Salesforce

OverviewSuggest Edit

Salesforce is a cloud computing company that provides business software on a subscription basis. It develops enterprise cloud computing solutions with a focus on customer relationship management. The сompany offers Sales Cloud to store data, monitor leads and progress, forecast opportunities, and gain insights through analytics and relationship intelligence, as well as deliver quotes, contracts, and invoices.
TypePublic
Founded1999
HQSan Francisco, USMap
Websitesalesforce.com
Employee Ratings4.3More
Culture scoreA+More
View Jobs (1,034)

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Latest Updates

Employees (est.) (Jan 2020)49,000(+40%)
Job Openings1,034
Revenue (FY, 2020)$17.1 B(+29%)
Share Price (May 2020)$177.9 (+2%)

Key People/Management at Salesforce

Evan Goldstein

Evan Goldstein

Sr. Vice President
Marc Benioff

Marc Benioff

Chair & Chief Executive Officer
Parker Harris

Parker Harris

Co-Founder, Director
Matthew Puljiz

Matthew Puljiz

Sr. Director
Mark Hawkins

Mark Hawkins

President and Chief Financial Officer
Elizabeth Pinkham

Elizabeth Pinkham

Executive Vice President, Global Real Estate
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Salesforce Office Locations

Salesforce has offices in San Francisco, Alpharetta, Atlanta, Bellevue and in 59 other locations
San Francisco, US (HQ)
415 Mission St 3rd Floor, San Francisco
Alpharetta, US
8000 Avalon Boulevard
Atlanta, US
950 East Paces Ferry Rd NE
Bellevue, US
929 108th Ave NE #1800
Boston, US
500 Boylston St
Chicago, US
111 W Illinois St
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Salesforce Financials and Metrics

Salesforce Revenue

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Salesforce's revenue was reported to be $17.10 b in FY, 2020 which is a 28.7% increase from the previous period.
USD

Revenue (FY, 2020)

17.1b

Revenue growth (FY, 2019 - FY, 2020), %

28.7%

Gross profit (FY, 2020)

12.9b

Gross profit margin (FY, 2020), %

75.2%

Net income (FY, 2020)

126.0m

EBIT (FY, 2020)

297.0m

Market capitalization (22-May-2020)

160.0b

Closing stock price (22-May-2020)

177.9

Cash (31-Jan-2020)

4.1b

EV

161.7b
Salesforce's current market capitalization is $160 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

10.5b13.3b17.1b

Revenue growth, %

25%27%29%

Cost of goods sold

2.8b3.5b4.2b

Gross profit

7.7b9.8b12.9b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

3.0b3.3b3.4b3.7b4.0b4.5b

Cost of goods sold

767.0m849.0m889.0m914.0m967.0m1.1b

Gross profit

2.2b2.4b2.5b2.8b3.0b3.4b

Gross profit Margin, %

74%74%74%76%76%75%
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

2.5b2.7b4.1b

Accounts Receivable

3.9b4.9b6.2b

Prepaid Expenses

390.4m629.0m916.0m

Current Assets

9.3b10.7b16.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

5.9b2.3b2.1b4.1b3.5b3.9b

Accounts Receivable

1.8b2.0b2.0b2.2b2.3b2.6b

Prepaid Expenses

562.0m726.0m700.0m717.0m743.0m1.1b

Current Assets

10.2b6.8b6.9b10.0b9.9b11.0b
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

127.5m1.1b126.0m

Depreciation and Amortization

752.6m962.0m2.1b

Accounts Payable

308.2m74.0m15.0m

Cash From Operating Activities

2.7b3.4b4.3b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

344.0m643.0m748.0m392.0m483.0m374.0m

Depreciation and Amortization

181.0m433.0m689.0m437.0m894.0m1.5b

Accounts Payable

(456.0m)(277.0m)(311.0m)15.0m41.0m63.0m

Cash From Operating Activities

1.5b1.9b2.1b2.0b2.4b2.7b
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USDY, 2020

EV/EBIT

544.4 x

EV/CFO

37.3 x

Revenue/Employee

348.9k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.6 x

P/E Ratio

1.2k
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Salesforce Operating Metrics

