Oracle Corporation (ORCL)
Gross profit margin
| May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 39,412,000 | 38,595,000 | 37,545,000 | 36,553,000 | 35,280,000 | 64,893,000 | 64,171,000 | 58,859,000 | 58,438,000 | 56,477,000 | 56,128,000 | 60,271,000 | 59,813,000 | 58,402,000 | 58,084,000 | 57,852,000 | 57,682,000 | 58,120,000 | 57,906,000 | 57,667,000 |
| Revenue (ttm) | US$ in thousands | 52,960,000 | 52,432,000 | 51,522,000 | 50,865,000 | 49,953,000 | 75,826,000 | 74,208,000 | 72,479,000 | 70,880,000 | 68,919,000 | 68,584,000 | 68,133,000 | 67,848,000 | 66,437,000 | 66,252,000 | 66,195,000 | 66,165,000 | 66,603,000 | 66,398,000 | 66,292,000 |
| Gross profit margin | 74.42% | 73.61% | 72.87% | 71.86% | 70.63% | 85.58% | 86.47% | 81.21% | 82.45% | 81.95% | 81.84% | 88.46% | 88.16% | 87.91% | 87.67% | 87.40% | 87.18% | 87.26% | 87.21% | 86.99% |
May 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $39,412,000K ÷ $52,960,000K
= 74.42%
Oracle Corporation's gross profit margin has shown fluctuations over the past two years, ranging from a low of 70.63% in May 2023 to a high of 88.46% in February 2022. The average gross profit margin for this period is approximately 81.92%. It is important to note that the company has maintained relatively high gross profit margins, consistently above 70%, indicating strong pricing power and efficient cost management in its operations. The recent margins, exceeding 80%, reflect the ability of Oracle Corporation to generate significant profits from its sales after accounting for the cost of goods sold. The increase in gross profit margin from 70.63% in May 2023 to 74.42% in May 2024 suggests an improvement in the company's profitability efficiency in generating revenue. This trend may be attributed to various factors such as cost-saving initiatives, pricing strategies, and revenue growth. Overall, Oracle Corporation's gross profit margin analysis indicates a healthy financial performance and competitive positioning within the industry.
Peer comparison
May 31, 2024