SAP SE (SAPGF) stock

SAPGFOTCServices-Prepackaged SoftwareFiscal year ends December 31Also trades as SAP

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Feb 26, 2026Score 12/30

$225.00+4.24 (+1.92%)

Close on Oct 19, 2026Market cap $276.41BP/E 33.0Yield 1.17%

SAP statistics

94 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: –
Last ex-dividend date: May 14, 2025
Fundamentals through: Dec 31, 2025
Share price as of: –

Valuation ratiosIndustry

Market Cap: €268.01B; €352.40M
Enterprise Value: €266.43B; €275.89M
PE Ratio: 35.76; –
PS Ratio: 7.28; 1.32
PB Ratio: 6.01; –
P/TBV Ratio: 20.17; –
P/OCF Ratio: 29.27; 29.27

Enterprise valuationIndustry

EV / Sales: 7.24; 1.03
EV / EBITDA: 24.38; 24.38
EV / EBIT: 27.70; –

Share statisticsIndustry

Shares Outstanding: 1.23B; 353M
Shares Change (YoY): -0.42%; –
Float: 1.23B; 301M
Shares Held by Insiders: 0.00%; 9.90%
Shares Held by Institutions: 6.85%; 6.85%

Short sellingIndustry

Short Interest: 4M; –
Short Interest Change: 1.38%; 7.77%
Days to Cover: 2.09; 2.91

Stock price statisticsIndustry

Price Change (1 Week): 4.04%; -5.76%
Price Change (1 Month): 15.9%; -17.8%
Price Change (3 Months): 18.1%; -2.77%
Price Change (6 Months): 39.4%; 3.89%
Price Change (YTD): 0.26%; 0.26%
Price Change (1 Year): -6.20%; -6.20%
Price Change (3 Years): 75.8%; 15.9%
Price Change (5 Years): 62.9%; -74.4%
Price Change (10 Years): 185.3%; –
Average Volume (10 Days): 2M; –
Average Volume (20 Days): 3M; –
Average Volume (90 Days): 3M; –
Relative Volume: 1.93; 1.61
Relative Strength Index (14): 70.1; 31.9
Volatility (1 Year): 38.7%; 55.9%
Beta (5 Years): 0.99; 0.99

MarginsIndustry

Gross Margin: 72.9%; 72.9%
Operating Margin: 26.1%; –
Pretax Margin: 27.9%; 2.72%
Profit Margin: 19.5%; –
EBITDA Margin: 29.7%; 13.3%

Returns on capitalIndustry

Return on Equity (ROE): 15.9%; –
Return on Assets (ROA): 9.90%; –
Return on Invested Capital (ROIC): 15.6%; –
Return on Capital Employed (ROCE): 18.2%; –

Financial positionIndustry

Current Ratio: 1.16; 1.17
Quick Ratio: 0.86; 0.86
Debt / Equity: 0.14; –
Debt / EBITDA: 0.56; –
Net Debt / EBITDA: -0.19; –
Interest Coverage: 6.98; –

GrowthIndustry

Revenue Growth (YoY): 7.68%; 7.68%
Net Income Growth (YoY): 129.2%; –
EPS Growth (YoY): 130.2%; –
Revenue Growth (3Y CAGR): 7.62%; 7.62%
Revenue Growth (5Y CAGR): 6.12%; 17.1%
EPS Growth (3Y CAGR): 46.5%; –
EPS Growth (5Y CAGR): 7.00%; –

EfficiencyIndustry

Asset Turnover: 0.51; 0.66
Revenue Per Employee: €334.55K; –
Profits Per Employee: €65.10K; –
Employee Count: 110,000; –
WACC: 9.93%; 9.93%

Income statement (TTM)Industry

Revenue: €36.80B; €548.91M
Gross Profit: €26.81B; €533.82M
Operating Income: €9.62B; –
Pretax Income: €10.27B; €8.03M
Net Income: €7.16B; –
EBITDA: €10.93B; €30.72M
EPS (Diluted): 6.10 EUR; –

Balance sheetIndustry

Cash & Short-Term Investments: €8.22B; €142.81M
Total Debt: €6.15B; –
Net Cash (Debt): €2.07B; €142.81M
Net Cash Per Share: 1.68 EUR; 0.40 EUR
Equity (Book Value): €44.59B; –
Book Value Per Share: 36.29 EUR; –
Tangible Book Value: €13.29B; –
Working Capital: €2.84B; €117.59M

Cash flow (TTM)Industry

Operating Cash Flow: €9.16B; €25.32M

Dividends and yieldsIndustry

Earnings Yield: 2.67%; –
Dividend Yield: 1.08%; –
Buyback Yield: 0.72%; –
Shareholder Yield: 1.80%; –
Dividend Per Share: 2.35 EUR; –
Dividend Growth (YoY): 6.82%; –
Years of Dividend Growth: 2; –
Payout Ratio: 38.3%; –

Taxes and interestIndustry

Interest Expense: €1.38B; €5.62M
Income Tax: €2.94B; €1.73M
Effective Tax Rate: 28.7%; –

Scores and fair valueIndustry

Graham Number: 70.58 EUR; –
Graham Upside: -67.6%; –
Altman Z-Score: 8.32; 2.45
Piotroski F-Score: 7; –
Lynch Fair Value: 42.68 EUR; –
Lynch Upside: -80.4%; –

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Oct 19, 2026. The S&P 500 is measured by the SPY fund.

Period	SAPGF	S&P 500	Difference	SAPGF per year	S&P 500 per year
1 month	+6.6%	+0.6%	+6.0 pts
3 months	+40.8%	+3.4%	+37.4 pts
Year to date	-7.7%	+13.3%	−21.0 pts
1 year	-16.9%	+16.6%	−33.5 pts
3 years	+71.7%	+86.4%	−14.6 pts	+19.8%	+23.1%
5 years	+67.3%	+81.9%	−14.6 pts	+10.8%	+12.7%
10 years	+198.5%	+318.9%	−120.4 pts	+11.6%	+15.4%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 15, 2026.

1M SAPGF shares were sold short on Oct 15, 2026, down 12.4% from the previous report. At recent volumes it would take 7.5 days to buy them back.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 15, 2026	616,402	-12.4%	82,232	7.5
Sep 30, 2026	703,665	-9.6%	184,775	3.8
Sep 15, 2026	778,212	-6.7%	176,893	4.4
Aug 31, 2026	833,786	-18.7%	290,864	2.9
Aug 14, 2026	1,025,290	+278.9%	127,598	8.0
Jul 31, 2026	270,632	-33.2%	108,384	2.5
Jul 15, 2026	404,866	-31.8%	246,576	1.6
Jun 30, 2026	594,063	+22.1%	46,374	12.8
Jun 15, 2026	486,614	-85.0%	95,034	5.1
May 29, 2026	3,243,798	-8.8%	40,985	79.2
May 15, 2026	3,558,731	-5.4%	9,947	357.8
Apr 30, 2026	3,762,765	+22.6%	581,922	6.5