Return on Equity (ROE)
since 2005
Calculation
KLA Corp., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income (loss) attributable to KLA1 | ÷ | Total KLA stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Jun 30, 2024 | 82.00% | = | 100 | × | 2,761,896) | ÷ | 3,368,328) |
| Jun 30, 2023 | 116.01% | = | 100 | × | 3,387,277) | ÷ | 2,919,753) |
| Jun 30, 2022 | 237.04% | = | 100 | × | 3,321,807) | ÷ | 1,401,351) |
| Jun 30, 2021 | 61.53% | = | 100 | × | 2,078,292) | ÷ | 3,377,554) |
| Jun 30, 2020 | 45.65% | = | 100 | × | 1,216,785) | ÷ | 2,665,424) |
| Jun 30, 2019 | 44.21% | = | 100 | × | 1,175,617) | ÷ | 2,659,108) |
| Jun 30, 2018 | 49.51% | = | 100 | × | 802,265) | ÷ | 1,620,511) |
| Jun 30, 2017 | 69.82% | = | 100 | × | 926,076) | ÷ | 1,326,417) |
| Jun 30, 2016 | 102.22% | = | 100 | × | 704,422) | ÷ | 689,114) |
| Jun 30, 2015 | 86.88% | = | 100 | × | 366,158) | ÷ | 421,439) |
| Jun 30, 2014 | 15.88% | = | 100 | × | 582,755) | ÷ | 3,669,346) |
| Jun 30, 2013 | 15.60% | = | 100 | × | 543,149) | ÷ | 3,482,152) |
| Jun 30, 2012 | 22.80% | = | 100 | × | 756,015) | ÷ | 3,315,595) |
| Jun 30, 2011 | 27.77% | = | 100 | × | 794,488) | ÷ | 2,860,893) |
| Jun 30, 2010 | 9.45% | = | 100 | × | 212,300) | ÷ | 2,246,611) |
| Jun 30, 2009 | -23.96% | = | 100 | × | (523,368) | ÷ | 2,184,392) |
| Jun 30, 2008 | 12.04% | = | 100 | × | 359,083) | ÷ | 2,981,730) |
| Jun 30, 2007 | 14.88% | = | 100 | × | 528,098) | ÷ | 3,550,042) |
| Jun 30, 2006 | 10.66% | = | 100 | × | 380,452) | ÷ | 3,567,991) |
| Jun 30, 2005 | 15.33% | = | 100 | × | 466,695) | ÷ | 3,045,257) |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).
1 US$ in thousands
The analysis of the financial data reveals several notable trends in profitability, equity, and return on equity (ROE) over the period under review.
- Net Income (Loss) Attributable to Company
-
Net income exhibited volatility over the years, with a significant loss noted in the period ending June 30, 2009. After this substantial negative result, net income rebounded strongly in subsequent years, showing a consistent upward trend from 2010 onward, peaking in the periods ending 2021 and 2022 with values exceeding two and three million US dollars, respectively. There was a slight decline in the most recent period, but net income remained robust relative to earlier years.
- Total Stockholders’ Equity
-
Stockholders' equity fluctuated over the timeline. Starting at approximately three million US dollars, it increased to over three and a half million in 2006 and remained relatively stable through 2008. There was a noticeable decline in 2009 and a sharp fall by 2015, followed by a series of recoveries and fluctuations. The equity figure experienced a marked low in 2017 and 2018 but then recovered strongly to regain and surpass earlier levels by 2024, indicating periods of equity restructuring or possible recapitalization.
- Return on Equity (ROE)
-
ROE demonstrated significant variability, reflecting the interplay between net income and equity changes. Negative ROE was recorded in 2009, coinciding with the net loss and equity decline. Following the recovery, ROE values increased sharply, reaching extremely high percentages above 80% in the latter years, particularly from 2010 onward. The years 2015 and 2016 displayed exceptional ROE values exceeding 80%, peaking at over 200% in 2022, which may suggest a lower equity base relative to income or extraordinary profit levels. Although the latest period shows a reduction in ROE, it remains substantially elevated compared to the earlier years.
Overall, the data delineates a recovery trajectory following a challenging period around 2009, with profitability and return measures improving considerably in the subsequent decade. The fluctuations in equity and extraordinary ROE values suggest periods of financial restructuring or changes in capital efficiency. The persistent growth in net income alongside variable equity levels indicates the company’s ability to generate substantial earnings relative to its equity base in recent years.
