BLKB vs ZM vs CRM Stock Comparison

Blackbaud, Zoom Communications and Salesforce Prices as of Oct 29, 2026 Peers: Industry group
BLKB Blackbaud Inc
$52.71 +27.2% 1M -22.4% 1Y
Market cap
$2.38B
P/E
15.6x
Revenue (TTM)
$1.16B
Div. yield
–
CRM and Sales Software Technology
2 wins
ZM Zoom Communications, Inc.
$97.66 +10.5% 1M +17.2% 1Y
Market cap
$28.55B
P/E
9.0x
Revenue (TTM)
$4.97B
Div. yield
–
Communications Platforms Technology
5 wins
CRM Salesforce, Inc.
$230.92 +2.4% 1M -8.2% 1Y
Market cap
$190.05B
P/E
19.6x
Revenue (TTM)
$43.94B
Div. yield
0.75%
CRM and Sales Software Technology
4 wins

Head to Head

11 decided of 12

Zoom Communications leads on 5 of the 12 questions below (Zoom Communications 5, Salesforce 4, Blackbaud 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBLKBZMCRMLeader
Larger companyMarket capitalisation $2.38B $28.55B $190.05B CRM
Cheaper on earningsLower P/E, profitable companies only 15.6x 9.0x 19.6x ZM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.7x 15.1x 13.1x BLKB
Faster revenue growthRevenue growth, trailing twelve months +2.2% +4.6% +11.2% CRM
More profitableNet margin, trailing twelve months 12.9% 64.1% 22.0% ZM
Better return on capitalReturn on invested capital 16.5% — 9.0% BLKB
Less leveragedLower net debt / EBITDA 3.2x — 1.9x CRM
Higher dividend yieldTrailing dividend yield 0.00% — 0.75% –
Better 1-year returnPrice return, last 12 months -22.4% +17.2% -8.2% ZM
Better 5-year returnAnnualised price return, 5 years -5.8%/yr -18.7%/yr -5.1%/yr CRM
Less volatileAnnualised volatility, 1 year 49.0% 44.8% 47.0% ZM
Higher overall scoreMean of the five percentile scores vs peers 68/100 80/100 70/100 ZM

Percentile Scorecard

BLKBZMCRM

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBLKBZMCRM
Valuation 86 #15 of 101 71 #9 of 29 77 #24 of 101
Growth 73 #27 of 97 69 #9 of 27 74 #26 of 97
Profitability 84 #16 of 93 84 #5 of 26 87 #13 of 93
Financial Health 16 #91 of 108 97 #2 of 31 41 #64 of 108
Shareholder Returns 82 #12 of 63 – 71 #19 of 63
Overall 68 80 70
  • BLKB ranked among 114 companies in Business Applications
  • ZM ranked among 32 companies in Workplace Software
  • CRM ranked among 114 companies in Business Applications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBLKBZMCRMSPY
1 month +27.2%+10.5%+2.4% +0.7%
3 months +31.5%+5.8%+27.8% +3.7%
6 months +41.8%+0.5%+30.8% +7.1%
Year to date -16.8%+13.2%-12.8% +12.8%
1 year -22.4%+17.2%-8.2% +11.9%
3 years -19.4%+62.8%+15.9% +85.2%
3 years, per year -6.9%+17.6%+5.0% +22.8%
5 years -25.8%-64.4%-22.9% +67.6%
5 years, per year -5.8%-18.7%-5.1% +10.9%
10 years -12.4%—+207.4% +262.0%
10 years, per year -1.3%—+11.9% +13.7%

