EMR vs KEYS vs KLAC Stock Comparison

Emerson Electric, Keysight Technologies and Kla Prices as of Oct 23, 2026 Peers: Industry group
EMR Emerson Electric Co
$161.60 +4.6% 1M +21.3% 1Y
Market cap
$90.47B
P/E
35.1x
Revenue (TTM)
$18.64B
Div. yield
0.01%
Pumps and Valves Industrials
4 wins
KLAC Kla Corp
$145.61 -22.5% 1M +25.6% 1Y
Market cap
$195.64B
P/E
40.5x
Revenue (TTM)
$13.58B
Div. yield
0.01%
Semiconductor Equipment Technology
4 wins

Head to Head

12 decided of 12

Kla leads on 4 of the 12 questions below (Kla 4, Emerson Electric 4, Keysight Technologies 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEMRKEYSKLACLeader
Larger companyMarket capitalisation $90.47B $55.73B $195.64B KLAC
Cheaper on earningsLower P/E, profitable companies only 35.1x 44.2x 40.5x EMR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 24.0x 29.4x 25.7x EMR
Faster revenue growthRevenue growth, trailing twelve months +4.8% +25.5% +11.7% KEYS
More profitableNet margin, trailing twelve months 13.8% 19.1% 35.6% KLAC
Better return on capitalReturn on invested capital 10.9% 13.4% 40.7% KLAC
Less leveragedLower net debt / EBITDA 1.8x -0.1x 0.7x KEYS
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.01% EMR
Better 1-year returnPrice return, last 12 months +21.3% +86.8% +25.6% KEYS
Better 5-year returnAnnualised price return, 5 years +10.8%/yr +12.3%/yr +33.6%/yr KLAC
Less volatileAnnualised volatility, 1 year 31.7% 45.0% 61.4% EMR
Higher overall scoreMean of the five percentile scores vs peers 45/100 63/100 59/100 KEYS

Percentile Scorecard

EMRKEYSKLAC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEMRKEYSKLAC
Valuation 35 #133 of 203 27 #82 of 112 38 #59 of 95
Growth 40 #113 of 188 64 #40 of 109 54 #43 of 93
Profitability 85 #29 of 187 89 #13 of 105 97 #4 of 91
Financial Health 29 #158 of 222 54 #54 of 117 21 #81 of 102
Shareholder Returns 36 #99 of 153 80 #17 of 82 84 #13 of 76
Overall 45 63 59
  • EMR ranked among 222 companies in Machinery
  • KEYS ranked among 122 companies in Computer Hardware
  • KLAC ranked among 104 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEMRKEYSKLACSPY
1 month +4.6%-11.0%-22.5% -1.0%
3 months +9.2%-1.3%-30.8% +2.9%
6 months +14.3%-9.3%-24.7% +6.4%
Year to date +21.8%+54.8%+19.8% +11.4%
1 year +21.3%+86.8%+25.6% +13.1%
3 years +78.1%+157.4%+209.6% +79.4%
3 years, per year +21.2%+37.1%+45.8% +21.5%
5 years +67.2%+78.5%+324.5% +67.7%
5 years, per year +10.8%+12.3%+33.6% +10.9%
10 years +222.5%+868.3%+1,877.3% +255.2%
10 years, per year +12.4%+25.5%+34.8% +13.5%

Risk

MeasureEMRKEYSKLACSPY
Volatility, 1Y 31.7%45.0%61.4% 12.7%
Downside volatility, 1Y 33.3%43.9%65.4% 12.7%
Beta vs S&P 500, 1Y 1.521.892.79 1.00
Return / volatility, 1Y 0.671.930.42 1.03
Max drawdown, 5Y -29.9%-42.6%-51.7% -25.4%
From 52-week high -1.7%-18.9%-51.7% -2.5%
52-week high $164.37$387.90$301.71 $779.14
52-week low $123.30$167.77$109.71 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEMRKEYSKLAC
P/E now vs peer median 35.0xmedian 25.9x 42.7xmedian 31.3x 39.5xmedian 41.5x
P/S now vs peer median 4.8xmedian 1.9x 8.1xmedian 2.6x 14.0xmedian 6.9x
EV/EBITDA now vs peer median 16.4xmedian 13.7x 31.0xmedian 19.6x 32.1xmedian 27.3x
P/FCF now vs peer median 26.0xmedian 21.1x 36.5xmedian 28.3x 50.5xmedian 35.6x
P/B now vs peer median 4.4xmedian 2.3x 8.2xmedian 2.9x 30.0xmedian 4.2x
PEG now vs peer median -0.84median 1.19 8.75median 1.15 2.66median 2.31

