Tearsheet

Salesforce (CRM)

Market Price (9/14/2025): $242.91 | Market Cap: $232.2 Bil
Sector: Information Technology | Industry: Application Software

Salesforce (CRM)

Market Price (9/14/2025): $242.91
Market Cap: $232.2 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 -39%, 3Y Excs Rtn is -5.7%
1	Attractive yield FCF Yield is 5.4%
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 5.4%
2	Low stock price volatility Vol 12M is 33%
3	Weak multi-year price returns 2Y Excs Rtn is -39%, 3Y Excs Rtn is -5.7%

Market Valuation

	9/14/25	2024	2023	2022
Share Price CYE	$242.91	$333.28	$260.85	$131.44
Market Cap CYE ($ Bil)	232.2	318.6	253.6	131.0
Total Debt ($ Bil)	11.2	11.4	12.6	14.1
Total Cash ($ Bil)	15.4	14.0	14.2	12.5
Enterprise Value ($ Bil)	228.1	330.0	266.2	145.1
Valuation Ratios
P/S TTM	5.9	8.5	7.3	4.2
P/EBIT TTM	27.7	42.0	42.7	70.8
P/E TTM	34.9	51.9	62.0	632.4
Sector Ratios
P/S TTM (Sector)	3.2	3.1	2.8	2.5
P/EBIT TTM (Sector)	4.0	-0.0	-0.1	-0.5
P/E TTM (Sector)	-0.4	-0.3	-0.4	-0.5

	9/14/25	2024
Share Price CYE	$242.91	$333.28
Market Cap CYE ($ Bil)	232.2	318.6
Total Debt ($ Bil)	11.2	11.4
Total Cash ($ Bil)	15.4	14.0
Enterprise Value ($ Bil)	228.1	330.0
Valuation Ratios
P/S TTM	5.9	8.5
P/EBIT TTM	27.7	42.0
P/E TTM	34.9	51.9
Sector Ratios
P/S TTM (Sector)	3.2	3.1
P/EBIT TTM (Sector)	4.0	-0.0
P/E TTM (Sector)	-0.4	-0.3

Stock Price
Market Cap

Stock Price Chart

Return (1Y):

Market Cap Chart

Business Description

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. Show more 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. Show less

Price Returns Compared

Expand for Detailed View

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
CRM Return	37%	14%	-48%	98%	28%	-27%	51%
Peers Return	33%	38%	-20%	50%	18%	20%	207%
S&P 500 Return	16%	27%	-19%	24%	23%	12%	104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: MSFT, ORCL, IBM, INTU, ADBE. See CRM Returns vs. Peers.
[3] 2025 data is for the year up to 9/12/2025 (YTD)

Interactive Breakdown

Salesforce Interactive Breakdown Analysis

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Salesforce Earnings Notes
2	How Does CRM Stack Up Against Its Peers?
3	Will You Be Comfortable Buying Salesforce Stock?	Return
4	This Is the Kind of Cash Yield You Usually Look For, So Why Not CRM?	Actionable
5	CRM Testing Price Floor: Time to Load Up?	Actionable
6	Better Bet Than CRM Stock: Pay Less Than Salesforce To Get More From POWL
7	Why Salesforce Stock Moved: CRM Stock Has Gained 85% 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
9	CRM Dip Buy Analysis
10	Better Bet Than CRM Stock: Pay Less Than Salesforce To Get More From S&P 500 Stock RCL	Actionable
11	ARTICLES
12	Will You Be Comfortable Buying Salesforce Stock?		September 5th, 2025
13	How Does CRM Stack Up Against Its Peers?		September 5th, 2025
14	S&P 500 Movers \| Winners: TROW, WSM, WDC \| Losers: EL, CRM, NI		September 4th, 2025
15	Salesforce.com’s Strong Fundamentals Are Clouded By Growth Concerns		September 4th, 2025
16	CRM Is Producing Cash, What Is Holding You Back?		September 4th, 2025

