Agilent Technologies Inc (A)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 5,898,000 | 5,845,000 | 5,305,000 | 5,389,000 | 4,873,000 |
| ROE | 21.85% | 21.21% | 23.64% | 22.45% | 14.75% |
October 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $1,289,000K ÷ $5,898,000K
= 21.85%
Agilent Technologies Inc has maintained a relatively stable return on equity (ROE) over the past five years, ranging from 14.75% in 2020 to 23.64% in 2022. The higher ROE values in 2022 and 2021 indicate improved profitability and effectiveness in generating profits from shareholders' equity. The company's ROE has been consistently above 20% in recent years, suggesting that Agilent is efficiently utilizing its shareholders' equity to generate net income. This indicates positive financial performance and efficient management of the company's resources. Overall, Agilent Technologies Inc's ROE trend reflects strong profitability and effectiveness in utilizing shareholder funds to generate earnings.
Peer comparison
Oct 31, 2024