SAP Financial Statements From 2010 to 2026

SAP Stock  USD 242.91  1.68  0.69%   
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
26.9 B
Profit Margin
0.1941
Market Capitalization
283.4 B
Enterprise Value Revenue
6.6268
Revenue
36.5 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 01/02/2026, 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

41.27 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 841.1 M, Interest Expense of 1.2 B or Total Revenue of 41.3 B, as well as many indicators such as Price To Sales Ratio of 3.82, Dividend Yield of 0.0105 or PTB Ratio of 7.36. 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 Assets89.5 B85.2 B52.1 B
Slightly volatile
Short and Long Term Debt Total12.9 B12.2 B9.8 B
Slightly volatile
Total Current Liabilities23 B21.9 B12.3 B
Slightly volatile
Total Stockholder Equity54.9 B52.3 B29.9 B
Slightly volatile
Property Plant And Equipment Net5.4 B5.2 B3.5 B
Slightly volatile
Retained Earnings51.8 B49.3 B28.2 B
Slightly volatile
Cash11.6 B11.1 B6.1 B
Slightly volatile
Non Current Assets Total63.7 B60.6 B37.6 B
Slightly volatile
Non Currrent Assets Other5.3 BB2.3 B
Slightly volatile
Cash And Short Term Investments13.6 B12.9 B7.2 B
Slightly volatile
Net Receivables4.5 B8.9 B5.9 B
Slightly volatile
Common Stock Total Equity855.6 M1.4 B1.2 B
Pretty Stable
Common Stock Shares Outstanding970.5 M1.1 B1.2 B
Slightly volatile
Short Term InvestmentsB1.9 B1.1 B
Slightly volatile
Liabilities And Stockholders Equity89.5 B85.2 B52.1 B
Slightly volatile
Non Current Liabilities Total6.2 B10.6 B9.3 B
Slightly volatile
Other Current Assets2.9 B2.8 B1.4 B
Slightly volatile
Total Liabilities34.2 B32.6 B21.8 B
Slightly volatile
Property Plant And Equipment Gross5.4 B5.2 B3.5 B
Slightly volatile
Total Current Assets25.8 B24.6 B14.6 B
Slightly volatile
Intangible Assets2.2 B3.1 B3.3 B
Very volatile
Common Stock1.1 B1.4 B1.2 B
Slightly volatile
Other Current Liabilities3.3 B6.4 B4.5 B
Slightly volatile
Current Deferred Revenue7.2 B6.9 B3.5 B
Slightly volatile
Accounts Payable2.4 B2.3 B1.3 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 Will37.6 B35.8 B23.9 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 Amortization841.1 M1.5 B1.2 B
Slightly volatile
Total Revenue41.3 B39.3 B24.5 B
Slightly volatile
Gross Profit30.1 B28.7 B17.6 B
Slightly volatile
Other Operating Expenses35.6 B33.9 B19.6 B
Slightly volatile
Operating Income3.4 B5.4 B4.8 B
Slightly volatile
EBIT3.7 B6.7 B5.4 B
Slightly volatile
EBITDA4.6 B8.1 B6.6 B
Slightly volatile
Cost Of Revenue11.2 B10.6 BB
Slightly volatile
Total Operating Expenses24.5 B23.3 B12.7 B
Slightly volatile
Income Before Tax3.7 B5.5 B4.8 B
Slightly volatile
Net Income2.7 B3.6 B3.5 B
Slightly volatile
Income Tax Expense1.1 B1.9 B1.3 B
Slightly volatile
Selling General Administrative1.1 B1.3 B1.2 B
Slightly volatile
Research Development7.9 B7.5 B4.2 B
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 Flow2.8 B5.1 B3.7 B
Slightly volatile
Begin Period Cash Flow9.8 B9.3 B5.5 B
Slightly volatile
Depreciation862.8 M1.5 B1.3 B
Slightly volatile
Dividends Paid3.1 B2.9 B1.8 B
Slightly volatile
Total Cash From Operating Activities3.4 BB4.5 B
Slightly volatile
Net Income2.6 B3.6 B3.5 B
Slightly volatile
End Period Cash Flow11.6 B11.1 BB
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 Ratio3.827.264.6194
Slightly volatile
Dividend Yield0.01050.00840.0157
Slightly volatile
PTB Ratio7.366.974.3636
Slightly volatile
Days Sales Outstanding11695.03100
Slightly volatile
Book Value Per Share37.1335.3624.2966
Slightly volatile
Free Cash Flow Yield0.01750.01850.0405
Slightly volatile
Operating Cash Flow Per Share2.064.033.6859
Slightly volatile
Average Payables206.6 M325.6 M348.6 M
Slightly volatile
Stock Based Compensation To Revenue0.06720.0640.0429
Slightly volatile
Capex To Depreciation1.160.720.8177
Slightly volatile
PB Ratio7.366.974.3636
Slightly volatile
EV To Sales3.827.284.7493
Slightly volatile
Free Cash Flow Per Share3.583.413.1664
Slightly volatile
ROIC0.05710.06010.1053
Slightly volatile
Inventory Turnover73.5277.38101
Slightly volatile
Net Income Per Share1.622.412.8887
Slightly volatile
Days Of Inventory On Hand5.134.884.3138
Pretty Stable
Payables Turnover6.625.345.5876
