Salesforce.com Inc (CRM)

Net 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
Net income (ttm)	US$ in thousands	4,136,000	2,592,000	1,578,000	379,000	208,000	278,000	536,000	1,003,000	1,444,000	1,739,000	2,352,000	4,442,000	4,072,000	3,557,000	2,367,000	-167,000	126,000	736,000	950,000	1,158,000
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
Net profit margin		11.86%	7.69%	4.82%	1.19%	0.67%	0.91%	1.79%	3.43%	5.13%	6.45%	9.41%	19.15%	18.49%	17.14%	11.85%	-0.89%	0.72%	4.54%	6.35%	8.09%

January 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,136,000K ÷ $34,869,000K
= 11.86%

The net profit margin of Salesforce Inc has shown a consistent improvement over the past eight quarters. From a low of 0.66% in Q4 2023, the net profit margin has steadily increased to reach 11.87% in Q4 2024. This indicates that the company has been able to effectively control its costs and generate higher profits relative to its revenue. The significant improvement in net profit margin reflects positively on Salesforce's overall financial performance and suggests effective management of expenses and revenue growth strategies.