Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $5,339 | $6,319 | $6,848 | $6,833 | $6,510 |
| Gross Profit | $2,837 | $3,407 | $3,722 | $3,465 | $3,535 |
| Operating Income | $846 | $1,347 | $1,618 | $1,350 | $1,488 |
| Net Income | $719 | $1,210 | $1,254 | $1,240 | $1,289 |
Over the past five years, Agilent Technologies has generally maintained a solid financial performance, with revenue increasing steadily from USD 5.34 billion in 2020 to a peak of USD 6.85 billion in 2022 before experiencing modest declines in 2023 and 2024. Gross profit followed a similar trend, rising from USD 2.84 billion in 2020 to USD 3.72 billion in 2022, although a slight dip in 2023 (USD 3.47 billion) was observed before rebounding in 2024. Notably, the company’s margins remained relatively stable, suggesting robust cost management and efficient operations despite some revenue fluctuations. A closer look at operating income and net income reveals more pronounced shifts. Operating income grew substantially from USD 846 million in 2020 to USD 1.62 billion in 2022, reflecting the company’s effective scaling and operational improvements—a year-over-year jump of nearly 60% from 2020 to 2021 and over 20% from 2021 to 2022. However, 2023 saw a contraction in operating income (down to USD 1.35 billion), possibly indicative of pricing pressures or shifts in operational cost dynamics, although a partial recovery occurred in 2024 with operating income rising to USD 1.49 billion. Net income exhibited a similar pattern, surging from USD 719 million in 2020 to USD 1.21 billion in 2021, then stabilizing around the USD 1.25 billion level through 2024. Overall, Agilent Technologies’ financial health appears sustainable, characterized by strong early growth and robust operating margins, even as recent years have shown indications of market saturation or adjustments in operational dynamics typical for mature industries.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.