Salesforce share price today

Salesforce, Inc.'s share price was $227.17 at the close on 4 November 2026. It has been stalling near its high for 12 weeks. That is 14.6% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 14 weeks in a row.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Salesforce, Inc. is in stage 3. The phase helps read everything below.

In the last 52 weeks it traded between $152 and $266, and at that close it sat 66% of the way up from that low.

Over the last 10 years the share price moved +181% while the S&P 500 moved +261%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Salesforce, Inc. paid $1.71 per share over the last four reported quarters. The most recent declaration was $0.44 for Jul 2026. At today's price of $227.17 that is a yield of 0.75%, based on dividends already paid, not a forecast.

A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.

Salesforce is on 3 of our US lists: S&P 500 companies, Dow Jones 30 stocks and US tech stocks.

Salesforce, Inc. earned $3.5 B of net profit in the Jul 2026 quarter, +86.9% on the same quarter a year earlier. That is the 10th quarter in a row of profit growth. Full-year FY26 profit was $7.5 B. Over 4 years profit has grown 50.7% a year on average. That is 31.1% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned $1.9 B.

For the full year, FY26 profit was $7.5 B (+20.3% on the year before).

Why profit moved: revenue changed +10.8% on a year earlier and the margin moved −1.4 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +43.5% and revenue +11.2%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.

Salesforce, Inc. reported $11.3 B of revenue in the Jul 2026 quarter, +10.8% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 11.9% a year on average. The last full year, FY26, came in at $41.5 B.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to $43.9 B.

FY26 revenue was $41.5 B, +9.6% on the year before.

Recent pace: the last four quarters grew +11.2% on average, against 11.9% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +11.2%, against +9.8% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +45.0%, against +31.0% a year (accelerating).

Salesforce, Inc.'s operating margin was 21.4% in the Jul 2026 quarter, 1.4 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 2.1% and 21.5%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −1.4 percentage points on the year while gross margin changed −1.4 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

Over the last 3 years, 215% of Salesforce, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $15.0 B of operating cash against $7.5 B of profit. After $594 M of spending on assets, $14.4 B was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Salesforce, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $2.0 B on assets over the last 3 years. Averaged over those years that is 1.6% of FY26 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $2.0 B over the last 3 years.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Salesforce, Inc.'s P/E is 21.1×, near the low end of its own history: it has been lower only 7% of the time. Its usual P/E (the middle reading) is 51.3×, over 4.5 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.