Salesforce, Inc. CRM
- Market cap
- $194.9B
- P/E
- 21.3×
Follow CRM
Salesforce, Inc. (CRM) Price to free cash flow
As of 25 September 2026, Salesforce, Inc. (CRM) trades at a price to free cash flow of 12.7×. Over the past ten years it has ranged from 8.9× (June 2026) to 73.2× (September 2020); the current reading is higher than 4% of that period. That is below the Software Application industry median of 16.6× and below the Technology sector median of 19.8×.
Price to free cash flow, daily
Annual
| 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
| 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 | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| ADBE Adobe Inc. compare | 8.8× |
| CRM Salesforce, Inc. | 12.7× |
| UBER Uber Technologies, Inc. compare | 14.0× |
| ADP Automatic Data Processing, Inc. compare | 22.2× |
| SAP SAP SE compare | 23.9× |
| NOW ServiceNow, Inc. compare | 30.8× |
| SHOP Shopify Inc. compare | 78.3× |
| DDOG Datadog, Inc. compare | 89.0× |
| SNOW Snowflake Inc. compare | 98.4× |
| Software Application industry median | 16.6× |
| Technology sector median | 19.8× |
| Market median | 14.0× |
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)))
More on CRM
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement