Autodesk Inc (ADSK)
Gross profit margin
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 4,986,000 | 4,525,000 | 3,968,000 | 3,453,000 | 2,949,400 |
| Revenue | US$ in thousands | 5,497,000 | 5,005,000 | 4,386,000 | 3,790,000 | 3,274,300 |
| Gross profit margin | 90.70% | 90.41% | 90.47% | 91.11% | 90.08% |
January 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $4,986,000K ÷ $5,497,000K
= 90.70%
Autodesk Inc has demonstrated a consistently high gross profit margin over the past five years, ranging from 90.08% in January 2020 to 91.11% in January 2021. The company's gross profit margin remained above 90% in each of the years presented, indicating strong profitability in its core operations. The slight fluctuations in the margin over the years are relatively stable, with the lowest being 90.08% and the highest 91.11%. This consistent high level of gross profit margin suggests efficient cost management, pricing strategies, and competitive positioning within the industry. Overall, Autodesk Inc's gross profit margin performance reflects a stable and healthy financial position over the period analyzed.
Peer comparison
Jan 31, 2024