	Title
0	DASHBOARDS
1	Will You Be Comfortable Buying Salesforce Stock?
2	How Does CRM Stack Up Against Its Peers?
3	S&P 500 Movers \| Winners: TROW, WSM, WDC \| Losers: EL, CRM, NI
4	Salesforce.com’s Strong Fundamentals Are Clouded By Growth Concerns
5	CRM Is Producing Cash, What Is Holding You Back?
6	ARTICLES
7	Salesforce Earnings Notes
8	How Does CRM Stack Up Against Its Peers?
9	Will You Be Comfortable Buying Salesforce Stock?
10	This Is the Kind of Cash Yield You Usually Look For, So Why Not CRM?
11	CRM Testing Price Floor: Time to Load Up?
12	Better Bet Than CRM Stock: Pay Less Than Salesforce To Get More From POWL
13	Why Salesforce Stock Moved: CRM Stock Has Gained 85% 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
15	CRM Dip Buy Analysis
16	Better Bet Than CRM Stock: Pay Less Than Salesforce To Get More From S&P 500 Stock RCL

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	GCTK	GlucoTrack	117.5%	-97.6%
2	OPI	Office Properties Income Trust	78.6%	-42.6%
3	HCWB	HCW Biologics	68.4%	-68.7%
4	AGAE	Allied Gaming & Entertainment	62.4%	86.8%
5	ATCH	AtlasClear	53.4%	-95.9%
6	SONN	Sonnet BioTherapeutics	49.0%	304.1%
7	EVTV	Envirotech Vehicles	48.4%	-66.3%
8	ISPC	iSpecimen	47.7%	-26.6%
9	ENTO	Entero Therapeutics	37.0%	68.8%
10	IBEX	IBEX	36.5%	93.5%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	NXTT	Next Technology	-57.4%	-93.8%
2	VCIG	VCI Global	-42.8%	-98.7%
3	RENT	Rent the Runway	-36.4%	-40.9%
4	NUAI	New Era Energy & Digital	-30.5%
5	AEI	Alset	-29.6%	156.9%
6	NAKA	Kindly MD	-29.5%
7	XTIA	XTI Aerospace	-24.6%	-85.8%
8	FARM	Farmer Bros	-21.5%	1.7%
9	FEIM	Frequency Electronics	-21.0%	46.5%
10	MSS	Maison Solutions	-20.4%	-27.6%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	OCTO	Eightco	900.0%	562.1%
2	QMMM	QMMM	875.3%	5698.4%
3	WLDS	Wearable Devices	780.4%	8.0%
4	CWD	CaliberCos	268.8%	-45.1%
5	AIRE	ReAlpha Tech	257.5%	-49.8%
6	PTNM	Pitanium	154.0%
7	OPI	Office Properties Income Trust	144.0%	-42.6%
8	HYPD	Hyperion DeFi	144.0%
9	ISPC	iSpecimen	128.4%	-26.6%
10	EDHL	Everbright Digital	127.6%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	DGNX	Diginex	-85.6%
2	LGCL	Lucas GC	-69.1%	-76.6%
3	YYGH	YY	-68.7%	-76.6%
4	BINI	Bollinger Innovations	-61.6%	-100.0%
5	IPDN	Professional Diversity Network	-54.5%	-41.4%
6	INHD	Inno	-53.4%	-4.4%
7	CDT	CDT Equity	-49.2%	-99.4%
8	NFE	New Fortress Energy	-46.5%	-91.3%
9	TGHL	Growhub	-44.8%
10	SLXN	Silexion Therapeutics	-43.1%	-86.5%

1 Month Top Gainers

#	Ticker	Company	1M Rtn	YTD Rtn
1	PMI	Picard Medical	11249.2%	11249.2%
2	GIBO	GIBO	7400.0%
3	LNZA	LanzaTech Global	4710.5%	-85.8%
4	CHSN	Chanson International	3717.0%	-99.3%
5	QMMM	QMMM	2669.4%	5698.4%
6	VTAK	Catheter Precision	1332.7%	-71.4%
7	CURX	Curanex Pharmaceuticals	1309.0%	1309.0%
8	OCTO	Eightco	811.9%	562.1%
9	WLDS	Wearable Devices	708.6%	8.0%
10	PTNM	Pitanium	423.7%

