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SAP

Bearish signalScored 2026-10-06 Drivers: Congress, fundamentals. Insiders: neutral. Moteurs : Congrès, fondamentaux. Initiés : neutre.

Research, not advice.

À propos

SAP SE

Nom
SAP SE
Secteur
Technology
Industrie
Software - Application
Bourse
NYSE
Capitalisation
$277.5B
Employés
112,019
PDG
Christian Klein
Site web
https://www.sap.com
Marché
ACNADPCGEMYCRMIBMMSFT

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.

Price (1 year)

Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.

Decouvert par les declarations du Congres

Insiders
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Total bought
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Avg buy (VWAP, 90d window) —

Total sold
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Avg sell (VWAP, 90d window) —

Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.

Last activity
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Last synced
2026-10-06 10:56:08 Synced via automated research pipeline

Sign in to request a sync of this company's price history and timing levels.

Insider holdings as a share of total assets aren't available for this company.

Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.

Recent Form 4

Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.

No Form 4 filings for this company in this window.

Congressional trades

STOCK Act disclosures (90-day window)

Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.

No STOCK Act disclosures for this company in this window.

Recent trades

DateRepresentativeTypeAmount
2026-04-20Michael T. McCaulPurchase$1,001 - $15,000
2026-03-23Michael T. McCaulPurchase$1,001 - $15,000
2026-03-19Michael T. McCaulPurchase$1,001 - $15,000
2026-03-06Michael T. McCaulPurchase$1,001 - $15,000
2026-01-30Michael T. McCaulPurchase$1,001 - $15,000
2026-01-13Michael T. McCaulPurchase$1,001 - $15,000
2025-11-28Michael T. McCaulPurchase$1,001 - $15,000
2025-11-07Gilbert Ray CisnerosSale (Full)$1,001 - $15,000
2025-10-31Lisa C. McClainSale (Full)$1,001 - $15,000
2025-10-30Lisa C. McClainPurchase$1,001 - $15,000
2025-10-30Lisa C. McClainSale (Full)$1,001 - $15,000
2025-10-27Michael T. McCaulSale$15,001 - $50,000
2025-10-21Gilbert Ray CisnerosPurchase$1,001 - $15,000
2025-10-14Lisa C. McClainSale (Partial)$1,001 - $15,000
2025-09-25Lisa C. McClainPurchase$1,001 - $15,000
2025-09-23Val HoyleSale (Full)$1,001 - $15,000
2025-08-13Lisa C. McClainSale (Full)$1,001 - $15,000
2025-08-04Lisa C. McClainPurchase$1,001 - $15,000
2025-07-22Lisa C. McClainSale (Full)$1,001 - $15,000
2025-07-16Lisa C. McClainPurchase$1,001 - $15,000
2025-06-16Michael T. McCaulSale$15,001 - $50,000
2025-06-10Lisa C. McClainSale (Partial)$1,001 - $15,000
2025-06-09Lisa C. McClainPurchase$1,001 - $15,000
2025-06-09Michael T. McCaulSale$1,001 - $15,000
2025-04-21Bruce WestermanSale (Full)$1,001 - $15,000
2025-04-09Josh S. GottheimerSale (Partial)$1,001 - $15,000
2025-03-20Bruce WestermanPurchase$1,001 - $15,000
2025-03-03Bruce WestermanPurchase$1,001 - $15,000
2025-01-31Michael T. McCaulSale$15,001 - $50,000
2025-01-30Michael T. McCaulSale$1,001 - $15,000
