OakChart

Sap SE ADR

SAPTechnology·Software - Application·Germany·Mega·NYSE·Nov 11 • 2:09 PM ET

234.35+0.61 (0.26%)
2026-11-11 20:09 CET
Market cap
263,890.12 USD m
Revenue, TTM
45,750.09 USD m
Net income, TTM
9,531.14 USD m
Free cash flow, TTM
10,487.16 USD m
EPS diluted, TTM
8.18
P/E
28.65
Compare

Price

SAP against its 20, 50 and 200-day averages
2050200beat
150.00175.00200.00225.00250.003.1M6.2MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26SAPclose 234.3520-day 234.1350-day 220.79200-day 191.84234.3552w low

8.4% under the 52-week high of 255.90 on 13 Jan 2026. 52-week low 144.97 on 23 Jul 2026. Last 15 sessions, 8.0% high to low

Profile

SAP
52-week range, 81% of the way up
144.97255.9

SAP SE engages in the provision of enterprise application software and software-related services. It operates through the following segments: Applications, Technology, and Support; Qualtrics; and Services. The Applications, Technology, and Services segment includes sale of software licenses, support offerings, and cloud subscriptions. The Qualtrics segment sells experience management cloud solutions. The Services segment offers professional services, premium support services, implementation services for software products, and education services on the use of products. The company was founded by Hasso Plattner, Klaus Tschira, Claus Wellenreuther, Dietmar Hopp, and Hans-Werner Hector on April 1, 1972 and is headquartered in Walldorf, Germany.

Employees110650
IPOMay 16, 1996
Beta1.08
ATR, 14d5.75
Rel volume0.55
Short float0.24%
Insider own0.00%
Inst own7.58%

Snapshot

6 groups

Valuation

Index-
Market Cap264.58B
Enterprise Value266.55B
Income9.53B
Sales45.75B
Book/sh46.23
Cash/sh9.42
Dividend Est.2.97 (1.27%)
Dividend TTM2.94 (1.25%)
Dividend Ex-DateMay 05, 2026
Dividend Gr. 3/5Y9.95% 5.60%
Payout30.80%
Employees110650
IPOMay 16, 1996

Ratios

P/E28.65
Forward P/E25.11
PEG1.75
P/S5.78
P/B5.07
P/C24.88
P/FCF25.23
EV/EBITDA18.18
EV/Sales5.83
Quick Ratio1.16
Current Ratio1.16
Debt/Eq0.23
LT Debt/Eq0.19
Option/ShortYes / Yes

Earnings

EPS (ttm)8.18
EPS next Y9.33
EPS next Q2.20
EPS this Y8.08%
EPS next Y17.68%
EPS next 5Y14.37%
EPS past 3/5Y50.05% 6.91%
Sales past 3/5Y10.21% 5.91%
EPS Y/Y TTM22.30%
Sales Y/Y TTM13.45%
EPS Q/Q11.25%
Sales Q/Q11.40%
EarningsOct 21 AMC
EPS/Sales Surpr.4.00% 1.02%

Ownership

Insider Own0.00%
Insider Trans-
Inst Own7.58%
Inst Trans-1.45%
ROA11.41%
ROE18.60%
ROIC15.40%
Gross Margin75.69%
Oper. Margin28.80%
Profit Margin20.83%
SMA200.09%
SMA506.14%
SMA20022.16%
Trades-

Technical

Shs Outstand1.13B
Shs Float1.13B
Short Float0.24%
Short Ratio1.19
Short Interest2.69M
52W High255.90 -8.42%
52W Low144.97 61.65%
Volatility1.66% 1.95%
ATR (14)5.75
RSI (14)55.36
Beta1.08
Rel Volume0.55
Avg Volume2.27M
Volume902,946

Performance

Perf Week-2.37%
Perf Month6.64%
Perf Quarter11.98%
Perf Half Y45.72%
Perf YTD-3.52%
Perf Year-7.87%
Perf 3Y61.51%
Perf 5Y62.65%
Perf 10Y183.56%
Recom1.47
Target Price282.91
Prev Close233.74
Price234.35
Change %0.26%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Nov 09, 2026UpgradeJJP MorganNeutral → Overweight
Oct 30, 2026UpgradeEErste GroupHold → Buy
Aug 26, 2026DowngradeUUBSBuy → Neutral
Jul 24, 2026ReiteratedBBMO Capital MarketsOutperform$175 → $177-24.5%
Apr 24, 2026ReiteratedBBMO Capital MarketsOutperform$210 → $200-14.7%
Apr 22, 2026UpgradeHHSBC SecuritiesHold → Buy
Apr 14, 2026DowngradePPiper SandlerOverweight → Neutral
Apr 13, 2026ReiteratedBBMO Capital MarketsOutperform$245 → $210-10.4%
Mar 24, 2026DowngradeJJP MorganOverweight → Neutral
Feb 03, 2026ResumedPPiper SandlerOverweight

