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).
Total return — APP vs CRM
growth of $100 · last 5yAPP +619.9%CRM -35.6%APP compounded faster
Log scale — wide-divergence pair
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 6It depends on what you're optimizing for:
ValueCRM(lower P/E)
GrowthAPP(faster 5Y revenue CAGR)
QualityAPP(higher ROIC)
Metrics side by side
Valuation
| Metric | APP | CRM |
|---|---|---|
| P/E ratio | 40.33 | 17.40● |
| Forward P/E | 21.92 | 10.62● |
| P/S ratio | 25.79 | 3.05● |
| P/B ratio | 67.27 | 3.82● |
| PEG ratio | 0.62● | 1.24 |
| EV / EBITDA | 32.32 | 11.69● |
| FCF yield | 2.77% | 11.21%● |
Profitability
| Metric | APP | CRM |
|---|---|---|
| Gross margin | 88.37%● | 77.64% |
| Operating margin | 77.09%● | 21.94% |
| Net margin | 64.29%● | 18.73% |
| ROE | 167.67%● | 23.44% |
| ROIC | 60.71%● | 8.76% |
Dividends
| Metric | APP | CRM |
|---|---|---|
| Dividend yield | — | 1.14% |
| Payout ratio | — | 21.81% |
Growth (annualized)
| Metric | APP | CRM |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
AppLovin P/E ratioSalesforce P/E ratioAppLovin dividend yieldSalesforce dividend yieldAppLovin ROESalesforce ROEAppLovin operating marginSalesforce operating marginAppLovin revenue growthSalesforce revenue growthAppLovin free cash flowSalesforce free cash flow
AppLovin & Salesforce appear in these rankings
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.