SAP (SAP.DE) Stock Price

SAP Price

XETRA·CLOSED
147.78EUR+7.58 (+5.26 %)
Market closed

Over the last 19 years SAP grew revenue by 7.5% annually, reaching 36.80 B EUR. Earnings per share have grown at 7.6% per year over the last 19 years. For SAP, the net margin of 19.9% is broadly stable versus 19.5% a few years ago. At today's price the dividend yield works out to roughly 1.59%. The payout ratio is around 38% of earnings. The dividend has grown at 2.6% per year over the past 19 years. The consensus 12-month price target for SAP is 261.63 EUR, about 77.0% above where the stock trades today. Of 41 analysts, 30 rate the stock a buy — an overall Buy consensus. The stock trades about 12% above its 52-week low.

SAP stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of SAP over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how SAP stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing SAP's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

SAP Stock Price History
DateSAP Price
7/27/2026147.78 EUR
7/24/2026140.20 EUR
7/23/2026132.06 EUR
7/22/2026132.04 EUR
7/21/2026136.42 EUR
7/20/2026138.26 EUR
7/17/2026138.51 EUR
7/16/2026137.64 EUR
7/15/2026136.98 EUR
7/14/2026136.72 EUR
7/13/2026138.32 EUR
7/10/2026137.58 EUR
7/9/2026137.74 EUR
7/8/2026139.16 EUR
7/7/2026143.90 EUR
7/6/2026140.06 EUR
7/3/2026139.20 EUR
7/2/2026141.72 EUR
7/1/2026140.88 EUR
6/30/2026134.00 EUR
6/29/2026136.64 EUR
6/26/2026135.14 EUR
6/25/2026132.28 EUR
6/24/2026134.86 EUR
6/23/2026134.52 EUR
6/22/2026132.22 EUR
6/19/2026135.76 EUR
6/18/2026138.94 EUR
6/17/2026142.16 EUR
6/16/2026145.34 EUR
6/15/2026144.18 EUR
6/12/2026141.70 EUR
6/11/2026143.76 EUR
6/10/2026150.88 EUR
6/9/2026154.70 EUR
6/8/2026160.72 EUR
6/5/2026168.42 EUR
6/4/2026163.28 EUR
6/3/2026159.60 EUR
6/2/2026171.06 EUR
6/1/2026160.28 EUR
5/29/2026152.18 EUR
5/28/2026150.62 EUR
5/27/2026150.90 EUR
5/26/2026152.92 EUR
5/25/2026153.52 EUR
5/22/2026150.44 EUR
5/21/2026152.84 EUR
5/20/2026154.00 EUR
5/19/2026156.72 EUR
5/18/2026147.86 EUR
5/15/2026144.06 EUR
5/14/2026141.22 EUR
5/13/2026136.26 EUR
5/12/2026142.40 EUR
5/11/2026144.46 EUR
5/8/2026146.20 EUR
5/7/2026151.38 EUR
5/6/2026149.32 EUR
5/5/2026149.80 EUR
5/4/2026148.06 EUR
4/30/2026145.50 EUR
4/29/2026145.88 EUR
4/28/2026148.88 EUR
4/27/2026148.96 EUR
4/24/2026147.28 EUR
4/23/2026140.70 EUR
4/22/2026149.82 EUR
4/21/2026151.16 EUR
4/20/2026150.20 EUR
4/17/2026156.24 EUR
4/16/2026151.66 EUR
4/15/2026146.54 EUR
4/14/2026143.46 EUR
4/13/2026142.50 EUR
4/10/2026139.38 EUR
4/9/2026139.50 EUR
4/8/2026149.70 EUR
4/7/2026145.22 EUR
4/2/2026148.90 EUR
4/1/2026148.86 EUR
3/31/2026146.90 EUR
3/30/2026147.02 EUR
3/27/2026142.56 EUR
3/26/2026144.64 EUR
3/25/2026146.90 EUR
3/24/2026147.62 EUR
3/23/2026153.86 EUR
3/20/2026153.82 EUR
3/19/2026160.00 EUR
3/18/2026161.44 EUR
3/17/2026166.24 EUR
3/16/2026165.46 EUR
3/13/2026166.44 EUR
3/12/2026167.02 EUR
3/11/2026165.44 EUR
3/10/2026169.60 EUR
3/9/2026171.88 EUR
3/6/2026172.74 EUR
3/5/2026170.98 EUR
3/4/2026167.38 EUR
3/3/2026165.48 EUR
3/2/2026167.10 EUR
