Keysight TechnologiesKEYS -0.36%82 Net Margin % is 20.33% as of Apr. 2026, which is 39% above its 10-year median of 14.64. GuruFocus rates KEYS with a GF Score™ of 82/100 and a GF Value™ of $197.72 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,473 Hardware companies, Keysight Technologies ranks better than 91.47% on this metric.
The historical rank and industry rank for Keysight Technologies's Net Margin % or its related term are showing as below:
KEYS'
s Net Margin % Range Over the Past 10 Years
Min: 3.2 Med: 14.64 Max: 20.74
Current: 17.31
KEYS's Net Margin % is ranked better than 91.47% of 2473
companies
in the Hardware industry
Industry Median: 2.71
vs KEYS: 17.31
Keysight Technologies (NYSE:KEYS) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Keysight Technologies Net Margin % Related Terms
Keysight Technologies Net Margin % Historical Data
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The historical data trend for Keysight Technologies's Net 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 Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Keysight Technologies's Net Margin % distribution charts can be found below:
* The bar in red indicates where Keysight Technologies's Net 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 Net Margin % of 20.33% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on Keysight Technologies and its competitors. This is 39% above median its historical median of 14.64. Over the past decade, Keysight Technologies' Net Margin % has ranged from 3.20 to 20.74. According to the industry distribution chart, Keysight Technologies ranks #211 out of 2473 companies in the Hardware industry, placing it in the top 8.5%.
Is Keysight Technologies' Net Margin % too high?
Keysight Technologies' current Net Margin % of 20.33% is 39% above median its 10-year median of 14.64. Over the past 10 years, this metric has ranged from a low of 3.20 to a high of 20.74. The Hardware industry median Net Margin % is 2.71. Keysight Technologies' value of 20.33% is 650.2% above this industry median. Based on the distribution chart, Keysight Technologies ranks #211 out of 2473 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' Net Margin % compare to GRMN and COHR?
According to the Hardware industry distribution chart, Keysight Technologies ranks #211 out of 2473 companies for Net Margin %. This places Keysight Technologies in the top 9% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.71. Keysight Technologies' value of 20.33% is 650.2% above this benchmark. Historically, Keysight Technologies' own Net Margin % has ranged from 3.20 to 20.74 over the past decade. While the company's 10-year median is 14.64 vs. the industry median of 2.71, 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 Net Margin % for a Hardware company?
The median Net Margin % among Hardware companies is 2.71, based on 2,473 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Keysight Technologies's current Net Margin % of 20.33% is 650.2% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Keysight Technologies and its competitors. For the Hardware industry, the median Net Margin % is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keysight Technologies's current Net Margin % is 20.33%, which is 39% above median its own 10-year median of 14.64. 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 $197.72, compared to a current price of $351.30 — trading 77.7% above its estimated fair value. The current Net Margin % is 20.33%, which is 39% above median its 10-year median of 14.64 and 650.2% above the Hardware industry median of 2.71. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Keysight Technologies (KEYS), the current Net Margin % is 20.33% 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 77.7% above its estimated GF Value™ of $197.72.
GuruFocus considers Keysight Technologies to be Significantly Overvalued.
Key valuation signals for KEYS:
Net Margin %: 20.33% (39% above median its 10-year median of 14.64)
GF Value™: $197.72 vs. price of $351.30 (77.7% above fair value)
Industry Position: 650.2% above the Hardware median (#211 of 2473)
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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