Salesforce, Inc. (CRM) vs Shopify Inc. (SHOP)

CRM leads on 11 of 15 compared metrics.

A side-by-side comparison of Salesforce, Inc. and Shopify Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — CRM vs SHOP

growth of $100 · last 11y
CRM +136.4%SHOP +6267.1%SHOP compounded faster
Log scale — wide-divergence pair
101001k10k100kStart $10020172019202120232025$236$6,367
CRM SHOP

CRM vs SHOP: by the numbers

  • SHOP is the larger company ($140.46B vs $135.86B market cap).
  • CRM trades at the lower earnings multiple (19.22 vs 106.12 P/E).
  • CRM converts more revenue to profit (18.73% vs 10.77% net margin).
  • SHOP grew revenue faster over the past five years (29.11% vs 13.89% CAGR).
  • CRM pays a dividend (1.28% yield) while SHOP does not currently pay one.

Which is better, CRM or SHOP?

Metric tally: CRM 11 · SHOP 4

It depends on what you're optimizing for:

ValueCRM(lower P/E)
GrowthSHOP(faster 5Y revenue CAGR)

Valuation

MetricCRMSHOP
P/E ratio19.22106.12
Forward P/E11.7546.86
P/S ratio3.3711.41
P/B ratio4.2211.25
PEG ratio1.243.71
EV / EBITDA13.63240.76
FCF yield10.14%1.51%

Profitability

MetricCRMSHOP
Gross margin77.64%47.97%
Operating margin21.94%13.32%
Net margin18.73%10.77%
ROE23.44%10.62%
ROIC8.76%8.67%

Dividends

MetricCRMSHOP
Dividend yield1.28%
Payout ratio27.11%

Growth (annualized)

MetricCRMSHOP
Revenue CAGR (5Y)13.89%29.11%
EPS CAGR (5Y)11.87%28.61%
FCF CAGR (5Y)21.18%28.17%
Total return CAGR (5Y)-6.82%-2.79%

Frequently asked

Which is better, CRM or SHOP?
It depends on your goal. value: CRM (lower P/E); growth: SHOP (faster 5Y revenue CAGR). Across all compared metrics, CRM leads 11 to 4.
Is CRM or SHOP cheaper?
On trailing earnings, CRM is cheaper: CRM trades at a 19.22 P/E and SHOP at 106.12.
Which has grown faster, CRM or SHOP?
Over the past five years, SHOP grew revenue faster — CRM at a 13.89% CAGR versus SHOP at 29.11%.
Does CRM or SHOP pay a bigger dividend?
CRM pays a dividend (1.28% yield) while SHOP does not currently pay one.
Is CRM or SHOP more profitable?
CRM runs the higher net margin — CRM at 18.73% versus SHOP at 10.77%.
Which has been the better investment, CRM or SHOP?
Over the past 10-year, SHOP delivered the higher annualized total return — CRM at 7.51% versus SHOP at 43.95%. 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 13, 2026.