Stock Analysis on Net

Salesforce Inc. (NYSE:CRM)

Analysis of Profitability Ratios
Quarterly Data

Microsoft Excel

Profitability Ratios (Summary)

Salesforce Inc., profitability ratios (quarterly data)

Microsoft Excel
Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018
Return on Sales
Gross profit margin 75.50% 74.99% 74.52% 73.78% 73.34% 72.69% 72.61% 73.10% 73.48% 74.02% 74.34% 74.32% 74.41% 74.47% 74.62% 74.90% 75.23% 75.01% 74.77% 74.32% 74.02%
Operating profit margin 14.38% 11.03% 8.18% 4.42% 3.29% 1.64% 0.26% 0.77% 2.07% 3.67% 4.69% 4.25% 2.14% 1.11% 0.35% -0.29% 1.74% 2.97% 3.37% 3.95% 4.03%
Net profit margin 11.87% 7.63% 4.77% 1.18% 0.66% 0.92% 1.83% 3.59% 5.45% 6.96% 9.99% 19.87% 19.16% 17.53% 12.21% -0.92% 0.74% 4.64% 6.45% 8.26% 8.36%
Return on Investment
Return on equity (ROE) 6.93% 4.46% 2.72% 0.66% 0.36% 0.47% 0.89% 1.70% 2.48% 3.05% 4.24% 10.44% 9.81% 8.82% 6.16% -0.48% 0.37% 2.21% 5.53% 7.04% 7.11%
Return on assets (ROA) 4.14% 2.85% 1.71% 0.41% 0.21% 0.30% 0.57% 1.08% 1.52% 1.99% 2.65% 6.85% 6.14% 6.01% 4.10% -0.31% 0.23% 1.47% 2.85% 3.49% 3.61%

Based on: 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-K (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Salesforce Inc. gross profit margin ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Salesforce Inc. operating profit margin ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Salesforce Inc. net profit margin ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Salesforce Inc. ROE improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
ROA A profitability ratio calculated as net income divided by total assets. Salesforce Inc. ROA improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.

Gross Profit Margin

Salesforce Inc., gross profit margin calculation (quarterly data)

Microsoft Excel
Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018
Selected Financial Data (US$ in millions)
Gross profit 7,139 6,565 6,490 6,122 6,284 5,749 5,593 5,366 5,312 5,019 4,727 4,408 4,338 4,025 3,840 3,611 3,631 3,379 3,030 2,823 2,657 2,503 2,432 2,239
Revenues 9,287 8,720 8,603 8,247 8,384 7,837 7,720 7,411 7,326 6,863 6,340 5,963 5,817 5,419 5,151 4,865 4,851 4,513 3,997 3,737 3,603 3,392 3,281 3,006
Profitability Ratio
Gross profit margin1 75.50% 74.99% 74.52% 73.78% 73.34% 72.69% 72.61% 73.10% 73.48% 74.02% 74.34% 74.32% 74.41% 74.47% 74.62% 74.90% 75.23% 75.01% 74.77% 74.32% 74.02%
Benchmarks
Gross Profit Margin, Competitors2
Accenture PLC 32.58% 32.50% 32.34% 32.25% 32.12% 32.02% 31.99% 32.26% 32.30% 32.35% 32.38% 31.99% 31.66% 31.81% 31.53% 31.36% 31.28% 31.08% 30.81% 30.61% 30.31% 30.10%
Adobe Inc. 88.08% 87.87% 87.89% 87.77% 87.66% 87.70% 87.76% 87.87% 88.04% 88.18% 88.17% 87.87% 87.45% 86.62% 85.96% 85.60% 85.19% 85.03% 85.16% 85.55% 86.04%
International Business Machines Corp. 55.45% 55.04% 54.64% 54.24% 54.00% 53.78% 54.01% 54.48% 54.90% 53.27% 51.79% 50.09% 48.32% 48.18% 47.76% 47.52% 47.30%
Intuit Inc. 78.08% 78.12% 78.13% 78.46% 79.00% 79.99% 81.09% 82.36% 82.11% 82.13% 82.53% 82.67% 82.23% 82.85% 82.05% 80.50% 82.25% 82.55% 82.80% 83.52% 83.41% 83.13%
Microsoft Corp. 69.75% 69.44% 68.92% 68.45% 68.16% 68.26% 68.40% 68.73% 68.83% 68.86% 68.93% 68.38% 68.35% 68.27% 67.78% 68.17% 67.71% 66.56% 65.90% 65.44% 65.10% 65.21%
Oracle Corp. 71.53% 71.88% 72.26% 72.85% 74.50% 76.10% 77.78% 79.08% 79.44% 79.96% 80.22% 80.59% 80.59% 80.33% 79.96% 79.68% 79.80% 79.67% 79.77% 79.76% 79.53% 79.54% 79.66%
Palo Alto Networks Inc. 74.05% 73.35% 72.29% 70.80% 69.77% 69.06% 68.76% 69.34% 69.63% 69.77% 70.05% 69.74% 70.02% 70.42% 70.68% 71.61% 72.02% 72.06% 72.12% 71.81% 71.81% 71.64%
ServiceNow Inc. 78.59% 78.52% 78.50% 78.45% 78.29% 77.85% 77.53% 77.26% 77.05% 77.27% 77.59% 78.01% 78.16% 78.22% 78.04% 77.57% 76.98%
Synopsys Inc. 79.33% 79.08% 78.79% 78.51% 78.91% 79.07% 79.48% 80.05% 79.78% 79.50% 79.11% 78.93% 78.81% 78.44% 78.56% 78.04% 77.69% 77.60% 76.98% 76.50% 76.43%

