A Professional Review of EBITDA: Salesforce, Inc. Compared to Garmin Ltd.

Salesforce vs. Garmin: A Decade of EBITDA Growth

__timestampGarmin Ltd.Salesforce, Inc.
Wednesday, January 1, 201476764100088699000
Thursday, January 1, 2015627941000308448000
Friday, January 1, 2016719204000662514000
Sunday, January 1, 2017769889000850000000
Monday, January 1, 20188745370001238000000
Tuesday, January 1, 201910517610001517000000
Wednesday, January 1, 202011809550002598000000
Friday, January 1, 202113734380003301000000
Saturday, January 1, 202211916980003846000000
Sunday, January 1, 202312697320005644000000
Monday, January 1, 202415939940009221000000
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Unleashing the power of data

A Decade of EBITDA: Salesforce vs. Garmin

In the ever-evolving landscape of technology and innovation, Salesforce, Inc. and Garmin Ltd. have carved distinct paths over the past decade. From 2014 to 2023, Salesforce's EBITDA surged by an impressive 6,260%, reflecting its aggressive growth strategy and market expansion. In contrast, Garmin's EBITDA grew by a steady 65%, showcasing its consistent performance in the competitive tech industry.

Key Insights

  • Salesforce's Meteoric Rise: Starting with a modest EBITDA in 2014, Salesforce's financial performance skyrocketed, peaking in 2023 with a remarkable 5.6 billion, a testament to its dominance in cloud-based solutions.
  • Garmin's Steady Climb: Garmin maintained a stable growth trajectory, with its EBITDA reaching 1.3 billion in 2023, highlighting its resilience and adaptability in the face of market challenges.

This analysis underscores the contrasting growth narratives of these two tech giants, offering valuable insights for investors and industry enthusiasts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025