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Salesforce (WBO:CRM) Pretax Margin % : 17.71% (As of Jan. 2024)


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What is Salesforce Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Salesforce's Pre-Tax Income for the three months ended in Jan. 2024 was €1,510 Mil. Salesforce's Revenue for the three months ended in Jan. 2024 was €8,525 Mil. Therefore, Salesforce's pretax margin for the quarter that ended in Jan. 2024 was 17.71%.

The historical rank and industry rank for Salesforce's Pretax Margin % or its related term are showing as below:

WBO:CRM' s Pretax Margin % Range Over the Past 10 Years
Min: -3.97   Med: 4.06   Max: 14.2
Current: 14.2


WBO:CRM's Pretax Margin % is ranked better than
80.33% of 2755 companies
in the Software industry
Industry Median: 2.26 vs WBO:CRM: 14.20

Salesforce Pretax Margin % Historical Data

The historical data trend for Salesforce's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Salesforce Pretax Margin % Chart

Salesforce Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.13 12.05 5.78 2.11 14.20

Salesforce Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 3.95 17.34 17.05 17.71

Competitive Comparison of Salesforce's Pretax Margin %

For the Software - Application subindustry, Salesforce's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Salesforce's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Salesforce's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Salesforce's Pretax Margin % falls into.



Salesforce Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Salesforce's Pretax Margin for the fiscal year that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jan. 2024 )/Revenue (A: Jan. 2024 )
=4544.1/31998.726
=14.20 %

Salesforce's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=1510.11/8525.466
=17.71 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Salesforce  (WBO:CRM) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Salesforce Pretax Margin % Related Terms

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Salesforce (WBO:CRM) Business Description

Address
415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, USA, 94105
Salesforce Inc provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.