Salesforce Historical Income Statement
CRM Stock | USD 276.67 1.50 0.55% |
Historical analysis of Salesforce income statement accounts such as Interest Expense of 346.6 M, Selling General Administrative of 3.8 B or Total Revenue of 36.6 B can show how well Salesforce performed in making a profits. Evaluating Salesforce income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Salesforce's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Salesforce latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Salesforce is a good buy for the upcoming year.
Salesforce |
About Salesforce Income Statement Analysis
Salesforce Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Salesforce shareholders. The income statement also shows Salesforce investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Salesforce Income Statement Chart
Salesforce Income Statement is one of the three primary financial statements used for reporting Salesforce's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Salesforce revenue and expense. Salesforce Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Salesforce's Operating Income is very stable compared to the past year. As of the 13th of May 2024, EBIT is likely to grow to about 6.3 B, while Minority Interest is likely to drop about 3.1 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Salesforce generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Salesforce minus its cost of goods sold. It is profit before Salesforce operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Salesforce. It is also known as Salesforce overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Salesforce's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Salesforce current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 tightly coupled 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 Operating Income is very stable compared to the past year. As of the 13th of May 2024, EBIT is likely to grow to about 6.3 B, while Minority Interest is likely to drop about 3.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 19.5B | 23.0B | 23.5B | 24.7B | Total Revenue | 26.5B | 31.4B | 34.9B | 36.6B |
Salesforce income statement Correlations
Click cells to compare fundamentals
Salesforce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Salesforce income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 2.1B | 2.8B | 3.3B | 3.8B | 5.9B | 6.2B | |
Selling General Administrative | 1.7B | 2.1B | 2.6B | 2.6B | 3.6B | 3.8B | |
Total Revenue | 17.1B | 21.3B | 26.5B | 31.4B | 34.9B | 36.6B | |
Gross Profit | 12.9B | 15.8B | 19.5B | 23.0B | 23.5B | 24.7B | |
Other Operating Expenses | 16.6B | 20.8B | 25.9B | 29.5B | 28.9B | 30.3B | |
Operating Income | 202M | (1.7B) | (663M) | 2.9B | 6.0B | 6.3B | |
Ebit | 202M | (1.7B) | (663M) | 2.9B | 6.0B | 6.3B | |
Research Development | 2.8B | 3.6B | 4.5B | 5.1B | 4.9B | 5.2B | |
Ebitda | 2.3B | 1.1B | 2.6B | 6.7B | 11.9B | 12.5B | |
Cost Of Revenue | 4.2B | 5.4B | 7.0B | 8.4B | 11.4B | 11.9B | |
Total Operating Expenses | 12.4B | 15.4B | 18.9B | 21.1B | 17.5B | 18.4B | |
Income Before Tax | 706M | 2.6B | 1.5B | 660M | 5.0B | 5.2B | |
Total Other Income Expense Net | 417M | 2.0B | 768M | (657M) | (1.0B) | (996.6M) | |
Net Income | 126M | 4.1B | 1.4B | 208M | 4.1B | 4.3B | |
Income Tax Expense | 580M | (1.5B) | 88M | 452M | 814M | 854.7M | |
Net Income Applicable To Common Shares | 126M | 4.1B | 1.4B | 208M | 239.2M | 388.6M | |
Selling And Marketing Expenses | 7.9B | 9.7B | 11.9B | 13.5B | 10.9B | 11.5B | |
Net Income From Continuing Ops | 126M | 4.1B | 1.4B | 208M | 4.1B | 4.3B | |
Non Operating Income Net Other | 409M | (64M) | (227M) | (370M) | (333M) | (316.4M) | |
Tax Provision | 580M | (1.5B) | 88M | 452M | 814M | 854.7M | |
Interest Income | 118M | 2.2B | 1.2B | 35M | 40.3M | 38.2M | |
Net Interest Income | 8M | 2.1B | 995M | (287M) | (330.1M) | (313.5M) | |
Reconciled Depreciation | 2.1B | 2.8B | 3.3B | 3.8B | 4.0B | 2.8B |
Salesforce Investors Sentiment
The influence of Salesforce's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Salesforce. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Salesforce's public news can be used to forecast risks associated with an investment in Salesforce. The trend in average sentiment can be used to explain how an investor holding Salesforce can time the market purely based on public headlines and social activities around Salesforce. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Salesforce's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Salesforce's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Salesforce's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Salesforce.
Salesforce Implied Volatility | 45.51 |
Salesforce's implied volatility exposes the market's sentiment of Salesforce stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Salesforce's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Salesforce stock will not fluctuate a lot when Salesforce's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Salesforce in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Salesforce's short interest history, or implied volatility extrapolated from Salesforce options trading.
Pair Trading with Salesforce
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Salesforce position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Salesforce will appreciate offsetting losses from the drop in the long position's value.Moving together with Salesforce Stock
0.74 | AI | C3 Ai Inc Financial Report 29th of May 2024 | PairCorr |
Moving against Salesforce Stock
0.83 | DTRK | DATATRAK International | PairCorr |
The ability to find closely correlated positions to Salesforce could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Salesforce when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Salesforce - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Salesforce to buy it.
The correlation of Salesforce is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Salesforce moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Salesforce moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Salesforce can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Salesforce Stock analysis
When running Salesforce's price analysis, check to measure Salesforce's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Salesforce is operating at the current time. Most of Salesforce's value examination focuses on studying past and present price action to predict the probability of Salesforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Salesforce's price. Additionally, you may evaluate how the addition of Salesforce to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |
Is Salesforce's industry 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 4.952 | Earnings Share 4.21 | Revenue Per Share 35.787 | Quarterly Revenue Growth 0.108 | Return On Assets 0.0377 |
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.