Risk

MeasureBLKBZMCRMSPY
Volatility, 1Y 49.0%44.8%47.0% 12.7%
Downside volatility, 1Y 51.0%42.7%42.2% 12.6%
Beta vs S&P 500, 1Y 0.261.040.41 1.00
Return / volatility, 1Y -0.460.38-0.17 0.94
Max drawdown, 5Y -69.8%-80.6%-59.2% -25.4%
From 52-week high -22.4%-12.7%-13.3% -1.2%
52-week high $67.95$111.88$266.23 $779.14
52-week low $26.54$72.72$150.12 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBLKBZMCRM
P/E now vs peer median 15.6xmedian 28.0x 9.0xmedian 33.1x 19.6xmedian 28.0x
P/S now vs peer median 2.1xmedian 2.8x 5.7xmedian 2.5x 4.3xmedian 2.8x
EV/EBITDA now vs peer median 10.6xmedian 16.9x 13.9xmedian 9.8x 14.6xmedian 16.9x
P/FCF now vs peer median 7.2xmedian 15.9x —median 15.2x 12.5xmedian 15.9x
P/B now vs peer median 19.9xmedian 3.2x 2.5xmedian 3.1x 5.0xmedian 3.2x
PEG now vs peer median 0.14median 0.89 0.05median 0.74 0.21median 0.89

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBLKBZMCRM
Revenue $1.16B $4.97B $43.94B
Gross profit $694.80M $3.84B $33.96B
Operating income $232.55M $1.20B $8.74B
Net income $149.25M $3.19B $9.66B
Free cash flow $331.97M – $15.15B
R&D $141.76M $881.96M $6.37B
EPS (diluted) $3.32 $10.64 $11.77
Cash & equivalents $35.73M $931.99M $8.31B
Total debt $1.04B – $39.29B
Shares (diluted) 44.96M 299.75M 821.00M
Enterprise value $2.23B -$2.24B $145.92B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBLKBZMCRM
P/E 15.6x 9.0x 19.6x
P/FCF 7.2x – 12.5x
P/Operating cash flow 6.9x – 12.1x
P/S 2.1x 5.7x 4.3x
P/B 19.9x 2.5x 5.0x
P/Tangible book 74.1x 2.5x 5.9x
EV/EBITDA 10.6x 13.9x 14.6x
EV/EBIT 14.6x 17.8x 24.9x
EV/Revenue 2.9x 4.3x 5.0x
EV/FCF 10.2x – 14.4x
EV/Operating cash flow 9.9x – 13.8x
PEG (3Y EPS CAGR) 0.14 0.05 0.21

Growth

14 metrics
MetricBLKBZMCRM
Revenue growth (1Y) 2.2% 4.6% 11.2%
Revenue CAGR (3Y) 2.2% 3.7% 9.9%
Gross profit growth (1Y) 6.3% 5.7% 10.7%
Gross profit CAGR (3Y) 6.0% 4.5% 11.3%
Operating income growth (1Y) 198.7% 23.2% 9.4%
Operating income CAGR (3Y) 323.0% 112.9% 47.8%
Net income growth (1Y) 155.7% 168.3% 45.0%
Net income CAGR (3Y) 100.1% 182.3% 82.9%
EPS growth (1Y) 160.1% 175.9% 69.9%
EPS CAGR (3Y) 109.8% 184.2% 94.5%
Operating cash flow growth (1Y) 21.8% – 19.6%
Operating cash flow CAGR (3Y) 16.4% – 23.3%
Free cash flow growth (1Y) 20.2% – 21.3%
Free cash flow CAGR (3Y) 16.3% – 26.1%

Profitability

14 metrics
MetricBLKBZMCRM
Gross margin 59.9% 77.2% 77.3%
EBITDA margin 27.5% 30.9% 34.0%
Operating margin 20.1% 24.1% 19.9%
Pretax margin 15.2% 82.5% 28.2%
Net margin 12.9% 64.1% 22.0%
FCF margin 28.6% – 34.5%
Operating cash flow margin 29.5% – 35.8%
Return on equity 160.0% 30.2% 26.7%
Return on assets 6.3% 25.0% 8.9%
Return on invested capital 16.5% – 9.0%
Return on capital employed 16.3% 11.2% 10.7%
Asset turnover 0.5x 0.4x 0.4x
Cash conversion (OCF / net income) 2.3x – 1.6x
Stock comp / revenue 7.7% – 8.3%

