Keysight Technologies Inc (KEYS)
Return on equity (ROE)
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 614,000 | 1,057,000 | 1,124,000 | 894,000 | 627,000 |
| Total stockholders’ equity | US$ in thousands | 5,105,000 | 4,654,000 | 4,161,000 | 3,784,000 | 3,297,000 |
| ROE | 12.03% | 22.71% | 27.01% | 23.63% | 19.02% |
October 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $614,000K ÷ $5,105,000K
= 12.03%
Keysight Technologies Inc's return on equity (ROE) has demonstrated fluctuating trends over the past five years. In 2024, the ROE decreased to 12.03% from the previous year's 22.71%, indicating a decline in the company's profitability in generating returns for its shareholders. Despite this decline, the ROE in 2024 still highlights the company's ability to generate a return of 12.03% on equity investment.
Comparing the most recent ROE to previous years, it is evident that Keysight Technologies Inc experienced peak ROE in 2022 at 27.01%, showing a strong performance in utilizing shareholders' equity to generate profits. Subsequently, the ROE decreased in 2023 and 2024, but remained above 20%. This indicates that even though the company's profitability slightly declined in those years, it continued to deliver relatively strong returns to its shareholders.
Overall, Keysight Technologies Inc's ROE has shown variation over the years, but it has generally maintained a positive trend, reflecting the company's efficiency in utilizing equity to drive profits. Investors may consider the fluctuating ROE trends in their assessment of the company's financial performance and potential for returns.
Peer comparison
Oct 31, 2024