Agilent Technologies Inc (A)

Operating profit margin

Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 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
Operating income (ttm) US$ in thousands 1,488,000 1,488,000 1,288,000 1,308,000 1,350,000 1,413,000 1,691,000 1,668,000 1,618,000 1,542,000 1,467,000 1,395,000 1,347,000 1,251,000 1,145,000 959,000 846,000 797,000 792,000 906,000
Revenue (ttm) US$ in thousands 6,489,000 6,494,000 6,564,000 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
Operating profit margin 22.93% 22.91% 19.62% 19.52% 19.84% 20.44% 24.24% 24.27% 23.85% 23.35% 22.72% 21.88% 21.56% 20.65% 19.95% 17.58% 16.05% 15.51% 15.38% 17.60%

October 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,488,000K ÷ $6,489,000K
= 22.93%

Agilent Technologies Inc's operating profit margin has exhibited fluctuations over the past few years. The trend indicates some level of volatility, with the operating profit margin ranging from a low of 15.38% in January 2020 to a high of 24.27% in January 2023.

In recent quarters, the operating profit margin has generally been in the range of 19% to 23%, showing a moderate level of stability compared to earlier periods. This may indicate a level of efficiency in managing operating expenses relative to sales, although the company experienced a slight decrease in the margin in the most recent quarter ending in October 2024 compared to the previous quarter.

The operating profit margin is an important measure of a company's efficiency in generating profit from its core operations. Investors and stakeholders closely monitor this ratio as it gives insights into the company's ability to control costs and convert revenue into profit. Agilent Technologies Inc's management may need to continue monitoring and optimizing operational efficiencies to sustain and potentially improve the operating profit margin in the future.


Peer comparison

Oct 31, 2024

Company name
Symbol
Operating profit margin
Agilent Technologies Inc
A
22.93%
Cohu Inc
COHU
6.88%
Itron Inc
ITRI
5.94%
Teradyne Inc
TER
18.72%