Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Salesforce's share price for the quarter that ended in Jan. 2024 was $281.09. Salesforce's Shares Outstanding (EOP) for the quarter that ended in Jan. 2024 was 971 Mil. Therefore, Salesforce's market cap for the quarter that ended in Jan. 2024 was $272,938 Mil.
Salesforce's quarterly market cap
declined
from Jul. 2023 ($219,385 Mil) to Oct. 2023 ($194,604 Mil) but then
increased
from Oct. 2023 ($194,604 Mil) to Jan. 2024 ($272,938 Mil).
Salesforce's annual market cap
declined
from Jan. 2022 ($230,071 Mil) to Jan. 2023 ($164,779 Mil) but then
increased
from Jan. 2023 ($164,779 Mil) to Jan. 2024 ($272,938 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Salesforce's Enterprise Value for Today is $262,156 Mil.
Salesforce Market Cap Historical Data
The historical data trend for Salesforce's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Salesforce Annual Data
Trend
Jan15
Jan16
Jan17
Jan18
Jan19
Jan20
Jan21
Jan22
Jan23
Jan24
Market Cap
162,802.83
207,289.64
230,071.07
164,778.57
272,938.39
Salesforce Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Market Cap
164,778.57
193,807.49
219,384.75
194,604.27
272,938.39
Competitive Comparison
For the Software - Application subindustry, Salesforce's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Salesforce Market Cap Distribution
For the Software industry and Technology sector, Salesforce's Market Cap distribution charts can be found below:
* The bar in red indicates where Salesforce's Market Cap falls into.
Salesforce Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Salesforce's Market Cap for the fiscal year that ended in Jan. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Salesforce (NYSE:CRM) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Salesforce Market Cap Related Terms
Thank you for viewing the detailed overview of Salesforce's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Salesforce Inc provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
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