Agilent Technologies Inc (A)
Operating profit margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,488,000 | 1,350,000 | 1,618,000 | 1,347,000 | 846,000 |
| Revenue | US$ in thousands | 6,531,000 | 6,784,000 | 6,774,000 | 6,236,000 | 5,271,000 |
| Operating profit margin | 22.78% | 19.90% | 23.89% | 21.60% | 16.05% |
October 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,488,000K ÷ $6,531,000K
= 22.78%
The operating profit margin of Agilent Technologies Inc has exhibited some fluctuations over the past five years. In fiscal year 2024, the operating profit margin increased to 22.78%, up from 19.90% in the previous year. This indicates that the company was able to generate more operating profit relative to its revenue in 2024. The performance in 2024 also surpassed the margin recorded in 2021 and 2020, suggesting improved operational efficiency and profitability.
Although there was a decrease from the high of 23.89% in 2022, the operating profit margin in 2024 remains relatively strong, indicating that Agilent Technologies Inc was able to effectively manage its operating expenses and maintain a healthy level of profitability. Overall, the trend in the operating profit margin demonstrates the company's ability to generate profits from its core business activities, albeit with some fluctuations in performance over the years.
Peer comparison
Oct 31, 2024