SAP SE (SAP) stock

SAPNYSEServices-Prepackaged SoftwareFiscal year ends December 31Also trades as SAPGF

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

$234.90+0.84 (+0.36%)

Close on Nov 13, 2026Market cap $288.58BP/E 34.5Yield 1.12%

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 5, 2026
Fundamentals through: Dec 31, 2025
Share price as of: –

Valuation ratiosIndustry

Market Cap: €258.72B; €343.69M
Enterprise Value: €257.14B; €267.17M
PE Ratio: 34.52; –
PS Ratio: 7.03; 1.28
PB Ratio: 5.80; –
P/TBV Ratio: 19.47; –
P/OCF Ratio: 28.26; 28.26

Enterprise valuationIndustry

EV / Sales: 6.99; 1.00
EV / EBITDA: 23.53; 23.53
EV / EBIT: 26.74; –

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: 3M; –
Short Interest Change: -35.1%; -6.96%
Days to Cover: 1.00; 9.82

Stock price statisticsIndustry

Price Change (1 Week): 0.62%; -3.85%
Price Change (1 Month): 4.40%; 3.75%
Price Change (3 Months): 13.0%; -3.57%
Price Change (6 Months): 38.6%; 14.3%
Price Change (YTD): -3.30%; -3.30%
Price Change (1 Year): -7.28%; -7.28%
Price Change (3 Years): 59.1%; 26.2%
Price Change (5 Years): 64.9%; -69.9%
Price Change (10 Years): 187.8%; –
Average Volume (10 Days): 2M; –
Average Volume (20 Days): 2M; –
Average Volume (90 Days): 3M; –
Relative Volume: 0.80; 0.53
Relative Strength Index (14): 56.0; 49.1
Volatility (1 Year): 38.8%; 55.5%
Beta (5 Years): 0.98; 0.98

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: 10.0%; 10.0%

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: 2.77%; –
Dividend Yield: 1.12%; –
Buyback Yield: 0.75%; –
Shareholder Yield: 1.86%; –
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: -66.5%; –
Altman Z-Score: 8.10; 2.42
Piotroski F-Score: 7; –
Lynch Fair Value: 42.68 EUR; –
Lynch Upside: -79.7%; –

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.

Period	SAP	S&P 500	Difference	SAP per year	S&P 500 per year
1 month	+6.9%	-3.0%	+9.9 pts
3 months	+12.2%	-2.8%	+15.0 pts
Year to date	-1.6%	+11.5%	−13.1 pts
1 year	-5.1%	+13.5%	−18.6 pts
3 years	+68.4%	+77.7%	−9.3 pts	+19.0%	+21.1%
5 years	+79.4%	+72.6%	+6.8 pts	+12.4%	+11.5%
10 years	+230.5%	+308.2%	−77.7 pts	+12.7%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

3M SAP shares were sold short on Oct 30, 2026, down 35.1% from the previous report. At recent volumes it would take 1.0 days to buy them back. Over the last 20 sessions, 48.0% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	2,685,262	-35.1%	2,861,637	1.0
Oct 15, 2026	4,135,573	+1.4%	1,976,463	2.1
Sep 30, 2026	4,079,138	-19.1%	1,732,112	2.4
Sep 15, 2026	5,042,705	+0.3%	2,163,923	2.3
Aug 31, 2026	5,026,190	-37.4%	2,432,692	2.1
Aug 14, 2026	8,024,204	-6.2%	2,664,882	3.0
Jul 31, 2026	8,550,092	-10.9%	4,090,170	2.1
Jul 15, 2026	9,595,666	-14.5%	2,532,286	3.8
Jun 30, 2026	11,228,568	+9.0%	2,403,233	4.7
Jun 15, 2026	10,298,559	-7.9%	3,312,233	3.1
May 29, 2026	11,180,043	-1.9%	3,257,527	3.4
May 15, 2026	11,393,951	+27.3%	3,733,319	3.0