Keysight Technologies Inc (KEYS)
Pretax margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 865,000 | 1,357,000 | 1,285,000 | 1,010,000 | 761,000 |
| Revenue | US$ in thousands | 4,979,000 | 5,464,000 | 5,420,000 | 4,941,000 | 4,221,000 |
| Pretax margin | 17.37% | 24.84% | 23.71% | 20.44% | 18.03% |
October 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $865,000K ÷ $4,979,000K
= 17.37%
The pretax margin of Keysight Technologies Inc has shown fluctuating trends over the past five years. In the most recent fiscal year ending on October 31, 2024, the pretax margin decreased to 17.37%, down from 24.84% in the previous year and 23.71% in the fiscal year ending on October 31, 2022. This decline in pretax margin indicates a decrease in the company's ability to generate pre-tax profit relative to its total revenue.
However, it is important to note that the pretax margin in 2024 is still higher than the levels recorded in the fiscal years ending on October 31, 2020 and 2021, which were 18.03% and 20.44% respectively. This suggests that despite the recent decrease, Keysight Technologies Inc has demonstrated an overall improvement in its profitability performance over the five-year period.
Further analysis and investigation into the factors contributing to the fluctuation in pretax margin would be necessary to understand the specific drivers behind these changes and to evaluate the company's financial health and operational efficiency more comprehensively.
Peer comparison
Oct 31, 2024