Keysight Technologies (KEYS) FCF Margin (2014 - 2026)
Keysight Technologies' FCF Margin came in at 21.83% for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 0.31 percentage points from 21.52% a year earlier but down 5.66 percentage points from the prior quarter.
Keysight Technologies (KEYS) FCF Margin (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Keysight Technologies reported FCF Margin of 22.32%, down 4.67 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it was 23.83%, up 5.80 percentage points from FY2024.
- FCF Margin carries a five-year change of +2.53 percentage points (FY2020 to FY2025).
- Going back by fiscal year, FCF Margin was 18.04% in FY2024 (-4.13 pp), 22.16% in FY2023 (+4.47 pp), 17.69% in FY2022 (-5.54 pp) and 23.23% in FY2021 (+1.94 pp).
- The five-year range for quarterly FCF Margin is 6.09% (fiscal Q2 2024) to 34.99% (fiscal Q2 2025).
- Year-over-year, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of +1.93 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in fiscal Q2 2025 (a gain of 28.91 percentage points), and the weakest in fiscal Q2 2024 (a drop of 20.53 percentage points).
- Business Quant data shows KEYS's FCF Margin at 27.49% (Q2 2026), 25.44% (Q1 2026) and 13.18% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,973.70 Bn | 4,721.19 Bn | 54.77 Bn | 29.17% |
| 2 | Cisco Systems | 421.27 Bn | 357.20 Bn | 11.06 Bn | 28.96% |
| 3 | Dell Technologies | 297.70 Bn | 253.45 Bn | 9.83 Bn | 2.10% |
| 4 | Arista Networks | 229.14 Bn | 182.59 Bn | 1.91 Bn | 34.70% |
| 5 | Sandisk | 200.83 Bn | 189.36 Bn | 7.58 Bn | 79.01% |
| 6 | Sony | 150.33 Bn | 87.59 Bn | 6.53 Bn | 11.82% |
| 7 | Seagate Technology Holdings | 147.86 Bn | 142.86 Bn | 1.90 Bn | 30.81% |
| 8 | Western Digital | 125.50 Bn | 113.63 Bn | 2.03 Bn | 34.19% |
| 9 | Hewlett Packard Enterprise | 74.88 Bn | 52.76 Bn | 4.93 Bn | 7.34% |
| 10 | Keysight Technologies | 57.27 Bn | 48.20 Bn | 1.22 Bn | 21.83% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 21.83% |
| Apr 30, 2026 | 27.49% |
| Jan 31, 2026 | 25.44% |
| Oct 31, 2025 | 13.18% |
| Jul 31, 2025 | 21.52% |
| Apr 30, 2025 | 34.99% |
| Jan 31, 2025 | 26.66% |
| Oct 31, 2024 | 24.94% |
| Jul 31, 2024 | 18.24% |
| Apr 30, 2024 | 6.09% |
| Jan 31, 2024 | 22.32% |
| Oct 31, 2023 | 25.86% |
| Jul 31, 2023 | 14.18% |
| Apr 30, 2023 | 26.62% |
| Jan 31, 2023 | 22.16% |
| Oct 31, 2022 | 23.56% |
| Jul 31, 2022 | 13.95% |
| Apr 30, 2022 | 18.13% |
| Jan 31, 2022 | 14.56% |
| Oct 31, 2021 | 22.80% |
Keysight Technologies FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=KEYS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "KEYS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=KEYS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();