Keysight Technologies Inc (KEYS)
Net profit margin
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,057,000 | 1,124,000 | 894,000 | 627,000 | 621,000 |
| Revenue | US$ in thousands | 5,464,000 | 5,420,000 | 4,941,000 | 4,221,000 | 4,303,000 |
| Net profit margin | 19.34% | 20.74% | 18.09% | 14.85% | 14.43% |
October 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $1,057,000K ÷ $5,464,000K
= 19.34%
The net profit margin of Keysight Technologies Inc has shown some fluctuations over the past five years. In 2023, the net profit margin decreased to 19.34% from 20.74% in 2022. This decline may indicate that the company's profitability relative to its revenue has slightly decreased. However, the net profit margin in 2023 is still higher than the figures reported in 2021, 2020, and 2019, suggesting that the company has been able to maintain relatively strong profitability despite the recent decrease. Overall, while the slight decrease in net profit margin in 2023 may warrant further investigation, the company's historical performance indicates a generally healthy level of profitability.
Peer comparison
Oct 31, 2023