1 Month Top Losers

#	Ticker	Company	1M Rtn	YTD Rtn
1	BINI	Bollinger Innovations	-93.4%	-100.0%
2	ETS	Elite Express	-92.8%	-92.8%
3	CJET	Chijet Motor	-92.7%	-94.6%
4	ELPW	Elong Power	-91.7%	-75.8%
5	STFS	Star Fashion Culture	-91.4%	-97.8%
6	JEM	707 Cayman	-90.4%	-98.0%
7	FLYE	Fly-E	-90.4%	-82.8%
8	NXTT	Next Technology	-89.3%	-93.8%
9	NUTR	NusaTrip	-87.2%	-87.2%
10	CUPR	Cuprina	-84.3%

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	GCTK	GlucoTrack	117.5%	-97.6%
2	OPI	Office Properties Income Trust	78.6%	-42.6%
3	HCWB	HCW Biologics	68.4%	-68.7%
4	AGAE	Allied Gaming & Entertainment	62.4%	86.8%
5	ATCH	AtlasClear	53.4%	-95.9%
6	SONN	Sonnet BioTherapeutics	49.0%	304.1%
7	EVTV	Envirotech Vehicles	48.4%	-66.3%
8	ISPC	iSpecimen	47.7%	-26.6%
9	ENTO	Entero Therapeutics	37.0%	68.8%
10	IBEX	IBEX	36.5%	93.5%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	NXTT	Next Technology	-57.4%	-93.8%
2	VCIG	VCI Global	-42.8%	-98.7%
3	RENT	Rent the Runway	-36.4%	-40.9%
4	NUAI	New Era Energy & Digital	-30.5%
5	AEI	Alset	-29.6%	156.9%
6	NAKA	Kindly MD	-29.5%
7	XTIA	XTI Aerospace	-24.6%	-85.8%
8	FARM	Farmer Bros	-21.5%	1.7%
9	FEIM	Frequency Electronics	-21.0%	46.5%
10	MSS	Maison Solutions	-20.4%	-27.6%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	OCTO	Eightco	900.0%	562.1%
2	QMMM	QMMM	875.3%	5698.4%
3	WLDS	Wearable Devices	780.4%	8.0%
4	CWD	CaliberCos	268.8%	-45.1%
5	AIRE	ReAlpha Tech	257.5%	-49.8%
6	PTNM	Pitanium	154.0%
7	OPI	Office Properties Income Trust	144.0%	-42.6%
8	HYPD	Hyperion DeFi	144.0%
9	ISPC	iSpecimen	128.4%	-26.6%
10	EDHL	Everbright Digital	127.6%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	DGNX	Diginex	-85.6%
2	LGCL	Lucas GC	-69.1%	-76.6%
3	YYGH	YY	-68.7%	-76.6%
4	BINI	Bollinger Innovations	-61.6%	-100.0%
5	IPDN	Professional Diversity Network	-54.5%	-41.4%
6	INHD	Inno	-53.4%	-4.4%
7	CDT	CDT Equity	-49.2%	-99.4%
8	NFE	New Fortress Energy	-46.5%	-91.3%
9	TGHL	Growhub	-44.8%
10	SLXN	Silexion Therapeutics	-43.1%	-86.5%

Peer Comparisons for Salesforce

Financials

	CRM	MSFT	ORCL	IBM	INTU	ADBE	Median
Name	Salesfor.	Microsoft	Oracle	Internat.	Intuit	Adobe
Mkt Price	242.91	509.88	291.46	253.73	646.44	348.58	320.02
Mkt Cap	232.2	3,788.4	818.1	236.2	181.0	149.2	234.2
Rev LTM	39,502	281,724	57,399	64,038	18,831	22,601	48,450
Op Inc LTM	8,381	128,528	18,052	10,929	4,942	8,221	9,655
FCF LTM	12,497	71,611	-394	11,646	6,083	9,437	10,542
FCF 3Y Avg	10,506	68,386	6,628	11,346	5,168	7,743	9,124
CFO LTM	13,169	136,162	20,821	13,282	6,207	9,615	13,226
CFO 3Y Avg	11,214	114,097	18,886	13,104	5,379	8,020	12,159

