SAP Financial Statements From 2010 to 2026

SAP Stock  USD 201.04  0.83  0.41%   
Analyzing historical trends in various income statement and balance sheet accounts from S A P's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting S A P's valuation are summarized below:
Gross Profit
27 B
Profit Margin
0.1991
Market Capitalization
236.3 B
Enterprise Value Revenue
5.2313
Revenue
36.8 B
There are currently one hundred twenty fundamental trend indicators for SAP SE ADR that can be evaluated and compared over time across competition. Investors and active traders are advised to double-check S A P's current fundamental performance against the performance between 2010 and 2026 to make sure the trends are evolving in the right direction. As of 02/01/2026, Market Cap is likely to drop to about 26.3 B. In addition to that, Enterprise Value is likely to drop to about 25 B

S A P Total Revenue

17.7 Billion

Check S A P financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among S A P's main balance sheet or income statement drivers, such as Depreciation And Amortization of 859.3 M, Interest Expense of 1.4 B or Total Revenue of 17.7 B, as well as many indicators such as Price To Sales Ratio of 3.87, Dividend Yield of 0.0104 or PTB Ratio of 7.32. SAP financial statements analysis is a perfect complement when working with S A P Valuation or Volatility modules.
  
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Check out the analysis of S A P Correlation against competitors.

S A P Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets73.8 B70.3 B50.3 B
Slightly volatile
Short and Long Term Debt Total5.8 B8.1 B9.1 B
Slightly volatile
Total Current Liabilities18.1 B17.2 B11.7 B
Slightly volatile
Total Stockholder Equity47 B44.7 B28.9 B
Slightly volatile
Property Plant And Equipment Net2.5 B4.5 B3.3 B
Slightly volatile
Retained Earnings49.9 B47.5 B28 B
Slightly volatile
Cash4.1 B8.2 B5.5 B
Slightly volatile
Non Current Assets Total52.6 B50.1 B36.4 B
Slightly volatile
Non Currrent Assets Other4.9 B4.7 B2.2 B
Slightly volatile
Cash And Short Term Investments10.3 B9.8 B6.8 B
Slightly volatile
Net Receivables4.6 B7.3 B5.8 B
Slightly volatile
Common Stock Total Equity855.6 M1.4 B1.2 B
Pretty Stable
Common Stock Shares Outstanding969.5 M1.2 B1.2 B
Slightly volatile
Short Term Investments1.6 B1.6 B1.1 B
Slightly volatile
Liabilities And Stockholders Equity73.8 B70.3 B50.3 B
Slightly volatile
Non Current Liabilities Total6.3 B7.9 B9.1 B
Slightly volatile
Other Current Assets3.4 B3.2 B1.5 B
Slightly volatile
Total Liabilities14 B25.1 B20.2 B
Slightly volatile
Property Plant And Equipment Gross5.4 B5.2 B3.5 B
Slightly volatile
Total Current Assets10.4 B20.2 B13.5 B
Slightly volatile
Intangible Assets2.2 B2.3 B3.2 B
Very volatile
Common Stock1.1 B1.2 B1.2 B
Slightly volatile
Other Current Liabilities3.5 B6.2 B4.5 B
Slightly volatile
Current Deferred Revenue6.9 B6.6 B3.5 B
Slightly volatile
Accounts Payable2.6 B2.4 B1.4 B
Slightly volatile
Other Liabilities3.8 B3.6 B2.1 B
Slightly volatile
Long Term Debt5.3 B6.1 B7.3 B
Slightly volatile
Good Will16.3 B29 B22.2 B
Slightly volatile
Property Plant Equipment2.9 B5.2 B3.4 B
Slightly volatile
Deferred Long Term Liabilities3.6 B3.5 B1.4 B
Slightly volatile
Long Term Investments7.9 B7.5 BB
Slightly volatile
Short and Long Term Debt2.5 B4.2 B2.7 B
Pretty Stable
Cash And Equivalents4.9 B6.5 B4.4 B
Slightly volatile
Net Invested Capital49 B62.5 B40.6 B
Slightly volatile
Net Working Capital3.3 B2.7 B2.5 B
Slightly volatile
Capital Stock983.2 M1.1 B1.2 B
Slightly volatile

