Keysight Technologies Inc (KEYS)
Pretax margin
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 865,000 | 893,000 | 1,069,000 | 1,255,000 | 1,357,000 | 1,449,000 | 1,406,000 | 1,352,000 | 1,285,000 | 1,254,000 | 1,178,000 | 1,079,000 | 1,010,000 | 939,000 | 854,000 | 754,000 | 761,000 | 698,000 | 712,000 | 797,000 |
| Revenue (ttm) | US$ in thousands | 4,979,000 | 5,003,000 | 5,168,000 | 5,342,000 | 5,464,000 | 5,596,000 | 5,590,000 | 5,551,000 | 5,420,000 | 5,271,000 | 5,141,000 | 5,011,000 | 4,941,000 | 4,867,000 | 4,632,000 | 4,306,000 | 4,221,000 | 4,121,000 | 4,197,000 | 4,392,000 |
| Pretax margin | 17.37% | 17.85% | 20.68% | 23.49% | 24.84% | 25.89% | 25.15% | 24.36% | 23.71% | 23.79% | 22.91% | 21.53% | 20.44% | 19.29% | 18.44% | 17.51% | 18.03% | 16.94% | 16.96% | 18.15% |
October 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $865,000K ÷ $4,979,000K
= 17.37%
The pretax margin of Keysight Technologies Inc has fluctuated over the past several quarters. There was a general decreasing trend from Oct 31, 2020, to Jul 31, 2023, with the pretax margin declining from 18.15% to 25.15%. However, from Jan 31, 2023, to Apr 30, 2024, there was a notable increase in the pretax margin, rising from 24.36% to 20.68%.
It reached its peak at 25.89% on Jul 31, 2023, before slightly decreasing in the subsequent quarters. Overall, the pretax margin has shown variability but has mostly remained above 20%, indicating that a significant portion of the company's revenue is translating into profits before accounting for taxes.
Further analysis of the company's financial performance and operational efficiency may help in understanding the factors contributing to these fluctuations in the pretax margin over time.
Peer comparison
Oct 31, 2024