Salesforce.com Inc (CRM)
Gross profit margin
Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross profit (ttm) | US$ in thousands | 29,252,000 | 28,615,000 | 27,841,000 | 27,165,000 | 26,316,000 | 25,461,000 | 24,645,000 | 23,748,000 | 22,992,000 | 22,020,000 | 21,290,000 | 20,424,000 | 19,466,000 | 18,492,000 | 17,498,000 | 16,611,000 | 15,814,000 | 15,107,000 | 14,461,000 | 13,651,000 |
Revenue (ttm) | US$ in thousands | 38,014,000 | 37,212,000 | 36,503,000 | 35,816,000 | 34,869,000 | 33,714,000 | 32,766,000 | 31,966,000 | 31,213,000 | 30,389,000 | 30,006,000 | 29,252,000 | 28,129,000 | 26,979,000 | 24,988,000 | 23,197,000 | 22,027,000 | 20,756,000 | 19,969,000 | 18,704,000 |
Gross profit margin | 76.95% | 76.90% | 76.27% | 75.85% | 75.47% | 75.52% | 75.22% | 74.29% | 73.66% | 72.46% | 70.95% | 69.82% | 69.20% | 68.54% | 70.03% | 71.61% | 71.79% | 72.78% | 72.42% | 72.98% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $29,252,000K ÷ $38,014,000K
= 76.95%
The gross profit margin of Salesforce.com Inc has exhibited fluctuations over the past few years, ranging from a high of 76.95% on January 31, 2025, to a low of 68.54% on October 31, 2021. Despite the variability, the trend shows a general increase in the gross profit margin from October 31, 2021, onwards. This improvement may indicate enhanced cost management or potentially higher pricing power for the company during this period. A higher gross profit margin is generally considered favorable as it implies that the company is effectively controlling its production costs in relation to its revenue. Salesforce.com Inc's recent trend of increasing gross profit margins could signify operational efficiencies and enhanced profitability, which could be positively received by investors and other stakeholders. However, it is important to monitor future changes in the gross profit margin to assess the company's ability to maintain or further improve its cost structure and pricing strategies.
Peer comparison
Jan 31, 2025