SMWB vs CRM vs BLSH Stock Comparison

Similarweb, Salesforce and Bullish Prices as of Nov 3, 2026 Peers: Industry group
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SMWB Similarweb Ltd.
$8.73 +9.7% 1M -0.3% 1Y
Market cap
$747.24M
P/E
–
Revenue (TTM)
$295.61M
Div. yield
–
Analytics and BI Technology
1 win
CRM Salesforce, Inc.
$222.18 -5.3% 1M -15.0% 1Y
Market cap
$185.98B
P/E
19.2x
Revenue (TTM)
$43.94B
Div. yield
–
CRM and Sales Software Technology
8 wins
BLSH Bullish
$22.97 -32.9% 1M -54.3% 1Y
Market cap
$2.95B
P/E
–
Revenue (TTM)
$190.34B
Div. yield
–
Blockchain Infrastructure Technology
1 win

Head to Head

10 decided of 12

Salesforce leads on 8 of the 12 questions below (Salesforce 8, Bullish 1, Similarweb 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSMWBCRMBLSHLeader
Larger companyMarket capitalisation $747.24M $185.98B $2.95B CRM
Cheaper on earningsLower P/E, profitable companies only -34.3x 19.2x -2.1x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 39.7x 12.6x 54.7x CRM
Faster revenue growthRevenue growth, trailing twelve months +10.2% +11.2% -26.5% CRM
More profitableNet margin, trailing twelve months -7.4% 22.0% -0.7% CRM
Better return on capitalReturn on invested capital — 9.0% -8.6% CRM
Less leveragedLower net debt / EBITDA — 1.9x 1.5x BLSH
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -0.3% -15.0% -54.3% SMWB
Better 5-year returnAnnualised price return, 5 years -15.0%/yr -6.3%/yr — CRM
Less volatileAnnualised volatility, 1 year 80.8% 47.0% 75.1% CRM
Higher overall scoreMean of the five percentile scores vs peers 36/100 71/100 63/100 CRM

Percentile Scorecard

SMWBCRMBLSH

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

AxisSMWBCRMBLSH
Valuation 28 #72 of 100 78 #23 of 100 77 #24 of 99
Growth 62 #38 of 99 72 #28 of 99 34 #62 of 94
Profitability 42 #56 of 96 87 #13 of 96 47 #48 of 90
Financial Health 24 #85 of 112 44 #63 of 112 95 #6 of 105
Shareholder Returns 21 #53 of 67 74 #18 of 67 –
Overall 36 71 63
  • SMWB ranked among 114 companies in Business Applications
  • CRM ranked among 114 companies in Business Applications
  • BLSH ranked among 109 companies in Fintech

Price Performance

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

Returns

PeriodSMWBCRMBLSHSPY
1 month +9.7%-5.3%-32.9% -2.0%
3 months +17.8%+16.3%-3.6% -2.2%
6 months +173.7%+18.8%-49.3% +4.2%
Year to date +16.6%-16.1%-39.3% +10.6%
1 year -0.3%-15.0%-54.3% +10.4%
3 years +71.5%+7.1%— +73.6%
3 years, per year +19.7%+2.3%— +20.2%
5 years -55.5%-27.9%— +61.6%
5 years, per year -15.0%-6.3%— +10.1%
10 years —+199.7%— +261.3%
10 years, per year —+11.6%— +13.7%

Risk

MeasureSMWBCRMBLSHSPY
Volatility, 1Y 80.8%47.0%75.1% 12.8%
Downside volatility, 1Y 88.9%41.9%74.4% 12.8%
Beta vs S&P 500, 1Y 1.780.422.88 1.00
Return / volatility, 1Y 0.00-0.32-0.72 0.81
Max drawdown, 5Y -88.3%-59.2%-70.8% -25.4%
From 52-week high -5.8%-16.5%-54.3% -3.2%
52-week high $9.27$266.23$50.26 $779.14
52-week low $2.33$150.12$21.79 $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.

MultipleSMWBCRMBLSH
P/E now vs peer median -34.0xmedian 27.1x 18.9xmedian 27.1x -2.1xmedian 19.2x
P/S now vs peer median 2.6xmedian 2.8x 4.2xmedian 2.8x 0.0xmedian 2.2x
EV/EBITDA now vs peer median -298.1xmedian 16.6x 14.1xmedian 16.6x -14.8xmedian 13.4x
P/FCF now vs peer median 49.2xmedian 15.7x 12.1xmedian 15.7x 30.4xmedian 16.3x
P/B now vs peer median 33.3xmedian 2.8x 4.8xmedian 2.8x 1.4xmedian 1.9x
PEG now vs peer median -1.13median 0.87 0.20median 0.87 —median 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 monthsSMWBCRMBLSH
Revenue $295.61M $43.94B $190.34B
Gross profit $235.99M $33.96B $71.94M
Operating income -$11.06M $8.74B -$218.40M
Net income -$21.78M $9.66B -$1.43B
Free cash flow $15.44M $15.15B $113.88M
R&D $73.83M $6.37B –
EPS (diluted) $-0.26 $11.77 $-10.84
Cash & equivalents $73.90M $8.31B $86.61M
Total debt – $39.29B $11.00K
Shares (diluted) 84.82M 821.00M 127.72M
Enterprise value $470.19M $141.85B -$1.01B

