Keysight TechnologiesKEYS -0.36%82 FCF Margin % is 27.49% as of Apr. 2026, which is 43% above its 10-year median of 19.22. GuruFocus rates KEYS with a GF Score™ of 82/100 and a GF Value™ of $197.86 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,469 Hardware companies, Keysight Technologies ranks better than 94.94% on this metric.
The historical rank and industry rank for Keysight Technologies's FCF Margin % or its related term are showing as below:
KEYS'
s FCF Margin % Range Over the Past 10 Years
Min: 8.03 Med: 19.22 Max: 23.83
Current: 22.29
During the past 13 years, the highest FCF Margin % of Keysight Technologies was 23.83%. The lowest was 8.03%. And the median was 19.22%.
KEYS's FCF Margin % is ranked better than 94.94% of 2469
companies
in the Hardware industry
Industry Median: 0.63
vs KEYS: 22.29
Keysight Technologies FCF Margin % Related Terms
Keysight Technologies FCF Margin % Historical Data
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The historical data trend for Keysight Technologies's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Scientific & Technical Instruments subindustry, Keysight Technologies's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Keysight Technologies FCF Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Keysight Technologies's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Keysight Technologies's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Keysight Technologies (KEYS) has a FCF Margin % of 27.49% as of Apr. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Keysight Technologies and its competitors. This is 43% above median its historical median of 19.22. Over the past decade, Keysight Technologies' FCF Margin % has ranged from 8.03 to 23.83. According to the industry distribution chart, Keysight Technologies ranks #125 out of 2469 companies in the Hardware industry, placing it in the top 5.1%.
Is Keysight Technologies' FCF Margin % too high?
Keysight Technologies' current FCF Margin % of 27.49% is 43% above median its 10-year median of 19.22. Over the past 10 years, this metric has ranged from a low of 8.03 to a high of 23.83. The Hardware industry median FCF Margin % is 0.63. Keysight Technologies' value of 27.49% is 4263.5% above this industry median. Based on the distribution chart, Keysight Technologies ranks #125 out of 2469 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Keysight Technologies has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keysight Technologies' FCF Margin % compare to GRMN and COHR?
According to the Hardware industry distribution chart, Keysight Technologies ranks #125 out of 2469 companies for FCF Margin %. This places Keysight Technologies in the top 5% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 0.63. Keysight Technologies' value of 27.49% is 4263.5% above this benchmark. Historically, Keysight Technologies' own FCF Margin % has ranged from 8.03 to 23.83 over the past decade. While the company's 10-year median is 19.22 vs. the industry median of 0.63, Keysight Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Hardware company?
The median FCF Margin % among Hardware companies is 0.63, based on 2,469 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Keysight Technologies's current FCF Margin % of 27.49% is 4263.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Keysight Technologies and its competitors. For the Hardware industry, the median FCF Margin % is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keysight Technologies's current FCF Margin % is 27.49%, which is 43% above median its own 10-year median of 19.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keysight Technologies stock overvalued right now?
Based on GuruFocus' analysis, Keysight Technologies (KEYS) is currently considered Significantly Overvalued. The stock's GF Value™ is $197.86, compared to a current price of $351.30 — trading 77.5% above its estimated fair value. The current FCF Margin % is 27.49%, which is 43% above median its 10-year median of 19.22 and 4263.5% above the Hardware industry median of 0.63. Keysight Technologies' overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Keysight Technologies (KEYS), the current FCF Margin % is 27.49% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Keysight Technologies (KEYS) Overvalued in 2026?
Based on GuruFocus' analysis, Keysight Technologies stock appears to be overvalued.
The current stock price of $351.30 is trading 77.5% above its estimated GF Value™ of $197.86.
GuruFocus considers Keysight Technologies to be Significantly Overvalued.
Key valuation signals for KEYS:
FCF Margin %: 27.49% (43% above median its 10-year median of 19.22)
GF Value™: $197.86 vs. price of $351.30 (77.5% above fair value)
Industry Position: 4263.5% above the Hardware median (#125 of 2469)
No single metric tells the full story. See the KEYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keysight Technologies is a leader in the field of testing and measurement, helping electronics OEMs and suppliers alike bring products to market to fit industry standards and specifications. Keysight specializes in the communications market, but also supplies into the government, automotive, industrial, and semiconductor manufacturing markets. Keysight's solutions include testing tools, analytical software, and services. The firm's stated objective is to reduce time to market and improve efficiency at its more than 30,000 customers.
82GF Score
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