Peers

Mkt cap
TickerCompanyMkt cap
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WDAYWorkday Inc45.62B
NOWServiceNow Inc106.64B
MSFTMicrosoft Corp3867.78B
ADBEAdobe Inc92.54B
INTUIntuit Inc90.82B
IBMInternational Business Machines Corp234.11B
SNOWSnowflake Inc107.42B
DDOGDatadog Inc67.57B

Held by

AUM
TickerCompanyAUM
AIQGlobal X Artificial Intelligence & Technology ETFAUM: 9.36B
SEQSequoia ETFAUM: 7.04B
AVDEAvantis International Equity ETFAUM: 19.73B
EAGLEagle Capital Select Equity ETFAUM: 4.93B
SKYYFirst Trust Cloud Computing ETFAUM: 3.09B
BAFEBrown Advisory Flexible Equity ETFAUM: 1.76B
FWDAB Disruptors ETFAUM: 3.07B
IDVOAmplify CWP International Enhanced Dividend Income ETFAUM: 1.37B
BINVBrandes International ETFAUM: 579.41M
QLTIGMO International Quality ETFAUM: 289.87M

News

latest 14 of 100

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-212.1162.0352.17211,50011,38415
2026Q22026-07-231.8092.0142.18811,24011,30217
2026Q12026-04-232.0131.9321.93511,18511,19317
2025Q42026-01-291.9331.7651.83311,55311,39216
2025Q32025-10-221.8471.7451.99810,54110,61717
2025Q22025-07-221.7601.6591.64010,59210,51719
2025Q12025-04-221.6341.4631.59210,2309,99420
2024Q42025-01-281.4591.4011.4469,7759,52218
2024Q32024-10-211.3301.3021.3649,1569,24916
2024Q22024-07-221.1931.1500.8078,9898,92217
2024Q12024-04-220.8671.059-0.7708,6028,60715
2023Q42024-01-231.5371.7221.0869,2319,02418
2023Q32023-10-181.5321.4321.1788,1848,28619
2023Q22023-07-201.1931.2870.2358,4218,40218
2023Q12023-04-211.3941.2040.4388,1658,02315
2022Q42023-01-261.0851.4540.4769,1569,03019

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY5.6215.5543.11330,39930,589
2020FY6.5736.3924.96233,21932,846
2021FY7.5147.4345.26531,04131,619
2022FY4.4284.7142.04333,50732,852
2023FY5.4625.6582.36134,02033,648
2024FY4.7224.6612.86435,62735,584
2025FY7.3377.0787.49243,90143,221
2026FY-7.930--45,286
2027FY-9.331--50,727
2028FY-10.977--56,861
2029FY-11.906--62,034
2030FY-13.501--67,177

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-10-221511012,02011,75812,290
2026Q4S2026-10-21150712,09611,75812,348
2026Q4S2026-10-14150712,09611,75812,348
2026Q4S2026-10-13150512,13311,91712,348
2026Q4S2026-10-10150512,13911,93912,348
2026Q4S2026-10-08151512,13911,93912,348
2026Q4S2026-10-07151412,15111,93912,397
2026Q4S2026-10-05151912,16411,93912,397
2026Q4S2026-10-04152812,20111,93912,582
2026Q4S2026-10-02152912,20111,93912,582
2026Q4S2026-09-30152712,22512,00412,582
2026Q4S2026-09-26152812,22512,00412,582
2026Q4S2026-09-24152912,22512,00412,582
2026Q4S2026-09-22153812,23412,00412,582

