Salesforce, Inc. (CRM) vs SAP SE (SAP)

CRM leads on 9 of 17 compared metrics.

A side-by-side comparison of Salesforce, Inc. 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).

Compare

Total return — CRM vs SAP

growth of $100 · last 22y
CRM +3391.2%SAP +269.3%CRM compounded faster
Log scale — wide-divergence pair
101001k10kStart $10020082012201620202024$3,491$369
CRM SAP

CRM vs SAP: by the numbers

  • SAP is the larger company ($174.21B vs $122.95B market cap).
  • CRM trades at the lower earnings multiple (17.40 vs 20.06 P/E).
  • SAP converts more revenue to profit (19.58% vs 18.73% net margin).
  • CRM grew revenue faster over the past five years (13.89% vs 6.51% CAGR).
  • SAP pays the higher dividend yield (1.97% vs 1.14%).

Which is better, CRM or SAP?

Metric tally: CRM 9 · SAP 8

It depends on what you're optimizing for:

ValueCRM(lower P/E)
GrowthCRM(faster 5Y revenue CAGR)
IncomeSAP(higher dividend yield)
QualitySAP(higher ROIC)

Metrics side by side

Valuation

MetricCRMSAP
P/E ratio17.4020.06
Forward P/E10.6217.35
P/S ratio3.054.00
P/B ratio3.823.37
PEG ratio1.240.27
EV / EBITDA11.6911.33
FCF yield11.21%5.39%

Profitability

MetricCRMSAP
Gross margin77.64%72.79%
Operating margin21.94%26.87%
Net margin18.73%19.58%
ROE23.44%16.51%
ROIC8.76%12.45%

Dividends

MetricCRMSAP
Dividend yield1.14%1.97%
Payout ratio21.81%41.45%

Growth (annualized)

MetricCRMSAP
Revenue CAGR (5Y)13.89%6.51%
EPS CAGR (5Y)11.87%5.95%
FCF CAGR (5Y)21.18%3.62%
Total return CAGR (5Y)-8.88%2.82%

Frequently asked

Which is better, CRM or SAP?
It depends on your goal. value: CRM (lower P/E); growth: CRM (faster 5Y revenue CAGR); income: SAP (higher dividend yield); quality: SAP (higher ROIC). Across all compared metrics, CRM leads 9 to 8.
Is CRM or SAP cheaper?
On trailing earnings, CRM is cheaper: CRM trades at a 17.40 P/E and SAP at 20.06.
Which has grown faster, CRM or SAP?
Over the past five years, CRM grew revenue faster — CRM at a 13.89% CAGR versus SAP at 6.51%.
Does CRM or SAP pay a bigger dividend?
CRM yields 1.14% and SAP yields 1.97% based on trailing dividends and the latest price.
Is CRM or SAP more profitable?
SAP runs the higher net margin — CRM at 18.73% versus SAP at 19.58%.
Which has been the better investment, CRM or SAP?
Over the past 10-year, SAP delivered the higher annualized total return — CRM at 6.60% versus SAP at 8.27%. Past performance doesn't predict future results.

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.