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Salesforce (LIM:CRM) Market Cap : $339,591 Mil (As of Dec. 14, 2024)


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What is Salesforce Market Cap?

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 Oct. 2024 was $298.5. Salesforce's Shares Outstanding (EOP) for the quarter that ended in Oct. 2024 was 956 Mil. Therefore, Salesforce's market cap for the quarter that ended in Oct. 2024 was $285,366 Mil.

Salesforce's quarterly market cap declined from Apr. 2024 ($270,521 Mil) to Jul. 2024 ($248,122 Mil) but then increased from Jul. 2024 ($248,122 Mil) to Oct. 2024 ($285,366 Mil).

Salesforce's annual market cap declined from Jan. 2022 ($228,093 Mil) to Jan. 2023 ($145,276 Mil) but then increased from Jan. 2023 ($145,276 Mil) to Jan. 2024 ($267,850 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 $338,258 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 Market Cap Chart

Salesforce Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 205,856.00 228,093.07 145,276.29 267,850.35

Salesforce Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 192,404.64 267,850.35 270,520.60 248,122.00 285,366.00

Competitive Comparison of Salesforce's Market Cap

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's Market Cap Distribution in the Software Industry

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

Market Cap (A: Jan. 2024 )=Share Price (A: Jan. 2024 )*Shares Outstanding (EOP) (A: Jan. 2024 )
=$275.85*971
=$267,850

Salesforce's Market Cap for the quarter that ended in Oct. 2024 is calculated as

Market Cap (Q: Oct. 2024 )=Share Price (Q: Oct. 2024 )*Shares Outstanding (EOP) (Q: Oct. 2024 )
=$298.5*956
=$285,366

* 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  (LIM: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 company’s 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

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Salesforce Business Description

Address
415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, USA, 94105
Salesforce 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.