S A P Gross Profit vs. Net Income
| SAP Stock | USD 175.83 0.03 0.02% |
Gross Profit | First Reported 1999-03-31 | Previous Quarter 6.7 B | Current Value 7.2 B | Quarterly Volatility 1.8 B |
Macro event markers
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.55 | 0.7348 |
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| Net Profit Margin | 0.13 | 0.1991 |
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| Operating Profit Margin | 0.15 | 0.2797 |
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| Pretax Profit Margin | 0.25 | 0.2848 |
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| Return On Assets | 0.13 | 0.1041 |
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| Return On Equity | 0.22 | 0.1637 |
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The earnings profile for SAP SE ADR is expressed through operating and net margin relationships. The metrics are calculated from publicly filed financial reports.
World Market Map. Macro event markers
Quarterly Earnings Growth 0.05 | Dividend Share 2.5 | Earnings Share 7 | Revenue Per Share | Quarterly Revenue Growth 0.033 |
The gap between S A P's market value and book value reflects how the market perceives future potential versus historical cost.
The concept of value for S A P differs from its quoted price, since each reflects a different lens. By contrast, S A P market price reflects the level where buyers and sellers transact.
SAP SE ADR Net Income vs. Gross Profit Fundamental Analysis
Cross-company financial ratios help determine S A P's valuation standing. SAP SE ADR is ranked second for gross profit against industry peers. It also is ranked second for net income against industry peers with Net Income measuring nearly 0.26 against Gross Profit. Gross Profit runs about 3.86 times Net Income for SAP SE ADR. Recent filings indicate that Gross Profit continues increasing. It was pegged at 27.14 Billion in the prior reporting cycle. Valuation multiples such as P/E, P/B, and P/S compare S A P to peer earnings performance.SAP Net Income vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
S A P |
| = | 27.15 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
S A P |
| = | 7.04 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
SAP Net Income Comparison
S A P is currently under evaluation for net income against industry peers.
S A P Profitability Projections
The ability to earn steady profits sets sound investments apart from risky ones, making S A P's margins worth a close look. A rising profit trend for S A P is broadly seen as positive, while a falling one raises concerns. S A P currently maintains a profit margin of 19.5%. Steady profits across market cycles are a typical sign of a strong business model. The operating margin stands at 29.2% while return on equity is 16.1%. Pairing profit analysis with balance sheet and cash flow data gives a stronger view of S A P. Recent net income of 7.04 B reflects the bottom-line result of these profitability dynamics.
| Last Reported | End Of Year Estimate | ||
| Accumulated Other Comprehensive Income | 181.9 M | 172.8 M | |
| Operating Income | 9.8 B | 10.3 B | |
| Income Before Tax | 10.5 B | 11 B | |
| Total Other Income Expense Net | 653 M | 685.6 M | |
| Net Income | 7 B | 7.4 B | |
| Income Tax Expense | 3 B | 3.1 B | |
| Net Income Applicable To Common Shares | 7.3 B | 7.7 B | |
| Net Income From Continuing Ops | 7.3 B | 4.3 B | |
| Interest Income | 534 M | 654.4 M | |
| Net Interest Income | 534 M | 560.7 M | |
| Change To Netincome | 1.9 B | 2 B | |
| Net Income Per Share | 6.28 | 6.60 | |
| Income Quality | 1.23 | 1.05 | |
| Net Income Per E B T | 0.70 | 0.54 |
SAP Profitability Driver Comparison
Profitability drivers are factors that directly affect the investment outlook for S A P. Investors holding S A P's stock face unpredictable events that can materially affect the company's earnings.
Earnings Estimation Breakdown
The calculation of S A P's earnings per share is based on data from the past 12 consecutive months used for reporting the company's financial figures. The next projected EPS of S A P is estimated to be 1.92 with the future projection ranging from a low of 1.815 to a high of 2.058. Please be aware that this consensus of annual earnings estimates for SAP SE ADR is based on EPS before non-recurring items.Last Reported EPS
1.81 Lowest | Expected EPS | 2.06 Highest |
Earnings Projection Consensus
A consensus EPS-based estimate above S A P's current price may suggest the market is pricing in excessive pessimism or overlooking near-term catalysts. Conversely, an estimate below market price could reflect a premium valuation that requires sustained earnings growth to justify. Both interpretations demand risk assessment and should not be acted upon in isolation.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2026 | Current EPS (TTM) | |
| 16 | 70.98% | 1.93 | 1.92 | 7.0 |
Earnings History
Earnings estimate consensus by S A P analysts from Wall Street is used by the market to judge S A P's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we suggest analyzing not only S A P's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.S A P Quarterly Gross Profit | 7.25 Billion |
Experienced market participants anticipate that S A P's price will even out over time. Periods when S A P's deviates significantly from its historical mean may warrant further fundamental analysis.
