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Salesforce, Inc. (CRM) Stock Fundamental Analysis & AI Rating 2026

CRM NYSE Services-Prepackaged Software DE CIK: 0001108524
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2026-01-31
Combined AI Rating
BUY
83% Confidence
STRONG AGREEMENT
BUY
82% Conf
BUY
84% Conf

📊 CRM Key Takeaways

Revenue: $41.5B
Net Margin: 18.0%
Free Cash Flow: $14.4B
Current Ratio: 0.76x
Debt/Equity: 0.24x
EPS: $7.80
AI Rating: BUY with 82% confidence
Salesforce, Inc. (CRM) receives a BUY rating with 83% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $41.5B, net profit margin of 18.0%, and return on equity (ROE) of 12.6%, Salesforce, Inc. demonstrates strong fundamentals in the Technology sector. Below is our complete CRM stock analysis for 2026.

Is Salesforce, Inc. (CRM) a Good Investment?

Claude

Salesforce demonstrates strong fundamental health with robust profitability (18% net margin, 77.7% gross margin) and excellent cash generation ($14.4B free cash flow, 34.7% FCF margin). Revenue growth of 9.6% combined with net income acceleration of 20.3% indicates improving operational leverage and disciplined cost management. However, the below-1.0x current ratio and moderate ROE suggest some operational efficiency constraints that warrant monitoring.

ChatGPT

Salesforce shows strong fundamental quality, combining high gross margins, expanding earnings, and exceptional free cash flow generation. Revenue growth is moderate rather than hypergrowth, but profit growth is outpacing sales, indicating improving operating efficiency and disciplined cost structure. The balance sheet is solid with manageable leverage, though below-1.0 liquidity ratios and dependence on sustained enterprise software spending remain worth monitoring.

Why Buy Salesforce, Inc. Stock? CRM Key Strengths

Claude
  • + Exceptional free cash flow generation of $14.4B representing 34.7% of revenue, demonstrating capital-efficient business model
  • + Net income growing faster (20.3% YoY) than revenue (9.6% YoY) showing significant margin expansion and operational leverage
  • + Strong balance sheet with conservative 0.24x debt-to-equity ratio and excellent 25.7x interest coverage indicating financial stability
  • + High gross margins of 77.7% typical of enterprise software, providing substantial cushion for operating investments
  • + Substantial operating cash flow of $15B with minimal capex requirements ($594M) showing sustainable cash generation
ChatGPT
  • + High profitability profile with 77.7% gross margin, 20.1% operating margin, and 18.0% net margin
  • + Excellent cash generation, with $15.00B operating cash flow and $14.40B free cash flow supporting flexibility
  • + Conservative leverage and strong debt service capacity, reflected in 0.24x debt-to-equity and 25.7x interest coverage

CRM Stock Risks: Salesforce, Inc. Investment Risks

Claude
  • ! Current ratio of 0.76x below 1.0x threshold suggests potential short-term liquidity constraints that should be monitored
  • ! Revenue growth of 9.6% is modest for software sector, indicating market maturation or execution challenges in new growth initiatives
  • ! ROE of 12.6% and ROA of 6.6% are below peer expectations for enterprise software, suggesting capital deployment efficiency could improve
  • ! Significant insider activity (33 Form 4 filings) warrants closer examination for potential concerns or rebalancing patterns
ChatGPT
  • ! Revenue growth of 9.6% suggests a more mature growth profile and could limit upside if margin expansion slows
  • ! Current and quick ratios of 0.76x indicate tighter short-term liquidity than many software peers
  • ! Large asset base is generating only moderate returns, with ROE at 12.6% and ROA at 6.6%, leaving execution pressure to sustain improvement

Key Metrics to Watch

Claude
  • * Quarterly revenue growth rate and operating margin trends to confirm sustained operational leverage
  • * Free cash flow conversion ratio and capital expenditure trends as business scales
  • * Current ratio trajectory and working capital management to address liquidity positioning
  • * Return on equity expansion potential with improved asset utilization
  • * Gross margin sustainability amid competitive pricing pressures
ChatGPT
  • * Revenue growth versus operating income growth
  • * Free cash flow margin and current ratio

Salesforce, Inc. (CRM) Financial Metrics & Key Ratios

Revenue
$41.5B
Net Income
$7.5B
EPS (Diluted)
$7.80
Free Cash Flow
$14.4B
Total Assets
$112.3B
Cash Position
$7.3B

💡 AI Analyst Insight

The 34.7% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

CRM Profit Margin, ROE & Profitability Analysis

Gross Margin 77.7%
Operating Margin 20.1%
Net Margin 18.0%
ROE 12.6%
ROA 6.6%
FCF Margin 34.7%

