KEYS vs. SNDK: Keysight vs. Sandisk Stock Comparison

November 11, 2026

How do Keysight (KEYS) and Sandisk (SNDK) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Keysight (KEYS) and Sandisk (SNDK) both fall under the Technology Hardware & Equipment industry group, but KEYS is classified in Electronic Equipment, Instruments & Components while SNDK is classified in Technology Hardware, Storage & Peripherals.

Keysight (KEYS) has been public since October 20, 2014, giving it a longer listed trading history, while Sandisk (SNDK) listed on February 13, 2025 and still has a shorter public-market record.

Company profile comparison for Keysight (KEYS) and Sandisk (SNDK)
Profile Item	KEYS	SNDK
Name	Keysight Technologies, Inc.	Sandisk Corp.
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Technology Hardware & Equipment	Technology Hardware & Equipment
GICS Industry	Electronic Equipment, Instruments & Components	Technology Hardware, Storage & Peripherals
GICS Sub-Industry	Electronic Equipment & Instruments	Technology Hardware, Storage & Peripherals
Market Capitalization	46.33 billion USD	118.82 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	October 20, 2014	February 13, 2025
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

KEYS

SNDK

GSPC

Keysight (KEYS) vs. Sandisk (SNDK), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Keysight (KEYS) and Sandisk (SNDK). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Keysight (KEYS) and Sandisk (SNDK). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Keysight (KEYS) and Sandisk (SNDK)
Metric	KEYS	SNDK
Total Return (1Y)	59.88%	270.34%
Total Return (3Y, Annualized)	33.36%	--
Total Return (5Y, Annualized)	9.24%	--

Risk Profile

Drawdown History

KEYS

SNDK

GSPC

Keysight (KEYS) vs. Sandisk (SNDK), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Keysight (KEYS) and Sandisk (SNDK). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Sandisk (SNDK) carries a highly aggressive beta of 6.00, indicating much higher sensitivity to broad-market moves, whereas Keysight (KEYS) is closer to market-like at 1.22 — a noticeable difference in market-sensitivity profile.

Risk profile metrics for Keysight (KEYS) and Sandisk (SNDK)
Metric	KEYS	SNDK
Volatility (1Y, Annualized)	47.95%	113.97%
Beta (5Y)	1.22	6.00
Max Drawdown (5Y)	-42.62%	-65.46%
Avg. Volume (3M)	1.31M	10.75M

Risk-Adjusted Performance

Risk-Return Positioning

KEYS and SNDK are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Keysight (KEYS) and Sandisk (SNDK)
Metric	KEYS	SNDK
Sharpe Ratio (1Y)	1.16	2.33
Sortino Ratio (1Y)	1.82	3.66

Profitability

ROE (TTM)

Both companies show strong equity returns, but Sandisk (SNDK) at 141.17% is the standout with ROE above its industry range; Keysight (KEYS) at 20.90% also sits in the top quartile.

KEYS

Technology Hardware & Equipment industry group

20.90%

Max: 42.47%
KEYS: 20.90%
Q3: 19.13%
Median: 11.00%
Q1: 1.63%
Min: -20.62%

SNDK

Technology Hardware & Equipment industry group

141.17%

SNDK: 141.17%
Max: 42.47%
Q3: 19.13%
Median: 11.00%
Q1: 1.63%
Min: -20.62%

Keysight (KEYS) vs. Sandisk (SNDK): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

Sandisk (SNDK) at 67.04% keeps the most of each sales dollar — above its industry’s net margin range — and Keysight (KEYS) at 19.14% also retains a top-quartile share.

KEYS

Technology Hardware & Equipment industry group

19.14%

Max: 27.60%
KEYS: 19.14%
Q3: 11.66%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

SNDK

Technology Hardware & Equipment industry group

67.04%

SNDK: 67.04%
Max: 27.60%
Q3: 11.66%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

Keysight (KEYS) vs. Sandisk (SNDK): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

Sandisk (SNDK) at 79.59% shows unusually strong operating efficiency — above its industry’s operating margin range — and Keysight (KEYS) at 25.68% also operates in the top quartile.

KEYS

Technology Hardware & Equipment industry group

25.68%

Max: 36.27%
KEYS: 25.68%
Q3: 18.36%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

SNDK

Technology Hardware & Equipment industry group

79.59%

SNDK: 79.59%
Max: 36.27%
Q3: 18.36%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

Keysight (KEYS) vs. Sandisk (SNDK): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Keysight (KEYS) and Sandisk (SNDK)
Metric	KEYS	SNDK
ROE (TTM)	20.90%	141.17%
ROA (TTM)	7.23%	68.29%
Net Margin (TTM)	19.14%	67.04%
Operating Margin (TTM)	25.68%	79.59%
Gross Margin (TTM)	63.28%	79.95%

Growth

Revenue Growth

Sandisk (SNDK) at 175.30% clears its industry range for revenue growth, far stronger top-line momentum than Keysight (KEYS) at 7.95%, which is closer to a typical peer reading.