Salesforce's Customers was reported to be 150 k in FY, 2018.
FY, 2015FY, 2016FY, 2017Jul, 2017FY, 2018

Customers

150 k150 k150 k150 k150 k

Average Daily Transactions

2.30 b5 b

Transactions

976 b

Countries

25
Show all operating metrics

Salesforce Acquisitions / Subsidiaries

Company NameDateDeal Size
The CMO ClubMarch 02, 2020
VlocityFebruary 25, 2020$1.33 b
EvergageFebruary 10, 2020
ClickSoftwareAugust 08, 2019$1.35 b
Tableau SoftwareJune 10, 2019$15.70 b
Salesforce MapsApril 17, 2019
RebelOctober 05, 2018
DatoramaJuly 12, 2018$800 m
MuleSoftMarch 20, 2018$6.50 b
CloudCrazeMarch 13, 2018
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Salesforce Revenue Breakdown

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Salesforce revenue breakdown by business segment: 6.2% from Professional Services and Other and 93.8% from Subscription and Support

Salesforce revenue breakdown by geographic segment: 9.5% from Asia Pacific, 70.5% from Americas and 20.1% from Europe

Human Capital Metrics

Source: fortune.com, www.salesforce.com
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Salesforce Online and Social Media Presence

Salesforce's Trends

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Salesforce Company Culture

  • Overall Culture

    A+

    80/100

  • CEO Rating

    A+

    91/100

  • Compensation

    A+

    84/100

  • Diversity

    A

    77/100

Learn more on Comparably

Salesforce News and Updates

May 21, 2020

Salesforce Commerce Cloud releases four quick-start pandemic business packs

Salesforce Commerce Cloud CEO Mike Micucci says that they were hearing from customers they needed help. Salesforce decided to build four packages of services very quickly for customers specifically designed to help conduct business during COVID-19.
May 13, 2020

Salesforce Appoints Gavin Patterson President and Chief Revenue Officer

Salesforce (NYSE: CRM), the global leader in CRM, today announced the appointment of Gavin Patterson as President and Chief Revenue Officer. Patterson, who has served as the company's President and CEO of Salesforce International, will lead the company's global sales organization and will continue t…
May 05, 2020

Salesforce unveils tools for a post-pandemic return to the office

Work.com contains apps and information resources to support organizations as business looks to resume operations in many countries.
April 29, 2020

Salesforce cancels Dreamforce, will hold all events online through year's end

Salesforce.com Inc. CRM, +1.47% announced late Wednesday it is canceling its massive Dreamforce conference, as well as its other major in-person events through the end of the year due to the coronavirus pandemic.
March 11, 2020

Salesforce names new head of R&D in Israel

U.S. cloud-based service provider Salesforce said on Wednesday it appointed Efi Cohen to head its research and development centres in Israel.
February 26, 2020

Co-CEO Keith Block Is Departing Salesforce, Leaving Marc Benioff In Sole Charge

As well as shaking up its top leadership, Salesforce said it's paying $1.33 billion for Vlocity, a provider of cloud and mobile software.
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Salesforce Blogs

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 Salesforce Frequently Asked Questions

  • When was Salesforce founded?

    Salesforce was founded in 1999.

  • Who are Salesforce key executives?

    Salesforce's key executives are Evan Goldstein, Marc Benioff and Parker Harris.

  • How many employees does Salesforce have?

    Salesforce has 49,000 employees.

  • What is Salesforce revenue?

    Latest Salesforce annual revenue is $17.1 b.

  • What is Salesforce revenue per employee?

    Latest Salesforce revenue per employee is $348.9 k.

  • Who are Salesforce competitors?

    Competitors of Salesforce include Appian, Atlassian and Microsoft.

  • Where is Salesforce headquarters?

    Salesforce headquarters is located at 415 Mission St 3rd Floor, San Francisco, San Francisco.

  • Where are Salesforce offices?

    Salesforce has offices in San Francisco, Alpharetta, Atlanta, Bellevue and in 59 other locations.

  • How many offices does Salesforce have?

    Salesforce has 67 offices.