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) Price to free cash flow

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As of 16 October 2026, Salesforce, Inc. (CRM) trades at a price to free cash flow of 13.0×. Over the past ten years it has ranged from 8.9× (June 2026) to 73.2× (September 2020); the current reading is higher than 5% of that period. That is below the Software Application industry median of 17.6× and below the Technology sector median of 20.0×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2026 13.9× (47.40%)
FY2025 26.4× (8.29%)
FY2024 28.8× 9.21%
FY2023 26.4× (37.23%)
FY2022 42.1× (17.07%)
FY2021 50.7× 23.73%
FY2020 41.0× 0.65%
FY2019 40.7× 10.18%
FY2018 37.0× 15.30%
FY2017 32.0× (1.79%)

Quarterly newest first

Period Price to free cash flow Change
Jul 2026 10.0× (4.73%)
Apr 2026 10.5× (24.84%)
Jan 2026 13.9× (27.36%)
Oct 2025 19.1× (3.12%)
43 more quarters

Against its own ten years

Low 8.9× High 73.2×
Ten-year median 32.1×
Current reading's percentile 5

Price to free cash flow against peers

Company Price to free cash flow
ADBE Adobe Inc. compare 9.1×
CRM Salesforce, Inc. 13.0×
UBER Uber Technologies, Inc. compare 14.2×
ADP Automatic Data Processing, Inc. compare 24.3×
SAP SAP SE compare 25.4×
NOW ServiceNow, Inc. compare 32.3×
DDOG Datadog, Inc. compare 82.1×
SNOW Snowflake Inc. compare 89.6×
SHOP Shopify Inc. compare 93.2×
Software Application industry median 17.6×
Technology sector median 20.0×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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