KLA Corporation (KLAC)

Analysis: Growth Rates Industry: Semiconductors Sector: Technology Live Price: $1,567.82

Enterprise Value

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
Stock Price
Avg YoY	39.44%	32.33%	34.61%	27.46%	21.49%	15.89%	22.93%
Slope	27.90%	28.96%	26.80%	21.48%	17.47%	13.94%	12.07%
CAGR	35.90%	28.93%	32.07%	24.76%	17.54%	12.04%	16.20%
LSR	35.90%	34.79%	34.68%	25.18%	18.53%	12.34%	11.13%
Market Capitalization
Avg YoY	39.41%	32.42%	34.60%	27.56%	21.55%	16.05%	22.90%
Slope	27.90%	29.02%	26.81%	21.51%	17.52%	14.02%	12.15%
CAGR	35.90%	29.03%	32.08%	24.87%	17.67%	12.29%	16.18%
LSR	35.90%	34.90%	34.68%	25.30%	18.64%	12.51%	11.25%
(-) Cash & Equivalents
Avg YoY	6.33%	14.36%	10.47%	12.20%	10.15%	12.11%	13.94%
Slope	6.15%	13.14%	9.84%	9.46%	7.53%	7.07%	7.14%
CAGR	6.33%	13.92%	9.15%	9.84%	5.59%	7.56%	9.66%
LSR	6.33%	14.69%	9.95%	9.96%	7.52%	7.19%	8.12%
(+) Total Debt
Avg YoY	3.36%	24.85%	14.35%	33.58%	28.21%	28.21%	30.33%
Slope	2.47%	12.31%	13.37%	14.75%	14.50%	14.08%	13.08%
CAGR	2.61%	18.85%	9.87%	18.20%	—	—	28.68%
LSR	2.61%	16.13%	14.46%	20.65%	—	—	—
Enterprise Value
Avg YoY	37.48%	31.39%	32.35%	26.92%	21.72%	15.82%	23.29%
Slope	26.78%	28.20%	26.16%	21.31%	17.62%	14.29%	12.41%
CAGR	34.12%	28.77%	30.27%	25.12%	18.79%	12.68%	16.70%
LSR	34.12%	33.86%	33.32%	25.53%	19.50%	13.39%	12.02%

