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

SAP has the lower trailing P/E: SAP trades at 23.23 and TXN at 41.91. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, SAP or TXN?

Over the past five years, SAP grew revenue faster — SAP at a 6.60% CAGR versus TXN at 3.02%.

Does SAP or TXN pay a bigger dividend?

SAP yields 1.60% and TXN yields 2.04% based on trailing dividends and the latest price.

Is SAP or TXN more profitable?

TXN runs the higher net margin — SAP at 20.40% versus TXN at 31.11%.

How have SAP and TXN total returns compared?

Over the past 10 years, SAP delivered 9.38% and TXN delivered 17.90% annualized total return. Past performance doesn't predict future results.

SAP SE (SAP) vs Texas Instruments Incorporated (TXN)

A side-by-side comparison of SAP SE and Texas Instruments Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 1, 2026. Differences are shown without an overall score or investment verdict.

SAP

SAP SE

$213.96B

$183.62TechnologyAt close: Jul 31, 2026, 4:00 PM ET

TXN

Texas Instruments Incorporated

$251.82B

$275.74TechnologyAt close: Jul 31, 2026, 4:00 PM ET

Total return — SAP vs TXN

growth of $100 · dividends reinvested · last 30y

SAP +2109.5%TXN +8562.0%TXN compounded faster

SAP TXN

SAP vs TXN: by the numbers

•TXN is the larger company ($251.82B vs $213.96B market cap).
•SAP trades at the lower trailing earnings multiple (23.23 vs 41.91 P/E), one valuation lens rather than an overall verdict.
•TXN converts more revenue to profit (31.11% vs 20.40% net margin).
•SAP grew revenue faster over the past five years (6.60% vs 3.02% CAGR).
•TXN pays the higher dividend yield (2.04% vs 1.60%).

Metrics side by side

Valuation

Metric	SAP	TXN
P/E ratio	23.23	41.91
Forward P/E	25.94	32.69
P/S ratio	4.79	13.04
P/B ratio	4.16	14.09
PEG ratio	0.27	7.94
EV / EBITDA	15.02	29.70
FCF yield	4.73%	2.11%

Profitability

Metric	SAP	TXN
Gross margin	72.75%	58.33%
Operating margin	26.78%	37.29%
Net margin	20.40%	31.11%
ROE	17.70%	33.61%
ROIC	12.45%	16.46%

Dividends

Metric	SAP	TXN
Dividend yield	1.60%	2.04%
Payout ratio	41.45%	103.12%

Growth (annualized)

Metric	SAP	TXN
Revenue CAGR (5Y)	6.60%	3.02%
EPS CAGR (5Y)	5.95%	-2.07%
FCF CAGR (5Y)	5.34%	-3.76%
Total return CAGR (5Y)	6.76%	10.74%

Frequently asked

Which has the lower trailing P/E, SAP or TXN?: SAP has the lower trailing P/E: SAP trades at 23.23 and TXN at 41.91. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, SAP or TXN?: Over the past five years, SAP grew revenue faster — SAP at a 6.60% CAGR versus TXN at 3.02%.
Does SAP or TXN pay a bigger dividend?: SAP yields 1.60% and TXN yields 2.04% based on trailing dividends and the latest price.
Is SAP or TXN more profitable?: TXN runs the higher net margin — SAP at 20.40% versus TXN at 31.11%.
How have SAP and TXN total returns compared?: Over the past 10 years, SAP delivered 9.38% and TXN delivered 17.90% annualized total return. Past performance doesn't predict future results.

Go deeper

Full SAP analysis Full TXN analysis Interactive comparison tool

Dig into the metrics

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

SAP SE & Texas Instruments appear in these rankings

Highest Dividend Yield Stocks Highest ROE 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 1, 2026.