Estimate history

EPS, annual3.7744.0343.1134.9625.2652.0432.3612.8646.8788.1792
Period201720182019202020212022202320242025TTM
EPS, quarterly1.3641.4461.5921.641.9981.8331.9352.1882.223
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual26462.47329149.25730838.65731164.62132908.71331024.76233738.37536967.86341531.66945750.09
Period201720182019202020212022202320242025TTM
Sales, quarterly9304.67610003.4419485.85110231.67510606.45611271.51911178.65711484.08311815.834
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual1193.4051193.651193.651179.5791179.5791167.1181167.2291166.5891167.5591128.994
Period201720182019202020212022202320242025MRQ
Shares, quarterly1149.7911166.5891166.5891164.61138.5891167.5591167.5591154.21128.994
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue45,750.0941,531.6736,967.8633,738.3731,024.7632,908.7131,164.6230,838.6629,149.26
Cost of Goods Sold Incl. D&A12,229.4311,158.259,912.619,301.928,354.199,129.628,701.429,351.328,803.29
Gross Profit34,628.0330,373.4227,055.2524,436.4622,670.5723,779.0922,463.2021,487.3420,345.96
Selling, General and Administrative Excl. Other20,345.3618,997.3518,132.3817,318.3915,684.7417,405.8514,278.1815,237.4513,570.66
Research and Development8,251.527,480.217,040.736,829.416,378.366,122.665,069.474,803.824,275.41
Other Operating Expense0.000.000.000.00--23,620.27--
Operating Income13,175.3111,376.078,922.877,118.076,985.836,373.248,185.026,249.886,775.30
Interest Expense1,649.13847.56773.41851.92418.29348.68401.27659.24493.14
Unusual Expense462.35467.233,785.92845.43580.14921.95654.351,264.7522.42
Net Income Before Taxes13,383.3511,590.505,153.175,774.244,743.058,093.028,230.625,144.076,606.60
Income Taxes3,720.903,322.531,745.851,882.221,518.661,738.692,208.131,372.201,782.60
Consolidated Net Income9,662.458,267.963,407.333,892.023,224.396,354.336,022.483,771.874,824.00
Net Income From Continuing Operations9,531.148,081.753,379.203,927.693,445.096,212.495,865.173,717.024,816.92
Net Income9,531.148,081.753,379.202,786.032,400.436,212.495,865.173,717.024,816.92
EPS (Recurring)8.477.165.112.862.395.815.353.854.05
EPS (Basic, Before Extraordinaries)8.236.932.902.392.055.264.963.114.03
EPS (Diluted)8.186.882.862.362.045.264.963.114.03
EBITDA14,658.7512,855.6310,307.438,602.448,634.808,471.2610,272.318,345.128,382.12
Non-Operating Income (Expense)2,316.041,529.22789.63353.52-1,244.352,990.411,101.22818.17346.85
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense1,285.401,396.451,883.281,752.061,278.352,311.72865.011,437.67687.49
Price To Earnings Ratio28.3928.3997.7340.3726.9526.4525.7842.9124.70
Price To Sales Ratio5.306.877.865.413.915.024.955.194.08
Gross Margin75.6973.1373.1972.4373.0772.2672.0869.6869.80
Operating Margin28.8027.3924.1421.1022.5219.3726.2620.2723.24
Net Margin20.8319.469.148.267.7418.8818.8212.0516.53
Shares Outstanding1,128.991,167.561,166.591,167.231,167.121,179.581,179.581,193.651,193.65
Market Capitalization263,890.12263,890.12283,089.80180,823.92120,691.02164,330.14152,929.89159,017.36118,144.47

