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%+2.9pp	310.4%+3.9pp	309.9%+5.1pp	309.1%+6.3pp	307.8%+6.8pp
Operating margin	81.2%+6.0pp	80.1%+6.5pp	79%+10.0pp	77.3%+16.2pp	75.3%+24.0pp
Net margin	71.5%+7.6pp	68.8%+5.8pp	67.2%+8.6pp	65.3%—	63.8%—
EBITDA margin	115.7%+2.9pp	114.6%+2.4pp	114%+4.2pp	113.5%+9.1pp	112.8%+15.8pp
Free cash flow margin	132.5%+3.6pp	131.1%+3.2pp	129.2%+6.9pp	129.1%+12.8pp	128.9%+21.2pp
Returns
Return on equity	52.7%+12.2pp	46.1%+6.6pp	44%+7.7pp	42%—	40.5%—
Return on assets	29.5%+4.4pp	28.1%+3.6pp	27.2%+4.7pp	26%—	25.1%—
Return on invested capital	41.2%+4.7pp	40.4%+5.2pp	40.2%+7.9pp	38.5%+11.0pp	36.5%+14.8pp
Efficiency
Asset turnover	1.7×+0.1×	1.6×+0.1×	1.6×+0.1×	1.6×+0.1×	1.6×+0.1×
Liquidity
Current ratio	3.7×-0.6×	3.9×-0.4×	4.2×-0.1×	4.4×+0.1×	4.3×0.0×
Quick ratio	3.7×-0.6×	3.9×-0.4×	4.2×-0.1×	4.4×+0.1×	4.3×0.0×
Cash ratio	1.4×-0.1×	1.5×0.0×	1.6×+0.1×	1.6×+0.2×	1.5×+0.1×
Leverage
Debt-to-equity	2×+1.2×	1×+0.1×	0.8×-0.1×	0.8×-0.2×	0.8×-0.2×
Debt-to-assets	0.8×+0.3×	0.6×0.0×	0.5×-0.1×	0.5×-0.1×	0.5×-0.1×
Net debt / EBITDA	4.2×+3.0×	1.7×+0.1×	0.8×-1.2×	0.9×-1.7×	1.2×-2.1×
Per Share
Book value per share	$227.97-7.0%	$251.20+3.3%	$252.15+4.6%	$249.75+4.2%	$245.23+2.5%
Valuation
Market capitalization	$838.2B-24.5%	$947.76B-15.2%	$1.08T+1.3%	$1.11T+13.0%	$1.11T+17.2%
Enterprise value	$890.3B-20.7%	$967.34B-14.7%	$1.08T+0.3%	$1.12T+11.4%	$1.12T+15.3%
Price / earnings	116.1×-69.1×	139×-52.9×	165.1×-39.8×	177.7×—	185.2×—
Price / sales	20.6×-9.0×	23.8×-6.5×	27.6×-1.9×	29×+1.2×	29.6×+2.1×
Price / book	15.7×-2.9×	15.7×-3.1×	17.7×-0.4×	18.3×+1.7×	18.6×+2.6×
EV / EBITDA	75.4×-30.7×	84.7×-24.8×	97.7×-11.9×	103×-5.9×	106.1×-11.2×
EV / sales	21.8×-8.1×	24.2×-6.5×	27.8×-2.2×	29.2×+0.8×	29.9×+1.7×
Free cash flow yield	27.7%+10.0pp	22.5%+5.5pp	19%+2.4pp	18.1%+1.2pp	17.6%+1.8pp
Earnings yield	14.9%+6.2pp	11.8%+3.4pp	9.9%+2.0pp	9.2%—	8.7%—
Dividend yield	3.1%+1.3pp	2.7%+1.3pp	2.4%+1.5pp	2.1%+1.7pp	1.8%+1.7pp
PEG ratio	5.5×—	8×—	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.