CRM (Salesforce) ROA %: 7.70% (As of Apr. 2026) — 144% Above Median


CRM Salesforce Inc CRM
77 GF Score
Price $152.76
GF Value $323.18
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Salesforce ROA %?

Salesforce CRM -0.43% 77 ROA % is 7.70% as of Apr. 2026, which is 144% above its 10-year median of 3.15. GuruFocus rates CRM with a GF Score™ of 77/100 and a GF Value™ of $323.18 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,883 Software companies, Salesforce ranks better than 75.37% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Salesforce's annualized Net Income for the quarter that ended in Apr. 2026 was $8,428 Mil. Salesforce's average Total Assets over the quarter that ended in Apr. 2026 was $109,493 Mil. Therefore, Salesforce's annualized ROA % for the quarter that ended in Apr. 2026 was 7.70%.

The historical rank and industry rank for Salesforce's ROA % or its related term are showing as below:

CRM' s ROA % Range Over the Past 10 Years
Min: 0.21   Med: 3.15   Max: 7.86
Current: 7.86

During the past 13 years, Salesforce's highest ROA % was 7.86%. The lowest was 0.21%. And the median was 3.15%.

CRM's ROA % is ranked better than
75.37% of 2883 companies
in the Software industry
Industry Median: 1.68 vs CRM: 7.86

Salesforce  (NYSE:CRM) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=8428/109492.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8428 / 44532)*(44532 / 109492.5)
=Net Margin %*Asset Turnover
=18.93 %*0.4067
=7.70 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Salesforce ROA % Related Terms


Salesforce ROA % Historical Data

* Premium members only.

The historical data trend for Salesforce's ROA % 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.

Salesforce ROA % Chart

Salesforce Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 0.21 4.16 6.11 6.93

Salesforce Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
ROA % 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 6.12 7.69 8.66 7.49 7.70

CRM vs SHOP, UBER, NOW: ROA % Comparison

For the Software - Application subindustry, Salesforce's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Software Industry

For the Software industry and Technology sector, Salesforce's ROA % distribution charts can be found below:

* The bar in red indicates where Salesforce's ROA % falls into.


CRM
77GF Score
Salesforce Inc CRM
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Salesforce ROA % Calculation

Salesforce's annualized ROA % for the fiscal year that ended in Jan. 2026 is calculated as:

ROA %=Net Income (A: Jan. 2026 )/( (Total Assets (A: Jan. 2025 )+Total Assets (A: Jan. 2026 ))/ count )
=7457/( (102928+112305)/ 2 )
=7457/107616.5
=6.93 %

Salesforce's annualized ROA % for the quarter that ended in Apr. 2026 is calculated as:

ROA %=Net Income (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=8428/( (112305+106680)/ 2 )
=8428/109492.5
=7.70 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Apr. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 7.70% mean?
Salesforce (CRM) has a ROA % of 7.70% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Salesforce and its competitors. This is 144% above median its historical median of 3.15. Over the past decade, Salesforce's ROA % has ranged from 0.21 to 7.86. According to the industry distribution chart, Salesforce ranks #710 out of 2883 companies in the Software industry, placing it in the top 24.6%.
Is Salesforce's ROA % too high?
Salesforce's current ROA % of 7.70% is 144% above median its 10-year median of 3.15. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 7.86. The Software industry median ROA % is 1.68. Salesforce's value of 7.70% is 358.3% above this industry median. Based on the distribution chart, Salesforce ranks #710 out of 2883 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Salesforce has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Salesforce's ROA % compare to SHOP and UBER?
According to the Software industry distribution chart, Salesforce ranks #710 out of 2883 companies for ROA %. This places Salesforce in the top 25% of its industry — outperforming the majority of peers. The industry median ROA % is 1.68. Salesforce's value of 7.70% is 358.3% above this benchmark. Historically, Salesforce's own ROA % has ranged from 0.21 to 7.86 over the past decade. While the company's 10-year median is 3.15 vs. the industry median of 1.68, Salesforce has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Software company?
The median ROA % among Software companies is 1.68, based on 2,883 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Salesforce's current ROA % of 7.70% is 358.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Salesforce and its competitors. For the Software industry, the median ROA % is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salesforce's current ROA % is 7.70%, which is 144% above median its own 10-year median of 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salesforce stock overvalued right now?
Based on GuruFocus' analysis, Salesforce (CRM) is currently considered Significantly Undervalued. The stock's GF Value™ is $323.18, compared to a current price of $152.76 — trading 52.7% below its estimated fair value. The current ROA % is 7.70%, which is 144% above median its 10-year median of 3.15 and 358.3% above the Software industry median of 1.68. Salesforce's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Salesforce (CRM), the current ROA % is 7.70% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Salesforce (CRM) Overvalued in 2026?

Based on GuruFocus' analysis, Salesforce stock appears to be undervalued. The current stock price of $152.76 is trading 52.7% below its estimated GF Value™ of $323.18. GuruFocus considers Salesforce to be Significantly Undervalued.

Key valuation signals for CRM:

  • ROA %: 7.70% (144% above median its 10-year median of 3.15)
  • GF Value™: $323.18 vs. price of $152.76 (52.7% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 358.3% above the Software median (#710 of 2883)

No single metric tells the full story. See the CRM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 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.
77GF Score

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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$152.76
Price
$323.18
GF Value