vs

Side-by-side financial comparison of Keysight Technologies (KEYS) and STIFEL FINANCIAL CORP (SF). Click either name above to swap in a different company.

Keysight Technologies is the larger business by last-quarter revenue ($1.4B vs $1.1B, roughly 1.3× STIFEL FINANCIAL CORP). STIFEL FINANCIAL CORP runs the higher net margin — 23.5% vs 16.4%, a 7.0% gap on every dollar of revenue. On growth, STIFEL FINANCIAL CORP posted the faster year-over-year revenue change (23.0% vs 10.3%). STIFEL FINANCIAL CORP produced more free cash flow last quarter ($369.0M vs $187.0M). Over the past eight quarters, STIFEL FINANCIAL CORP's revenue compounded faster (21.1% CAGR vs 6.2%).

Keysight Technologies, Inc. is an American company that manufactures electronics test and measurement equipment and software. The company was formed as a spin-off of Agilent Technologies, which inherited and rebranded the test and measurement product lines developed and produced, from the late 1960s to the turn of the millennium, by Hewlett-Packard's Test and Measurement division. Its name is a portmanteau of key and insight.

Stifel Financial Corp. is an American multinational independent investment bank and financial services company created under the Stifel name in July 1983 and listed on the New York Stock Exchange on November 24, 1986. Its predecessor company was founded in 1890 as the Altheimer and Rawlings Investment Company and is headquartered in downtown St. Louis, Missouri.

KEYS vs SF — Head-to-Head

Bigger by revenue
KEYS
KEYS
1.3× larger
KEYS
$1.4B
$1.1B
SF
Growing faster (revenue YoY)
SF
SF
+12.8% gap
SF
23.0%
10.3%
KEYS
Higher net margin
SF
SF
7.0% more per $
SF
23.5%
16.4%
KEYS
More free cash flow
SF
SF
$182.0M more FCF
SF
$369.0M
$187.0M
KEYS
Faster 2-yr revenue CAGR
SF
SF
Annualised
SF
21.1%
6.2%
KEYS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KEYS
KEYS
SF
SF
Revenue
$1.4B
$1.1B
Net Profit
$233.0M
$264.4M
Gross Margin
61.2%
Operating Margin
15.3%
27.3%
Net Margin
16.4%
23.5%
Revenue YoY
10.3%
23.0%
Net Profit YoY
419.2%
8.3%
EPS (diluted)
$1.35
$2.30

