Agilent Technologies Inc (A)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,289,000 | 1,413,000 | 1,242,000 | 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 |
| Total stockholders’ equity | US$ in thousands | 5,898,000 | 5,903,000 | 6,214,000 | 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 |
| ROE | 21.85% | 23.94% | 19.99% | 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% |
October 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,289,000K ÷ $5,898,000K
= 21.85%
Agilent Technologies Inc has shown a fluctuating trend in return on equity (ROE) over the past few years. The ROE percentages have ranged from a low of 13.87% in January 2020 to a high of 26.09% in July 2022. Overall, the ROE has generally been above 15% over the given period, indicating that the company has been generating favorable returns for its shareholders.
The ROE for the most recent quarter, ending October 31, 2024, was 21.85%, showing a slight decrease from the previous quarter's 23.94%. Despite this decrease, the current ROE is still within a reasonable range compared to historical figures.
It is important to note that while ROE is a key indicator of a company's profitability and efficiency in utilizing shareholder equity, it should be analyzed in conjunction with other financial metrics to gain a comprehensive understanding of Agilent Technologies Inc's financial performance.
Peer comparison
Oct 31, 2024