Based on: 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-K (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30).

1 Q4 2024 Calculation
Gross profit margin = 100 × (Gross profitQ4 2024 + Gross profitQ3 2024 + Gross profitQ2 2024 + Gross profitQ1 2024) ÷ (RevenuesQ4 2024 + RevenuesQ3 2024 + RevenuesQ2 2024 + RevenuesQ1 2024)
= 100 × (7,139 + 6,565 + 6,490 + 6,122) ÷ (9,287 + 8,720 + 8,603 + 8,247) = 75.50%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Salesforce Inc. gross profit margin ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.

Operating Profit Margin

Salesforce Inc., operating profit margin calculation (quarterly data)

Microsoft Excel
Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018
Selected Financial Data (US$ in millions)
Income (loss) from operations 1,622 1,501 1,476 412 357 460 193 20 (176) 38 332 354 193 224 178 (140) (36) 65 58 210 137 92 115 191
Revenues 9,287 8,720 8,603 8,247 8,384 7,837 7,720 7,411 7,326 6,863 6,340 5,963 5,817 5,419 5,151 4,865 4,851 4,513 3,997 3,737 3,603 3,392 3,281 3,006
Profitability Ratio
Operating profit margin1 14.38% 11.03% 8.18% 4.42% 3.29% 1.64% 0.26% 0.77% 2.07% 3.67% 4.69% 4.25% 2.14% 1.11% 0.35% -0.29% 1.74% 2.97% 3.37% 3.95% 4.03%
Benchmarks
Operating Profit Margin, Competitors2
Accenture PLC 13.76% 13.60% 13.74% 14.42% 14.90% 15.27% 15.21% 15.20% 15.12% 15.19% 15.08% 15.03% 14.89% 14.84% 14.69% 14.68% 14.66% 14.65% 14.59% 14.45% 14.31% 14.20%
Adobe Inc. 29.95% 34.26% 33.95% 33.64% 33.91% 34.64% 35.45% 36.25% 36.72% 36.76% 36.53% 35.75% 34.75% 32.93% 32.10% 31.36% 30.10% 29.25% 28.36% 28.55% 29.65%
International Business Machines Corp. 15.17% 14.58% 13.88% 13.49% 13.50% 12.92% 12.77% 12.30% 11.97% 9.12% 10.13% 10.39% 9.22% 12.21% 11.50% 11.73% 13.67%
Intuit Inc. 23.00% 22.86% 21.86% 21.67% 19.48% 18.41% 20.20% 23.68% 22.49% 24.10% 25.95% 29.04% 26.95% 30.30% 28.34% 22.46% 26.81% 27.03% 27.33% 28.42% 27.32% 25.34%
Microsoft Corp. 44.17% 43.01% 41.77% 40.85% 40.58% 41.69% 42.06% 42.56% 42.52% 42.14% 41.59% 40.15% 39.24% 38.17% 37.03% 37.46% 36.74% 35.20% 34.14% 33.49% 32.82% 32.47%
Oracle Corp. 28.20% 27.73% 27.01% 26.21% 28.06% 30.42% 22.92% 25.74% 26.22% 26.62% 37.78% 37.58% 37.74% 37.13% 36.29% 35.57% 34.82% 34.65% 34.49% 34.26% 34.47% 34.36% 34.23%
Palo Alto Networks Inc. 7.98% 8.15% 5.62% 2.30% 0.37% -1.56% -3.43% -5.12% -6.74% -7.51% -7.15% -6.56% -5.49% -4.79% -5.25% -5.24% -4.27% -2.45% -1.87% -1.29% -2.64% -4.41%
ServiceNow Inc. 8.49% 7.64% 6.32% 5.41% 4.90% 3.40% 3.30% 3.95% 4.36% 4.34% 4.55% 5.10% 4.40% 4.96% 4.97% 2.88% 1.22%
Synopsys Inc. 22.40% 21.72% 19.11% 18.81% 20.70% 22.87% 22.93% 23.18% 20.72% 17.48% 18.17% 18.81% 17.82% 16.83% 15.77% 13.85% 13.64% 15.48% 13.68% 12.02% 12.61%

