In this article we discuss the 5 most valuable B2B SaaS companies. If you want to read our detailed analysis of the B2B SaaS industry, go directly to the 15 Most Valuable B2B SaaS Companies.
5. Intuit Inc. (NASDAQ: INTU)
Market Cap: $137.04 billion
Intuit Inc. (NASDAQ: INTU) is an American software company that specializes in cloud-based solutions for financial management for enterprises. Among its products, we have QuickBooks Online, which is cloud-based accounting software. QuickBooks Cloud offers the same features as the desktop version does, but with the added advantage of remote and secure access paired with feature scalability. Intuit Inc. (NASDAQ: INTU) has more than 10,000 employees and reported a revenue of $7.7 billion for the fiscal year 2020. The market capitalization of Intuit Inc. (NASDAQ: INTU) is valued at $137.04 billion, making it a part of the top 5 of our list of the 15 most valuable B2B SaaS companies.
4. salesforce.com, inc. (NYSE: CRM)
Market Cap: $220.78 billion
At number 4 in our list of the 15 most valuable B2B SaaS companies, we have salesforce.com, inc. (NYSE: CRM). With its corporate headquarters in San Francisco, United States, salesforce.com, inc. (NYSE: CRM) is a cloud-computing software company that offers solutions for customer relationship management (CRM) along with enterprise applications that include market automation tools, data analytics, and app development. Their Customer 360 Suite has enabled businesses to make informed decisions concerning customers and fulfill promises of providing the ultimate user experience to customers. On the open market, salesforce.com, inc. (NYSE: CRM) is worth an astounding $220.78 billion.
ClearBridge Investments, in its Q1 2021 investor letter, mentioned salesforce.com, inc. (NYSE: CRM). Here is what ClearBridge Investments has to say about salesforce.com, inc. in its Q1 2021 investor letter:
“We added to our software-as-a-service (SaaS) exposure with the initiation of SaaS leader salesforce.com, which develops software for customer relationship management (we added Workday, which enterprise resource planning applications, last quarter). Saleforce.com is well-positioned in the most attractive end markets in software and will benefit from secular drivers such as remote work and the digital transformation. Salesforce.com is a sustainability leader as well, with a commitment to carbon-neutral cloud, toward which it has set a goal of 100% renewable energy for global operations by fiscal year 2022. The company has a strong focus on equality, in terms of equal rights, pay, education and opportunity. As a data company it has been leading on workforce disclosures and seeks to have 50% of its U.S. workforce made up of underrepresented groups by 2024.”
3. Oracle Corporation (NYSE: ORCL)
Market Cap: $244.27 billion
Oracle Corporation (NYSE: ORCL) is known for its enterprise database management systems for Linux, UNIX, and Windows operating systems. Oracle Corporation (NYSE: ORCL) also provides cloud-based solutions for enterprise resource planning (ERP), human capital management (HCM), and customer relationship management (CRM). Oracle Corporation (NYSE: ORCL) boasts a market capitalization of $244.27 billion and has over 132,000 employees worldwide.
Ariel Investments, in its Q1 2021 investor letter, mentioned Oracle Corporation (NYSE: ORCL). Here is what the fund said:
“A temporary factor might be a downturn in the high-yield bond market driving up LBO financing costs for the decline in 2021 GAAP revenue for Oracle Corporation (ORCL) due to a change in accounting methods. In all these examples, stock prices were driven well-below our calculations of intrinsic value. We invested in each company with good outcomes. Later, we will offer instances when this strategy is not successful.”
2. Adobe Inc. (NASDAQ: ADBE)
Market Cap: $288.75 billion
Adobe Inc. (NASDAQ: ADBE) is among the top 3 in our list of the 15 most valuable B2B SaaS companies boasting a market cap of $288.75 billion. The days of Adobe Inc. (NASDAQ: ADBE) only selling design tools like Adobe Photoshop, Adobe Illustrator, and Adobe Lightroom are long gone. The company has grown to become a provider of a wide array of software for enterprise companies. The process of Adobe Inc. (NASDAQ: ADBE) transforming to a cloud-based SaaS company started in the year 2007 and reached a turning point in 2013 when Adobe Inc. (NASDAQ: ADBE) replaced the Creative Suite with the Creative Cloud Suite. As of 2017, 86% of the company’s total revenue came from subscriptions. Adobe Inc. (NASDAQ: ADBE) reported revenues of up to $12.87 billion for its fiscal year 2020 and has over 24,000 employees working worldwide. Among its various cloud-based solutions we have, the Adobe Creative Cloud, Adobe Document Cloud, and Adobe Experience Cloud.
In the Q2 2021 investor letter of Richie Capital Group, the fund mentioned Adobe Inc. (NASDAQ: ADBE). Here is what the fund said:
“Adobe Systems (ADBE – up 24.8%) – In the last 15 years, Adobe has transformed itself into a software behemoth, more than tripling its revenue since 2010. The company is famous for its namesake PDF-reader and photo-editing software Photoshop. However, ADBE sells a full suite of software products through a recurring subscription model. The company transitioned from selling boxed software to recurring subscriptions in 2013 and revenues have grown consistently since. The company achieved $13B in revenue in 2020 with 88% Gross Margins.”
1. Microsoft Corporation (NASDAQ: MSFT)
Market Cap: $2.11 trillion
We have reached the top of our list of the 15 most valuable B2B SaaS companies, assigning the first place to Microsoft Corporation (NASDAQ: MSFT), which cemented its place with a market cap of $2.11 trillion. Microsoft Corporation (NASDAQ: MSFT) dominated the SaaS industry by bringing its traditional software to the cloud. The primary SaaS product by Microsoft Corporation (NASDAQ: MSFT) is Office 365, a cloud version of the MS Office Suite. Microsoft Corporation (NASDAQ: MSFT) is a leading SaaS vendor, dominating Adobe Inc. (NASDAQ: ADBE), Oracle Corporation (NYSE: ORCL), and salesforce.com, inc. (NYSE: CRM) by having a global market share of over 17% according to Synergy Research Group.
You can also take a peek at 10 Best SaaS Stocks to Buy and Hold for Long-Term Profits and 10 Best-Performing Stocks in 2021.
