | Sell | 30.00K | $285.96 | 8.58M |
| 2026-02-27 | JUSKIE JO ANN | Sell | 1.00K | $304.42 | 304.42K |
| 2026-02-20 | Estrada Ingrid A | Sell | 2.00K | $237.68 | 475.36K |
| 2026-01-12 | Nersesian Ronald S. | Sell | 5.01K | $206.35 | 1.03M |
| 2025-12-30 | YOON SUNG | Sell | 889 | $206.66 | 183.68K |
| 2025-12-30 | YOON SUNG | Sell | 500 | — | — |
| 2025-12-30 | Dougherty Neil | Sell | 561 | — | — |
| 2025-12-22 | Dougherty Neil | Sell | 1.00K | $203.72 | 203.72K |
| 2025-12-11 | KARY JASON ANDREW | Sell | 112 | $201.40 | 22.56K |
| 2025-12-11 | Dougherty Neil | Sell | 358 | $201.40 | 72.10K |
| 2025-12-11 | JUSKIE JO ANN | Sell | 203 | $201.40 | 40.88K |
| 2025-12-11 | YOON SUNG | Sell | 152 | $201.40 | 30.61K |
| 2025-12-11 | PAGE JOHN | Sell | 70 | $201.40 | 14.10K |
| 2025-12-11 | Estrada Ingrid A | Sell | 218 | $201.40 | 43.91K |
| 2025-12-11 | Dhanasekaran Satish | Sell | 2.40K | — | — |
| 2025-12-10 | PAGE JOHN | Sell | 15.00K | $213.48 | 3.20M |
| 2025-12-10 | PAGE JOHN | Sell | 150 | — | — |
| 2025-12-10 | NYE JEAN MCCLUNG | Sell | 485 | — | — |
| 2025-12-09 | Dhanasekaran Satish | Sell | 4.23K | $211.43 | 894.35K |
| 2025-12-04 | NYE JEAN MCCLUNG | Sell | 2.50K | — | — |
| 2025-12-03 | Li Jeffrey K | Sell | 3.93K | $200.84 | 790.10K |
| 2025-12-03 | Li Jeffrey K | Sell | 200 | — | — |
| 2025-12-01 | PAGE JOHN | Sell | 3.17K | $196.42 | 623.63K |
| 2025-12-01 | Estrada Ingrid A | Sell | 4.83K | $196.42 | 948.12K |
| 2025-12-01 | Dhanasekaran Satish | Sell | 12.53K | $196.42 | 2.46M |
| 2025-12-01 | NARAYANAN KAILASH | Sell | 3.20K | $196.42 | 628.74K |
| 2025-11-28 | Nersesian Ronald S. | Sell | 30.00K | $196.88 | 5.91M |
| 2025-11-21 | POOLE LISA M. | Sell | 45 | $172.71 | 7.77K |
| 2025-11-20 | Dhanasekaran Satish | Sell | 4.05K | $169.67 | 687.16K |
| 2025-11-20 | Li Jeffrey K | Sell | 933 | $169.67 | 158.30K |
| 2025-11-20 | YOON SUNG | Sell | 185 | $169.67 | 31.39K |
| 2025-11-20 | POOLE LISA M. | Sell | 122 | $169.67 | 20.70K |
| 2025-11-20 | Estrada Ingrid A | Buy | 9.27K | — | — |
| 2025-11-20 | Estrada Ingrid A | Sell | 959 | $169.67 | 162.71K |
| 2025-11-20 | Dougherty Neil | Sell | 1.55K | $169.67 | 262.82K |
| 2025-11-20 | NARAYANAN KAILASH | Sell | 966 | $169.67 | 163.90K |
| 2025-11-20 | JUSKIE JO ANN | Sell | 109 | $169.67 | 18.49K |
| 2025-11-20 | PAGE JOHN | Sell | 465 | $169.67 | 78.90K |
| 2025-11-20 | KARY JASON ANDREW | Sell | 415 | $169.67 | 70.41K |
| 2025-11-20 | Jensen Keith | Buy | 397 | — | — |
| 2025-11-20 | Jensen Keith | Other | 0 | — | — |
| 2025-11-19 | Dhanasekaran Satish | Buy | 33.27K | — | — |
| 2025-11-19 | Dhanasekaran Satish | Buy | 15.78K | — | — |
| 2025-11-19 | Dhanasekaran Satish | Sell | 7.82K | $174.61 | 1.37M |
| 2025-11-19 | Li Jeffrey K | Buy | 7.84K | — | — |
| 2025-11-19 | Li Jeffrey K | Buy | 4.17K | — | — |
| 2025-11-19 | Li Jeffrey K | Sell | 2.07K | $174.61 | 361.09K |
| 2025-11-19 | YOON SUNG | Buy | 6.43K | — | — |
| 2025-11-19 | YOON SUNG | Buy | 507 | — | — |
| 2025-11-19 | YOON SUNG | Sell | 24 | $174.61 | 4.19K |
| 2025-11-19 | POOLE LISA M. | Buy | 1.68K | — | — |
| 2025-11-19 | POOLE LISA M. | Buy | 540 | — | — |
