Stock Analysis on Net

Salesforce Inc. (NYSE:CRM)

$24.99

Net Profit Margin
since 2005

Microsoft Excel

Calculation

Salesforce Inc., net profit margin, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2026-01-31), 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).

1 US$ in millions


The net profit margin exhibited significant fluctuations over the observed period. Initially, the margin demonstrated positive growth, followed by periods of instability and substantial improvement in later years.

Early Years (2005-2009)
From 2005 to 2009, the net profit margin experienced considerable volatility. It began at 4.16% in 2005, increased to a peak of 9.19% in 2006, then declined to 0.10% in 2007. A modest recovery to 2.45% occurred in 2008, followed by an increase to 4.03% in 2009. This period suggests early-stage business development with inconsistent profitability.
Period of Losses (2010-2012)
The years 2010 through 2012 were characterized by declining and ultimately negative net profit margins. The margin reached 6.18% in 2010, but then sharply decreased to -0.51% in 2012. This decline culminated in substantial net losses in 2011 and 2012, with margins of -8.87% and -5.70% respectively. This indicates a period of significant financial challenges.
Stabilization and Growth (2013-2017)
From 2013 to 2017, the net profit margin showed a gradual recovery, although it remained relatively low for several years. Margins remained negative in 2013, 2014, and 2015, reaching a low of -4.89% in 2014. A positive margin of 2.14% was achieved in 2017, signaling a return to profitability, albeit at a modest level.
Significant Improvement (2018-2021)
A period of substantial improvement began in 2018. The net profit margin increased from 1.22% in 2018 to an exceptionally high 19.16% in 2021. This represents a dramatic increase in profitability, driven by a significant rise in net income relative to revenues. The margin reached 8.36% in 2019, 0.74% in 2020, and peaked at 19.16% in 2021.
Recent Performance (2022-2026)
While remaining positive, the net profit margin experienced a slight decrease from the 2021 peak. The margin was 5.45% in 2022, 0.66% in 2023, and increased to 11.87% in 2024, 16.35% in 2025, and 17.96% in 2026. This suggests continued profitability, but with some moderation compared to the exceptionally high margin achieved in 2021. The trend indicates a stabilization at a relatively strong profitability level.

Overall, the net profit margin demonstrates a trajectory from initial instability to significant improvement and eventual stabilization at a higher level of profitability. The period between 2010 and 2017 was marked by challenges, while the years following 2017 witnessed substantial gains in profitability.


Comparison to Competitors

Salesforce Inc., net profit margin, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2026-01-31), 10-K (reporting date: 2025-01-31), 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).


Comparison to Sector (Software & Services)


Comparison to Industry (Information Technology)