SAP SE (SAP) vs Snowflake Inc. (SNOW)
SAP SE and Snowflake Inc. are both Software Application companies. SAP SE is the larger, with a market value of $242.9B against $117.9B — 2.1× the size. Snowflake Inc. has negative trailing earnings, so its P/E is not meaningful; SAP SE trades at 26.4×. Snowflake Inc. grew revenue faster over the last twelve months: 32.0% against 14.1%. SAP SE has the higher net margin (20.4% vs −20.1%) and the higher return on invested capital (14.5% vs −37.0%). Across the 20 metrics below, SAP SE leads on 18 and Snowflake Inc. on 2.
Valuation
Profitability
| Metric | SAP | SNOW | Software Application median |
|---|---|---|---|
| Gross margin | 72.77% | 67.03% | 67.03% |
| Operating margin | 26.74% | (22.76%) | 0.00% |
| Net margin | 20.41% | (20.07%) | 0.00% |
| Free cash flow margin | 22.81% | 21.94% | 4.32% |
| Return on equity | 18.26% | (48.17%) | 0.00% |
| Return on assets | 10.99% | (12.92%) | 0.00% |
| Return on invested capital | 14.51% | (37.00%) | 0.00% |
Growth
Health
Dividend
Size
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