2/27/2026170.96 EUR
2/26/2026172.22 EUR
2/25/2026166.78 EUR
2/24/2026165.84 EUR
2/23/2026167.86 EUR
2/20/2026173.80 EUR
2/19/2026170.74 EUR
2/18/2026173.38 EUR
2/17/2026169.64 EUR
2/16/2026168.36 EUR
2/13/2026171.72 EUR
2/12/2026169.70 EUR
2/11/2026169.00 EUR
2/10/2026178.28 EUR
2/9/2026174.92 EUR
2/6/2026171.22 EUR
2/5/2026170.48 EUR
2/4/2026167.20 EUR
2/3/2026167.00 EUR
2/2/2026175.10 EUR
1/30/2026170.56 EUR
1/29/2026164.62 EUR
1/28/2026196.14 EUR
1/27/2026195.54 EUR
1/26/2026200.95 EUR
1/23/2026197.92 EUR
1/22/2026189.84 EUR
1/21/2026191.04 EUR
1/20/2026194.00 EUR
1/19/2026195.96 EUR
1/16/2026202.15 EUR
1/15/2026205.60 EUR
1/14/2026206.10 EUR
1/13/2026213.45 EUR
1/12/2026213.10 EUR
1/9/2026212.35 EUR
1/8/2026206.50 EUR
1/7/2026208.40 EUR
1/6/2026202.05 EUR
1/5/2026206.20 EUR
1/2/2026201.95 EUR
12/30/2025208.35 EUR
12/29/2025208.45 EUR
12/23/2025207.70 EUR
12/22/2025208.55 EUR
12/19/2025208.80 EUR
12/18/2025206.65 EUR
12/17/2025206.65 EUR
12/16/2025206.65 EUR
12/15/2025208.20 EUR
12/12/2025208.20 EUR
12/11/2025209.30 EUR
12/10/2025210.95 EUR
12/9/2025210.00 EUR
12/8/2025210.10 EUR
12/5/2025213.25 EUR
12/4/2025210.15 EUR
12/3/2025206.50 EUR
12/2/2025207.85 EUR
12/1/2025208.90 EUR
11/28/2025208.55 EUR
11/27/2025207.00 EUR
11/26/2025206.70 EUR
11/25/2025204.85 EUR
11/24/2025207.50 EUR
11/21/2025205.00 EUR
11/20/2025206.60 EUR
11/19/2025205.50 EUR
11/18/2025205.35 EUR
11/17/2025207.00 EUR
11/14/2025211.10 EUR
11/13/2025218.40 EUR
11/12/2025218.40 EUR
11/11/2025217.05 EUR
11/10/2025216.25 EUR
11/7/2025217.95 EUR
11/6/2025217.95 EUR
11/5/2025227.95 EUR
11/4/2025226.05 EUR
11/3/2025228.85 EUR
10/31/2025224.45 EUR
10/30/2025225.85 EUR
10/29/2025224.30 EUR
10/28/2025234.10 EUR
10/27/2025235.55 EUR
10/24/2025233.35 EUR
10/23/2025242.00 EUR
10/22/2025236.85 EUR
10/21/2025240.40 EUR
10/20/2025238.60 EUR
10/17/2025230.95 EUR
10/16/2025233.20 EUR
10/15/2025234.20 EUR
10/14/2025232.70 EUR
10/13/2025231.40 EUR
10/10/2025230.55 EUR
10/9/2025237.80 EUR
10/8/2025237.20 EUR
10/7/2025235.00 EUR
10/6/2025231.60 EUR
10/3/2025230.15 EUR
10/2/2025232.10 EUR
10/1/2025227.80 EUR
9/30/2025225.55 EUR
9/29/2025225.55 EUR
9/26/2025225.15 EUR
9/25/2025225.20 EUR
9/24/2025228.00 EUR
9/23/2025226.20 EUR
9/22/2025227.55 EUR
9/19/2025227.55 EUR
9/18/2025229.50 EUR
9/17/2025217.70 EUR
9/16/2025210.95 EUR
9/15/2025214.65 EUR
9/12/2025220.90 EUR
9/11/2025219.80 EUR
9/10/2025223.70 EUR
9/9/2025230.30 EUR
9/8/2025230.45 EUR
9/5/2025228.25 EUR
9/4/2025233.20 EUR
9/3/2025231.35 EUR
9/2/2025227.25 EUR
9/1/2025233.90 EUR
8/29/2025231.70 EUR
8/28/2025236.35 EUR
8/27/2025236.40 EUR
8/26/2025231.85 EUR
8/25/2025233.00 EUR
8/22/2025232.60 EUR
8/21/2025232.15 EUR
8/20/2025233.75 EUR
8/19/2025236.90 EUR
8/18/2025236.65 EUR
8/15/2025237.00 EUR
8/14/2025239.00 EUR
8/13/2025239.00 EUR
8/12/2025232.00 EUR
8/11/2025249.35 EUR
8/8/2025250.10 EUR
8/7/2025254.75 EUR
8/6/2025248.85 EUR
8/5/2025246.65 EUR
8/4/2025244.75 EUR
8/1/2025244.65 EUR
7/31/2025250.80 EUR
7/30/2025253.00 EUR
7/29/2025248.45 EUR
7/28/2025244.05 EUR
Access this data via the Eulerpool API

