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SAP (SAP) Historical Monthly & Quarterly Returns

Dividend-adjusted returns by month and quarter. Compare performance across years.

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SAP

SAP

2026

Jan17.2%
Feb+0.2%
Mar15.0%
Apr0.6%
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

2025

Jan+12.1%
Feb0.4%
Mar2.4%
Apr+8.8%
May+4.3%
Jun+0.4%
Jul5.7%
Aug5.1%
Sep1.8%
Oct2.7%
Nov7.0%
Dec+0.5%

2024

Jan+12.0%
Feb+8.5%
Mar+3.8%
Apr7.1%
May+1.6%
Jun+10.6%
Jul+4.9%
Aug+3.8%
Sep+4.3%
Oct+2.0%
Nov+1.7%
Dec+3.6%

2023

Jan+14.9%
Feb4.0%
Mar+11.2%
Apr+6.9%
May2.4%
Jun+4.9%
Jul0.3%
Aug+2.5%
Sep7.4%
Oct+3.6%
Nov+18.7%
Dec2.8%

2022

Jan10.6%
Feb10.1%
Mar1.4%
Apr9.2%
May+1.1%
Jun9.1%
Jul+2.7%
Aug8.6%
Sep4.7%
Oct+18.2%
Nov+15.4%
Dec6.9%

2021

Jan3.2%
Feb2.3%
Mar0.5%
Apr+14.0%
May+1.2%
Jun+0.4%
Jul+2.3%
Aug+4.5%
Sep10.1%
Oct+7.2%
Nov11.3%
Dec+9.1%

2020

Jan2.4%
Feb5.5%
Mar10.6%
Apr+7.3%
May+9.2%
Jun+9.3%
Jul+13.7%
Aug+3.9%
Sep5.8%
Oct31.4%
Nov+13.4%
Dec+7.6%

2019

Jan+3.9%
Feb+3.6%
Mar+7.8%
Apr+11.6%
May3.6%
Jun+11.2%
Jul10.1%
Aug3.1%
Sep1.1%
Oct+12.5%
Nov+2.5%
Dec1.4%

2018

Jan+0.8%
Feb7.7%
Mar+0.6%
Apr+5.4%
May+2.8%
Jun+2.5%
Jul+0.3%
Aug+3.2%
Sep+2.7%
Oct12.8%
Nov3.3%
Dec4.0%

2017

Jan+5.9%
Feb+1.8%
Mar+5.3%
Apr+2.0%
May+8.4%
Jun2.7%
Jul+1.1%
Aug0.8%
Sep+4.5%
Oct+4.2%
Nov0.7%
Dec0.9%

2016

Jan+0.9%
Feb5.6%
Mar+6.7%
Apr2.2%
May+4.4%
Jun7.5%
Jul+16.5%
Aug+0.7%
Sep+3.9%
Oct3.9%
Nov5.3%
Dec+3.9%

2015

Jan6.2%
Feb+7.4%
Mar+2.8%
Apr+4.9%
May1.2%
Jun5.0%
Jul+2.1%
Aug6.2%
Sep3.7%
Oct+21.5%
Nov+0.4%
Dec+0.1%

2014

Jan12.3%
Feb+5.1%
Mar+1.3%
Apr0.4%
May4.3%
Jun+0.7%
Jul+1.9%
Aug0.7%
Sep7.4%
Oct5.6%
Nov+3.2%
Dec0.9%

2013

Jan+2.0%
Feb4.7%
Mar+3.0%
Apr0.9%
May7.1%
Jun0.8%
Jul+0.1%
Aug+1.3%
Sep+0.1%
Oct+6.0%
Nov+5.6%
Dec+5.3%

2012

Jan+14.2%
Feb+11.8%
Mar+3.3%
Apr5.1%
May12.0%
Jun+3.6%
Jul+6.7%
Aug+3.6%
Sep+8.6%
Oct+2.2%
Nov+7.0%
Dec+3.1%

2011

Jan+14.4%
Feb+4.3%
Mar+1.6%
Apr+5.2%
May2.7%
Jun2.4%
Jul+2.9%
Aug12.7%
Sep7.1%
Oct+19.2%
Nov0.7%
Dec11.7%

2010

Jan3.2%
Feb1.6%
Mar+8.0%
Apr1.5%
May10.6%
Jun+5.4%
Jul+3.5%
Aug5.1%
Sep+13.3%
Oct+4.9%
Nov9.3%
Dec+7.8%

2009

Jan2.3%
Feb9.2%
Mar+9.8%
Apr+8.0%
May+15.2%
Jun7.3%
Jul+17.6%
Aug+3.2%
Sep+0.2%
Oct7.4%
Nov+5.8%
Dec2.2%

2008

Jan6.5%
Feb0.6%
Mar+4.5%
Apr+1.3%
May+9.9%
Jun4.5%
Jul+10.9%
Aug3.0%
Sep4.7%
Oct33.9%
Nov3.4%
Dec+6.1%

2007

Jan12.7%
Feb0.7%
Mar3.0%
Apr+7.5%
May+0.5%
Jun+7.0%
Jul+5.6%
Aug+0.3%
Sep+8.5%
Oct7.5%
Nov5.6%
Dec0.3%

2006

Jan+14.0%
Feb0.5%
Mar+6.3%
Apr+0.6%
May3.0%
Jun0.2%
Jul13.1%
Aug+4.6%
Sep+3.7%
Oct+0.3%
Nov+5.2%
Dec+1.7%

