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Oct 31, 2024

Agilent Q4 2024 Earnings Report

Agilent reported solid results in Q4 2024 and initiated FY25 guidance.

Key Takeaways

Agilent Technologies reported a revenue of $1.70 billion for the fourth quarter ended October 31, 2024, an increase of 0.8% compared to the fourth quarter of 2023. Fourth-quarter GAAP net income was $351 million, or $1.22 per share. Non-GAAP net income was $418 million, or $1.46 per share.

Revenue of $1.70 billion, up 0.8% reported and down 0.3% core from the fourth quarter of 2023.

GAAP net income of $351 million; earnings per share (EPS) of $1.22, down 25% from the fourth quarter of 2023.

Non-GAAP net income of $418 million; EPS of $1.46, up 6% from the fourth quarter of 2023.

New market-based, customer-first strategy combined with transformation to capture more growth opportunities.

Total Revenue
$1.7B
Previous year: $1.69B
+0.7%
EPS
$1.46
Previous year: $1.38
+5.8%
LSAG Operating Margin
28%
Previous year: 28.1%
-0.4%
Gross Profit
$916M
Previous year: $915M
+0.1%
Cash and Equivalents
$1.33B
Previous year: $1.59B
-16.4%
Free Cash Flow
$388M
Previous year: $432M
-10.2%
Total Assets
$11.8B
Previous year: $10.8B
+10.1%

Agilent

Agilent

Agilent Revenue by Segment

Forward Guidance

Full-year revenue outlook is expected in the range of $6.790 billion to $6.870 billion. Non-GAAP EPS is expected in the range of $5.54 to $5.61 per share. The outlook for first-quarter revenue is expected to be in the range of $1.650 billion to $1.680 billion. Non-GAAP EPS is expected in the range of $1.25 to $1.28 per share.

Revenue & Expenses

Visualization of income flow from segment revenue to net income