Income Statement

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
Revenue
Avg YoY	8.69%	16.11%	17.39%	10.80%	12.10%	10.01%	13.52%
Slope	7.67%	11.40%	15.20%	11.75%	9.95%	8.63%	8.10%
CAGR	7.62%	15.13%	16.89%	10.06%	9.76%	7.58%	10.37%
LSR	7.62%	12.64%	17.74%	11.94%	9.87%	8.37%	8.36%
Cost of Revenue
Avg YoY	4.87%	14.19%	17.02%	10.41%	10.14%	8.32%	11.89%
Slope	4.27%	10.35%	15.22%	11.33%	9.15%	7.86%	7.42%
CAGR	4.21%	13.38%	16.45%	9.66%	8.68%	6.84%	9.85%
LSR	4.21%	11.56%	18.19%	11.42%	8.71%	7.35%	7.49%
Gross Profit
Avg YoY	11.23%	17.43%	17.81%	11.25%	14.47%	12.15%	15.76%
Slope	9.86%	12.07%	15.18%	12.03%	10.50%	9.17%	8.57%
CAGR	9.85%	16.26%	17.16%	10.32%	10.54%	8.11%	10.73%
LSR	9.85%	13.33%	17.48%	12.30%	10.79%	9.17%	9.03%
Gross Margin
Avg YoY	2.09%	1.00%	0.30%	0.30%	1.10%	0.86%	0.70%
Slope	2.06%	0.62%	-0.23%	0.32%	0.80%	0.72%	0.62%
CAGR	2.07%	0.98%	0.23%	0.23%	0.71%	0.49%	0.32%
LSR	2.07%	0.61%	-0.23%	0.32%	0.84%	0.74%	0.62%
R&D Expenses
Avg YoY	2.29%	10.24%	12.42%	9.74%	7.25%	6.39%	9.77%
Slope	2.23%	8.61%	11.79%	9.36%	7.65%	6.74%	6.92%
CAGR	2.23%	9.91%	12.19%	9.38%	6.72%	5.73%	—
LSR	2.23%	9.44%	13.37%	9.70%	7.48%	6.54%	—
SG&A Expenses
Avg YoY	-0.36%	7.96%	11.71%	7.75%	5.18%	5.34%	6.79%
Slope	-0.37%	6.72%	11.10%	8.72%	5.52%	5.15%	4.99%
CAGR	-0.37%	7.63%	11.11%	7.21%	4.49%	4.33%	5.61%
LSR	-0.37%	7.34%	12.88%	8.93%	5.03%	4.88%	4.90%
Operating Expenses
Avg YoY	1.15%	9.25%	12.06%	8.76%	6.21%	5.82%	9.92%
Slope	1.12%	7.80%	11.49%	9.08%	6.68%	6.00%	6.00%
CAGR	1.11%	8.93%	11.72%	8.39%	5.67%	5.08%	8.53%
LSR	1.11%	8.53%	13.15%	9.35%	6.30%	5.72%	6.31%
Operating Income (EBIT)
Avg YoY	17.58%	22.83%	22.57%	14.23%	9.13%	10.29%	-101.44%
Slope	14.52%	14.43%	17.49%	14.04%	13.92%	12.01%	11.02%
CAGR	14.54%	20.47%	20.75%	11.37%	16.05%	10.68%	12.38%
LSR	14.54%	16.00%	20.39%	14.61%	—	—	—
Operating Margin
Avg YoY	6.86%	4.99%	3.99%	2.32%	-13.53%	-9.78%	-75.34%
Slope	6.41%	3.01%	2.25%	2.32%	6.45%	4.78%	4.19%
CAGR	6.43%	4.64%	3.30%	1.19%	5.73%	2.88%	1.82%
LSR	6.43%	2.99%	2.25%	2.39%	—	—	—
Interest Income
Avg YoY	64.53%	219.65%	100.20%	64.07%	53.55%	53.55%	53.55%
Slope	38.37%	57.17%	26.96%	19.40%	16.15%	15.13%	13.84%
CAGR	55.98%	111.97%	32.31%	19.15%	—	—	—
LSR	55.98%	144.17%	23.03%	14.46%	—	—	—
Interest Expense
Avg YoY	1.48%	22.52%	13.21%	16.94%	38.19%	38.19%	38.19%
Slope	1.40%	18.16%	12.86%	12.85%	13.00%	13.12%	12.44%
CAGR	1.42%	18.04%	10.65%	13.13%	—	—	—
LSR	1.42%	22.02%	13.05%	14.81%	—	—	—
Net Interest Income
Avg YoY	-24.65%	-0.04%	5.53%	15.40%	25.09%	25.09%	25.09%
Slope	29.38%	2.98%	-6.72%	-10.13%	-11.67%	-12.27%	-11.85%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Other Income / Expense
Avg YoY	30.12%	27.52%	30.15%	38.51%	19.54%	17.99%	23.15%
Slope	-25.20%	-25.01%	-14.57%	-13.54%	-16.21%	-16.94%	-16.59%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Unusual Items
Avg YoY	30.12%	27.52%	30.15%	38.51%	19.54%	17.99%	23.15%
Slope	25.20%	25.01%	14.57%	13.54%	16.21%	16.94%	16.59%
CAGR	29.81%	27.12%	14.66%	16.12%	—	—	—
LSR	29.81%	29.08%	16.09%	16.65%	—	—	—
EBT excl. Unusual
Avg YoY	14.20%	21.64%	33.92%	46.92%	37.20%	31.06%	34.94%
Slope	8.53%	10.24%	17.86%	13.96%	12.98%	10.55%	9.54%
CAGR	8.04%	17.13%	22.16%	10.09%	12.12%	8.40%	10.80%
LSR	8.04%	11.22%	21.42%	15.23%	—	—	—
Pre-Tax Income
Avg YoY	14.89%	21.55%	24.10%	17.05%	11.89%	11.53%	29.62%
Slope	11.04%	12.22%	17.35%	13.89%	13.45%	11.38%	10.39%
CAGR	10.71%	18.44%	20.64%	10.76%	14.12%	9.62%	11.67%
LSR	10.71%	13.47%	20.33%	14.50%	—	—	—
Pre-Tax Margin
Avg YoY	3.79%	3.48%	5.24%	4.66%	-11.02%	-8.42%	-0.11%
Slope	2.96%	0.79%	2.16%	2.13%	5.70%	3.62%	2.87%
CAGR	2.87%	2.87%	3.21%	0.64%	3.97%	1.89%	1.18%
LSR	2.87%	0.74%	2.20%	2.29%	—	—	—
Income Tax Expense
Avg YoY	21.34%	35.52%	49.79%	32.77%	-507.04%	-401.76%	-306.40%
Slope	19.21%	23.09%	8.08%	6.47%	8.42%	7.24%	6.83%
CAGR	20.43%	19.78%	15.96%	4.48%	—	6.14%	7.69%
LSR	20.43%	26.93%	9.78%	6.06%	—	—	—
Net Income
Avg YoY	14.30%	22.60%	25.48%	18.49%	8.08%	20.49%	31.35%
Slope	9.91%	10.91%	18.77%	15.17%	14.35%	12.58%	11.36%
CAGR	9.50%	18.24%	21.49%	12.36%	13.27%	18.68%	12.88%
LSR	9.50%	12.25%	23.08%	16.12%	—	—	—
Net Margin
Avg YoY	2.96%	3.87%	6.35%	5.96%	-15.72%	3.04%	5.78%
Slope	1.82%	-0.36%	4.40%	3.69%	6.79%	5.39%	4.35%
CAGR	1.75%	2.70%	3.94%	2.09%	3.20%	10.31%	2.28%
LSR	1.75%	-0.35%	4.53%	3.73%	—	—	—
Depreciation & Amortization
Avg YoY	-2.56%	4.53%	36.67%	21.93%	18.44%	15.74%	17.40%
Slope	-2.60%	4.19%	16.96%	14.26%	10.04%	8.57%	7.91%
CAGR	-2.57%	4.27%	21.77%	11.48%	9.57%	8.50%	9.98%
LSR	-2.57%	4.45%	27.64%	16.24%	9.16%	7.50%	7.38%
EBITDA
Avg YoY	15.56%	20.82%	22.03%	13.63%	5.98%	6.34%	34.40%
Slope	13.05%	13.49%	17.44%	14.06%	13.51%	11.64%	10.68%
CAGR	13.04%	18.88%	20.82%	11.38%	15.26%	10.49%	12.15%
LSR	13.04%	14.89%	20.78%	14.77%	—	—	—
EBITDA Margin
Avg YoY	5.30%	3.47%	3.64%	1.89%	-13.25%	-10.37%	3.03%
Slope	5.03%	2.03%	2.55%	2.46%	5.53%	4.03%	3.48%
CAGR	5.04%	3.25%	3.36%	1.19%	5.01%	2.70%	1.61%
LSR	5.04%	2.00%	2.58%	2.53%	—	—	—
NOPAT
Avg YoY	17.58%	22.83%	22.57%	14.23%	9.13%	10.29%	-101.44%
Slope	14.52%	14.43%	17.49%	14.04%	13.92%	12.01%	11.02%
CAGR	14.54%	20.47%	20.75%	11.37%	16.05%	10.68%	12.38%
LSR	14.54%	16.00%	20.39%	14.61%	—	—	—
NOPAT Margin
Avg YoY	6.86%	4.99%	3.99%	2.32%	-13.53%	-9.78%	-75.34%
Slope	6.41%	3.01%	2.25%	2.32%	6.45%	4.78%	4.19%
CAGR	6.43%	4.64%	3.30%	1.19%	5.73%	2.88%	1.82%
LSR	6.43%	2.99%	2.25%	2.39%	—	—	—
Owner's Earnings
Avg YoY	12.99%	20.85%	24.52%	17.53%	6.12%	-11.54%	11.80%
Slope	9.39%	10.55%	18.40%	15.00%	13.97%	12.58%	11.51%
CAGR	9.05%	17.22%	21.01%	12.12%	13.42%	—	14.49%
LSR	9.05%	11.78%	22.84%	16.07%	—	—	—
Owner's Earnings Margin
Avg YoY	2.15%	2.65%	5.67%	5.22%	-14.15%	-37.50%	-24.35%
Slope	1.38%	-0.78%	4.13%	3.60%	5.99%	5.58%	5.09%
CAGR	1.33%	1.81%	3.53%	1.87%	3.33%	—	3.73%
LSR	1.33%	-0.76%	4.33%	3.69%	—	—	—
EPS (Basic)
Avg YoY	16.82%	26.83%	27.62%	20.58%	9.94%	21.46%	31.27%
Slope	12.46%	14.63%	20.56%	16.64%	15.59%	13.66%	12.13%
CAGR	12.13%	22.66%	23.65%	14.21%	15.69%	20.32%	11.86%
LSR	12.13%	16.83%	25.45%	17.90%	—	—	—
EPS (Diluted)
Avg YoY	16.85%	26.96%	27.64%	20.69%	9.84%	21.58%	30.63%
Slope	12.46%	14.69%	20.58%	16.70%	15.66%	13.72%	12.19%
CAGR	12.13%	22.76%	23.65%	14.32%	15.82%	20.58%	11.84%
LSR	12.13%	16.92%	25.45%	18.01%	—	—	—
Shares (Basic)
Avg YoY	-2.34%	-3.58%	-1.72%	-1.60%	-2.05%	-1.33%	2.23%
Slope	-2.37%	-4.02%	-1.85%	-1.49%	-1.67%	-1.47%	-0.84%
CAGR	-2.34%	-3.61%	-1.75%	-1.62%	-2.09%	-1.37%	0.92%
LSR	-2.34%	-3.92%	-1.88%	-1.51%	-1.65%	-1.48%	-0.78%
Shares (Diluted)
Avg YoY	-2.34%	-3.66%	-1.72%	-1.69%	-2.16%	-1.54%	2.23%
Slope	-2.37%	-4.10%	-1.86%	-1.59%	-1.77%	-1.63%	-0.95%
CAGR	-2.34%	-3.69%	-1.75%	-1.71%	-2.20%	-1.58%	0.94%
LSR	-2.34%	-3.99%	-1.89%	-1.60%	-1.74%	-1.63%	-0.88%

