Salesforce CRM Ratios & Valuation
| 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%— | |
| Returns | ||||||
| Return on equity | 52.7%+12.2pp | 46.1%+6.6pp | 44%+7.7pp | 42%— | 40.5%— | |
| 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× | |
| Leverage | ||||||
| Debt-to-equity | 2×+1.2× | 1×+0.1× | 0.8×-0.1× | 0.8×-0.2× | 0.8×-0.2× | |
| 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% | |
| 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× | |
| Dividend yield | 3.1%+1.3pp | 2.7%+1.3pp | 2.4%+1.5pp | 2.1%+1.7pp | 1.8%+1.7pp |
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.
