Agilent Technologies (A) FY2023 results: revenue $6.8 billion, down 0.2% on the year
Agilent Technologies, Inc. (A) reported revenue of $6.8 billion for fiscal 2023, the year ended 31 October 2023, down 0.2% on the year before. Net income was $1.2 billion, down 1.1%, and diluted earnings per share $4.19. The figures are the company's own, from the 10-K it filed with the SEC on 20 December 2023.
Revenue
$6.8 billion
-0.2% on the year
FY2016FY2023
Operating margin
19.8%
23.6% a year earlier
FY2016FY2023
Net income
$1.2 billion
-1.1% on the year
FY2016FY2023
Diluted EPS
$4.19
+0.2% on the year
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
1,772
1,312
1,485
+35.1%
Capital expenditure
298
291
188
+2.4%
Free cash flow
1,474
1,021
1,297
+44.4%
Free cash flow margin
21.6%
14.9%
20.5%
Cash from investing
-310
-338
-749
Cash from financing
-930
-1,372
-696
Depreciation and amortisation
271
317
321
-14.5%
Share-based compensation
111
125
110
-11.2%
Buybacks
575
1,139
788
-49.5%
Dividends paid
265
250
236
+6.0%
Dividend per share
$0.90
$0.84
$0.78
+7.1%
Diluted shares, weighted
296m
300m
307m
-1.3%
Shares outstanding at period end
292m
295m
302m
-1.0%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
5,845
5,305
5,389
+10.2%
Short-term borrowings
0.0
n/a
0.0
Debt
2,735
2,769
2,729
-1.2%
Operating lease liabilities
118
101
130
+16.8%
Other liabilities
2,065
2,357
2,457
-12.4%
Total liabilities and equity
10,763
10,532
10,705
+2.2%
Fixed assets
1,270
1,100
945
+15.5%
Goodwill
3,960
3,952
3,975
+0.2%
Intangible assets
475
821
981
-42.1%
Investments
164
195
185
-15.9%
Trading assets
36.0
31.0
34.0
+16.1%
Cash and equivalents
1,590
1,053
1,484
+51.0%
Receivables
1,291
1,405
1,172
-8.1%
Inventory
1,031
1,038
830
-0.7%
Other assets
946
937
1,099
+1.0%
Total assets
10,763
10,532
10,705
+2.2%
10-K for the year ended 31 October 2023, filed 20 December 2023: the filing.