Sap Se (SAP) EV to EBITDA (2009 - 2026)
Sap Se's EV to EBITDA was 10.06 in Q3 2026, down 40.4% from 16.88 a year earlier but up 37.6% from the prior quarter.
Sap Se (SAP) EV to EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sap Se's EV to EBITDA was 7.83 through Sep 30, 2026, down 44.4% year-over-year; for FY2025, it came in at 23.29, down 48.5% from FY2024.
- In earlier years, EV to EBITDA was 45.25 in FY2024 (+97.8%), 22.88 in FY2023 (+26.3%), 18.11 in FY2022 (-18.0%) and 22.10 in FY2021 (+40.4%).
- Quarterly EV to EBITDA has moved between 7.31 (Q2 2026) and 23.37 (Q3 2024) over five years.
- Compared with a year earlier, EV to EBITDA has declined for seven straight quarters, with an average decline of 23.0% over the last eight quarters.
- The best year-over-year quarter for EV to EBITDA over five years was Q4 2024 (growth of 60.7%); the worst was Q2 2026 (a decline of 63.3%).
- Per Business Quant data, SAP's EV to EBITDA in the three quarters before Q3 2026 was 7.31 (Q2 2026), 8.39 (Q1 2026) and 13.05 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 408.11 Bn | 372.93 Bn | 1.93 Bn |
| 2 | Oracle | 355.62 Bn | 227.75 Bn | - |
| 3 | Sap Se | 276.79 Bn | 204.18 Bn | 8.64 Bn |
| 4 | Salesforce | 175.88 Bn | 131.75 Bn | 8.70 Bn |
| 5 | Automatic Data Processing | 121.54 Bn | 108.34 Bn | 2.53 Bn |
| 6 | ServiceNow | 106.68 Bn | 85.94 Bn | 2.90 Bn |
| 7 | Intuit | 93.48 Bn | 72.83 Bn | 3.44 Bn |
| 8 | Relx | 73.38 Bn | 72.47 Bn | - |
| 9 | Strategy | 50.44 Bn | 37.58 Bn | 89.63 Mn |
| 10 | Thomson Reuters | 48.75 Bn | 44.72 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.06 |
| Jun 30, 2026 | 7.31 |
| Mar 31, 2026 | 8.39 |
| Dec 31, 2025 | 13.05 |
| Sep 30, 2025 | 16.88 |
| Jun 30, 2025 | 19.89 |
| Mar 31, 2025 | 19.00 |
| Dec 31, 2024 | 22.41 |
| Sep 30, 2024 | 23.37 |
| Jun 30, 2024 | 21.69 |
| Mar 31, 2024 | 20.42 |
| Dec 31, 2023 | 13.95 |
| Sep 30, 2023 | 18.70 |
| Jun 30, 2023 | 19.81 |
| Mar 31, 2023 | 19.77 |
| Dec 31, 2022 | 14.82 |
| Sep 30, 2022 | 11.78 |
| Jun 30, 2022 | 13.17 |
| Mar 31, 2022 | 15.83 |
| Dec 31, 2021 | 22.15 |
Sap Se EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=SAP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "SAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=SAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();