Salesforce.com Inc (CRM)

Gross profit margin

		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	Apr 30, 2019
Gross profit (ttm)	US$ in thousands	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	12,863,000	11,889,000	11,013,000	10,415,000
Revenue (ttm)	US$ in thousands	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	17,469,000	16,221,000	14,952,000	14,307,000
Gross profit margin		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%	73.63%	73.29%	73.66%	72.80%

January 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $26,316,000K ÷ $34,869,000K
= 75.47%

Salesforce Inc has shown a consistent trend of improving gross profit margins over the quarters, with the most recent quarter reaching 75.50%. This indicates that the company has been effectively managing its production costs and increasing efficiencies in generating revenue. The upward trend in gross profit margins suggests strong operational performance and potentially better pricing strategies. Overall, the company's ability to maintain and increase its gross profit margin reflects positively on its profitability and operational effectiveness.