Salesforce (CRM) vs Cloudflare (NET)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Cloudflare (NET) has outperformed Salesforce (CRM) over the past year, gaining 57.8% versus a loss of 6.3%. Over five years, NET leads with a +104.5% price change compared with -23.0% for CRM. Salesforce is the larger company by market cap ($184.81 billion vs $122.12 billion), about 1.5 times the size, while Cloudflare is growing revenue faster (+29.8% vs +9.6%).
On valuation, Salesforce trades at a lower forward P/E (14.0x vs 204.6x for Cloudflare). Salesforce pays a dividend yielding 0.76%, while Cloudflare does not currently pay one. Salesforce converts more of its revenue into profit, with a net margin of 18.0% versus -4.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CRM | NET |
|---|---|---|
| Share price | $224.56 | $342.97 |
| Market cap | $184.81B | $122.12B |
| 1-day change | -0.19% | -3.39% |
| YTD return | -15.23% | +73.96% |
| 1-year return | -6.33% | +57.77% |
| 5-year return | -23.01% | +104.53% |
| P/E ratio (TTM) | 20.55 | — |
| Forward P/E | 14.02 | 204.62 |
| EPS (TTM) | $10.93 | $-0.58 |
| Dividend yield | 0.76% | 0.00% |
| Annual dividend | $1.71 | $0.00 |
| Revenue (latest FY) | $41.52B | $2.17B |
| Revenue growth (YoY) | +9.58% | +29.85% |
| Net income (latest FY) | $7.46B | $-102.27M |
| Gross margin | 77.68% | 74.51% |
| Operating margin | 20.06% | -9.56% |
| Net margin | 17.96% | -4.72% |
| 52-week high | $269.11 | $370.35 |
| 52-week low | $146.32 | $158.83 |
| Distance from 52-week high | -16.55% | -7.39% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +26.18% | -0.95% |
| Average volume | 13.52M | 3.35M |
| Shares outstanding | 823.00M | 322.62M |
| Employees | 83,334 | 5,156 |
| Sector | Technology | Technology |
| Industry | Software - Application | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NET has outperformed CRM by 64.1 percentage points over the past year.
- Salesforce is more profitable, keeping 18.0 cents of every revenue dollar as net income versus -4.7 cents for Cloudflare.
- Cloudflare grew revenue faster in its latest fiscal year (+29.85% vs +9.58%).
About Salesforce
CRM stock →Salesforce, Inc. provides customer relationship management technology services that connect companies and customers together in the United States, Europe, and the Asia Pacific.
Technology · Software - Application · 83,334 employees
About Cloudflare
NET stock →Cloudflare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide.
Technology · Computer Software: Prepackaged Software · 5,156 employees
CRM vs NET FAQ
Which is bigger, Salesforce or Cloudflare?
Salesforce (CRM) is larger, with a market capitalization of $184.81B compared with $122.12B for Cloudflare (NET).
Which stock has performed better over the past year, CRM or NET?
NET returned +57.77% over the past 12 months, compared with -6.33% for CRM (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Salesforce or Cloudflare?
Salesforce pays a dividend yielding 0.76%, while Cloudflare does not currently pay a regular dividend.
Are Salesforce and Cloudflare in the same industry?
Both are in the Technology sector, but in different industries: Software - Application for Salesforce and Computer Software: Prepackaged Software for Cloudflare.