Salesforce, Inc.

CRMNYSETechnology● Active

$182.55

$-3.11(-1.68%)

Market Cap$149.5B

P/E Ratio—

52W High$276.8

52W Low$163.52

Avg Volume14.1M

Open$183.91

Beta1.15

Overview

Salesforce, Inc. (CRM) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CRM · free cash flow · updated Jun 8, 2026

Core FCF metrics

CRM · FCF · TTM · margin & CAGR

Free cash flow was $14.40B for FY2026 (fiscal year ending 2026-01-31), up 15.8% year-over-year The FCF margin was 34.7%. Five-year CAGR stands at +28.6%.

FY2026 Free Cash Flow$14.40B▲ +15.8% YoY

Trailing 12M (TTM)$14.66Btrailing 4 quarters sum

FCF Margin34.7%$14.40B ÷ revenue

3-Year CAGR+31.6%FY2023 → FY2026

5-Year CAGR+28.6%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

CRM · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$15.00B(594M)$14.40B▲ +15.8%34.7%

FY2025$13.09B(658M)$12.43B▲ +30.9%32.8%

FY2024$10.23B(736M)$9.50B▲ +50.5%27.3%

FY2023$7.11B(798M)$6.31B▲ +19.5%20.1%

FY2022$6.00B(717M)$5.28B▲ +29.1%19.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

CRM · P/FCF · FCF yield · FCF per share

Salesforce, Inc. (CRM) trades at a FCF yield of 9.74% and a price-to-free-cash-flow ratio of 11.8x. FCF per share stands at $15.43, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

9.74%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$15.43

TTM FCF ÷ Shares Outstanding

Price / FCF

x11.8

Share Price ÷ FCF per Share

EV / FCF (TTM)

x12.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-01-31

Cash flow statement summary

CRM · cash flow statement · operating / investing / financing

For FY2026, Salesforce, Inc. generated $15.00B in operating cash flow and spent 594M in capital expenditures, yielding $14.40B in free cash flow.

Operating Activities

+$15.00B

Cash from core business operations

2026-01-31

Investing Activities

−$8.59B

CapEx, acquisitions & investments

2026-01-31

Financing Activities

−$8.08B

Buybacks, dividends & debt

2026-01-31

FCF FormulaOperating CF ($15.00B) − |CapEx| (594M) = FCF ($14.40B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

CRM vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Salesforce, Inc.YOU

CRM

$14.40B+15.8%34.7%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Salesforce, Inc. (CRM) reported free cash flow of $14.40B for FY2026 (fiscal year ending 2026-01-31), up 15.8% year-over-year. The FCF margin was 34.7%.

Based on available data, Salesforce, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $14.40B in FY2026. The 5-year CAGR stands at +28.6%.

Salesforce, Inc.'s FCF yield is 9.74% and price-to-FCF ratio is 11.8x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

CRM free cash flow · 8 questions

Salesforce, Inc. free cash flow was $14.40B for FY2026, up 15.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $14.66B.

CRM free cash flowCRM FCFCRM FCF 2026CRM free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Salesforce, Inc. · Salesforce, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026