Sap Se (SAP) Return on Capital Employed (2009 - 2026)

Sap Se's (SAP) quarterly Return on Capital Employed came in at 40.19% in Q1 2026, up 1587.0% year-on-year from 2.38% in Q1 2025, and up 11.09% quarter-over-quarter from 36.18% in Q4 2025.

Sap Se (SAP) Return on Capital Employed (2009 - 2026) Analysis & Trends

Sap Se's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 40.19% for Q1 2026.

  • On a quarterly basis, Return on Capital Employed rose 1587.0% year-over-year to 40.19% in Q1 2026; TTM through Mar 2026 was 40.19%, a 1587.0% increase from a year earlier, with the FY2025 full-year figure at 18.04%, down 478.0% from the prior year.
  • Return on Capital Employed improved to 40.19% in Q1 2026 per SAP's latest filing, from 36.18% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 47.11% in Q4 2023 and bottomed at 4.17% in Q2 2023.
  • The 5-year median for Return on Capital Employed is 27.35% (2022), against an average of 25.73%.
  • Biggest YoY gain for Return on Capital Employed was 2739 bps in 2024; the steepest drop was 2841 bps in 2024.
  • Year by year, Return on Capital Employed stood at 19.96% in 2022, then jumped by 136 bps to 47.11% in 2023, then sank by 60 bps to 18.7% in 2024, then jumped by 93 bps to 36.18% in 2025, then gained by 11 bps to 40.19% in 2026.
  • Per Business Quant, the three latest SAP Return on Capital Employed figures stand at 40.19% (Q1 2026), 36.18% (Q4 2025), and 30.89% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 40.19%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 9.52%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 12.40%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 12.81%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 10.65%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 10.59%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -7.29%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -25.94%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 17.43%
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn -0.48%

Historic Data

Download Data
DateValue
Mar 31, 2026 40.19%
Dec 31, 2025 36.18%
Sep 30, 2025 30.89%
Jun 30, 2025 31.60%
Mar 31, 2025 24.32%
Dec 31, 2024 18.70%
Sep 30, 2024 16.27%
Jun 30, 2024 14.80%
Mar 31, 2024 44.35%
Dec 31, 2023 47.11%
Sep 30, 2023 4.97%
Jun 30, 2023 4.17%
Mar 31, 2023 16.96%
Dec 31, 2022 19.96%
Sep 30, 2022 27.35%
Jun 30, 2022 30.32%
Mar 31, 2022 29.35%
Dec 31, 2021 27.53%
Sep 30, 2021 28.96%
Mar 31, 2021 33.67%