Keysight Technologies Inc - Understand $keys stock

$KEYS Market Cap: $26.04 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$5.003B

TTM

Gross Margin

63.44%

TTM

Net Earnings

$913.0M

TTM

Current Assets

$3.996B

Q3 2024

Current Liabilities

$1.949B

Q3 2024

Current Ratio

205.03%

Q3 2024

Total Assets

$9.323B

Q3 2024

Total Liabilities

$4.093B

Q3 2024

Book Value

$5.230B

Q3 2024

Cash

$1.632B

Q3 2024

P/E

28.52

Sep 13, 2024 EST

Free Cash Flow

$917.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$5.464B	$5.420B	$4.941B	$4.221B	$4.303B	$3.878B	$3.189B	$2.918B	$2.856B	$2.933B	$2.888B	$3.315B	$3.316B
YoY Change	0.81%	9.69%	17.06%	-1.91%	10.96%	21.61%	9.29%	2.17%	-2.63%	1.56%	-12.88%	-0.03%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$5.464B	$5.420B	$4.941B	$4.221B	$4.303B	$3.878B	$3.189B	$2.918B	$2.856B	$2.933B	$2.888B	$3.315B	$3.316B
Cost Of Revenue	$1.932B	$1.970B	$1.872B	$1.688B	$1.769B	$1.767B	$1.487B	$1.294B	$1.269B	$1.313B	$1.265B	$1.434B	$1.392B
Gross Profit	$3.532B	$3.450B	$3.069B	$2.533B	$2.534B	$2.111B	$1.702B	$1.624B	$1.587B	$1.620B	$1.623B	$1.881B	$1.924B
Gross Profit Margin	64.64%	63.65%	62.11%	60.01%	58.89%	54.44%	53.37%	55.65%	55.57%	55.23%	56.2%	56.74%	58.02%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Selling, General & Admin	$1.307B	$1.283B	$1.195B	$1.097B	$1.155B	$1.205B	$1.058B	$832.0M	$787.0M	$790.0M	$752.0M	$771.0M	$806.0M
YoY Change	1.87%	7.36%	8.93%	-5.02%	-4.15%	13.89%	27.16%	5.72%	-0.38%	5.05%	-2.46%	-4.34%
% of Gross Profit	37.0%	37.19%	38.94%	43.31%	45.58%	57.08%	62.16%	51.23%	49.59%	48.77%	46.33%	40.99%	41.89%
Research & Development	$882.0M	$841.0M	$811.0M	$715.0M	$688.0M	$624.0M	$507.0M	$434.0M	$387.0M	$361.0M	$375.0M	$377.0M	$381.0M
YoY Change	4.88%	3.7%	13.43%	3.92%	10.26%	23.08%	16.82%	12.14%	7.2%	-3.73%	-0.53%	-1.05%
% of Gross Profit	24.97%	24.38%	26.43%	28.23%	27.15%	29.56%	29.79%	26.72%	24.39%	22.28%	23.11%	20.04%	19.8%
Depreciation & Amortization	$120.0M	$223.0M	$117.0M	$104.0M	$96.00M	$103.0M	$225.0M	$134.0M	$99.00M	$84.00M	$77.00M	$65.00M	$56.00M
YoY Change	-46.19%	90.6%	12.5%	8.33%	-6.8%	-54.22%	67.91%	35.35%	17.86%	9.09%	18.46%	16.07%
% of Gross Profit	3.4%	6.46%	3.81%	4.11%	3.79%	4.88%	13.22%	8.25%	6.24%	5.19%	4.74%	3.46%	2.91%
Operating Expenses	$2.189B	$2.116B	$2.006B	$1.812B	$1.843B	$1.829B	$1.565B	$1.266B	$1.174B	$1.151B	$1.127B	$1.148B	$1.187B
YoY Change	3.45%	5.48%	10.71%	-1.68%	0.77%	16.87%	23.62%	7.84%	2.0%	2.13%	-1.83%	-3.29%
Operating Profit	$1.358B	$1.334B	$1.080B	$765.0M	$711.0M	-$394.0M	$148.0M	$375.0M	$431.0M	$469.0M	$496.0M	$733.0M	$737.0M
YoY Change	1.8%	23.52%	41.18%	7.59%	-280.46%	-366.22%	-60.53%	-12.99%	-8.1%	-5.44%	-32.33%	-0.54%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	$78.00M	-$63.00M	$79.00M	$78.00M	$80.00M	$83.00M	$80.00M	$47.00M	$46.00M	$3.000M	$0.00	-$1.000M	-$1.000M
YoY Change	-223.81%	-179.75%	1.28%	-2.5%	-3.61%	3.75%	70.21%	2.17%	1433.33%		-100.0%	0.0%
% of Operating Profit	5.74%	-4.72%	7.31%	10.2%	11.25%		54.05%	12.53%	10.67%	0.64%	0.0%	-0.14%	-0.14%
Other Income/Expense, Net	-$25.00M	$14.00M	$6.000M	$63.00M	$61.00M	$54.00M	$104.0M	$35.00M	$2.000M	$9.000M	$5.000M	$14.00M	$13.00M
