Keysight Technologies Inc (KEYS)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 969,000 | 1,057,000 | 1,130,000 | 1,180,000 | 1,155,000 | 1,124,000 | 1,107,000 | 1,023,000 | 951,000 | 894,000 | 829,000 | 751,000 | 636,000 | 627,000 | 605,000 | 588,000 | 670,000 | 621,000 | 312,000 | 274,000 |
| Total stockholders’ equity | US$ in thousands | 4,817,000 | 4,654,000 | 4,897,000 | 4,705,000 | 4,404,000 | 4,161,000 | 3,920,000 | 3,779,000 | 3,810,000 | 3,784,000 | 3,750,000 | 3,545,000 | 3,536,000 | 3,297,000 | 3,354,000 | 3,085,000 | 3,127,000 | 3,004,000 | 2,938,000 | 2,798,000 |
| ROE | 20.12% | 22.71% | 23.08% | 25.08% | 26.23% | 27.01% | 28.24% | 27.07% | 24.96% | 23.63% | 22.11% | 21.18% | 17.99% | 19.02% | 18.04% | 19.06% | 21.43% | 20.67% | 10.62% | 9.79% |
January 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $969,000K ÷ $4,817,000K
= 20.12%
Keysight Technologies Inc has demonstrated a consistent and favorable trend in return on equity (ROE) over the past eight quarters. The ROE has shown a gradual decrease from 28.24% in Q3 2022 to 20.12% in Q1 2024. However, it is important to note that the company maintained relatively high ROE figures throughout this period, indicating strong profitability and efficient utilization of equity.
The downward trend in ROE may suggest a potential decrease in the company's ability to generate profits from its equity over time. This could be a cause for further investigation into the company's financial performance and strategies to identify factors influencing this decline. Overall, Keysight Technologies Inc's ROE performance reflects a solid foundation of profitability and efficiency in utilizing shareholder equity, despite the recent downward trajectory.
Peer comparison
Jan 31, 2024