Agilent Technologies Full Year 2024 Earnings: In Line With Expectations

Simply Wall St

December 23, 2024

Agilent Technologies (NYSE:A) Full Year 2024 Results

Key Financial Results

Revenue: US$6.51b (down 4.7% from FY 2023).
Net income: US$1.29b (up 4.0% from FY 2023).
Profit margin: 20% (up from 18% in FY 2023). The increase in margin was driven by lower expenses.
EPS: US$4.45 (up from US$4.22 in FY 2023).

revenue-and-expenses-breakdown — NYSE:A Revenue and Expenses Breakdown December 23rd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Agilent Technologies Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

The primary driver behind last 12 months revenue was the Life Sciences and Applied Markets Group segment contributing a total revenue of US$3.22b (49% of total revenue). The largest operating expense was General & Administrative costs, amounting to US$1.50b (67% of total expenses). Explore how A's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Life Sciences industry in the US.

Performance of the American Life Sciences industry.

The company's shares are down 2.3% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Agilent Technologies' balance sheet.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.