SAP SE

SAP SE

SAP.DE
SAP SEDE flagDeutsche Börse
143.48
EUR
+3.42
- -
167.52BMarket Cap
SAP SE
SAP.DE
(Deutsche Börse)

Recent

price

143.48

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
10.49
11.97
13.62
14.09
14.69
17.37
18.42
19.6
20.69
23.08
23.13
22.85
25.23
26.74
29.31
31.56
32.05
Revenue per Share
1.52
2.89
2.35
2.79
2.74
2.56
3.04
3.35
3.42
2.78
4.35
4.46
1.95
5.26
2.68
6.14
6.28
Basic EPS, GAAP
1.9
2.8
2.75
2.74
2.31
2.51
3.03
3.15
2.38
2.24
5.4
4.68
4.08
4.68
3.78
7.22
6.93
Free Cash Flow per Basic Share
0.5
0.6
1.1
0.85
1
1.1
1.15
1.25
1.4
1.5
1.58
1.85
2.45
2.05
2.2
2.35
2.35
Dividend per Share
8.22
11.52
12.73
14.66
16.36
17.77
19.64
21.72
23.98
25.14
28.13
32.43
32.18
37.43
37.85
41.66
43.35
Book Value per Share
-0.83
1.66
-1.93
-0.5
-5.08
-3.07
-0.58
1.07
1.6
-2.37
-1.18
5.49
5.07
10.13
10.15
11.82
11.68
Tangible Book Value per Share
1,188
1,189
1,191
1,193
1,195
1,197
1,198
1,197
1,194
1,194
1,182
1,180
1,170
1,167
1,166
1,166
1,165
Basic Weighted Avg Shares
12,464
14,233
16,223
16,815
17,560
20,793
22,063
23,461
24,708
27,553
27,338
26,953
29,519
31,207
34,176
36,800
37,342
Sales/Revenue/Turnover
28.61
29.18
24.96
26.86
27.14
23.44
23.4
21.57
23.16
20.34
24.22
23.99
20.5
19.27
22.85
26.14
26.88
Operating Margin (%)
534
724
863
951
1,010
1,289
1,268
1,272
1,362
1,872
1,831
1,537
1,569
1,373
1,280
1,311
1,267
Depreciation Expense
1,811
3,435
2,803
3,326
3,280
3,064
3,642
4,008
4,083
3,321
5,145
5,256
2,284
6,139
3,124
7,161
7,313
Net Income, GAAP
22.46
27.92
26.16
24.36
24.68
23.43
25.49
19.55
26.98
26.68
26.84
19.78
32.04
32.6
33.88
28.67
29.12
Effective Tax Rate (%)
14.53
24.13
17.28
19.78
18.68
14.74
16.51
17.08
16.53
12.05
18.82
19.5
7.74
19.67
9.14
19.46
19.58
Profit Margin (%)
1,994
3,403
382
1,004
425
1,872
1,890
1,720
6,134
751
2,227
3,908
1,069
5,930
2,319
2,840
1,435
Working Capital
1,098
2,833
4,375
3,682
8,930
8,628
6,450
5,002
10,535
11,086
13,600
10,980
8,752
7,354
6,720
5,624
5,038
LT Debt
9,824
12,707
14,133
16,048
19,533
23,295
26,397
25,515
28,877
30,822
29,927
41,523
42,848
43,406
45,806
45,074
45,365
Total Equity
28.06
20.93
15.95
16.58
13.61
11.52
11.24
12.05
11.42
9.61
10.63
9.97
7.18
7.36
9.35
12.41
12.75
Return on Invested Capital (%)
19.69
24.91
15.51
16.53
12.95
10.66
12.43
13.18
12.12
8.85
11.91
11.23
5.72
12.71
6.41
13.16
13.03
Return on Capital (%)
19.75
29.28
19.43
20.37
17.71
15.01
16.26
16.18
14.95
11.33
16.26
14.7
6.02
15.1
7.11
15.45
15.17
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
3,032
1,852
2,824
LT Borrowings
- -
4,194
- -
LT Finance Leases
- -
1,430
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,165
1,168
1,168
Market Capitalization
265,731
243,006
171,138

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
18,907
20,256
22,255
Cash, Cash Equivalents & STI
9,934
9,772
10,045
Accounts Receivable, Net
5,778
5,790
8,575
Inventories
- -
- -
- -
Total Current Liabilities
17,111
17,416
20,820
Payables & Accruals
3,008
3,399
3,827
ST Debt
3,032
1,852
2,824
Deferred Revenue
6,749
6,581
10,113

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.42%
9.43%
-1.6%
Free Cash Flow
19.16%
11.81%
90.86%
Net Income, GAAP
26.16%
38.9%
129.23%
Sales/Revenue/Turnover
5.95%
6.2%
7.68%
Total Cash Common Dividend
8.22%
9.2%
6.94%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,041
8,289
8,470
9,377
34,176
2025
9,013
9,027
9,076
9,684
36,800
2026
9,555
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.71
0.76
1.25
1.37
2.68
2025
1.53
1.46
- -
1.44
6.14
2026
1.66
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
2.2
- -
- -
2.2
2025
- -
2.35
- -
- -
2.35
2026
- -
- -
- -
- -
- -
Business
SAP SE is a German multinational software corporation specializing in enterprise applications and business AI solutions. Founded in 1972 and headquartered in Walldorf, Germany, the company offers a comprehensive portfolio of products including enterprise resource planning (ERP) software; cloud and on-premise business software solutions; data management and analytics platforms such as SAP HANA; human capital management software under the SuccessFactors brand; customer experience management tools; supply chain management; and business process intelligence. SAP also provides integration and digital adoption platforms through its suite of acquired brands like Signavio, Taulia, WalkMe, and SmartRecruiters, enhancing operational efficiency and user engagement across enterprises globally. The company operates worldwide, with significant customer bases in Europe, the Americas, and Asia-Pacific. In recent developments, SAP SE has been intensifying its focus on AI-driven enterprise solutions, launching expanded product offerings in its Business AI suite and integrating generative AI capabilities with strategic partners such as Google Cloud, exemplified by the SAP Cortex Framework and Google Gemini models. Major acquisitions in the last two years include WalkMe, a digital adoption platform acquired for $1.5 billion in 2024, and SmartRecruiters, a talent acquisition software provider acquired in 2025, strengthening SAP’s capabilities in digital transformation and human capital management. SAP continues to expand its cloud footprint geographically with new data center regions launched in Israel, Japan, Saudi Arabia, Australia, and Brazil. Furthermore, SAP completed the acquisition of Taulia in 2025, enhancing its working capital and supply chain financing solutions integrated within its business network offerings. SAP is also executing a company-wide transformation and restructuring program initiated in 2024 to drive operational synergies, AI efficiencies, and scalable growth, aiming for cloud revenue exceeding €21.5 billion by 2025, with a focus on predictable recurring revenue streams and strong free cash flow generation. Overall, SAP SE serves diverse industry sectors, targeting large enterprises and mid-sized companies through its expansive software ecosystem that enhances business processes across finance, HR, supply chain, procurement, and customer experience worldwide. The company remains positioned as a leader in enterprise application software with continual investments in AI, cloud technologies, and ecosystem expansions to maintain its innovation leadership and market competitiveness.