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Investment Highlights Market Valuation Price Chart About CRM Interactive Breakdown Better Bets vs. CRM Latest Trefis Analyses Trade Ideas Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Salesforce (CRM)

Market Price (10/15/2025): $241.4 | Market Cap: $230.8 Bil
Sector: Information Technology | Industry: Application Software

Salesforce (CRM)

Market Price (10/15/2025): $241.4
Market Cap: $230.8 Bil
Sector: Information Technology
Industry: Application Software

Investment Highlights

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 33%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 32%, CFO LTM is 13 Bil, FCF LTM is 12 Bil		 Weak multi-year price returns
2Y Excs Rtn is -35%, 3Y Excs Rtn is -21%		 
1 Attractive yield
FCF Yield is 5.5%		  
2 Low stock price volatility
Vol 12M is 33%		  
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 33%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 32%, CFO LTM is 13 Bil, FCF LTM is 12 Bil
1 Attractive yield
FCF Yield is 5.5%
2 Low stock price volatility
Vol 12M is 33%
3 Weak multi-year price returns
2Y Excs Rtn is -35%, 3Y Excs Rtn is -21%

Market Valuation & Key Metrics

CRMS&P 500
REVENUE GROWTHFAIR
Rev LTM ($ Bil)39.5
Rev Chg Q9.8%6.1%
Rev Chg LTM8.3%5.2%
Rev Chg 3Y Avg10.5%5.3%
PROFITABILITYGOOD
Op Inc LTM ($ Bil)8.4
Op Mgn LTM21.2%18.6%
CFO LTM ($ Bil)13.2
CFO/Rev LTM33.3%20.3%
Net Inc LTM ($ Bil)6.7
Net Inc Mgn16.9%12.7%
VALUATIONHIGH
P/S5.83.2
P/CFO17.515.7
P/FCF18.520.6
P/E34.623.6
STABILITYVERY GOOD
Debt/Equity0.050.21
Cash/Assets0.160.07

CRM Stock

Factor Drivers of Stock Movement
The -5.6% change in CRM stock from 4/15/2025 to 10/14/2025 was primarily driven by a -12.5% change in the company's P/E Multiple.

415202510142025Change
Stock Price ($)254.08239.77-5.63%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)37895.0039502.004.24%
Net Income Margin (%)16.35%16.87%3.15%
P/E Multiple39.3234.40-12.51%
Shares Outstanding (Mil)959.00956.000.31%
Cumulative Contribution-5.63%

LTM = Last Twelve Months as of date shown
The -17.3% change in CRM stock from 10/14/2024 to 10/14/2025 was primarily driven by a -30.7% change in the company's P/E Multiple.

1014202410142025Change
Stock Price ($)289.89239.77-17.29%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)36465.0039502.008.33%
Net Income Margin (%)15.44%16.87%9.21%
P/E Multiple49.6234.40-30.67%
Shares Outstanding (Mil)964.00956.000.83%
Cumulative Contribution-17.29%

LTM = Last Twelve Months as of date shown
The 70.4% change in CRM stock from 10/15/2022 to 10/14/2025 was primarily driven by a 822.7% change in the company's Net Income Margin (%).

1015202210142025Change
Stock Price ($)140.74239.7770.36%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)29320.0039502.0034.73%
Net Income Margin (%)1.83%16.87%822.68%
P/E Multiple261.7934.40-86.86%
Shares Outstanding (Mil)997.00956.004.11%
Cumulative Contribution70.08%

LTM = Last Twelve Months as of date shown

Price Returns Compared

 202020212022202320242025Total [1]
Returns
CRM Return37%14%-48%98%28%-28%50%
Peers Return33%38%-20%50%18%23%215%
S&P 500 Return16%27%-19%24%23%13%103%

Monthly Win Rates [3]
CRM Win Rate58%58%33%50%67%33% 
Peers Win Rate65%65%33%63%52%51% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
CRM Max Drawdown-24%-8%-50%0%-17%-30% 
Peers Max Drawdown-21%-7%-34%-5%-9%-16% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 

[1] Cumulative total returns since the beginning of 2020
[2] Peers: MSFT, ORCL, IBM, INTU, ADBE. See CRM Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/14/2025 (YTD)

Downturns Compared

Unique KeyEventCRMS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-58.6%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven141.6%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven441 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-35.7%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven55.6%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven112 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-24.8%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven32.9%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven84 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-70.5%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven238.9%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven405 days1480 days


How Low Can It Go?