Product Segments

Metric / Stat	3Y	5Y	10Y	15Y	20Y
Other Revenue
Avg YoY	-23.72%	10.05%	20.97%	17.16%	17.16%
Slope	-26.62%	5.85%	14.53%	12.52%	12.52%
CAGR	-24.97%	3.60%	10.94%	9.34%	9.34%
LSR	-24.97%	6.61%	19.09%	13.62%	13.62%
PCB And Component Inspection
Avg YoY	1.88%	-5.24%	16.87%	16.87%	16.87%
Slope	-0.70%	-11.75%	0.63%	0.63%	0.63%
CAGR	-0.65%	-7.38%	9.80%	9.80%	9.80%
LSR	-0.65%	-11.00%	2.23%	2.23%	2.23%
Patterning
Avg YoY	-7.68%	17.85%	16.12%	16.12%	16.12%
Slope	-10.16%	10.07%	14.22%	14.22%	14.22%
CAGR	-9.17%	14.10%	14.32%	14.32%	14.32%
LSR	-9.17%	12.35%	16.16%	16.16%	16.16%
Service
Avg YoY	15.30%	16.77%	19.17%	15.22%	15.22%
Slope	14.25%	15.22%	15.53%	14.44%	14.44%
CAGR	15.28%	16.75%	18.95%	14.90%	14.90%
LSR	15.28%	16.70%	18.03%	16.39%	16.39%
Specialty Semiconductor Process
Avg YoY	5.19%	19.56%	33.23%	33.23%	33.23%
Slope	4.95%	14.59%	19.61%	19.61%	19.61%
CAGR	4.97%	18.52%	29.30%	29.30%	29.30%
LSR	4.97%	17.26%	26.67%	26.67%	26.67%
Defect Inspection
Avg YoY	24.27%	30.00%	22.46%	11.97%	11.97%
Slope	21.21%	20.88%	19.01%	11.94%	11.94%
CAGR	22.42%	28.27%	21.13%	10.15%	10.15%
LSR	22.42%	24.30%	21.18%	10.74%	10.74%

Geographic Segments

Metric / Stat	3Y	5Y	10Y	15Y	20Y
CHINA
Avg YoY	24.39%	28.56%	33.58%	33.58%	33.58%
Slope	18.00%	22.62%	24.66%	24.66%	24.66%
CAGR	21.58%	26.56%	30.55%	30.55%	30.55%
LSR	21.58%	27.72%	35.07%	35.07%	35.07%
Europe and Israel
Avg YoY	-5.11%	17.57%	19.19%	9.65%	9.65%
Slope	-6.53%	8.18%	14.27%	9.10%	9.10%
CAGR	-6.05%	13.90%	16.68%	5.62%	5.62%
LSR	-6.05%	10.34%	16.88%	8.80%	8.80%
JAPAN
Avg YoY	15.73%	20.03%	15.95%	11.97%	11.97%
Slope	14.66%	17.88%	12.56%	10.20%	10.20%
CAGR	15.66%	19.79%	12.94%	9.34%	9.34%
LSR	15.66%	20.15%	13.50%	10.33%	10.33%
KOREA, REPUBLIC OF
Avg YoY	6.19%	16.20%	30.91%	20.59%	20.59%
Slope	-12.83%	1.69%	11.78%	11.71%	11.71%
CAGR	-10.36%	5.88%	18.56%	10.11%	10.11%
LSR	-10.36%	1.09%	14.83%	13.22%	13.22%
North America
Avg YoY	8.70%	21.95%	14.57%	8.39%	8.39%
Slope	6.87%	16.10%	14.15%	7.96%	7.96%
CAGR	6.69%	19.90%	13.24%	6.11%	6.11%
LSR	6.69%	18.56%	14.92%	7.20%	7.20%
Rest of Asia
Avg YoY	-1.20%	17.25%	15.16%	7.02%	7.02%
Slope	-1.21%	13.93%	15.60%	2.54%	2.54%
CAGR	-1.20%	15.56%	12.36%	0.38%	0.38%
LSR	-1.20%	16.56%	16.98%	2.23%	2.23%
TAIWAN, PROVINCE OF CHINA
Avg YoY	29.78%	29.88%	24.97%	17.45%	17.45%
Slope	17.02%	13.56%	15.87%	12.11%	12.11%
CAGR	16.10%	21.84%	17.29%	11.73%	11.73%
LSR	16.10%	14.02%	17.92%	11.88%	11.88%
United States
Avg YoY	10.62%	10.62%	10.62%	10.62%	10.62%
Slope	10.09%	10.09%	10.09%	10.09%	10.09%
CAGR	10.62%	10.62%	10.62%	10.62%	10.62%
LSR	—	—	—	—	—