YoY Change	-278.57%	133.33%	-90.48%	3.28%	12.96%	-48.08%	197.14%	1650.0%	-77.78%	80.0%	-64.29%	7.69%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Pretax Income	$1.357B	$1.285B	$1.010B	$761.0M	$715.0M	$735.0M	$598.0M	$515.0M	$559.0M	$601.0M	$583.0M	$746.0M	$749.0M
YoY Change	5.6%	27.23%	32.72%	6.43%	-2.72%	22.91%	16.12%	-7.87%	-6.99%	3.09%	-21.85%	-0.4%
Income Tax	$300.0M	$161.0M	$116.0M	$134.0M	$94.00M	-$576.0M	$77.00M	$31.00M	-$125.0M	$83.00M	$44.00M	-$95.00M	-$38.00M
% Of Pretax Income	22.11%	12.53%	11.49%	17.61%	13.15%	-78.37%	12.88%	6.02%	-22.36%	13.81%	7.55%	-12.73%	-5.07%
Net Earnings	$1.057B	$1.124B	$894.0M	$627.0M	$621.0M	$165.0M	$102.0M	$335.0M	$513.0M	$392.0M	$457.0M	$841.0M	$787.0M
YoY Change	-5.96%	25.73%	42.58%	0.97%	276.36%	61.76%	-69.55%	-34.7%	30.87%	-14.22%	-45.66%	6.86%
Net Earnings / Revenue	19.34%	20.74%	18.09%	14.85%	14.43%	4.25%	3.2%	11.48%	17.96%	13.37%	15.82%	25.37%	23.73%
Basic Earnings Per Share	$5.95	$6.23	$4.84	$3.35	$3.31	$0.88	$0.57	$1.97	$3.04	$2.35	$2.74
Diluted Earnings Per Share	$5.91	$6.176M	$4.78	$3.31	$3.25	$0.86	$0.56	$1.95	$3.00	$2.35	$2.74	$5.042M	$4.718M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$2.472B	$2.042B	$2.052B	$1.756B	$1.598B	$913.0M	$818.0M	$783.0M	$483.0M	$810.0M	$0.00	$0.00
YoY Change	21.06%	-0.49%	16.86%	9.89%	75.03%	11.61%	4.47%	62.11%	-40.37%
Cash & Equivalents	$2.472B	$2.042B	$2.052B	$1.756B	$1.598B	$913.0M	$818.0M	$783.0M	$483.0M	$810.0M	$0.00	$0.00
Short-Term Investments
Other Short-Term Assets	$452.0M	$429.0M	$270.0M	$255.0M	$244.0M	$222.0M	$224.0M	$160.0M	$211.0M	$162.0M	$130.0M	$129.0M
YoY Change	5.36%	58.89%	5.88%	4.51%	9.91%	-0.89%	40.0%	-24.17%	30.25%	24.62%	0.78%
Inventory	$985.0M	$858.0M	$777.0M	$757.0M	$705.0M	$619.0M	$588.0M	$474.0M	$487.0M	$498.0M	$502.0M	$472.0M
Prepaid Expenses
Receivables	$900.0M	$905.0M	$735.0M	$606.0M	$668.0M	$624.0M	$547.0M	$437.0M	$398.0M	$380.0M	$340.0M	$392.0M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$4.809B	$4.234B	$3.834B	$3.374B	$3.215B	$2.378B	$2.177B	$1.854B	$1.579B	$1.850B	$972.0M	$993.0M
YoY Change	13.58%	10.43%	13.63%	4.95%	35.2%	9.23%	17.42%	17.42%	-14.65%	90.33%	-2.11%
Property, Plant & Equipment	$987.0M	$910.0M	$877.0M	$777.0M	$576.0M	$555.0M	$530.0M	$512.0M	$518.0M	$470.0M	$469.0M	$493.0M
YoY Change	8.46%	3.76%	12.87%	34.9%	3.78%	4.72%	3.52%	-1.16%	10.21%	0.21%	-4.87%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$81.00M	$62.00M	$70.00M	$61.00M	$46.00M	$46.00M	$63.00M	$55.00M	$70.00M	$63.00M	$44.00M	$26.00M
YoY Change	30.65%	-11.43%	14.75%	32.61%	0.0%	-26.98%	14.55%	-21.43%	11.11%	43.18%	69.23%
Other Assets	$1.011B	$1.121B	$1.100B	$1.108B	$1.087B	$1.029B	$426.0M	$431.0M	$395.0M	$257.0M	$104.0M	$126.0M
YoY Change	-9.81%	1.91%	-0.72%	1.93%	5.64%	141.55%	-1.16%	9.11%	53.7%	147.12%	-17.46%
Total Long-Term Assets	$3.874B	$3.864B	$3.947B	$3.844B	$3.408B	$3.446B	$3.756B	$1.942B	$1.929B	$1.200B	$1.056B	$1.140B
YoY Change	0.26%	-2.1%	2.68%	12.79%	-1.1%	-8.25%	93.41%	0.67%	60.75%	13.64%	-7.37%
Total Assets	$8.683B	$8.098B	$7.781B	$7.218B	$6.623B	$5.824B	$5.933B	$3.796B	$3.508B	$3.050B	$2.028B	$2.133B
YoY Change
Accounts Payable	$286.0M	$348.0M	$287.0M	$224.0M	$253.0M	$242.0M	$211.0M	$189.0M	$209.0M	$298.0M	$131.0M	$156.0M
YoY Change	-17.82%	21.25%	28.13%	-11.46%	4.55%	14.69%	11.64%	-9.57%	-29.87%	127.48%	-16.03%
