Financials Salesforce.com, Inc.

Equities

CRM

US79466L3024

IT Services & Consulting

Market Closed - Nyse Other stock markets 21:00:02 11/07/2025 BST			5-day change	1st Jan Change
258.07 ^USD	-2.24%		-5.17%	-22.81%

07-11	Salesforce Insider Sold Shares Worth $598,854, According to a Recent SEC Filing	MT
07-10	Salesforce Insider Sold Shares Worth $611,309, According to a Recent SEC Filing	MT

Projected Income Statement: Salesforce.com, Inc.

Fiscal Period: January	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	21,252	26,492	31,352	34,857	37,895	41,231	44,949	49,518
Change	-	24.66%	18.35%	11.18%	8.72%	8.8%	9.02%	10.16%
EBITDA ¹	6,612	8,249	8,903	12,722	14,324	16,062	17,698	20,882
Change	-	24.76%	7.93%	42.9%	12.59%	12.13%	10.19%	17.99%
EBIT ¹	3,766	4,951	7,068	10,632	12,498	13,990	15,724	17,767
Change	-	31.47%	42.76%	50.42%	17.55%	11.93%	12.4%	12.99%
Interest Paid	-	-	-374	61	233	-	-	-
Earnings before Tax (EBT) ¹	2,561	1,532	660	4,950	7,438	8,981	10,553	12,837
Change	-	-40.18%	-56.92%	650%	50.26%	20.74%	17.51%	21.63%
Net income ¹	4,072	1,444	208	4,136	6,197	7,000	8,223	9,914
Change	-	-64.54%	-85.6%	1,888.46%	49.83%	12.95%	17.48%	20.57%
Announcement Date	25/02/21	01/03/22	01/03/23	28/02/24	26/02/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: January	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1
Net sales ¹	5,151	5,419	5,817	5,963	6,340	6,863	7,326	7,411	7,720	7,837	8,384	8,247	8,603	8,720	9,287	9,133	9,325	9,444	9,993	9,829	10,137	10,287	10,937	10,713	10,975	11,169	11,874	11,741
Change	-	5.2%	7.34%	2.51%	6.32%	8.25%	6.75%	1.16%	4.17%	1.52%	6.98%	-1.63%	4.32%	1.36%	6.5%	-1.66%	2.1%	1.28%	5.81%	-1.64%	3.14%	1.48%	6.32%	-2.05%	2.45%	1.77%	6.32%	-1.12%
EBITDA ¹	1,689	1,743	1,887	1,891	2,010	2,321	2,027	1,702	1,951	2,244	3,006	3,057	3,139	3,111	3,415	3,346	3,597	3,583	3,798	3,620	3,932	4,244	4,801	4,251	4,302	4,285	4,634	-
Change	-	3.2%	8.26%	0.21%	6.29%	15.47%	-12.67%	-16.03%	14.63%	15.02%	33.96%	1.7%	2.68%	-0.89%	9.77%	-2.02%	7.5%	-0.39%	6%	-4.69%	8.62%	7.93%	13.12%	-11.46%	1.2%	-0.4%	8.14%	-
EBIT ¹	1,040	1,073	1,018	1,206	1,291	1,358	1,096	1,308	1,536	1,777	2,447	2,274	2,721	2,717	2,920	2,928	3,144	3,123	3,303	3,172	3,424	3,524	3,857	3,614	3,817	3,905	4,270	4,074
Change	-	3.17%	-5.13%	18.47%	7.05%	5.19%	-19.29%	19.34%	17.43%	15.69%	37.7%	-7.07%	19.66%	-0.15%	7.47%	0.27%	7.38%	-0.67%	5.76%	-3.97%	7.93%	2.94%	9.44%	-6.3%	5.62%	2.29%	9.36%	-4.59%
Charge d'intérêts	-25	-29	-39	250	494	261	-	-49	-12	15	-324	-86	-74	-14	-	158	-	-147	168	32	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	839	1,250	425	604	826	299	-197	-29	181	475	33	326	1,492	1,487	1,645	1,867	1,837	1,746	1,988	1,974	2,244	2,268	2,565	2,445	2,634	2,650	3,006	3,029
Change	-	48.99%	-66%	42.12%	36.75%	-63.8%	-165.89%	85.28%	724.14%	162.43%	-93.05%	887.88%	357.67%	-0.34%	10.63%	13.5%	-1.61%	-4.95%	13.86%	-0.7%	13.68%	1.08%	13.08%	-4.65%	7.7%	0.62%	13.42%	0.78%
Net income ¹	2,625	1,081	267	469	535	468	-28	28	68	210	-98	199	1,267	1,224	1,446	1,533	1,429	1,527	1,708	1,541	1,734	1,765	1,986	1,852	1,995	2,059	2,305	2,295
Change	-	-58.82%	-75.3%	75.66%	14.07%	-12.52%	-105.98%	200%	142.86%	208.82%	-146.67%	303.06%	536.68%	-3.39%	18.14%	6.02%	-6.78%	6.86%	11.85%	-9.78%	12.55%	1.78%	12.5%	-6.74%	7.72%	3.2%	11.98%	-0.44%
Announcement Date	25/08/20	01/12/20	25/02/21	27/05/21	25/08/21	30/11/21	01/03/22	31/05/22	24/08/22	30/11/22	01/03/23	31/05/23	30/08/23	29/11/23	28/02/24	29/05/24	28/08/24	03/12/24	26/02/25	28/05/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Salesforce.com, Inc.