Earnings per Share Projection vs Actual
When S A P reports actual EPS, investors compare it against the analyst consensus estimate for SAP SE ADR to judge performance. A beat versus consensus is typically interpreted as positive execution; a miss signals a shortfall relative to expectations. EPS is expressed on a weighted average per-share basis to account for equity changes within the reporting period.Estimated Months Earnings per Share
EPS serves income investors in S A P as a quick gauge of dividend affordability: the higher the EPS relative to the dividend per share, the more cushion management has. However, accounting EPS can diverge from cash-based earnings, so investors should validate EPS signals with operating cash flow and capex data. Comparing S A P's EPS to sector peers provides further context for dividend sustainability.Quarterly Analyst Estimates and Surprise Metrics
Earnings surprise history for S A P's reveals whether the company tends to guide conservatively or struggles to meet analyst expectations. A pattern of consistent beats signals strong management execution; repeated misses may indicate structural challenges. Analyst EPS estimates are formed from a combination of forward guidance, sector trends, and macroeconomic inputs.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2026-01-29 | 2025-12-31 | 1.72 | 1.93 | 0.21 | 12 | ||
2025-10-22 | 2025-09-30 | 1.64 | 1.99 | 0.35 | 21 | ||
2025-07-22 | 2025-06-30 | 1.69 | 1.76 | 0.07 | 4 | ||
2025-04-21 | 2025-03-31 | 1.23 | 1.74 | 0.51 | 41 | ||
2025-01-28 | 2024-12-31 | 1.49 | 1.47 | -0.02 | 1 | ||
2024-10-21 | 2024-09-30 | 1.31 | 1.33 | 0.02 | 1 | ||
2024-07-22 | 2024-06-30 | 1.08 | 1.2 | 0.12 | 11 | ||
2024-04-22 | 2024-03-31 | 0.72 | -0.76 | -1.48 | 205 | ||
2024-01-23 | 2023-12-31 | 1.74 | 1.53 | -0.21 | 12 | ||
2023-10-18 | 2023-09-30 | 1.51 | 1.53 | 0.02 | 1 | ||
2023-07-20 | 2023-06-30 | 1.31 | 0.69 | -0.62 | 47 | ||
2023-04-21 | 2023-03-31 | 1.16 | 1.18 | 0.02 | 1 | ||
2023-01-26 | 2022-12-31 | 1.5 | 1.09 | -0.41 | 27 | ||
2022-10-25 | 2022-09-30 | 1.25 | 1.11 | -0.14 | 11 | ||
2022-07-21 | 2022-06-30 | 1.07 | 0.98 | -0.09 | 8 | ||
2022-04-22 | 2022-03-31 | 1.27 | 1.08 | -0.19 | 14 | ||
2022-01-27 | 2021-12-31 | 1.91 | 2.1 | 0.19 | 9 | ||
2021-10-12 | 2021-09-30 | 1.57 | 2.01 | 0.44 | 28 | ||
2021-07-21 | 2021-06-30 | 1.47 | 2.06 | 0.59 | 40 | ||
2021-04-22 | 2021-03-31 | 1.17 | 1.68 | 0.51 | 43 | ||
2021-01-29 | 2020-12-31 | 1.88 | 2.05 | 0.17 | 9 | ||
2020-10-25 | 2020-09-30 | 1.49 | 2.01 | 0.52 | 34 | ||
2020-07-27 | 2020-06-30 | 1.27 | 1.38 | 0.11 | 8 | ||
2020-04-21 | 2020-03-31 | 1.02 | 0.92 | -0.1 | 9 | ||
2020-01-28 | 2019-12-31 | 1.91 | 2.01 | 0.1 | 5 | ||
2019-10-21 | 2019-09-30 | 1.36 | 1.45 | 0.09 | 6 | ||
2019-07-18 | 2019-06-30 | 1.23 | 1.22 | -0.01 | 0 | ||
2019-04-24 | 2019-03-31 | 0.94 | 1.01 | 0.07 | 7 | ||
2019-01-29 | 2018-12-31 | 1.81 | 1.73 | -0.08 | 4 | ||
2018-10-18 | 2018-09-30 | 1.26 | 1.31 | 0.05 | 3 | ||
2018-07-18 | 2018-06-30 | 1.16 | 1.14 | -0.02 | 1 | ||
