Agilent Technologies Inc (A)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 1,617,000 | 1,626,000 | 1,417,000 | 1,424,000 | 1,434,000 | 1,470,000 | 1,730,000 | 1,683,000 | 1,588,000 | 1,579,000 | 1,511,000 | 1,450,000 | 1,441,000 | 1,274,000 | 1,164,000 | 1,012,000 | 920,000 | 868,000 | 870,000 | 964,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | 2,730,000 | 2,730,000 | 2,729,000 | 2,728,000 | 2,727,000 | 2,185,000 | 2,284,000 | 2,283,000 | 1,788,000 | 1,787,000 |
| 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 |
| Return on total capital | 27.42% | 27.55% | 22.80% | 23.01% | 24.53% | 26.45% | 29.93% | 30.01% | 29.93% | 31.02% | 19.24% | 18.39% | 17.75% | 16.60% | 15.44% | 14.48% | 12.85% | 11.95% | 13.27% | 14.53% |
October 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,617,000K ÷ ($—K + $5,898,000K)
= 27.42%
Agilent Technologies Inc's return on total capital has shown some fluctuations over the past years. The ratio has generally been on an upward trend, with a peak at 31.02% in Jul 31, 2022. However, there have been periods of decline, such as in Jan 31, 2021 when it was at 12.85%. Overall, the company has managed to maintain a return on total capital above 20% in recent years, indicating efficient utilization of both debt and equity to generate profits. It is essential for Agilent to continue monitoring and managing its capital effectively to sustain its financial performance.
Peer comparison
Oct 31, 2024