Salesforce.com Inc (CRM)
Net profit margin
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,136,000 | 208,000 | 1,444,000 | 4,072,000 | 126,000 |
| Revenue | US$ in thousands | 34,869,000 | 31,213,000 | 28,164,000 | 22,027,000 | 17,321,000 |
| Net profit margin | 11.86% | 0.67% | 5.13% | 18.49% | 0.73% |
January 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $4,136,000K ÷ $34,869,000K
= 11.86%
Salesforce Inc's net profit margin has demonstrated fluctuation over the past five years. The net profit margin was notably low at 0.66% in January 2023 and 0.74% in January 2020. However, there was a significant increase in the net profit margin in January 2021, reaching 19.16%. Subsequently, there was a decline to 5.45% in January 2022 and a further decrease to 11.87% in January 2024. This fluctuation may indicate varying levels of operational efficiency and profitability for Salesforce Inc over the years, potentially influenced by factors such as cost management, revenue generation, and economic conditions within the industry. Further analysis of the company's financial performance and factors affecting its profitability would be recommended to gain a more comprehensive understanding.
Peer comparison
Jan 31, 2024