Keysight (KEYS) vs. Sandisk (SNDK): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Keysight (KEYS) reports EPS growth of 39.32%, ranked against its industry; Sandisk (SNDK) has no EPS growth figure this period.

Keysight (KEYS) vs. Sandisk (SNDK): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Keysight (KEYS) and Sandisk (SNDK)
Metric	KEYS	SNDK
Revenue Growth (YoY)	7.95%	175.30%
Revenue Growth (3Y CAGR)	-0.28%	49.29%
EPS Growth (YoY)	39.32%	--
EPS Growth (3Y CAGR)	-7.51%	--

Financial Strength

Current Ratio (MRQ)

Both Keysight (KEYS) at 2.02 and Sandisk (SNDK) at 2.58 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

KEYS

Technology Hardware & Equipment industry group

2.02

Max: 5.34
Q3: 3.02
KEYS: 2.02
Median: 1.95
Q1: 1.32
Min: 0.17

SNDK

Technology Hardware & Equipment industry group

2.58

Max: 5.34
Q3: 3.02
SNDK: 2.58
Median: 1.95
Q1: 1.32
Min: 0.17

Keysight (KEYS) vs. Sandisk (SNDK): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Sandisk (SNDK) at 0.01 keeps leverage in the lower industry quartile, while Keysight (KEYS) at 0.42 runs a more typical debt-to-equity mix.

KEYS

Technology Hardware & Equipment industry group

0.42

Max: 1.76
Q3: 0.78
KEYS: 0.42
Median: 0.24
Q1: 0.04
Min: 0.01

SNDK

Technology Hardware & Equipment industry group

0.01

Max: 1.76
Q3: 0.78
Median: 0.24
Q1: 0.04
SNDK: 0.01
Min: 0.01

Keysight (KEYS) vs. Sandisk (SNDK): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Keysight (KEYS) and Sandisk (SNDK)
Metric	KEYS	SNDK
Current Ratio (MRQ)	2.02	2.58
Debt / Equity (MRQ)	0.42	0.01
Net Debt / EBITDA	0.09	-0.24

Dividends

Dividend Yield (TTM)

Neither Keysight (KEYS) nor Sandisk (SNDK) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

KEYS

Technology Hardware & Equipment industry group

0.00%

Max: 0.73%
Q3: 0.31%
KEYS: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

SNDK

Technology Hardware & Equipment industry group

0.00%

Max: 0.73%
Q3: 0.31%
SNDK: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Keysight (KEYS) vs. Sandisk (SNDK): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Keysight (KEYS) nor Sandisk (SNDK) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

KEYS

Technology Hardware & Equipment industry group

0.00%

Max: 32.27%
Q3: 14.48%
KEYS: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

SNDK

Technology Hardware & Equipment industry group

0.00%

Max: 32.27%
Q3: 14.48%
SNDK: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Keysight (KEYS) vs. Sandisk (SNDK): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Keysight (KEYS) and Sandisk (SNDK)
Metric	KEYS	SNDK
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

Sandisk (SNDK) at 6.67 sits in the cheaper P/E ratio quartile, while Keysight (KEYS) at 36.82 is closer to its industry’s usual earnings multiple — a discount for SNDK, though growth and earnings durability still matter.

KEYS

Technology Hardware & Equipment industry group

36.82

Max: 69.48
Q3: 41.02
KEYS: 36.82
Median: 26.39
Q1: 19.36
Min: 6.07

SNDK

Technology Hardware & Equipment industry group

6.67

Max: 69.48
Q3: 41.02
Median: 26.39
Q1: 19.36
SNDK: 6.67
Min: 6.07

Keysight (KEYS) vs. Sandisk (SNDK): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

Sandisk (SNDK) at 4.10 is priced about in line with its industry on P/S ratio, while Keysight (KEYS) at 7.04 sits in the pricier quartile — KEYS costs more per dollar of sales.

KEYS

Technology Hardware & Equipment industry group

7.04

Max: 11.30
KEYS: 7.04
Q3: 5.82
Median: 2.56
Q1: 1.05
Min: 0.00

SNDK

Technology Hardware & Equipment industry group

4.10

Max: 11.30
Q3: 5.82
SNDK: 4.10
Median: 2.56
Q1: 1.05
Min: 0.00

Keysight (KEYS) vs. Sandisk (SNDK): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

Both Keysight (KEYS) at 7.05 and Sandisk (SNDK) at 6.63 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

KEYS

Technology Hardware & Equipment industry group

7.05

Max: 10.75
KEYS: 7.05
Q3: 5.52
Median: 3.17
Q1: 1.79
Min: 0.33

SNDK

Technology Hardware & Equipment industry group

6.63

Max: 10.75
SNDK: 6.63
Q3: 5.52
Median: 3.17
Q1: 1.79
Min: 0.33

Keysight (KEYS) vs. Sandisk (SNDK): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Keysight (KEYS) and Sandisk (SNDK)
Metric	KEYS	SNDK
P/E Ratio (TTM)	36.82	6.67
P/S Ratio (TTM)	7.04	4.10
P/B Ratio (MRQ)	7.05	6.63
Free Cash Flow Yield (TTM)	4.03%	9.46%