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Salesforce CRM Debt-to-equity

Debt-to-equity at other companies

Microsoft logo
MicrosoftMSFT
0.3×0.0×
Adobe logo
AdobeADBE
0.6×0.0×
PTC logo
PTCPTC
0.4×-0.1×
MicroStrategy logo
MicroStrategyMSTR
0.2×0.0×
Oracle logo
OracleORCL
0.7×-5.3×
Shopify logo
ShopifySHOP
-0.1×

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$126.96B-43.1%
Enterprise value$160.57B-30.2%
P/E15.8×-20.2×
P/S-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
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-equity?
Salesforce (CRM) reported debt-to-equity of 1.2× in Q1 2026.
How has Salesforce's debt-to-equity changed year-over-year?
Salesforce's debt-to-equity increased by 527.4% year-over-year, from 0.2× to 1.2×.
What is the long-term trend for Salesforce's debt-to-equity?
Over 4 years (2022 to 2026), Salesforce's debt-to-equity has grown at a -0.1% compound annual growth rate (CAGR), from 1× to 1×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.