EBITDA Performance Review: Salesforce, Inc. vs Nokia Oyj

A Tale of Two Giants: Salesforce vs. Nokia

In the ever-evolving landscape of global business, the performance of industry titans like Salesforce, Inc. and Nokia Oyj offers a fascinating glimpse into the dynamics of innovation and adaptation. Over the past decade, Salesforce has demonstrated a remarkable growth trajectory, with its EBITDA soaring from a modest $89 million in 2014 to an impressive $9.2 billion by 2024. This represents a staggering increase of over 10,000%, underscoring Salesforce's dominance in the tech sector.

Conversely, Nokia's journey has been more tumultuous. While it experienced a peak EBITDA of $3.5 billion in 2022, recent years have seen fluctuations, with a notable dip to $2.9 billion in 2023. This highlights the challenges faced by traditional telecom giants in adapting to the digital age.

As we look to the future, the contrasting paths of these two companies offer valuable lessons in resilience and innovation.