Sap Se
SAP NYSE· Services-Prepackaged Software
Last close · Oct 26, 2026
$238.55
KIRA · Stoqly’s AI analyst, in plain words
- Sap Se had $41.5B of revenue in fiscal 2025, up 12.2% on the year before. Over five years, revenue changed +5.9% a year on average.
- Its operating margin was 26.1%, up 12.5 pts: of every 100 in sales, about 26 is left after running the business.
- Sap Se made $8.1B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 8.3% a year.
- Sap Se returned $5.3B to shareholders in fiscal 2025. The diluted share count fell 0.4%.
- Sap Se has $2.4B more cash than debt.
Market cap
$280.3B
P/E
34.7x
Revenue
$41.5B
Net income
$8.1B
Free cash flow
—
Operating margin
26.1%
Sap Se in 30 seconds · fiscal 2025
Are sales growing?
+12.2%
Yes. Sales grew 12.2% last year.
Does it make a profit?
19.5%
Yes. It keeps 19.5% of every sale as profit.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
8 / 9
Solid. It passes 8 of 9 health tests.
How is the share priced?
34.7x
One share costs 34.7 times its yearly profit per share.
What Sap Se does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Feb 26, 2026
- Legal name
- SAP SE
- CIK
- 0001000184
Sap Se · SAP
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $31.9B | $31.0B | $33.7B | $37.0B | $41.5B |
| Revenue growth | 2.3% | −2.7% | 8.8% | 9.6% | 12.2% |
| Gross margin | 73.2% | 72.8% | 72.2% | 73.0% | 72.9% |
| Operating margin | 23.4% | 20.0% | 18.6% | 13.6% | 26.1% |
| Net income | $6.2B | $2.4B | $6.6B | $3.4B | $8.1B |
| Net margin | 19.5% | 7.7% | 19.7% | 9.1% | 19.5% |
| Diluted EPS | $5.27 | $2.04 | $5.62 | $2.87 | $6.88 |
| Cash | |||||
| Cash from operations | $7.4B | $5.9B | $6.8B | $5.6B | $10.3B |
| Dividends paid | $2.6B | $3.0B | $2.6B | $2.8B | $3.1B |
| Share buybacks | $0.0M | $1.6B | $1.0B | $2.3B | $2.2B |
| Share count change | −0.2% | −0.4% | 0.4% | 0.0% | −0.4% |
| Debt and strength | |||||
| Cash and short-term investments | $10.1B | $9.6B | $9.0B | $10.0B | $9.7B |
| Debt incl. finance leases | $14.8B | $12.5B | $8.6B | $9.8B | $7.2B |
| Shareholders' equity | $44.0B | $42.9B | $47.7B | $47.2B | $52.4B |
| Net debt / EBITDA | 0.5x | 0.4x | −0.1x | −0.0x | −0.2x |
| Current ratio | 1.2x | 1.1x | 1.4x | 1.1x | 1.2x |
| Interest coverage | 6.7x | 2.7x | 9.1x | 8.6x | 19.5x |
| Returns and quality | |||||
| Return on capital | 12.3% | 9.2% | 8.9% | 7.1% | 15.5% |
| Return on equity | 15.4% | 5.5% | 14.7% | 7.1% | 16.2% |
| Return on tangible equity | 144.5% | 68.7% | 51.9% | 28.4% | 51.7% |
| Piotroski F-score | 7 | 6 | 7 | 6 | 8 |
| Altman Z'' | 4.1 | 3.7 | 5.0 | 4.2 | 5.2 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Sap Se · SAP
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $238.55 a share, the company is worth $280.3B: 34.7 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001000184). Data updated October 24, 2026. Filed in EUR under IFRS and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.