Keysight Technologies Inc (KEYS)
Gross profit margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,509,000 | 2,123,000 | 2,049,000 | 1,686,000 | 1,230,000 |
| Revenue | US$ in thousands | 4,979,000 | 5,464,000 | 5,420,000 | 4,941,000 | 4,221,000 |
| Gross profit margin | 30.31% | 38.85% | 37.80% | 34.12% | 29.14% |
October 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,509,000K ÷ $4,979,000K
= 30.31%
Keysight Technologies Inc's gross profit margin has shown fluctuations over the past five years. In fiscal year 2024, the gross profit margin decreased to 30.31% from 38.85% in 2023. This represents a significant decline in profitability within a one-year period. Despite this drop, the gross profit margin remains above the levels observed in 2020 and 2021.
The gross profit margin peaked in 2023 at 38.85%, indicating strong profitability through effective cost management and revenue generation. However, in the following years, there was a slight decrease in the margin, with 2024 showing the lowest margin in the past five years.
Overall, Keysight Technologies Inc's gross profit margin trend suggests that the company has experienced some variability in its ability to generate profits from its sales. Further analysis of the company's cost structure and pricing strategies may provide insights into the factors driving these fluctuations.
Peer comparison
Oct 31, 2024