What are Salesforce's profit margins?

Salesforce (CRM) runs a 77.6% gross margin and a 20.4% operating margin, with a 18.7% net margin.

Where do Salesforce's ratios come from?

Every ratio is computed from Salesforce's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Salesforce CRM Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '27	TTM Q4 '26	TTM Q3 '26	TTM Q2 '26	TTM Q1 '26
Profitability
Gross margin	310.7%+0.3pp	310.4%+0.5pp	309.9%+0.8pp	309.1%+1.3pp	307.8%+1.3pp
Operating margin	81.2%+1.1pp	80.1%+1.0pp	79%+1.7pp	77.3%+2.1pp	75.3%+1.6pp
Net margin	71.5%+2.7pp	68.8%+1.6pp	67.2%+2.0pp	65.3%+1.4pp	63.8%+0.8pp
EBITDA margin	115.7%+1.0pp	114.6%+0.6pp	114%+0.6pp	113.5%+0.7pp	112.8%+0.5pp
Free cash flow margin	132.5%+1.5pp	131.1%+1.9pp	129.2%+0.1pp	129.1%+0.2pp	128.9%+1.1pp
Returns
Return on equity	52.7%+6.6pp	46.1%+2.1pp	44%+2.0pp	42%+1.5pp	40.5%+1.0pp
Return on assets	29.5%+1.4pp	28.1%+0.8pp	27.2%+1.2pp	26%+0.9pp	25.1%+0.6pp
Return on invested capital	41.2%+0.8pp	40.4%+0.2pp	40.2%+1.7pp	38.5%+2.0pp	36.5%+1.3pp
Efficiency
Asset turnover	1.7×0.0×	1.6×0.0×	1.6×0.0×	1.6×0.0×	1.6×0.0×
Liquidity
Current ratio	3.7×-0.3×	3.9×-0.3×	4.2×-0.1×	4.4×+0.1×	4.3×0.0×
Quick ratio	3.7×-0.3×	3.9×-0.3×	4.2×-0.1×	4.4×+0.1×	4.3×0.0×
Cash ratio	1.4×-0.1×	1.5×-0.1×	1.6×0.0×	1.6×+0.1×	1.5×0.0×
Leverage
Debt-to-equity	2×+1.0×	1×+0.2×	0.8×0.0×	0.8×0.0×	0.8×0.0×
Debt-to-assets	0.8×+0.3×	0.6×+0.1×	0.5×0.0×	0.5×0.0×	0.5×0.0×
Net debt / EBITDA	4.2×+2.6×	1.7×+0.9×	0.8×-0.2×	0.9×-0.3×	1.2×-0.3×
Per Share
Book value per share	$227.97-9.3%	$251.20-0.4%	$252.15+1.0%	$249.75+1.8%	$245.23+0.8%
Valuation
Market capitalization	$838.2B-11.6%	$947.76B-11.9%	$1.08T-2.8%	$1.11T-0.3%	$1.11T-0.6%
Enterprise value	$890.3B-8.0%	$967.34B-10.8%	$1.08T-2.9%	$1.12T-0.6%	$1.12T-0.9%
Price / earnings	116.1×-22.9×	139×-26.1×	165.1×-12.6×	177.7×-7.5×	185.2×-6.8×
Price / sales	20.6×-3.2×	23.8×-3.8×	27.6×-1.3×	29×-0.6×	29.6×-0.7×
Price / book	15.7×0.0×	15.7×-2.0×	17.7×-0.6×	18.3×-0.3×	18.6×-0.2×
EV / EBITDA	75.4×-9.2×	84.7×-13.1×	97.7×-5.3×	103×-3.1×	106.1×-3.4×
EV / sales	21.8×-2.5×	24.2×-3.6×	27.8×-1.4×	29.2×-0.7×	29.9×-0.8×
Free cash flow yield	27.7%+5.2pp	22.5%+3.4pp	19%+0.9pp	18.1%+0.5pp	17.6%+0.6pp
Earnings yield	14.9%+3.1pp	11.8%+1.9pp	9.9%+0.8pp	9.2%+0.5pp	8.7%+0.3pp
Dividend yield	3.1%+0.5pp	2.7%+0.3pp	2.4%+0.2pp	2.1%+0.3pp	1.8%+0.5pp
PEG ratio	5.5×-2.4×	8×+0.3×	7.7×—	——	——

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Questions, answered.

What are Salesforce's profit margins?: Salesforce (CRM) runs a 77.6% gross margin and a 20.4% operating margin, with a 18.7% net margin.
Where do Salesforce's ratios come from?: Every ratio is computed from Salesforce's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.