2025-01-09Michael T. McCaulSale$15,001 - $50,000
2024-11-19Michael T. McCaulSale$15,001 - $50,000
2024-10-29Val HoylePurchase$1,001 - $15,000
2024-09-06Josh S. GottheimerSale (Partial)$1,001 - $15,000
2024-09-05Josh S. GottheimerSale (Partial)$1,001 - $15,000
2024-06-21Josh S. GottheimerSale (Partial)$1,001 - $15,000
2024-03-25Michael T. McCaulExchange$100,001 - $250,000
2024-03-25Michael T. McCaulSale$100,001 - $250,000
2024-03-25Michael T. McCaulSale$100,001 - $250,000
2024-02-13Ro KhannaPurchase$15,001 - $50,000
2023-10-12Michael T. McCaulPurchase$50,001 - $100,000
2023-10-12Michael T. McCaulPurchase$50,001 - $100,000
2023-10-02Ro KhannaPurchase$1,001 - $15,000
2023-09-27Michael T. McCaulPurchase$50,001 - $100,000
2023-09-27Michael T. McCaulPurchase$50,001 - $100,000
2023-09-18Michael T. McCaulPurchase$50,001 - $100,000
2023-09-18Michael T. McCaulPurchase$50,001 - $100,000
2023-08-22Michael T. McCaulPurchase$100,001 - $250,000
2023-08-22Michael T. McCaulPurchase$100,001 - $250,000
2023-07-19Josh S. GottheimerPurchase$1,001 - $15,000
2023-07-10Daniel GoldmanSale (Full)$100,001 - $250,000
2022-09-02Michael T. McCaulSale$50,001 - $100,000
2022-09-02Michael T. McCaulSale$50,001 - $100,000
2022-09-01Josh S. GottheimerSale (Partial)$1,001 - $15,000
2022-06-28Michael T. McCaulPurchase$1,001 - $15,000
2022-06-28Michael T. McCaulPurchase$1,001 - $15,000
2022-06-03Michael T. McCaulPurchase$1,001 - $15,000
2022-06-03Michael T. McCaulPurchase$1,001 - $15,000
2022-05-16Michael T. McCaulSale$1,001 - $15,000
2022-05-16Michael T. McCaulPurchase$1,001 - $15,000
2022-05-16Michael T. McCaulPurchase$1,001 - $15,000
2022-05-16Michael T. McCaulSale$1,001 - $15,000
2022-05-05Michael T. McCaulSale$1,001 - $15,000
2022-05-05Michael T. McCaulSale$1,001 - $15,000
2022-03-14Earl BlumenauerSale (Full)$1,001 - $15,000
2022-03-04Michael T. McCaulPurchase$1,001 - $15,000
2022-03-04Michael T. McCaulPurchase$15,001 - $50,000
2022-02-24Earl BlumenauerPurchase$1,001 - $15,000
2022-01-27Michael T. McCaulPurchase$15,001 - $50,000
2022-01-27Michael T. McCaulPurchase$15,001 - $50,000
2022-01-25Michael T. McCaulPurchase$50,001 - $100,000
2022-01-25Michael T. McCaulPurchase$50,001 - $100,000
2021-09-16Katherine M. ClarkSale (Full)$1,001 - $15,000
2021-04-13Josh S. GottheimerSale (Partial)$1,001 - $15,000
2021-04-12Josh S. GottheimerSale (Partial)$1,001 - $15,000
2021-02-17Peter MeijerSale (Full)$15,001 - $50,000
2021-01-28Peter MeijerSale (Partial)$1,001 - $15,000
2021-01-26Peter MeijerPurchase$1,001 - $15,000
2020-11-12Earl BlumenauerPurchase$1,001 - $15,000
2020-11-05Katherine M. ClarkPurchase$1,001 - $15,000
2019-06-24Donna ShalalaSale (Full)$15,001 - $50,000
2019-05-28Mikie SherrillSale (Full)$1,001 - $15,000
2019-04-11Donna ShalalaPurchase$1,001 - $15,000
2019-02-15Donna ShalalaPurchase$1,001 - $15,000
2018-12-10Thomas Charles MacArthurSale (Full)$50,001 - $100,000
2018-11-08Thomas Charles MacArthurPurchase$1,001 - $15,000
2018-11-07Thomas Charles MacArthurPurchase$1,001 - $15,000
2018-02-20Josh S. GottheimerSale (Partial)$1,001 - $15,000

Signal

Bearish signalScored 2026-10-06 Drivers: Congress, fundamentals. Insiders: neutral. Moteurs : Congrès, fondamentaux. Initiés : neutre.