Salesforce's stock fell -58.6% during the 2022 Inflation Shock from a high on 11/8/2021. A -58.6% loss requires a 141.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Salesforce (CRM)

Salesforce, Inc. provides customer relationship management technology that brings companies and customers together worldwide. Its Customer 360 platform empowers its customers to work together to deliver connected experiences for their customers. The company's service offerings include Sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and relationship intelligence, and deliver quotes, contracts, and invoices; and Service that enables companies to deliver trusted and highly personalized customer service and support at scale. Its service offerings also comprise flexible platform that enables companies of various sizes, locations, and industries to build business apps to bring them closer to their customers with drag-and-drop tools; online learning platform that allows anyone to learn in-demand Salesforce skills; and Slack, a system of engagement. In addition, the company's service offerings include Marketing offering that enables companies to plan, personalize, and optimize one-to-one customer marketing journeys; and Commerce offering, which empowers brands to unify the customer experience across mobile, web, social, and store commerce points. Further, its service offerings comprise Tableau, an end-to-end analytics solution serving various enterprise use cases; and MuleSoft, an integration offering that allows its customers to unlock data across their enterprise. The company provides its service offering for customers in financial services, healthcare and life sciences, manufacturing, and other industries. It also offers professional services; and in-person and online courses to certify its customers and partners on architecting, administering, deploying, and developing its service offerings. The company provides its services through direct sales; and consulting firms, systems integrators, and other partners. Salesforce, Inc. was incorporated in 1999 and is headquartered in San Francisco, California.

Interactive Breakdown

Salesforce Interactive Breakdown Analysis

Better Bets than Salesforce (CRM)

 CRMBetter Performance than CRM
MetricValueIndustry (Application Software)
Rev Chg LTM8.3%ORCL (9.7%), PLTR (38.8%), SAP (10.3%), SHOP (29.0%), INTU (15.6%)
Rev Chg 3Y Avg10.5%PLTR (25.7%), SHOP (26.0%), INTU (14.0%), ADBE (10.5%), CDNS (15.8%)
Op Mgn LTM21.2%ORCL (31.6%), SAP (25.9%), INTU (26.2%), ADBE (36.2%), CDNS (30.7%)
CFO/Rev LTM33.3%ORCL (36.5%), PLTR (50.3%), ADBE (42.2%), CDNS (33.7%), FICO (38.5%)
FCF/Rev LTM31.6%PLTR (49.7%), INTU (32.3%), ADBE (41.4%), FICO (36.8%), PTC (34.8%)
Total Yield3.4%ADBE (4.9%), MSTR (5.8%), ZM (5.0%), SSNC (5.2%), OTEX (7.0%)
 CRMBetter Performance than CRM
MetricValueAll Other Sectors
Rev Chg LTM8.3%GOOGL (13.1%), AMZN (10.9%), META (19.4%), LLY (36.8%), V (11.4%)
Rev Chg 3Y Avg10.5%AMZN (11.3%), META (13.0%), TSLA (12.9%), JPM (13.5%), LLY (23.4%)
Op Mgn LTM21.2%GOOGL (32.7%), META (42.9%), LLY (43.0%), V (66.5%), MA (58.0%)
CFO/Rev LTM33.3%GOOGL (36.0%), META (56.4%), V (60.4%), MA (53.3%), MCD (37.6%)
FCF/Rev LTM31.6%V (56.8%), MA (49.2%), RY (131.7%), APP (53.7%), BKNG (36.9%)
Total Yield3.4%GOOGL (4.2%), META (4.0%), JPM (6.7%), V (3.7%), XOM (9.9%)