CRM vs Technology Sector: How Salesforce, Inc. Compares

How Salesforce, Inc. compares to Technology sector averages

Net Margin
CRM 18.0%
vs
Sector Avg 18.0%
CRM Sector
ROE
CRM 12.6%
vs
Sector Avg 22.0%
CRM Sector
Current Ratio
CRM 0.8x
vs
Sector Avg 2.5x
CRM Sector
Debt/Equity
CRM 0.2x
vs
Sector Avg 0.5x
CRM Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Salesforce, Inc. Stock Overvalued? CRM Valuation Analysis 2026

Based on fundamental analysis, Salesforce, Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
12.6%
Sector avg: 22%
Net Profit Margin
18.0%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.24x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Salesforce, Inc. Balance Sheet: CRM Debt, Cash & Liquidity

Current Ratio
0.76x
Quick Ratio
0.76x
Debt/Equity
0.24x
Debt/Assets
47.3%
Interest Coverage
25.71x
Long-term Debt
$14.4B

CRM Revenue & Earnings Growth: 5-Year Financial Trend

CRM 5-year financial data: Year 2021: Revenue $21.3B, Net Income $1.1B, EPS $1.43. Year 2022: Revenue $26.5B, Net Income $126.0M, EPS $0.15. Year 2023: Revenue $31.4B, Net Income $4.1B, EPS $4.38. Year 2024: Revenue $34.9B, Net Income $1.4B, EPS $1.48. Year 2025: Revenue $41.5B, Net Income $208.0M, EPS $0.21.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Salesforce, Inc.'s revenue has grown significantly by 95% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.21 reflects profitable operations.

CRM Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
34.7%
Free cash flow / Revenue

CRM Quarterly Earnings & Performance

Quarterly financial performance data for Salesforce, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $9.4B $1.4B $1.58
Q2 2026 $9.3B $1.4B $1.47
Q1 2026 $9.1B $1.5B $1.56
Q3 2025 $8.7B $199.0M $1.25
Q2 2025 $8.6B $199.0M $1.28
Q1 2025 $8.2B $199.0M $0.20
Q3 2024 $7.8B $28.0M $0.21
Q2 2024 $7.7B $28.0M $0.07

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Salesforce, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$15.0B
Cash generated from operations
Stock Buybacks
$12.6B
Shares repurchased (TTM)
Capital Expenditures
$594.0M
Investment in assets
Dividends Paid
$1.6B
Returned to shareholders

CRM SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Salesforce, Inc. (CIK: 0001108524)

📋 Recent SEC Filings

Date Form Document Action
Apr 16, 2026 DEF 14A crm-20260416.htm View →
Mar 24, 2026 4 xslF345X06/form4.xml View →
Mar 24, 2026 4 xslF345X06/form4.xml View →
Mar 24, 2026 4 xslF345X06/form4.xml View →
Mar 24, 2026 4 xslF345X06/form4.xml View →

Frequently Asked Questions about CRM

What is the AI rating for CRM?

Salesforce, Inc. (CRM) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 83% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CRM's key strengths?

Claude: Exceptional free cash flow generation of $14.4B representing 34.7% of revenue, demonstrating capital-efficient business model. Net income growing faster (20.3% YoY) than revenue (9.6% YoY) showing significant margin expansion and operational leverage. ChatGPT: High profitability profile with 77.7% gross margin, 20.1% operating margin, and 18.0% net margin. Excellent cash generation, with $15.00B operating cash flow and $14.40B free cash flow supporting flexibility.

What are the risks of investing in CRM?

Claude: Current ratio of 0.76x below 1.0x threshold suggests potential short-term liquidity constraints that should be monitored. Revenue growth of 9.6% is modest for software sector, indicating market maturation or execution challenges in new growth initiatives. ChatGPT: Revenue growth of 9.6% suggests a more mature growth profile and could limit upside if margin expansion slows. Current and quick ratios of 0.76x indicate tighter short-term liquidity than many software peers.

What is CRM's revenue and growth?

Salesforce, Inc. reported revenue of $41.5B.

Does CRM pay dividends?

Salesforce, Inc. pays dividends, with $1,587.0M distributed to shareholders in the trailing twelve months.

Where can I find CRM SEC filings?

Official SEC filings for Salesforce, Inc. (CIK: 0001108524) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CRM's EPS?

Salesforce, Inc. has a diluted EPS of $7.80.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CRM a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Salesforce, Inc. has a BUY rating with 83% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is CRM stock overvalued or undervalued?

Valuation metrics for CRM: ROE of 12.6% (sector avg: 22%), net margin of 18.0% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy CRM stock in 2026?

Our dual AI analysis gives Salesforce, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CRM's free cash flow?

Salesforce, Inc.'s operating cash flow is $15.0B, with capital expenditures of $594.0M. FCF margin is 34.7%.

How does CRM compare to other Technology stocks?

Vs Technology sector averages: Net margin 18.0% (avg: 18%), ROE 12.6% (avg: 22%), current ratio 0.76 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2026-01-31 | Powered by Claude AI