Growth & Margins

	CRM	MSFT	ORCL	IBM	INTU	ADBE	Median
Name	Salesfor.	Microsoft	Oracle	Internat.	Intuit	Adobe
Rev Chg LTM	8.3%	14.9%	8.4%	2.7%	15.6%	10.6%	9.5%
Rev Chg 3Y Avg	10.5%	12.5%	10.7%	2.4%	14.0%	10.6%	10.7%
Rev Chg Q	9.8%	18.1%	11.3%	7.7%	20.3%	10.6%	11.0%
QoQ Delta Rev Chg LTM	2.4%	4.3%	2.9%	1.9%	3.6%	2.6%	2.7%
Op Mgn LTM	21.2%	45.6%	31.5%	17.1%	26.2%	36.4%	28.8%
Op Mgn 3Y Avg	17.8%	44.0%	29.8%	15.9%	23.9%	35.1%	26.8%
QoQ Delta Op Mgn LTM	0.7%	0.4%	-0.4%	0.7%	0.5%	0.1%	0.5%
CFO/Rev LTM	33.3%	48.3%	36.3%	20.7%	33.0%	42.5%	34.8%
CFO/Rev 3Y Avg	30.6%	46.0%	35.3%	21.0%	32.7%	39.1%	34.0%
FCF/Rev LTM	31.6%	25.4%	-0.7%	18.2%	32.3%	41.8%	28.5%
FCF/Rev 3Y Avg	28.6%	27.9%	12.9%	18.2%	31.4%	37.7%	28.3%

Valuation

	CRM	MSFT	ORCL	IBM	INTU	ADBE	Median
Name	Salesfor.	Microsoft	Oracle	Internat.	Intuit	Adobe
Mkt Cap	232.2	3,788.4	818.1	236.2	181.0	149.2	234.2
P/S	5.9	13.4	14.3	3.7	9.6	6.6	8.1
P/EBIT	27.7	30.1	46.1	29.2	35.6	17.5	29.7
P/E	34.9	37.2	65.8	40.5	46.8	21.7	38.8
P/CFO	17.6	27.8	39.3	17.8	29.2	15.5	22.8
Total Yield	3.4%	3.3%	2.1%	5.1%	2.8%	4.6%	3.3%
Dividend Yield	0.5%	0.6%	0.6%	2.6%	0.7%	0.0%	0.6%
FCF Yield 3Y Avg	4.4%	2.2%	1.9%	6.8%	3.0%	3.9%	3.4%
D/E	0.0	0.0	0.1	0.3	0.0	0.0	0.0
Net D/E	-0.0	-0.0	0.1	0.2	0.0	0.0	0.0

Returns

	CRM	MSFT	ORCL	IBM	INTU	ADBE	Median
Name	Salesfor.	Microsoft	Oracle	Internat.	Intuit	Adobe
1M Rtn	0.1%	-2.0%	17.7%	5.7%	-9.9%	-1.5%	-0.7%
3M Rtn	-6.1%	7.5%	36.0%	-8.0%	-14.2%	-10.8%	-7.0%
6M Rtn	-12.8%	31.7%	96.9%	3.4%	8.2%	-11.5%	5.8%
12M Rtn	-4.1%	19.3%	82.2%	21.3%	-0.8%	-34.9%	9.3%
3Y Rtn	58.2%	113.0%	333.2%	126.8%	56.1%	13.0%	85.6%
1M Excs Rtn	0.6%	-3.7%	17.8%	3.7%	-11.0%	-2.3%	-0.9%
3M Excs Rtn	-18.0%	-2.3%	37.6%	-18.1%	-24.5%	-24.5%	-18.0%
6M Excs Rtn	-29.6%	15.8%	79.8%	-14.8%	-7.8%	-26.8%	-11.3%
12M Excs Rtn	-20.6%	4.2%	69.6%	7.1%	-17.2%	-59.0%	-6.5%
3Y Excs Rtn	-5.7%	37.0%	243.0%	57.4%	-14.0%	-73.4%	15.7%