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1Salesforce Earnings Notes  
2CRM Is Producing Cash, What Is Holding You Back?Actionable 
3CRM Testing Price Floor: Time to Load Up?Actionable 
4How Does CRM Stack Up Against Its Peers?  
5Will You Be Comfortable Buying Salesforce Stock?Return 
6Better Bet Than CRM Stock: Pay Less Than Salesforce To Get More From POWL   
7Why Salesforce Stock Moved: CRM Stock Has Gained 84% Since 2022 Fiscal End, Primarily Due To Favorable Change In Revenues  
8[7/18/2025] Better Bet Than CRM Stock: Pay Less Than Salesforce To Get More From IDCC, YOU Actionable 
9CRM Dip Buy Analysis  
10Better Bet Than CRM Stock: Pay Less Than Salesforce To Get More From S&P 500 Stock RCL Actionable 
11ARTICLES  
12If You Like Cash Flow Machines Take A Look At CRM October 7th, 2025
13CRM Pulls Back to Support. Smart Time to Enter? September 30th, 2025
14Better Bet Than Synopsys Stock: Pay Less To Get More From ORCL, CRM September 30th, 2025
15If You Like Cash Flow Machines Take A Look At CRM September 27th, 2025
16Will You Be Comfortable Buying Salesforce Stock? September 5th, 2025
Title
0DASHBOARDS
1If You Like Cash Flow Machines Take A Look At CRM
2CRM Pulls Back to Support. Smart Time to Enter?
3Better Bet Than Synopsys Stock: Pay Less To Get More From ORCL, CRM
4If You Like Cash Flow Machines Take A Look At CRM
5Will You Be Comfortable Buying Salesforce Stock?
6ARTICLES
7Salesforce Earnings Notes
8CRM Is Producing Cash, What Is Holding You Back?
9CRM Testing Price Floor: Time to Load Up?
10How Does CRM Stack Up Against Its Peers?
11Will You Be Comfortable Buying Salesforce Stock?
12Better Bet Than CRM Stock: Pay Less Than Salesforce To Get More From POWL 
13Why Salesforce Stock Moved: CRM Stock Has Gained 84% Since 2022 Fiscal End, Primarily Due To Favorable Change In Revenues
14[7/18/2025] Better Bet Than CRM Stock: Pay Less Than Salesforce To Get More From IDCC, YOU 
15CRM Dip Buy Analysis
16Better Bet Than CRM Stock: Pay Less Than Salesforce To Get More From S&P 500 Stock RCL 

Trade Ideas

Select past trade ideas related to CRM and Application Software.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ADBE_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025ADBEAdobeMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-4.8%-4.8%-4.8%
CRM_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		1.2%1.2%-0.6%
MPWR_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025MPWRMonolithic Power SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		5.2%5.2%-1.8%
POWI_9262025_Dip_Buyer_High_CFO_Margins_ExInd_DE09262025POWIPower IntegrationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap		17.5%17.5%-13.4%
ROP_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025ROPRoper TechnologiesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		3.1%3.1%-0.3%
CRM_10312022_Monopoly_xInd_xCD_Getting_Cheaper10312022CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		21.6%23.5%-21.1%
CRM_4302022_Monopoly_xInd_xCD_Getting_Cheaper04302022CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-7.3%12.7%-27.1%
CRM_9302019_Monopoly_xInd_xCD_Getting_Cheaper09302019CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		0.9%66.7%-16.3%
CRM_12312016_Monopoly_xInd_xCD_Getting_Cheaper12312016CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		26.5%49.3%0.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ADBE_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025ADBEAdobeMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-4.8%-4.8%-4.8%
CRM_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		1.2%1.2%-0.6%
MPWR_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025MPWRMonolithic Power SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		5.2%5.2%-1.8%
POWI_9262025_Dip_Buyer_High_CFO_Margins_ExInd_DE09262025POWIPower IntegrationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap		17.5%17.5%-13.4%
ROP_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025ROPRoper TechnologiesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		3.1%3.1%-0.3%
CRM_10312022_Monopoly_xInd_xCD_Getting_Cheaper10312022CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		21.6%23.5%-21.1%
CRM_4302022_Monopoly_xInd_xCD_Getting_Cheaper04302022CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-7.3%12.7%-27.1%
CRM_9302019_Monopoly_xInd_xCD_Getting_Cheaper09302019CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		0.9%66.7%-16.3%
CRM_12312016_Monopoly_xInd_xCD_Getting_Cheaper12312016CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		26.5%49.3%0.0%

