Financiën SAP SE

Aandelen

SAP

DE0007164600

Software

Geschatte realtime Tradegate Andere beurzen 16:43:42 10-02-2026			Variatie 5 dagen	Verschil t.o.v. 1 jan (%)
178,49 ^EUR	+2,04%		+6,54%	-14,61%

15:46	Vaticaanse bank werkt samen met Morningstar voor lancering van katholieke indexfondsen	RE
14:43	SAP en Cohere breiden samenwerking uit om wereldwijde soevereine AI-oplossingen te lanceren	RE

Voorlopige winst- en verliesrekening: SAP SE

Fiscaal tijdperk: december	2020	2021	2022	2023	2024	2025	2026	2027
Omzet ¹	27.343	27.842	30.871	31.207	34.176	36.800	40.246	45.525
Variatie	-	1,82%	10,88%	1,09%	9,51%	7,68%	9,37%	13,11%
EBITDA ¹	10.114	10.005	9.929	10.094	9.433	11.730	13.185	15.257
Variatie	-	-1,08%	-0,76%	1,66%	-6,55%	24,35%	12,4%	15,71%
Bedrijfsresultaat (EBIT) ¹	8.283	8.230	8.033	8.721	8.153	10.419	11.845	13.860
Variatie	-	-0,64%	-2,39%	8,56%	-6,51%	27,79%	13,69%	17,01%
Betaalde rente ¹	597	2.191	-1.580	-493	100	-112	-84	-93
Resultaat voor belastingen (EBT) ¹	7.218	6.850	3.092	5.292	4.764	10.482	11.511	13.694
Variatie	-	-5,1%	-54,86%	71,15%	-9,98%	120,03%	9,82%	18,96%
Nettowinst (verlies) ¹	5.280	5.383	1.714	3.564	3.124	7.492	8.108	9.573
Variatie	-	1,95%	-68,16%	107,93%	-12,35%	139,82%	8,22%	18,07%
Datum van publicatie	29/01/21	27/01/22	26/01/23	23/01/24	28/01/25	29/01/26	-	-

¹EUR in Miljoen

Geschatte gegevens

Fiscaal tijdperk: december	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3
Omzet ¹	7.541	6.350	6.669	6.845	7.981	7.077	7.517	7.841	8.436	7.441	7.554	7.744	8.468	8.041	8.288	8.470	9.377	9.013	9.027	9.076	9.684	9.587	9.864	10.090	10.668	10.617	10.918	11.130
Variatie	-	-15,79%	5,02%	2,64%	16,6%	-11,33%	6,22%	4,31%	7,59%	-11,79%	1,52%	2,52%	9,35%	-5,04%	3,07%	2,2%	10,71%	-3,88%	0,16%	0,54%	6,7%	-1%	2,88%	2,29%	5,73%	-0,47%	2,84%	1,94%
EBITDA ¹	3.230	2.177	2.357	2.539	2.935	2.137	2.153	2.586	3.052	2.240	2.407	2.606	2.841	1.846	2.253	2.561	2.773	2.682	2.887	2.884	3.154	3.051	3.174	3.269	3.637	3.289	3.409	4.025
Variatie	-	-32,6%	8,27%	7,72%	15,6%	-27,19%	0,75%	20,11%	18,02%	-26,61%	7,46%	8,27%	9,02%	-35,02%	22,05%	13,67%	8,28%	-3,28%	7,64%	-0,1%	9,36%	-3,28%	4,04%	3,01%	11,26%	-9,58%	3,67%	18,04%
Bedrijfsresultaat (EBIT) ¹	2.768	1.741	1.922	2.100	2.468	1.677	1.680	2.094	2.581	1.875	2.058	2.278	2.510	1.533	1.940	2.244	2.436	2.455	2.568	2.566	2.829	2.730	2.872	2.933	3.265	3.133	3.248	3.384
Variatie	-	-37,1%	10,4%	9,26%	17,52%	-32,05%	0,18%	24,64%	23,26%	-27,35%	9,76%	10,69%	10,18%	-38,92%	26,55%	15,67%	8,56%	0,78%	4,6%	-0,08%	10,25%	-3,5%	5,19%	2,14%	11,31%	-4,05%	3,68%	4,16%
Charge d'intérêts ¹	49	315	853	484	494	-56	-118	-389	-948	-112	-175	-75	-140	-193	-242	-1	-	-73	46	2	4	-23	-22,5	-22	-8	-25	-25	-25
Resultaat voor belastingen (EBT) ¹	2.705	1.337	1.804	1.749	1.960	945	538	850	759	677	1.093	1.761	1.761	-980	1.387	2.151	2.207	2.468	2.502	2.745	2.767	2.605	2.718	2.769	3.096	3.032	3.073	3.112
Variatie	-	-50,57%	34,93%	-3,05%	12,06%	-51,79%	-43,07%	57,99%	-10,71%	-10,8%	61,45%	61,12%	0%	-155,65%	241,53%	55,08%	2,6%	11,83%	1,38%	9,71%	0,8%	-5,85%	4,34%	1,88%	11,8%	-2,07%	1,35%	1,27%
Nettowinst (verlies) ¹	1.932	1.040	1.356	1.420	1.447	632	203	547	332	407	728	1.272	1.185	-828	888	1.463	1.601	1.780	1.697	2.051	1.896	1.820	1.931	1.978	2.215	2.111	2.160	2.289
Variatie	-	-46,17%	30,38%	4,72%	1,9%	-56,32%	-67,88%	169,46%	-39,31%	22,59%	78,87%	74,73%	-6,84%	-169,87%	207,25%	64,75%	9,43%	11,18%	-4,66%	20,86%	-7,56%	-4%	6,07%	2,46%	11,96%	-4,68%	2,33%	5,97%
Datum van publicatie	29/01/21	22/04/21	21/07/21	12/10/21	27/01/22	22/04/22	21/07/22	25/10/22	26/01/23	21/04/23	20/07/23	18/10/23	23/01/24	22/04/24	22/07/24	21/10/24	28/01/25	22/04/25	22/07/25	22/10/25	29/01/26	-	-	-	-	-	-	-

