SAP SE
US.SAP
215.11
-1.92
-0.88%
SAP SE
215.11
-1.92
-0.88%
Collector offline (last heartbeat: 15955s ago)
· 2026-09-04 20:02
Pre-market
219.66
+1.21%
After-hours
215.71
+0.28%
Overnight
216.74
-0.13%
Revenue annual, last 8 years
Latest year +7.68% YoY
Margins
- Gross margin
- 72.86%
- Operating margin
- 26.14%
- Net margin
- 19.46%
Key ratios & quality
- Enterprise value
- 244.55B
- PEG ratio
- 0.60
- Altman Z-Score
- 7.86
PEG uses trailing P/E against the 3-year net income growth rate (46.36%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
✦ AI Financial Health how this is computed
Good
- Altman Z-Score is 7.86, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24.71B | 27.55B | 27.34B | 26.95B | 29.52B | 31.21B | 34.18B | 36.80B |
| Gross profit | 17.25B | 19.20B | 19.45B | 19.73B | 21.48B | 22.53B | 24.93B | 26.81B |
| Selling & admin expenses | 7.88B | 9.32B | 8.46B | 8.04B | 9.24B | 10.19B | 10.53B | 10.51B |
| Research & development | 3.62B | 4.29B | 4.45B | 5.27B | 6.08B | 6.32B | 6.51B | 6.63B |
| Operating profit | 5.72B | 5.60B | 6.62B | 6.47B | 6.05B | 6.01B | 7.81B | 9.62B |
| Pretax profit | 5.60B | 4.60B | 7.22B | 8.51B | 4.51B | 5.34B | 4.76B | 10.27B |
| Tax | 1.51B | 1.23B | 1.94B | 1.68B | 1.45B | 1.74B | 1.61B | 2.94B |
| Net profit | 4.09B | 3.37B | 5.28B | 5.38B | 1.71B | 5.96B | 3.15B | 7.33B |
| Basic EPS | 3 | 3 | 4 | 4 | 2 | 5 | 3 | 6 |
| Diluted EPS | 3.42 | 2.78 | 4.35 | 4.46 | 1.94 | 5.20 | 2.65 | 6.10 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 9.01B | 9.03B | 9.08B | 9.68B | 9.56B | 9.88B |
| Gross profit | 6.61B | 6.62B | 6.67B | 6.92B | 6.97B | 7.23B |
| Selling & admin expenses | 2.59B | 2.52B | 2.55B | 2.85B | 2.50B | 2.72B |
| Research & development | 1.67B | 1.62B | 1.64B | 1.70B | 1.70B | 1.84B |
| Operating profit | 2.33B | 2.47B | 2.47B | 2.34B | 2.75B | 2.65B |
| Pretax profit | 2.47B | 2.50B | 2.75B | 2.56B | 2.75B | 3.01B |
| Tax | 672.00M | 753.00M | 694.00M | 825.00M | 800.00M | 797.00M |
| Net profit | 1.80B | 1.75B | 2.05B | 1.73B | 1.95B | 2.21B |
| Basic EPS | 2 | 1 | 2 | 2 | 2 | 2 |
| Diluted EPS | 1.51 | 1.44 | 1.71 | 1.57 | 1.65 | 1.88 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 16.62B | 15.21B | 15.07B | 20.04B | 18.52B | 20.57B | 21.40B | 20.26B |
| Cash & ST investments | 9.08B | 5.61B | 6.95B | 11.66B | 9.86B | 11.47B | 11.24B | 9.77B |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 51.50B | 60.21B | 58.46B | 71.17B | 72.16B | 68.33B | 74.24B | 70.36B |
| Total current liabilities | 10.49B | 14.46B | 12.84B | 16.14B | 17.45B | 14.64B | 19.08B | 17.42B |
| Short-term debt | 768.00M | 2.53B | 1.86B | 4.16B | 4.33B | 1.44B | 3.93B | 1.85B |
| Long-term debt | 10.54B | 11.09B | 11.86B | 9.24B | 6.96B | 6.03B | 5.30B | 4.19B |
| Total liabilities | 22,625,000,000.00 | 29,390,000,000.00 | 28,537,000,000.00 | 29,651,000,000.00 | 29,311,000,000.00 | 24,925,000,000.00 | 28,431,000,000.00 | 25,288,000,000.00 |
| Total equity | 28.88B | 30.82B | 29.93B | 41.52B | 42.85B | 43.41B | 45.81B | 45.07B |
| Retained earnings | 27.41B | 28.78B | 32.03B | 37.02B | 36.42B | 42.46B | 42.91B | 47.35B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 23.97B | 19.64B | 18.91B | 20.26B | 22.26B | 22.65B |
| Cash & ST investments | 12.98B | 10.18B | 9.93B | 9.77B | 10.05B | 11.63B |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 75.63B | 68.40B | 68.40B | 70.36B | 73.46B | 75.61B |
| Total current liabilities | 20.55B | 19.05B | 17.11B | 17.42B | 20.82B | 19.73B |