Comparison Analyses

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

Financials

Annual
Quarterly

$ Mil \| FY: 1/31	LTM	2025	2024	2023	2022	2021	2020
Period End		1/31/2025	1/31/2024	1/31/2023	1/31/2022	1/31/2021	1/31/2020
Filing Date		3/5/2025	3/6/2024	3/8/2023	3/11/2022	3/17/2021	3/5/2020
Key Financials
Total Revenue	39,502	37,895	34,857	31,352	26,492	21,252	17,098
Ebitda	11,732	11,143	9,958	5,644	3,846	3,301	2,598
Operating Income	8,381	7,666	5,999	1,858	548	455	463
Net Income	6,663	6,197	4,136	208	1,444	4,072	126
EPS	6.96	6.44	4.25	0.21	1.51	4.48	0.15
Growth Rates
Total Revenue Growth	8.3%	8.7%	11.2%	18.3%	24.7%	24.3%	28.7%
EBITDA Growth	11.2%	11.9%	76.4%	46.7%	16.5%	27.1%	71.3%
Operating Income Growth	20.6%	27.8%	222.9%	239.1%	20.4%	-1.7%	-13.5%
Net Income Growth	18.3%	49.8%	1888.5%	-85.6%	-64.5%	3131.7%	-88.6%
Margins
EBITDA Margin	29.7%	29.4%	28.6%	18.0%	14.5%	15.5%	15.2%
Operating Income Margin	21.2%	20.2%	17.2%	5.9%	2.1%	2.1%	2.7%
Net Income Margin	16.9%	16.4%	11.9%	0.7%	5.5%	19.2%	0.7%
Cash & Debt
Total Cash	15,372	14,032	14,194	12,508	10,537	11,966	7,947
Total Debt	11,237	11,392	12,588	14,088	13,985	6,281	5,868
Net Debt / (Cash)	-4,135	-2,640	-1,606	1,580	3,448	-5,685	-2,079
Cash Flows
Net Cash from Operations	13,169	13,092	10,234	7,111	6,000	4,801	4,331
Free Cash from Operations	12,497	12,434	9,498	6,313	5,283	4,091	3,688
Returns to Shareholders
Dividends	1,566	1,537	-0	-0	-0	-0	-0
Share Repurchases	6,219	7,829	7,620	4,000	-0	-0	-0

$ Mil \| FY: 1/31	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3
Period End	7/31/2025	4/30/2025	1/31/2025	10/31/2024	7/31/2024	4/30/2024	1/31/2024	10/31/2023	7/31/2023	4/30/2023	1/31/2023	10/31/2022
Filing Date	9/4/2025	5/29/2025	3/5/2025	12/4/2024	8/29/2024	5/30/2024	3/6/2024	11/30/2023	8/31/2023	6/1/2023	3/8/2023	12/1/2022
Key Financials Quarterly
Total Revenue	10,236	9,829	9,993	9,444	9,325	9,133	9,287	8,720	8,603	8,247	8,384	7,837
Ebitda	3,153	2,821	2,995	2,763	2,789	2,596	2,748	2,418	2,415	2,377	2,217	1,401
Operating Income	2,336	1,978	2,118	1,949	1,882	1,717	1,795	1,556	1,525	1,123	1,185	460
Net Income	1,887	1,541	1,708	1,527	1,429	1,533	1,446	1,224	1,267	199	-98	210
EPS	1.97	1.61	1.78	1.60	1.48	1.58	1.49	1.26	1.30	0.20	-0.10	0.21
Key Financials TTM
Total Revenue TTM	39,502	38,591	37,895	37,189	36,465	35,743	34,857	33,954	33,071	32,188	31,352	30,294
Ebitda TTM	11,732	11,368	11,143	10,896	10,551	10,177	9,958	9,427	8,410	7,095	5,644	4,182
Operating Income TTM	8,381	7,927	7,666	7,343	6,950	6,593	5,999	5,389	4,293	2,961	1,858	497
Net Income TTM	6,663	6,205	6,197	5,935	5,632	5,470	4,136	2,592	1,578	379	208	278
Growth Rates Quarterly
Total Revenue Growth	9.8%	7.6%	7.6%	8.3%	8.4%	10.7%	10.8%	11.3%	11.4%	11.3%	14.4%	14.2%
EBITDA Growth	13.1%	8.7%	9.0%	14.3%	15.5%	9.2%	24.0%	72.6%	119.5%	156.7%	193.6%	40.0%
Operating Income Growth	24.1%	15.2%	18.0%	25.3%	23.4%	52.9%	51.5%	238.3%	690.2%	5515.0%	773.3%	1110.5%
Net Income Growth	32.1%	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 Margin	30.8%	28.7%	30.0%	29.3%	29.9%	28.4%	29.6%	27.7%	28.1%	28.8%	26.4%	17.9%
Operating Income Margin	22.8%	20.1%	21.2%	20.6%	20.2%	18.8%	19.3%	17.8%	17.7%	13.6%	14.1%	5.9%
Net Income Margin	18.4%	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 Cash	15,372	17,408	14,032	12,757	12,636	17,670	14,194	11,863	12,397	13,977	12,508	11,918
Total Debt	11,237	11,369	11,392	11,424	11,393	12,516	12,588	12,712	12,800	13,073	14,088	13,998
Net Debt / (Cash)	-4,135	-6,039	-2,640	-1,333	-1,243	-5,154	-1,606	849	403	-904	1,580	2,080
Cash Flows Quarterly
FCF from Operations	740	6,476	3,970	1,983	892	6,247	3,403	1,532	808	4,491	2,788	313
Cash Flows TTM
FCF from Operations TTM	13,169	13,321	13,092	12,525	12,074	11,990	10,234	9,619	8,400	7,926	7,111	6,305
Returns to Shareholders Quarterly
Dividends	399	402	383	382	384	388	0	0	0	0	0	0
Share Repurchases	2,225	2,633	76	1,285	4,335	2,133	1,692	1,925	1,949	2,054	2,323	1,677
Return on Invested Capital (ROIC) Quarterly
ROIC	53.1%	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 TTM	49.9%	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