Based on: 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-K (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30).

1 Q4 2024 Calculation
Operating profit margin = 100 × (Income (loss) from operationsQ4 2024 + Income (loss) from operationsQ3 2024 + Income (loss) from operationsQ2 2024 + Income (loss) from operationsQ1 2024) ÷ (RevenuesQ4 2024 + RevenuesQ3 2024 + RevenuesQ2 2024 + RevenuesQ1 2024)
= 100 × (1,622 + 1,501 + 1,476 + 412) ÷ (9,287 + 8,720 + 8,603 + 8,247) = 14.38%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Salesforce Inc. operating profit margin ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.

Net Profit Margin

Salesforce Inc., net profit margin calculation (quarterly data)

Microsoft Excel
Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018
Selected Financial Data (US$ in millions)
Net income (loss) 1,446 1,224 1,267 199 (98) 210 68 28 (28) 468 535 469 267 1,081 2,625 99 (248) (109) 91 392 362 105 299 344
Revenues 9,287 8,720 8,603 8,247 8,384 7,837 7,720 7,411 7,326 6,863 6,340 5,963 5,817 5,419 5,151 4,865 4,851 4,513 3,997 3,737 3,603 3,392 3,281 3,006
Profitability Ratio
Net profit margin1 11.87% 7.63% 4.77% 1.18% 0.66% 0.92% 1.83% 3.59% 5.45% 6.96% 9.99% 19.87% 19.16% 17.53% 12.21% -0.92% 0.74% 4.64% 6.45% 8.26% 8.36%
Benchmarks
Net Profit Margin, Competitors2
Accenture PLC 10.89% 10.65% 10.72% 11.27% 10.99% 11.30% 11.17% 11.12% 11.27% 11.53% 11.69% 12.05% 11.95% 11.74% 11.52% 11.11% 11.13% 11.06% 11.06% 10.93% 10.51% 9.99%
Adobe Inc. 24.08% 27.97% 27.12% 26.34% 26.32% 27.01% 28.00% 29.29% 29.90% 30.55% 38.67% 38.79% 40.68% 40.88% 31.05% 30.71% 27.72% 26.42% 26.10% 26.25% 28.08%
International Business Machines Corp. 12.13% 11.32% 3.34% 3.03% 2.71% 2.08% 9.36% 9.46% 10.01% 7.81% 8.16% 7.76% 7.59% 10.53% 10.43% 11.78% 12.22%
Intuit Inc. 18.35% 17.53% 16.59% 15.91% 14.22% 14.10% 16.23% 19.44% 19.03% 20.28% 21.41% 23.93% 22.64% 25.10% 23.78% 19.50% 22.88% 22.79% 22.95% 24.34% 22.89% 20.71%
Microsoft Corp. 36.27% 35.31% 34.15% 33.25% 33.05% 34.37% 36.69% 37.63% 38.50% 38.51% 36.45% 35.02% 33.47% 32.29% 30.96% 33.36% 33.02% 31.66% 31.18% 28.58% 28.31% 16.38%
Oracle Corp. 20.27% 19.63% 18.40% 17.02% 17.46% 19.09% 13.15% 15.83% 18.08% 24.79% 34.16% 33.96% 32.32% 26.34% 26.13% 25.94% 27.06% 27.62% 27.71% 28.05% 27.13% 10.01% 9.74%
Palo Alto Networks Inc. 30.24% 8.52% 6.38% 3.32% 0.56% -2.46% -4.85% -7.54% -9.50% -11.20% -11.72% -11.00% -9.73% -8.36% -7.83% -7.01% -5.58% -3.42% -2.82% -2.30% -3.47% -5.04%
ServiceNow Inc. 19.30% 18.72% 17.76% 5.25% 4.49% 2.90% 2.79% 3.56% 3.90% 3.99% 3.30% 3.15% 2.62% 16.60% 18.42% 18.20% 18.11%
Synopsys Inc. 22.96% 21.05% 18.71% 17.41% 18.22% 19.38% 20.86% 21.19% 20.18% 18.02% 18.48% 20.27% 18.91% 18.03% 17.88% 13.96% 14.31% 15.84% 18.94% 18.74% 18.59%

Based on: 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-K (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30).

