Hewlett Packard Enterprise Co (HPE)
Gross profit margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 24,062,000 | 22,940,000 | 21,817,000 | 22,081,000 | 20,540,000 |
| Revenue | US$ in thousands | 30,127,000 | 29,135,000 | 28,496,000 | 27,784,000 | 26,982,000 |
| Gross profit margin | 79.87% | 78.74% | 76.56% | 79.47% | 76.12% |
October 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $24,062,000K ÷ $30,127,000K
= 79.87%
Hewlett Packard Enterprise Co's gross profit margin has shown a generally positive trend over the past five years, with a slight dip in FY2022 followed by an overall improvement. The company's gross profit margin increased from 76.12% in FY2020 to 79.87% in the most recent fiscal year ending on October 31, 2024. This indicates that Hewlett Packard Enterprise has been able to effectively manage its production costs and generate higher profits from its core business activities. The improvement in the gross profit margin suggests that the company may have implemented cost-saving measures or increased the efficiency of its operations. Overall, a rising gross profit margin reflects positively on Hewlett Packard Enterprise Co's financial performance and operational effectiveness in recent years.
Peer comparison
Oct 31, 2024