Keysight Technologies, Inc.
Keysight Technologies, Inc. (KEYS) is listed on NYSE and classified in Scientific & Technical Instruments, part of the Technology sector. It is headquartered in Santa Rosa, United States and has 16,600 employees. The company is worth $53.03B and trades at 46.2x its earnings of the last twelve months; the median for its sector is 28.0x. Revenue was $5.38B in fiscal 2025, up 8.0% from the year before. Net income was $850M. The share price is 20.1% below its 52-week high of $389.93. 8 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $346.09M. In that quarter, 5 of them opened or added to the position and 2 reduced it. Over the last 30 days, company insiders sold $1.16M of its stock on the open market and bought none.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +70.3% over 5Y.
today you would have $1,839.85▲ +84.0%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 12 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $203.19 | $160.63 | $159.09 | $171.07 | $206.51 | $132.09 | $102.63 | $62.08 | $41.60 | $36.57 | $28.33 | $33.77 | |
| P/E | 35.7x | 41.4x | 45.8x | 26.9x | 27.7x | 43.2x | 39.9x | 31.6x | 72.2x | 74.3x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 8.2% a year plus a 0.0% dividend yield. Growth capped at 25%.
Median P/E of 28.0 among peers in the sector.
Median P/E of 35.7 across this company’s own years on record.
Cash flow growing 8.2% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 14.3x operating profit, less net debt. Banks have no EBITDA.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Technology, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| ADSKAutodesk, Inc. | $254.95 | 33.1x | 15.8x | 0.00% | 53.85% | $53.28B |
| INFYInfosys Ltd | $13.22 | 16.3x | 11.1x | 3.93% | 32.00% | $53.55B |
| WDAYWorkday, Inc. | $209.99 | 42.8x | 7.8x | 0.00% | 16.01% | $50.61B |
| TEAMAtlassian Corp | $223.16 |
| 18.8x |
| 9.4x |
| 14.4x |
| P/S | 4.8x | 6.5x | 5.6x | 5.1x | 5.6x | 7.7x | 5.8x | 4.5x | 3.0x | 2.4x | 2.1x | 1.7x | 1.9x |
| P/B | 6.0x | 5.9x | 5.4x | 6.0x | 7.4x | 10.0x | 7.5x | 6.4x | 4.8x | 3.4x | 4.1x | 3.7x | 7.3x |
| EPS | $4.91 | $3.51 | $5.91 | $6.18 | $4.78 | $3.31 | $3.25 | $0.86 | $0.56 | $1.95 | $3.00 | $2.35 |
| Profit margin | 14.64% | 15.81% | 12.33% | 19.34% | 20.74% | 18.09% | 14.85% | 14.43% | 4.25% | 3.20% | 11.48% | 17.96% | 13.37% |
| ROE | 21.41% | 14.45% | 12.03% | 22.71% | 27.01% | 23.63% | 19.02% | 20.67% | 6.78% | 4.42% | 22.14% | 39.40% | 50.98% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
-60.3% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| — |
| 53.4x |
| 0.00% |
| -4.48% |
| $56.49B |
| GRMNGarmin Ltd | $295.40 | 30.1x | 6.3x | 1.42% | 21.89% | $56.97B |
| MPWRMonolithic Power Systems Inc | $1,167.93 | 78.1x | 14.7x | 0.69% | 21.98% | $57.4B |