Balance Sheet

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
Cash & Cash Equivalents
Avg YoY	6.33%	14.36%	10.47%	12.20%	10.15%	12.11%	13.94%
Slope	6.15%	13.14%	9.84%	9.46%	7.53%	7.07%	7.14%
CAGR	6.33%	13.92%	9.15%	9.84%	5.59%	7.56%	9.66%
LSR	6.33%	14.69%	9.95%	9.96%	7.52%	7.19%	8.12%
Short-Term Investments
Avg YoY	47.58%	32.60%	15.54%	12.21%	14.19%	23.84%	24.61%
Slope	28.31%	27.92%	8.56%	1.97%	4.48%	5.83%	7.21%
CAGR	38.77%	27.57%	8.29%	6.19%	6.10%	13.56%	—
LSR	38.77%	33.19%	7.15%	0.84%	4.71%	8.19%	—
Cash & Short-Term Investments
Avg YoY	22.31%	21.35%	11.46%	9.92%	8.10%	12.79%	15.62%
Slope	17.50%	20.33%	9.21%	5.32%	5.86%	6.40%	7.18%
CAGR	20.54%	20.29%	8.68%	7.65%	5.86%	9.81%	12.61%
LSR	20.54%	23.29%	8.47%	4.59%	5.81%	7.42%	10.20%
Net Receivables
Avg YoY	15.14%	18.78%	19.98%	13.77%	17.25%	14.92%	13.53%
Slope	14.11%	13.65%	17.28%	13.38%	11.52%	10.27%	8.77%
CAGR	14.82%	17.87%	18.24%	11.89%	11.88%	9.52%	7.92%
LSR	14.82%	15.21%	21.06%	13.83%	11.85%	10.54%	8.37%
Inventory
Avg YoY	8.20%	25.25%	21.53%	15.99%	14.63%	12.34%	12.97%
Slope	7.86%	19.69%	19.43%	15.57%	13.25%	11.58%	10.38%
CAGR	8.20%	24.07%	20.58%	15.04%	13.40%	10.89%	10.59%
LSR	8.20%	24.34%	23.06%	16.48%	13.64%	11.75%	10.62%
Other Current Assets
Avg YoY	45.67%	58.21%	87.34%	47.93%	37.46%	28.73%	30.48%
Slope	28.47%	33.32%	30.62%	3.69%	-3.20%	-2.50%	0.12%
CAGR	38.43%	48.96%	52.20%	1.75%	2.70%	1.09%	6.15%
LSR	38.43%	48.42%	56.75%	3.72%	-4.76%	-4.83%	-1.45%
Total Current Assets
Avg YoY	15.77%	21.67%	14.41%	10.43%	9.08%	10.13%	11.47%
Slope	14.03%	18.92%	14.42%	9.57%	8.36%	7.88%	7.84%
CAGR	15.50%	21.38%	13.84%	9.79%	8.26%	9.12%	10.09%
LSR	15.50%	22.09%	14.84%	8.85%	7.98%	8.07%	8.97%
Property, Plant & Equipment
Avg YoY	3.22%	18.63%	21.90%	15.33%	10.18%	9.34%	10.95%
Slope	2.78%	15.58%	20.14%	15.23%	11.08%	8.43%	7.94%
CAGR	2.90%	17.42%	20.31%	13.92%	8.65%	7.99%	9.34%
LSR	2.90%	18.64%	25.47%	15.83%	9.80%	6.77%	7.31%
Goodwill
Avg YoY	-9.19%	1.52%	58.73%	38.51%	50.38%	50.38%	50.38%
Slope	-9.62%	0.28%	14.99%	16.07%	13.82%	13.64%	12.81%
CAGR	-9.19%	0.88%	22.62%	14.86%	21.25%	—	—
LSR	-9.19%	0.36%	27.38%	21.96%	17.31%	—	—
Intangible Assets
Avg YoY	-29.33%	-17.67%	915.22%	573.37%	445.52%	405.28%	405.28%
Slope	-33.65%	-19.02%	10.86%	16.96%	14.19%	13.67%	12.83%
CAGR	-29.39%	-18.74%	70.28%	14.42%	—	—	—
LSR	-29.39%	-19.21%	70.67%	39.03%	—	—	—
Long-Term Investments
Avg YoY	—	—	—	-32.56%	-26.47%	-26.47%	-26.47%
Slope	—	—	—	28.99%	13.35%	3.73%	-0.75%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Tax Assets
Avg YoY	19.19%	52.61%	23.34%	32.03%	21.46%	25.15%	25.15%
Slope	17.60%	30.24%	21.60%	18.27%	10.23%	9.54%	9.96%
CAGR	19.13%	47.64%	17.56%	16.12%	7.98%	—	—
LSR	19.13%	44.50%	22.33%	19.59%	7.62%	—	—
Other Non-Current Assets
Avg YoY	40.80%	29.59%	22.70%	15.68%	16.25%	12.25%	12.91%
Slope	33.45%	24.39%	17.96%	13.22%	8.11%	0.91%	0.42%
CAGR	37.54%	27.33%	21.08%	14.16%	10.57%	3.01%	4.90%
LSR	37.54%	25.76%	19.03%	12.82%	7.20%	1.15%	0.10%
Total Non-Current Assets
Avg YoY	-0.61%	8.49%	41.93%	29.84%	23.04%	19.85%	19.25%
Slope	-0.63%	6.80%	16.34%	16.58%	12.74%	10.43%	9.50%
CAGR	-0.62%	8.07%	21.61%	16.30%	11.52%	9.73%	10.62%
LSR	-0.62%	7.50%	25.46%	21.88%	13.08%	9.46%	9.01%
Total Assets
Avg YoY	9.26%	16.22%	17.04%	12.41%	10.24%	10.21%	11.30%
Slope	8.69%	14.22%	15.16%	11.99%	9.85%	8.75%	8.40%
CAGR	9.20%	15.97%	15.94%	11.43%	9.16%	9.31%	10.26%
LSR	9.20%	16.14%	17.54%	12.36%	9.59%	8.60%	9.12%
Accounts Payable
Avg YoY	14.82%	13.25%	20.76%	12.01%	13.57%	13.99%	12.91%
Slope	13.47%	7.84%	15.53%	12.80%	11.11%	10.30%	9.33%
CAGR	13.83%	11.72%	19.70%	10.58%	11.07%	10.54%	9.19%
LSR	13.83%	8.15%	19.25%	13.62%	11.48%	11.17%	9.90%
Short-Term Debt
Avg YoY	-100.00%	-100.00%	-100.00%	-100.00%	-100.00%	-100.00%	-44.27%
Slope	0.00%	46.58%	15.66%	19.89%	16.42%	15.31%	12.86%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Tax Payables
Avg YoY	-80.27%	28.65%	34.80%	40.96%	29.14%	29.14%	29.14%
Slope	-107.56%	-8.48%	20.65%	17.56%	12.77%	12.97%	12.34%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Deferred Revenue
Avg YoY	7.54%	32.05%	26.56%	20.14%	27.54%	20.85%	20.85%
Slope	6.38%	23.02%	22.94%	18.92%	15.89%	13.76%	12.89%
CAGR	6.86%	29.35%	24.96%	18.51%	21.09%	—	—
LSR	6.86%	30.72%	28.84%	21.73%	17.88%	—	—
