Salesforce, Inc. (CRM) stock analysis
Company overview and business model
Source fact: Salesforce, Inc. provides customer relationship management technology services that connect companies and customers together in the United States, Europe, and the Asia Pacific. The company offers Agentforce, which enables customers to build, deploy, and manage enterprise-grade, autonomous AI agents at scale, enabling humans and agents to work together; Agentforce Sales, an integrated platform that brings together the power of humans with AI agents to help sales teams for selling, managing, and automating entire sales processes; Agentforce Service, which enables companies in every industry to bring all of their customer, employee, IT, and field service needs onto one integrated AI-powered platform; Data 360, a data engine that gives AI agents their context and serves as the foundation for how customers unify service offerings, making their data actionable for both humans and agents; Informatica, an AI-powered data management platform that enables customers to discover, integrate, govern, and deliver trusted data at scale across hybrid and multi-cloud environments; and Slack, a conversational interface for the agentic enterprise where people and agents work together, connecting knowledge, actions, and data in real time. It also provides marketing platforms; commerce services, which empower shopping experiences across various customer touchpoints; integration and analytics solutions; Salesforce Starter, a suite for small and medium-sized businesses that brings sales, service, marketing, and commerce together; and a field service solution that enables companies to connect service agents, dispatchers, and mobile employees through one centralized platform to schedule and dispatch work, as well as track and manage jobs. It serves financial services, healthcare and life sciences, manufacturing, automotive, and government sectors. Salesforce, Inc. was incorporated in 1999 and is headquartered in San Francisco, California.
Classification: NYSE · Technology · Software - Application
Revenue and growth
Source fact: Revenue was USD 41.52 billion for the period ending 2026-01-31.
Caverian calculation: Revenue changed +9.6% (FY2026 vs FY2025).
Profitability
Source fact: Net income was USD 7.46 billion in the latest reported period.
Source metric: Reported net margin was 18.0%.
Balance sheet and liquidity
Source fact: Cash and equivalents were USD 7.33 billion.
Source fact: Total debt was USD 17.18 billion.
Source metric: Current ratio was 0.76x.
Cash-flow analysis
Source fact: Operating cash flow was USD 15.00 billion.
Source fact: Free cash flow was USD 14.40 billion.
Valuation
Source metrics: Trailing P/E 23.80x; Forward P/E 13.48x; Price to book 5.00x; EV/EBITDA 15.67x.
Caverian model output: Value score was 60/100.
Competitive position
Classification: Peer context: Software - Application within Technology.
Caverian model output: Quality score was 61/100.
Caverian model limitation: Quality evidence was limited: 7 of 10 inputs were available (67% weighted coverage). Unavailable or not-meaningful inputs contributed a neutral 50, changing the raw 62 score to 61; further research is required.
Caverian model output: Growth score was 71/100.
Material risks
Caverian model interpretation: Watch out: limited Quality evidence (67% weighted coverage) — unavailable/NM inputs were averaged at neutral, changing the raw 62 score to 61; further research is required; short-term cash may not cover short-term bills.
Caverian calculation: Piotroski F-score was 6/9.
Data sources and freshness
Freshness: This report uses a stored upstream snapshot; statement periods are shown alongside the figures.
Methodology and limitations
Facts reproduce stored upstream fields. Calculations derive only from the displayed stored statements. Model outputs are Caverian interpretations, not investment advice or a buy/sell recommendation.
How Caverian approaches valuation · Sources and product principles