TTM
26.9%
YoY change
+12.49pp
Trough year (2002)
-78.1%
Peak year (2011)
34.3%
Latest annual
26.1%
Operating Margin history chart for SAP (SAP) from 1996 to 2025
Latest: 26.1%
Operating Margin change chart for SAP (SAP) from 1996 to 2025
Latest: +12.49pp
Operating Margin history table for SAP (SAP) from 1996 to 2025
| 2025 | 26.1% | +12.49pp | ||
| 2024 | 13.6% | -4.93pp | ||
| 2023 | 18.6% | -1.45pp | ||
| 2022 | 20.0% | -3.37pp | ||
| 2021 | 23.4% | -0.82pp | ||
| 2020 | 24.2% | +7.99pp | ||
| 2019 | 16.2% | -6.85pp | ||
| 2018 | 23.1% | +2.29pp | ||
| 2017 | 20.8% | -2.49pp | ||
| 2016 | 23.3% | +2.83pp | ||
| 2015 | 20.4% | -4.21pp | ||
| 2014 | 24.7% | -1.97pp | ||
| 2013 | 26.6% | +1.73pp | ||
| 2012 | 24.9% | -9.41pp | ||
| 2011 | 34.3% | +13.53pp | ||
| 2010 | 20.8% | -3.46pp | ||
| 2009 | 24.3% | +0.92pp | ||
| 2008 | 23.3% | -3.35pp | ||
| 2007 | 26.7% | -0.76pp | ||
| 2006 | 27.4% | -0.03pp | ||
| 2005 | 27.5% | +0.61pp | ||
| 2004 | 26.9% | +2.32pp | ||
| 2003 | 24.5% | +102.61pp | ||
| 2002 | -78.1% | -95.95pp | ||
| 2001 | 17.9% | +5.06pp | ||
| 2000 | 12.8% | -2.75pp | ||
| 1999 | 15.6% | -4.03pp | ||
| 1998 | 19.6% | -6.84pp | ||
| 1997 | 26.4% | +1.08pp | ||
| 1996 | 25.4% | — |
- 202526.1%+12.49pp
- 202413.6%-4.93pp
- 202318.6%-1.45pp
- 202220.0%-3.37pp
- 202123.4%-0.82pp
- 202024.2%+7.99pp
- 201916.2%-6.85pp
- 201823.1%+2.29pp
- 201720.8%-2.49pp
- 201623.3%+2.83pp
- 201520.4%-4.21pp
- 201424.7%-1.97pp
- 201326.6%+1.73pp
- 201224.9%-9.41pp
- 201134.3%+13.53pp
- 201020.8%-3.46pp
- 200924.3%+0.92pp
- 200823.3%-3.35pp
- 200726.7%-0.76pp
- 200627.4%-0.03pp
- 200527.5%+0.61pp
- 200426.9%+2.32pp
- 200324.5%+102.61pp
- 2002-78.1%-95.95pp
- 200117.9%+5.06pp
- 200012.8%-2.75pp
- 199915.6%-4.03pp
- 199819.6%-6.84pp
- 199726.4%+1.08pp
- 199625.4%—
Operating Margin values are taken from SAP's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in EUR as filed.
About Operating Margin at SAP (SAP)
According to SAP's latest reported financial statements, the company's latest reported operating margin is 26.9%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, SAP (SAP) operating margin totalled 26.14% – expanded 12.5 percentage points year-over-year.
34.31% stands as the all-time-high annual operating margin, posted in 2011, against a low of -78.07% during 2002.
SAP Operating Margin by Year
SAP Operating Margin 2025: 26.1%
In 2025, SAP reported operating margin of 26.14%, expanded 12.5 percentage points from 2024.
SAP Operating Margin 2024: 13.6%
SAP operating margin in 2024 was 13.65%, contracted 4.9 percentage points from 2023.
SAP Operating Margin 2023: 18.6%
2023's operating margin for SAP came in at 18.58%, contracted 1.5 percentage points from 2022.
SAP Operating Margin 2022: 20.0%
SAP posted operating margin of 20.03% in 2022, contracted 3.4 percentage points from 2021.
SAP Operating Margin 2021: 23.4%
SAP operating margin in 2021 was 23.40%.
See more financial history for SAP (SAP).
Sector peers by Operating Margin
Technology peers of SAP (SAP), ranked by their latest operating margin
| 64.0% | |
| 53.2% | |
| 48.5% | |
| 46.8% | |
| 43.7% | |
| 34.8% | |
| 32.6% | |
| 11.7% |
- 64.0%
- 53.2%
- 46.8%
- 43.7%
- 34.8%
- 32.6%
- 11.7%
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