| 2025-11-19 | POOLE LISA M. | Sell | 188 | $174.61 | 32.83K |
| 2025-11-19 | Estrada Ingrid A | Buy | 4.30K | — | — |
| 2025-11-19 | Estrada Ingrid A | Sell | 2.13K | $174.61 | 372.79K |
| 2025-11-19 | Dougherty Neil | Buy | 15.21K | — | — |
| 2025-11-19 | Dougherty Neil | Buy | 8.05K | — | — |
| 2025-11-19 | Dougherty Neil | Sell | 3.99K | $174.61 | 697.04K |
| 2025-11-19 | NARAYANAN KAILASH | Buy | 11.40K | — | — |
| 2025-11-19 | NARAYANAN KAILASH | Buy | 3.81K | — | — |
| 2025-11-19 | NARAYANAN KAILASH | Sell | 1.80K | $174.61 | 313.95K |
| 2025-11-19 | JUSKIE JO ANN | Buy | 4.41K | — | — |
| 2025-11-19 | JUSKIE JO ANN | Buy | 362 | — | — |
| 2025-11-19 | JUSKIE JO ANN | Sell | 180 | $174.61 | 31.43K |
| 2025-11-19 | PAGE JOHN | Buy | 2.97K | — | — |
| 2025-11-19 | PAGE JOHN | Buy | 2.57K | — | — |
| 2025-11-19 | PAGE JOHN | Sell | 1.28K | $174.61 | 222.98K |
| 2025-11-19 | KARY JASON ANDREW | Buy | 4.75K | — | — |
Latest filed quarter: Q2 2026.
Institutions holding: 1.30K, holders +123 vs prior quarter. Ownership 89.91%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 20.08M | 1.47M | +7.92% | 7.03B |
| VANGUARD CAPITAL MANAGEMENT LLC | 11.19M | 32.33K | +0.29% | 3.92B |
| PRICE T ROWE ASSOCIATES INC /MD/ | 9.61M | -5.32M | -35.64% | 3.37B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 8.62M | 481 | +0.01% | 3.02B |
| STATE STREET CORP | 8.27M | 273.04K | +3.41% | 2.90B |
| GEODE CAPITAL MANAGEMENT, LLC | 4.78M | 158.49K | +3.43% | 1.67B |
| CAPITAL WORLD INVESTORS | 3.43M | 59.44K | +1.76% | 1.20B |
| T. ROWE PRICE INVESTMENT MANAGEMENT, INC. | 2.62M | -446.15K | -14.54% | 918.08M |
| FMR LLC | 2.38M | 1.20M | +101.90% | 832.72M |
| INVESCO LTD. | 2.33M | 376.11K | +19.22% | 816.80M |
| NORGES BANK | 2.19M | 2.19M | New | 766.80M |
| AMUNDI | 2.08M | -147.65K | -6.64% | 726.96M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 2.06M | 505.13K | +32.59% | 719.48M |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC | 2.00M | 3.66K | +0.18% | 701.15M |
| NORTHERN TRUST CORP | 1.95M | 3.46K | +0.18% | 682.85M |
| MORGAN STANLEY | 1.88M | 14.28K | +0.77% | 657.42M |
| ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC | 1.60M | -408.47K | -20.37% | 535.93M |
| VICTORY CAPITAL MANAGEMENT INC | 1.40M | -81.83K | -5.52% | 489.91M |
| LEGAL & GENERAL GROUP PLC | 1.33M | -48.09K | -3.50% | 464.02M |
| AMERIPRISE FINANCIAL INC | 1.30M | 47.92K | +3.84% | 453.48M |
| NUVEEN, LLC | 1.21M | 350.06K | +40.75% | 423.28M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 1.10M | 1.10M | New | 385.61M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.10M | 11.65K | +1.07% | 385.61M |
| DIMENSIONAL FUND ADVISORS LP | 1.09M | -128.05K | -10.52% | 381.44M |
| DEUTSCHE BANK AG\ | 1.03M | 77.10K | +8.06% | 361.98M |
Keysight Technologies, Inc. (KEYS) trades at $336.75, with a market cap of $57.33B and a trailing P/E of 45.05. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 2918000000 | 3189000000 | 3878000000 | 4303000000 | 4221000000 | 4941000000 | 5420000000 | 5464000000 | 4979000000 | 5375000000 |
Insights · Dividends · Forecast · Financials · Learn
$57.33B
Market Cap
45.05
P/E
29.39
Forward P/E
59
Score