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue11,815.8311,484.0811,178.6611,271.5210,606.4610,231.679,485.8510,003.44
Cost of Goods Sold Incl. D&A3,137.473,055.602,993.843,042.522,782.502,701.022,506.972,565.40
Gross Profit8,678.378,428.488,184.818,229.007,823.967,530.666,978.887,438.05
Selling, General and Administrative Excl. Other5,165.835,225.224,839.995,114.324,815.914,607.484,385.614,777.72
Research and Development2,143.422,144.041,988.881,975.191,920.051,831.661,759.721,784.58
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income3,512.543,203.273,344.823,114.683,008.052,923.172,593.272,660.33
Interest Expense330.20375.56341.62601.75364.61303.77294.69325.34
Unusual Expense116.20115.11113.48117.5691.15126.95129.45451.21
Net Income Before Taxes3,453.863,496.273,212.623,220.603,207.882,835.902,597.482,354.19
Income Taxes843.33927.84935.941,013.78811.03853.49707.26630.42
Consolidated Net Income2,610.532,568.432,276.682,206.822,396.851,982.411,890.221,723.77
Net Income From Continuing Operations2,587.522,534.712,260.302,148.622,341.931,923.471,873.381,707.77
Net Income2,587.522,534.712,260.302,148.622,341.931,923.471,873.381,707.77
EPS (Recurring)2.292.262.001.902.051.721.671.71
EPS (Basic, Before Extraordinaries)2.252.201.941.842.011.651.611.47
EPS (Diluted)2.222.191.941.832.001.641.591.45
EBITDA3,895.663,570.683,701.653,488.873,379.673,284.752,960.583,019.81
Non-Operating Income (Expense)386.57781.34322.90825.23656.77343.44428.35471.48
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense409.01376.76237.57262.06357.21427.21314.95477.73
Price To Earnings Ratio28.3920.7024.0936.0843.8157.7392.8197.73
Price To Sales Ratio5.304.014.626.847.779.148.387.87
Gross Margin73.4573.3973.2273.0173.7773.6073.5774.35
Operating Margin29.7327.8929.9227.6328.3628.5727.3426.59
Net Margin21.9022.0720.2219.0622.0818.8019.7517.07
Shares Outstanding1,128.991,154.201,167.561,167.561,138.591,164.601,166.591,166.59
Market Capitalization263,890.12179,931.13199,896.24276,574.90311,192.77354,760.02313,159.42283,089.80

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments11,201.9011,480.5912,461.5610,349.1213,255.208,498.786,298.3510,374.094,924.48
Short Term Receivables9,064.418,105.897,809.887,329.877,681.798,323.819,443.597,607.667,450.96
Inventories0.000.000.000.000.000.000.000.000.00
Other Current Assets1,865.031,176.331,075.93982.941,857.051,615.091,334.651,017.401,950.10
Total Current Assets22,131.3420,762.8121,347.3618,661.9322,794.0418,437.6717,076.5918,999.1514,325.54
Net Property, Plant & Equipment5,281.504,652.504,723.485,265.815,659.846,167.926,169.264,061.613,562.77
Total Investments and Advances7,887.616,777.355,635.925,644.697,135.934,297.112,622.161,755.881,386.92
Long-Term Note Receivable571.96536.39441.86323.38167.17168.85145.93134.89141.69
Intangible Assets36,755.5935,175.9334,899.2139,394.3339,865.6838,324.0337,775.4930,822.7529,104.99
Deferred Tax Assets5,263.885,027.354,636.224,592.382,023.081,453.581,404.251,159.151,245.23
Other Assets7,468.336,198.506,015.925,485.663,287.652,684.472,397.661,941.071,247.63
Total Assets85,360.2079,130.8477,699.9879,368.1880,933.3971,533.6367,591.3458,874.5151,014.79
Short Term Debt Incl. Current Port. of LT Debt2,175.084,070.551,587.384,623.334,738.712,280.703,277.70877.941,558.64
Accounts Payable2,855.092,058.571,969.592,290.321,796.781,672.591,774.671,704.441,382.12
Income Tax Payable1,136.87605.77293.84302.03345.71506.55286.24698.46716.88
Other Current Liabilities14,287.1813,024.5212,323.4811,411.0411,468.6611,252.9910,894.998,706.238,602.53
Total Current Liabilities20,454.2219,759.4116,174.2918,626.7118,349.8615,712.8316,233.5911,987.0712,260.17
Long Term Debt6,605.116,959.608,122.499,339.5012,487.5916,640.2814,480.2512,043.096,006.40
Provision for Risks Charges645.95511.54478.31383.14403.71442.93536.55308.65393.86
Deferred Tax Liabilities2,808.112,596.002,506.452,613.70330.93193.3292.05116.60301.40
Other Liabilities1,909.661,872.182,470.002,675.602,141.351,927.091,651.201,408.361,414.54
Total Liabilities32,423.0431,698.7329,751.5433,638.6533,713.4334,916.4532,993.6425,863.7720,376.38
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity52,364.0347,051.0547,673.3842,888.5144,183.6336,359.0134,512.3932,959.3030,601.19
Total Shareholders Equity52,364.0347,051.0547,673.3842,888.5144,183.6336,359.0134,512.3932,959.3030,601.19
Accumulated Minority Interest573.13381.06275.062,841.023,036.32258.1785.3151.4437.22
Total Equity52,937.1647,432.1147,948.4445,729.5347,219.9636,617.1834,597.6933,010.7430,638.41
Total Liabilities & Stockholders Equity85,360.2079,130.8477,699.9879,368.1880,933.3971,533.6367,591.3458,874.5151,014.79
Book Value Per Share44.8540.3340.8436.7537.4630.8228.9127.6125.64
Tangible Book Value Per Share13.3710.1810.942.993.66-1.67-2.731.791.25
Full-Time Employees110,650109,121107,602106,312107,415102,430100,33096,49888,543
Price to Book Ratio5.066.153.982.873.724.214.613.584.76
Return on Assets9.844.315.004.308.158.435.888.779.25
Return on Equity16.267.138.677.9115.4316.5511.0215.1615.48
Return on Invested Capital13.716.264.994.6010.9611.077.5910.7012.35
Quick Ratio1.081.051.321.001.241.171.051.581.17
Current Ratio1.081.051.321.001.241.171.051.581.17

