Autodesk Inc (ADSK)

Gross profit margin

		Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019
Gross profit (ttm)	US$ in thousands	5,124,000	4,986,000	4,841,000	4,714,000	4,614,000	4,525,000	4,430,000	4,288,000	4,124,000	3,968,000	3,817,600	3,668,300	3,546,500	3,453,300	3,320,800	3,215,300	3,100,400	2,949,400	2,793,600	2,619,000
Revenue (ttm)	US$ in thousands	5,645,000	5,497,000	5,346,000	5,212,000	5,104,000	5,005,000	4,898,000	4,744,000	4,567,000	4,386,000	4,214,100	4,040,500	3,893,600	3,790,300	3,650,500	3,540,800	3,424,500	3,274,300	3,112,300	2,930,500
Gross profit margin		90.77%	90.70%	90.55%	90.45%	90.40%	90.41%	90.45%	90.39%	90.30%	90.47%	90.59%	90.79%	91.09%	91.11%	90.97%	90.81%	90.54%	90.08%	89.76%	89.37%

April 30, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $5,124,000K ÷ $5,645,000K
= 90.77%

Autodesk Inc's gross profit margin has remained consistently high over the past few years, ranging from 89.37% to 91.11%. This suggests that the company has been effectively managing its cost of goods sold and generating strong revenues from its core operations. The stability and high level of the gross profit margin indicate that Autodesk has been able to maintain a healthy level of profitability, which is a positive sign for investors and stakeholders. Overall, the trend in gross profit margin for Autodesk Inc reflects a strong financial performance and efficient cost management.