Salesforce, Inc.

CRM Technology Software Application

Salesforce, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $41.5 billion, up 9.58% from fiscal 2025. In the quarter to July 2026, revenue grew 10.8%, EPS grew 118.3%, free cash flow grew 81.5% and total debt rose 365.7%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for three consecutive years, revenue growth for ten, operating cash flow growth for ten; insiders bought in the last twelve months.

240.70 6.04 −2.45%
Market cap
$203.1B
P/E
21.9×
Fwd P/E
22.8×
Dividend yield
0.72%
F-score
7/9
Altman Z
3.07
Beneish M
−2.66
Dividend safety
74/100

Salesforce, Inc. (CRM) Debt to equity

Alert me on Debt to equity

Salesforce, Inc.'s debt to equity at the end of the quarter to 31 July 2026 was 1.0×, up 0.8× from fiscal 2026 (0.2×). Over the past ten years it has ranged from 0.1× (fiscal 2021) to 0.3× (fiscal 2015); the current reading is higher than 75% of that period. That is above the Software Application industry median of 0.0× and above the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2026 0.2× 77.01%
FY2025 0.1× (12.72%)
FY2024 0.2× (13.04%)
FY2023 0.2× (0.33%)
FY2022 0.2× 117.80%
FY2021 0.1× (18.42%)
FY2020 0.1× (52.57%)
FY2019 0.2× 30.46%
FY2018 0.2× (38.68%)
FY2017 0.3× 5.17%

Quarterly newest first

Period Debt to equity Change
Jul 2026 1.0× (10.78%)
Apr 2026 1.1× 370.05%
Jan 2026 0.2× 73.61%
Oct 2025 0.1× 2.18%
43 more quarters

Against its own ten years

Low 0.1× High 0.3×
Ten-year median 0.2×
Current reading's percentile 75

Debt to equity against peers

Company Debt to equity
SHOP Shopify Inc. compare 0.0×
DDOG Datadog, Inc. compare 0.2×
SAP SAP SE compare 0.2×
UBER Uber Technologies, Inc. compare 0.5×
ADBE Adobe Inc. compare 0.5×
NOW ServiceNow, Inc. compare 0.6×
ADP Automatic Data Processing, Inc. compare 0.8×
CRM Salesforce, Inc. 1.0×
SNOW Snowflake Inc. compare 1.1×
Software Application industry median 0.0×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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