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income9,462.268,267.963,407.336,447.771,795.066,354.336,022.483,771.874,822.82
Depreciation1,483.451,479.571,384.561,484.371,648.982,098.022,087.292,095.231,606.82
Other Funds (Non Cash)617.671,234.66559.23-840.032,993.17-843.93-630.41-508.14-287.86
Funds from Operations11,502.2010,921.255,004.986,864.006,166.077,020.977,527.254,741.145,857.46
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-201.93-761.79641.44-18.38-231.21334.50673.72-828.24-780.99
Cash from Operating Activities11,300.2710,159.465,646.436,845.625,934.857,355.478,200.983,912.895,076.46
Capital Expenditures-813.11-834.02-862.11-848.68-921.70-945.58-930.22-914.43-1,720.08
Net Assets From Acquisitions-2,133.18-792.26-1,216.90-1,361.12-713.61-1,437.29-820.78-6,955.01-2,524.66
Sale of Fixed Assets and Businesses111.96136.56131.97107.03403.57107.56331.73147.7467.25
Purchase or Sale of Investments-522.89-73.361,225.56-2,874.691,965.32-1,347.46-2,051.95-136.55560.38
Purchase of Investments-5,813.72-6,595.41-6,923.90-3,855.26-2,438.26-5,164.07-2,889.84-1,007.32-1,195.09
Sale Or Maturity of Investments5,290.826,522.058,149.46980.574,403.583,816.62837.88870.781,755.47
Other Uses0.000.000.000.00-32.580.000.000.000.00
Other Sources0.000.000.005,956.950.000.000.000.000.00
Cash from Investing Activities-3,356.06-1,563.08-721.49979.49701.00-3,622.77-3,471.22-7,858.24-3,617.11
Cash Dividends Paid-3,368.87-3,095.69-2,774.54-2,589.27-3,011.04-2,579.08-2,124.91-2,003.46-1,971.36
Change in Capital Stock-4,806.93-2,186.06-2,278.04-1,025.98-1,576.460.00-1,700.840.000.00
Repurchase of Common Pref Stock-4,806.93-2,186.06-2,278.04-1,025.98-1,576.460.00-1,700.840.000.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net--3,600.161,711.23-4,397.98-1,352.60-321.50-340.852,587.705,852.74
Change in Long Term Debt-0.000.00------
Issuance of Long Term Debt-0.000.00------
Reduction of Long Term Debt-0.000.00------
Net Financing Active Other Cash Flow-39.58-2.26-1.0810.81-289.023,278.82108.30-19.03-8.26
Other Financing Activities Uses-39.58-2.26-1.08-14.05-289.02-63.83-2.28-19.03-8.26
Cash from Financing Activities-7,005.86-9,221.61-3,677.75-8,361.35-6,660.02-63.83-4,489.22114.163,873.12
Exchange Rate Effect8.17-943.49360.20-419.47140.83572.08-243.95123.12114.44
Net Change in Cash946.53-1,568.721,607.39-955.71116.664,240.95-3.42-3,708.075,446.90
Free Cash Flow10,487.169,325.444,784.325,996.955,013.156,409.887,270.762,998.473,356.39
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow34.0945.82144.5653.5360.5643.1629.95160.7985.82
Deferred Taxes & Investment Tax Credit--60.94-346.14-228.12-271.15-587.4447.88-617.83-284.32