Fiscal Period: January	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	-9,293	55	-3,089	-4,768	-5,599	-13,163	-24,940	-34,452
Change	-	100.59%	-5,716.36%	-54.35%	-17.43%	-135.1%	-89.47%	-38.14%
Announcement Date	25/02/21	01/03/22	01/03/23	28/02/24	26/02/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Salesforce.com, Inc.

Fiscal Period: January	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	710	717	798	736	658	798	874.6	1,012
Change	-	0.99%	11.3%	-7.77%	-10.6%	21.27%	9.6%	15.75%
Free Cash Flow (FCF) ¹	4,091	5,283	6,313	9,498	12,434	13,525	15,250	17,144
Change	-	29.14%	19.5%	50.45%	30.91%	8.77%	12.75%	12.42%
Announcement Date	25/02/21	01/03/22	01/03/23	28/02/24	26/02/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Salesforce.com, Inc.

Fiscal Period: January	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	31.11%	31.14%	28.4%	36.5%	37.8%	38.96%	39.37%	42.17%
EBIT Margin (%)	17.72%	18.69%	22.54%	30.5%	32.98%	33.93%	34.98%	35.88%
EBT Margin (%)	12.05%	5.78%	2.11%	14.2%	19.63%	21.78%	23.48%	25.92%
Net margin (%)	19.16%	5.45%	0.66%	11.87%	16.35%	16.98%	18.29%	20.02%
FCF margin (%)	19.25%	19.94%	20.14%	27.25%	32.81%	32.8%	33.93%	34.62%
FCF / Net Income (%)	100.47%	365.86%	3,035.1%	229.64%	200.65%	193.22%	185.45%	172.92%
Profitability
ROA	7.54%	5.77%	5.38%	8.14%	9.8%	7.42%	8.07%	7.65%
ROE	10.8%	9.35%	8.97%	13.71%	16.44%	17.05%	18.07%	18.91%
Financial Health
Leverage (Debt/EBITDA)	-	0.01x	-	-	-	-	-	-
Debt / Free cash flow	-	0.01x	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	3.34%	2.71%	2.55%	2.11%	1.74%	1.94%	1.95%	2.04%
CAPEX / EBITDA (%)	10.74%	8.69%	8.96%	5.79%	4.59%	4.97%	4.94%	4.85%
CAPEX / FCF (%)	17.36%	13.57%	12.64%	7.75%	5.29%	5.9%	5.74%	5.9%
Items per share
Cash flow per share ¹	5.162	6.16	7.132	10.4	13.44	14.48	16.21	18.13
Change	-	19.33%	15.79%	45.82%	29.24%	7.73%	11.94%	11.84%
Dividend per Share ¹	-	-	-	-	1.6	1.66	1.752	1.86
Change	-	-	-	-	-	3.75%	5.56%	6.14%
Book Value Per Share ¹	44.62	60.87	58.83	60.62	62.81	67.13	73.08	82.01
Change	-	36.43%	-3.35%	3.04%	3.61%	6.89%	8.85%	12.23%
EPS ¹	4.38	1.48	0.21	4.2	6.36	7.211	8.437	10.36
Change	-	-66.21%	-85.81%	1,900%	51.43%	13.38%	17%	22.82%
Nbr of stocks (in thousands)	915,445	985,000	991,000	968,000	957,000	956,000	956,000	956,000
Announcement Date	25/02/21	01/03/22	01/03/23	28/02/24	26/02/25	-	-	-