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.
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Salesforce, Inc. (CRM) 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 | Free account |
Against its own ten years
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)
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