Salesforce, Inc. CRM

234.02 (4.20) (1.76%) as of 25 Sep
Market cap
$194.9B
P/E
21.3×
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Salesforce, Inc. (CRM) Operating margin

Salesforce, Inc.'s operating margin over the twelve months to 31 July 2026 was 19.9%, down 0.2 percentage points from fiscal 2026 (20.1%). Over the past ten years it has ranged from −2.71% (fiscal 2015) to 20.1% (fiscal 2026) — the current reading is the highest in ten years. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.08%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2026 20.1% 1.05
FY2025 19.0% 4.63
FY2024 14.4% 11.09
FY2023 3.29% 1.22
FY2022 2.07% (0.07)
FY2021 2.14% 0.40
FY2020 1.74% (2.29)
FY2019 4.03% (0.28)
FY2018 4.31% 1.73
FY2017 2.58% 0.86

Quarterly

Period Operating margin Change (points)
Jul 2026 20.6% (0.53)
Apr 2026 21.1% 4.39
Jan 2026 16.7% (4.64)
Oct 2025 21.3% (1.45)
43 more quarters

Against its own ten years

Low −2.71% High 20.1%
Ten-year median 2.94%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
ADBE Adobe Inc. compare 35.7%
SAP SAP SE compare 26.7%
ADP Automatic Data Processing, Inc. compare 26.3%
CRM Salesforce, Inc. 19.9%
SHOP Shopify Inc. compare 13.9%
UBER Uber Technologies, Inc. compare 12.1%
NOW ServiceNow, Inc. compare 11.4%
DDOG Datadog, Inc. compare 0.41%
SNOW Snowflake Inc. compare −22.8%
Software Application industry median 0.00%
Technology sector median 0.08%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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