Box Inc (BOX)
Gross profit margin
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 862,025 | 777,129 | 738,318 | 624,848 | 546,032 |
| Revenue | US$ in thousands | 1,090,130 | 1,037,740 | 990,874 | 874,332 | 770,770 |
| Gross profit margin | 79.08% | 74.89% | 74.51% | 71.47% | 70.84% |
January 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $862,025K ÷ $1,090,130K
= 79.08%
Box Inc has demonstrated a consistent upward trend in its gross profit margin over the past five years, reflecting a strong ability to generate profit from its core operations. The margin has increased from 70.84% as of January 31, 2021, to 79.08% as of January 31, 2025. This indicates the company's efficiency in managing its production costs and pricing strategies, resulting in improved profitability over time. The steady improvement in gross profit margin suggests that Box Inc has been successful in enhancing its operational efficiency and maintaining a competitive position in its industry.
Peer comparison
Jan 31, 2025