SAP Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
31.21 B EUR
6.58 B EUR
3.60 B EUR
Jan 1, 2024
34.18 B EUR
5.19 B EUR
3.12 B EUR
Jan 1, 2025
36.80 B EUR
10.29 B EUR
7.33 B EUR
Jan 1, 2026 (e)
40.20 B EUR
12.15 B EUR
8.38 B EUR
Jan 1, 2027 (e)
44.86 B EUR
14.27 B EUR
9.75 B EUR
Jan 1, 2028 (e)
55.53 B EUR
15.95 B EUR
11.58 B EUR
Jan 1, 2029 (e)
62.11 B EUR
18.19 B EUR
13.74 B EUR
Jan 1, 2030 (e)
71.76 B EUR
0.00 EUR
15.31 B EUR

SAP Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 27, 2026, 1:00 PM
 
REVENUEB EUR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB EUR
EBITB EUR
EBIT MARGIN%
NET INCOMEB EUR
NET INCOME GROWTH%
DIV.EUR
DIV. GROWTH%
SHARESB
201220132014201520162017201820192020202120222023202420252026e2027e
16.2216.8217.5620.7922.0623.4624.7127.5527.3426.9530.8731.2134.1836.8040.2044.86
13.983.654.4318.416.116.345.3211.51-0.78-1.4114.541.099.517.689.2311.62
68.7270.0871.6369.9770.1669.9569.8069.6971.1673.2271.0572.4372.9573.4873.4873.48
11.1511.7812.5814.5515.4816.4117.2519.2019.4519.7321.9422.6024.9327.0429.5432.97
4.044.484.334.255.144.885.706.346.626.314.676.585.1910.2912.1514.27
24.9126.6424.6620.4523.2720.7923.0822.9924.2323.4015.1321.1015.1927.9730.2431.80
2.803.333.283.063.644.014.083.325.155.263.283.603.127.338.389.75
-18.4018.66-1.38-6.5918.8610.051.87-18.6654.922.16-37.639.76-13.17134.5414.3416.42
0.750.851.001.101.151.251.401.501.581.851.952.052.202.352.542.75
25.0013.3317.6510.004.558.7012.007.145.3317.095.415.137.326.828.098.27
1.191.201.201.201.201.191.191.191.181.181.171.181.181.171.171.17
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales SAP generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue SAP retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare SAP's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares SAP has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against SAP's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

SAP stock margins

The SAP margin analysis displays the gross margin, EBIT margin, as well as the profit margin of SAP. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for SAP.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
73.22 %
23.40 %
19.50 %
Jan 1, 2022
71.05 %
15.13 %
10.62 %
Jan 1, 2023
72.43 %
21.10 %
11.53 %
Jan 1, 2024
72.95 %
15.19 %
9.14 %
Jan 1, 2025
73.48 %
27.97 %
19.91 %
Jan 1, 2026 (e)
73.48 %
30.23 %
20.84 %
Jan 1, 2027 (e)
73.48 %
31.80 %
21.74 %
Jan 1, 2028 (e)
73.48 %
28.73 %
20.86 %

SAP Stock Revenue, EBIT, Earnings per Share

The SAP earnings per share therefore indicates how much revenue SAP has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
22.85 EUR
5.35 EUR
4.46 EUR
Jan 1, 2022
26.34 EUR
3.99 EUR
2.80 EUR
Jan 1, 2023
26.49 EUR
5.59 EUR
3.05 EUR
Jan 1, 2024
29.06 EUR
4.41 EUR
2.66 EUR
Jan 1, 2025
31.40 EUR
8.78 EUR
6.25 EUR
Jan 1, 2026 (e)
34.47 EUR
10.37 EUR
7.19 EUR
Jan 1, 2027 (e)
38.48 EUR
12.17 EUR
8.37 EUR
Jan 1, 2028 (e)
47.63 EUR
13.61 EUR
9.93 EUR