Other Current Liabilities
Avg YoY	-19.14%	11.72%	10.20%	7.73%	3.85%	3.60%	8.80%
Slope	-24.98%	4.18%	12.98%	10.16%	6.62%	3.51%	3.73%
CAGR	-25.58%	2.02%	5.51%	4.46%	0.92%	-0.68%	3.79%
LSR	-25.58%	4.26%	13.94%	9.83%	5.67%	2.76%	3.34%
Total Current Liabilities
Avg YoY	-1.86%	22.57%	20.93%	14.82%	11.30%	8.55%	12.18%
Slope	-6.12%	15.90%	18.65%	15.42%	12.07%	9.52%	8.80%
CAGR	-6.66%	17.05%	17.27%	12.15%	9.18%	6.43%	9.39%
LSR	-6.66%	20.20%	21.92%	16.44%	11.38%	8.16%	8.31%
Long-Term Debt
Avg YoY	2.34%	24.96%	13.53%	32.83%	27.53%	27.53%	27.53%
Slope	2.31%	11.06%	12.91%	14.37%	14.26%	13.93%	13.01%
CAGR	2.34%	18.89%	9.46%	17.91%	—	—	—
LSR	2.34%	14.64%	13.98%	20.01%	—	—	—
Capital Lease Obligations
Avg YoY	11.41%	24.97%	20.95%	20.95%	20.95%	20.95%	20.95%
Slope	10.71%	21.29%	31.22%	27.19%	22.78%	19.38%	16.79%
CAGR	11.39%	23.16%	—	—	—	—	—
LSR	11.39%	25.67%	—	—	—	—	—
Deferred Tax Liabilities
Avg YoY	-5.90%	-5.28%	8,386.17%	5,336.62%	4,177.70%	4,177.70%	3,644.85%
Slope	-6.07%	-6.40%	15.98%	16.97%	16.58%	15.41%	13.94%
CAGR	-5.91%	-5.48%	—	15.22%	—	—	14.76%
LSR	-5.91%	-6.26%	—	—	—	—	—
Other Non-Current Liabilities
Avg YoY	-4.44%	-1.48%	22.87%	15.57%	77.11%	77.11%	67.78%
Slope	-4.53%	-2.22%	8.22%	11.29%	11.98%	12.47%	11.99%
CAGR	-4.46%	-1.68%	14.47%	9.83%	—	—	32.42%
LSR	-4.46%	-2.22%	13.02%	14.51%	—	—	—
Total Non-Current Liabilities
Avg YoY	1.50%	18.14%	14.19%	26.28%	95.67%	95.67%	77.57%
Slope	1.48%	8.88%	13.06%	14.49%	14.35%	13.99%	13.04%
CAGR	1.50%	14.42%	10.95%	17.07%	—	—	26.10%
LSR	1.50%	11.11%	14.95%	19.80%	—	—	—
Total Liabilities
Avg YoY	-0.51%	18.60%	15.26%	20.08%	21.18%	16.38%	18.53%
Slope	-1.13%	11.12%	14.72%	14.77%	13.63%	12.47%	11.56%
CAGR	-1.17%	15.18%	12.50%	15.24%	16.32%	11.90%	13.88%
LSR	-1.17%	13.90%	16.92%	18.48%	17.11%	15.41%	15.00%
Common Stock
Avg YoY	0.51%	0.12%	-0.06%	0.07%	0.30%	-4.24%	0.02%
Slope	0.51%	0.54%	-0.28%	-0.02%	3.04%	1.14%	2.12%
CAGR	0.51%	0.07%	-0.09%	0.05%	—	0.12%	—
LSR	0.51%	0.54%	-0.28%	-0.02%	—	—	—
Retained Earnings
Avg YoY	66.57%	53.13%	54.53%	-148.77%	-108.62%	-82.90%	-65.59%
Slope	50.06%	26.72%	13.78%	-2.35%	-2.73%	-0.89%	1.19%
CAGR	64.11%	18.67%	27.60%	2.93%	2.35%	4.77%	6.61%
LSR	64.11%	29.79%	13.63%	—	—	—	—
Accumulated OCI
Avg YoY	-31.72%	-20.80%	-3.61%	62.16%	55.95%	53.47%	41.91%
Slope	65.88%	31.73%	7.37%	-3.63%	-10.47%	-12.18%	-9.89%
CAGR	—	—	—	—	-7.99%	-1.62%	—
LSR	—	—	—	—	—	—	—
Minority Interest
Avg YoY	—	-39.36%	-51.97%	-51.97%	-61.58%	-58.33%	-58.33%
Slope	—	72.60%	-16.31%	6.18%	6.12%	4.50%	6.46%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Total Shareholders’ Equity
Avg YoY	71.00%	57.37%	61.87%	-5.82%	-3.21%	0.56%	4.31%
Slope	52.41%	28.58%	14.90%	-2.57%	-3.05%	-1.15%	1.03%
CAGR	67.78%	20.51%	30.29%	2.94%	2.33%	4.76%	7.38%
LSR	67.78%	31.84%	15.02%	—	—	—	—
Total Equity
Avg YoY	71.00%	57.77%	61.57%	-6.01%	-3.37%	0.45%	4.22%
Slope	52.41%	28.65%	14.80%	-2.55%	-3.04%	-1.14%	1.04%
CAGR	67.78%	20.55%	30.29%	2.94%	2.32%	4.76%	7.38%
LSR	67.78%	31.97%	14.93%	—	—	—	—
Total Liabilities & Equity
Avg YoY	5.44%	17.36%	15.33%	11.77%	11.00%	10.31%	12.57%
Slope	4.93%	12.92%	14.73%	11.90%	10.07%	9.15%	8.85%
CAGR	5.18%	16.06%	14.28%	11.00%	10.04%	9.48%	11.58%
LSR	5.18%	15.27%	16.67%	12.30%	10.07%	9.37%	10.16%
Tangible Assets
Avg YoY	15.50%	22.96%	15.43%	11.58%	9.16%	9.28%	10.53%
Slope	14.02%	19.61%	15.58%	10.91%	8.90%	7.71%	7.52%
CAGR	15.37%	22.66%	14.91%	11.00%	8.38%	8.62%	9.68%
LSR	15.37%	23.15%	16.28%	10.29%	8.24%	7.19%	7.87%
Tangible Equity
Avg YoY	-63.99%	-20.77%	-131.58%	-95.32%	-69.85%	-52.34%	-39.47%
Slope	85.62%	27.02%	-12.96%	-55.79%	-188.49%	-126.97%	-53.51%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Tangible Book Value
Avg YoY	-63.99%	-20.77%	-131.58%	-95.32%	-69.85%	-52.34%	-39.47%
Slope	85.62%	27.02%	-12.96%	-55.79%	-188.49%	-126.97%	-53.51%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Total Investments
Avg YoY	47.58%	32.60%	15.54%	12.21%	13.66%	26.34%	26.83%
Slope	28.31%	27.92%	8.56%	1.97%	4.69%	6.19%	7.46%
CAGR	38.77%	27.57%	8.29%	6.19%	6.10%	13.56%	—
LSR	38.77%	33.19%	7.15%	0.84%	5.12%	8.78%	—
Net Debt
Avg YoY	2.09%	36.95%	28.75%	515.02%	359.34%	288.56%	242.97%
Slope	0.32%	11.56%	14.62%	17.52%	19.24%	19.86%	18.45%
CAGR	0.34%	21.82%	9.63%	42.23%	—	—	—
LSR	0.34%	17.34%	16.95%	—	—	—	—