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 Revenue0.120.170.1563
Slightly volatile
Capex To Revenue0.04490.02680.039
Slightly volatile
Cash Per Share9.118.675.6606
Slightly volatile
POCF Ratio63.7460.728.0503
Slightly volatile
Interest Coverage4.945.216.9009
Slightly volatile
Payout Ratio0.780.740.4984
Slightly volatile
Capex To Operating Cash Flow0.250.180.2134
Slightly volatile
PFCF Ratio45.1971.6432.2854
Slightly volatile
Days Payables Outstanding73.5690.3774.9342
Very volatile
Income Quality1.051.51.2326
Slightly volatile
ROE0.07510.07910.1476
Slightly volatile
EV To Operating Cash Flow63.9860.9328.7174
Slightly volatile
PE Ratio10610139.2813
Slightly volatile
Return On Tangible Assets0.08480.08920.1796
Slightly volatile
EV To Free Cash Flow44.9271.9133.1021
Slightly volatile
Earnings Yield0.01240.0130.0407
Slightly volatile
Intangibles To Total Assets0.270.410.4954
Very volatile
Current Ratio2.51.291.5006
Pretty Stable
Receivables Turnover2.863.983.7408
Slightly volatile
Graham Number45.843.6238.9397
Slightly volatile
Shareholders Equity Per Share36.8335.0723.9403
Slightly volatile
Debt To Equity0.160.210.3132
Very volatile
Capex Per Share0.380.620.6449
Slightly volatile
Average Receivables2.2 B2.4 B2.1 B
Slightly volatile
Revenue Per Share27.726.3819.8736
Slightly volatile
Interest Debt Per Share9.479.028.091
Slightly volatile
Debt To Assets0.0880.130.1736
Very volatile
Enterprise Value Over EBITDA40.3938.4719.6491
Slightly volatile
Short Term Coverage Ratios1.571.653.6122
Slightly volatile
Price Earnings Ratio10610139.2813
Slightly volatile
Operating Cycle11795.03101
Slightly volatile
Price Book Value Ratio7.366.974.3636
Slightly volatile
Days Of Payables Outstanding73.5690.3774.9342
Very volatile
Dividend Payout Ratio0.780.740.4984
Slightly volatile
Price To Operating Cash Flows Ratio63.7460.728.0503
Slightly volatile
Price To Free Cash Flows Ratio45.1971.6432.2854
Slightly volatile
Pretax Profit Margin0.250.160.2242
Slightly volatile
Ebt Per Ebit0.780.920.9823
Pretty Stable
Operating Profit Margin0.150.120.2156
Slightly volatile
Effective Tax Rate0.350.390.2857
Slightly volatile
Company Equity Multiplier1.961.881.7884
Pretty Stable
Long Term Debt To Capitalization0.0880.0940.1837
Pretty Stable
Total Debt To Capitalization0.120.170.229
Very volatile
Return On Capital Employed0.190.09750.1555
Slightly volatile
Debt Equity Ratio0.160.210.3132
Very volatile
Ebit Per Revenue0.150.120.2156
Slightly volatile
Quick Ratio2.51.291.4995
Pretty Stable
Dividend Paid And Capex Coverage Ratio2.461.792.0909
Slightly volatile
Net Income Per E B T0.540.590.7113
Pretty Stable
Cash Ratio0.940.580.5697
Very volatile
Operating Cash Flow Sales Ratio0.150.140.1931
Slightly volatile
Days Of Inventory Outstanding5.134.884.3138
Pretty Stable
Days Of Sales Outstanding11695.03100
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.620.760.7754
Pretty Stable
Cash Flow Coverage Ratios0.540.563.807
Slightly volatile
Price To Book Ratio7.366.974.3636
Slightly volatile
Fixed Asset Turnover8.218.757.5787
Slightly volatile
Capital Expenditure Coverage Ratio4.585.895.762
Pretty Stable
Price Cash Flow Ratio63.7460.728.0503
Slightly volatile
Enterprise Value Multiple40.3938.4719.6491
Slightly volatile
Debt Ratio0.0880.130.1736
Very volatile
Cash Flow To Debt Ratio0.540.563.807
Slightly volatile
Price Sales Ratio3.827.264.6194
Slightly volatile
Return On Assets0.0460.04850.0845
Slightly volatile
Asset Turnover0.860.530.5567
Slightly volatile
Net Profit Margin0.120.08230.1571
Slightly volatile
Gross Profit Margin0.550.660.7071
Slightly volatile
Price Fair Value7.366.974.3636
Slightly volatile
Return On Equity0.07510.07910.1476
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 Earnings28.2486
Cash And Short Term Investments11.2 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 Revenue6.9 B7.2 B
Total Revenue39.3 B41.3 B
Cost Of Revenue10.6 B11.2 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 0.17  0.12 
Capex To Revenue 0.03  0.04 
Revenue Per Share 26.38  27.70 
Ebit Per Revenue 0.12  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.

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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.