SAP business model & stock analysis

SAP SE is a globally leading company in the field of enterprise software, with its headquarters in Walldorf, Germany. The company was founded in 1972 by five former IBM employees and has evolved over time to become one of the largest providers of ERP software. The business model of SAP SE is based on the development and sale of enterprise software, as well as the provision of cloud-based solutions and services. The company's software is used in various industries such as finance, manufacturing, sales, and procurement. To better meet customer needs, SAP offers a wide range of products and solutions, including Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Supply Chain Management (SCM), Business Intelligence (BI), databases, and applications for mobile devices. SAP has enabled a comprehensive digital transformation in companies with the introduction of R/2 and R/3 solutions, thereby significantly contributing to changing the way businesses carry out their processes. With the introduction of SAP S/4HANA, the company has ushered in the next generation of ERP systems, based on in-memory technology. This means that SAP S/4HANA is capable of processing large amounts of data in real-time, enabling users to make faster decisions. In addition to the traditional core applications, SAP SE also offers a variety of industry-specific applications tailored to the needs of certain industries, such as SAP Ariba solutions for procurement management and SAP SuccessFactors for human resources. The company also provides cloud-based applications, including SAP Cloud Platform and SAP Leonardo, a platform for Internet of Things (IoT) and machine learning. SAP SE serves customers from a variety of industries, ranging from small and medium-sized enterprises to multinational corporations. The company operates in more than 180 countries and employs over 100,000 people worldwide. SAP's global presence and wide range of products and solutions have contributed to its inclusion in the Fortune Global 500 index. SAP SE has a strong corporate culture based on innovation and collaboration. The company is also actively engaged in corporate social responsibility (CSR) and advocates for issues such as sustainability and workplace diversity. Overall, SAP SE remains a key player in the enterprise software industry. The company is known for its advanced technology and commitment to customer care. The variety of products and solutions it offers allows customers to optimize their business processes and maximize their potential.

SAP SWOT Analysis

Strengths

1. Global presence and brand recognition: SAP SE is a well-established multinational software corporation, known for its quality products and services across the globe.

2. Diverse product portfolio: SAP offers a wide range of software solutions catering to various industries, including enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), and more.

3. Strong customer base: SAP has a large and loyal customer base, including some of the world's leading companies, which provides recurring revenue and opportunities for upselling.

4. Continuous innovation: The company invests heavily in research and development, ensuring its software solutions remain at the forefront of technological advancements.

Weaknesses

1. High implementation and maintenance costs: SAP's solutions can be costly for smaller businesses, making them less accessible to a portion of the market.

2. Complexity of software: SAP's software solutions often require significant training and learning curves, which can be challenging for users and may lead to lower adoption rates.

3. Dependency on integrations: Several SAP products rely on successful integrations with other systems, which can introduce complexities and potential issues if integrations fail or are not properly managed.

Opportunities

1. Growing demand for cloud-based solutions: SAP can capitalize on the increasing demand for cloud-based software solutions by expanding its cloud offerings and services.

2. Emerging markets: SAP has the opportunity to expand its market presence in emerging economies, where the adoption of technology and digitization is rapidly increasing.

3. Innovation in artificial intelligence and machine learning: By investing in cutting-edge technologies, SAP can enhance its software solutions with AI and ML capabilities, providing added value to customers.

Threats

1. Intense competition: The software industry is highly competitive, with several major players vying for market share. SAP needs to continuously innovate and differentiate itself to stay ahead.

2. Economic downturns: During economic downturns, businesses may reduce investments in software solutions, impacting SAP's revenue and profitability.

3. Security and data privacy concerns: As data breaches and cybersecurity threats continue to rise, SAP faces the challenge of ensuring strong data protection measures to maintain customer trust.

SAP Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

SAP historical P/E ratio, EBIT multiple, and P/S ratio

SAP annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

SAP shares outstanding

The number of shares of SAP was 1.17 B in 2025. This indicates how many shares SAP is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
1.18 B Stocks
Jan 1, 2022
1.17 B Stocks
Jan 1, 2023
1.18 B Stocks
Jan 1, 2024
1.18 B Stocks
Jan 1, 2025
1.17 B Stocks
Jan 1, 2026 (e)
1.17 B Stocks
Jan 1, 2027 (e)
1.17 B Stocks
Jan 1, 2028 (e)
1.17 B Stocks

SAP stock splits

In SAP's history, there have been no stock splits.

