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KEYS (Keysight Technologies) Return-on-Tangible-Equity : 43.15% (As of Apr. 2025)


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What is Keysight Technologies Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Keysight Technologies's annualized net income for the quarter that ended in Apr. 2025 was $1,028 Mil. Keysight Technologies's average shareholder tangible equity for the quarter that ended in Apr. 2025 was $2,383 Mil. Therefore, Keysight Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2025 was 43.15%.

The historical rank and industry rank for Keysight Technologies's Return-on-Tangible-Equity or its related term are showing as below:

KEYS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 24.71   Med: 59.54   Max: 173.68
Current: 33.46

During the past 13 years, Keysight Technologies's highest Return-on-Tangible-Equity was 173.68%. The lowest was 24.71%. And the median was 59.54%.

KEYS's Return-on-Tangible-Equity is ranked better than
92.22% of 2340 companies
in the Hardware industry
Industry Median: 5.44 vs KEYS: 33.46

Keysight Technologies Return-on-Tangible-Equity Historical Data

The historical data trend for Keysight Technologies's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Keysight Technologies Return-on-Tangible-Equity Chart

Keysight Technologies Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.38 54.46 52.60 40.27 24.71

Keysight Technologies Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.46 73.85 -13.54 30.82 43.15

Competitive Comparison of Keysight Technologies's Return-on-Tangible-Equity

For the Scientific & Technical Instruments subindustry, Keysight Technologies's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Keysight Technologies's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Keysight Technologies's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Keysight Technologies's Return-on-Tangible-Equity falls into.


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Keysight Technologies Return-on-Tangible-Equity Calculation

Keysight Technologies's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=614/( (2859+2110 )/ 2 )
=614/2484.5
=24.71 %

Keysight Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2025 )  (Q: Jan. 2025 )(Q: Apr. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2025 )  (Q: Jan. 2025 )(Q: Apr. 2025 )
=1028/( (2277+2488)/ 2 )
=1028/2382.5
=43.15 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Apr. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Keysight Technologies  (NYSE:KEYS) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Keysight Technologies Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Keysight Technologies's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Keysight Technologies Business Description

Address
1400 Fountaingrove Parkway, Santa Rosa, CA, USA, 95403
Keysight Technologies is a leader in the field of testing and measurement, helping electronics OEMs and suppliers alike bring products to market to fit industry standards and specifications. Keysight specializes in the communications market, but also supplies into the government, automotive, industrial, and semiconductor manufacturing markets. Keysight's solutions include testing tools, analytical software, and services. The firm's stated objective is to reduce time to market and improve efficiency at its more than 30,000 customers.
Executives
Neil Dougherty officer: SVP & CFO 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Mark Adam Wallace officer: SVP 1400 FOUNTAINGROVE PKWY, SANTA ROSA CA 95403
Jeffrey K Li officer: SVP and Secretary 1400 FOUNTAINGROVE PKWY, SANTA ROSA CA 95403
Soon Chai Gooi officer: SVP 5301 STEVENS CREEK BLVD., SANTA CLARA CA 95051
Ronald S. Nersesian director, officer: CEO 5301 STEVENS CREEK BLVD., MS 1A-LC, SANTA CLARA CA 95051
John Page officer: SVP 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Satish Dhanasekaran officer: SVP 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Kailash Narayanan officer: SVP 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Lisa M. Poole officer: VP and Controller 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Richard P Hamada director 2211 S 47TH ST, PHOENIX AZ 85034
Kevin A Stephens director 1220 AUGUSTA DRIVE, SUITE 600, HOUSTON TX 77057
Huei Sin Ee officer: SVP 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
James Cullen director 5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051
Charles J Dockendorff director COVIDIEN LTD., 15 HAMPSHIRE STREET, MANSFIELD MA 02048
Ingrid A Estrada officer: SVP 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403