Keysight Technologies Inc (KEYS)
Operating profit margin
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,358,000 | 1,334,000 | 1,080,000 | 765,000 | 711,000 |
| Revenue | US$ in thousands | 5,464,000 | 5,420,000 | 4,941,000 | 4,221,000 | 4,303,000 |
| Operating profit margin | 24.85% | 24.61% | 21.86% | 18.12% | 16.52% |
October 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,358,000K ÷ $5,464,000K
= 24.85%
The operating profit margin of Keysight Technologies Inc has shown a consistent improvement over the past five years, reflecting the company's ability to efficiently generate profits from its core operations. The margin increased from 16.06% in 2019 to 24.58% in 2023. This trend indicates that the company has been effectively controlling its operating expenses and optimizing its revenue streams. The steady growth in operating profit margin suggests improved cost management, increased productivity, and potentially higher pricing power within the industry. Overall, the increasing trend in operating profit margin demonstrates a positive trajectory in the company's operational efficiency and profitability.
Peer comparison
Oct 31, 2023