AppLovin Corporation (APP) vs Salesforce, Inc. (CRM)

APP leads on 10 of 16 compared metrics, though CRM is the cheaper stock.

A side-by-side comparison of AppLovin Corporation and Salesforce, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 23, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — APP vs CRM

growth of $100 · last 5y
APP +619.9%CRM -35.6%APP compounded faster
Log scale — wide-divergence pair
101001k10kStart $10020222023202420252026$720$64
APP CRM

APP vs CRM: by the numbers

  • APP is the larger company ($157.69B vs $122.95B market cap).
  • CRM trades at the lower earnings multiple (17.40 vs 40.33 P/E).
  • APP converts more revenue to profit (64.29% vs 18.73% net margin).
  • APP grew revenue faster over the past five years (27.99% vs 13.89% CAGR).
  • CRM pays a dividend (1.14% yield) while APP does not currently pay one.

Which is better, APP or CRM?

Metric tally: APP 10 · CRM 6

It depends on what you're optimizing for:

ValueCRM(lower P/E)
GrowthAPP(faster 5Y revenue CAGR)
QualityAPP(higher ROIC)

Metrics side by side

Valuation

MetricAPPCRM
P/E ratio40.3317.40
Forward P/E21.9210.62
P/S ratio25.793.05
P/B ratio67.273.82
PEG ratio0.621.24
EV / EBITDA32.3211.69
FCF yield2.77%11.21%

Profitability

MetricAPPCRM
Gross margin88.37%77.64%
Operating margin77.09%21.94%
Net margin64.29%18.73%
ROE167.67%23.44%
ROIC60.71%8.76%

Dividends

MetricAPPCRM
Dividend yield1.14%
Payout ratio21.81%

Growth (annualized)

MetricAPPCRM
Revenue CAGR (5Y)27.99%13.89%
EPS CAGR (5Y)73.54%11.87%
FCF CAGR (5Y)79.57%21.18%
Total return CAGR (5Y)42.36%-8.88%

Frequently asked

Which is better, APP or CRM?
It depends on your goal. value: CRM (lower P/E); growth: APP (faster 5Y revenue CAGR); quality: APP (higher ROIC). Across all compared metrics, APP leads 10 to 6.
Is APP or CRM cheaper?
On trailing earnings, CRM is cheaper: APP trades at a 40.33 P/E and CRM at 17.40.
Which has grown faster, APP or CRM?
Over the past five years, APP grew revenue faster — APP at a 27.99% CAGR versus CRM at 13.89%.
Does APP or CRM pay a bigger dividend?
CRM pays a dividend (1.14% yield) while APP does not currently pay one.
Is APP or CRM more profitable?
APP runs the higher net margin — APP at 64.29% versus CRM at 18.73%.
Which has been the better investment, APP or CRM?
Over the past 5-year, APP delivered the higher annualized total return — APP at 42.36% versus CRM at 6.60%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 23, 2026.