See Trefis Trade Ideas for more.

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1UAMYUnited States Antimony100.8%887.0%
2BITFBitfarms69.7%295.3%
3NVTSNavitas Semiconductor61.6%252.1%
4ASPIASP Isotopes58.0%210.2%
5UUUUEnergy Fuels49.1%411.3%
6GLUEMonte Rosa Therapeutics43.8%52.9%
7SSIISS Innovations International34.1%15.2%
8METCRamaco Resources34.0%439.5%
9MPMP Materials33.7%532.4%
10ORKAOruka Therapeutics33.6%41.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1BNTBrookfield Wealth Solutions-33.2%18.5%
2BNBrookfield-33.0%18.9%
3VGVenture Global-30.2% 
4ALABAstera Labs-23.8%22.0%
5HELEHelen Of Troy-23.3%-65.4%
6CORTCorcept Therapeutics-20.2%43.1%
7USNAUsana Health Sciences-19.4%-40.9%
8SRRKScholar Rock-19.2%-26.2%
9TASKTaskUs-18.8%-18.1%
10BBBYBed Bath & Beyond-18.1% 

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1WOLFWolfspeed1000.7%389.2%
2QUREuniQure297.4%233.9%
3UAMYUnited States Antimony244.6%887.0%
4LACLithium Americas214.1%238.4%
5RGTIRigetti Computing192.1%267.8%
6USARUSA Rare Earth173.3%125889.9%
7PLUGPlug Power158.0%90.1%
8FLNCFluence Energy149.7%16.2%
9CLPTClearPoint Neuro148.6%69.2%
10SESSES AI140.2%44.7%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1ANGXAngel Studios-53.8% 
2REXREX American Resources-46.2%57.7%
3VGVenture Global-34.0% 
4LDIloanDepot-33.8%46.6%
5FLYFirefly Aerospace-31.4% 
6ALABAstera Labs-30.2%22.0%
7FWRDForward Air-29.4%-34.3%
8USNAUsana Health Sciences-29.1%-40.9%
9IDTIDT-28.9%-0.4%
10PGYPagaya Technologies-28.8%221.4%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1UAMYUnited States Antimony100.8%887.0%
2BITFBitfarms69.7%295.3%
3NVTSNavitas Semiconductor61.6%252.1%
4ASPIASP Isotopes58.0%210.2%
5UUUUEnergy Fuels49.1%411.3%
6GLUEMonte Rosa Therapeutics43.8%52.9%
7SSIISS Innovations International34.1%15.2%
8METCRamaco Resources34.0%439.5%
9MPMP Materials33.7%532.4%
10ORKAOruka Therapeutics33.6%41.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1BNTBrookfield Wealth Solutions-33.2%18.5%
2BNBrookfield-33.0%18.9%
3VGVenture Global-30.2% 
4ALABAstera Labs-23.8%22.0%
5HELEHelen Of Troy-23.3%-65.4%
6CORTCorcept Therapeutics-20.2%43.1%
7USNAUsana Health Sciences-19.4%-40.9%
8SRRKScholar Rock-19.2%-26.2%
9TASKTaskUs-18.8%-18.1%
10BBBYBed Bath & Beyond-18.1% 

