Agilent Technologies Inc (A)
Pretax margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,521,000 | 1,339,000 | 1,504,000 | 1,360,000 | 842,000 |
| Revenue | US$ in thousands | 6,531,000 | 6,784,000 | 6,774,000 | 6,236,000 | 5,271,000 |
| Pretax margin | 23.29% | 19.74% | 22.20% | 21.81% | 15.97% |
October 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,521,000K ÷ $6,531,000K
= 23.29%
The pretax margin of Agilent Technologies Inc has shown an improving trend over the past five years, indicating the company's ability to effectively control costs and generate profits before accounting for taxes.
In the most recent fiscal year ending October 31, 2024, the pretax margin reached 23.29%, a significant increase from the previous year's 19.74%. This improvement suggests that Agilent Technologies managed its operating expenses efficiently while increasing its earnings relative to revenue.
Comparing to the fiscal year ending October 31, 2020, where the pretax margin was at 15.97%, the company has steadily strengthened its profitability since then. The consistent upward trend in the pretax margin demonstrates Agilent's commitment to enhancing operational efficiency and optimizing its financial performance over the years.
Overall, the increasing pretax margin reflects positively on Agilent Technologies Inc's financial health and operational effectiveness, signaling the company's ability to generate higher profits relative to its total revenue.
Peer comparison
Oct 31, 2024