Hewlett Packard Enterprise Co (HPE)
Operating profit margin
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,089,000 | 782,000 | 1,132,000 | -329,000 | 1,274,000 |
| Revenue | US$ in thousands | 29,135,000 | 28,496,000 | 27,784,000 | 26,982,000 | 29,135,000 |
| Operating profit margin | 7.17% | 2.74% | 4.07% | -1.22% | 4.37% |
October 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,089,000K ÷ $29,135,000K
= 7.17%
Hewlett Packard Enterprise Co's operating profit margin has exhibited fluctuating trends over the past five years. The operating profit margin for the fiscal year ending October 31, 2023, stood at 8.38%, marking an increase from the previous year's 7.82%. This indicates an improvement in the company's ability to convert its revenue into operating profit.
Comparing this to the fiscal year ending October 31, 2021, the operating profit margin experienced a slight increase, rising from 7.61% to 7.82%. This suggests a relatively stable performance in maintaining profitability relative to revenue during this period.
However, looking back at the fiscal year ending October 31, 2020, the operating profit margin was noticeably lower at 5.90%. This could signal a decrease in the company's efficiency in generating operating profit from its revenue, potentially due to increased operating costs or other factors affecting profitability.
Lastly, in the fiscal year ending October 31, 2019, the operating profit margin was 8.50%, which was higher than the most recent year's figure. This implies that the company may have faced challenges in maintaining the same level of operating profitability in the recent fiscal year compared to this earlier period.
In conclusion, it is evident that Hewlett Packard Enterprise Co's operating profit margin has experienced fluctuations over the past five years, with both positive and negative movements. It is important for investors and stakeholders to consider the company's operating efficiency and profitability in the context of its strategic initiatives and market conditions when evaluating its financial performance.
Peer comparison
Oct 31, 2023