2018-04-24 | 2018-03-31 | 0.89 | 0.89 | 0.0 | 0 | ||
2018-01-30 | 2017-12-31 | 1.85 | 2.19 | 0.34 | 18 | ||
2017-10-19 | 2017-09-30 | 1.17 | 1.2 | 0.03 | 2 | ||
2017-07-20 | 2017-06-30 | 1.05 | 1.09 | 0.04 | 3 | ||
2017-04-25 | 2017-03-31 | 0.78 | 0.8 | 0.02 | 2 | ||
2017-01-24 | 2016-12-31 | 1.56 | 1.63 | 0.07 | 4 | ||
2016-10-21 | 2016-09-30 | 1.06 | 0.99 | -0.07 | 6 | ||
2016-07-20 | 2016-06-30 | 1.01 | 0.9 | -0.11 | 10 | ||
2016-04-20 | 2016-03-31 | 0.79 | 0.72 | -0.07 | 8 | ||
2016-01-22 | 2015-12-31 | 1.52 | 1.51 | -0.01 | 0 | ||
2015-10-20 | 2015-09-30 | 1.01 | 1.11 | 0.1 | 9 | ||
2015-07-21 | 2015-06-30 | 0.92 | 0.87 | -0.05 | 5 | ||
2015-04-21 | 2015-03-31 | 0.69 | 0.63 | -0.06 | 8 | ||
2015-01-20 | 2014-12-31 | 1.54 | 1.52 | -0.02 | 1 | ||
2014-10-20 | 2014-09-30 | 1.11 | 1.07 | -0.04 | 3 | ||
2014-07-17 | 2014-06-30 | 1.05 | 1.07 | 0.02 | 1 | ||
2014-04-17 | 2014-03-31 | 0.8 | 0.77 | -0.03 | 3 | ||
2014-01-21 | 2013-12-31 | 1.7 | 1.74 | 0.04 | 2 | ||
2013-10-21 | 2013-09-30 | 1.05 | 1.07 | 0.02 | 1 | ||
2013-07-18 | 2013-06-30 | 0.98 | 0.96 | -0.02 | 2 | ||
2013-04-19 | 2013-03-31 | 0.76 | 0.75 | -0.01 | 1 | ||
2013-01-23 | 2012-12-31 | 1.53 | 1.51 | -0.02 | 1 | ||
2012-10-24 | 2012-09-30 | 0.94 | 0.91 | -0.03 | 3 | ||
2012-07-24 | 2012-06-30 | 0.89 | 0.85 | -0.04 | 4 | ||
2012-04-25 | 2012-03-31 | 0.67 | 0.65 | -0.02 | 2 | ||
2012-01-25 | 2011-12-31 | 1.38 | 1.4 | 0.02 | 1 | ||
2011-10-26 | 2011-09-30 | 0.85 | 1.0 | 0.15 | 17 | ||
2011-07-26 | 2011-06-30 | 0.81 | 0.86 | 0.05 | 6 | ||
2011-04-28 | 2011-03-31 | 0.66 | 0.64 | -0.02 | 3 | ||
2011-01-26 | 2010-12-31 | 1.16 | 1.27 | 0.11 | 9 | ||
2010-10-27 | 2010-09-30 | 0.66 | 0.7 | 0.04 | 6 | ||
2010-07-27 | 2010-06-30 | 0.59 | 0.6 | 0.01 | 1 | ||
2010-04-28 | 2010-03-31 | 0.52 | 0.49 | -0.03 | 5 | ||
2010-01-27 | 2009-12-31 | 0.94 | 0.94 | 0.0 | 0 | ||
2009-10-28 | 2009-09-30 | 0.58 | 0.61 | 0.03 | 5 | ||
2009-07-29 | 2009-06-30 | 0.49 | 0.57 | 0.08 | 16 | ||
2009-04-29 | 2009-03-31 | 0.38 | 0.29 | -0.09 | 23 | ||
2009-01-28 | 2008-12-31 | 0.97 | 1.03 | 0.06 | 6 | ||
2008-10-27 | 2008-09-30 | 0.59 | 0.51 | -0.08 | 13 | ||
2008-07-29 | 2008-06-30 | 0.65 | 0.65 | 0.0 | 0 | ||
2008-04-30 | 2008-03-31 | 0.47 | 0.45 | -0.02 | 4 | ||
2008-01-30 | 2007-12-31 | 0.92 | 0.95 | 0.03 | 3 | ||
2007-10-18 | 2007-09-30 | 0.47 | 0.51 | 0.04 | 8 | ||
2007-07-19 | 2007-06-30 | 0.43 | 0.51 | 0.08 | 18 | ||
2007-04-19 | 2007-03-31 | 0.36 | 0.37 | 0.01 | 2 | ||
2007-01-24 | 2006-12-31 | 0.79 | 0.87 | 0.08 | 10 | ||
2006-10-19 | 2006-09-30 | 0.39 | 0.41 | 0.02 | 5 | ||
2006-07-20 | 2006-06-30 | 0.37 | 0.44 | 0.07 | 18 | ||
2006-04-20 | 2006-03-31 | 0.3 | 0.32 | 0.02 | 6 | ||
2006-01-25 | 2005-12-31 | 0.62 | 0.64 | 0.02 | 3 | ||
2005-10-20 | 2005-09-30 | 0.34 | 0.33 | -0.01 | 2 | ||
2005-07-21 | 2005-06-30 | 0.31 | 0.28 | -0.03 | 9 | ||
2005-04-21 | 2005-03-31 | 0.26 | 0.27 | 0.01 | 3 | ||
2005-01-26 | 2004-12-31 | 0.55 | 0.58 | 0.03 | 5 | ||
2004-10-21 | 2004-09-30 | 0.29 | 0.31 | 0.02 | 6 | ||
2004-07-22 | 2004-06-30 | 0.28 | 0.27 | -0.01 | 3 | ||
