Agilent Technologies, Inc. (A) AI Stock Analysis

NYSE: AAI research summary: business, growth, valuation, analysts, bull and bear case.

A AI stock analysis summary

AI Research

Agilent Technologies, Inc. provides analytical instrumentation, diagnostics tools, consumables, and laboratory services. Over the trailing twelve months, the company generated $7.37B in revenue with an operating margin of 25.6%. In its latest quarter ending July 31, 2026, revenue increased 8.1% year-over-year while net earnings grew 8.5%.

Market cap
$48.77B
Revenue (TTM)
$7.37B
P/E
34.1x
fwd 23.9x
1Y return
23.5%
S&P 500 16.8%
Avg. target
$181.05
4.7% vs last close

Bull case

  • TTM operating margin of 25.6% and return on equity of 21.0% indicate solid operational profitability above the peer median operating margin of 18.8%.
  • Quarterly revenue growth improved to 8.1% year-over-year in the period ended July 31, 2026, accompanied by an 8.5% rise in quarterly earnings.
  • Analyst consensus projects full-year earnings growth of 10.9% for FY2026 to reach $6.20 per share.

Bear case

  • Valuation multiples are elevated relative to the sector, with a forward P/E of 23.9x compared to the S&P 500 Healthcare median of 16.5x.
  • Revenue has seen historical volatility, including contractions of 0.2% in FY2023 and 4.7% in FY2024.
  • Five-year stock price performance of 17.0% substantially lagged the S&P 500 return of 83.0%.

What Agilent does

Agilent Technologies, Inc. delivers tailored solutions across life sciences, diagnostics, and applied chemistry. Its Life Sciences and Applied Markets segment supplies advanced instrumentation including liquid chromatography mass spectrometry, gas chromatography systems, molecular spectroscopy tools, laboratory automation, and analytics software. The Diagnostics and Genomics segment provides genetic analysis tools, next-generation sequencing platforms, DNA mutation detection arrays, specialized reagents, and interpretation software. The Agilent CrossLab segment complements these divisions with consumables, instrument supplies, startup support, operational training, compliance services, and software as a service.

Growth and profitability

Agilent's revenue expanded from $6.32B in FY2021 to $6.95B in FY2025, delivering a 5-year revenue CAGR of 5.4% from FY2020 to FY2025. Annual growth saw fluctuations, dropping 0.2% in FY2023 and 4.7% in FY2024 before rebounding 6.7% in FY2025. Gross margin was 52.4% in FY2025, while operating margin stood at 21.3% and net income reached $1.30B. Diluted EPS grew from $4.34 in FY2021 to $5.58 in FY2025. Over the trailing twelve months, revenue was $7.37B, operating margin rose to 25.6%, and profit margin reached 19.5%. In the quarter ended July 31, 2026, quarterly revenue grew 8.1% and earnings rose 8.5%.

A income statement →

Balance sheet and cash flow

As of July 31, 2026, Agilent held $1.76B in cash and short-term investments alongside $3.95B in total debt, resulting in net debt of $2.19B. Total assets were $13.97B and shareholders' equity was $7.36B, reflecting a current ratio of 2.05 and a debt-to-equity ratio of 0.54. In FY2025, operating cash flow was $1.56B and free cash flow was $1.15B. Capital allocation during FY2025 included $407.0M in capital expenditures, $425.0M in share buybacks, and $282.0M in dividends paid, contributing to a 5-year share count reduction of 7.2%.

A balance sheet →

Valuation and performance

At a share price of $172.97, Agilent carries a market capitalization of $48.77B and an enterprise value of $48.80B. The stock trades at a trailing P/E of 34.1x and a forward P/E of 23.9x, both above the median of its S&P 500 Healthcare peers (27.2x and 16.5x, respectively). Its EV/EBITDA of 24.0x also exceeds the peer median of 15.0x. Over the past year, the stock returned 23.5%, outperforming the 16.8% return of the S&P 500, but its 5-year return of 17.0% trailed the index benchmark's 83.0%.

A key metrics →

A dividend

Agilent pays a forward annual dividend of $1.02 per share, yielding 0.59% with a payout ratio of 16.8%. Dividends are distributed quarterly and have been paid for 15 consecutive years, with an annualized 5-year dividend growth rate of 6.6%. The company's last ex-dividend date was October 6, 2026.

A dividend history →

What analysts expect

Wall Street coverage consists of 11 Strong Buy, 4 Buy, and 7 Hold ratings, with no Sell recommendations. The mean price target is $181.05, representing an upside of 4.7% over the last close of $172.97. For the fiscal year ending October 31, 2026, consensus estimates project EPS of $6.20 on revenue of $7.50B. For the subsequent fiscal year, 22 analysts expect EPS of $6.75 and revenue of $7.98B. The company beat EPS estimates in 3 of the last 4 quarters, with the next earnings release scheduled for November 23, 2026.

A forecast and price target →

Key risks and what to watch

  • Net debt stood at $2.19B as of July 31, 2026, with total debt of $3.95B to manage.
  • The stock is trading near its 52-week high of $177.47 and 29.0% above its 200-day moving average, leaving little margin relative to the mean price target of $181.05.
  • Beta of 1.21 reflects higher price volatility than the broader equity market.
  • Annual free cash flow declined from $1.37B in FY2024 to $1.15B in FY2025.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this A AI stock analysis

This page is an AI-written research summary of Agilent Technologies, Inc. (A). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: A income statement, A balance sheet, A key metrics, A analyst forecast, A chart. See the A stock overview for the latest quote and news.

A AI stock analysis FAQ

What was Agilent's revenue and earnings performance in the latest quarter?

In the quarter ended July 31, 2026, Agilent achieved year-over-year revenue growth of 8.1% and earnings growth of 8.5%. Trailing twelve months revenue stands at $7.37B with EPS of $5.07.

How does Agilent's valuation compare to its peer group?

Agilent trades at a premium to the median of its S&P 500 Healthcare peers. Its trailing P/E of 34.1x and forward P/E of 23.9x compare to peer medians of 27.2x and 16.5x, respectively.

Does Agilent pay a dividend?

Yes, Agilent pays a quarterly dividend totaling $1.02 annually, representing a yield of 0.59%. It has paid dividends for 15 consecutive years with a payout ratio of 16.8%.

What is Agilent's balance sheet condition?

As of July 31, 2026, Agilent had $1.76B in cash and short-term investments, $3.95B in total debt, and net debt of $2.19B. Its current ratio is 2.05 and debt-to-equity is 0.54.

When is Agilent's next earnings report?

Agilent is scheduled to report its next earnings on November 23, 2026. Analysts project current fiscal year revenue of $7.50B and EPS of $6.20.

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