Keysight Technologies Inc (KEYS)

Operating profit margin

		Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Operating income	US$ in thousands	833,000	1,358,000	1,334,000	1,080,000	765,000
Revenue	US$ in thousands	4,979,000	5,464,000	5,420,000	4,941,000	4,221,000
Operating profit margin		16.73%	24.85%	24.61%	21.86%	18.12%

October 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $833,000K ÷ $4,979,000K
= 16.73%

The operating profit margin of Keysight Technologies Inc has shown some fluctuation over the past five years. In 2024, the operating profit margin decreased to 16.73% from 24.85% in 2023, marking a substantial decline. This decrease may indicate challenges or inefficiencies in the company's operations during that period.

However, compared to 2022 and 2021, where the operating profit margin was 24.61% and 21.86% respectively, the margin in 2024 remains relatively higher. This suggests that, despite the decline, Keysight Technologies Inc has been able to maintain a reasonable level of profitability in its operations.

Furthermore, when examining the trend over the past five years, there seems to be an overall positive trajectory in the operating profit margin, with a steady increase from 2019 to 2023. This indicates an improvement in the company's operational efficiency and profitability during this period.

Overall, while there was a notable decline in the operating profit margin in 2024, the historical trend suggests that Keysight Technologies Inc has generally been able to effectively manage its operating costs and generate profits from its core business activities. Further analysis on the specific factors influencing the fluctuation in the operating profit margin for the most recent year would provide deeper insights into the company's financial performance.