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Stocks/Information Technology/Application Software

SalesforceCRM

Application Software · San Francisco, California · In the S&P 500
Solid businessCheaper than peers
$229.17−0.75%After hours: $228.52 (−0.28%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 8.9% over 1 year
Salesforce over 1 yearDaily close, $, to 30 Oct 2026
$150$200$250Nov2026MarMayJulSep$229.17$150$200$250NovMarJul$229.17
Source: Nasdaq daily closes
Market value$189B
Price to earnings20.9x
Forward P/E15.7x
Dividend yield0.77%
Year to date−13.5%
One year−8.9%
Next earningsNot scheduled
SectorInformation Technology
52-week range (closes)
$150.12$266.23

Quality and valuation

How Salesforce compares with other information technology stocks. A description, not a recommendation.

Salesforce and 6 application software peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: cheaper than most

An average business among information technology companies, priced below most of them.

Salesforce trades at 15.7 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +11.2% vs +20.6%
  • Keeps more of each sale (gross margin): 77.3% vs 61.5%
  • More profitable (operating margin): 19.9% vs 17.0%
  • Turns more of its sales into cash: 34.5% vs 21.7%
CRM trades at 15.7x forward earnings, below the sector medianForward p/e, Application Software peers
ADBE9.3xINTU14.3xORCL15.4xCRM15.7xSAP26.6xCDNS36.6xPLTR108.1xSNOW120.5xSector median 22.2xADBE9.3xINTU14.3xORCL15.4xCRM15.7xSAP26.6xCDNS36.6xPLTR108.1xSNOW120.5xSector median 22.2x
Source: CNBC quotes; Mostly Markets
At 20.9x earnings, CRM is cheaper than its average since Aug 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
40x60xAverage 36.1x2025202620.9x40x60xAverage 36.1x2025202620.9x
Source: Nasdaq prices; SEC filings

Financials

From Salesforce's SEC filings, through the quarter ending 31 Jul 2026. Hover or tap a bar for its value.

Revenue grew 10.8% from a year earlierQuarterly revenue, $bn, latest Q2 ’27
$0bn$5bn$10bnQ3 ’25Q1 ’26Q3 ’26$11.3bnQ2 ’27$0bn$5bn$10bnQ3 ’25Q1 ’26Q3 ’26$11.3bnQ2 ’27
Source: SEC filings
Growth slowed to +10.8% last quarterRevenue growth, year on year, %
0%5%10%Q3 ’25Q1 ’26Q3 ’2610.8%Q2 ’270%5%10%Q3 ’25Q1 ’26Q3 ’2610.8%Q2 ’27
Source: SEC filings
Operating margin was 20.5% last quarterOperating income as a share of revenue, %
0%10%20%Q3 ’25Q1 ’26Q3 ’2620.5%Q2 ’270%10%20%Q3 ’25Q1 ’26Q3 ’2620.5%Q2 ’27
Source: SEC filings
Free cash flow was $15.2 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0bn$2bn$4bn$6bnQ3 ’25Q1 ’26Q3 ’26$1.1bnQ2 ’27$0bn$2bn$5bnQ3 ’25Q1 ’26Q3 ’26$1.1bnQ2 ’27
Source: SEC filings
Last 12 monthsCRMSector median
Revenue growth+11.2%+20.6%
Gross margin77.3%61.5%
Operating margin19.9%17.0%
Free cash flow margin34.5%21.7%
Price to earnings20.9x33.1x

Stories on Salesforce

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Similar companies

Application Software, by market value.

CompanyPriceTodayYTDValue
PLTRPalantir Technologies$184.11−6.27%+3.6%$442B
ORCLOracle$130.67−6.37%−33.0%$396B
SAPSAP$235.02+0.41%−3.2%$289B
SNOWSnowflake$306.08−7.32%+39.5%$108B
ADBEAdobe$250.23+0.85%−28.5%$97.39B
INTUIntuit$341.09+2.99%−48.5%$91.15B
CDNSCadence Design Systems$327.89−4.34%+4.9%$89.97B
SNPSSynopsys$467.61−4.61%−0.4%$89.61B