Financial Health

11 metrics
MetricBLKBZMCRM
Debt / assets 49.6% – 35.8%
Debt / equity 8.7x – 1.0x
Net debt / EBITDA 3.2x – 1.9x
Debt / FCF 3.1x – 2.6x
Liabilities / assets 94.3% 16.8% 65.0%
Equity / assets 5.7% 83.2% 35.0%
Interest coverage 3.5x – 9.4x
Current ratio 0.7x 3.8x 0.8x
Quick ratio 0.1x 3.7x 0.7x
Cash ratio 0.0x 3.4x 0.4x
Altman Z-score 1.55 9.48 2.56

Shareholder Returns

7 metrics
MetricBLKBZMCRM
Dividend yield – – 0.8%
Net buyback yield 9.0% – 18.0%
Shareholder yield 9.0% – 18.8%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBLKBZMCRM
Forward P/E 10.7xFY2026 15.1xFY2026 13.1xFY2026
EPS, next fiscal year $4.94FY2026 $6.45FY2026 $17.65FY2026
EPS growth, next FY +11.0%FY2026 +9.0%FY2026 +41.0%FY2026
EPS growth, the year after +15.4% +2.8% -5.3%
Revenue, next fiscal year $1.14BFY2026 $4.76BFY2026 $43.89BFY2026
Revenue growth, next FY +1.2%FY2026 -2.4%FY2026 +5.7%FY2026
Revenue growth, the year after +0.2% +8.0% +11.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBLKBZMCRM
Held by institutions 100.0% 67.2% 80.7%
Institutions holding 281 863 2,472
Change in shares held, QoQ +9.3% +2.9% -4.8%
Institutions buying 174 478 1,004
Institutions selling 76 279 1,270
Buyers to sellers 2.29 1.71 0.79

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BLKBZMCRM
BLKB 1.00 0.42 0.63
ZM 0.42 1.00 0.54
CRM 0.63 0.54 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BLKB, ZM and CRM?

Salesforce (CRM) is the largest by market capitalisation: Blackbaud (BLKB) $2.38B, Zoom Communications (ZM) $28.55B, Salesforce (CRM) $190.05B.

Which stock is cheaper, BLKB, ZM and CRM?

Zoom Communications (ZM) trades on the lowest price-to-earnings ratio (Blackbaud (BLKB) 15.6x, Zoom Communications (ZM) 9.0x, Salesforce (CRM) 19.6x). On next year's consensus earnings, Blackbaud (BLKB) is cheapest (Blackbaud (BLKB) 10.7x, Zoom Communications (ZM) 15.1x, Salesforce (CRM) 13.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Salesforce (CRM) grew revenue fastest over the trailing twelve months: Blackbaud (BLKB) +2.2%, Zoom Communications (ZM) +4.6%, Salesforce (CRM) +11.2%.

Which company is more profitable?

Zoom Communications (ZM) has the highest net margin (Blackbaud (BLKB) 12.9%, Zoom Communications (ZM) 64.1%, Salesforce (CRM) 22.0%). On return on invested capital, Blackbaud (BLKB) leads (Blackbaud (BLKB) 16.5%, Salesforce (CRM) 9.0%).

Which stock has performed better?

Over the past year Zoom Communications (ZM) returned the most: Blackbaud (BLKB) -22.4%, Zoom Communications (ZM) +17.2%, Salesforce (CRM) -8.2%. Over five years, Salesforce (CRM) compounded fastest (Blackbaud (BLKB) -5.8%/yr, Zoom Communications (ZM) -18.7%/yr, Salesforce (CRM) -5.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Blackbaud (BLKB) 0.00%, Salesforce (CRM) 0.75%. Blackbaud (BLKB) and Zoom Communications (ZM) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Zoom Communications (ZM) has been the steadiest (Blackbaud (BLKB) 49.0%, Zoom Communications (ZM) 44.8%, Salesforce (CRM) 47.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BLKB, ZM and CRM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Zoom Communications (ZM) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.