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEMRKEYSKLAC
Revenue $18.64B $6.58B $13.58B
Gross profit $9.91B $4.26B $8.32B
Operating income $4.68B $1.33B $5.66B
Net income $2.58B $1.26B $4.83B
Free cash flow $3.46B $1.47B $3.77B
R&D – $1.19B $1.53B
EPS (diluted) $4.59 $7.28 $3.66
Cash & equivalents $2.18B $2.61B $1.65B
Total debt $54.11B $2.52B $5.89B
Shares (diluted) 561.10M 173.00M 1.32B
Enterprise value $83.21B $46.66B $187.80B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEMRKEYSKLAC
P/E 35.0x 42.7x 39.5x
P/FCF 26.0x 36.5x 50.5x
P/Operating cash flow 23.0x 33.4x 45.9x
P/S 4.8x 8.1x 14.0x
P/B 4.4x 8.2x 30.0x
P/Tangible book 7.7x 9.8x 31.2x
EV/EBITDA 16.4x 31.0x 32.1x
EV/EBIT 21.6x 40.1x 34.4x
EV/Revenue 5.4x 8.1x 14.3x
EV/FCF 29.2x 36.4x 51.6x
EV/Operating cash flow 25.8x 33.3x 47.0x
PEG (3Y EPS CAGR) -0.84 8.75 2.66

Growth

14 metrics
MetricEMRKEYSKLAC
Revenue growth (1Y) 4.8% 25.5% 11.7%
Revenue CAGR (3Y) 7.6% 5.6% 9.0%
Gross profit growth (1Y) 5.7% 30.2% 12.4%
Gross profit CAGR (3Y) 11.0% 5.8% 9.9%
Operating income growth (1Y) 9.2% 49.9% 12.9%
Operating income CAGR (3Y) 13.6% -2.1% 12.3%
Net income growth (1Y) -3.0% 131.6% 18.9%
Net income CAGR (3Y) -42.0% 3.7% 12.6%
EPS growth (1Y) -2.2% 131.6% 20.5%
EPS CAGR (3Y) -41.6% 4.9% 14.9%
Operating cash flow growth (1Y) 4.4% 4.0% 1.5%
Operating cash flow CAGR (3Y) 10.1% 4.0% 4.1%
Free cash flow growth (1Y) 4.4% 3.8% 0.5%
Free cash flow CAGR (3Y) 9.4% 6.6% 4.2%

Profitability

14 metrics
MetricEMRKEYSKLAC
Gross margin 53.2% 64.7% 61.3%
EBITDA margin 33.1% 26.2% 44.6%
Operating margin 25.1% 20.3% 41.7%
Pretax margin 17.6% 21.5% 41.3%
Net margin 13.8% 19.1% 35.6%
FCF margin 18.6% 22.3% 27.7%
Operating cash flow margin 21.0% 24.4% 30.5%
Return on equity 12.7% 19.8% 79.3%
Return on assets 6.1% 10.8% 27.7%
Return on invested capital 10.9% 13.4% 40.7%
Return on capital employed 14.9% 14.5% 43.2%
Asset turnover 0.4x 0.6x 0.8x
Cash conversion (OCF / net income) 1.5x 1.3x 0.9x
Stock comp / revenue 1.3% 3.3% 2.3%

