Is APP or SAP cheaper?

On trailing earnings, SAP is cheaper: APP trades at a 40.33 P/E and SAP at 20.06.

Which has grown faster, APP or SAP?

Over the past five years, APP grew revenue faster — APP at a 27.99% CAGR versus SAP at 6.51%.

Does APP or SAP pay a bigger dividend?

SAP pays a dividend (1.97% yield) while APP does not currently pay one.

Is APP or SAP more profitable?

APP runs the higher net margin — APP at 64.29% versus SAP at 19.58%.

Which has been the better investment, APP or SAP?

Over the past 5-year, APP delivered the higher annualized total return — APP at 42.36% versus SAP at 8.27%. Past performance doesn't predict future results.

AppLovin Corporation (APP) vs SAP SE (SAP)

APP leads on 9 of 16 compared metrics, though SAP is the cheaper stock.

A side-by-side comparison of AppLovin Corporation and SAP SE across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 23, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — APP vs SAP

growth of $100 · last 5y

APP +619.9%SAP +7.4%APP compounded faster

Log scale — wide-divergence pair

APP SAP

APP vs SAP: by the numbers

•SAP is the larger company ($174.21B vs $157.69B market cap).
•SAP trades at the lower earnings multiple (20.06 vs 40.33 P/E).
•APP converts more revenue to profit (64.29% vs 19.58% net margin).
•APP grew revenue faster over the past five years (27.99% vs 6.51% CAGR).
•SAP pays a dividend (1.97% yield) while APP does not currently pay one.

Which is better, APP or SAP?

Metric tally: APP 9 · SAP 7

It depends on what you're optimizing for:

ValueSAP(lower P/E)

GrowthAPP(faster 5Y revenue CAGR)

QualityAPP(higher ROIC)

Metrics side by side

Valuation

Metric	APP	SAP
P/E ratio	40.33	20.06●
Forward P/E	21.92	17.35●
P/S ratio	25.79	4.00●
P/B ratio	67.27	3.37●
PEG ratio	0.62	0.27●
EV / EBITDA	32.32	11.33●
FCF yield	2.77%	5.39%●

Profitability

Metric	APP	SAP
Gross margin	88.37%●	72.79%
Operating margin	77.09%●	26.87%
Net margin	64.29%●	19.58%
ROE	167.67%●	16.51%
ROIC	60.71%●	12.45%

Dividends

Metric	APP	SAP
Dividend yield	—	1.97%
Payout ratio	—	41.45%

Growth (annualized)

Metric	APP	SAP
Revenue CAGR (5Y)	27.99%●	6.51%
EPS CAGR (5Y)	73.54%●	5.95%
FCF CAGR (5Y)	79.57%●	3.62%
Total return CAGR (5Y)	42.36%●	2.82%

Frequently asked

Which is better, APP or SAP?: It depends on your goal. value: SAP (lower P/E); growth: APP (faster 5Y revenue CAGR); quality: APP (higher ROIC). Across all compared metrics, APP leads 9 to 7.
Is APP or SAP cheaper?: On trailing earnings, SAP is cheaper: APP trades at a 40.33 P/E and SAP at 20.06.
Which has grown faster, APP or SAP?: Over the past five years, APP grew revenue faster — APP at a 27.99% CAGR versus SAP at 6.51%.
Does APP or SAP pay a bigger dividend?: SAP pays a dividend (1.97% yield) while APP does not currently pay one.
Is APP or SAP more profitable?: APP runs the higher net margin — APP at 64.29% versus SAP at 19.58%.
Which has been the better investment, APP or SAP?: Over the past 5-year, APP delivered the higher annualized total return — APP at 42.36% versus SAP at 8.27%. Past performance doesn't predict future results.

Go deeper

Full APP analysis Full SAP analysis Interactive comparison tool

Dig into the metrics

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

AppLovin & SAP SE appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin 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 June 23, 2026.