Agilent Gross Profit vs Operating Income Analysis

A Stock  USD 147.37  2.96  2.05%   
Agilent Technologies financial indicator trend analysis is way more than just evaluating Agilent Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agilent Technologies is a good investment. Please check the relationship between Agilent Technologies Gross Profit and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agilent Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agilent Technologies Gross Profit account and Operating Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Agilent Technologies' Gross Profit and Operating Income is 0.25. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Agilent Technologies, assuming nothing else is changed. The correlation between historical values of Agilent Technologies' Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Agilent Technologies are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Agilent Technologies' Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Agilent Technologies minus its cost of goods sold. It is profit before Agilent Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Agilent Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Agilent Technologies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Agilent Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agilent Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agilent Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.The current year's Tax Provision is expected to grow to about 164.1 M, whereas Selling General Administrative is forecasted to decline to about 1.4 B.
 2021 2022 2023 2024 (projected)
Interest Expense84M95M85.5M81.2M
Depreciation And Amortization287M271M243.9M263.3M

Agilent Technologies fundamental ratios Correlations

-0.150.410.960.150.410.930.180.36-0.760.940.02-0.040.030.980.460.490.92-0.16-0.160.960.310.660.030.180.44
-0.150.7-0.250.790.68-0.120.170.630.62-0.30.860.630.19-0.060.2-0.050.06-0.05-0.04-0.31-0.060.04-0.12-0.450.42
0.410.70.280.580.740.48-0.010.650.030.240.540.310.260.50.260.130.45-0.22-0.220.310.210.46-0.2-0.350.64
0.96-0.250.280.150.30.90.110.37-0.790.86-0.01-0.120.110.880.520.420.93-0.26-0.260.920.090.62-0.060.150.32
0.150.790.580.150.720.090.270.760.39-0.050.970.670.180.140.460.20.45-0.09-0.09-0.06-0.240.1-0.08-0.290.24
0.410.680.740.30.720.390.280.80.090.310.740.550.120.470.370.360.55-0.08-0.080.290.10.35-0.04-0.280.51
0.93-0.120.480.90.090.39-0.010.47-0.790.85-0.05-0.240.220.910.420.220.87-0.36-0.360.920.240.78-0.19-0.120.56
0.180.17-0.010.110.270.28-0.010.10.070.210.310.38-0.20.230.420.340.230.30.290.110.160.080.280.30.36
0.360.630.650.370.760.80.470.1-0.050.160.710.280.510.340.6-0.050.62-0.5-0.490.24-0.30.56-0.42-0.640.61
-0.760.620.03-0.790.390.09-0.790.07-0.05-0.740.530.54-0.21-0.68-0.39-0.07-0.610.370.37-0.85-0.1-0.70.21-0.09-0.29
0.94-0.30.240.86-0.050.310.850.210.16-0.74-0.14-0.08-0.190.950.230.60.790.040.050.950.480.510.220.340.33
0.020.860.54-0.010.970.74-0.050.310.710.53-0.140.780.060.040.360.210.310.050.06-0.17-0.220.00.04-0.280.22
-0.040.630.31-0.120.670.55-0.240.380.280.54-0.080.78-0.410.030.160.440.130.530.53-0.180.01-0.190.490.11-0.05
0.030.190.260.110.180.120.22-0.20.51-0.21-0.190.06-0.41-0.040.47-0.570.16-0.97-0.97-0.02-0.350.48-0.99-0.610.42
0.98-0.060.50.880.140.470.910.230.34-0.680.950.040.03-0.040.390.520.87-0.06-0.060.950.460.650.10.190.51
0.460.20.260.520.460.370.420.420.6-0.390.230.360.160.470.39-0.130.65-0.43-0.430.36-0.340.72-0.37-0.310.55
0.49-0.050.130.420.20.360.220.34-0.05-0.070.60.210.44-0.570.52-0.130.390.520.520.460.39-0.230.610.74-0.16
0.920.060.450.930.450.550.870.230.62-0.610.790.310.130.160.870.650.39-0.26-0.260.830.060.68-0.08-0.030.46
-0.16-0.05-0.22-0.26-0.09-0.08-0.360.3-0.50.370.040.050.53-0.97-0.06-0.430.52-0.261.0-0.130.35-0.530.970.58-0.39
-0.16-0.04-0.22-0.26-0.09-0.08-0.360.29-0.490.370.050.060.53-0.97-0.06-0.430.52-0.261.0-0.130.35-0.530.970.57-0.4
0.96-0.310.310.92-0.060.290.920.110.24-0.850.95-0.17-0.18-0.020.950.360.460.83-0.13-0.130.290.660.050.220.42
0.31-0.060.210.09-0.240.10.240.16-0.3-0.10.48-0.220.01-0.350.46-0.340.390.060.350.350.29-0.030.330.40.12
0.660.040.460.620.10.350.780.080.56-0.70.510.0-0.190.480.650.72-0.230.68-0.53-0.530.66-0.03-0.43-0.470.77
0.03-0.12-0.2-0.06-0.08-0.04-0.190.28-0.420.210.220.040.49-0.990.1-0.370.61-0.080.970.970.050.33-0.430.6-0.36
0.18-0.45-0.350.15-0.29-0.28-0.120.3-0.64-0.090.34-0.280.11-0.610.19-0.310.74-0.030.580.570.220.4-0.470.6-0.46
0.440.420.640.320.240.510.560.360.61-0.290.330.22-0.050.420.510.55-0.160.46-0.39-0.40.420.120.77-0.36-0.46
Click cells to compare fundamentals