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments10,636.1012,017.2311,116.4311,201.9010,050.959,322.72
Short Term Receivables8,836.918,867.4310,399.769,064.417,280.307,992.74
Inventories0.000.000.000.000.000.00
Other Current Assets5,647.455,009.944,126.031,865.034,884.485,737.78
Total Current Assets25,119.3225,894.6025,642.2122,131.3422,215.7223,052.07
Net Property, Plant & Equipment5,166.985,149.425,158.405,281.505,165.305,093.34
Total Investments and Advances9,427.569,287.038,795.897,887.618,293.157,990.40
Intangible Assets38,632.5337,781.4936,590.4236,755.5936,916.1536,185.10
Deferred Tax Assets2,693.102,722.202,918.525,263.882,596.752,938.15
Other Assets5,482.755,438.685,375.017,468.335,030.184,892.61
Total Assets86,706.2586,443.7784,642.9285,360.2080,365.3080,290.17
Short Term Debt Incl. Current Port. of LT Debt2,331.902,011.063,253.812,175.083,562.603,651.85
Accounts Payable3,409.823,140.652,935.812,855.092,436.952,594.21
Income Tax Payable1,784.421,553.741,473.661,136.871,097.451,132.77
Other Current Liabilities14,179.9515,856.4316,325.5214,287.1813,008.4214,983.02
Total Current Liabilities21,706.0922,561.8823,988.8020,454.2220,105.4222,361.84
Long Term Debt9,694.489,352.195,804.786,605.117,154.576,614.64
Provision for Risks Charges714.45698.56676.34645.95642.73549.36
Deferred Tax Liabilities294.19241.24229.292,808.11219.72342.76
Other Liabilities1,525.451,859.011,674.151,909.661,435.851,826.51
Total Liabilities33,934.6534,712.8732,373.3632,423.0429,558.3031,695.12
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity52,190.0451,153.5351,687.6952,364.0350,298.2248,125.50
Total Shareholders Equity52,190.0451,153.5351,687.6952,364.0350,298.2248,125.50
Accumulated Minority Interest582.69577.37581.86573.13509.95470.71
Total Equity52,772.7351,730.9052,269.5552,937.1650,808.1848,596.22
Total Liabilities & Stockholders Equity86,707.3886,443.7784,642.9285,360.2080,366.4880,291.34
Book Value Per Share46.2344.3244.2744.8544.1841.32
Tangible Book Value Per Share12.0111.5912.9313.3711.7510.25
Full-Time Employees113,076112,019111,038110,650110,730108,929
Price to Book Ratio5.063.483.825.506.477.18
Return on Assets11.4111.1410.4310.099.939.13
Return on Equity18.6018.7117.1716.6716.3015.33
Return on Invested Capital4.184.193.933.644.083.51
Quick Ratio1.161.151.071.081.101.03
Current Ratio1.161.151.071.081.101.03

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income2,610.022,581.592,276.681,993.962,454.471,961.04
Depreciation383.15369.28356.83374.19385.34358.40
Other Funds (Non Cash)331.50-184.96373.2197.93353.84567.67
Funds from Operations3,324.662,765.923,006.712,404.903,193.652,887.11
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-1,148.68874.04983.91-911.20-1,186.521.64
Cash from Operating Activities2,175.983,639.963,990.621,493.702,007.142,888.74
Capital Expenditures-191.87-135.47-278.44-207.32-240.97-212.11
Net Assets From Acquisitions-967.92-1,156.40-2.34-6.52-783.35-2.27
Sale of Fixed Assets and Businesses34.5226.8737.4413.1339.2144.74
Purchase or Sale of Investments-596.68-856.531,099.73-169.42719.37-682.53
Purchase of Investments-2,034.83-1,386.34-694.94-1,697.61-1,244.59-2,240.86
Sale Or Maturity of Investments1,438.15529.821,794.671,528.191,963.961,558.33
Other Uses0.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities-1,720.78-2,121.52856.39-370.13-264.65-853.26
Cash Dividends Paid18.79-3,370.970.00-16.68-110.92-2,979.97
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-1,753.91-376.15-2,665.09-11.78-408.59-1,642.52
Repurchase of Common Pref Stock-1,753.91-376.15-2,665.09-11.78-408.59-1,642.52
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-16.713,374.82-584.96-1,243.13-363.19-693.13
Net Financing Active Other Cash Flow-7.96-26.89-5.851.11-3.380.00
Other Financing Activities Uses-7.96-26.89-5.851.11-3.380.00
Cash from Financing Activities-1,834.60-466.97-3,324.93-1,379.35-964.94-5,395.06
Exchange Rate Effect31.97-43.35148.58-129.03-155.38-278.55
Net Change in Cash-1,347.431,008.121,670.66-384.81622.17-3,638.13
Free Cash Flow1,984.113,504.493,712.181,286.381,766.172,676.63
Price to Free Cash Flow34.0926.3731.5745.5276.3592.10