S A P Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization859.3 M1.3 B1.2 B
Slightly volatile
Total Revenue17.7 B35.3 B22.9 B
Slightly volatile
Gross Profit27.3 B26 B17.2 B
Slightly volatile
Other Operating Expenses14 B25.5 B17.8 B
Slightly volatile
Operating Income10.4 B9.9 B5.5 B
Slightly volatile
EBIT12 B11.4 B6.1 B
Slightly volatile
EBITDA13.3 B12.7 B7.4 B
Slightly volatile
Cost Of Revenue5.3 B9.4 B6.5 B
Slightly volatile
Total Operating Expenses8.7 B16.1 B11.3 B
Slightly volatile
Income Before Tax10.6 B10.1 B5.5 B
Slightly volatile
Net Income7.4 BBB
Slightly volatile
Income Tax ExpenseB2.9 B1.5 B
Slightly volatile
Selling General Administrative1.1 B1.3 B1.2 B
Slightly volatile
Research Development6.7 B6.4 BB
Slightly volatile
Net Income Applicable To Common Shares3.4 B3.6 B3.8 B
Pretty Stable
Selling And Marketing Expenses5.9 B10.5 B6.2 B
Slightly volatile
Net Income From Continuing Ops2.9 B2.8 B3.4 B
Pretty Stable
Tax Provision1.5 B1.9 B1.3 B
Slightly volatile
Interest Income661.1 M504.9 M477.7 M
Slightly volatile
Reconciled Depreciation1.8 B1.5 B1.5 B
Slightly volatile

S A P Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow8.3 B7.9 B4.2 B
Slightly volatile
Begin Period Cash Flow8.9 B8.5 B5.4 B
Slightly volatile
Depreciation880.2 M1.3 B1.2 B
Slightly volatile
Dividends Paid2.8 B2.6 B1.7 B
Slightly volatile
Total Cash From Operating Activities9.1 B8.6 BB
Slightly volatile
Net Income7.4 BBB
Slightly volatile
End Period Cash Flow8.6 B8.2 B5.7 B
Slightly volatile
Stock Based Compensation2.9 B2.7 B1.4 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.876.60154.5836
Slightly volatile
Dividend Yield0.01040.01130.0159
Slightly volatile
PTB Ratio7.325.42854.2706
Slightly volatile
Days Sales Outstanding11572.137198.7582
Slightly volatile
Book Value Per Share40.7438.796724.7111
Slightly volatile
Free Cash Flow Yield0.04250.0340.0429
Slightly volatile
Operating Cash Flow Per Share8.117.72044.2588
Slightly volatile
Average Payables206.6 M325.6 M348.6 M
Slightly volatile
Stock Based Compensation To Revenue0.06720.0640.0429
Slightly volatile
Capex To Depreciation0.540.56370.772
Slightly volatile
PB Ratio7.325.42854.2706
Slightly volatile
EV To Sales3.866.59754.7115
Slightly volatile
Free Cash Flow Per Share7.447.08663.6097
Slightly volatile
ROIC0.130.13340.1139
Slightly volatile
Inventory Turnover73.5277.38101
Slightly volatile
Net Income Per Share6.66.28393.4095
Slightly volatile
Days Of Inventory On Hand5.134.884.3138
Pretty Stable
Payables Turnover6.554.01445.5055
Pretty Stable
Sales General And Administrative To Revenue0.05410.04830.0492
Slightly volatile
Average Inventory10.4 M14 M14.9 M
Very volatile
Research And Ddevelopement To Revenue0.120.18010.1569
Slightly volatile
Capex To Revenue0.01910.02010.0371
Slightly volatile
Cash Per Share8.88.38085.6253
Slightly volatile
POCF Ratio29.9226.986924.0778
Slightly volatile
Interest Coverage7.17.474917.1618
Slightly volatile
Payout Ratio0.30.37440.4486
Slightly volatile
Capex To Operating Cash Flow0.0780.08210.1976
Slightly volatile
PFCF Ratio44.7629.400529.7754
Slightly volatile
Days Payables Outstanding54.1890.922773.8267
Pretty Stable
Income Quality1.051.22861.2166
Slightly volatile
ROE0.220.16370.1611
Slightly volatile
EV To Operating Cash Flow29.8326.970424.711
Slightly volatile
PE Ratio38.4933.156331.2646
Slightly volatile
Return On Tangible Assets0.140.18760.1886
Slightly volatile
EV To Free Cash Flow44.5129.382430.5764
Slightly volatile
Earnings Yield0.04270.03020.0435
Slightly volatile
Intangibles To Total Assets0.280.44480.498
Very volatile
Current Ratio1.121.17431.4127
Slightly volatile
Receivables Turnover2.95.05983.8067
Slightly volatile
Graham Number77.3573.665142.5629
Slightly volatile
Shareholders Equity Per Share40.338.380824.3392
Slightly volatile
Debt To Equity0.160.18030.3114
Very volatile
Capex Per Share0.380.63380.6457
Slightly volatile
Average Receivables2.2 B2.4 B2.1 B
Slightly volatile
Revenue Per Share33.1431.560920.4984
Slightly volatile
Interest Debt Per Share8.518.10297.9806
Slightly volatile
Debt To Assets0.0880.11470.1727
Very volatile
Enterprise Value Over EBITDA14.5718.434916.9517
Slightly volatile
Short Term Coverage Ratios4.174.39123.9264
Slightly volatile
Price Earnings Ratio38.4933.156331.2646
Slightly volatile
Operating Cycle11672.137199.5585
Slightly volatile
Price Book Value Ratio7.325.42854.2706
Slightly volatile
Days Of Payables Outstanding54.1890.922773.8267
Pretty Stable
Dividend Payout Ratio0.30.37440.4486
Slightly volatile
Price To Operating Cash Flows Ratio29.9226.986924.0778
Slightly volatile
Price To Free Cash Flows Ratio44.7629.400529.7754
Slightly volatile
Pretax Profit Margin0.250.28480.2316
Slightly volatile
Ebt Per Ebit0.781.01840.9881
Very volatile
Operating Profit Margin0.150.27970.225
Slightly volatile
Effective Tax Rate0.350.28530.2796
Pretty Stable
Company Equity Multiplier1.961.57231.7703
Very volatile
Long Term Debt To Capitalization0.0880.11860.1851
Pretty Stable
Total Debt To Capitalization0.120.15280.228
Very volatile
Return On Capital Employed0.190.19380.1612
Slightly volatile
Debt Equity Ratio0.160.18030.3114
Very volatile
Ebit Per Revenue0.150.27970.225
Slightly volatile
Quick Ratio1.121.17431.4115
Slightly volatile
Dividend Paid And Capex Coverage Ratio2.482.58532.1389
Slightly volatile
Net Income Per E B T0.540.6990.7177
Very volatile
Cash Ratio0.920.47650.5624
Pretty Stable
Operating Cash Flow Sales Ratio0.160.24460.1999
Very volatile
Days Of Inventory Outstanding5.134.884.3138
Pretty Stable
Days Of Sales Outstanding11572.137198.7582
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.620.91790.7847
Slightly volatile
Cash Flow Coverage Ratios1.061.11543.8703
Slightly volatile
Price To Book Ratio7.325.42854.2706
Slightly volatile
Fixed Asset Turnover5.988.18327.4142
Slightly volatile
Capital Expenditure Coverage Ratio12.7912.18136.615
Slightly volatile
Price Cash Flow Ratio29.9226.986924.0778
Slightly volatile
Enterprise Value Multiple14.5718.434916.9517
Slightly volatile
Debt Ratio0.0880.11470.1727
Very volatile
Cash Flow To Debt Ratio1.061.11543.8703
Slightly volatile
Price Sales Ratio3.876.60154.5836
Slightly volatile
Return On Assets0.130.10410.0927
Slightly volatile
Asset Turnover0.850.5230.5557
Slightly volatile
Net Profit Margin0.130.19910.1646
Slightly volatile
Gross Profit Margin0.550.73480.7115
Slightly volatile
Price Fair Value7.325.42854.2706
Slightly volatile
Return On Equity0.220.16370.1611
Slightly volatile

