Dell Technologies Inc (DELL)
Gross profit margin
| Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 20,869,000 | 22,686,000 | 21,891,000 | 20,140,000 | 20,639,000 |
| Revenue | US$ in thousands | 88,425,000 | 102,301,000 | 101,197,000 | 86,670,000 | 84,815,000 |
| Gross profit margin | 23.60% | 22.18% | 21.63% | 23.24% | 24.33% |
February 2, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $20,869,000K ÷ $88,425,000K
= 23.60%
The gross profit margin of Dell Technologies Inc has shown some fluctuation over the past five years. In fiscal year 2023 and 2024, the company's gross profit margin improved to 22.18% and 23.60% respectively, compared to the previous years. However, in fiscal year 2022, the gross profit margin was slightly lower at 21.63%. The highest gross profit margin was recorded in fiscal year 2020 at 24.33%, indicating strong profitability during that period. Overall, Dell's gross profit margin has demonstrated some variability but has generally remained within a reasonable range over the past five years, reflecting the company's ability to manage its cost of goods sold relative to its revenue.
Peer comparison
Feb 2, 2024