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

233.09 10.44 −4.29%
Market cap
$274.9B
P/E
29.5×
Fwd P/E
29.2×
Dividend yield
1.20%
F-score
8/9
Altman Z
7.90
Beneish M
−2.54
Dividend safety
82/100

SAP SE (SAP) Price to free cash flow

Alert me on 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

Against its own ten years

Low 16.6× High 69.6×
Ten-year median 29.2×
Current reading's percentile 35

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)))

The full definition of Price to free cash flow →

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