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Founded in Germany in 1972 by former IBM employees, SAP is the world’s largest provider of enterprise application software. Known as the leader in enterprise resource planning software, SAP’s portfolio also includes software for supply chain management, procurement, travel and expense management, and customer relationship management, among others. The company operates in more than 180 countries and has more than 400,000 customers, approximately 80% of which are small to medium-size enterprises.
1972
110.0K+
LTM Revenue $40.3B
LTM EBITDA $10.8B
$348B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
SAP has a last 12-month revenue of $40.3B and a last 12-month EBITDA of $10.8B.
In the most recent fiscal year, SAP achieved revenue of $38.7B and an EBITDA of $7.3B.
SAP expects next 12-month revenue of XXX and NTM EBITDA of XXX
See SAP valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $35.4B | $38.7B | XXX | XXX | XXX |
| Gross Profit | $24.9B | $25.5B | XXX | XXX | XXX |
| Gross Margin | 70% | 66% | XXX | XXX | XXX |
| EBITDA | $8.5B | $7.3B | XXX | XXX | XXX |
| EBITDA Margin | 24% | 19% | XXX | XXX | XXX |
| Net Profit | $2.6B | $7.0B | XXX | XXX | XXX |
| Net Margin | 7% | 18% | XXX | XXX | XXX |
| Net Debt | $2.2B | n/a | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of May 23, 2025, SAP's stock price is EUR 265 (or $301).
SAP has current market cap of EUR 310B (or $351B), and EV of EUR 307B (or $348B).
See SAP trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $348B | $351B | XXX | XXX | XXX | XXX | $5.86 |
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Start Free TrialAs of May 23, 2025, SAP has market cap of $351B and EV of $348B.
SAP's trades at 8.6x LTM EV/Revenue multiple, and 32.3x LTM EBITDA.
Analysts estimate SAP's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for SAP and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $348B | XXX | XXX | XXX |
| EV/Revenue | 9.0x | XXX | XXX | XXX |
| EV/EBITDA | 47.4x | XXX | XXX | XXX |
| P/E | 99.1x | XXX | XXX | XXX |
| P/E/Growth | 1.5x | XXX | XXX | XXX |
| EV/FCF | 69.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialSAP's NTM/LTM revenue growth is 11%
SAP's revenue per employee for the last fiscal year averaged $0.4M, while opex per employee averaged n/a for the same period.
Over next 12 months, SAP's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate SAP's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for SAP and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 10% | XXX | XXX | XXX | XXX |
| EBITDA Margin | N/A | XXX | XXX | XXX | XXX |
| EBITDA Growth | -14% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 0% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.4M | XXX | XXX | XXX | XXX |
| Opex per Employee | n/a | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 0% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 1% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Technology One | XXX | XXX | XXX | XXX | XXX | XXX |
| Ilyda | XXX | XXX | XXX | XXX | XXX | XXX |
| Logismos Information | XXX | XXX | XXX | XXX | XXX | XXX |
| Ramco | XXX | XXX | XXX | XXX | XXX | XXX |
| TOTVS | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
SAP acquired XXX companies to date.
Last acquisition by SAP was XXXXXXXX, XXXXX XXXXX XXXXXX . SAP acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial| When was SAP founded? | SAP was founded in 1972. |
| Where is SAP headquartered? | SAP is headquartered in Germany. |
| How many employees does SAP have? | As of today, SAP has 110.0K+ employees. |
| Who is the CEO of SAP? | SAP's CEO is Mr. Christian Klein. |
| Is SAP publicy listed? | Yes, SAP is a public company listed on ETR. |
| What is the stock symbol of SAP? | SAP trades under SAP ticker. |
| When did SAP go public? | SAP went public in 1988. |
| Who are competitors of SAP? | Similar companies to SAP include e.g. Technology One, Ilyda, Logismos Information, Ramco. |
| What is the current market cap of SAP? | SAP's current market cap is $351B |
| What is the current revenue of SAP? | SAP's last 12-month revenue is $40.3B. |
| What is the current EBITDA of SAP? | SAP's last 12-month EBITDA is $10.8B. |
| What is the current EV/Revenue multiple of SAP? | Current revenue multiple of SAP is 8.6x. |
| What is the current EV/EBITDA multiple of SAP? | Current EBITDA multiple of SAP is 32.3x. |
| What is the current revenue growth of SAP? | SAP revenue growth between 2023 and 2024 was 10%. |
| Is SAP profitable? | Yes, SAP is EBITDA-positive (as of the last 12 months). |
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