Keysight Technologies
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
27.2221.16
Price/Sales ratio
5.635.17
Earnings per Share (EPS)
$5.99$7.70

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
10.8916.6478.8264.6930.5431.2737.4627.8820.5542.2224.0631.27
Price/Sales ratio
1.951.912.522.754.404.646.775.783.975.205.004.40
Price/Book Value ratio
4.293.693.484.386.315.948.857.534.665.076.315.94
Price/Cash Flow ratio
14.8613.4025.6819.2319.0019.3025.3327.4015.4224.6421.6119.00
Price/Free Cash Flow ratio
19.6817.1533.3625.2321.6021.8129.1732.6817.9228.8725.6621.60
Price/Earnings Growth ratio
0.37-0.47-1.101.180.1120.640.840.95-4.27-1.040.850.11
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
55.74%55.65%53.37%54.43%58.88%60.00%62.11%63.65%64.64%70.83%63.57%58.88%
Operating Profit Margin
15.09%13.91%7.49%-10.15%16.52%18.12%21.85%24.61%24.85%16.73%24.95%16.52%
Pretax Profit Margin
13.58%12.54%5.61%-10.59%16.61%18.02%20.44%23.70%24.83%17.37%24.35%16.61%
Net Profit Margin
17.96%11.48%3.19%4.25%14.43%14.85%18.09%20.73%19.34%12.33%20.80%14.43%
Effective Tax Rate
-32.21%8.46%43.01%140.14%13.14%17.60%11.48%12.52%22.10%29.01%14.57%13.14%
Return on Assets
14.62%8.81%1.71%2.83%9.37%8.68%11.48%13.88%12.17%6.62%13.67%9.37%
Return On Equity
39.40%22.20%4.41%6.78%20.67%19.01%23.62%27.01%22.71%12.02%28.40%20.67%
Return on Capital Employed
15.32%12.86%4.67%-9.03%12.65%12.46%16.68%19.93%20.47%10.62%19.83%12.65%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/A3.203.12N/AN/AN/AN/A3.073.12
Quick Ratio
1.572.141.941.202.502.422.332.391.862.262.142.42
Cash ratio
0.691.210.990.621.591.621.561.451.201.251.521.62
Days of Sales Outstanding
50.8654.6662.6058.7356.6652.4054.2960.9460.1262.8260.4956.66
Days of Inventory outstanding
140.62133.70144.33127.86145.46163.68151.49158.96186.08256.90164.08145.46
Operating Cycle
191.49188.36206.93186.59202.12216.09205.79219.91246.21319.73179.00216.09
Days of Payables Outstanding
60.3553.3151.7949.9852.2048.4355.9564.4754.0378.6858.6652.20
Cash Conversion Cycle
131.14135.05155.14136.60149.92167.65149.83155.43192.17241.0542.28167.65
Debt Ratios
Debt Ratio
0.310.280.340.300.260.250.230.220.200.180.470.26
Debt Equity Ratio
0.840.720.880.730.590.550.480.440.380.340.910.59
Long-term Debt to Capitalization
0.450.420.460.340.370.350.320.300.200.250.310.35
Total Debt to Capitalization
0.450.420.460.420.370.350.320.300.270.250.310.35
Interest Coverage Ratio
N/AN/AN/AN/A8.889.80N/AN/AN/AN/A17.758.88
Cash Flow to Debt Ratio
0.340.380.150.310.550.550.720.620.780.600.630.55
Company Equity Multiplier
2.692.512.562.392.202.182.051.941.861.811.912.18
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.130.140.090.140.230.240.260.210.250.210.230.24
Free Cash Flow / Operating Cash Flow Ratio
0.750.780.760.760.870.880.860.830.860.850.840.88
Cash Flow Coverage Ratio
0.340.380.150.310.550.550.720.620.780.600.630.55
Short Term Coverage Ratio
N/AN/A31.31.11N/A23.6232.2429.332.35-24.4630.6130.61
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A