Revenue breakdown

Consolidation, Policy2024: 1.08M
Country of domicile2024: 5.80B 2025: 6.57B
Japan2024: 1.50B 2025: 1.77B
Other Americas2024: 2.98B 2025: 3.34B
Other Asia Pacific2024: 3.68B 2025: 4.18B
Other EMEA2024: 11.05B 2025: 12.63B
United States2024: 11.96B 2025: 13.01B
Applications Technology And Support2024: 32.73B 2025: 37.05B
Consolidation, Policy2024: 1.08M
Core Services2024: 4.25B 2025: 4.46B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-300.24%2.7M1129.0M2.31M
2026-10-150.37%4.1M1129.0M2.54M
2026-09-300.35%4.1M1154.2M2.63M
2026-09-150.44%5.0M1154.2M2.75M
2026-08-310.44%5.0M1154.2M2.94M
2026-08-140.70%8.0M1154.2M3.09M
2026-07-310.74%8.6M1154.2M3.26M
2026-07-150.82%9.6M1167.6M3.30M
2026-06-300.96%11.2M1167.6M3.39M
2026-06-150.88%10.3M1167.6M3.46M
2026-05-290.96%11.2M1167.6M3.46M
2026-05-150.98%11.4M1167.6M3.30M
2026-04-300.77%9.0M1167.6M3.43M
2026-04-150.65%7.6M1167.6M3.31M
2026-03-310.49%5.7M1167.6M3.06M
2026-03-130.40%4.6M1167.6M2.71M
2026-02-270.31%3.7M1167.6M2.37M
2026-02-130.38%4.3M1138.6M2.33M
2026-01-300.24%2.8M1138.6M1.78M
2026-01-150.24%2.8M1138.6M1.49M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call110122.4125.90.006.8000.000.000.996-0.2250.002
call115117.5120.2118.345.4531.000.000.996-0.2280.002
call120112.3116.10.005.9230.000.000.995-0.2260.002
call125107.5110.50.005.1670.000.000.995-0.2250.002
call130102.3105.20.004.6540.000.000.995-0.2250.003
call13597.30100.60.004.7080.000.000.994-0.2240.003
call14092.3095.300.004.1630.000.000.994-0.2230.003
call14587.4090.200.003.8370.000.000.994-0.2210.003
call15082.6085.300.003.9780.000.000.993-0.2160.003
call15577.4080.400.003.7880.000.000.993-0.2140.003
call16072.4075.300.003.2400.000.000.992-0.2160.004
call16567.3070.400.003.0820.000.000.992-0.2140.004
call17062.4065.400.002.8700.000.000.991-0.2110.004
call17557.5060.400.002.8560.000.000.990-0.2060.004
call18052.5055.600.002.5830.000.000.990-0.2060.005
call18547.3050.600.002.3500.000.000.989-0.2030.005
call19042.5045.3047.182.0341.000.000.987-0.1990.006
call192.539.8043.600.002.2150.000.000.987-0.1980.006
call19537.3040.800.002.0250.000.000.986-0.1970.006
call197.534.8038.500.001.9540.000.000.985-0.1950.006
call20032.3035.300.001.6170.000.000.984-0.1920.007
call202.529.8033.300.001.6770.000.000.983-0.1900.007
call20527.3030.800.001.5730.000.000.982-0.1870.007
call207.524.8028.700.001.5960.000.000.981-0.1840.008
call21022.4025.200.001.1750.000.000.979-0.1810.009
call212.520.0022.800.001.1280.000.000.975-0.1960.010
call21517.7020.4018.951.0581.000.000.967-0.2250.012
call217.514.9017.900.000.9570.000.000.909-0.5800.028
call22012.8015.4014.650.8503.000.000.896-0.5740.031
call222.510.1013.600.000.8990.000.000.865-0.6410.037
call2258.2010.8011.600.7164.000.000.848-0.5910.040
call227.55.708.700.000.6720.000.000.779-0.7250.051
call2305.105.805.300.4753.0032.000.714-0.7120.058
call232.53.504.105.840.4627.000.000.599-0.7770.066
call2352.102.552.200.42715.002.000.465-0.7580.068
