Agilent Technologies Inc (A)
Profitability ratios
Return on sales
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 27.35% | 19.16% | 26.38% | 23.41% | 17.81% |
| Operating profit margin | 22.78% | 19.90% | 23.89% | 21.60% | 16.05% |
| Pretax margin | 23.29% | 19.74% | 22.20% | 21.81% | 15.97% |
| Net profit margin | 19.74% | 18.28% | 18.51% | 19.40% | 13.64% |
Agilent Technologies Inc has shown a favorable trend in profitability ratios over the past five years. The gross profit margin has steadily increased from 17.81% in 2020 to 27.35% in 2024, indicating improved efficiency in generating revenue after accounting for the cost of goods sold.
Similarly, the operating profit margin has also shown an upward trend, reaching 22.78% in 2024 from 16.05% in 2020. This indicates that the company has been successful in controlling operating expenses and generating profits from its core operations.
The pretax margin, which reflects the company's profitability before accounting for taxes, has also improved over the years, increasing from 15.97% in 2020 to 23.29% in 2024. This demonstrates the company's ability to generate profits efficiently even after accounting for other expenses besides the cost of goods sold.
Lastly, the net profit margin, which reveals the company's profitability after all expenses, including taxes, has shown a favorable trend, increasing from 13.64% in 2020 to 19.74% in 2024. This indicates that Agilent Technologies Inc has been able to effectively manage its expenses and generate higher net profits relative to its revenue.
Overall, Agilent Technologies Inc's profitability ratios have shown improvement over the years, reflecting the company's efficiency in managing costs and generating profits.
Return on investment
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 12.56% | 12.54% | 15.36% | 12.58% | 8.79% |
| Return on assets (ROA) | 10.88% | 11.52% | 11.91% | 11.30% | 7.47% |
| Return on total capital | 27.42% | 24.53% | 29.93% | 17.75% | 12.85% |
| Return on equity (ROE) | 21.85% | 21.21% | 23.64% | 22.45% | 14.75% |
Agilent Technologies Inc has demonstrated consistent profitability over the past five years as evidenced by its strong performance in various profitability ratios.
1. Operating return on assets (Operating ROA) has remained relatively stable, hovering around 12% on average over the five-year period. This ratio indicates that Agilent is efficiently generating profits from its assets used in operations.
2. Return on assets (ROA) has shown an overall increasing trend, reaching 10.88% in 2024. This suggests that the company is effectively utilizing its assets to generate income for its shareholders.
3. Return on total capital has exhibited significant fluctuations, with a notable spike in 2022 to 29.93%. However, the ratio has consistently remained above 12% over the period, indicating that Agilent is generating healthy returns on the total capital invested in the business.
4. Return on equity (ROE) has also displayed a positive trend, increasing from 14.75% in 2020 to 21.85% in 2024. This indicates that the company is generating attractive returns for its equity investors, reflecting strong financial performance and efficient use of shareholders' equity.
Overall, Agilent Technologies Inc's profitability ratios reflect a consistent track record of generating strong returns for its stakeholders, showcasing efficient management of assets, capital, and equity. It suggests that the company is well-positioned to deliver sustainable profitability in the future.