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KEYS
KEYS
SF
SF
Q4 25
$1.4B
$1.1B
Q3 25
$1.4B
$962.6M
Q2 25
$1.3B
$838.9M
Q1 25
$1.3B
$842.5M
Q4 24
$1.3B
$916.0M
Q3 24
$1.2B
$810.9M
Q2 24
$1.2B
$798.9M
Q1 24
$1.3B
$768.1M
Net Profit
KEYS
KEYS
SF
SF
Q4 25
$233.0M
$264.4M
Q3 25
$191.0M
$211.4M
Q2 25
$257.0M
$155.1M
Q1 25
$169.0M
$53.0M
Q4 24
$-73.0M
$244.0M
Q3 24
$389.0M
$158.5M
Q2 24
$126.0M
$165.3M
Q1 24
$172.0M
$163.6M
Gross Margin
KEYS
KEYS
SF
SF
Q4 25
61.2%
Q3 25
61.7%
Q2 25
62.3%
Q1 25
63.2%
Q4 24
62.3%
Q3 24
62.0%
Q2 24
62.7%
Q1 24
64.6%
Operating Margin
KEYS
KEYS
SF
SF
Q4 25
15.3%
27.3%
Q3 25
17.3%
29.7%
Q2 25
15.8%
25.5%
Q1 25
16.8%
7.5%
Q4 24
17.9%
29.1%
Q3 24
16.8%
26.7%
Q2 24
14.6%
28.4%
Q1 24
17.6%
28.5%
Net Margin
KEYS
KEYS
SF
SF
Q4 25
16.4%
23.5%
Q3 25
14.1%
22.0%
Q2 25
19.7%
18.5%
Q1 25
13.0%
6.3%
Q4 24
-5.7%
26.6%
Q3 24
32.0%
19.5%
Q2 24
10.4%
20.7%
Q1 24
13.7%
21.3%
EPS (diluted)
KEYS
KEYS
SF
SF
Q4 25
$1.35
$2.30
Q3 25
$1.10
$1.84
Q2 25
$1.49
$1.34
Q1 25
$0.97
$0.39
Q4 24
$-0.41
$2.10
Q3 24
$2.22
$1.34
Q2 24
$0.72
$1.41
Q1 24
$0.98
$1.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KEYS
KEYS
SF
SF
Cash + ST InvestmentsLiquidity on hand
$1.9B
$2.3B
Total DebtLower is stronger
$2.5B
$617.4M
Stockholders' EquityBook value
$5.9B
$6.0B
Total Assets
$11.3B
$41.3B
Debt / EquityLower = less leverage
0.43×
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KEYS
KEYS
SF
SF
Q4 25
$1.9B
$2.3B
Q3 25
$2.6B
$3.2B
Q2 25
$3.1B
$1.9B
Q1 25
$2.1B
$2.7B
Q4 24
$1.8B
$2.6B
Q3 24
$1.6B
$1.9B
Q2 24
$1.7B
$2.6B
Q1 24
$1.7B
$3.4B
Total Debt
KEYS
KEYS
SF
SF
Q4 25
$2.5B
$617.4M
Q3 25
$2.5B
$617.2M
Q2 25
$2.5B
$617.0M
Q1 25
$1.8B
$616.8M
Q4 24
$1.8B
$616.6M
Q3 24
$1.8B
$616.4M
Q2 24
$1.8B
$1.1B
Q1 24
$1.8B
$1.1B
Stockholders' Equity
KEYS
KEYS
SF
SF
Q4 25
$5.9B
$6.0B
Q3 25
$5.7B
$5.8B
Q2 25
$5.5B
$5.6B
Q1 25
$5.2B
$5.5B
Q4 24
$5.1B
$5.7B
Q3 24
$5.2B
$5.6B
Q2 24
$4.9B
$5.4B
Q1 24
$4.8B
$5.3B
Total Assets
KEYS
KEYS
SF
SF
Q4 25
$11.3B
$41.3B
Q3 25
$10.7B
$41.7B
Q2 25
$10.5B
$39.9B
Q1 25
$9.4B
$40.4B
Q4 24
$9.3B
$39.9B
Q3 24
$9.3B
$38.9B
Q2 24
$9.0B
$37.8B
Q1 24
$9.1B
$38.3B
Debt / Equity
KEYS
KEYS
SF
SF
Q4 25
0.43×
0.10×
Q3 25
0.45×
0.11×
Q2 25
0.46×
0.11×
Q1 25
0.35×
0.11×
Q4 24
0.35×
0.11×
Q3 24
0.34×
0.11×
Q2 24
0.37×
0.21×
Q1 24
0.38×
0.21×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KEYS
KEYS
SF
SF
Operating Cash FlowLast quarter
$225.0M
$382.4M
Free Cash FlowOCF − Capex
$187.0M
$369.0M
FCF MarginFCF / Revenue
13.2%
32.7%
Capex IntensityCapex / Revenue
2.7%
1.2%
Cash ConversionOCF / Net Profit
0.97×
1.45×
TTM Free Cash FlowTrailing 4 quarters
$1.3B
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KEYS
KEYS
SF
SF
Q4 25
$225.0M
$382.4M
Q3 25
$322.0M
$338.3M
Q2 25
$484.0M
$607.5M
Q1 25
$378.0M
$-211.2M
Q4 24
$359.0M
$694.6M
Q3 24
$255.0M
$198.3M
Q2 24
$110.0M
$207.2M
Q1 24
$328.0M
$-609.7M
Free Cash Flow
KEYS
KEYS
SF
SF
Q4 25
$187.0M
$369.0M
Q3 25
$291.0M
$321.1M
Q2 25
$457.0M
$592.7M
Q1 25
$346.0M
$-227.8M
Q4 24
$321.0M
$677.2M
Q3 24
$222.0M
$185.6M
Q2 24
$74.0M
$173.3M
Q1 24
$281.0M
$-619.4M
FCF Margin
KEYS
KEYS
SF
SF
Q4 25
13.2%
32.7%
Q3 25
21.5%
33.4%
Q2 25
35.0%
70.6%
Q1 25
26.7%
-27.0%
Q4 24
24.9%
73.9%
Q3 24
18.2%
22.9%
Q2 24
6.1%
21.7%
Q1 24
22.3%
-80.6%
Capex Intensity
KEYS
KEYS
SF
SF
Q4 25
2.7%
1.2%
Q3 25
2.3%
1.8%
Q2 25
2.1%
1.8%
Q1 25
2.5%
2.0%
Q4 24
3.0%
1.9%
Q3 24
2.7%
1.6%
Q2 24
3.0%
4.2%
Q1 24
3.7%
1.3%
Cash Conversion
KEYS
KEYS
SF
SF
Q4 25
0.97×
1.45×
Q3 25
1.69×
1.60×
Q2 25
1.88×
3.92×
Q1 25
2.24×
-3.99×
Q4 24
2.85×
Q3 24
0.66×
1.25×
Q2 24
0.87×
1.25×
Q1 24
1.91×
-3.73×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KEYS
KEYS

Transferred At Point In Time$790.0M56%
Electronicindustrial$429.0M30%
Transferred Over Time$200.0M14%

SF
SF

Segment breakdown not available.

Related Comparisons