MetaCap

Flex (FLEX) vs KLA (KLAC)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Flex (FLEX) has outperformed KLA (KLAC) over the past year, gaining 108.5% versus a gain of 81.5%. Over five years, FLEX leads with a +731.7% price change compared with +498.1% for KLAC. KLA is the larger company by market cap ($256.86 billion vs $44.09 billion), about 5.8 times the size.

On valuation, Flex trades at a lower forward P/E (16.9x vs 29.4x for KLA). KLA pays a dividend yielding 0.41%, while Flex does not currently pay one. KLA converts more of its revenue into profit, with a net margin of 35.6% versus 3.2%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

FLEX+108.45%KLAC+81.45%
+193%+87%-19%
Oct 7, 20251 yearOct 7, 2026
FLEX+745.06%KLAC+503.68%
+1026%+476%-74%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

FLEX versus KLAC key metrics
MetricFLEXKLAC
Share price$119.34$196.83
Market cap$44.09B$256.86B
1-day change-1.68%-0.32%
YTD return+97.52%+61.99%
1-year return+108.45%+81.45%
5-year return+731.74%+498.09%
P/E ratio (TTM)46.0853.78
Forward P/E16.9129.35
EPS (TTM)$2.59$3.66
Dividend yield0.00%0.41%
Annual dividend$0.00$0.80
Revenue (latest FY)$27.91B$13.58B
Revenue growth (YoY)+8.14%+11.71%
Net income (latest FY)$880.00M$4.83B
Gross margin9.20%61.30%
Operating margin4.90%—
Net margin3.15%35.57%
52-week high$166.86$307.37
52-week low$53.07$98.10
Distance from 52-week high-28.48%-35.96%
Analyst consensusstrong_buybuy
Avg. price target upside+34.49%+18.26%
Average volume3.65M10.17M
Shares outstanding369.46M1.31B
Employees149,68617,000
SectorTechnologyTechnology
IndustryElectrical ProductsElectronic Components

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • KLA is about 5.8 times larger than Flex by market value ($256.86B vs $44.09B).
  • FLEX has outperformed KLAC by 27.0 percentage points over the past year.
  • KLA is more profitable, keeping 35.6 cents of every revenue dollar as net income versus 3.2 cents for Flex.

About Flex

FLEX stock →

Flex Ltd. provides technology innovation, supply chain, and manufacturing solutions to data center, communications, enterprise, consumer, automotive, healthcare, industrial, and power industries in the Americas, Asia, and Europe.

Technology · Electrical Products · 149,686 employees

About KLA

KLAC stock →

KLA Corporation, together with its subsidiaries, provides process control and process-enabling solutions for manufacturing wafers, reticles/masks, chemicals/materials, integrated circuits (ICs), packaged ICs, and printed circuit boards. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB and Component Inspection.

Technology · Electronic Components · 17,000 employees

FLEX vs KLAC FAQ

Which is bigger, Flex or KLA?

KLA (KLAC) is larger, with a market capitalization of $256.86B compared with $44.09B for Flex (FLEX).

Which stock has performed better over the past year, FLEX or KLAC?

FLEX returned +108.45% over the past 12 months, compared with +81.45% for KLAC (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, FLEX or KLAC?

FLEX has the lower trailing P/E at 46.1, versus 53.8 for KLAC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Flex or KLA?

KLA pays a dividend yielding 0.41%, while Flex does not currently pay a regular dividend.

Are Flex and KLA in the same industry?

Both are in the Technology sector, but in different industries: Electrical Products for Flex and Electronic Components for KLA.

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