
Buybacks · TTM to Jun 2026€4.84B≈ $5.42B · reported in EUR
Buyback yield2.2%repurchases ÷ market cap
Dividends · TTM to Jun 2026€8.37Bdividend yield 3.8%
Shareholder yield6.0%buybacks + dividends ÷ market cap
Shares outstanding · 5 yr−1.8%1.16B shares (2026)
Buybacks ÷ free cash flow55%payout incl. dividends 151%
Fiscal-year detail
From the cash-flow statement as reported, in EUR. Negative repurchases mean net share issuance.
| Fiscal year | Repurchases | Dividends | Free cash flow |
|---|---|---|---|
| FY2025Dec 2025 | €1.94B | €2.74B | €8.42B |
| FY2024Dec 2024 | €2.11B | €2.56B | €4.41B |
| FY2023Dec 2023 | €949M | €2.40B | €5.46B |
| FY2022Dec 2022 | €1.50B | €2.87B | €4.77B |
| FY2021Dec 2021 | −€2.83B | €2.18B | €5.42B |
| FY2020Dec 2020 | €1.49B | €1.86B | €6.38B |
| FY2019Dec 2019 | €442M | €1.79B | €2.68B |
Repurchases in FY2025 were −8.0% versus the prior year.
About SAP SE
SAP SE, together with its subsidiaries, provides enterprise application and business solutions worldwide. It offers SAP Business AI; SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR, time, payroll, talent and employee experience management, and analytics and planning; and spend management solutions that covers direct and…
- Market cap
- €221B
- P/E (trailing)
- 29.1×
- Fiscal year end
- December
- ISIN
- DE0007164600
- Reporting currency
- EUR
- Data updated
- Oct 10, 2026