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Held by 1,078 of 5,944 reporting institutions (99th percentile) — extremely crowded.
Data as of Q1 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $331.44 today, the market must believe free cash flow compounds 20.5%/yr for a decade (off $1.1B normalized FCF).
The market's 20.5% is more optimistic than its 9-yr track record.
2-stage DCF · 0.17B shares · net debt $661M
mean 23.0% · volatility σ 44% · implied rate exceeded in 5/9 yrs
Central path = implied 20.5%/yr growth; shaded band = ±1σ (44%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Comfortably covers interest; leverage rising year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $375M buybacks = $375M returned on $1.3B FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Modest payoff on reinvested capital. Current ROIC on all capital: 10%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest is easily covered by operating profit. Effective rate ~3.8% on $2.5B of debt.
Cash of $1.9B fully covers short-term debt of $0.
Mostly long-term debt (balance-sheet current vs non-current split). A year-by-year maturity schedule wasn't disclosed for this issuer.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.38B 100.0% | $4.98B 100.0% | $5.46B 100.0% | $5.42B 100.0% | $4.94B 100.0% | $4.22B 100.0% | $4.30B 100.0% | $3.88B 100.0% | $3.19B 100.0% | $2.92B 100.0% |
| Cost of Revenue | $2.04B 37.9% | $1.85B 37.1% | $1.93B 35.4% | $1.97B 36.3% | $1.87B 37.9% | $1.69B 40.0% | $1.77B 41.1% | $1.77B 45.6% | $1.49B 46.6% | $1.29B 44.3% |
| Cost of Products | — | — | — | — | — | — | — | — | $1.21B 37.8% | $1.04B 35.7% |
| Cost of Services | — | — | — | — | — | — | — | — | $281.0M 8.8% | $252.0M 8.6% |
| Research & Development | $1.01B 18.7% | $919.0M 18.5% | $882.0M 16.1% | $841.0M 15.5% | $811.0M 16.4% | $715.0M 16.9% | $688.0M 16.0% | $624.0M 16.1% | $507.0M 15.9% | $434.0M 14.9% |
| Selling, General & Admin | $1.47B 27.4% | $1.40B 28.0% | $1.31B 23.9% | $1.28B 23.7% | $1.20B 24.2% | $1.10B 26.0% | $1.16B 26.8% | $1.21B 31.1% | $1.06B 33.2% | $832.0M 28.5% |
| Total Operating Expenses | $4.50B 83.7% | $4.15B 83.3% | $4.11B 75.1% | $4.09B 75.4% | $3.86B 78.1% | $3.46B 81.9% | $3.59B 83.5% | $4.27B 110.2% | $3.04B 95.4% | $2.54B 87.1% |
| Operating Income | $876.0M 16.3% | $833.0M 16.7% | $1.36B 24.9% | $1.33B 24.6% | $1.08B 21.9% | $765.0M 18.1% | $711.0M 16.5% | -$394.0M -10.2% | $148.0M 4.6% | $375.0M 12.9% |
| Interest Expense | $96.0M 1.8% | $84.0M 1.7% | $78.0M 1.4% | $79.0M 1.5% | $79.0M 1.6% | $78.0M 1.8% | $80.0M 1.9% | $83.0M 2.1% | $80.0M 2.5% | $47.0M 1.6% |
| Interest & Investment Income | $102.0M 1.9% | $81.0M 1.6% | $102.0M 1.9% | $16.0M 0.3% | $3.0M 0.1% | $11.0M 0.3% | $23.0M 0.5% | $12.0M 0.3% | $7.0M 0.2% | $3.0M 0.1% |
| Other Income (Expense), net | $200.0M 3.7% | $35.0M 0.7% | -$25.0M -0.5% | $14.0M 0.3% | $6.0M 0.1% | $63.0M 1.5% | $61.0M 1.4% | $54.0M 1.4% | $104.0M 3.3% | $35.0M 1.2% |
| Pretax Income | $1.08B 20.1% | $865.0M 17.4% | $1.36B 24.8% | $1.28B 23.7% | $1.01B 20.4% | $761.0M 18.0% | $715.0M 16.6% | $735.0M 19.0% | $598.0M 18.8% | $515.0M 17.6% |
| Income Tax Expense | $213.0M 4.0% | $251.0M 5.0% | $300.0M 5.5% | $161.0M 3.0% | $116.0M 2.3% | $134.0M 3.2% | $94.0M 2.2% | -$576.0M -14.9% | $77.0M 2.4% | $31.0M 1.1% |
| Net Income | $850.0M 15.8% | $614.0M 12.3% | $1.06B 19.3% | $1.12B 20.7% | $894.0M 18.1% | $627.0M 14.9% | $621.0M 14.4% | $165.0M 4.3% | $102.0M 3.2% | $335.0M 11.5% |
| Per Share | ||||||||||
| EPS (Basic) | $4.93 | $3.53 | $5.95 | $6.23 | $4.84 | $3.35 | $3.31 | $0.88 | $0.57 | $1.97 |
| EPS (Diluted) | $4.91 | $3.51 | $5.91 | $6.18 | $4.78 | $3.31 | $3.25 | $0.86 | $0.56 | $1.95 |
| Weighted Avg Shares (Basic) | 172.0M | 174.0M | 178.0M | 180.0M | 185.0M | 187.0M | 188.0M | 187.0M | 180.0M | 170.0M |
| Weighted Avg Shares (Diluted) | 173.0M | 175.0M | 179.0M | 182.0M | 187.0M | 189.0M | 191.0M | 191.0M | 182.0M | 172.0M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
EOD close · as of 2026-09-17
No material risks flagged.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Low operating leverage — profit tracks sales closely (stable, less cyclical).
