Oracle Corporation (ORCL)
Gross profit margin
| May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 39,411,000 | 35,280,000 | 24,080,000 | 27,000,000 | 25,737,000 |
| Revenue | US$ in thousands | 52,961,000 | 49,954,000 | 42,440,000 | 40,479,000 | 36,904,000 |
| Gross profit margin | 74.42% | 70.62% | 56.74% | 66.70% | 69.74% |
May 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $39,411,000K ÷ $52,961,000K
= 74.42%
Over the past five years, Oracle Corporation has demonstrated a fluctuating trend in its gross profit margin. In 2024, the gross profit margin reached 74.42%, showing an improvement compared to the previous year's 70.62%. This indicates that Oracle has been more efficient in generating profits from its revenue in the most recent fiscal year.
However, looking back at 2022, the company experienced a significant decline in gross profit margin to 56.74%, reflecting challenges in cost management or pricing strategies during that period. The subsequent recovery in 2023 and 2024 suggests that Oracle has made efforts to address those issues and improve its profitability.
Overall, despite fluctuations, Oracle has generally maintained a relatively high gross profit margin compared to its performance in 2021 and 2020. This indicates the company's ability to effectively control production costs and price its products or services competitively in order to generate a healthy level of gross profit from its revenue.
Peer comparison
May 31, 2024