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
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SAP SE (SAP) Price to free cash flow
As of 5 November 2026, SAP SE (SAP) trades at a price to free cash flow of 27.0×. Over the past ten years it has ranged from 16.6× (July 2026) to 69.6× (February 2025); the current reading is higher than 35% of that period. That is above the Software Application industry median of 17.2× and above the Technology sector median of 18.7×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 29.3× | (49.77%) |
| FY2024 | 58.4× | 103.48% |
| FY2023 | 28.7× | 20.07% |
| FY2022 | 23.9× | (5.73%) |
| FY2021 | 25.3× | 21.46% |
| FY2020 | 20.9× | (59.83%) |
| FY2019 | 51.9× | 49.77% |
| FY2018 | 34.7× | 19.82% |
| FY2017 | 28.9× | 9.04% |
| FY2016 | 26.5× | (4.43%) |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Sep 2026 | 23.1× | 32.14% |
| Jun 2026 | 17.5× | (14.97%) |
| Mar 2026 | 20.6× | (29.88%) |
| Dec 2025 | 29.3× | (27.17%) |
| 43 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| ADBE Adobe Inc. compare | 9.2× |
| INTU Intuit Inc. compare | 11.3× |
| CRM Salesforce, Inc. compare | 12.0× |
| UBER Uber Technologies, Inc. compare | 13.4× |
| NOW ServiceNow, Inc. compare | 22.5× |
| ADP Automatic Data Processing, Inc. compare | 25.5× |
| SAP SAP SE | 27.0× |
| SHOP Shopify Inc. compare | 69.7× |
| SNOW Snowflake Inc. compare | 79.4× |
| Software Application industry median | 17.2× |
| Technology sector median | 18.7× |
| Market median | 14.1× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
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
- EV/EBITDA
- EV/Sales
- EV/FCF
- 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