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

SAP has the lower trailing P/E: DELL trades at 36.37 and SAP at 26.38. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, DELL or SAP?

Over the past five years, DELL grew revenue faster — DELL at a 7.14% CAGR versus SAP at 6.60%.

Does DELL or SAP pay a bigger dividend?

DELL yields 0.50% and SAP yields 1.41% based on trailing dividends and the latest price.

Is DELL or SAP more profitable?

SAP runs the higher net margin — DELL at 6.28% versus SAP at 20.40%.

How have DELL and SAP total returns compared?

Over the past 5 years, DELL delivered 58.83% and SAP delivered 10.75% annualized total return. Past performance doesn't predict future results.

Dell Technologies Inc. (DELL) vs SAP SE (SAP)

A side-by-side comparison of Dell Technologies Inc. and SAP SE across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 11, 2026. Differences are shown without an overall score or investment verdict.

DELL

Dell Technologies Inc.

$292.63B

$440.54TechnologyDelayed quote: Aug 11, 2026, 4:00 PM EDT

SAP

SAP SE

$244.33B

$209.68TechnologyDelayed quote: Aug 11, 2026, 4:00 PM EDT

Total return — DELL vs SAP

growth of $100 · dividends reinvested · last 10y

DELL +4074.5% (+45.2%/yr)SAP +177.0% (+10.7%/yr)DELL compounded faster over this window

Log scale — wide-divergence pair

DELL SAP

DELL vs SAP: by the numbers

•DELL is the larger company ($292.63B vs $244.33B market cap).
•SAP trades at the lower trailing earnings multiple (26.38 vs 36.37 P/E), one valuation lens rather than an overall verdict.
•SAP converts more revenue to profit (20.40% vs 6.28% net margin).
•DELL grew revenue faster over the past five years (7.14% vs 6.60% CAGR).
•SAP pays the higher dividend yield (1.41% vs 0.50%).

Metrics side by side

Valuation

Metric	DELL	SAP
P/E ratio	36.37	26.38
Forward P/E	45.92	29.44
P/S ratio	2.24	5.45
P/B ratio	N/A	4.73
EV / EBITDA	23.20	17.18
FCF yield	3.14%	4.17%

Profitability

Metric	DELL	SAP
Gross margin	19.07%	72.75%
Operating margin	8.02%	26.78%
Net margin	6.28%	20.40%
ROE	-240.32%	17.70%
ROIC	15.00%	12.45%

Dividends

Metric	DELL	SAP
Dividend yield	0.50%	1.41%
Payout ratio	25.78%	41.45%

Growth (annualized)

Metric	DELL	SAP
Revenue CAGR (5Y)	7.14%	6.60%
EPS CAGR (5Y)	15.44%	5.95%
FCF CAGR (5Y)	3.29%	5.34%
Total return CAGR (5Y)	58.83%	9.21%

Frequently asked

Which has the lower trailing P/E, DELL or SAP?: SAP has the lower trailing P/E: DELL trades at 36.37 and SAP at 26.38. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, DELL or SAP?: Over the past five years, DELL grew revenue faster — DELL at a 7.14% CAGR versus SAP at 6.60%.
Does DELL or SAP pay a bigger dividend?: DELL yields 0.50% and SAP yields 1.41% based on trailing dividends and the latest price.
Is DELL or SAP more profitable?: SAP runs the higher net margin — DELL at 6.28% versus SAP at 20.40%.
How have DELL and SAP total returns compared?: Over the past 5 years, DELL delivered 58.83% and SAP delivered 10.75% annualized total return. Past performance doesn't predict future results.

Go deeper

Full DELL analysis Full SAP analysis Interactive comparison tool

Dig into the metrics

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

Dell Technologies & SAP SE appear in these rankings

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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 11, 2026.