Capital Structure

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
Working Capital
Avg YoY	22.42%	20.98%	12.73%	9.24%	8.65%	11.95%	12.14%
Slope	20.22%	18.38%	11.73%	6.67%	6.66%	7.08%	7.32%
CAGR	22.38%	20.93%	11.69%	8.20%	7.53%	10.35%	9.93%
LSR	22.38%	20.33%	11.46%	5.90%	6.53%	8.05%	9.09%
Total Capital
Avg YoY	12.27%	16.10%	15.66%	11.13%	9.43%	10.44%	10.84%
Slope	11.31%	14.62%	14.05%	10.33%	8.57%	7.97%	7.80%
CAGR	12.18%	15.98%	14.46%	10.02%	8.38%	9.58%	9.84%
LSR	12.18%	16.34%	15.64%	10.23%	8.22%	8.09%	8.67%
Capital Employed
Avg YoY	10.32%	14.39%	16.28%	11.55%	10.06%	10.95%	11.26%
Slope	9.86%	12.39%	13.99%	10.85%	9.17%	8.53%	8.27%
CAGR	10.28%	14.27%	15.10%	10.45%	8.97%	10.06%	10.22%
LSR	10.28%	13.61%	16.26%	11.10%	9.05%	8.83%	9.32%
Invested Capital
Avg YoY	13.88%	16.65%	19.94%	13.18%	11.72%	12.26%	12.06%
Slope	12.60%	14.99%	15.20%	10.57%	8.85%	8.22%	7.99%
CAGR	13.72%	16.51%	16.21%	10.06%	9.33%	10.24%	9.89%
LSR	13.72%	16.75%	17.68%	10.36%	8.47%	8.35%	8.82%