SAP exhibits strong financial fundamentals with solid liquidity (80) and improving margins, but the catalytic signal is moderate (45) and structurally ambiguous: congressional trade signals carry inherent noise and low…

The first sentence of the analysis written for SAP on 2026-10-06 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.

Bearish signal Drivers: Congress, fundamentals. Insiders: neutral. Moteurs : Congrès, fondamentaux. Initiés : neutre.

Factor checklist — research, not advice

A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.

  • Insider Unavailable or mixed. No open-market purchase or sale value stored
  • Congress Pulls against a bullish reading. STOCK Act sale disclosures outnumber purchases
  • Narrative Unavailable or mixed. Stored narrative reading is in the neutral band
  • Timing Unavailable or mixed. No stored price series
  • Financial indicators Supports a bullish reading. Current ratio 1.17 · operating margin 26%

Market snapshot

Financial ratios

MetricTrend2025-12-312024-12-312023-12-312022-12-312021-12-31
Gross Profit Margin72.9%73.0%72.2%72.8%73.2%
Ebit Margin29.2%15.2%18.5%16.1%32.6%
Ebitda Margin32.8%18.9%22.9%21.4%38.3%
Operating Profit Margin26.1%13.6%18.6%20.0%23.4%
Pretax Profit Margin27.9%13.9%17.1%15.3%31.6%
Continuous Operations Profit Margin19.9%9.2%11.5%10.4%25.3%
Net Profit Margin19.5%9.1%19.7%7.7%19.5%
Bottom Line Profit Margin19.5%9.1%19.7%7.7%19.5%
Current Ratio1.1741.1221.4051.0611.242
Quick Ratio1.1741.1221.4051.0611.242
Solvency Ratio0.3370.1560.3010.1310.229
Cash Ratio0.4770.5040.5550.5160.551
Price To Earnings Ratio32.92088.71826.74149.16827.020
Price To Earnings Growth Ratio0.245-1.8200.160-0.8625.597
Forward Price To Earnings Growth Ratio0.245-1.8200.160-0.8625.597
Price To Earnings Diluted Ratio33.13289.72327.05249.42027.020
Price To Earnings Diluted Growth Ratio0.245-1.8410.164-0.8635.597
Price To Book Ratio5.3876.1013.7822.8063.741
Price To Sales Ratio6.5518.1125.2303.8205.392
Price To Free Cash Flow Ratio28.64062.86529.88723.63826.320
Price To Operating Cash Flow Ratio26.32853.24326.13119.96723.355
Debt To Assets Ratio0.1150.1440.1290.1810.213
Debt To Equity Ratio0.1800.2340.2040.3260.390
Debt To Capital Ratio0.1530.1900.1690.2460.280
Long Term Debt To Capital Ratio0.1190.1040.1230.1480.192
Financial Leverage Ratio1.5721.6311.5831.7961.832
Working Capital Turnover Ratio13.8148.2838.91811.8628.787
Operating Cash Flow Ratio0.5310.2730.4270.3240.386
Operating Cash Flow Sales Ratio0.2490.1520.2000.1910.231
Free Cash Flow Operating Cash Flow Ratio0.9190.8470.8740.8450.887
Debt Service Coverage Ratio2.6641.0412.8041.1132.138
Interest Coverage Ratio6.9864.5257.35914.85921.677
Short Term Operating Cash Flow Coverage Ratio4.4661.4325.4651.4171.657
Operating Cash Flow Coverage Ratio1.1340.4890.7100.4320.411
Capital Expenditure Coverage Ratio12.3906.5337.9576.4398.877
Dividend Paid And Capex Coverage Ratio2.6301.5491.9641.5092.159
Dividend Payout Ratio0.3830.8210.3901.2540.415
Enterprise Value Multiple19.95443.00422.90418.48014.670

Sparkline shows each ratio oldest → newest (left → right).

