Agilent Technologies Inc (A)
Gross profit margin
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,278,000 | 1,322,000 | 1,367,000 | 1,929,000 | 1,879,000 | 1,796,000 | 1,712,000 | 1,608,000 | 1,534,000 | 1,473,000 | 1,350,000 | 1,239,000 | 1,050,000 | 939,000 | 873,000 | 889,000 | 1,026,000 | 1,079,000 | 1,469,000 | 1,825,000 |
| Revenue (ttm) | US$ in thousands | 6,700,000 | 6,806,000 | 6,912,000 | 6,975,000 | 6,872,000 | 6,783,000 | 6,604,000 | 6,458,000 | 6,377,000 | 6,248,000 | 6,057,000 | 5,738,000 | 5,454,000 | 5,271,000 | 5,138,000 | 5,148,000 | 5,148,000 | 5,073,000 | 4,928,000 | 4,859,000 |
| Gross profit margin | 19.07% | 19.42% | 19.78% | 27.66% | 27.34% | 26.48% | 25.92% | 24.90% | 24.06% | 23.58% | 22.29% | 21.59% | 19.25% | 17.81% | 16.99% | 17.27% | 19.93% | 21.27% | 29.81% | 37.56% |
January 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,278,000K ÷ $6,700,000K
= 19.07%
Agilent Technologies Inc. has maintained relatively stable gross profit margins over the past eight quarters. The gross profit margin ranged from 50.56% to 54.59% during this period. There was a slight decrease in gross profit margin from Q2 2023 to Q1 2024, indicating potential challenges in maintaining profitability. However, overall, the company has been able to sustain margins above 50%, reflecting efficient cost management and pricing strategies. Agilent's ability to consistently achieve healthy gross profit margins suggests effective production and operational efficiency in generating profits from sales.
Peer comparison
Jan 31, 2024