Keysight Technologies Inc (KEYS)
Pretax margin
| 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 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 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 | 715,000 | -72,000 | -158,000 |
| Revenue (ttm) | US$ in thousands | 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 | 4,303,000 | 4,171,000 | 4,088,000 |
| Pretax margin | 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% | 16.62% | -1.73% | -3.86% |
January 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,255,000K ÷ $5,342,000K
= 23.49%
Keysight Technologies Inc's pretax margin has generally shown a positive trend over the past eight quarters. In Q1 2024, the pretax margin was 23.49%, slightly lower than the previous quarter's 24.84%. However, it is important to note that the Q1 2024 pretax margin is still above the levels seen in Q2 and Q3 of 2023.
Overall, Keysight Technologies Inc has maintained relatively stable pretax margins, fluctuating within a narrow range between 22.91% in Q2 2022 and 25.89% in Q3 2023. This suggests effective cost management and operational efficiency within the company. It is worth monitoring the trend in future quarters to assess the company's ability to sustain or improve its profitability.
Peer comparison
Jan 31, 2024