Hewlett Packard Enterprise Co (HPE)
Operating profit margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,190,000 | 2,089,000 | 782,000 | 1,132,000 | -329,000 |
| Revenue | US$ in thousands | 30,127,000 | 29,135,000 | 28,496,000 | 27,784,000 | 26,982,000 |
| Operating profit margin | 7.27% | 7.17% | 2.74% | 4.07% | -1.22% |
October 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,190,000K ÷ $30,127,000K
= 7.27%
Hewlett Packard Enterprise Co's operating profit margin has shown variability over the past five years. In fiscal year 2024, the company's operating profit margin improved to 7.27%, compared to the previous year's margin of 7.17%. This signifies the company's ability to efficiently manage its operating expenses relative to its revenue.
Looking back at fiscal year 2023 and 2022, the operating profit margins were 7.17% and 2.74% respectively. The significant increase in the margin from 2022 to 2023 indicates an improvement in cost management or revenue generation strategies. However, the margin in 2022 was relatively low, suggesting potential inefficiencies in the company's operations during that period.
In fiscal year 2021, the operating profit margin stood at 4.07%, showing a slight decrease from the previous year. This may imply that the company faced some challenges in maintaining profitability or controlling costs during that period.
Notably, in fiscal year 2020, Hewlett Packard Enterprise Co reported a negative operating profit margin of -1.22%, indicating that the company's operating expenses exceeded its revenues, leading to a loss from operations. This could be due to various factors such as declining sales, cost overruns, or one-time charges impacting profitability negatively.
Overall, the trend in Hewlett Packard Enterprise Co's operating profit margin demonstrates fluctuations in profitability over the years, highlighting the importance of effective cost management and revenue generation strategies for sustained financial performance.
Peer comparison
Oct 31, 2024