Agilent Technologies Inc (A)
Net profit margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,289,000 | 1,240,000 | 1,254,000 | 1,210,000 | 719,000 |
| Revenue | US$ in thousands | 6,531,000 | 6,784,000 | 6,774,000 | 6,236,000 | 5,271,000 |
| Net profit margin | 19.74% | 18.28% | 18.51% | 19.40% | 13.64% |
October 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,289,000K ÷ $6,531,000K
= 19.74%
The net profit margin of Agilent Technologies Inc has shown a generally positive trend over the past five years, fluctuating between 13.64% and 19.74%. In the most recent year, ending October 31, 2024, the net profit margin reached 19.74%, indicating that the company generated a profit of $0.1974 for every dollar of revenue. This represents an increase from the previous year's net profit margin of 18.28%.
The company's ability to maintain a consistently healthy net profit margin suggests efficient cost management and effective revenue generation strategies. It is important to note that a higher net profit margin indicates stronger profitability and better financial health. Agilent Technologies Inc's ability to sustain and improve its net profit margin over time is a positive indicator of its operational efficiency and potential for future growth.
Peer comparison
Oct 31, 2024