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 45.6 | 41.1 | 40.0 | 37.9 | 36.3 | 35.4 | 37.1 | 37.9 |
| R&D | 16.1 | 16.0 | 16.9 | 16.4 | 15.5 | 16.1 | 18.5 | 18.7 |
| SG&A | 31.1 | 26.8 | 26.0 | 24.2 | 23.7 | 23.9 | 28.0 | 27.4 |
| Operating Income | -10.2 | 16.5 | 18.1 | 21.9 | 24.6 | 24.9 | 16.7 | 16.3 |
| Income Tax | -14.9 | 2.2 | 3.2 | 2.3 | 3.0 | 5.5 | 5.0 | 4.0 |
| Net Income | 4.3 | 14.4 | 14.9 | 18.1 | 20.7 | 19.3 | 12.3 | 15.8 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on KEYS: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Ranked against 743 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TSM | $11.16T | — | — | — | — | — | — | — | — | — | 3,121 |
| NVDA | $5.33T | 44.8× | 40.0× | 24.7× | 65.5% | 71.1% | 55.6% | 76.3% | 72.4% | 0.1× | 5,582 |
| AAPL | $4.98T | 45.2× | 34.8× | 12.0× | 6.4% | 46.9% | 26.9% | 152% | 68.1% | 0.6× | 5,858 |
| MSFT | $3.70T | 27.7× | 19.6× | 11.1× | 17.8% | 67.9% | 40.3% | 30.2% | 27.7% | 0.2× | 5,944 |
| AVGO | $1.65T | 72.8× | 65.1× | 25.8× | 23.9% | 67.8% | 36.2% | 28.4% | 15.8% | 2.5× | 4,442 |
| MU | $1.10T | 128.8× | 60.7× | 29.3× | 48.9% | 39.8% | 22.8% | 15.8% | 12.9% | 0.7× | 2,894 |
| AMD | $888.5B | 205.7× | 210.2× | 25.6× | 34.3% | 49.5% | 12.5% | 6.9% | 6.5% | 0.8× | 3,059 |
| INTC | $543.3B | — | 67.4× | 10.3× | -0.5% | 34.8% | -0.5% | -0.2% | -0.2% | 5.5× | 2,495 |
| CSCO | $436.6B | 43.2× | 36.6× | 7.7× | 5.3% | 64.9% | 18.0% | 21.7% | 13.6% | 2.3× | 3,560 |
| PLTR | $421.4B | 279.8× | 291.6× | 94.2× | 56.2% | 82.4% | 36.3% | 22.0% | 22.0% | — | 2,883 |
| DELL | $383.6B | 67.8× | 36.1× | 3.4× | 18.8% | 20.0% | 5.2% | -240% | 20.4% | 2.8× | 1,564 |
| LRCX | $341.7B | 64.9× | 54.5× | 18.5× | 23.7% | 48.7% | 29.1% | 54.3% | 37.4% | 0.7× | 2,500 |
| RPAY | $338.0B | — | — | 1092.8× | -1.2% | 75.0% | -83.0% | -53.0% | -28.2% | -1.7× | 142 |
| AMAT | $331.0B | 48.2× | 38.1× | 11.7× | 4.4% | 48.7% | 24.7% | 34.3% | 25.9% | 0.8× | 2,826 |
| UMC | $307.4B | — | — | — | — | — | — | — | — | — | 302 |
| ARM | $281.9B | 311.6× | 242.9× | 57.3× | 22.8% | 97.5% | 18.4% | 10.9% | 10.9% | — | 730 |
| SAP | $262.5B | — | — | — | — | — | — | — | — | — | 794 |
| ANET | $250.7B | 72.6× | 63.3× | 27.8× | 28.6% | 64.1% | 39.0% | 28.4% | 28.4% | — | 1,930 |
| PANW | $250.5B | 234.4× | 156.5× | 27.2× | 14.9% | 73.4% | 12.3% | 14.5% | 14.5% | — | 2,374 |
| SNDK | $235.7B | — | — | 32.0× | 10.4% | 30.1% | -22.3% | -17.8% | -14.8% | -1.5× | 1,127 |
| TXN | $234.6B | 47.4× | 30.9× | 13.3× | 13.0% | 57.0% | 28.3% | 30.7% | 16.5% | 1.8× | 2,345 |
| CRM | $225.6B | 31.1× | 24.4× | 5.4× | 9.6% | 77.7% | 18.0% | 12.6% | 10.1% | 1.5× | 2,547 |
| IBM | $222.8B | 21.3× | — | 3.3× | 7.6% | 58.2% | 15.7% | 32.4% | 11.3% | — | 3,351 |
| MRVL | $204.0B | 78.4× | 133.3× | 24.9× | 42.1% | 51.0% | 32.6% | 18.7% | 14.2% | 2.9× | 1,477 |
| QCOM | $202.7B | 37.7× | 15.2× | 4.6× | 13.7% | 55.4% | 12.5% | 26.1% | 15.4% | 1.1× | 2,611 |
| KEYS | $57.0B | 67.5× | 57.3× | 10.6× | 8.0% | 62.1% | 15.8% | 14.5% | 10.1% | 2.5× | 1,078 |
Peers = companies sharing KEYS's sector (Technology) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.