SAP SE
SAP Technology Software Application
SAP SE’s revenue for fiscal 2025 (year ended December 2025) was $41.6 billion, up 12.6% from fiscal 2024.
- Revenue
- +11.4%
- EPS
- +13.0%
- Free cash flow
- +12.2%
- Total debt
- +14.3%
Quarter to September 2026, against a year earlier
Follow SAP
Alert me
SAP SE (SAP) EV/FCF
As of 5 November 2026, SAP SE (SAP) trades at a EV/FCF of 27.0×. Over the past ten years it has ranged from 16.5× (July 2026) to 69.7× (February 2025); the current reading is higher than 28% of that period.
EV/FCF, daily
Embed this chart
Annual newest first
| Period | EV/FCF | Change |
|---|---|---|
| FY2025 | 29.1× | (50.15%) |
| FY2024 | 58.4× | 105.92% |
| FY2023 | 28.4× | 14.29% |
| FY2022 | 24.8× | (4.73%) |
| FY2021 | 26.1× | 17.04% |
| FY2020 | 22.3× | (60.10%) |
| FY2019 | 55.8× | 56.81% |
| FY2018 | 35.6× | 21.20% |
| FY2017 | 29.4× | 6.81% |
| FY2016 | 27.5× | (7.30%) |
Quarterly newest first
| Period | EV/FCF | Change |
|---|---|---|
| Sep 2026 | 23.1× | 32.85% |
| Jun 2026 | 17.4× | (14.49%) |
| Mar 2026 | 20.3× | (30.31%) |
| Dec 2025 | 29.1× | (27.45%) |
| 43 more quarters | Free account |
Against its own ten years
EV/FCF against peers
| Company | EV/FCF |
|---|---|
| ADBE Adobe Inc. compare | 9.2× |
| INTU Intuit Inc. compare | 11.3× |
| UBER Uber Technologies, Inc. compare | 14.1× |
| CRM Salesforce, Inc. compare | 14.2× |
| NOW ServiceNow, Inc. compare | 23.1× |
| ADP Automatic Data Processing, Inc. compare | 26.1× |
| SAP SAP SE | 27.0× |
| SHOP Shopify Inc. compare | 68.3× |
| SNOW Snowflake Inc. compare | 79.3× |
What EV/FCF is
EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))
More on SAP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement