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Autodesk (Autodesk) Gross Margin %

: 91.15% (As of Jan. 2024)
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Gross Margin % is calculated as gross profit divided by its revenue. Autodesk's Gross Profit for the three months ended in Jan. 2024 was $1,339 Mil. Autodesk's Revenue for the three months ended in Jan. 2024 was $1,469 Mil. Therefore, Autodesk's Gross Margin % for the quarter that ended in Jan. 2024 was 91.15%.


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

ADSK' s Gross Margin % Range Over the Past 10 Years
Min: 83.17   Med: 89.48   Max: 91.11
Current: 90.7


During the past 13 years, the highest Gross Margin % of Autodesk was 91.11%. The lowest was 83.17%. And the median was 89.48%.

ADSK's Gross Margin % is ranked better than
94.44% of 2628 companies
in the Software industry
Industry Median: 41.685 vs ADSK: 90.70

Autodesk had a gross margin of 91.15% for the quarter that ended in Jan. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Autodesk was 0.30% per year.


Autodesk Gross Margin % Historical Data

The historical data trend for Autodesk's Gross 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.

Autodesk Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.08 91.11 90.47 90.41 90.70

Autodesk Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 90.59 89.99 90.56 91.02 91.15

Competitive Comparison

For the Software - Application subindustry, Autodesk's Gross Margin %, along with its competitors' market caps and Gross 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.


Autodesk Gross Margin % Distribution

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

* The bar in red indicates where Autodesk's Gross Margin % falls into.



Autodesk Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

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

Gross Margin % (A: Jan. 2024 )=Gross Profit (A: Jan. 2024 ) / Revenue (A: Jan. 2024 )
=4986 / 5497
=(Revenue - Cost of Goods Sold) / Revenue
=(5497 - 511) / 5497
=90.70 %

Autodesk's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=1339 / 1469
=(Revenue - Cost of Goods Sold) / Revenue
=(1469 - 130) / 1469
=91.15 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Autodesk  (NAS:ADSK) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Autodesk had a gross margin of 91.15% for the quarter that ended in Jan. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Autodesk Gross Margin % Related Terms

Thank you for viewing the detailed overview of Autodesk's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Autodesk (Autodesk) Business Description

Address
One Market Street, Suite 400, San Francisco, CA, USA, 94105
Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.
Executives
Mary T Mcdowell director
Stacy J Smith director 2200 MISSION COLLEGE BLVD., RNB-4-151, SANTA CLARA CA 95054
Rebecca Pearce officer: EVP, Chief People Officer 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Betsy Rafael director 550 MERIDIAN AVENUE, SAN JOSE CA 95126
Stephen W. Hope officer: VP & Chief Accounting Officer 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Lorrie M Norrington director C/O EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Andrew Anagnost director, officer: President and CEO 111 MCINNIS PARKWAY, AUTODESK, INC., SAN RAFAEL CA 94903
Deborah Clifford officer: EVP & Chief Financial Officer 4300 NORTH FIRST STREET, SAN JOSE CA 95134
Ayanna Howard director 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Rami Rahim director 1194 N. MATHILDA AVE., SUNNYVALE CA 94089
Ruth Ann Keene officer: EVP, Corp Affairs, CLO C/O UNITY SOFTWARE INC., 30 - 3RD STREET, SAN FRANCISCO CA 94103
Di Fronzo Pascal W officer: EVP, Corp Affairs, CLO & Sec AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Steven M Blum officer: Chief Revenue Officer 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
French R Reid Jr director C/O INTERGRAPH CORP, 288 DUNLOP BLVD, HUNTSVILLE AL 35824
Stephen D Milligan director C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119