Keysight Technologies, Inc. (KEYS) Factsheet
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Keysight Technologies, Inc. (KEYS) Stock Analysis
Analysis from 10-Q filed 2026-09-02. Data as of Q3 2026.
Overall Grade: F (Concerning)
Grade F (Concerning). ROIC 13.9%. FCF margin 22.3%. D/E 0.4x. Source: 10-Q filed 2026-09-02.
| Metric | Value | Context |
|---|---|---|
| ROIC | 13.9% | Solid returns |
| FCF Margin | 22.3% | Strong cash generation |
| Debt/Equity | 0.4x | Conservative leverage |
ROIC 13.9% — Top 25% of sector peers. FCF margin 22.3% — Top 5%.
Explore Keysight Technologies, Inc.: Earnings History | Filings
Programmatic access: Available via MCP at mcp.metricduck.com. Tools for KEYS: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_changes, get_metric_history, compare_companies, screen_filing_signals.
Profitability: Keysight Technologies, Inc. earns 13.9% ROIC, Top 25% in Other
ROIC TTM 13.9%, sector median 3.0%, Top 25%. DuPont: NOPAT margin 18.3% × asset turnover 0.6x. Gross margin 64.7%. Operating margin 20.3%. Source: 10-Q filed 2026-09-02.
| Metric | KEYS | Rating | Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 13.9% | Good | Above sector median of 3.0% |
| Return on Equity (ROE) | 20.5% | Excellent | Efficient use of shareholder equity |
| Gross Margin | 64.7% | Excellent | Strong pricing power |
| Operating Margin | 20.3% | Excellent | Efficient operations |
Cash Flow: Keysight Technologies, Inc. generates $1.5B FCF at 22.3% margin, positive NaN/8 quarters
FCF TTM $1.5B. FCF margin 22.3%, Top 5%. OCF/Net income 1.3x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2026-09-02.
| Metric | KEYS | Rating | Context |
|---|---|---|---|
| Free Cash Flow Margin | 22.3% | Excellent | Excellent cash conversion |
| Free Cash Flow (TTM) | $1.5B | Good | Positive cash generation |
| OCF/Net Income | 1.3x | Excellent | High earnings quality |
| FCF Consistency (8Q) | N/A | Warning | Variable cash flow |
Balance Sheet: Keysight Technologies, Inc. at 0.4x leverage, 12.3x interest coverage
Debt/Equity 0.4x. Net cash $88.0M. Interest coverage 12.3x. Source: 10-Q filed 2026-09-02.
| Metric | KEYS | Rating | Context |
|---|---|---|---|
| Debt to Equity | 0.4x | Good | Conservative capital structure |
| Net Cash Position | $88.0M | Excellent | Net cash positive |
| Interest Coverage | 12.3x | Excellent | Comfortable debt service |
Valuation: Keysight Technologies, Inc. trades at 49.6x earnings
P/E 49.6x. EV/Sales 9.4x. FCF yield 2.4%. Source: 10-Q filed 2026-09-02.
| Metric | KEYS | Rating | Context |
|---|---|---|---|
| P/E Ratio | 49.6x | Adequate | Premium valuation |
| EV/Sales | 9.4x | Adequate | Growth premium priced in |
| FCF Yield | 2.4% | Adequate | Lower cash yield |
Capital Allocation: Keysight Technologies, Inc. returns 1.0% shareholder yield, reducing shares 0.9% YoY
Total shareholder yield 1.0% (buyback 1.0%). Share count -0.9% YoY. Capital returned $617.0M TTM. Source: 10-Q filed 2026-09-02.
| Metric | KEYS | Rating | Context |
|---|---|---|---|
| Total Shareholder Yield | 1.0% | Adequate | Dividend + buyback yield combined |
| Buyback Yield | 1.0% | Adequate | Minimal buyback activity |
| Share Count Change (YoY) | -0.9% | Adequate | Net share reduction (accretive) |
| Total Capital Returned (TTM) | $617.0M | Good | Dividends + buybacks returned to shareholders |
Sector Rankings
| Metric | Value | Percentile | vs Median |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 13.9% | Top 25% | 4.6x above |
| Free Cash Flow Margin | 22.3% | Top 5% | 9.4x above |
| Gross Margin | 64.7% | Top 25% | 2.2x above |
| Operating Margin | 20.3% | Top 5% | 5.6x above |
| Return on Equity (ROE) | 20.5% | Top 10% | 3.3x above |
| P/E Ratio | 49.6x | N/A | - |
Financial Scorecard
| Metric | KEYS | Rating | Sector Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 13.9% | Good | Top 25% of sector (median: 3.0%) |
| Free Cash Flow Margin | 22.3% | Excellent | Top 5% of sector (median: 2.4%) |
| Gross Margin | 64.7% | Excellent | Top 25% of sector (median: 29.3%) |
| Debt to Equity Ratio | 38.3% | Good | Moderate leverage |
| P/E Ratio (Price-to-Earnings) | 49.6x | Adequate | High expectations priced in |
| Free Cash Flow Yield | 2.4% | Warning | Growth-focused valuation |
Frequently Asked Questions
Q: What is Keysight Technologies, Inc.'s Return on Invested Capital (ROIC)?
Keysight Technologies, Inc. (KEYS) has a trailing twelve-month Return on Invested Capital (ROIC) of 13.9%. The 8-quarter median ROIC is 9.9% with a improving trend. Sector median 3.0%. Source: 10-Q filed 2026-09-02.
Q: What is Keysight Technologies, Inc.'s Free Cash Flow Margin?
Keysight Technologies, Inc. (KEYS) has a free cash flow margin of 22.3%, generating $1.5 billion in free cash flow over the trailing twelve months. Source: 10-Q filed 2026-09-02.
Q: What is Keysight Technologies, Inc.'s P/E ratio and how does it compare to peers?
Keysight Technologies, Inc. (KEYS) trades at a P/E ratio of 49.6x, which is above the sector median of N/A. EV/Sales 9.4x. FCF yield 2.4%. Source: 10-Q filed 2026-09-02.
Q: What is Keysight Technologies, Inc.'s revenue and earnings growth?
Keysight Technologies, Inc. (KEYS) grew revenue by 25.5% year-over-year. EPS +132.6% YoY. Source: 10-Q filed 2026-09-02.
Q: Is Keysight Technologies, Inc. buying back stock?
Keysight Technologies, Inc. (KEYS) repurchased $617.0 million of stock over the trailing twelve months. This represents a buyback yield of 1.0%. Share count -0.9% YoY. Source: 10-Q filed 2026-09-02.
Q: How does Keysight Technologies, Inc. compare to competitors in Other?
Compared to other companies in Other, Keysight Technologies, Inc. (KEYS) shows: ROIC 13.9%, sector median 3.0% (Top 25%). FCF margin 22.3%, sector median 2.4% (Top 5%). Gross margin 64.7%, 35.4pp above sector median. These rankings are based on MetricDuck's analysis of all Other companies with available SEC filings.
Q: What warning signs should I watch for with Keysight Technologies, Inc.?
No quantitative warning flags fired for Keysight Technologies, Inc. (KEYS) on margin trend, FCF trend, ROIC trend, or leverage thresholds. Source: 10-Q filed 2026-09-02.
Data Source: Data sourced from 10-Q filed 2026-09-02. TTM metrics as of Q3 2026.
Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.
Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.
This analysis is for informational purposes only and does not constitute investment advice.