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SAP SE SAP AI

Technology · Software - Application · Germany
https://www.sap.com

SAP SE, together with its subsidiaries, provides enterprise application and business solutions worldwide. It offers SAP Business AI; SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR, time, payroll, talent and employee experience management, and analytics and planning; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management. The company also provides SAP customer experience solutions; SAP Business Technology platform that enables customers and partners to build, integrate, and automate applications; and SAP Business Network, a business-to-business collaboration platform that helps digitalize key business processes across the supply chain and enables communication between trading partners. In addition, it offers SAP Signavio to help customers to discover, analyze, and understand business process operations; industry solutions that provide customers and partners with industry-specific solutions; and SAP LeanIX to visualize enterprise architecture, assess interdependencies and the potential impact of IT modernization, and manage the transition toward the target landscape. Further, the company provides WalkMe to execute workflows; SAP Enable Now, which offers e-learning content embedded in SAP workflows; Taulia solutions for working capital management; and sustainability solutions and services. Additionally, it provides services and support solutions. The company has a strategic collaboration with Fresenius SE & Co. KGaA and Avelios Medical GmbH for the development of a cloud-native, hospital information system that enables digitalization of clinical and administrative processes with AI integration. SAP SE was founded in 1972 and is headquartered in Walldorf, Germany.

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$181.79
-38.93% 1Y

Market & Price

Market Cap
$214.32B
Current Price
$181.79
High / Low (52W)
$306.60 / $160.31
Beta
0.71

Valuation

Stock P/E
25.07
Industry PE
32.74
Forward P/E
18.45
PEG Ratio
1.52
Book Value
$44.83
Price to Book
4.06
P/S
5.74
EV/EBITDA
18.07
Dividend Yield
1.61%

Profitability & Returns

ROCE
20.33%
ROE
16.35%
ROA
9.08%
Profit Margin
19.58%
Op Margin
30.03%
EPS (Latest Qtr)
$1.65
EPS (TTM)
$7.25

Balance Sheet & Liquidity

Debt/Equity
0.17
Quick Ratio
0.92
Current Ratio
1.07
Debt
$7.86B
Total Assets
$70.36B
Current Assets
$20.26B
Working Capital
$2.84B

Ownership

Promoter Holding
0.00%
Chg in Prom Hold
-
FII / Inst Holding
7.81%
Chg in FII Hold
0.00%

Financial Snapshot

Enterprise Value
$209.74B
Total Revenue (TTM)
$37.34B
EBITDA
$11.60B
Free Cash Flow
$8.14B
Operating Cash Flow
$8.89B
Shares Outstanding
1.17B
Gross Margin
73.72%
Payout Ratio
37.15%

Growth (CAGR)

Revenue 5Y
7.63%
Profit 5Y
46.36%
Revenue (YoY)
6.00%
Earnings (YoY)
9.30%

PROS

  • Healthy ROCE of 20.3%.
  • Profit CAGR of 46.4% over 5 years.
  • Generates positive free cash flow.

CONS

  • Trading 40.7% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 SAP SAP SE AI 181.79 25.07 $214.32B 1.61% 20.33% 16.35% 7.63% 46.36%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
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Quarterly Results

Figures in USD.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue --9.01B9.03B9.08B9.68B9.55B
Cost of Revenue --2.41B2.41B2.40B2.77B2.58B
Gross Profit --6.61B6.62B6.67B6.92B6.97B
Operating Expenses --4.27B4.15B4.20B4.57B4.22B
Operating Income --2.33B2.47B2.47B2.34B2.75B
EBITDA --3.10B3.09B3.38B2.51B3.34B
Interest Expense --280.00M268.00M312.00M-367.00M292.00M
Pretax Income --2.47B2.50B2.75B2.56B2.75B
Tax Provision --672.00M753.00M694.00M825.00M800.00M
Net Income --1.78B1.70B2.00B1.68B1.93B
Diluted EPS --1.511.441.711.571.65

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 29.52B31.21B34.18B36.80B
Cost of Revenue 8.04B8.67B9.24B9.99B
Gross Profit 21.48B22.53B24.93B26.81B
Operating Expenses 15.43B16.52B17.12B17.19B
Operating Income 6.05B6.01B7.81B9.62B
EBITDA 6.48B7.35B6.59B12.07B
Interest Expense 398.00M639.00M545.00M492.00M
Pretax Income 4.51B5.34B4.76B10.27B
Tax Provision 1.45B1.74B1.61B2.94B
Net Income 2.28B6.14B3.12B7.16B
Diluted EPS 1.955.172.656.10

Compounded Sales Growth

5 Years:7.63%
1 Year:6.00%

Compounded Profit Growth

5 Years:46.36%
1 Year:9.30%

Stock Price Performance

1 Year:-38.93%
6 Months:-22.24%
3 Months:-8.23%
1 Month:+8.73%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -72.16B68.33B74.24B70.36B
Current Assets -18.52B20.57B21.40B20.26B
Cash & Equivalents -9.01B8.12B9.61B8.22B
Inventory -----
Receivables -5.78B5.89B6.23B5.79B
Total Liabilities -29.31B24.93B28.43B25.29B
Current Liabilities -17.45B14.64B19.08B17.42B
Long Term Debt -6.96B6.03B5.30B4.19B
Total Debt -13.09B8.79B10.65B7.48B
Total Equity -40.19B43.16B45.44B44.59B
Shares Outstanding -1.23B1.23B1.23B1.23B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -5.65B6.25B5.21B9.16B
Investing Cash Flow -667.00M1.39B-93.00M-965.00M
Financing Cash Flow --6.34B-8.13B-3.96B-8.74B
Capital Expenditure --877.00M-785.00M-797.00M-739.00M
Free Cash Flow -4.77B5.46B4.41B8.42B
Net Change in Cash --24.00M-496.00M1.15B-553.00M

Ratios (Annual)

Figures in %.

Metric Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 72.8%72.2%73.0%72.9%
Operating Margin % 20.5%19.3%22.8%26.1%
Net Margin % 7.7%19.7%9.1%19.5%
ROE % 5.7%14.2%6.9%16.1%
ROCE % 11.1%11.2%14.2%18.2%

Shareholding Pattern

Insiders
0.00%
Institutions
7.81%
Public Float
7.81%

Top Institutional Holders

#Holder% HeldSharesValue
1 Fisher Asset Management, LLC 1.24% 14.53M $2.64B
2 Eagle Capital Management LLC 0.67% 7.85M $1.43B
3 FMR, LLC 0.56% 6.58M $1.20B
4 Capital International Investors 0.43% 5.01M $911.11M
5 Shaw D.E. & Co., Inc. 0.36% 4.26M $773.82M
6 Morgan Stanley 0.31% 3.62M $657.36M
7 Goldman Sachs Group Inc 0.28% 3.30M $599.97M
8 Windacre Partnership LLC 0.24% 2.76M $502.13M
9 Bank of America Corporation 0.17% 2.02M $366.92M
10 Northern Trust Corporation 0.12% 1.43M $259.93M

Analyst View

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