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Salesforce

Financials

CRMMSFTORCLIBMINTUADBEMedian
NameSalesfor.MicrosoftOracle Internat.Intuit Adobe  
Mkt Price239.77513.57299.00276.15657.16335.94317.47
Mkt Cap229.23,815.8845.0257.0184.0142.1243.1
Rev LTM39,502281,72459,01864,03818,83123,18149,260
Op Inc LTM8,381128,52818,66710,9294,9428,4029,666
FCF LTM12,49771,611-5,88011,6466,0839,59910,622
FCF 3Y Avg10,50668,3864,94911,3465,1687,9259,216
CFO LTM13,169136,16221,53413,2826,2079,79213,226
CFO 3Y Avg11,214114,09719,46813,1045,3798,18512,159

Growth & Margins

CRMMSFTORCLIBMINTUADBEMedian
NameSalesfor.MicrosoftOracle Internat.Intuit Adobe  
Rev Chg LTM8.3%14.9%9.7%2.7%15.6%10.7%10.2%
Rev Chg 3Y Avg10.5%12.5%10.2%2.4%14.0%10.5%10.5%
Rev Chg Q9.8%18.1%12.2%7.7%20.3%10.7%11.4%
QoQ Delta Rev Chg LTM2.4%4.3%2.8%1.9%3.6%2.6%2.7%
Op Mgn LTM21.2%45.6%31.6%17.1%26.2%36.2%28.9%
Op Mgn 3Y Avg17.8%44.0%30.3%15.9%23.9%35.4%27.1%
QoQ Delta Op Mgn LTM0.7%0.4%0.2%0.7%0.5%-0.1%0.5%
CFO/Rev LTM33.3%48.3%36.5%20.7%33.0%42.2%34.9%
CFO/Rev 3Y Avg30.6%46.0%35.6%21.0%32.7%39.0%34.2%
FCF/Rev LTM31.6%25.4%-10.0%18.2%32.3%41.4%28.5%
FCF/Rev 3Y Avg28.6%27.9%9.8%18.2%31.4%37.7%28.3%

Valuation

CRMMSFTORCLIBMINTUADBEMedian
NameSalesfor.MicrosoftOracle Internat.Intuit Adobe  
Mkt Cap229.23,815.8845.0257.0184.0142.1243.1
P/S5.813.514.34.09.86.18.0
P/EBIT27.330.346.731.836.216.331.1
P/E34.437.567.944.147.620.440.8
P/CFO17.428.039.219.429.614.523.7
Total Yield3.4%3.3%2.1%4.7%2.7%4.9%3.4%
Dividend Yield0.5%0.6%0.6%2.4%0.6%0.0%0.6%
FCF Yield 3Y Avg4.4%2.2%1.6%6.8%3.0%4.0%3.5%
D/E0.00.00.10.30.00.00.0
Net D/E-0.0-0.00.10.20.00.00.0

Returns

CRMMSFTORCLIBMINTUADBEMedian
NameSalesfor.MicrosoftOracle Internat.Intuit Adobe  
1M Rtn-1.2%0.7%2.5%9.0%1.9%-3.8%1.3%
3M Rtn-6.8%1.7%27.5%-1.7%-11.7%-7.8%-4.2%
6M Rtn-5.6%33.6%124.1%16.3%11.0%-4.1%13.6%
12M Rtn-17.3%23.4%71.5%20.7%7.2%-34.1%13.9%
3Y Rtn70.4%130.3%382.5%158.3%76.3%16.7%103.3%
1M Excs Rtn-1.6%-0.8%-1.3%7.3%0.6%-3.7%-1.0%
3M Excs Rtn-13.0%-4.3%18.1%-7.5%-18.4%-13.2%-10.2%
6M Excs Rtn-28.4%10.0%100.0%-5.8%-11.8%-27.2%-8.8%
12M Excs Rtn-31.8%9.5%57.2%6.9%-8.1%-48.2%-0.6%
3Y Excs Rtn-21.3%42.2%310.3%78.4%-12.0%-66.2%15.1%