1 Q4 2024 Calculation
Net profit margin = 100 × (Net income (loss)Q4 2024 + Net income (loss)Q3 2024 + Net income (loss)Q2 2024 + Net income (loss)Q1 2024) ÷ (RevenuesQ4 2024 + RevenuesQ3 2024 + RevenuesQ2 2024 + RevenuesQ1 2024)
= 100 × (1,446 + 1,224 + 1,267 + 199) ÷ (9,287 + 8,720 + 8,603 + 8,247) = 11.87%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Salesforce Inc. net profit margin ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.

Return on Equity (ROE)

Salesforce Inc., ROE calculation (quarterly data)

Microsoft Excel
Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018
Selected Financial Data (US$ in millions)
Net income (loss) 1,446 1,224 1,267 199 (98) 210 68 28 (28) 468 535 469 267 1,081 2,625 99 (248) (109) 91 392 362 105 299 344
Stockholders’ equity 59,646 58,090 58,082 57,412 58,359 59,351 60,098 58,876 58,131 57,054 55,520 42,567 41,493 40,310 38,440 34,565 33,885 33,279 17,166 16,446 15,605 14,693 13,528 11,060
Profitability Ratio
ROE1 6.93% 4.46% 2.72% 0.66% 0.36% 0.47% 0.89% 1.70% 2.48% 3.05% 4.24% 10.44% 9.81% 8.82% 6.16% -0.48% 0.37% 2.21% 5.53% 7.04% 7.11%
Benchmarks
ROE, Competitors2
Accenture PLC 25.92% 25.79% 26.75% 28.28% 29.20% 30.69% 31.11% 30.99% 31.09% 30.45% 30.25% 29.87% 29.81% 29.33% 30.05% 30.91% 32.13% 32.05% 33.17% 34.05% 33.53% 33.21%
Adobe Inc. 31.05% 32.86% 32.46% 32.71% 33.35% 33.85% 33.49% 34.96% 35.04% 32.59% 40.51% 40.30% 41.09% 39.66% 32.97% 34.00% 30.89% 28.03% 27.12% 26.70% 27.17%
International Business Machines Corp. 33.29% 30.00% 9.12% 8.48% 7.47% 6.29% 28.79% 28.98% 30.38% 21.44% 24.31% 25.11% 27.14% 37.27% 38.33% 45.08% 45.25%
Intuit Inc. 16.38% 15.21% 13.81% 12.73% 12.28% 11.69% 12.57% 14.75% 13.93% 21.49% 20.89% 21.37% 19.70% 37.50% 35.76% 28.21% 43.76% 43.49% 41.53% 40.54% 52.65% 45.36%
Microsoft Corp. 34.64% 34.93% 35.09% 35.45% 36.83% 40.21% 43.68% 44.47% 44.49% 44.67% 43.15% 41.65% 39.40% 38.49% 37.43% 40.41% 40.25% 38.75% 38.35% 36.82% 36.41% 21.89%
Oracle Corp. 189.26% 262.21% 395.57% 792.45% 262.43% 144.16% 131.11% 107.99% 83.94% 75.58% 70.25% 59.43% 50.87% 45.33% 13.02% 10.19%
Palo Alto Networks Inc. 52.25% 28.28% 25.15% 17.47% 4.71% -28.23% -127.14% -115.40% -391.77% -98.34% -78.63% -43.97% -35.50% -40.11% -24.23% -30.74% -10.84% -6.81% -5.16% -4.36% -8.39% -9.75%
ServiceNow Inc. 22.69% 22.08% 20.56% 7.14% 6.46% 4.44% 4.39% 5.58% 6.22% 6.24% 5.21% 5.01% 4.18% 26.20% 29.38% 29.85% 29.45%
Synopsys Inc. 21.10% 20.01% 17.36% 15.79% 16.72% 17.85% 18.42% 18.13% 16.87% 14.31% 14.63% 15.88% 14.80% 13.54% 13.66% 11.10% 11.64% 13.04% 15.91% 15.49% 15.61%

Based on: 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-K (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30).

