Salesforce price to free cash flow CRM

Market value divided by free cash flow over the last twelve months, since 2010.

Today, Oct 23, 2026: 13.5×
10-year median: 31.8×
Against its 10-year history: 7th; percentile: 0 is its lowest day, 100 its highest
10-year range: 8.5× to 50.4×
Peer median: 35.9×

Salesforce's price to free cash flow is 13.5× as of Oct 23, 2026.

That is below its ten-year median of 31.8×, lower than on 93% of days in the last ten years.

Over that time it ranged from 8.5× in Jun 2026 to 50.4× in Aug 2020.

The median for 10 application software stocks of a similar size is 35.9×.

Price to free cash flow over time

median 31.8×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	13.5×	8.5×	18.9×
2025	19.3×	17.3×	27.5×
2024	27.3×	19.8×	34.8×
2023	28.9×	25.3×	34.1×
2022	23.9×	23.1×	41.0×
2021	n/m a value too high to mean anything
2020	50.4×	32.6×	50.4×
2019	43.6×	34.1×	49.3×
2018	40.4×	36.1×	49.7×
2017	39.9×	33.7×	41.8×
2016	31.2×	31.1×	41.1×
2015	44.0×	37.1×	55.3×
2014	45.8×	39.7×	64.3×
2013	54.2×	35.6×	57.3×
2012	44.3×	34.7×	52.9×
2011	36.4×	35.1×	60.7×
2010	54.7×	42.3×	62.3×

Against its peers

Companies in Software - Application nearest Salesforce's size, closest first, today.

Company	Price to free cash flow
CRMSalesforce	13.5×
SHOPShopify	92.3×
NOWServiceNow	35.9×
UBERUber Technologies	13.5×
ADPAutomatic Data Processing	23.0×
SNOWSnowflake	96.1×
ADBEAdobe	9.7×
DDOGDatadog	81.9×
INTUIntuit	10.6×
CDNSCadence Design Systems	51.9×
APPAppLovin	n/m
Peer median	35.9×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Salesforce

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.