Comparison Analyses

Title
0Salesforce vs. Intuit: With Return Forecast Of 38%, Intuit Is A Better Bet
1Salesforce vs. International Business Machines: With Return Forecast Of 29%, Salesforce Is A Better Bet
2Salesforce vs. Adobe: With Return Forecast Of 38%, Adobe Is A Better Bet
3Salesforce vs. Microsoft: With Return Forecast Of 29%-30%, Both Seem Like Good Bets
4Salesforce vs. Oracle: With Return Forecast Of 29%, Salesforce Is A Better Bet
5Salesforce vs. Abbott Laboratories: With Return Forecast Of 27%, Salesforce Is A Better Bet
6Salesforce vs. Tesla: With Return Forecast Of 27%, Salesforce Is A Better Bet
7Salesforce vs. GE Aerospace: With Return Forecast Of 27%, Salesforce Is A Better Bet
8Salesforce vs. Philip Morris International: With Return Forecast Of 29%, Salesforce Is A Better Bet
9Salesforce vs. Qualcomm: With Return Forecast Of 24%-29%, Both Seem Like Good Bets

Financials

$ Mil | FY: 1/312026Q22026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q3
Period End7/31/20254/30/20251/31/202510/31/20247/31/20244/30/20241/31/202410/31/20237/31/20234/30/20231/31/202310/31/2022
Filing Date9/4/20255/29/20253/5/202512/4/20248/29/20245/30/20243/6/202411/30/20238/31/20236/1/20233/8/202312/1/2022
Key Financials Quarterly            
Total Revenue10,2369,8299,9939,4449,3259,1339,2878,7208,6038,2478,3847,837
Ebitda3,1532,8212,9952,7632,7892,5962,7482,4182,4152,3772,2171,401
Operating Income2,3361,9782,1181,9491,8821,7171,7951,5561,5251,1231,185460
Net Income1,8871,5411,7081,5271,4291,5331,4461,2241,267199-98210
EPS1.971.611.781.601.481.581.491.261.300.20-0.100.21
Key Financials TTM            
Total Revenue TTM39,50238,59137,89537,18936,46535,74334,85733,95433,07132,18831,35230,294
Ebitda TTM11,73211,36811,14310,89610,55110,1779,9589,4278,4107,0955,6444,182
Operating Income TTM8,3817,9277,6667,3436,9506,5935,9995,3894,2932,9611,858497
Net Income TTM6,6636,2056,1975,9355,6325,4704,1362,5921,578379208278
Growth Rates Quarterly            
Total Revenue Growth9.8%7.6%7.6%8.3%8.4%10.7%10.8%11.3%11.4%11.3%14.4%14.2%
EBITDA Growth13.1%8.7%9.0%14.3%15.5%9.2%24.0%72.6%119.5%156.7%193.6%40.0%
Operating Income Growth24.1%15.2%18.0%25.3%23.4%52.9%51.5%238.3%690.2%5515.0%773.3%1110.5%
Net Income Growth32.1%0.5%18.1%24.8%12.8%670.4%1575.5%482.9%1763.2%610.7%-250.0%-55.1%
Margins Quarterly            
EBITDA Margin30.8%28.7%30.0%29.3%29.9%28.4%29.6%27.7%28.1%28.8%26.4%17.9%
Operating Income Margin22.8%20.1%21.2%20.6%20.2%18.8%19.3%17.8%17.7%13.6%14.1%5.9%
Net Income Margin18.4%15.7%17.1%16.2%15.3%16.8%15.6%14.0%14.7%2.4%-1.2%2.7%
Cash & Debt            
Total Cash15,37217,40814,03212,75712,63617,67014,19411,86312,39713,97712,50811,918
Total Debt11,23711,36911,39211,42411,39312,51612,58812,71212,80013,07314,08813,998
Net Debt / (Cash)-4,135-6,039-2,640-1,333-1,243-5,154-1,606849403-9041,5802,080
Cash Flows Quarterly            
FCF from Operations7406,4763,9701,9838926,2473,4031,5328084,4912,788313
Cash Flows TTM            
FCF from Operations TTM13,16913,32113,09212,52512,07411,99010,2349,6198,4007,9267,1116,305
Returns to Shareholders Quarterly            
Dividends399402383382384388000000
Share Repurchases2,2252,633761,2854,3352,1331,6921,9251,9492,0542,3231,677
Return on Invested Capital (ROIC) Quarterly            
ROIC53.1%41.4%32.1%30.0%24.1%20.3%18.2%13.3%12.5%6.4%9.8%1.6%
Return on Invested Capital (ROIC) TTM            
ROIC TTM49.9%43.7%28.2%27.0%23.6%20.0%14.5%10.8%7.0%2.6%1.2%0.6%