$ Mil	2025	2024	2023	2022	2021
Service	8,245	7,369	6,474	5,377	4,466
Sales	7,580	6,831	5,989	5,191	4,598
Platform and Other	6,611	5,967	4,509	3,324	4,473
Integration and Analytics	5,189	4,338	3,783	2,951
Marketing and Commerce	4,912	4,516	3,902	3,133	2,506
Professional services and other	2,320	2,331	1,835	1,276	1,055
Total	34,857	31,352	26,492	21,252	17,098

Price Behavior

Behavior Stats
Betas Matrix

Price Behavior

Market Price	$242.76
Market Cap ($ Bil)	233.0
First Trading Date	06/23/2004
Distance from 52W High	-33.7%
	50 Days	200 Days
DMA Price	$253.50	$286.85
DMA Trend	down	down
Distance from DMA	-4.2%	-15.4%
	3M	1YR
Volatility	27.0%	33.3%
Downside Capture	133.84	131.26
Upside Capture	31.94	105.29
Correlation (SPY)	31.9%	62.5%

CRM Betas & Captures as of 8/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.78	0.86	1.11	1.02	1.07	1.21
Up Beta	0.03	0.38	1.22	0.97	0.93	1.15
Down Beta	1.32	1.59	1.44	1.07	1.04	1.21
Up Capture	72%	42%	60%	78%	124%	203%
Bmk +ve Days	10	22	35	71	142	415
Stock +ve Days	11	22	32	65	129	395
Down Capture	119%	158%	148%	118%	117%	105%
Bmk -ve Days	11	19	27	54	106	334
Stock -ve Days	10	19	30	60	119	355

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

Short Interest

Short Interest: As Of Date	8292025
Short Interest: Shares Quantity	13,975,683
Short Interest: % Change Since 8152025	-3.2%
Average Daily Volume	7,413,888
Days-to-Cover Short Interest	1.89
Basic Shares Quantity	956,000,000
Short % of Basic Shares	1.5%

Returns Analyses

	Title
0	Will You Be Comfortable Buying Salesforce Stock?
1	Will You Be Comfortable Buying Salesforce Stock?
2	CRM YTD Stock Return Of 18% Outperforms ADBE by 33% and Underperforms ORCL by -7.0%
3	Salesforce During 2008 Recession vs. 2022 Inflation Shock: CRM Stock Has 27% Upside If It Recovers To Pre-Inflation Shock Levels
4	Salesforce Stock Return Comparison
5	Salesforce Total Shareholder Return (TSR): -27.8% in 2023 and -2.7% 3-yr returns (below peer average)