Accrued Expenses	$533.0M	$468.0M	$470.0M	$401.0M	$355.0M	$338.0M	$277.0M	$226.0M	$242.0M	$221.0M	$184.0M	$182.0M
YoY Change	13.89%	-0.43%	17.21%	12.96%	5.03%	22.02%	22.57%	-6.61%	9.5%	20.11%	1.1%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$599.0M			$1.000M	$0.00	$500.0M	$11.00M
YoY Change					-100.0%	4445.45%
Total Short-Term Liabilities	$2.049B	$1.407B	$1.309B	$1.081B	$1.003B	$1.462B	$819.0M	$644.0M	$686.0M	$769.0M	$560.0M	$595.0M
YoY Change	45.63%	7.49%	21.09%	7.78%	-31.4%	78.51%	27.17%	-6.12%	-10.79%	37.32%	-5.88%
Long-Term Debt	$1.195B	$1.793B	$1.791B	$1.792B	$1.792B	$1.295B	$2.042B	$1.093B	$1.099B	$1.099B	$0.00	$0.00
YoY Change	-33.35%	0.11%	-0.06%	0.0%	38.38%	-36.58%	86.83%	-0.55%	0.0%
Other Long-Term Liabilities	$785.0M	$737.0M	$897.0M	$1.048B	$824.0M	$634.0M	$762.0M	$546.0M	$421.0M	$413.0M	$223.0M	$233.0M
YoY Change	6.51%	-17.84%	-14.41%	27.18%	29.97%	-16.8%	39.56%	29.69%	1.94%	85.2%	-4.29%
Total Long-Term Liabilities	$1.980B	$2.530B	$2.688B	$2.840B	$2.616B	$1.929B	$2.804B	$1.639B	$1.520B	$1.512B	$223.0M	$233.0M
YoY Change	-21.74%	-5.88%	-5.35%	8.56%	35.61%	-31.21%	71.08%	7.83%	0.53%	578.03%	-4.29%
Total Liabilities	$4.029B	$3.937B	$3.997B	$3.921B	$3.619B	$3.391B	$3.623B	$2.283B	$2.206B	$2.281B	$783.0M	$828.0M
YoY Change	2.34%	-1.5%	1.94%	8.34%	6.72%	-6.4%	58.69%	3.49%	-3.29%	191.32%	-5.43%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Basic Shares Outstanding	178.0M shares	180.0M shares	185.0M shares	187.0M shares	188.0M shares	187.0M shares	180.0M shares	170.0M shares	169.0M shares	167.0M shares	167.0M shares
Diluted Shares Outstanding	179.0M shares	182.0M shares	187.0M shares	189.0M shares	191.0M shares	191.0M shares	182.0M shares	172.0M shares	171.0M shares	167.0M shares	167.0M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $26.038 Billion

About Keysight Technologies Inc

Keysight Technologies, Inc. engages in the provision of electronic design and test solutions that are used in the design, development, manufacture, installation, deployment, validation, optimization and secure operation of electronics systems to communications, networking and electronics industries. The company is headquartered in Santa Rosa California, California and currently employs 15,400 full-time employees. The company went IPO on 2014-10-20. The firm is primarily engaged in providing electronic design and test solutions. The company operates through two segments: Communications Solutions Group (CSG) and Electronics Industrial Solutions Group (EISG). Its CSG segment serves customers, including commercial communications and aerospace, defense, and government end markets. Its CSG’s solutions consist of electronic design and test software, electronic measurement instruments, systems and related services. The Company’s EISG segment provides test and measurement solutions and related services across a set of electronic industrial end markets, focusing on applications in the automotive and energy industries and measurement solutions for consumer electronics, education, general electronics design and manufacturing, and semiconductor design and manufacturing. The firm also offers customization, consulting and optimization services throughout the product development lifecycle.

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