Hewlett Packard Enterprise Co (HPE)
Pretax margin
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 2,953,000 | 2,085,000 | 2,013,000 | 2,090,000 | 2,230,000 | 1,324,000 | 1,252,000 | 1,006,000 | 876,000 | 3,921,000 | 3,863,000 | 3,875,000 | 3,587,000 | 1,024,000 | 584,000 | -615,000 | -442,000 | 156,000 | -75,000 | 1,276,000 |
| Revenue (ttm) | US$ in thousands | 30,127,000 | 29,020,000 | 28,312,000 | 28,081,000 | 29,135,000 | 29,655,000 | 29,604,000 | 29,344,000 | 28,496,000 | 27,979,000 | 27,925,000 | 27,912,000 | 27,784,000 | 27,638,000 | 27,557,000 | 26,866,000 | 26,982,000 | 26,989,000 | 27,390,000 | 28,531,000 |
| Pretax margin | 9.80% | 7.18% | 7.11% | 7.44% | 7.65% | 4.46% | 4.23% | 3.43% | 3.07% | 14.01% | 13.83% | 13.88% | 12.91% | 3.71% | 2.12% | -2.29% | -1.64% | 0.58% | -0.27% | 4.47% |
October 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,953,000K ÷ $30,127,000K
= 9.80%
Hewlett Packard Enterprise Co's pretax margin has displayed variation over the past several quarters. The pretax margin for the most recent period of October 31, 2024, stood at 9.80%, representing an improvement from the previous quarter. This increase indicates that the company was able to generate a higher level of pre-tax profit relative to its total revenue during this period.
Looking at a longer-term trend, the company's pretax margin has generally been on an upward trajectory since January 2022. This suggests that Hewlett Packard Enterprise Co has been gradually improving its operational efficiency and cost management, leading to higher profitability levels.
However, it is important to note that there have been fluctuations in the pretax margin over this period, with some quarters showing declines. For example, the pretax margin dropped to as low as -2.29% in January 2021, indicating a period of negative profitability. These fluctuations may be influenced by various factors such as changes in operating expenses, revenue fluctuations, or one-time events impacting the company's financial performance.
Overall, the positive trend in the pretax margin for Hewlett Packard Enterprise Co indicates an improving profitability performance, supported by effective cost management and revenue generation strategies. It will be essential for the company to sustain this positive momentum in order to drive continued financial success in the future.
Peer comparison
Oct 31, 2024