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CRM · NYSE

Salesforce

Software - Application · United States

USD 237.92-2.0% daily changeQuote 2026-09-18 · USD
Market cap (USD)
US$195.81B
Trailing P/E
21.79x
Forward P/E
14.86x
Quarterly revenue growth
10.8%
Trailing net margin
22.0%
Indicated dividend yield
0.7%

Snapshot 2026-09-20 · Latest financial period 2026-07-31 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-12-02 (provider estimate, not issuer-confirmed).

Company background

Salesforce, Inc. provides customer relationship management technology services that connect companies and customers together in the United States, Europe, and the Asia Pacific. The company offers Agentforce, which enables customers to build, deploy, and manage enterprise-grade, autonomous AI agents at scale, enabling humans and agents to work together; Agentforce Sales, an integrated platform that brings together the power of humans with AI agents to help sales teams for selling, managing, and automating entire sales processes; Agentforce Service, which enables companies in every industry to bring all of their customer, employee, IT, and field service needs onto one integrated AI-powered platform; Data 360, a data engine that gives AI agents their context and serves as the foundation for how customers unify service offerings, making their data actionable for both humans and agents; Informatica, an AI-powered data management platform that enables customers to discover, integrate, govern, and deliver trusted data at scale across hybrid and multi-cloud environments; and Slack, a conversational interface for the agentic enterprise where people and agents work together, connecting knowledge, actions, and data in real time. It also provides marketing platforms; commerce services, which empower shopping experiences across various customer touchpoints; integration and analytics solutions; Salesforce Starter, a suite for small and medium-sized businesses that brings sales, service, marketing, and commerce together; and a field service solution that enables companies to connect service agents, dispatchers, and mobile employees through one centralized platform to schedule and dispatch work, as well as track and manage jobs. It serves financial services, healthcare and life sciences, manufacturing, automotive, and government sectors. Salesforce, Inc. was incorporated in 1999 and is headquartered in San Francisco, California.

Company website

Q2 FY2027

Go beyond the headline.

CRM Stock: HOLD Call - $2.7B of the Profit Was a Private Markup Q2 FY2027

Published 2026-08-30

Comparable businesses

CRM peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricCRMSalesforce, Inc.Snapshot 2026-09-20Financial period: 2026-07-31NOWServiceNow, Inc.Snapshot 2026-09-20Financial period: 2026-06-30WDAYWorkday, Inc.Snapshot 2026-09-20Financial period: 2026-07-31
Market capMarket value, converted to USDUS$195.81BUS$140.06BUS$46.72B
Forward P/EProvider forward earnings estimate14.86x27.06x14.66x
EV / EBITDAEnterprise value / trailing EBITDA17.58x49.65x29.69x
Revenue growthLatest quarter vs prior-year quarter10.8%24.0%12.8%
Operating marginLatest reported quarter21.4%4.1%11.8%
Free cash flow yieldTrailing cash flow / market cap9.1%3.7%6.5%
Net debt / EBITDANet debt / trailing EBITDA2.40x1.31x0.23x
Debt / equityTotal debt / positive book equity1.10x0.68x0.58x
Trailing P/ETrailing twelve-month earnings21.79x84.67x39.57x
Price / bookPrice / positive book equity per share5.10x11.19x7.22x
EV / salesEnterprise value / trailing revenue5.16x9.76x4.64x
Earnings growthLatest quarter vs prior-year quarter118.9%-21.9%206.0%
Gross marginTrailing twelve months77.3%74.8%75.8%
Net marginTrailing twelve months22.0%11.3%12.3%
Return on equityProvider trailing return; positive equity only19.4%14.2%16.0%
Free cash flow marginTrailing free cash flow / revenue40.4%35.0%30.0%
Dividend yieldIndicated annual dividend / price0.7%
Earnings payoutProvider trailing dividend payout15.7%0.0%0.0%
Current ratioCurrent assets / current liabilities0.84x0.70x0.91x
BetaProvider historical market sensitivity1.200.971.08

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

Financial trends

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Financial history
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Market context

Valuation & price history

Adjusted closing price

Price history

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for CRM

All available reporting periods
Q2 FY20272026-08-30
Q1 FY20272026-05-27
Q4 FY20262026-04-13
Q1 2026

CRM Q1 2026 earnings analysis · No verified episode link yet.

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.