SAP SE (SAP) Operating Margin: 26.87%
Is SAP SE’s operating margin high or low?
SAP SE's operating margin of 26.87% is 28% above its 5-year average of 21.00%, near the high end of its 5-year range (13.65%–26.87%).
As of Tuesday, June 23, 2026. 35.06% above its 12-month average of 19.89%.
SAP Operating Margin Chart
SAP Average Operating Margin Chart
SAP Current vs Average Operating Margin Chart
SAP Operating Margin Metrics
OPERATING MARGIN
26.87%
OPERATING MARGIN AVG TTM
19.89%
OPERATING MARGIN AVG 3Y
19.60%
OPERATING MARGIN AVG 5Y
21.00%
OPERATING MARGIN AVG 10Y
20.90%
OPERATING MARGIN AVG 15Y
22.37%
OPERATING MARGIN AVG 20Y
22.80%
CURRENT VS TTM AVG
+35.06%
CURRENT VS 3Y AVG
+37.09%
CURRENT VS 5Y AVG
+27.92%
CURRENT VS 10Y AVG
+28.59%
CURRENT VS 15Y AVG
+20.11%
CURRENT VS 20Y AVG
+17.85%
SAP Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SAP SE (SAP) | $174.21B | 26.87% | 19.89% | 19.60% | 21.00% |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $171.94B | -3.91% | -4.57% | -4.43% | -6.35% |
| AppLovin Corporation (APP)vs › | $157.69B | 77.09% | 67.51% | 43.81% | 29.39% |
| Palo Alto Networks, Inc. (PANW)vs › | $195.18B | 9.65% | 11.00% | 6.05% | 1.96% |
| Uber Technologies, Inc. (UBER)vs › | $145.40B | 11.66% | 8.53% | 3.57% | -8.56% |
| Amphenol Corporation (APH)vs › | $204.17B | 26.00% | 23.72% | 22.19% | 21.32% |
| Shopify Inc. (SHOP)vs › | $140.12B | 13.32% | 12.40% | -2.49% | -0.17% |
| Analog Devices, Inc. (ADI)vs › | $216.99B | 32.50% | 24.09% | 26.41% | 25.93% |
| Arista Networks, Inc. (ANET)vs › | $219.86B | 42.79% | 42.44% | 39.56% | 36.63% |
| Salesforce, Inc. (CRM)vs › | $122.95B | 21.94% | 20.24% | 14.54% | 10.39% |
Operating Efficiency
Gross Margin
72.8%
Operating Margin
26.9%
SAP SE Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
SAP SE Operating Margin FAQ
- What is the operating margin for SAP SE (SAP)?
- The operating margin for SAP stock is 26.87%.
- Is SAP SE's operating margin high or low?
- SAP SE's operating margin of 26.87% is 28% above its 5-year average of 21.00%, near the high end of its 5-year range (13.65%–26.87%).
- What is the TTM average operating margin for SAP SE (SAP)?
- The TTM average operating margin for SAP stock is 19.89%.
- What is the 3Y average operating margin for SAP SE (SAP)?
- The 3Y average operating margin for SAP stock is 19.60%.
- What is the 5Y average operating margin for SAP SE (SAP)?
- The 5Y average operating margin for SAP stock is 21.00%.
- What is the 10Y average operating margin for SAP SE (SAP)?
- The 10Y average operating margin for SAP stock is 20.90%.
- What is the 15Y average operating margin for SAP SE (SAP)?
- The 15Y average operating margin for SAP stock is 22.37%.
- What is the 20Y average operating margin for SAP SE (SAP)?
- The 20Y average operating margin for SAP stock is 22.80%.
SAP SE Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 26.14% |
| 2024-12-31 | 13.65% |
| 2023-12-31 | 18.58% |
| 2022-12-31 | 20.03% |
| 2021-12-31 | 23.40% |
| 2020-12-31 | 24.23% |
| 2019-12-31 | 16.23% |
| 2018-12-31 | 23.08% |
| 2017-12-31 | 20.79% |
| 2016-12-31 | 23.27% |
| 2015-12-31 | 20.45% |
| 2014-12-31 | 24.66% |
| 2013-12-31 | 26.64% |
| 2012-12-31 | 24.91% |
| 2011-12-31 | 34.31% |
| 2010-12-31 | 20.79% |
| 2009-12-31 | 24.25% |
| 2008-12-31 | 23.33% |
| 2007-12-31 | 26.68% |
| 2006-12-31 | 27.44% |
| 2005-12-31 | 27.47% |
| 2004-12-31 | 26.86% |
| 2003-12-31 | 24.54% |
| 2002-12-31 | -78.07% |
| 2001-12-31 | 17.88% |
| 2000-12-31 | 12.81% |
| 1999-12-31 | 15.57% |
| 1998-12-31 | 19.59% |
| 1997-12-31 | 26.43% |
| 1996-12-31 | 25.35% |
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