Hewlett Packard Enterprise Co (HPE)
Net profit margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,579,000 | 2,025,000 | 868,000 | 3,427,000 | -322,000 |
| Revenue | US$ in thousands | 30,127,000 | 29,135,000 | 28,496,000 | 27,784,000 | 26,982,000 |
| Net profit margin | 8.56% | 6.95% | 3.05% | 12.33% | -1.19% |
October 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,579,000K ÷ $30,127,000K
= 8.56%
Hewlett Packard Enterprise Co's net profit margin has experienced fluctuations over the past five years. In 2024, the net profit margin improved to 8.56%, indicating that the company generated $8.56 in net profit for every $100 in revenue. This increase from the previous year's net profit margin of 6.95% suggests enhanced profitability and efficiency in cost management.
In 2023, the net profit margin was 6.95%, showing a moderate level of profitability compared to the following year. The sharp increase in the net profit margin from 3.05% in 2022 to 6.95% in 2023 may imply successful cost control measures or revenue growth strategies implemented by the company.
The net profit margin in 2022 was relatively low at 3.05%, indicating that the company retained $3.05 in profit for every $100 in revenue. This lower profitability level could be a result of increased expenses, lower revenue generation, or other negative financial factors impacting the company during that period.
Conversely, in 2021, the net profit margin significantly improved to 12.33%, signaling a strong performance in generating profits relative to revenue. This substantial increase from the negative net profit margin of -1.19% in 2020 highlights a remarkable turnaround for the company, potentially driven by strategic initiatives or operational improvements.
Overall, the fluctuating trend in Hewlett Packard Enterprise Co's net profit margin reflects varying levels of profitability and financial performance over the past five years. The company's ability to manage costs, drive revenue growth, and adapt to changing market conditions have influenced these outcomes.
Peer comparison
Oct 31, 2024