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
9/3/2025	-4.9%	-5.4%
5/28/2025	-3.3%	-4.7%	-0.8%
2/26/2025	-4.0%	-5.0%	-9.6%
12/3/2024	11.0%	5.2%	0.6%
8/28/2024	-0.7%	-4.9%	7.0%
5/29/2024	-19.7%	-12.9%	-5.3%
2/28/2024	3.0%	1.3%	0.6%
11/29/2023	9.4%	8.2%	14.2%
...
SUMMARY STATS
# Positive	10	9	12
# Negative	14	15	12
Median Positive	7.4%	5.2%	5.0%
Median Negative	-4.4%	-6.3%	-9.5%
Max Positive	26.0%	30.2%	17.5%
Max Negative	-19.7%	-18.6%	-18.9%

	Forward Returns
9/3/2025	-4.9%	-5.4%
5/28/2025	-3.3%	-4.7%	-0.8%
2/26/2025	-4.0%	-5.0%	-9.6%
12/3/2024	11.0%	5.2%	0.6%
8/28/2024	-0.7%	-4.9%	7.0%
5/29/2024	-19.7%	-12.9%	-5.3%
2/28/2024	3.0%	1.3%	0.6%
11/29/2023	9.4%	8.2%	14.2%
8/30/2023	3.0%	3.5%	-5.7%
5/31/2023	-4.7%	-7.9%	-5.4%
3/1/2023	11.5%	9.3%	17.5%
11/30/2022	-8.3%	-18.6%	-17.3%
8/24/2022	-3.4%	-13.3%	-18.3%
5/31/2022	9.9%	16.8%	3.0%
3/1/2022	0.7%	-8.0%	2.9%
11/30/2021	-11.7%	-6.3%	-10.4%
8/25/2021	2.7%	2.9%	9.5%
5/27/2021	5.4%	5.2%	8.3%
2/25/2021	-6.3%	-11.1%	-9.5%
12/1/2020	-8.5%	-5.6%	-7.8%
8/25/2020	26.0%	30.2%	10.0%
5/28/2020	-3.5%	-5.3%	1.1%
2/25/2020	-1.3%	-6.6%	-18.9%
12/3/2019	-3.2%	-3.2%	2.8%
SUMMARY STATS
# Positive	10	9	12
# Negative	14	15	12
Median Positive	7.4%	5.2%	5.0%
Median Negative	-4.4%	-6.3%	-9.5%
Max Positive	26.0%	30.2%	17.5%
Max Negative	-19.7%	-18.6%	-18.9%

SEC Filings

Expand for More

Report Date	Filing
7312025	10-Q 7/31/2025
4302025	10-Q 4/30/2025
1312025	10-K 1/31/2025
10312024	10-Q 10/31/2024
7312024	10-Q 7/31/2024
4302024	10-Q 4/30/2024
1312024	10-K 1/31/2024
10312023	10-Q 10/31/2023
7312023	10-Q 7/31/2023
4302023	10-Q 4/30/2023
1312023	10-K 1/31/2023
10312022	10-Q 10/31/2022
7312022	10-Q 7/31/2022
4302022	10-Q 4/30/2022
1312022	10-K 1/31/2022
10312021	10-Q 10/31/2021

Insider Activity

Expand for More

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Niles Sabastian	President and CLO	5282025	Sell	272.75	547	149,194	531,317	Form
1	Reddy Sundeep G.	EVP & Chief Accounting Officer	5052025	Sell	275.00	500	137,500	3,220,525	Form
2	SCHMAIER R DAVID	Chief Product & Impact Officer	4172025	Sell	253.31	6,959	1,762,769	9,141,879	Form
3	Harris Parker	Co-Founder and CTO, Slack	4172025	Sell	253.31	9,742	2,467,725	34,147,665	Form
4	Reddy Sundeep G.	EVP & Chief Accounting Officer	4172025	Sell	253.31	1,256	318,155	3,248,926	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Salesforce (CRM)

Market Price (9/14/2025): $242.91 | Market Cap: $232.2 BilSector: Information Technology | Industry: Application Software

Salesforce (CRM)

Market Price (9/14/2025): $242.91Market Cap: $232.2 BilSector: Information TechnologyIndustry: Application Software

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Market Price (9/14/2025): $242.91 | Market Cap: $232.2 Bil
Sector: Information Technology | Industry: Application Software

Market Price (9/14/2025): $242.91
Market Cap: $232.2 Bil
Sector: Information Technology
Industry: Application Software