SAP SE SAP AI
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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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
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
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
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).
| # | Name | CMP $ | P/E | Mkt Cap | Div 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% |
Quarterly Results
Figures in USD.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | 9.01B | 9.03B | 9.08B | 9.68B | 9.55B |
| Cost of Revenue | - | - | 2.41B | 2.41B | 2.40B | 2.77B | 2.58B |
| Gross Profit | - | - | 6.61B | 6.62B | 6.67B | 6.92B | 6.97B |
| Operating Expenses | - | - | 4.27B | 4.15B | 4.20B | 4.57B | 4.22B |
| Operating Income | - | - | 2.33B | 2.47B | 2.47B | 2.34B | 2.75B |
| EBITDA | - | - | 3.10B | 3.09B | 3.38B | 2.51B | 3.34B |
| Interest Expense | - | - | 280.00M | 268.00M | 312.00M | -367.00M | 292.00M |
| Pretax Income | - | - | 2.47B | 2.50B | 2.75B | 2.56B | 2.75B |
| Tax Provision | - | - | 672.00M | 753.00M | 694.00M | 825.00M | 800.00M |
| Net Income | - | - | 1.78B | 1.70B | 2.00B | 1.68B | 1.93B |
| Diluted EPS | - | - | 1.51 | 1.44 | 1.71 | 1.57 | 1.65 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 29.52B | 31.21B | 34.18B | 36.80B |
| Cost of Revenue | 8.04B | 8.67B | 9.24B | 9.99B |
| Gross Profit | 21.48B | 22.53B | 24.93B | 26.81B |
| Operating Expenses | 15.43B | 16.52B | 17.12B | 17.19B |
| Operating Income | 6.05B | 6.01B | 7.81B | 9.62B |
| EBITDA | 6.48B | 7.35B | 6.59B | 12.07B |
| Interest Expense | 398.00M | 639.00M | 545.00M | 492.00M |
| Pretax Income | 4.51B | 5.34B | 4.76B | 10.27B |
| Tax Provision | 1.45B | 1.74B | 1.61B | 2.94B |
| Net Income | 2.28B | 6.14B | 3.12B | 7.16B |
| Diluted EPS | 1.95 | 5.17 | 2.65 | 6.10 |
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 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 72.16B | 68.33B | 74.24B | 70.36B |
| Current Assets | - | 18.52B | 20.57B | 21.40B | 20.26B |
| Cash & Equivalents | - | 9.01B | 8.12B | 9.61B | 8.22B |
| Inventory | - | - | - | - | - |
| Receivables | - | 5.78B | 5.89B | 6.23B | 5.79B |
| Total Liabilities | - | 29.31B | 24.93B | 28.43B | 25.29B |
| Current Liabilities | - | 17.45B | 14.64B | 19.08B | 17.42B |
| Long Term Debt | - | 6.96B | 6.03B | 5.30B | 4.19B |
| Total Debt | - | 13.09B | 8.79B | 10.65B | 7.48B |
| Total Equity | - | 40.19B | 43.16B | 45.44B | 44.59B |
| Shares Outstanding | - | 1.23B | 1.23B | 1.23B | 1.23B |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 5.65B | 6.25B | 5.21B | 9.16B |
| Investing Cash Flow | - | 667.00M | 1.39B | -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 | - | 4.77B | 5.46B | 4.41B | 8.42B |
| Net Change in Cash | - | -24.00M | -496.00M | 1.15B | -553.00M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2022 | Dec 2023 | Dec 2024 | Dec 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
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 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
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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