S A P Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap26.3 B44.7 B45.3 B
Pretty Stable
Enterprise Value25 B42.6 B43.1 B
Pretty Stable

SAP Fundamental Market Drivers

Forward Price Earnings22.779
Cash And Short Term Investments9.8 B

SAP Upcoming Events

19th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
28th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About S A P Financial Statements

S A P shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although S A P investors may analyze each financial statement separately, they are all interrelated. The changes in S A P's assets and liabilities, for example, are also reflected in the revenues and expenses on on S A P's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue6.6 B6.9 B
Total Revenue35.3 B17.7 B
Cost Of Revenue9.4 B5.3 B
Stock Based Compensation To Revenue 0.06  0.07 
Sales General And Administrative To Revenue 0.05  0.05 
Research And Ddevelopement To Revenue 0.18  0.12 
Capex To Revenue 0.02  0.02 
Revenue Per Share 31.56  33.14 
Ebit Per Revenue 0.28  0.15 

Pair Trading with S A P

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if S A P position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in S A P will appreciate offsetting losses from the drop in the long position's value.

Moving together with SAP Stock

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Moving against SAP Stock

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The ability to find closely correlated positions to S A P could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace S A P when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back S A P - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SAP SE ADR to buy it.
The correlation of S A P is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as S A P moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SAP SE ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for S A P can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for SAP Stock Analysis

When running S A P's price analysis, check to measure S A P's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy S A P is operating at the current time. Most of S A P's value examination focuses on studying past and present price action to predict the probability of S A P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move S A P's price. Additionally, you may evaluate how the addition of S A P to your portfolios can decrease your overall portfolio volatility.