Salesforce
Company Growth (employees)
Salesforce was founded in 1999 and is headquartered in San Francisco, US
Key People at Salesforce
Marc Benioff
Chairman & CEO
Shinichi Koide
Chairman and CEO, Salesforce Japan
Parker Harris
Co-Founder
George Hu
Chief Operating Officer
Mark Hawkins
EVP & CFO
Anthony Fernicola
President, Global Enterprise Sales
David Havlek
Senior Vice President, Finance
Maria Martinez
President, Sales and Customer Success
Keith Block
Vice Chairman and President
Joe Allanson
SVP, Chief Accounting Officer and Controller
Jim Cavalieri
SVP
Alex Dayon
President, Products
Salesforce Office Locations
Salesforce has offices in San Francisco, Atlanta, Bellevue, Boston and in 14 other locations
San Francisco, US (HQ)
300 1 Market St
Empresarial 18 Do Forte, BR
190 Av. Copacabana
Vancouver, CA
710 375 Water St
Toronto, CA
400 10 Bay St
Tampa, US
270 4301 W Boy Scout Blvd
Spokane Valley, US
101 12825 Mirabeau Pkwy
Santa Monica, US
1442 2nd St
New York, US
685 3rd Ave
New York, US
1095 Avenue Of The Americas 1095 6th Ave
Louisville, US
270 361 Centennial Pkwy
Irvine, US
300 Spectrum Center Dr
Indianapolis, US
111 Monument Cir
Hillsboro, US
2035 Nw Cornelius Pass Rd
Herndon, US
100 2550 Wasser Terrace
Chicago, US
111 W Illinois St
Boston, US
500 Boylston St
Bellevue, US
1800 929 108th Ave Ne
Atlanta, US
3300 950 East Paces Ferry Rd Ne
Salesforce Data and Metrics
Salesforce Financial Metrics
Salesforce's revenue was reported to be $8.4 b in FY, 2017 which is a 26% increase from the previous period.
Numbers are in $, USD
Revenue (FY, 2017) | 8.4 b |
Revenue growth (FY, 2016 - FY, 2017), % | 26% |
Gross profit (FY, 2017) | 6.2 b |
Gross profit margin (FY, 2017), % | 73% |
Net income (FY, 2017) | 179.6 m |
EBIT (FY, 2017) | 64.2 m |
Market capitalization (21-Jun-2017) | 62.4 b |
Closing share price (21-Jun-2017) | 86.9 |
Cash (31-Dec-2017) | 1.6 b |
EV | 62.8 b |
Salesforce's current market capitalization is $62.4 b.
- Source: SEC Filings
| Numbers are in $, USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Revenue | 4.1 b | 5.4 b | 6.7 b | 8.4 b |
Revenue growth, % | 33% | 32% | 24% | 26% |
Cost of goods sold | 968.4 m | 1.3 b | 1.7 b | 2.2 b |
Gross profit | 3.1 b | 4.1 b | 5 b | 6.2 b |
Gross profit Margin, % | 76% | 76% | 75% | 73% |
Sales and marketing expense | 2.2 b | 2.8 b | 3.2 b | 3.9 b |
R&D expense | 623.8 m | 792.9 m | 946.3 m | 1.2 b |
General and administrative expense | 596.7 m | 679.9 m | 748.2 m | 967.6 m |
Operating expense total | 3.4 b | 4.2 b | 4.9 b | 6.1 b |
EBIT | (286.1 m) | (145.6 m) | 114.9 m | 64.2 m |
EBIT margin, % | (7%) | (3%) | 2% | 1% |
Interest expense | 77.2 m | 73.2 m | 72.5 m | 89 m |
Interest income | 10.2 m | 10 m | 15.3 m | 27.4 m |
Pre tax profit | (357.9 m) | (213.1 m) | 64.3 m | 25.4 m |
Income tax expense | 125.8 m | 49.6 m | 111.7 m | (154.2 m) |
Net Income | (232.2 m) | (262.7 m) | (47.4 m) | 179.6 m |
- Source: SEC Filings
| Numbers are in $, USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Cash | 781.6 m | 908.1 m | 1.2 b | 1.6 b |
Accounts Receivable | 1.4 b | 1.9 b | 2.5 b | 3.2 b |
Current Assets | 2.7 b | 3.6 b | 4.3 b | 6 b |
PP&E | 1.2 b | 1.1 b | 1.7 b | 1.8 b |
Goodwill | 3.5 b | 3.8 b | 3.8 b | 7.3 b |
Total Assets | 9.2 b | 10.7 b | 12.8 b | 17.6 b |
Accounts Payable | 934.3 m | 1.1 b | 1.3 b | 1.8 b |
Total Debt | 1.9 b | 1.4 b | 1.3 b | 2 b |
Current Liabilities | 4 b | 4.4 b | 5.6 b | 7.3 b |
Total Liabilities | 6.1 b | 6.7 b | 7.8 b | 10.1 b |
Common Stock | 610 k | 651 k | 671 k | 708 k |
Additional Paid-in Capital | 3.4 b | 4.6 b | 5.7 b | 8 b |
Retained Earnings | (343.2 m) | (605.8 m) | (653.3 m) | (464.9 m) |
Total Equity | 3 b | 4 b | 5 b | 7.5 b |
Debt to Equity Ratio | 0.6 x | 0.3 x | 0.3 x | 0.3 x |
Debt to Assets Ratio | 0.2 x | 0.1 x | 0.1 x | 0.1 x |
Financial Leverage | 3 x | 2.7 x | 2.6 x | 2.3 x |
| Numbers are in $, USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Net Income | (232.2 m) | (262.7 m) | (47.4 m) | 179.6 m |
Cash From Operating Activities | 875.5 m | 1.2 b | 1.6 b | 2.2 b |
Capital Expenditures | (299.1 m) | (290.5 m) | (284.5 m) | (464 m) |
Cash From Investing Activities | (2.4 b) | (698.4 m) | (1.5 b) | (2.7 b) |
Cash From Financing Activities | 1.6 b | (310.5 m) | 132.6 m | 997.7 m |
Free Cash Flow | 576.4 m | 883.3 m | 1.3 b | 1.7 b |
| Numbers are in $, USD | Y, 2017 |
|---|---|
EV/EBIT | 977.2 x |
EV/CFO | 29 x |
EV/FCF | 37 x |
Revenue/Employee | 335.7 k |
Debt/Equity | 0.3 x |
Debt/Assets | 0.1 x |
Financial Leverage | 2.3 x |
Salesforce Operating Metrics
Salesforce's Customers was reported to be 150 k in FY, 2017
- Source: Company Filings FY 2015
Salesforce Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Krux | November 01, 2016 | $700 m |
| BeyondCore | August 15, 2016 | $110 m |
| Quip | August 01, 2016 | $750 m |
| Demandware | June 01, 2016 | $2.9 b |
| Salesforce MetaMind | April 04, 2016 | $32.8 m |
| SteelBrick | December 23, 2015 | $360 m |
| Relate iq | July 11, 2014 | $390 m |
| ExactTarget | June 04, 2013 | $2.5 b |
| Salesforce Buddy Media | June 04, 2012 | $689 m |
| Salesforce Radian6 | March 30, 2011 | $326 m |
| Heroku | December 08, 2010 | $250 m |
| Jigsaw | April 21, 2010 | $142 m |
Salesforce Market Value History
Salesforce Revenue Breakdown
Salesforce Expenses Breakdown
Salesforce's employees are reported to be approximately 30% female and 70% male.
