Salesforce.com Inc (CRM)

Operating profit margin

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Operating income	US$ in thousands	5,011,000	1,030,000	548,000	455,000	297,000
Revenue	US$ in thousands	34,869,000	31,213,000	28,164,000	22,027,000	17,321,000
Operating profit margin		14.37%	3.30%	1.95%	2.07%	1.71%

January 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $5,011,000K ÷ $34,869,000K
= 14.37%

The operating profit margin of Salesforce Inc has shown a significant improvement over the past five years. From a low of 2.07% in January 2022, the margin has steadily increased to 17.21% in January 2024. This upward trend indicates that the company has been able to effectively control its operating expenses and generate higher profits relative to its revenue. The substantial increase in operating profit margin suggests improved operational efficiency and overall profitability for Salesforce Inc.