Hewlett Packard Enterprise Co (HPE)
Pretax margin
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,230,000 | 876,000 | 3,587,000 | -442,000 | 1,553,000 |
| Revenue | US$ in thousands | 29,135,000 | 28,496,000 | 27,784,000 | 26,982,000 | 29,135,000 |
| Pretax margin | 7.65% | 3.07% | 12.91% | -1.64% | 5.33% |
October 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $2,230,000K ÷ $29,135,000K
= 7.65%
The pretax margin of Hewlett Packard Enterprise Co has fluctuated over the past five years. In 2019, the company reported a pretax margin of 5.33%, which decreased to -1.64% in 2020, indicating a loss before tax during that period. However, in 2021, the pretax margin significantly improved to 12.91%, showcasing a strong recovery. The pretax margin then decreased to 3.07% in 2022 but notably increased to 7.65% in 2023.
Overall, the company's pretax margin has shown variability, with both positive and negative trends. The significant improvement in 2021 suggests successful cost management or revenue growth strategies; however, the subsequent decrease in 2022 indicates potential challenges in sustaining those gains. Further analysis of the company's cost structure and revenue drivers would provide deeper insights into the factors influencing the pretax margin.
Peer comparison
Oct 31, 2023