Which has the lower trailing P/E, AMAT or SAP?

SAP has the lower trailing P/E: AMAT trades at 42.77 and SAP at 27.28. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AMAT or SAP?

Over the past five years, AMAT grew revenue faster — AMAT at a 8.81% CAGR versus SAP at 6.60%.

Does AMAT or SAP pay a bigger dividend?

AMAT yields 0.38% and SAP yields 1.36% based on trailing dividends and the latest price.

Is AMAT or SAP more profitable?

AMAT runs the higher net margin — AMAT at 30.05% versus SAP at 20.40%.

How have AMAT and SAP total returns compared?

Over the past 10 years, AMAT delivered 34.01% and SAP delivered 11.05% annualized total return. Past performance doesn't predict future results.

Applied Materials, Inc. (AMAT) vs SAP SE (SAP)

A side-by-side comparison of Applied Materials, Inc. and SAP SE across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 19, 2026. Differences are shown without an overall score or investment verdict.

AMAT

Applied Materials, Inc.

$393.94B

$496.17TechnologyDelayed quote: Aug 19, 2026, 4:00 PM EDT

SAP

SAP SE

$251.22B

$215.60TechnologyAt close: Aug 19, 2026, 4:00 PM ET

Total return — AMAT vs SAP

growth of $100 · dividends reinvested · last 10y

AMAT +1739.9% (+33.8%/yr)SAP +188.3% (+11.2%/yr)AMAT compounded faster over this window

Log scale — wide-divergence pair

AMAT SAP

AMAT vs SAP: by the numbers

•AMAT is the larger company ($393.94B vs $251.22B market cap).
•SAP trades at the lower trailing earnings multiple (27.28 vs 42.77 P/E), one valuation lens rather than an overall verdict.
•AMAT converts more revenue to profit (30.05% vs 20.40% net margin).
•AMAT grew revenue faster over the past five years (8.81% vs 6.60% CAGR).
•SAP pays the higher dividend yield (1.36% vs 0.38%).

Metrics side by side

Valuation

Metric	AMAT	SAP
P/E ratio	42.77	27.28
Forward P/E	40.37	30.44
P/S ratio	12.87	5.63
P/B ratio	15.49	4.89
EV / EBITDA	40.08	18.64
FCF yield	1.50%	4.03%

Profitability

Metric	AMAT	SAP
Gross margin	49.40%	72.75%
Operating margin	30.50%	26.78%
Net margin	30.05%	20.40%
ROE	36.16%	17.70%
ROIC	23.58%	13.02%

Dividends

Metric	AMAT	SAP
Dividend yield	0.38%	1.36%
Payout ratio	21.93%	41.45%

Growth (annualized)

Metric	AMAT	SAP
Revenue CAGR (5Y)	8.81%	6.60%
EPS CAGR (5Y)	17.13%	5.95%
FCF CAGR (5Y)	6.86%	5.34%
Total return CAGR (5Y)	32.00%	9.75%

Frequently asked

Which has the lower trailing P/E, AMAT or SAP?: SAP has the lower trailing P/E: AMAT trades at 42.77 and SAP at 27.28. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMAT or SAP?: Over the past five years, AMAT grew revenue faster — AMAT at a 8.81% CAGR versus SAP at 6.60%.
Does AMAT or SAP pay a bigger dividend?: AMAT yields 0.38% and SAP yields 1.36% based on trailing dividends and the latest price.
Is AMAT or SAP more profitable?: AMAT runs the higher net margin — AMAT at 30.05% versus SAP at 20.40%.
How have AMAT and SAP total returns compared?: Over the past 10 years, AMAT delivered 34.01% and SAP delivered 11.05% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AMAT analysis Full SAP analysis Interactive comparison tool

Dig into the metrics

Applied Materials P/E ratio SAP SE P/E ratio Applied Materials dividend yield SAP SE dividend yield Applied Materials ROE SAP SE ROE Applied Materials operating margin SAP SE operating margin Applied Materials revenue growth SAP SE revenue growth Applied Materials free cash flow SAP SE free cash flow

Applied Materials & SAP SE appear in these rankings

Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 19, 2026.