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

243.68 3.64 +1.52%
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) Return on invested capital

Alert me on Return on invested capital

SAP SE's return on invested capital over the twelve months to 30 September 2026 was 14.6%, up 0.7 percentage points from fiscal 2025 (13.9%). Over the past ten years it has ranged from 6.17% (fiscal 2022) to 13.9% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 13.9% 7.52
FY2024 6.34% (2.35)
FY2023 8.69% 2.52
FY2022 6.17% (0.23)
FY2021 6.40% (4.23)
FY2020 10.6% 3.88
FY2019 6.75% (4.57)
FY2018 11.3% 0.08
FY2017 11.2% 0.50
FY2016 10.7% 1.59

Against its own ten years

Low 6.17% High 13.9%
Ten-year median 9.15%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
ADP Automatic Data Processing, Inc. compare 54.5%
ADBE Adobe Inc. compare 46.4%
INTU Intuit Inc. compare 20.2%
SHOP Shopify Inc. compare 16.1%
SAP SAP SE 14.6%
UBER Uber Technologies, Inc. compare 13.1%
CRM Salesforce, Inc. compare 8.24%
NOW ServiceNow, Inc. compare 5.83%
SNOW Snowflake Inc. compare −37.0%
Software Application industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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