Keysight Technologies Inc (KEYS)
Return on total capital
| 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 interest and tax (EBIT) (ttm) | US$ in thousands | 861,000 | 948,000 | 1,108,000 | 1,285,000 | 1,358,000 | 1,420,000 | 1,412,000 | 1,385,000 | 1,334,000 | 1,304,000 | 1,231,000 | 1,139,000 | 1,080,000 | 1,009,000 | 907,000 | 774,000 | 765,000 | 695,000 | 710,000 | 793,000 |
| Long-term debt | US$ in thousands | 1,790,000 | 1,196,000 | 1,195,000 | 1,208,000 | 1,195,000 | 1,794,000 | 1,793,000 | 1,793,000 | 1,793,000 | 1,792,000 | 1,792,000 | 1,791,000 | 1,791,000 | 1,791,000 | 1,790,000 | 1,790,000 | 1,789,000 | 1,789,000 | 1,788,000 | 1,788,000 |
| Total stockholders’ equity | US$ in thousands | 5,105,000 | 5,230,000 | 4,903,000 | 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 |
| Return on total capital | 12.49% | 14.75% | 18.17% | 21.33% | 23.22% | 21.22% | 21.73% | 22.35% | 22.41% | 22.83% | 22.10% | 20.34% | 19.37% | 18.21% | 17.00% | 14.53% | 15.04% | 13.51% | 14.57% | 16.13% |
October 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $861,000K ÷ ($1,790,000K + $5,105,000K)
= 12.49%
Keysight Technologies Inc has shown a fluctuating trend in its return on total capital over the past few financial periods. The return on total capital ranged between 12.49% to 23.22% during this period.
The return on total capital was relatively low in the earlier periods, showing a gradual increase over time. Notable spikes in the return on total capital were observed in the periods following Jul 31, 2023, where it reached a peak of 23.22% in Oct 31, 2023, and 22.83% in Apr 30, 2022.
Overall, the company has demonstrated an improving trend in its return on total capital, with occasional fluctuations. This indicates that the company has been efficiently utilizing its capital to generate profits, although there may be some variability in performance from period to period.
Peer comparison
Oct 31, 2024