SAP SE (SAP) EBITDA Margin: 32.81%
Is SAP SE’s EBITDA margin high or low?
SAP SE's EBITDA margin of 32.81% is in line with its 5-year average of 30.41%, around the middle of its 5-year range (20.70%–40.76%).
As of Tuesday, June 23, 2026. 22.63% above its 12-month average of 26.76%.
SAP EBITDA Margin Chart
SAP Average EBITDA Margin Chart
SAP Current vs Average EBITDA Margin Chart
SAP EBITDA Margin Metrics
EBITDA MARGIN
32.81%
EBITDA MARGIN AVG TTM
26.76%
EBITDA MARGIN AVG 3Y
26.82%
EBITDA MARGIN AVG 5Y
30.41%
EBITDA MARGIN AVG 10Y
29.19%
EBITDA MARGIN AVG 15Y
29.94%
EBITDA MARGIN AVG 20Y
29.09%
CURRENT VS TTM AVG
+22.63%
CURRENT VS 3Y AVG
+22.32%
CURRENT VS 5Y AVG
+7.89%
CURRENT VS 10Y AVG
+12.42%
CURRENT VS 15Y AVG
+9.59%
CURRENT VS 20Y AVG
+12.78%
SAP Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SAP SE (SAP) | $174.21B | 32.81% | 26.76% | 26.82% | 30.41% |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $171.94B | 3.79% | 5.63% | 4.76% | 1.54% |
| AppLovin Corporation (APP)vs › | $157.69B | 79.46% | 76.60% | 60.02% | 45.74% |
| Palo Alto Networks, Inc. (PANW)vs › | $195.18B | 21.05% | 18.48% | 12.82% | 8.66% |
| Uber Technologies, Inc. (UBER)vs › | $145.40B | 13.43% | 12.84% | 2.74% | -6.67% |
| Amphenol Corporation (APH)vs › | $204.17B | 29.84% | 27.41% | 25.60% | 24.68% |
| Arista Networks, Inc. (ANET)vs › | $206.52B | 48.00% | 47.75% | 43.89% | 40.09% |
| Shopify Inc. (SHOP)vs › | $140.12B | 13.33% | 14.20% | 4.96% | 16.71% |
| Analog Devices, Inc. (ADI)vs › | $216.99B | 45.63% | 45.11% | 46.78% | 44.46% |
| Salesforce, Inc. (CRM)vs › | $122.95B | 31.67% | 30.54% | 26.38% | 23.35% |
Margin Comparison
Gross Margin
72.8%
EBITDA Margin
32.8%
Operating Margin
26.9%
Net Margin
19.6%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
SAP SE EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
SAP SE EBITDA Margin FAQ
- What is the EBITDA margin for SAP SE (SAP)?
- The EBITDA margin for SAP stock is 32.81%.
- Is SAP SE's EBITDA margin high or low?
- SAP SE's EBITDA margin of 32.81% is in line with its 5-year average of 30.41%, around the middle of its 5-year range (20.70%–40.76%).
- What is the TTM average EBITDA margin for SAP SE (SAP)?
- The TTM average EBITDA margin for SAP stock is 26.76%.
- What is the 3Y average EBITDA margin for SAP SE (SAP)?
- The 3Y average EBITDA margin for SAP stock is 26.82%.
- What is the 5Y average EBITDA margin for SAP SE (SAP)?
- The 5Y average EBITDA margin for SAP stock is 30.41%.
- What is the 10Y average EBITDA margin for SAP SE (SAP)?
- The 10Y average EBITDA margin for SAP stock is 29.19%.
- What is the 15Y average EBITDA margin for SAP SE (SAP)?
- The 15Y average EBITDA margin for SAP stock is 29.94%.
- What is the 20Y average EBITDA margin for SAP SE (SAP)?
- The 20Y average EBITDA margin for SAP stock is 29.09%.
SAP SE EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 32.81% |
| 2024-12-31 | 20.70% |
| 2023-12-31 | 25.72% |
| 2022-12-31 | 28.06% |
| 2021-12-31 | 40.76% |
| 2020-12-31 | 34.41% |
| 2019-12-31 | 25.06% |
| 2018-12-31 | 29.87% |
| 2017-12-31 | 28.08% |
| 2016-12-31 | 29.00% |
| 2015-12-31 | 26.58% |
| 2014-12-31 | 31.42% |
| 2013-12-31 | 32.88% |
| 2012-12-31 | 29.80% |
| 2011-12-31 | 39.70% |
| 2010-12-31 | 24.17% |
| 2009-12-31 | 28.59% |
| 2008-12-31 | 28.39% |
| 2007-12-31 | 29.23% |
| 2006-12-31 | 29.72% |
| 2005-12-31 | 29.88% |
| 2004-12-31 | 29.74% |
| 2003-12-31 | 27.61% |
| 2002-12-31 | -74.46% |
| 2001-12-31 | 21.69% |
| 2000-12-31 | 16.91% |
| 1999-12-31 | 18.95% |
| 1998-12-31 | 22.80% |
| 1997-12-31 | 29.63% |
| 1996-12-31 | 27.77% |
Related Metrics
About SAP SE
SAP SE, founded in Walldorf, Germany, in 1972, is a global provider of diverse software applications, technology, and services. The company's core enterprise resource planning (ERP) platform, SAP S/4HANA, offers robust functionalities for finance, risk management, project execution, procurement, manufacturing, supply chain optimization, asset management, and research and development. For human resources, SAP delivers SuccessFactors solutions, which encompass HR and payroll, talent and employee experience management, and comprehensive people and workforce analytics. Additionally, SAP provides spend management tools designed to handle direct and indirect expenditures, travel and expense reporting, and external workforce administration. SAP further extends its portfolio with customer experience solutions and the SAP Business Technology Platform, empowering both clients and partners to develop, integrate, and automate applications. Its SAP Business Network serves as a crucial business-to-business collaboration platform, digitizing key supply chain processes and facilitating seamless communication among trading partners. The company also offers SAP Signavio for discovering, analyzing, and enhancing business process operations, alongside modular industry-specific cloud solutions. Through Taulia, SAP provides working capital management solutions, helping customers improve liquidity visibility and mitigate the effects of inflation. Completing its extensive offerings, SAP also provides a range of sustainability solutions and services.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Christian Klein