2005

Jan12.4%
Feb+4.7%
Mar1.2%
Apr1.6%
May+5.3%
Jun+5.0%
Jul1.1%
Aug0.4%
Sep+1.5%
Oct0.9%
Nov+5.2%
Dec0.2%

2004

Jan0.2%
Feb4.5%
Mar0.7%
Apr5.2%
May+8.9%
Jun+3.5%
Jul4.3%
Aug8.9%
Sep+6.8%
Oct+9.5%
Nov+4.3%
Dec0.7%

2003

Jan+20.5%
Feb11.0%
Mar9.3%
Apr+34.5%
May+12.2%
Jun+2.6%
Jul+0.4%
Aug+2.0%
Sep+1.6%
Oct+20.1%
Nov+5.5%
Dec+7.8%

2002

Jan+9.8%
Feb2.5%
Mar+8.8%
Apr12.3%
May20.6%
Jun5.8%
Jul23.0%
Aug+2.9%
Sep41.6%
Oct+70.2%
Nov+16.2%
Dec12.3%

2001

Jan+41.4%
Feb18.8%
Mar25.1%
Apr+39.0%
May12.7%
Jun0.0%
Jul+2.8%
Aug4.4%
Sep24.9%
Oct0.8%
Nov+20.8%
Dec+2.9%

2000

Jan+25.2%
Feb+9.4%
Mar16.2%
Apr17.8%
May12.6%
Jun+9.5%
Jul+18.8%
Aug+15.1%
Sep4.2%
Oct17.1%
Nov34.8%
Dec+1.3%

1999

Jan5.9%
Feb5.7%
Mar17.8%
Apr+19.2%
May+7.3%
Jun+3.2%
Jul8.5%
Aug+4.2%
Sep+14.4%
Oct3.1%
Nov8.2%
Dec+55.1%

1998

Jan+15.3%
Feb+12.3%
Mar+4.0%
Apr+21.0%
May+5.7%
Jun+24.1%
Jul+8.6%
Aug31.9%
Sep7.0%
Oct+8.0%
Nov+0.6%
Dec14.8%

1997

Jan+12.9%
Feb2.9%
Mar+10.8%
Apr+8.9%
May+0.5%
Jun+12.6%
Jul+17.0%
Aug5.0%
Sep+15.3%
Oct+12.5%
Nov+3.1%
Dec+3.2%

1996

Jan3.4%
Feb+4.5%
Mar6.5%
Apr9.0%
May+3.4%
Jun+10.4%
Jul4.0%
Aug+15.6%
Sep+2.2%
Oct19.8%
Nov+2.2%
Dec+0.0%

1995

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep+3.8%
Oct+1.3%
Nov+3.6%
Dec4.4%

Avg

Jan+3.9%
Feb0.8%
Mar0.3%
Apr+4.3%
May+0.3%
Jun+2.7%
Jul+2.3%
Aug0.8%
Sep1.2%
Oct+2.5%
Nov+1.6%
Dec+1.8%

Median

Jan+0.9%
Feb0.7%
Mar+1.6%
Apr+2.0%
May+1.2%
Jun+2.6%
Jul+2.2%
Aug+0.5%
Sep+0.2%
Oct+2.0%
Nov+2.5%
Dec+0.1%

Win %

Jan55%
Feb39%
Mar58%
Apr58%
May60%
Jun63%
Jul70%
Aug53%
Sep55%
Oct58%
Nov65%
Dec52%

Frequently asked questions

What is the best performing month for SAP (SAP) stock?

Historically, April is the best performing month for SAP (SAP) stock with an average return of +4.30%.

What is the worst performing month for SAP (SAP) stock?

Historically, September is the worst performing month for SAP (SAP) stock with an average return of 1.16%.

What is the best performing quarter for SAP (SAP) stock?

Historically, Q2 is the best performing quarter for SAP (SAP) stock with an average return of +7.76%.

What is the worst performing quarter for SAP (SAP) stock?

Historically, Q3 is the worst performing quarter for SAP (SAP) stock with an average return of +0.62%.

What is the best performing year for SAP (SAP) stock?

Historically, 1997 is the best performing year for SAP (SAP) stock with a return of +129.62%.

What is the worst performing year for SAP (SAP) stock?

Historically, 2002 is the worst performing year for SAP (SAP) stock with a return of 38.73%.

Which month has the highest win rate for SAP (SAP) stock?

Historically, July has the highest win rate for SAP (SAP) stock — positive in 70% of years.

Which month has the lowest win rate for SAP (SAP) stock?

Historically, February has the lowest win rate for SAP (SAP) stock — positive in 39% of years.

Which quarter has the highest win rate for SAP (SAP) stock?

Historically, Q4 has the highest win rate for SAP (SAP) stock — positive in 65% of years.

Which quarter has the lowest win rate for SAP (SAP) stock?

Historically, Q1 has the lowest win rate for SAP (SAP) stock — positive in 52% of years.

Data & methodology

How are returns calculated?

We compare the closing price at the end of each period (month or quarter) with the closing price at the end of the previous period. The return is the percentage change. All prices are adjusted for dividends and stock splits. Based on historical prices from our data provider.

What is average vs median?

Average is the arithmetic mean of returns for each period across years. Median is the middle value. Both exclude empty cells. Use median to reduce impact of outliers.

What does the heatmap show?

Green cells indicate positive returns, red cells indicate negative returns. The darker the color, the stronger the move. Average and Median rows summarize each column across years.

What is Win %?

Percentage of years when the period had a positive return. For example, 80% for January means January was positive in 80% of the years in the selected range.