KLAC vs. Q: KLA vs. Qnity Electronics Stock Comparison
How do KLA (KLAC) and Qnity Electronics (Q) 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
KLA (KLAC) and Qnity Electronics (Q) are both classified in the Semiconductor Materials & Equipment sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
KLA (KLAC) carries decades of public-market history since October 8, 1980, while Qnity Electronics (Q) listed on October 27, 2025 — long-window comparisons have far more historical data on the KLAC side.
| Profile Item | KLAC | Q |
|---|---|---|
| Name | KLA Corporation | Qnity Electronics Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductor Materials & Equipment | Semiconductor Materials & Equipment |
| Market Capitalization | 180.45 billion USD | 24.46 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | October 8, 1980 | October 27, 2025 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | KLAC | Q |
|---|---|---|
| Total Return (1Y) | 26.92% | 35.04% |
| Total Return (3Y, Annualized) | 44.97% | -- |
| Total Return (5Y, Annualized) | 30.55% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | KLAC | Q |
|---|---|---|
| Volatility (1Y, Annualized) | 63.92% | 55.87% |
| Beta (5Y) | 1.51 | 1.49 |
| Max Drawdown (5Y) | -56.93% | -38.03% |
| Avg. Volume (3M) | 10.66M | 1.73M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | KLAC | Q |
|---|---|---|
| Sharpe Ratio (1Y) | 0.35 | 0.55 |
| Sortino Ratio (1Y) | 0.50 | 0.80 |
Profitability
ROE (TTM)
KLA (KLAC) at 91.38% clears its industry range for ROE, a sharper capital-efficiency signal than Qnity Electronics (Q) at 6.98%, which is closer to a typical peer reading.
KLAC
Semiconductors & Semiconductor Equipment industry group
91.38%
- KLAC
- 91.38%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Q
Semiconductors & Semiconductor Equipment industry group
6.98%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q
- 6.98%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
KLA (KLAC) at 36.25% retains a top-quartile share of revenue as profit, ahead of Qnity Electronics (Q) at 10.16%, which keeps about the industry-typical share.
KLAC
Semiconductors & Semiconductor Equipment industry group
36.25%
- Max
- 63.80%
- KLAC
- 36.25%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Q
Semiconductors & Semiconductor Equipment industry group
10.16%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q
- 10.16%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
KLA (KLAC) at 45.01% operates in the top operating margin quartile, ahead of Qnity Electronics (Q) at 25.00%, which runs around its industry’s norm.
KLAC
Semiconductors & Semiconductor Equipment industry group
45.01%
- Max
- 58.66%
- KLAC
- 45.01%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Q
Semiconductors & Semiconductor Equipment industry group
25.00%
- Max
- 58.66%
- Q3
- 30.23%
- Q
- 25.00%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | KLAC | Q |
|---|---|---|
| ROE (TTM) | 91.38% | 6.98% |
| ROA (TTM) | 22.27% | 5.78% |
| Net Margin (TTM) | 36.25% | 10.16% |
| Operating Margin (TTM) | 45.01% | 25.00% |
| Gross Margin (TTM) | 61.47% | 46.92% |
Growth
Revenue Growth
Both KLA (KLAC) at 11.71% and Qnity Electronics (Q) at 9.67% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both KLA (KLAC) at 20.51% and Qnity Electronics (Q) at -0.27% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | KLAC | Q |
|---|---|---|
| Revenue Growth (YoY) | 11.71% | 9.67% |
| Revenue Growth (3Y CAGR) | 8.96% | -0.01% |
| EPS Growth (YoY) | 20.51% | -0.27% |
| EPS Growth (3Y CAGR) | 14.87% | -- |
Financial Strength
Current Ratio (MRQ)
KLA (KLAC) at 2.76 keeps current ratio within its industry’s typical mid-range, while Qnity Electronics (Q) at 2.09 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for Q.
KLAC
Semiconductors & Semiconductor Equipment industry group
2.76
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- KLAC
- 2.76
- Q1
- 2.35
- Min
- 1.03
Q
Semiconductors & Semiconductor Equipment industry group
2.09
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Q
- 2.09
- Min
- 1.03
Debt / Equity (MRQ)
Qnity Electronics (Q) at 0.57 carries an industry-typical debt-to-equity mix, while KLA (KLAC) at 0.92 uses more debt funding than most peers.
KLAC
Semiconductors & Semiconductor Equipment industry group
0.92
- Max
- 1.46
- KLAC
- 0.92
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
Q
Semiconductors & Semiconductor Equipment industry group
0.57
- Max
- 1.46
- Q3
- 0.65
- Q
- 0.57
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | KLAC | Q |
|---|---|---|
| Current Ratio (MRQ) | 2.76 | 2.09 |
| Debt / Equity (MRQ) | 0.92 | 0.57 |
| Net Debt / EBITDA | 0.19 | 2.07 |
Dividends
Dividend Yield (TTM)
Both KLA (KLAC) at 0.65% and Qnity Electronics (Q) at 0.27% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
KLAC
Semiconductors & Semiconductor Equipment industry group
0.65%
- Max
- 1.37%
- Q3
- 0.65%
- KLAC
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Q
Semiconductors & Semiconductor Equipment industry group
0.27%
- Max
- 1.37%
- Q3
- 0.65%
- Q
- 0.27%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both KLA (KLAC) at 21.03% and Qnity Electronics (Q) at 11.28% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
KLAC
Semiconductors & Semiconductor Equipment industry group
21.03%
- Max
- 49.64%
- Q3
- 21.71%
- KLAC
- 21.03%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Q
Semiconductors & Semiconductor Equipment industry group
11.28%
- Max
- 49.64%
- Q3
- 21.71%
- Q
- 11.28%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | KLAC | Q |
|---|---|---|
| Dividend Yield (TTM) | 0.65% | 0.27% |
| Dividend Payout Ratio (TTM) | 21.03% | 11.28% |
Valuation
P/E Ratio (TTM)
Both KLA (KLAC) at 34.71 and Qnity Electronics (Q) at 43.98 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
KLAC
Semiconductors & Semiconductor Equipment industry group
34.71
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- KLAC
- 34.71
- Q1
- 23.96
- Min
- 8.12
Q
Semiconductors & Semiconductor Equipment industry group
43.98
- Max
- 110.34
- Q3
- 66.81
- Q
- 43.98
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
P/S Ratio (TTM)
Qnity Electronics (Q) at 4.46 is priced about in line with its industry on P/S ratio, while KLA (KLAC) at 12.44 sits in the pricier quartile — KLAC costs more per dollar of sales.
KLAC
Semiconductors & Semiconductor Equipment industry group
12.44
- Max
- 21.42
- KLAC
- 12.44
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
Q
Semiconductors & Semiconductor Equipment industry group
4.46
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q
- 4.46
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
Qnity Electronics (Q) at 3.22 sits near its industry’s typical P/B ratio, while KLA (KLAC) at 27.67 prices above its benchmark range — KLAC looks rich relative to book.
KLAC
Semiconductors & Semiconductor Equipment industry group
27.67
- KLAC
- 27.67
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
Q
Semiconductors & Semiconductor Equipment industry group
3.22
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q
- 3.22
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | KLAC | Q |
|---|---|---|
| P/E Ratio (TTM) | 34.71 | 43.98 |
| P/S Ratio (TTM) | 12.44 | 4.46 |
| P/B Ratio (MRQ) | 27.67 | 3.22 |
| Free Cash Flow Yield (TTM) | 1.56% | 2.85% |