Keysight Technologies Inc (KEYS)
Gross profit margin
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,123,000 | 2,049,000 | 1,686,000 | 1,230,000 | 1,160,000 |
| Revenue | US$ in thousands | 5,464,000 | 5,420,000 | 4,941,000 | 4,221,000 | 4,303,000 |
| Gross profit margin | 38.85% | 37.80% | 34.12% | 29.14% | 26.96% |
October 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,123,000K ÷ $5,464,000K
= 38.85%
Keysight Technologies Inc has demonstrated a consistent upward trend in its gross profit margin over the past five years, reflecting a steady improvement in its ability to generate profit from its core business operations. The gross profit margin increased from 58.89% in 2019 to 64.64% in 2023, indicating an enhancement in the company's efficiency in managing production costs and pricing strategies. This upward trend suggests that Keysight Technologies Inc has been able to effectively control its direct costs of goods sold while maintaining or increasing its sales revenue. The company's ability to sustain and improve its gross profit margin signifies its strength in generating profitable sales and managing production efficiency.
Peer comparison
Oct 31, 2023