| Short-term debt | 3.41B | 3.11B | 3.03B | 1.85B | 2.82B | 1.97B |
| Long-term debt | -- | 4.26B | -- | 4.19B | -- | -- |
| Total liabilities | 29,543,000,000.00 | 27,000,000,000.00 | 25,155,000,000.00 | 25,288,000,000.00 | 28,097,000,000.00 | 30,362,000,000.00 |
| Total equity | 46.09B | 41.40B | 43.24B | 45.07B | 45.37B | 45.25B |
| Retained earnings | 44.69B | 43.65B | 45.67B | 47.35B | 49.28B | 48.58B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 4.30B | 3.50B | 7.20B | 6.22B | 5.65B | 6.25B | 5.21B | 9.16B |
| Depreciation & amortization | 1.36B | 1.87B | 1.83B | 1.54B | 1.57B | 1.37B | 1.28B | 1.31B |
| Free cash flow | 2.84B | 2.68B | 6.38B | 5.52B | 4.77B | 5.46B | 4.41B | 8.42B |
| Dividends paid | -1.67B | -1.79B | -1.86B | -2.18B | -2.87B | -2.40B | -2.57B | -2.74B |
| Stock buybacks / issuance | 0 | 0 | -1.49B | 0 | -1.50B | -949.00M | -2.11B | -1.94B |
| Ending cash balance | 8.63B | 5.31B | 5.31B | 8.90B | 9.01B | 8.12B | 9.61B | 8.22B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 3.78B | 2.58B | 1.50B | 1.30B | 3.51B | 3.15B |
| Depreciation & amortization | 349.00M | 319.00M | 318.00M | 325.00M | 305.00M | 316.00M |
| Free cash flow | 3.61B | 2.39B | 1.30B | 1.12B | 3.27B | 3.04B |
| Dividends paid | 0 | -2.74B | 0 | 0 | 0 | -2.88B |
| Stock buybacks / issuance | -125.00M | -1.51B | -304.00M | 0 | -2.28B | -321.00M |
| Ending cash balance | 11.35B | 7.94B | 8.55B | 8.22B | 9.65B | 10.51B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE % | 15.03 | 11.15 | 17.02 | 15.33 | 5.78 | 14.73 | 7.05 | 15.91 |
| ROA % | 8.69 | 5.95 | 8.67 | 8.11 | 3.19 | 8.74 | 4.39 | 9.91 |
| ROIC % | 11.91 | 7.52 | 10.47 | 7.31 | 6.45 | 12.25 | 6.06 | 13.33 |
| 5-year avg ROE % | 15.59 | 14.13 | 14.67 | 14.80 | 12.86 | 12.80 | 11.98 | 11.76 |
| EBIT margin % | 24.36 | 18.82 | 28.96 | 28.00 | 17.15 | 21.32 | 16.03 | 29.24 |
| FCF / sales % | 11.51 | 9.72 | 23.33 | 19.48 | 15.46 | 17.77 | 12.94 | 22.87 |
| Current ratio | 1.58 | 1.05 | 1.17 | 1.24 | 1.06 | 1.41 | 1.12 | 1.16 |
| Quick ratio | 1.50 | 0.97 | 1.07 | 1.15 | 0.95 | 1.26 | 0.99 | 0.99 |
| Debt / assets | 39.20 | 44.29 | 52.04 | 38.98 | 32.56 | 20.37 | 23.44 | 16.77 |
| LT debt / equity | 36.54 | 36.06 | 45.77 | 28.26 | 21.78 | 17.04 | 14.79 | 12.61 |
| Interest coverage | 14.40 | 8.80 | 11.36 | 8.21 | 2.40 | 5.07 | 7.66 | 21.87 |
| Revenue CAGR (3Y) % | 5.92 | 7.69 | 5.23 | 2.94 | 2.32 | 4.51 | 8.24 | 7.63 |
| Net income CAGR (3Y) % | 10.04 | -3.03 | 8.68 | 8.78 | -11.73 | 6.06 | -15.92 | 46.36 |
| FCF CAGR (3Y) % | -1.76 | -9.61 | 19.15 | 24.75 | 21.20 | -5.05 | -7.22 | 20.84 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE % | 12.91 | 15.83 | 16.86 | 15.91 | 16.15 | 18.19 |
| ROA % | 7.72 | 9.43 | 10.26 | 9.91 | 9.81 | 10.83 |
| ROIC % | 10.64 | 13.21 | 13.57 | 13.33 | 13.75 | 14.65 |
| 5-year avg ROE % | -- | -- | -- | -- | -- | -- |
| EBIT margin % | 25.50 | 28.16 | 29.51 | 29.24 | 29.60 | 30.40 |
| FCF / sales % | 15.21 | 17.83 | 17.70 | 22.87 | 21.63 | 22.86 |
| Current ratio | 1.17 | 1.03 | 1.10 | 1.16 | 1.07 | 1.15 |
| Quick ratio | 1.05 | 0.89 | 0.94 | 0.99 | 0.92 | 0.98 |
| Debt / assets | 22.11 | 21.33 | 21.31 | 16.77 | 17.53 | 23.48 |
| LT debt / equity | 14.66 | 13.74 | 14.22 | 12.61 | 11.23 | 19.09 |
| Interest coverage | 11.93 | 13.00 | 12.70 | 21.87 | 21.93 | 20.77 |
| Revenue CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Applications, Technology & Support (ATS)90.22%
Core services9.78%
Quote time 2026-09-04 20:02:21 · For reference only, not investment advice.