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Salesforce CRM Return on invested capital

Return on invested capital at other companies

Microsoft logo
MicrosoftMSFT
25.6%-2.0pp
Adobe logo
AdobeADBE
53.9%+2.4pp
Fair Isaac logo
Fair IsaacFICO
75.3%+16.4pp
PTC logo
PTCPTC
19.3%+8.6pp
MicroStrategy logo
MicroStrategyMSTR
5.8%
Manhattan Associates logo
Manhattan AssociatesMANH
333.2%+99.3pp

Other financials

Income statement

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Revenue$11.1B+13.3%
Gross profit$8.6B+13.2%
Operating income$2.3B+20.9%
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$150.71B-37.5%
Enterprise value$184.33B-24.0%
P/E18.8×-17.4×
P/S3.5×-2.6×

Profitability

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Gross margin77.6%+0.3pp
Operating margin20.4%+1.1pp
Net margin18.7%+2.7pp
FCF margin34.2%+1.5pp

Returns & leverage

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Return on equity16.9%+6.6pp
Debt / equity1.2×+1.0×
Current ratio0.8×-0.3×

Where this comes from

Calculated from Salesforce’s reported figures.

Based on trailing twelve months.

The source filing: Salesforce’s 10-Q, filed May 28, 2026. Open the filing →

Filed
May 27, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001108524-26-000127

FAQ

What is Salesforce's return on invested capital?
Salesforce (CRM) reported return on invested capital of 10.5% in Q1 2026.
How has Salesforce's return on invested capital changed year-over-year?
Salesforce's return on invested capital increased by 8.4% year-over-year, from 9.7% to 10.5%.
What is the long-term trend for Salesforce's return on invested capital?
Over 4 years (2021 to 2026), Salesforce's return on invested capital has grown at a 68.6% compound annual growth rate (CAGR), from 1.2% to 9.5%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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