How the latest year compares

For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower

MetricCurrentvs 1Y agovs 5Y avg
Gross Profit Margin 72.9% ▼-0.1% ▲0.1%
Ebit Margin 29.2% ▲14.1% ▲6.9%
Ebitda Margin 32.8% ▲13.9% ▲5.9%
Operating Profit Margin 26.1% ▲12.5% ▲5.8%
Pretax Profit Margin 27.9% ▲14.0% ▲6.8%
Continuous Operations Profit Margin 19.9% ▲10.7% ▲4.6%
Net Profit Margin 19.5% ▲10.3% ▲4.4%
Bottom Line Profit Margin 19.5% ▲10.3% ▲4.4%
Current Ratio 1.174 ▲0.053 ▼-0.027
Quick Ratio 1.174 ▲0.053 ▼-0.027
Solvency Ratio 0.337 ▲0.182 ▲0.106
Cash Ratio 0.476 ▼-0.027 ▼-0.044
Price To Earnings Ratio 32.920 ▼-55.798 ▼-11.993
Price To Earnings Growth Ratio 0.245 ▲2.065 ▼-0.419
Forward Price To Earnings Growth Ratio 0.245 ▲2.065 ▼-0.419
Price To Earnings Diluted Ratio 33.132 ▼-56.591 ▼-12.138
Price To Earnings Diluted Growth Ratio 0.245 ▲2.085 ▼-0.416
Price To Book Ratio 5.387 ▼-0.715 ▲1.023
Price To Sales Ratio 6.551 ▼-1.561 ▲0.730
Price To Free Cash Flow Ratio 28.640 ▼-34.225 ▼-5.630
Price To Operating Cash Flow Ratio 26.328 ▼-26.915 ▼-3.477
Debt To Assets Ratio 0.115 ▼-0.029 ▼-0.042
Debt To Equity Ratio 0.180 ▼-0.054 ▼-0.086
Debt To Capital Ratio 0.153 ▼-0.037 ▼-0.055
Long Term Debt To Capital Ratio 0.119 ▲0.014 ▼-0.018
Financial Leverage Ratio 1.572 ▼-0.059 ▼-0.111
Working Capital Turnover Ratio 13.814 ▲5.531 ▲3.481
Operating Cash Flow Ratio 0.531 ▲0.258 ▲0.143
Operating Cash Flow Sales Ratio 0.249 ▲0.096 ▲0.044
Free Cash Flow Operating Cash Flow Ratio 0.919 ▲0.072 ▲0.045
Debt Service Coverage Ratio 2.664 ▲1.623 ▲0.712
Interest Coverage Ratio 6.986 ▲2.462 ▼-4.095
Short Term Operating Cash Flow Coverage Ratio 4.466 ▲3.034 ▲1.579
Operating Cash Flow Coverage Ratio 1.134 ▲0.646 ▲0.499
Capital Expenditure Coverage Ratio 12.390 ▲5.856 ▲3.950
Dividend Paid And Capex Coverage Ratio 2.630 ▲1.081 ▲0.667
Dividend Payout Ratio 0.383 ▼-0.438 ▼-0.270
Enterprise Value Multiple 19.954 ▼-23.049 ▼-3.848

