Agilent Technologies Inc (A)
Return on equity (ROE)
| 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 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,236,000 | 1,240,000 | 1,133,000 | 1,351,000 | 1,323,000 | 1,254,000 | 1,328,000 | 1,263,000 | 1,205,000 | 1,210,000 | 990,000 | 925,000 | 810,000 | 719,000 | 691,000 | 683,000 | 764,000 | 1,071,000 | 1,113,000 | 1,127,000 |
| Total stockholders’ equity | US$ in thousands | 6,188,000 | 5,845,000 | 5,558,000 | 5,781,000 | 5,609,000 | 5,305,000 | 5,091,000 | 5,122,000 | 5,154,000 | 5,389,000 | 4,946,000 | 4,810,000 | 4,804,000 | 4,873,000 | 4,981,000 | 4,768,000 | 4,848,000 | 4,748,000 | 4,747,000 | 5,125,000 |
| ROE | 19.97% | 21.21% | 20.39% | 23.37% | 23.59% | 23.64% | 26.09% | 24.66% | 23.38% | 22.45% | 20.02% | 19.23% | 16.86% | 14.75% | 13.87% | 14.32% | 15.76% | 22.56% | 23.45% | 21.99% |
January 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,236,000K ÷ $6,188,000K
= 19.97%
Agilent Technologies Inc.'s return on equity (ROE) has exhibited fluctuations over the past eight quarters, ranging from 19.97% in Q1 2024 to 26.09% in Q3 2022. The ROE has generally been on a downward trend since Q3 2022, declining from 26.09% to 19.97% in Q1 2024. This indicates that the company's profitability in relation to shareholders' equity has decreased over this period. It is important for stakeholders to monitor these fluctuations in ROE closely to assess the company's efficiency in generating profits from shareholders' investments.
Peer comparison
Jan 31, 2024
Company name
Symbol
ROE
Agilent Technologies Inc
A
19.97%
Cohu Inc
COHU
2.96%
Itron Inc
ITRI
7.39%
Teradyne Inc
TER
17.77%