Cash Flow

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
Net Income
Avg YoY	16.85%	26.98%	27.65%	20.70%	24.57%	33.04%	39.55%
Slope	12.46%	14.70%	20.58%	16.70%	15.66%	13.74%	12.06%
CAGR	12.12%	22.78%	23.65%	14.32%	15.82%	20.58%	9.98%
LSR	12.12%	16.93%	25.45%	18.01%	—	—	—
Depreciation & Amortization
Avg YoY	-0.23%	8.70%	38.66%	23.75%	20.95%	17.53%	15.23%
Slope	-0.23%	8.05%	18.65%	15.69%	11.69%	10.11%	9.05%
CAGR	-0.23%	8.27%	23.94%	13.43%	12.03%	10.24%	8.96%
LSR	-0.23%	8.79%	30.09%	18.13%	11.10%	9.28%	8.34%
Deferred Income Tax
Avg YoY	-7.68%	-168.38%	144.48%	115.98%	129.17%	87.46%	64.77%
Slope	8.29%	-13.75%	-36.38%	-45.23%	-28.56%	-19.84%	-12.95%
CAGR	-6.88%	59.35%	—	—	5.57%	8.01%	8.09%
LSR	-6.88%	36.09%	—	—	—	—	—
Stock-Based Compensation
Avg YoY	27.32%	29.25%	24.76%	12.50%	9.46%	9.46%	9.46%
Slope	23.89%	25.69%	20.18%	12.68%	11.53%	12.18%	11.79%
CAGR	27.31%	28.82%	23.93%	10.69%	—	—	—
LSR	27.31%	30.33%	23.64%	11.58%	—	—	—
Change in Working Capital
Avg YoY	-1,187.75%	-575.17%	-241.87%	-194.23%	-144.43%	-320.14%	-227.36%
Slope	-117.94%	-30.53%	-31.56%	-23.04%	-15.98%	-15.02%	-12.24%
CAGR	—	32.54%	32.52%	10.24%	9.16%	—	6.02%
LSR	—	—	—	—	—	—	—
Accounts Receivable
Avg YoY	-217.35%	-125.65%	-40.49%	-40.93%	-18.47%	-42.12%	-48.75%
Slope	-97.73%	-0.68%	-21.94%	-18.20%	-17.79%	-19.17%	-11.65%
CAGR	181.92%	20.45%	55.12%	9.70%	8.71%	—	3.75%
LSR	181.92%	-2.44%	—	—	—	—	—
Inventory
Avg YoY	40.58%	-19.23%	-61.84%	-58.74%	-11.00%	-23.37%	-39.84%
Slope	81.38%	14.00%	-17.25%	-16.19%	-18.05%	-15.70%	-11.77%
CAGR	-53.40%	-9.61%	11.63%	1.08%	5.37%	3.41%	1.09%
LSR	-53.40%	-17.64%	23.35%	—	—	—	—
Accounts Payable
Avg YoY	77.76%	-16.74%	142.29%	77.90%	78.90%	78.90%	78.90%
Slope	323.45%	-85.64%	-8.26%	8.51%	13.42%	13.39%	12.63%
CAGR	—	-16.13%	32.68%	1.64%	—	—	—
LSR	—	—	—	—	—	—	—
Other Working Capital
Avg YoY	-523.21%	-159.08%	348.45%	228.61%	127.66%	103.79%	106.82%
Slope	-207.53%	-38.43%	11.27%	13.05%	20.20%	19.32%	11.21%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Other Non-Cash Items
Avg YoY	970.72%	551.89%	1,036.42%	631.12%	482.44%	402.46%	2,764.87%
Slope	77.35%	63.26%	31.72%	24.20%	2.76%	2.13%	4.45%
CAGR	—	—	—	31.98%	3.93%	0.97%	—
LSR	—	—	—	—	—	—	—
Net Cash from Operating Activities
Avg YoY	9.23%	23.42%	24.59%	16.43%	25.75%	20.45%	22.35%
Slope	8.06%	15.12%	19.21%	15.24%	13.67%	12.09%	11.08%
CAGR	7.99%	21.39%	22.69%	14.07%	17.00%	11.84%	12.17%
LSR	7.99%	18.01%	23.60%	16.03%	15.49%	13.28%	12.85%
Capital Expenditures (PPE)
Avg YoY	-4.25%	-16.18%	-36.14%	-21.52%	-17.82%	-14.50%	-15.95%
Slope	-2.30%	-10.04%	-21.93%	-17.23%	-13.69%	-9.19%	-7.03%
CAGR	2.19%	14.30%	32.47%	16.49%	10.81%	4.79%	4.91%
LSR	2.19%	11.34%	34.93%	19.60%	13.56%	7.34%	4.85%
Acquisitions (Net)
Avg YoY	-4.32%	-729.48%	-1,630.19%	-1,437.94%	-1,389.16%	-1,128.50%	-1,014.66%
Slope	-164.17%	52.73%	11.61%	-8.05%	-1.89%	-5.63%	-7.09%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Purchases of Investments
Avg YoY	-47.66%	-36.55%	-58.36%	-39.06%	-24.80%	-29.26%	-24.50%
Slope	-29.67%	-31.18%	-15.70%	-5.10%	-0.38%	-0.30%	-1.95%
CAGR	40.36%	31.41%	11.78%	8.30%	-0.25%	6.61%	5.18%
LSR	40.36%	38.41%	16.69%	2.70%	-0.57%	-0.55%	1.64%
Sales / Maturities of Investments
Avg YoY	55.53%	44.83%	14.78%	18.01%	7.65%	16.84%	13.68%
Slope	43.61%	35.59%	11.65%	4.53%	-0.75%	-0.12%	1.70%
CAGR	53.24%	43.03%	10.75%	11.13%	-0.35%	7.39%	5.53%
LSR	53.24%	41.96%	9.00%	3.44%	-0.24%	0.04%	2.10%
Other Investing Activities
Avg YoY	28.79%	452.66%	239.89%	122.75%	98.32%	83.06%	65.61%
Slope	84.44%	-13.05%	12.62%	2.64%	-6.79%	0.16%	3.44%
CAGR	—	41.64%	0.69%	-5.55%	—	—	—
LSR	—	—	—	—	—	—	—
Net Cash from Investing Activities
Avg YoY	-63.17%	-41.50%	-113.81%	-74.53%	-121.80%	-83.68%	-78.82%
Slope	18.55%	-3.32%	-16.71%	-12.79%	-11.11%	-7.84%	-7.14%
CAGR	-33.97%	-17.19%	—	-2.34%	—	0.03%	1.89%
LSR	-33.97%	-8.43%	—	—	—	—	—
Net Debt Issuance
Avg YoY	-4.27%	2,777.19%	1,178.06%	1,049.65%	945.13%	797.67%	558.61%
Slope	1.35%	-87.82%	12.88%	3.01%	5.53%	8.34%	9.21%
CAGR	-0.47%	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Long-Term Debt Issuance
Avg YoY	-4.27%	2,777.19%	1,178.06%	1,049.65%	945.13%	797.67%	558.61%
Slope	1.35%	-87.82%	12.88%	3.01%	5.53%	8.34%	9.21%
CAGR	-0.47%	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Net Stock Issuance
Avg YoY	-32.96%	-116.23%	-196.01%	-147.25%	-432.57%	-311.09%	-231.47%
Slope	-27.69%	0.54%	-22.96%	-20.42%	-15.01%	-14.40%	-13.56%
CAGR	32.86%	28.47%	36.39%	25.13%	36.07%	17.60%	—
LSR	32.86%	10.70%	—	—	—	—	—
Common Stock Issuance
Avg YoY	12.99%	20.00%	18.98%	6.96%	13.47%	15.48%	18.95%
Slope	11.78%	16.83%	16.62%	3.27%	-0.03%	0.38%	2.13%
CAGR	12.80%	19.59%	18.59%	3.18%	0.44%	3.66%	5.41%
LSR	12.80%	19.56%	19.21%	3.15%	0.69%	0.28%	2.88%
Common Stock Repurchased
Avg YoY	-31.18%	-105.85%	-164.56%	-112.49%	-97.40%	-85.01%	-90.23%
Slope	-26.40%	-0.46%	-22.53%	-18.79%	-13.27%	-12.45%	-11.85%
CAGR	31.08%	27.73%	33.93%	19.18%	15.24%	13.42%	21.71%
LSR	31.08%	10.89%	51.91%	23.61%	12.36%	13.17%	—
Net Dividends Paid
Avg YoY	-13.91%	-17.22%	-13.47%	-74.67%	-59.89%	-71.76%	-71.76%
Slope	-13.07%	-15.29%	-12.94%	-4.45%	-8.69%	-10.32%	-10.50%
CAGR	13.79%	17.09%	13.24%	14.77%	15.10%	—	—
LSR	13.79%	16.88%	13.87%	10.39%	15.22%	—	—
Common Dividends Paid
Avg YoY	-13.91%	-17.22%	-13.47%	-74.67%	-59.89%	-71.76%	-71.76%
Slope	-13.07%	-15.29%	-12.94%	-4.45%	-8.69%	-10.32%	-10.50%
CAGR	13.79%	17.09%	13.24%	14.77%	15.10%	—	—
LSR	13.79%	16.88%	13.87%	10.39%	15.22%	—	—
Other Financing Activities
Avg YoY	-13.16%	-31.10%	-34.59%	-23.90%	-145.77%	-136.01%	-134.30%
Slope	-9.83%	-23.27%	-24.54%	-17.75%	-17.67%	-16.47%	-14.77%
CAGR	11.12%	28.60%	32.92%	15.49%	—	—	—
LSR	11.12%	30.42%	34.17%	18.59%	—	—	—
Net Cash from Financing Activities
Avg YoY	-40.88%	-42.90%	-57.61%	-50.62%	-69.99%	-29.03%	-23.31%
Slope	-19.88%	-20.62%	-21.06%	-16.66%	-14.50%	-14.06%	-13.24%
CAGR	18.51%	30.91%	24.08%	21.94%	24.87%	20.91%	—
LSR	18.51%	22.41%	25.98%	19.19%	17.21%	—	—
Effect of FX on Cash
Avg YoY	141.69%	2.66%	-553.58%	-421.95%	-272.88%	-193.01%	104.78%
Slope	279.10%	24.10%	-27.96%	-17.22%	-35.24%	-55.69%	-51.31%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Net Change in Cash
Avg YoY	12.58%	37.19%	47.07%	55.60%	224.28%	182.84%	156.28%
Slope	-70.82%	-14.40%	4.65%	6.81%	13.21%	7.08%	4.90%
CAGR	-44.22%	-12.33%	-8.69%	-2.37%	-5.62%	4.54%	1.56%
LSR	-44.22%	-18.62%	—	—	—	—	—
Cash at Beginning of Period
Avg YoY	14.84%	17.07%	13.50%	14.19%	13.58%	13.31%	14.37%
Slope	12.97%	15.93%	10.31%	9.69%	7.15%	7.22%	7.28%
CAGR	14.37%	16.80%	11.97%	11.78%	8.30%	7.80%	8.23%
LSR	14.37%	17.88%	10.58%	10.36%	7.08%	7.68%	8.35%
Cash at End of Period
Avg YoY	6.33%	14.36%	10.47%	12.20%	10.15%	11.94%	11.87%
Slope	6.15%	13.14%	9.84%	9.46%	7.53%	7.21%	7.08%
CAGR	6.33%	13.92%	9.15%	9.84%	5.59%	7.56%	7.37%
LSR	6.33%	14.69%	9.95%	9.96%	7.52%	7.44%	7.80%
Operating Cash Flow
Avg YoY	9.23%	23.42%	24.59%	16.43%	25.75%	20.45%	22.35%
Slope	8.06%	15.12%	19.21%	15.24%	13.67%	12.09%	11.08%
CAGR	7.99%	21.39%	22.69%	14.07%	17.00%	11.84%	12.17%
LSR	7.99%	18.01%	23.60%	16.03%	15.49%	13.28%	12.85%
Capital Expenditure
Avg YoY	-4.25%	-16.18%	-36.14%	-21.52%	-17.82%	-14.50%	-15.95%
Slope	-2.30%	-10.04%	-21.93%	-17.23%	-13.69%	-9.19%	-7.03%
CAGR	2.19%	14.30%	32.47%	16.49%	10.81%	4.79%	4.91%
LSR	2.19%	11.34%	34.93%	19.60%	13.56%	7.34%	4.85%
Free Cash Flow
Avg YoY	9.74%	24.24%	24.37%	16.52%	28.12%	26.23%	54.61%
Slope	8.60%	15.63%	18.95%	15.06%	13.66%	12.39%	11.54%
CAGR	8.57%	22.15%	22.08%	13.88%	18.12%	13.82%	15.24%
LSR	8.57%	18.72%	22.91%	15.75%	15.83%	14.76%	—