Agilent Technologies Account Relationship Matchups

Agilent Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.6B10.7B10.5B10.8B12.4B9.3B
Other Current Liab652M769M784M634M570.6M635.2M
Total Current Liabilities1.5B1.7B1.9B1.6B1.4B1.4B
Total Stockholder Equity4.9B5.4B5.3B5.8B6.7B4.7B
Property Plant And Equipment Net845M945M1.1B1.3B1.1B863.9M
Non Current Assets Total6.2B6.9B6.7B6.6B7.6B4.6B
Non Currrent Assets Other201M396M511M424M381.6M586.7M
Net Receivables1.0B1.2B1.4B1.3B1.2B797.6M
Common Stock Shares Outstanding312M307M300M296M266.4M305.0M
Liabilities And Stockholders Equity9.6B10.7B10.5B10.8B12.4B9.3B
Non Current Liabilities Total3.3B3.6B3.4B3.3B3.8B2.7B
Inventory720M830M1.0B1.0B927.9M740.7M
Other Current Assets216M222M282M274M246.6M283.8M
Other Stockholder Equity5.3B5.3B5.3B5.4B4.8B5.1B
Total Liab4.8B5.3B5.2B4.9B5.7B4.5B
Property Plant And Equipment Gross845M2.1B2.2B2.5B2.9B3.0B
Total Current Assets3.4B3.8B3.8B4.2B3.8B3.4B
Accumulated Other Comprehensive Income(522M)(282M)(363M)(327M)(294.3M)(309.0M)
Current Deferred Revenue386M441M461M505M580.8M364.3M
Short Long Term Debt Total2.4B2.7B2.8B2.7B3.1B2.2B
Other Liab876M879M633M462M531.3M776.8M
Net Debt918M1.2B1.7B1.1B1.3B1.4B
Retained Earnings81M348M324M782M899.3M854.3M
Cash1.4B1.5B1.1B1.6B1.8B2.2B
Other Assets601M820M670M554M498.6M642.3M
Cash And Short Term Investments1.4B1.6B1.1B1.6B1.8B2.2B
Good Will4.4B5.0B4.8B4.0B4.6B2.4B
Short Term Debt75M52M36M46M41.4M39.3M
Intangible Assets831M981M821M475M546.3M652.9M
Property Plant Equipment845M945M1.1B1.4B1.3B845.4M
Long Term Debt2.3B2.7B2.7B2.7B3.1B2.3B
Long Term Debt Total2.3B2.7B2.7B2.7B3.1B2.3B
Net Tangible Assets440M433M516M1.4B1.3B953.5M

Agilent Technologies Investors Sentiment

The influence of Agilent Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Agilent. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Agilent Technologies' public news can be used to forecast risks associated with an investment in Agilent. The trend in average sentiment can be used to explain how an investor holding Agilent can time the market purely based on public headlines and social activities around Agilent Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Agilent Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Agilent Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Agilent Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Agilent Technologies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Agilent Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Agilent Technologies' short interest history, or implied volatility extrapolated from Agilent Technologies options trading.

Pair Trading with Agilent Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agilent Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agilent Technologies will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Agilent Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agilent Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agilent Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agilent Technologies to buy it.
The correlation of Agilent Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agilent Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agilent Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agilent Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Agilent Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agilent Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agilent Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agilent Technologies Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agilent Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.
Note that the Agilent Technologies information on this page should be used as a complementary analysis to other Agilent Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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When running Agilent Technologies' price analysis, check to measure Agilent Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Agilent Technologies is operating at the current time. Most of Agilent Technologies' value examination focuses on studying past and present price action to predict the probability of Agilent Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agilent Technologies' price. Additionally, you may evaluate how the addition of Agilent Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Agilent Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agilent Technologies. If investors know Agilent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agilent Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
0.911
Earnings Share
4.19
Revenue Per Share
22.967
Quarterly Revenue Growth
(0.06)
The market value of Agilent Technologies is measured differently than its book value, which is the value of Agilent that is recorded on the company's balance sheet. Investors also form their own opinion of Agilent Technologies' value that differs from its market value or its book value, called intrinsic value, which is Agilent Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agilent Technologies' market value can be influenced by many factors that don't directly affect Agilent Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agilent Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Agilent Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agilent Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.