Salesforce, Inc. (CRM) vs Snowflake Inc. (SNOW)
Salesforce, Inc. and Snowflake Inc. are both Software Application companies. Salesforce, Inc. is the larger, with a market value of $194.9B against $117.9B — 1.7× the size. Snowflake Inc. has negative trailing earnings, so its P/E is not meaningful; Salesforce, Inc. trades at 21.3×. Snowflake Inc. grew revenue faster over the last twelve months: 32.0% against 11.2%. Salesforce, Inc. has the higher net margin (22.0% vs −20.1%) and the higher return on invested capital (8.24% vs −37.0%). Across the 20 metrics below, Salesforce, Inc. leads on 17 and Snowflake Inc. on 3.
Valuation
Profitability
| Metric | CRM | SNOW | Software Application median |
|---|---|---|---|
| Gross margin | 77.28% | 67.03% | 67.03% |
| Operating margin | 19.88% | (22.76%) | 0.00% |
| Net margin | 21.99% | (20.07%) | 0.00% |
| Free cash flow margin | 34.49% | 21.94% | 4.32% |
| Return on equity | 19.38% | (48.17%) | 0.00% |
| Return on assets | 9.33% | (12.92%) | 0.00% |
| Return on invested capital | 8.24% | (37.00%) | 0.00% |
Growth
Health
Dividend
Size
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