Salesforce.com Inc (CRM)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 4,950,000 | 3,338,000 | 2,326,000 | 1,015,000 | 660,000 | 430,000 | 254,000 | 899,000 | 1,532,000 | 2,154,000 | 3,105,000 | 3,118,000 | 2,561,000 | 2,132,000 | 946,000 | 271,000 | 706,000 | 949,000 | 1,013,000 | 1,080,000 |
| 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 |
| Pretax margin | 14.20% | 9.90% | 7.10% | 3.18% | 2.11% | 1.41% | 0.85% | 3.07% | 5.45% | 7.98% | 12.43% | 13.44% | 11.63% | 10.27% | 4.74% | 1.45% | 4.04% | 5.85% | 6.78% | 7.55% |
January 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $4,950,000K ÷ $34,869,000K
= 14.20%
The pretax margin of Salesforce Inc has shown a positive trend over the past eight quarters, indicating an improvement in the company's profitability before accounting for taxes. The pretax margin increased from 2.11% in Q4 2023 to 14.20% in Q4 2024, reflecting a notable growth in profitability. This upward trend suggests that Salesforce Inc has been effectively managing its costs and expenses relative to its revenue, resulting in higher pretax profits for the company. The steady improvement in pretax margin indicates the company's strong operational performance and potential for financial growth in the future.
Peer comparison
Jan 31, 2024