# Agilent Technologies Inc. (A) — Stock CV

Agilent Technologies Inc. is a $48.1B technology company. Revenue grew 8.6% over the last year, it keeps 20¢ of every dollar of sales as profit, and its net debt equals ~1.2 years of free cash flow. It trades at 33.4× earnings — in the most expensive third of its own history.

> Originally spun out of Hewlett-Packard in 1999, Agilent has evolved into a leading life science and diagnostic firm.

## Identity

- **Ticker**: A
- **Sector**: Technology
- **Industry**: Laboratory Analytical Instruments
- **Headquarters**: SANTA CLARA, CA
- **Employees**: 18 200
- **Website**: https://www.agilent.com
- **Market cap**: $48.1B
- **Last price**: $170.54
- **Financial profile**: Mixed

## Vitals (TTM)

- **Revenue**: $7.37B
- **Net income**: $1.44B
- **Free cash flow**: $1.27B
- **Net debt**: $1.56B
- **P/E**: 33.4
- **Revenue growth (YoY)**: 8.6%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 27 |
| Growth | 57 |
| Profitability | 80 |
| Health | 62 |
| Quality | 82 |
| Moat | 88 |

## Qualifications (beginner checklist) — 10 of 11 passed

- [x] Revenue growing — +8.6% YoY
- [x] Profitable — $1.44B TTM
- [x] Profit growing — +3.0% YoY
- [x] Generates cash — $1.27B TTM
- [x] Debt under control — ~1.2y of cash flow to repay
- [x] Established company — $48.1B market cap
- [x] Not printing shares — -8.7% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [ ] Financially stable — health score 50/100
- [x] Pays a dividend — yield 0.59%
- [x] Valuation not extreme — P/E 33.4

## Experience (career milestones)

- **FY2025** — Best year on record: $1.30B net income
- **2020** — Agilent introduced CrossLab Virtual Assist, a mobile app that facilities high-quality remote technical support
- **2019** — Agilent acquired US-based BioTek Instruments, a designer, manufacturer
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $1B: $4.20B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak
- **Jul 7, 2016** — Agilent announced that it had acquired U.K. based Cobalt Light Systems
- **2016** — Avago changed its name to Broadcom Limited
- **1999** — Agilent was established in 1999 as a spin-off from Hewlett-Packard
- **1999** — Agilent Technologies was created in 1999 as a spin-off of several business units of Hewlett-Packard including test &…
- **1999** — From 1999 to 2014, the company produced optics (LED, laser), semiconductors, EDA software and test and measurement…

## Strengths

- High gross margin (53.9%)
- Strong cash conversion — FCF is 17.2% of revenue
- Interest covered 17.3× by operating earnings
- High returns on invested capital (ROIC 16.8%)

## Watch-outs

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $6.32B | $1.21B | $1.30B |
| FY2022 | $6.85B | $1.25B | $1.02B |
| FY2023 | $6.83B | $1.24B | $1.47B |
| FY2024 | $6.51B | $1.29B | $1.37B |
| FY2025 | $6.95B | $1.30B | $1.15B |

---

Source: https://stockcv.com/A — derived from company filings; may be delayed or incomplete. Information, not investment advice.