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Salesforce CRM Debt-to-assets

Debt-to-assets at other companies

Microsoft logo
MicrosoftMSFT
0.2×0.0×
Adobe logo
AdobeADBE
0.2×0.0×
Fair Isaac logo
Fair IsaacFICO
1.8×+0.4×
PTC logo
PTCPTC
0.2×0.0×
MicroStrategy logo
MicroStrategyMSTR
0.2×0.0×
Oracle logo
OracleORCL
0.1×-0.5×

Other financials

Income statement

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Revenue$11.1B+13.3%
Gross profit$8.6B+13.2%
Operating income$2.3B+20.8%
Net income$2.1B+36.7%
EPS (diluted)$2.42+52.2%

Balance sheet

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Cash & equivalents$8.9B-18.2%
Total debt$42.5B+254%
Total equity$34.2B-43.6%
Total assets$106.68B+8.2%

Cash flow

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Operating cash flow$6.7B+3.5%
CapEx$145.0M-19.0%
Free cash flow$6.6B+4.1%

Valuation

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Market cap$124.31B-43.1%
Enterprise value$157.92B-30.2%
P/E15.5×-19.7×
P/S2.9×-2.8×

Profitability

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Gross margin77.6%+0.3pp
Operating margin20.4%+1.1pp
Net margin18.7%+2.7pp

Returns & leverage

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Return on equity16.9%+6.6pp
Debt / equity1.2×+1.0×
Current ratio0.8×-0.3×

Where this comes from

Calculated from Salesforce’s reported figures.

Based on the most recent quarter.

The official record: Salesforce’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Salesforce's debt-to-assets?
Salesforce (CRM) reported debt-to-assets of 0.4× in Q1 2026.
How has Salesforce's debt-to-assets changed year-over-year?
Salesforce's debt-to-assets increased by 227.2% year-over-year, from 0.1× to 0.4×.
What is the long-term trend for Salesforce's debt-to-assets?
Over 4 years (2022 to 2026), Salesforce's debt-to-assets has grown at a -2.0% compound annual growth rate (CAGR), from 0.6× to 0.6×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.