BILL vs. CRM
BILL (Bill.com Holdings, Inc.) and CRM (Salesforce, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, BILL returned -25.51%/yr vs -4.98%/yr for CRM. Their 0.55 correlation means they have sometimes moved together and sometimes differently.
Performance
BILL vs. CRM - Performance Comparison
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Returns By Period
In the year-to-date period, BILL achieves a -13.42% return, which is significantly higher than CRM's -29.45% return.
BILL
- 1D
- 4.63%
- 1M
- 16.65%
- 6M
- 13.43%
- YTD
- -13.42%
- 1Y
- 13.16%
- 3Y*
- -25.74%
- 5Y*
- -25.51%
- 10Y*
- —
- ALL TIME*
- 3.64%
CRM
- 1D
- 1.05%
- 1M
- 11.94%
- 6M
- -11.34%
- YTD
- -29.45%
- 1Y
- -25.21%
- 3Y*
- -4.12%
- 5Y*
- -4.98%
- 10Y*
- 8.81%
- ALL TIME*
- 19.40%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $104.99M | $102.12M | $107.52M | |
| $2.36B | $2.19B | $2.59B |
BILL vs. CRM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BILL Bill.com Holdings, Inc. | -13.42% | -35.62% | 3.82% | -25.12% | -56.27% | 82.53% | 258.74% | 2.15% |
CRM Salesforce, Inc. | -29.45% | -20.25% | 27.76% | 98.46% | -47.83% | 14.20% | 36.82% | 4.00% |
Correlation
The correlation between BILL and CRM is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.57 |
Correlation (3Y) Balances recent behavior with more history. | 0.51 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.58 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2019 | 0.55 |
The correlation between BILL and CRM has been stable across timeframes, ranging from 0.51 to 0.58 - a consistent structural relationship.
Fundamentals
BILL:
$4.70B
CRM:
$152.29B
BILL:
$0.00
CRM:
$8.68
BILL:
29.50K
CRM:
21.42
BILL:
3.00
CRM:
4.01
BILL:
1.27
CRM:
4.73
BILL:
$1.60B
CRM:
$42.83B
BILL:
$1.29B
CRM:
$33.25B
BILL:
$68.77M
CRM:
$12.32B
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Return for Risk
BILL vs. CRM — Risk / Return Rank
BILL
CRM
BILL vs. CRM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bill.com Holdings, Inc. (BILL) and Salesforce, Inc. (CRM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BILL | CRM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.92 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | -0.58 | +0.89 |
| Martin ratioReturn relative to average drawdown | 0.60 | -1.07 | +1.67 |
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Drawdowns
BILL vs. CRM - Drawdown Comparison
The maximum BILL drawdown since its inception was -90.66%, which is greater than CRM's maximum drawdown of -70.50%. Use the drawdown chart below to compare losses from any high point for BILL and CRM.
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Drawdown Indicators
| BILL | CRM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.66% | -70.50% | -20.16% |
Max Drawdown (1Y)Largest decline over 1 year | -43.24% | -43.33% | +0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -72.96% | -58.67% | -14.29% |
Max Drawdown (5Y)Largest decline over 5 years | -90.66% | -58.67% | -31.99% |
Max Drawdown (10Y)Largest decline over 10 years | — | -58.67% | — |
Current DrawdownCurrent decline from peak | -86.20% | -48.81% | -37.39% |
Average DrawdownAverage peak-to-trough decline | -55.38% | -16.38% | -39.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.15% | 23.58% | -1.43% |
Volatility
BILL vs. CRM - Volatility Comparison
Bill.com Holdings, Inc. (BILL) has a higher volatility of 15.53% compared to Salesforce, Inc. (CRM) at 14.35%. This indicates that BILL's price experiences larger fluctuations and is considered to be riskier than CRM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BILL | CRM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.53% | 14.35% | +1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 50.82% | 33.53% | +17.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.08% | 41.04% | +24.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.84% | 37.79% | +33.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.64% | 35.72% | +36.92% |
Dividends
BILL vs. CRM - Dividend Comparison
BILL has not paid dividends to shareholders, while CRM's dividend yield for the trailing twelve months is around 0.92%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BILL Bill.com Holdings, Inc. | 0.00% | 0.00% | 0.00% |
CRM Salesforce, Inc. | 0.92% | 0.63% | 0.48% |
Financials
BILL vs. CRM - Financials Comparison
This section allows you to compare key financial metrics between Bill.com Holdings, Inc. and Salesforce, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BILL vs. CRM - Profitability Comparison
BILL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Bill.com Holdings, Inc. reported a gross profit of 331.85M and revenue of 406.56M. Therefore, the gross margin over that period was 81.6%.
CRM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Salesforce, Inc. reported a gross profit of 8.56B and revenue of 11.13B. Therefore, the gross margin over that period was 76.9%.
BILL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Bill.com Holdings, Inc. reported an operating income of 96.41M and revenue of 406.56M, resulting in an operating margin of 23.7%.
CRM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Salesforce, Inc. reported an operating income of 2.35B and revenue of 11.13B, resulting in an operating margin of 21.1%.
BILL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Bill.com Holdings, Inc. reported a net income of 12.79M and revenue of 406.56M, resulting in a net margin of 3.1%.
CRM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Salesforce, Inc. reported a net income of 2.11B and revenue of 11.13B, resulting in a net margin of 18.9%.
Frequently Asked Questions
BILL and CRM have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BILL has higher volatility (15.53%) compared to CRM (14.35%). In terms of maximum drawdown, BILL dropped -90.66% vs CRM's -70.50%.
BILL currently has the higher Sharpe Ratio (0.20 vs -0.62), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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