1 Q4 2024 Calculation
ROE = 100 × (Net income (loss)Q4 2024 + Net income (loss)Q3 2024 + Net income (loss)Q2 2024 + Net income (loss)Q1 2024) ÷ Stockholders’ equity
= 100 × (1,446 + 1,224 + 1,267 + 199) ÷ 59,646 = 6.93%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Salesforce Inc. ROE improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.

Return on Assets (ROA)

Salesforce Inc., ROA calculation (quarterly data)

Microsoft Excel
Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018
Selected Financial Data (US$ in millions)
Net income (loss) 1,446 1,224 1,267 199 (98) 210 68 28 (28) 468 535 469 267 1,081 2,625 99 (248) (109) 91 392 362 105 299 344
Total assets 99,823 91,022 92,447 93,541 98,849 91,884 94,148 93,022 95,209 87,436 88,658 64,885 66,301 59,136 57,780 53,623 55,126 49,942 33,336 33,154 30,737 26,588 25,823 22,963
Profitability Ratio
ROA1 4.14% 2.85% 1.71% 0.41% 0.21% 0.30% 0.57% 1.08% 1.52% 1.99% 2.65% 6.85% 6.14% 6.01% 4.10% -0.31% 0.23% 1.47% 2.85% 3.49% 3.61%
Benchmarks
ROA, Competitors2
Accenture PLC 13.70% 13.35% 13.41% 14.29% 14.54% 14.97% 14.55% 14.38% 14.42% 14.19% 13.68% 13.72% 13.65% 13.72% 13.78% 14.12% 14.84% 14.66% 16.04% 16.62% 16.33% 15.77%
Adobe Inc. 16.70% 18.23% 17.60% 17.44% 17.76% 17.51% 18.00% 18.57% 18.58% 17.70% 22.33% 21.82% 22.28% 21.66% 17.23% 17.13% 15.24% 14.22% 13.85% 13.48% 13.75%
International Business Machines Corp. 5.55% 5.35% 1.53% 1.37% 1.29% 1.00% 4.38% 4.14% 4.35% 3.30% 3.63% 3.61% 3.58% 5.13% 5.11% 5.88% 6.20%
Intuit Inc. 9.33% 9.07% 8.58% 7.74% 7.15% 6.93% 7.45% 8.77% 8.26% 14.07% 13.29% 13.50% 11.97% 20.26% 16.70% 17.22% 24.34% 25.55% 24.78% 23.85% 27.59% 25.61%
Microsoft Corp. 17.54% 17.29% 17.56% 18.16% 18.50% 19.40% 19.94% 21.03% 20.91% 20.24% 18.36% 18.13% 16.87% 15.78% 14.70% 16.21% 15.67% 14.73% 13.69% 13.27% 12.96% 7.30%
Oracle Corp. 7.76% 7.55% 6.86% 6.33% 6.36% 6.85% 4.46% 6.15% 6.96% 9.60% 11.35% 10.48% 10.86% 9.44% 9.03% 8.78% 11.13% 11.11% 10.31% 10.20% 9.82% 3.36% 3.02%
Palo Alto Networks Inc. 12.45% 4.15% 3.03% 1.52% 0.26% -1.14% -2.18% -3.51% -4.44% -4.89% -4.87% -4.59% -3.88% -3.43% -2.95% -3.52% -2.43% -1.51% -1.24% -1.01% -1.58% -2.11%
ServiceNow Inc. 9.96% 10.51% 9.54% 2.94% 2.44% 1.81% 1.66% 2.03% 2.13% 2.33% 1.86% 1.73% 1.36% 9.09% 11.17% 10.92% 10.41%
Synopsys Inc. 13.33% 11.90% 10.42% 9.40% 9.85% 10.45% 11.07% 10.95% 10.21% 8.66% 8.88% 9.69% 9.02% 8.27% 8.19% 6.48% 6.70% 8.31% 10.17% 9.77% 9.30%

Based on: 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-K (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30).

1 Q4 2024 Calculation
ROA = 100 × (Net income (loss)Q4 2024 + Net income (loss)Q3 2024 + Net income (loss)Q2 2024 + Net income (loss)Q1 2024) ÷ Total assets
= 100 × (1,446 + 1,224 + 1,267 + 199) ÷ 99,823 = 4.14%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Salesforce Inc. ROA improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.