SAP Dividend History

31 years of dividend payments · 15 consecutive increases

YearAnnual DividendYoY ChangePayments
20252.35EUR 6.8%
May 14, 20252.35EUR 6.8%1/1
20242.20EUR 7.3%
20232.05EUR 5.1%
20221.95EUR 5.4%
20211.85EUR 17.1%
20201.58EUR 5.3%
20191.50EUR 7.1%
20181.40EUR 12.0%
20171.25EUR 8.7%
20161.15EUR 4.5%

SAP dividend history and estimates

In 2025, SAP paid a dividend amounting to 2.35 EUR. Dividend means that SAP distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
1.85 EUR
0.00 EUR
Jan 1, 2022
1.95 EUR
0.00 EUR
Jan 1, 2023
2.05 EUR
0.00 EUR
Jan 1, 2024
2.20 EUR
0.00 EUR
Jan 1, 2025
2.35 EUR
0.00 EUR
Jan 1, 2026 (e)
0.00 EUR
2.54 EUR
Jan 1, 2027 (e)
0.00 EUR
2.75 EUR
Jan 1, 2028 (e)
0.00 EUR
2.98 EUR

SAP dividend payout ratio

In 2025, SAP had a payout ratio of 37.59%. The payout ratio indicates the percentage of the company's profits that SAP distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
41.52 %
Jan 1, 2022
69.72 %
Jan 1, 2023
67.12 %
Jan 1, 2024
82.82 %
Jan 1, 2025
37.59 %
Jan 1, 2026 (e)
35.41 %
Jan 1, 2027 (e)
32.93 %
Jan 1, 2028 (e)
30.02 %

Current SAP forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
10.00 %
Buy73.17 % (30)
Hold19.51 % (8)
Sell7.32 % (3)
12M Price Target
261.63
Last Price
140.20
Currency
EUR
12M Return Potential
86.61 %
LTM Return
0 %

SAP Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/19/20241.35EUR8.34 BEUR2024 Q1
1/24/20241.62EUR8.52 BEUR2023 Q4
7/19/20231.20EUR8.18 BEUR2023 Q2
4/20/20231.17EUR7.95 BEUR2023 Q1
1/26/20231.42EUR8.66 BEUR2022 Q4
10/18/20221.26EUR7.74 BEUR2022 Q3
7/21/20221.10EUR7.43 BEUR2022 Q2
4/22/20221.10EUR6.97 BEUR2022 Q1
1/27/20221.67EUR7.92 BEUR2021 Q4
10/21/20211.29EUR6.83 BEUR2021 Q3
...

EESG©

Eulerpool ESG Scorecard© for the SAP stock

83/100
76
Environment
83
Social
89
Governance
E

Environment

20
Scope 1 - Direct Emissions108,800
Scope 2 - Indirect emissions from purchased energy119,600
Scope 3 - Indirect emissions within the value chain6,757,500
Total CO₂ emissions228,400
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees35.4
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

SAP shareholder structure

% Name
6.84066%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
5.32618%
Hopp (Dietmar)
Hopp (Dietmar)
3.41405%
Hasso Plattner Foundation
Hasso Plattner Foundation
3.17389%
Plattner (Hasso)
Plattner (Hasso)
2.96097%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
2.63329%
Capital Research Global Investors
Capital Research Global Investors
...

SAP Executives and Management Board

CK

Mr. Christian Klein

(45)

Chief Executive Officer, Chairperson of the Executive Board

Compensation18.98 M EUR
TS

Mr. Thomas Saueressig

(40)

Head - Customer Services & Delivery, Member of the Executive Board

Compensation8.24 M EUR
DA

Mr. Dominik Asam

(56)

Chief Financial Officer, Member of the Executive Board

Compensation3.28 M EUR
GV

Ms. Gina Vargiu-Breuer

(50)

Chief People Officer, Labor Director, Member of the Executive Board

Compensation2.11 M EUR
MA

Mr. Muhammad Alam

(48)

Member of the Executive Board, Head - SAP product Engineering

Compensation1.94 M EUR

Frequently asked questions about SAP

The business model of SAP SE revolves around providing enterprise software solutions and services to businesses worldwide. SAP SE offers a wide range of software products that assist organizations in various areas such as finance, human resources, supply chain management, sales, and customer relationship management. These software solutions are designed to streamline business processes and improve efficiency, enabling companies to make data-driven decisions. SAP SE also offers cloud-based solutions and services to help businesses embrace digital transformation. With its strong portfolio of products, SAP SE aims to empower organizations and drive their growth in an increasingly interconnected and competitive business environment.

All fundamentals and in-depth analysis of SAP

Our stock analysis for SAP stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of SAP. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.