Agilent Technologies, Inc.

AUS

Agilent Technologies, Inc. delivers specialized, application-focused technologies and services to the global life sciences, diagnostics, and applied chemistry industries. Its Life Sciences and Applied Markets segment provides a comprehensive portfolio of analytical instrumentation. This includes liquid chromatography (LC) and gas chromatography (GC) systems, often integrated with mass spectrometry (MS) for advanced analysis (LC-MS, GC-MS). They also offer inductively coupled plasma mass spectrometry (ICP-MS), atomic absorption (AA), microwave plasma-atomic emission spectrometry (MP-AES), and inductively coupled plasma optical emission spectrometry (ICP-OES) instruments, alongside Raman spectroscopy for material characterization. Beyond spectroscopy, the segment supplies cell analysis solutions such as plate-based assays, flow cytometers, real-time cell analyzers, imaging systems, and microplate readers. Complementing these are various laboratory software, information management platforms, data analytics tools, automated and robotic lab systems, dissolution testing equipment, vacuum technology, and general measurement solutions. The Diagnostics and Genomics division offers cutting-edge tools for genetic and diagnostic research. These encompass arrays designed for DNA mutation detection, genotyping, gene copy number determination, identification of gene rearrangements, DNA methylation profiling, and gene expression analysis. This segment also provides target enrichment solutions for next-generation sequencing, along with software for genetic data management and interpretation. Furthermore, it synthesizes custom oligonucleotides. Other significant offerings include immunohistochemistry (IHC), in situ hybridization (ISH), hematoxylin and eosin (H&E) staining, and specialized staining solutions. The division also supplies consumables and software essential for quality control analysis of nucleic acid samples, as well as reagents for turbidimetry and flow cytometry applications. A key area of development for this segment is liquid-based pharmacodiagnostics. Agilent CrossLab, the third segment, focuses on providing essential laboratory consumables and services. Its product range features GC and LC columns, products for sample preparation, custom chemical formulations, and various supplies for laboratory instruments. Complementary services include expert support for startup, ongoing operations, training, compliance, Software-as-a-Service (SaaS) offerings, asset management, and professional consultation. The company's products reach customers through a diverse sales network, including direct sales teams, distributors, resellers, manufacturer's representatives, and its e-commerce platforms. Agilent Technologies, Inc. was established in 1999 and maintains its corporate headquarters in Santa Clara, California.

Founded1999IPO year1999As of2026-08-04
Market Cap
$39.28B
Enterprise Value
$40.83B
EV / LTM Revenue
5.9x
EV / NTM Revenue
5.2x
Trading multiples

Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.

LTM
trailing
NTM
forward
Revenue
5.2x
Gross Profit
9.9x
EBITDA
19.3x
Classification
Sector
Medical Devices & Diagnostics
Sub-sector
Life-Science Instruments & Consumables
Listing
A
Country
US
Historical valuation & fundamentals

EV / LTM Revenue

Annual financials & analyst forecasts

$MCY2021CY2022CY2023CY2024CY2025CY2026ECY2027E
Revenue YoY8%-3%-3%8%6%6%
Revenue$6.45B$6.93B$6.74B$6.53B$7.07B$7.52B$7.98B
Gross Profit$3.48B$3.78B$3.40B$3.53B$3.69B
Gross Profit Margin54.0%54.5%50.6%54.0%52.2%
EBITDA$1.78B$1.99B$1.69B$1.83B$1.82B$2.04B$2.17B
EBITDA Margin27.6%28.7%25.1%28.1%25.8%27.2%27.2%
EBIT$1.40B$1.67B$1.31B$1.48B$1.46B$1.71B$1.82B
Net Income$1.21B$1.32B$1.24B$1.26B$1.29B$1.74B$1.89B
Free Cash Flow$1.28B$1.06B$1.65B$1.31B$993M
FCF Margin19.8%15.3%24.5%20.1%14.1%
Short-Term Debt$0M$238M$0M$16M$304M
Long-Term Debt$2.73B$2.73B$2.56B$3.35B$3.05B
Cash & Cash Equivalents$1.11B$1.25B$1.75B$1.47B$1.76B
Net Debt$1.62B$1.72B$807M$1.90B$1.60B
Net Debt / EBITDA0.9x0.9x0.5x1.0x0.9x
Rule of 4022.8%21.7%17.1%22.2%
Figures in $M. True calendar years (Jan–Dec) built from quarterly data — income & cash-flow lines summed across the four quarters, balance sheet as of year-end. E columns are calendarized analyst consensus — gross profit, cash flow and balance-sheet lines are not estimated. Net debt = short-term debt + long-term debt − cash & cash equivalents; Rule of 40 = YoY revenue growth + FCF margin.