Financial Health

11 metrics
MetricEMRKEYSKLAC
Debt / assets 31.1% 21.1% 32.8%
Debt / equity 0.6x 0.4x 0.9x
Net debt / EBITDA 1.8x -0.1x 0.7x
Debt / FCF 3.8x 1.7x 1.6x
Liabilities / assets 51.7% 44.9% 64.6%
Equity / assets 48.3% 55.1% 35.4%
Interest coverage – 12.3x 19.9x
Current ratio 0.9x 2.0x 2.9x
Quick ratio 0.5x 1.4x 1.1x
Cash ratio 0.2x 1.0x 0.4x
Altman Z-score 4.63 8.15 12.47

Shareholder Returns

7 metrics
MetricEMRKEYSKLAC
Dividend yield 1.4% – 0.6%
Net buyback yield 1.0% 2.2% 1.1%
Shareholder yield 2.4% 2.2% 1.7%
Payout ratio (earnings) 47.8% – 21.9%
Payout ratio (FCF) 35.6% – 28.1%
Dividend growth (1Y) 3.1% – 17.2%
Dividend CAGR (3Y) 0.7% – 13.1%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEMRKEYSKLAC
Forward P/E 24.0xFY2026 29.4xFY2026 25.7xFY2027
EPS, next fiscal year $6.74FY2026 $10.71FY2026 $5.67FY2027
EPS growth, next FY +12.3%FY2026 +49.6%FY2026 +50.8%FY2027
EPS growth, the year after +15.4% +20.4% +16.8%
Revenue, next fiscal year $18.13BFY2026 $6.71BFY2026 $19.18BFY2027
Revenue growth, next FY +0.6%FY2026 +24.8%FY2026 +41.2%FY2027
Revenue growth, the year after +15.3% +18.9% +8.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEMRKEYSKLAC
Held by institutions 82.1% 89.8% 91.0%
Institutions holding 2,290 1,246 2,478
Change in shares held, QoQ +0.9% +1.2% +4.2%
Institutions buying 1,080 674 1,285
Institutions selling 798 380 982
Buyers to sellers 1.35 1.77 1.31

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EMRKEYSKLAC
EMR 1.00 0.51 0.49
KEYS 0.51 1.00 0.62
KLAC 0.49 0.62 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EMR, KEYS and KLAC?

Kla (KLAC) is the largest by market capitalisation: Emerson Electric (EMR) $90.47B, Keysight Technologies (KEYS) $55.73B, Kla (KLAC) $195.64B.

Which stock is cheaper, EMR, KEYS and KLAC?

Emerson Electric (EMR) trades on the lowest price-to-earnings ratio (Emerson Electric (EMR) 35.1x, Keysight Technologies (KEYS) 44.2x, Kla (KLAC) 40.5x). On next year's consensus earnings, Emerson Electric (EMR) is cheapest (Emerson Electric (EMR) 24.0x, Keysight Technologies (KEYS) 29.4x, Kla (KLAC) 25.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Keysight Technologies (KEYS) grew revenue fastest over the trailing twelve months: Emerson Electric (EMR) +4.8%, Keysight Technologies (KEYS) +25.5%, Kla (KLAC) +11.7%.

Which company is more profitable?

Kla (KLAC) has the highest net margin (Emerson Electric (EMR) 13.8%, Keysight Technologies (KEYS) 19.1%, Kla (KLAC) 35.6%). On return on invested capital, Kla (KLAC) leads (Emerson Electric (EMR) 10.9%, Keysight Technologies (KEYS) 13.4%, Kla (KLAC) 40.7%).

Which stock has performed better?

Over the past year Keysight Technologies (KEYS) returned the most: Emerson Electric (EMR) +21.3%, Keysight Technologies (KEYS) +86.8%, Kla (KLAC) +25.6%. Over five years, Kla (KLAC) compounded fastest (Emerson Electric (EMR) +10.8%/yr, Keysight Technologies (KEYS) +12.3%/yr, Kla (KLAC) +33.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Emerson Electric (EMR) has the highest dividend yield: Emerson Electric (EMR) 0.01%, Keysight Technologies (KEYS) 0.00%, Kla (KLAC) 0.01%. Keysight Technologies (KEYS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Emerson Electric (EMR) has been the steadiest (Emerson Electric (EMR) 31.7%, Keysight Technologies (KEYS) 45.0%, Kla (KLAC) 61.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EMR, KEYS and KLAC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Kla (KLAC) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.