Segment Financials

Revenue by Segment

$ Mil20252024202320222021
Service8,2457,3696,4745,3774,466
Sales7,5806,8315,9895,1914,598
Platform and Other6,6115,9674,5093,3244,473
Integration and Analytics5,1894,3383,7832,951 
Marketing and Commerce4,9124,5163,9023,1332,506
Professional services and other2,3202,3311,8351,2761,055
Total34,85731,35226,49221,25217,098


Price Behavior

CRM Betas & Captures as of 9/30/2025

 1M2M3M6M1Y3Y
Beta0.240.620.750.981.051.21
Up Beta-1.240.160.320.980.911.16
Down Beta2.321.471.621.041.051.23
Up Capture-63%9%9%58%99%181%
Bmk +ve Days13233574144420
Stock +ve Days11223367128396
Down Capture140%125%150%117%120%105%
Bmk -ve Days8192952107330
Stock -ve Days10203159123355

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date9302025
Short Interest: Shares Quantity17,850,737
Short Interest: % Change Since 915202536.8%
Average Daily Volume8,387,044
Days-to-Cover Short Interest2.13
Basic Shares Quantity956,000,000
Short % of Basic Shares1.9%

Returns Analyses

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/3/2025-4.9%-5.2%-6.7%
5/28/2025-3.3%-4.7%-0.8%
2/26/2025-4.0%-5.0%-9.6%
12/3/202411.0%5.2%0.6%
8/28/2024-0.7%-4.9%7.0%
5/29/2024-19.7%-12.9%-5.3%
2/28/20243.0%1.3%0.6%
11/29/20239.4%8.2%14.2%
...
SUMMARY STATS   
# Positive10912
# Negative141512
Median Positive7.4%5.2%5.0%
Median Negative-4.4%-6.3%-8.7%
Max Positive26.0%30.2%17.5%
Max Negative-19.7%-18.6%-18.9%

SEC Filings

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Report DateFiling DateFiling
7312025904202510-Q 7/31/2025
4302025529202510-Q 4/30/2025
1312025305202510-K 1/31/2025
103120241204202410-Q 10/31/2024
7312024829202410-Q 7/31/2024
4302024530202410-Q 4/30/2024
1312024306202410-K 1/31/2024
103120231130202310-Q 10/31/2023
7312023831202310-Q 7/31/2023
4302023601202310-Q 4/30/2023
1312023308202310-K 1/31/2023
103120221201202210-Q 10/31/2022
7312022825202210-Q 7/31/2022
4302022601202210-Q 4/30/2022
1312022311202210-K 1/31/2022
103120211202202110-Q 10/31/2021

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value		Value of
Held Shares		Form
0Kirk David Blair 9102025Buy254.663,400865,827973,801Form
1Niles SabastianPresident and CLO5282025Sell272.75547149,194531,317Form
2Reddy Sundeep G.EVP & Chief Accounting Officer5052025Sell275.00500137,5003,220,525Form
3SCHMAIER R DAVIDChief Product & Impact Officer4172025Sell253.316,9591,762,7699,141,879Form
4Harris ParkerCo-Founder and CTO, Slack4172025Sell253.319,7422,467,72534,147,665Form

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