Key metrics

MetricTrend20252024202320222021
Market cap$241.06B$277.23B$163.21B$112.75B$145.34B
Enterprise value$240.91B$278.28B$163.88B$116.83B$151.58B
EV / Sales6.55x8.14x5.25x3.96x5.62x
EV / Op. cash flow26.31x53.44x26.24x20.69x24.36x
EV / Free cash flow28.62x63.10x30.01x24.49x27.45x
EV / EBITDA19.95x43.00x22.90x18.48x14.67x
Net debt / EBITDA-0.01x0.16x0.09x0.65x0.60x
Current ratio1.17x1.12x1.41x1.06x1.24x
Income quality1.25x1.65x1.74x1.72x1.18x
Graham number$73$48$66$39$57
Graham net-net-$8-$10-$7-$13-$11
Tax burden69.7%65.6%114.9%50.6%61.8%
Interest burden95.4%91.8%92.4%95.0%96.7%
Working capital$3.01B$2.32B$5.93B$1.07B$3.91B
Invested capital$38.80B$40.67B$41.79B$42.91B$43.94B
Return on assets10.2%4.2%9.0%3.2%7.4%
Operating ROA13.3%6.5%8.3%8.3%9.7%
Return on tangible assets18.3%7.8%16.7%6.5%14.6%
Return on equity16.0%6.9%14.2%5.7%13.5%
Return on invested capital12.4%5.2%7.1%6.8%8.5%
Return on capital employed18.1%8.5%10.8%10.8%11.5%
Earnings yield3.0%1.1%3.8%2.0%3.6%
Free cash flow yield3.5%1.6%3.3%4.2%3.8%
Capex / Op. cash flow8.1%15.3%12.6%15.5%11.3%
Capex / Depreciation56.4%62.3%57.2%55.9%39.5%
Capex / Sales2.0%2.3%2.5%3.0%2.6%
SG&A / Sales28.6%30.8%32.7%31.3%29.8%
R&D / Sales18.0%19.1%20.3%20.6%19.6%
Stock comp / Sales4.6%7.0%7.1%4.8%5.0%
Intangibles / Total assets44.5%45.7%46.2%51.2%49.2%
Days sales outstanding72d83d83d71d91d
Days payables outstanding89d79d75d97d80d
Operating cycle72d83d83d71d91d
Cash conversion cycle-17d4d8d-26d12d

Change by theme

Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.

Change over 1 year

Valuation
Market cap ▼-13.0%EV / Sales ▼-19.6%EV / EBITDA ▼-53.6%EV / Op. cash flow ▼-27.131Earnings yield ▲+0.018Graham number ▲+24.357
Profitability
Return on equity ▲+0.091Return on assets ▲+0.060Return on invested capital ▲+0.072Return on capital employed ▲+0.096Operating ROA ▲+0.068Income quality ▼-0.403Tax burden ▲+0.042
Efficiency
Days sales outstanding ▼-10.494Days payables outstanding ▲+10.272Operating cycle ▼-10.494Cash conversion cycle ▼-20.766Capex / Sales ▼-0.003R&D / Sales ▼-0.010
Balance-sheet strength
Current ratio ▲+0.053Net debt / EBITDA ▼-0.173Working capital ▲+684000000.000Invested capital ▼-1869000000.000Intangibles / Total assets ▼-0.012

Change over 5 years

Valuation
Market cap ▲+65.9%EV / Sales ▲+16.4%EV / EBITDA ▲+36.0%EV / Op. cash flow ▲+1.953Earnings yield ▼-0.006Graham number ▲+15.361
Profitability
Return on equity ▲+0.025Return on assets ▲+0.028Return on invested capital ▲+0.039Return on capital employed ▲+0.067Operating ROA ▲+0.036Income quality ▲+0.066Tax burden ▲+0.079
Efficiency
Days sales outstanding ▼-19.340Days payables outstanding ▲+8.969Operating cycle ▼-19.340Cash conversion cycle ▼-28.309Capex / Sales ▼-0.006R&D / Sales ▼-0.015
Balance-sheet strength
Current ratio ▼-0.068Net debt / EBITDA ▼-0.617Working capital ▼-902000000.000Invested capital ▼-5139000000.000Intangibles / Total assets ▼-0.048

Employee count

Peer market caps

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