¹EUR in Miljoen

Geschatte gegevens

Balansprognose: SAP SE

Fiscaal tijdperk: december	2020	2021	2022	2023	2024	2025	2026	2027
Nettoschuld ¹	9.008	3.914	4.509	-1.792	-1.695	-3.381	-10.012	-17.208
Variatie	-	-56,55%	15,2%	-139,74%	5,41%	-99,47%	-156,06%	-71,87%
Datum van publicatie	29/01/21	27/01/22	26/01/23	23/01/24	28/01/25	29/01/26	-	-

¹EUR in Miljoen

Geschatte gegevens

Verwachte kasstroom: SAP SE

Fiscaal tijdperk: december	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	816	825	874	785	797	739	941,7	1.048
Variatie	-	1,1%	5,94%	-10,18%	1,53%	-7,28%	16,57%	11,29%
Vrije kasstroom (FCF) ¹	6.000	5.010	4.348	5.530	4.113	8.239	9.951	11.453
Variatie	-	-16,5%	-13,21%	27,18%	-25,62%	100,32%	21,85%	15,1%
Datum van publicatie	29/01/21	27/01/22	26/01/23	23/01/24	28/01/25	29/01/26	-	-

¹EUR in Miljoen

Geschatte gegevens

Verwachte financiële ratio's: SAP SE

Fiscaal tijdperk: december	2020	2021	2022	2023	2024	2025	2026	2027
Winstgevendheid
EBITDA-marge (%)	36,99%	35,93%	32,16%	32,35%	27,6%	31,88%	32,76%	33,51%
EBIT-marge (%)	30,29%	29,56%	26,02%	27,95%	23,86%	28,31%	29,43%	30,44%
EBT-marge (%)	26,4%	24,6%	10,02%	16,96%	13,94%	28,48%	28,6%	30,08%
Nettomarge (%)	19,31%	19,33%	5,55%	11,42%	9,14%	20,36%	20,15%	21,03%
FCF-marge (%)	21,94%	17,99%	14,08%	17,72%	12,03%	22,39%	24,72%	25,16%
Vrije kasstroom/nettoresultaat (%)	113,64%	93,07%	253,68%	155,16%	131,66%	109,97%	122,72%	119,64%
Winstgevendheid
ROA	10,77%	12,87%	6,35%	8,32%	7,42%	9,91%	11,26%	12,11%
ROE	21,14%	24,3%	11,52%	14,03%	11,93%	15,89%	17,72%	19,35%
Financiële gezondheid
Hefboom (schuld/ebitda)	0,89x	0,39x	0,45x	-	-	-	-	-
Schuld/vrije kasstroom	1,5x	0,78x	1,04x	-	-	-	-	-
Kapitaalintensiteit
Kapitaaluitgaven/omzet (%)	2,98%	2,96%	2,83%	2,52%	2,33%	2,01%	2,34%	2,3%
CAPEX / EBITDA (%)	8,07%	8,25%	8,8%	7,78%	8,45%	6,3%	7,14%	6,87%
CAPEX / FCF (%)	13,6%	16,47%	20,1%	14,2%	19,38%	8,97%	9,46%	9,15%
Bestanddelen per aandeel
Kasstroom per aandeel ¹	6,085	5,261	4,805	5,352	4,477	7,792	9,337	10,86
Variatie	-	-13,55%	-8,67%	11,38%	-16,35%	74,06%	18,17%	16,32%
Dividend per aandeel ¹	1,85	1,95	2,05	2,2	2,35	2,458	2,669	3,077
Variatie	-	5,41%	5,13%	7,32%	6,82%	4,58%	8,58%	15,29%
Nettoactief per aandeel ¹	25,14	33,02	34,3	36,95	38,97	38,38	41,29	45,72
Variatie	-	31,34%	3,9%	7,7%	5,48%	-1,51%	4,43%	10,73%
WPA ¹	4,35	4,46	1,96	3,05	2,65	6,28	6,833	8,152
Variatie	-	2,53%	-56,05%	55,61%	-13,11%	136,98%	13,21%	19,31%
Aantal aandelen (in duizend)	1.190.824	1.179.579	1.164.814	1.164.184	1.163.363	1.164.600	1.164.600	1.164.600
Datum van publicatie	29/01/21	27/01/22	26/01/23	23/01/24	28/01/25	29/01/26	-	-