Comparison to Competitors
KLA Corp., ROE, long-term trends, comparison to competitors
| KLA Corp. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 30, 2024 | 82.00% | 2.85% | 4.65% | 37.77% | 8.71% | -18.89% | 44.82% | 1.72% | 69.24% | 38.60% | 28.39% |
| Jun 30, 2023 | 116.01% | 1.53% | 9.32% | 41.94% | 58.70% | 1.60% | 54.94% | -13.22% | 19.76% | 33.51% | 38.53% |
| Jun 30, 2022 | 237.04% | 2.41% | 7.54% | 53.51% | 50.62% | 7.90% | 73.35% | 17.41% | 36.65% | 71.81% | 60.02% |
| Jun 30, 2021 | 61.53% | 42.18% | 3.66% | 48.08% | 26.99% | 20.83% | 64.85% | 13.34% | 25.64% | 90.88% | 58.27% |
| Jun 30, 2020 | 45.65% | 42.66% | 10.17% | 34.21% | 12.40% | 25.79% | 43.53% | 6.89% | 22.91% | 85.54% | 60.90% |
| Jun 30, 2019 | 44.21% | 12.06% | 11.64% | 32.94% | 10.92% | 27.16% | 46.89% | 17.59% | 44.33% | 89.35% | 56.33% |
| Jun 30, 2018 | 49.51% | 26.62% | 13.61% | 48.44% | 45.99% | 28.24% | 36.62% | 43.77% | 40.78% | -524.14% | 62.04% |
| Jun 30, 2017 | 69.82% | 7.04% | 7.16% | 36.73% | 8.34% | 13.91% | 24.90% | 27.33% | 28.91% | 8.02% | 35.62% |
| Jun 30, 2016 | 102.22% | -119.47% | 16.68% | 23.85% | -9.20% | 15.58% | 15.51% | -2.28% | 13.74% | 17.95% | 34.33% |
| Jun 30, 2015 | 86.88% | — | 13.74% | 18.09% | 28.94% | 18.70% | 12.85% | 23.57% | 14.27% | 16.78% | 30.02% |
| Jun 30, 2014 | 15.88% | -215.51% | 13.23% | 13.62% | 8.11% | 20.95% | 12.57% | 28.27% | 9.87% | 20.34% | 27.15% |
| Jun 30, 2013 | 15.60% | -15.26% | 14.21% | 3.61% | 19.13% | 16.51% | 2.54% | 13.02% | 11.65% | 18.99% | 20.01% |
| Jun 30, 2012 | 22.80% | -219.89% | 15.63% | 1.51% | 23.27% | 21.49% | 3.29% | -13.40% | 14.02% | 18.22% | 16.05% |
| Jun 30, 2011 | 27.77% | 30.88% | 22.85% | 21.89% | 27.52% | 28.19% | 29.30% | 1.97% | 7.96% | 15.81% | 20.42% |
| Jun 30, 2010 | 9.45% | 46.50% | 22.25% | 12.44% | 27.57% | 23.19% | 19.61% | 23.07% | -2.55% | 15.57% | 30.93% |
| Jun 30, 2009 | -23.96% | 46.91% | 9.80% | -4.30% | -4.23% | 10.48% | -20.79% | -39.43% | -1.25% | 7.84% | 15.12% |
| Jun 30, 2008 | 12.04% | — | 32.49% | 12.73% | — | 13.54% | 24.70% | -26.21% | 30.47% | 17.61% | 20.59% |
| Jun 30, 2007 | 14.88% | -113.01% | 21.25% | 21.87% | — | 16.31% | 58.30% | -4.13% | 22.36% | 20.86% | 26.64% |
| Jun 30, 2006 | 10.66% | -2.87% | 15.99% | 22.80% | — | 13.72% | 24.05% | 5.03% | 20.76% | 18.42% | 38.21% |
| Jun 30, 2005 | 15.33% | 4.94% | 11.24% | 13.55% | — | 23.95% | 28.06% | 3.22% | 8.52% | 19.27% | 19.47% |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
KLA Corp., ROE, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| KLA Corp. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Jun 30, 2024 | 82.00% | 11.77% |
| Jun 30, 2023 | 116.01% | 13.30% |
| Jun 30, 2022 | 237.04% | 22.70% |
| Jun 30, 2021 | 61.53% | 25.79% |
| Jun 30, 2020 | 45.65% | 24.53% |
| Jun 30, 2019 | 44.21% | 26.83% |
| Jun 30, 2018 | 49.51% | 33.43% |
| Jun 30, 2017 | 69.82% | 16.95% |
| Jun 30, 2016 | 102.22% | 13.42% |
| Jun 30, 2015 | 86.88% | 19.06% |
| Jun 30, 2014 | 15.88% | 19.77% |
| Jun 30, 2013 | 15.60% | 15.77% |
| Jun 30, 2012 | 22.80% | 14.95% |
| Jun 30, 2011 | 27.77% | 21.55% |
| Jun 30, 2010 | 9.45% | 20.99% |
| Jun 30, 2009 | -23.96% | 5.27% |
| Jun 30, 2008 | 12.04% | 10.02% |
| Jun 30, 2007 | 14.88% | 13.62% |
| Jun 30, 2006 | 10.66% | 16.52% |
| Jun 30, 2005 | 15.33% | 18.50% |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).
Comparison to Industry (Information Technology)
KLA Corp., ROE, long-term trends, comparison to industry (information technology)
| KLA Corp. | Information Technology | |
|---|---|---|
| Jun 30, 2024 | 82.00% | 29.37% |
| Jun 30, 2023 | 116.01% | 32.00% |
| Jun 30, 2022 | 237.04% | 39.15% |
| Jun 30, 2021 | 61.53% | 42.48% |
| Jun 30, 2020 | 45.65% | 35.75% |
| Jun 30, 2019 | 44.21% | 36.67% |
| Jun 30, 2018 | 49.51% | 30.39% |
| Jun 30, 2017 | 69.82% | 23.40% |
| Jun 30, 2016 | 102.22% | 23.36% |
| Jun 30, 2015 | 86.88% | 26.17% |
| Jun 30, 2014 | 15.88% | 25.60% |
| Jun 30, 2013 | 15.60% | 24.89% |
| Jun 30, 2012 | 22.80% | 26.24% |
| Jun 30, 2011 | 27.77% | 29.20% |
| Jun 30, 2010 | 9.45% | 27.87% |
| Jun 30, 2009 | -23.96% | 20.26% |
| Jun 30, 2008 | 12.04% | 25.64% |
| Jun 30, 2007 | 14.88% | 23.99% |
| Jun 30, 2006 | 10.66% | 22.71% |
| Jun 30, 2005 | 15.33% | 22.09% |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).