Keysight Technologies Inc (KEYS)
Pretax margin
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,357,000 | 1,285,000 | 1,010,000 | 761,000 | 715,000 |
| Revenue | US$ in thousands | 5,464,000 | 5,420,000 | 4,941,000 | 4,221,000 | 4,303,000 |
| Pretax margin | 24.84% | 23.71% | 20.44% | 18.03% | 16.62% |
October 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $1,357,000K ÷ $5,464,000K
= 24.84%
The pretax margin of Keysight Technologies Inc has shown a consistent upward trend over the past five years, indicating an improvement in the company's ability to generate profits before accounting for taxes. The pretax margin increased from 16.62% in 2019 to 24.84% in 2023. This suggests that the company has been effectively managing its operating expenses and generating higher revenues relative to its total sales. The progressive expansion of the pretax margin demonstrates the company's strong operational efficiency and effective cost management strategies, which ultimately contribute to its overall financial performance. Keysight Technologies Inc's consistent improvement in pretax margin reflects positively on its ability to generate profits from its core business activities.
Peer comparison
Oct 31, 2023