Salesforce Gross Profit Margin vs Pretax Profit Margin Analysis
CRM Stock | USD 344.43 1.53 0.45% |
Salesforce financial indicator trend analysis is much more than just breaking down Salesforce prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Salesforce is a good investment. Please check the relationship between Salesforce Gross Profit Margin and its Pretax Profit Margin accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Salesforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.
Gross Profit Margin vs Pretax Profit Margin
Gross Profit Margin vs Pretax Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Salesforce Gross Profit Margin account and Pretax Profit Margin. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Salesforce's Gross Profit Margin and Pretax Profit Margin is 0.91. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Pretax Profit Margin in the same time period over historical financial statements of Salesforce, assuming nothing else is changed. The correlation between historical values of Salesforce's Gross Profit Margin and Pretax Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Salesforce are associated (or correlated) with its Pretax Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pretax Profit Margin has no effect on the direction of Gross Profit Margin i.e., Salesforce's Gross Profit Margin and Pretax Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit Margin
Pretax Profit Margin
Most indicators from Salesforce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Salesforce current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Salesforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.At this time, Salesforce's Selling General Administrative is very stable compared to the past year. As of the 24th of December 2024, Tax Provision is likely to grow to about 854.7 M, while Enterprise Value Multiple is likely to drop 28.73.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 19.5B | 23.0B | 26.3B | 27.6B | Total Revenue | 26.5B | 31.4B | 34.9B | 36.6B |
Salesforce fundamental ratios Correlations
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Salesforce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Salesforce fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 55.1B | 66.3B | 95.2B | 98.8B | 99.8B | 104.8B | |
Total Stockholder Equity | 33.9B | 41.5B | 58.1B | 58.4B | 59.6B | 62.6B | |
Retained Earnings | 1.9B | 5.9B | 7.4B | 7.6B | 11.7B | 12.3B | |
Non Current Assets Total | 39.2B | 44.4B | 72.4B | 72.5B | 70.7B | 74.3B | |
Non Currrent Assets Other | 1.3B | 1.7B | 2.3B | 2.7B | 2.5B | 2.6B | |
Other Assets | 1.4B | 4.4B | 5.0B | 2.8B | 3.2B | 3.4B | |
Common Stock Shares Outstanding | 850M | 930M | 974M | 997M | 984M | 642.1M | |
Liabilities And Stockholders Equity | 55.1B | 66.3B | 95.2B | 98.8B | 99.8B | 104.8B | |
Non Current Liabilities Total | 6.4B | 7.1B | 15.3B | 14.6B | 13.5B | 14.2B | |
Other Stockholder Equity | 32.1B | 35.6B | 50.9B | 51.0B | 48.1B | 50.6B | |
Total Liab | 21.2B | 24.8B | 37.1B | 40.5B | 40.2B | 42.2B | |
Short Long Term Debt Total | 5.9B | 6.3B | 14.0B | 14.1B | 13.6B | 14.2B | |
Other Current Liab | 11.4B | 12.6B | 5.5B | 6.7B | 3.2B | 2.5B | |
Total Current Liabilities | 14.8B | 17.7B | 21.8B | 25.9B | 26.6B | 28.0B | |
Other Liab | 946M | 1.5B | 2.0B | 1.7B | 2.0B | 2.1B | |
Property Plant And Equipment Net | 5.4B | 5.7B | 5.7B | 6.6B | 6.1B | 6.4B | |
Current Deferred Revenue | 10.7B | 12.6B | 15.6B | 17.4B | 19.0B | 20.0B | |
Net Debt | 1.7B | 86M | 8.5B | 7.1B | 5.1B | 5.3B | |
Accounts Payable | 3.4B | 4.4B | 5.5B | 6.7B | 3.2B | 3.4B | |
Cash | 4.1B | 6.2B | 5.5B | 7.0B | 8.5B | 8.9B | |
Cash And Short Term Investments | 7.9B | 12.0B | 10.5B | 12.5B | 14.2B | 14.9B | |
Net Receivables | 6.2B | 7.8B | 9.7B | 10.8B | 11.4B | 12.0B | |
Short Term Investments | 3.8B | 5.8B | 5.1B | 5.5B | 5.7B | 6.0B | |
Inventory | 926M | 1.1B | 1.5B | 1.8B | 2.0B | 2.1B | |
Other Current Assets | 916M | 991M | 1.1B | 1.4B | 3.5B | 3.6B | |
Property Plant And Equipment Gross | 7.2B | 7.6B | 8.1B | 9.3B | 9.2B | 9.7B | |
Total Current Assets | 16.0B | 21.9B | 22.9B | 26.4B | 29.1B | 30.5B | |
Accumulated Other Comprehensive Income | (93M) | (42M) | (166M) | (274M) | (225M) | (213.8M) | |
Short Term Debt | 750M | 766M | 686M | 1.8B | 1.5B | 1.6B | |
Property Plant Equipment | 5.4B | 5.7B | 5.7B | 6.6B | 7.6B | 8.0B | |
Intangible Assets | 5.3B | 4.1B | 9.0B | 7.1B | 5.3B | 5.5B | |
Good Will | 25.1B | 26.3B | 47.9B | 48.6B | 48.6B | 51.1B | |
Net Tangible Assets | 4.0B | 11.1B | 1.2B | 2.7B | 3.1B | 1.8B | |
Retained Earnings Total Equity | 1.9B | 5.9B | 7.4B | 7.6B | 8.7B | 9.2B | |
Capital Surpluse | 32.1B | 35.6B | 50.9B | 55.0B | 63.3B | 66.5B |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Salesforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Salesforce. If investors know Salesforce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Salesforce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.148 | Earnings Share 6.07 | Revenue Per Share 37.632 | Quarterly Revenue Growth 0.084 | Return On Assets 0.0471 |
The market value of Salesforce is measured differently than its book value, which is the value of Salesforce that is recorded on the company's balance sheet. Investors also form their own opinion of Salesforce's value that differs from its market value or its book value, called intrinsic value, which is Salesforce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Salesforce's market value can be influenced by many factors that don't directly affect Salesforce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Salesforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salesforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salesforce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.