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
MetricSMWBCRMBLSH
P/E -34.0x 18.9x -2.1x
P/FCF 49.2x 12.1x 30.4x
P/Operating cash flow 53.6x 11.6x 28.2x
P/S 2.6x 4.2x 0.0x
P/B 33.3x 4.8x 1.4x
P/Tangible book 33.3x 5.7x 1.5x
EV/EBITDA -298.1x 14.1x -14.8x
EV/EBIT -61.9x 24.1x -14.4x
EV/Revenue 2.3x 4.8x 0.0x
EV/FCF 44.4x 13.9x 27.7x
EV/Operating cash flow 48.4x 13.4x 25.6x
PEG (3Y EPS CAGR) -1.13 0.20 –

Growth

14 metrics
MetricSMWBCRMBLSH
Revenue growth (1Y) 10.2% 11.2% -26.5%
Revenue CAGR (3Y) 12.5% 9.9% –
Gross profit growth (1Y) 12.1% 10.7% -17.9%
Gross profit CAGR (3Y) 14.6% 11.3% –
Operating income growth (1Y) 50.2% 9.4% -54.4%
Operating income CAGR (3Y) 42.5% 47.8% –
Net income growth (1Y) 25.1% 45.0% -858.6%
Net income CAGR (3Y) 27.5% 82.9% –
EPS growth (1Y) 28.7% 69.9% -755.9%
EPS CAGR (3Y) 30.2% 94.5% –
Operating cash flow growth (1Y) -30.9% 19.6% 190.7%
Operating cash flow CAGR (3Y) 33.8% 23.3% –
Free cash flow growth (1Y) -29.0% 21.3% 171.4%
Free cash flow CAGR (3Y) 32.7% 26.1% –

Profitability

14 metrics
MetricSMWBCRMBLSH
Gross margin 79.8% 77.3% 0.0%
EBITDA margin -0.8% 34.0% -0.1%
Operating margin -3.7% 19.9% -0.1%
Pretax margin -5.9% 28.2% -0.8%
Net margin -7.4% 22.0% -0.7%
FCF margin 5.2% 34.5% 0.1%
Operating cash flow margin 4.8% 35.8% 0.1%
Return on equity -108.3% 26.7% -56.5%
Return on assets -8.8% 8.9% -44.5%
Return on invested capital – 9.0% -8.6%
Return on capital employed -19.5% 10.7% -7.1%
Asset turnover 1.1x 0.4x 59.3x
Cash conversion (OCF / net income) -0.7x 1.6x -0.1x
Stock comp / revenue 6.2% 8.3% 0.0%

Financial Health

11 metrics
MetricSMWBCRMBLSH
Debt / assets – 35.8% 0.0%
Debt / equity – 1.0x 0.0x
Net debt / EBITDA – 1.9x 1.5x
Debt / FCF – 2.6x 0.0x
Liabilities / assets 91.9% 65.0% 22.0%
Equity / assets 8.1% 35.0% 78.0%
Interest coverage – 9.4x -3.8x
Current ratio 0.8x 0.8x 23.5x
Quick ratio 0.6x 0.7x 4.7x
Cash ratio 0.3x 0.4x 2.5x
Altman Z-score 0.43 2.50 63.96

Shareholder Returns

7 metrics
MetricSMWBCRMBLSH
Dividend yield – 0.8% –
Net buyback yield -0.3% 18.7% –
Shareholder yield -0.3% 19.5% –
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.

ConsensusSMWBCRMBLSH
Forward P/E 39.7xFY2026 12.6xFY2026 54.7xFY2026
EPS, next fiscal year $0.22FY2026 $17.65FY2026 $0.42FY2026
EPS growth, next FY +266.7%FY2026 +41.0%FY2026 +40.0%FY2026
EPS growth, the year after +36.4% -5.3% +95.2%
Revenue, next fiscal year $332.14MFY2026 $43.89BFY2026 $364.64MFY2026
Revenue growth, next FY +17.5%FY2026 +5.7%FY2026 +26.4%FY2026
Revenue growth, the year after +0.8% +11.7% +5.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSMWBCRMBLSH
Held by institutions 45.9% 80.7% 32.8%
Institutions holding 68 2,474 176
Change in shares held, QoQ -7.8% -4.8% +7.8%
Institutions buying 36 1,005 87
Institutions selling 18 1,271 70
Buyers to sellers 2.00 0.79 1.24

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.

SMWBCRMBLSH
SMWB 1.00 0.27 0.19
CRM 0.27 1.00 0.17
BLSH 0.19 0.17 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, SMWB, CRM and BLSH?

Salesforce (CRM) is the largest by market capitalisation: Similarweb (SMWB) $747.24M, Salesforce (CRM) $185.98B, Bullish (BLSH) $2.95B.

Which company is growing faster?

Salesforce (CRM) grew revenue fastest over the trailing twelve months: Similarweb (SMWB) +10.2%, Salesforce (CRM) +11.2%, Bullish (BLSH) -26.5%.

Which company is more profitable?

Salesforce (CRM) has the highest net margin (Similarweb (SMWB) -7.4%, Salesforce (CRM) 22.0%, Bullish (BLSH) -0.7%). On return on invested capital, Salesforce (CRM) leads (Salesforce (CRM) 9.0%, Bullish (BLSH) -8.6%).

Which stock has performed better?

Over the past year Similarweb (SMWB) returned the most: Similarweb (SMWB) -0.3%, Salesforce (CRM) -15.0%, Bullish (BLSH) -54.3%. Over five years, Salesforce (CRM) compounded fastest (Similarweb (SMWB) -15.0%/yr, Salesforce (CRM) -6.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Salesforce (CRM) has been the steadiest (Similarweb (SMWB) 80.8%, Salesforce (CRM) 47.0%, Bullish (BLSH) 75.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SMWB, CRM and BLSH?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Salesforce (CRM) leads on 8. 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.