Salesforce CRM Ratios & Valuation
| 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 | |
| Returns | ||||||
| Return on equity | 52.7%+6.6pp | 46.1%+2.1pp | 44%+2.0pp | 42%+1.5pp | 40.5%+1.0pp | |
| 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× | |
| Leverage | ||||||
| Debt-to-equity | 2×+1.0× | 1×+0.2× | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | |
| 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% | |
| 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× | |
| Dividend yield | 3.1%+0.5pp | 2.7%+0.3pp | 2.4%+0.2pp | 2.1%+0.3pp | 1.8%+0.5pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
