Salesforce (NYSE:CRM) Continues Strong Market Perf…
From Financial Modeling Prep: 2024-12-05 14:00:04
Salesforce (NYSE:CRM) is a top provider of CRM software, competing with tech giants like Microsoft and Oracle. In Q3 of FY 2025, the company reported an EPS of $2.41, slightly below the expected $2.44, but still achieved revenue of $9.44 billion, surpassing the estimated $9.37 billion, highlighting its strong market performance and demand.
With a P/E ratio of around 44.20 and a price-to-sales ratio of about 9.27, Salesforce’s financial metrics indicate high market valuation based on earnings and revenue. The company’s enterprise value to sales ratio of 9.14 and enterprise value to operating cash flow ratio of 27.12 reflect its efficiency in generating revenue and cash flow relative to market value, with an earnings yield of approximately 2.26%.
Maintaining a low debt-to-equity ratio of 0.051, Salesforce showcases a conservative financial strategy with reduced financial risk. The company’s current ratio of around 1.11 demonstrates its ability to cover short-term liabilities with short-term assets, ensuring financial stability and resilience in the market.
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