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| Date | Value |
|---|---|
| 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% |