Sap Se (SAP) Return on Invested Capital [ROIC] (2009 - 2026)
Sap Se's Return on Invested Capital [ROIC] was 35.64% in Q3 2026, up 8.52 percentage points from 27.12% a year earlier but down 0.26 percentage points from the prior quarter.
Sap Se (SAP) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Sap Se came in at 17.91%, up 9.65 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now increased for three consecutive years, with a five-year change of +14.53 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 8.25% in FY2024 (+3.18 pp), 5.08% in FY2023 (+2.85 pp), 2.23% in FY2022 (-0.40 pp) and 2.63% in FY2021 (-0.74 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between 5.45% (Q4 2021) and 40.64% (Q1 2026) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for seven straight quarters, with an average year-over-year change of +8.32 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q4 2023 (a gain of 21.16 percentage points); the worst was Q4 2024 (a drop of 5.48 percentage points).
- Per Business Quant data, SAP's Return on Invested Capital [ROIC] in the three quarters before Q3 2026 was 35.90% (Q2 2026), 40.64% (Q1 2026) and 38.02% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 386.60 Bn | 351.42 Bn | 1.93 Bn | - |
| 2 | Oracle | 343.94 Bn | 216.07 Bn | - | 10.99% |
| 3 | Sap Se | 272.35 Bn | 199.75 Bn | 8.64 Bn | 35.64% |
| 4 | Salesforce | 175.46 Bn | 131.33 Bn | 8.70 Bn | 9.01% |
| 5 | Automatic Data Processing | 122.07 Bn | 108.86 Bn | 2.53 Bn | -47.20% |
| 6 | ServiceNow | 105.47 Bn | 84.73 Bn | 2.90 Bn | 5.25% |
| 7 | Intuit | 94.25 Bn | 73.60 Bn | 3.44 Bn | 16.71% |
| 8 | Relx | 73.66 Bn | 72.75 Bn | - | - |
| 9 | Strategy | 51.78 Bn | 38.91 Bn | 89.63 Mn | -27.59% |
| 10 | Thomson Reuters | 50.52 Bn | 46.49 Bn | - | 2,275.53% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 35.64% |
| Jun 30, 2026 | 35.90% |
| Mar 31, 2026 | 40.64% |
| Dec 31, 2025 | 38.02% |
| Sep 30, 2025 | 27.12% |
| Jun 30, 2025 | 27.35% |
| Mar 31, 2025 | 30.36% |
| Dec 31, 2024 | 23.69% |
| Sep 30, 2024 | 17.63% |
| Jun 30, 2024 | 16.93% |
| Mar 31, 2024 | 19.90% |
| Dec 31, 2023 | 29.18% |
| Sep 30, 2023 | 17.52% |
| Jun 30, 2023 | 17.04% |
| Mar 31, 2023 | 6.94% |
| Dec 31, 2022 | 8.02% |
| Sep 30, 2022 | 18.52% |
| Jun 30, 2022 | 18.01% |
| Mar 31, 2022 | 5.76% |
| Dec 31, 2021 | 5.45% |
Sap Se Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=SAP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=SAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();