Free Cash Flow

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
EBITDA
Avg YoY	18.20%	25.26%	24.12%	15.66%	463.89%	368.81%	314.73%
Slope	15.53%	17.27%	19.36%	15.66%	14.46%	12.66%	11.33%
CAGR	15.75%	23.43%	22.97%	13.32%	17.85%	12.29%	10.97%
LSR	15.75%	19.67%	23.13%	16.64%	21.18%	15.55%	13.01%
(-) Tax Adjustment
Avg YoY	26.09%	43.27%	41.09%	24.68%	996.96%	779.48%	653.85%
Slope	23.24%	27.82%	13.17%	9.24%	10.02%	9.00%	8.03%
CAGR	25.91%	24.83%	18.20%	6.89%	—	8.72%	7.11%
LSR	25.91%	33.86%	13.18%	8.05%	—	—	—
Change In Working Capital
Avg YoY	-1,187.75%	-575.17%	-241.87%	-194.23%	-144.43%	-320.14%	-227.36%
Slope	-117.94%	-30.53%	-31.56%	-23.04%	-15.98%	-15.02%	-12.24%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Capital Expenditure
Avg YoY	-4.25%	-16.18%	-36.14%	-21.52%	-17.82%	-14.50%	-15.95%
Slope	-2.30%	-10.04%	-21.93%	-17.23%	-13.69%	-9.19%	-7.03%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Unlevered Free Cash Flow
Avg YoY	26.96%	28.14%	29.43%	22.94%	87.16%	96.73%	185.55%
Slope	22.59%	17.56%	20.87%	17.03%	15.36%	13.78%	12.44%
CAGR	23.63%	24.95%	24.21%	14.10%	15.80%	17.41%	11.67%
LSR	23.63%	19.45%	26.31%	19.23%	20.68%	—	—
Net Interest After Taxes
Avg YoY	23.56%	-3.85%	-9.95%	-20.63%	-35.64%	-35.64%	-35.64%
Slope	28.26%	0.39%	-9.81%	-12.40%	-13.21%	-13.26%	-12.54%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Net Debt Issuance
Avg YoY	-4.27%	2,777.19%	1,178.06%	1,049.65%	945.13%	797.67%	558.61%
Slope	1.35%	-87.82%	12.88%	3.01%	5.53%	8.34%	9.21%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Levered Free Cash Flow
Avg YoY	28.21%	46.38%	245.90%	182.17%	176.93%	167.71%	737.03%
Slope	22.34%	6.38%	19.74%	14.98%	13.87%	13.00%	11.99%
CAGR	26.79%	19.75%	23.16%	12.84%	15.01%	16.72%	11.03%
LSR	26.79%	10.86%	33.71%	18.02%	17.69%	—	—

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Full Access

KLA Corporation (KLAC)

Enterprise Value

Income Statement

Product Segments

Geographic Segments

Balance Sheet

Capital Structure

Cash Flow

Free Cash Flow