Clearwater Analytics [CWAN] vs Salesforce [CRM] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: Clearwater Analytics Holdings Inc. wins in 4 metrics, Salesforce Inc. wins in 15 metrics, with 0 ties. Salesforce Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Clearwater Analytics Holdings Inc. Salesforce Inc. Better
P/E Ratio (TTM) 14.84 23.99 Clearwater Analytics Holdings Inc.
Price-to-Book Ratio 3.48 2.94 Salesforce Inc.
Debt-to-Equity Ratio 42.36 29.95 Salesforce Inc.
PEG Ratio -0.15 1.42 Salesforce Inc.
EV/EBITDA 91.22 14.41 Salesforce Inc.
Profit Margin (TTM) -5.31% 17.96% Salesforce Inc.
Operating Margin (TTM) -3.10% 19.24% Salesforce Inc.
EBITDA Margin (TTM) N/A 19.24% N/A
Return on Equity -2.63% 12.40% Salesforce Inc.
Return on Assets (TTM) 0.03% 5.18% Salesforce Inc.
Free Cash Flow (TTM) $154.10M $14.40B Salesforce Inc.
Dividend Yield N/A 0.65% N/A
1-Year Return 10.04% -35.80% Clearwater Analytics Holdings Inc.
Price-to-Sales Ratio (TTM) 9.83 4.16 Salesforce Inc.
Enterprise Value $7.90B $180.85B Salesforce Inc.
EV/Revenue Ratio 10.80 4.36 Salesforce Inc.
Gross Profit Margin (TTM) 67.24% 77.61% Salesforce Inc.
Revenue per Share (TTM) $3 $44 Salesforce Inc.
Earnings per Share (Diluted) $-0.14 $7.80 Salesforce Inc.
Beta (Stock Volatility) 0.64 1.29 Clearwater Analytics Holdings Inc.
Short % of Float 5.79% 11.00% Clearwater Analytics Holdings Inc.

Clearwater Analytics Holdings Inc. vs Salesforce Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Clearwater Analytics Holdings Inc.-0.29%-0.53%-0.37%3.59%13.95%0.62%
Salesforce Inc.-0.81%-9.86%-5.16%-17.04%-35.36%-35.12%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Clearwater Analytics Holdings Inc.10.04%53.21%-4.10%-4.10%-4.10%-4.10%
Salesforce Inc.-35.80%-21.66%-31.67%106.07%375.60%2,293.80%

Performance & Financial Health Analysis: Clearwater Analytics Holdings Inc. vs Salesforce Inc.

MetricCWANCRM
Market Information
Market Cap i$7.19B$159.96B
Market Cap CategoryMid capLarge cap
10 Day Avg. Volume i3,112,22114,778,934
90 Day Avg. Volume i4,240,96713,868,465
Last Close$24.26$164.55
52 Week Range$15.73 - $24.43$161.40 - $276.80
% from 52W High-0.70%-40.55%
All-Time High$35.71 (Nov 04, 2024)$369.00 (Dec 02, 2024)
% from All-Time High-32.06%-55.41%
Growth Metrics
Quarterly Revenue Growth0.72%0.12%
Quarterly Earnings Growth0.72%0.14%
Financial Health
Profit Margin (TTM) i-0.05%0.18%
Operating Margin (TTM) i-0.03%0.19%
Return on Equity (TTM) i-0.03%0.12%
Debt to Equity (MRQ) i42.3629.95
Cash & Liquidity
Book Value per Share (MRQ)$6.94$63.66
Cash per Share (MRQ)$0.31$10.36
Operating Cash Flow (TTM) i$175.90M$15.00B
Levered Free Cash Flow (TTM) i$175.08M$16.37B
Dividends
Last 12-Month Dividend Yield iN/A0.65%
Last 12-Month Dividend iN/A$1.68

Valuation & Enterprise Metrics Analysis: Clearwater Analytics Holdings Inc. vs Salesforce Inc.

MetricCWAN (Apr 26, 2026)CRM (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i14.8423.99
Forward P/E i27.2012.53
PEG Ratio i-0.151.42
Price to Sales (TTM) i9.834.16
Price to Book (MRQ) i3.482.94
Market Capitalization
Market Capitalization i$7.19B$159.96B
Enterprise Value i$7.90B$180.85B
Enterprise Value Metrics
Enterprise to Revenue i10.804.36
Enterprise to EBITDA i91.2214.41
Risk & Other Metrics
Beta i0.641.29
Book Value per Share (MRQ) i$6.94$63.66

Financial Statements Comparison: Clearwater Analytics Holdings Inc. vs Salesforce Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricCWAN (2025)CRM (2026)
Revenue/Sales i731.37M41.53B
Cost of Goods Sold i239.22M9.27B
COGS % of Revenue i32.7%22.3%
Gross Profit i492.15M32.26B
Gross Margin i67.3%77.7%
Research & Development i196.23M5.99B
Operating Income (EBIT) i-7.69M8.92B
Operating Margin i-1.1%21.5%
EBITDA i81.53M12.12B
EBITDA Margin i11.1%29.2%
Pre-Tax Income i-49.67M9.52B
Pre-Tax Income % of Revenue i-6.8%22.9%
Income Tax i-9.42M2.06B
Income Tax % of Revenue i-1.3%5.0%
Net Income (Profit) i-40.25M7.46B
Profit Margin i-5.5%18.0%

Balance Sheet & Liquidity Metrics

MetricCWAN (2025)CRM (2026)
Cash & Equivalents i91.25M7.33B
Total Current Assets i295.57M28.22B
Total Current Assets % of Revenue i40.4%68.0%
Total Current Liabilities i161.34M37.12B
Total Current Liabilities % of Revenue i22.1%89.4%
Long-Term Debt i837.20M12.63B
Long-Term Debt % of Revenue i114.5%30.4%
Total Shareholders Equity i2.03B59.14B
Retained Earnings i259.96M22.22B
Retained Earnings % of Revenue i35.5%53.5%
Property, Plant & Equipment i34.30M2.00B

Cash Flow Statement Comparison

MetricCWAN (2025)CRM (2026)
Operating Cash Flow i162.42M15.19B
Operating Cash Flow % of Revenue i22.2%36.6%
Capital Expenditures i-11.55MN/A
Free Cash Flow i154.10M14.40B
FCF Margin i21.1%34.7%
Debt Repayment i-154.06M-584.00M
Common Stock Repurchase i-18.05M-12.60B

Short Interest & Institutional Ownership Analysis

MetricCWANCRM
Shares Short i16.96M77.81M
Short Ratio i3.695.94
Short % of Float i5.79%11.00%
Shares Outstanding i291.43M929.00M
Float Shares i290.88M894.44M
% Held by Insiders i1.19%3.02%
% Held by Institutions i104.68%95.86%
% Held by Public i-5.87%1.12%

Dividend Analysis & Yield Comparison: Clearwater Analytics Holdings Inc. vs Salesforce Inc.

MetricCWANCRM
Last 12-Month Dividend iN/A$1.68
Last 12-Month Dividend Yield iN/A0.65%
3-Year Avg Annual Dividend iN/A$1.09
3-Year Avg Dividend Yield iN/A0.15%
3-Year Total Dividends iN/A$3.28
Ex-Dividend DateN/ADec 18, 2025