2004-04-22 | 2004-03-31 | 0.23 | 0.22 | -0.01 | 4 | ||
2004-01-22 | 2003-12-31 | 0.44 | 0.49 | 0.05 | 11 | ||
2003-10-16 | 2003-09-30 | 0.2 | 0.24 | 0.04 | 20 | ||
2003-07-17 | 2003-06-30 | 0.2 | 0.23 | 0.03 | 15 | ||
2003-04-17 | 2003-03-31 | 0.12 | 0.17 | 0.05 | 41 | ||
2003-01-30 | 2002-12-31 | 0.32 | 0.44 | 0.12 | 37 | ||
2002-10-17 | 2002-09-30 | 0.11 | 0.18 | 0.07 | 63 | ||
2002-07-18 | 2002-06-30 | 0.14 | 0.14 | 0.0 | 0 | ||
2002-04-18 | 2002-03-31 | 0.1 | 0.08 | -0.02 | 20 | ||
2002-01-23 | 2001-12-31 | 0.21 | 0.28 | 0.07 | 33 | ||
2001-10-18 | 2001-09-30 | 0.06 | 0.07 | 0.01 | 16 | ||
2001-07-19 | 2001-06-30 | 0.06 | 0.17 | 0.11 | 183 | ||
2001-04-19 | 2001-03-31 | 0.03 | 0.1 | 0.07 | 233 | ||
2001-01-23 | 2000-12-31 | 0.1 | 0.28 | 0.18 | 180 | ||
2000-10-19 | 2000-09-30 | 0.03 | 0.08 | 0.05 | 166 | ||
2000-07-25 | 2000-06-30 | 0.12 | 0.11 | -0.01 | 8 | ||
2000-04-19 | 2000-03-31 | 0.09 | 0.03 | -0.06 | 66 | ||
2000-01-25 | 1999-12-31 | 0.15 | 0.15 | 0.0 | 0 | ||
1999-10-21 | 1999-09-30 | 0.09 | 0.03 | -0.06 | 66 | ||
1999-07-21 | 1999-06-30 | 0.13 | 0.12 | -0.01 | 7 | ||
1999-04-22 | 1999-03-31 | 0.06 | 0.09 | 0.03 | 50 | ||
1999-01-26 | 1998-12-31 | 0.2 | 0.19 | -0.01 | 5 | ||
1998-10-22 | 1998-09-30 | 0.09 | 0.1 | 0.01 | 11 | ||
1998-05-26 | 1998-03-31 | 0.07 | 0.08 | 0.01 | 14 | ||
1998-02-18 | 1997-12-31 | 0.3 | 0.21 | -0.09 | 30 | ||
1997-11-15 | 1997-09-30 | 0.08 | 0.07 | -0.01 | 12 | ||
1997-08-15 | 1997-06-30 | 0.1 | 0.12 | 0.02 | 20 |
Use S A P in pair-trading
Pair analysis around SAP SE ADR matters because it can turn one security idea into a more market-neutral structure. A disciplined pair strategy still requires monitoring because correlation can weaken when market regimes change.
S A P Pair Trading
SAP SE ADR Pair Trading Analysis
Finding closely correlated positions to S A P provides context for tax-loss harvesting analysis. Selling SAP SE ADR at a loss and repurchasing it immediately would violate IRS wash-sale rules.
The correlation of S A P is a statistical measure of how it moves in relation to other instruments. Values near +1 indicate near-identical movement to SAP SE ADR, while values near -1 suggest inverse movement.
Use Correlation analysis and pair trading evaluation for S A P to review hedging context.Use Investing Themes to Complement your S A P position
With 206.72 Billion market cap in the Software—Application industry, SAP SE ADR works well as a large-cap core holding around which broader thematic baskets can be built. Anchoring a Software—Application theme around SAP SE ADR at 206.72 Billion can be tuned for upside participation or tighter downside control depending on Technology outlook.
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Disruptive Technologies
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 64 constituents at this time.
Explore the Disruptive Technologies Theme as a thematic allocation that can be optimized for return targets or risk constraints.
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