call237.51.151.554.700.4251530.000.333-0.6960.062
call2400.550.950.670.43661.001.000.270-0.7850.056
call242.50.250.550.400.44469.001.000.193-0.6590.047
call2450.102.450.200.5309.0010.000.165-0.6860.042
call247.50.002.350.200.61225.000.000.138-0.6670.037
call2500.050.550.050.6871692.000.121-0.6670.034
call252.50.002.200.100.76312.000.000.104-0.6410.031
call2550.001.350.430.8354520.000.092-0.6280.028
call257.50.002.150.000.9070.000.000.081-0.6030.026
call2600.001.250.150.97462.000.000.076-0.6140.024
call262.50.002.150.201.0431.000.000.072-0.6310.023
call2650.000.750.301.1095.000.000.068-0.6450.022
call267.50.001.950.071.17350.000.000.065-0.6580.022
call2700.001.950.051.23611.000.000.062-0.6710.021
call272.50.001.750.001.2980.000.000.060-0.6820.020
call2750.001.150.001.3580.000.000.058-0.6930.020
call277.50.001.750.001.4160.000.000.056-0.6960.019
call2800.002.150.601.4746.000.000.054-0.7120.019
call282.50.002.150.001.5330.000.000.052-0.7230.018
call2850.002.150.001.5870.000.000.051-0.7300.018
call2900.001.750.001.7000.000.000.048-0.7480.017
call2950.001.950.001.8060.000.000.046-0.7630.016
call3000.002.150.001.9070.000.000.043-0.7760.016
call3050.000.950.002.0080.000.000.042-0.7890.015
call3100.002.150.002.1020.000.000.040-0.7950.015
put1100.002.150.004.0200.000.00-0.004-0.2090.002
put1150.002.150.003.8000.000.00-0.004-0.2080.002
put1200.002.150.003.5880.000.00-0.005-0.2070.002
put1250.002.150.003.3850.000.00-0.005-0.2050.003
put1300.002.150.003.1890.000.00-0.005-0.2040.003
put1350.002.150.003.0000.000.00-0.006-0.2020.003
put1400.002.150.002.8160.000.00-0.006-0.2000.003
put1450.002.150.002.6430.000.00-0.006-0.1990.003
put1500.002.150.002.4720.000.00-0.007-0.1970.003
put1550.002.150.002.3000.000.00-0.007-0.1940.003
put1600.002.150.002.1590.000.00-0.008-0.1940.004
put1650.002.150.002.0020.000.00-0.008-0.1910.004
put1700.002.150.001.8480.000.00-0.009-0.1890.004
put1750.002.150.001.7350.000.00-0.010-0.1940.004
put1800.002.150.001.5850.000.00-0.010-0.1900.005
put1850.002.150.001.4430.000.00-0.011-0.1880.005
put1900.000.950.101.3112.000.00-0.012-0.1870.006
put192.50.002.150.001.2390.000.00-0.013-0.1840.006
put1950.000.750.121.17152.000.00-0.014-0.1830.006
put197.50.001.750.001.0800.000.00-0.015-0.1770.006
put2000.001.750.151.0281550.00-0.016-0.1780.007
put202.50.001.750.150.95754.000.00-0.017-0.1750.007
put2050.001.600.150.8871.000.00-0.018-0.1720.007
put207.50.001.750.000.8180.000.00-0.019-0.1690.008
put2100.000.100.200.6542.000.00-0.029-0.1550.013
put212.50.001.150.280.6791.000.00-0.025-0.1800.010
put2150.000.100.220.6227.000.00-0.046-0.2740.017
put217.50.002.200.001.1600.000.00-0.195-1.3520.048
put2200.002.300.300.66624.000.00-0.103-0.5490.031
put222.50.052.400.000.5770.000.00-0.134-0.6230.037
put2250.250.500.470.4824401.00-0.156-0.5870.041
put227.50.450.851.110.4685.000.00-0.225-0.7200.051
put2300.901.401.650.4557420.00-0.291-0.7040.058
put232.51.602.153.140.43942.000.00-0.399-0.7580.066
put2352.703.303.300.42921.0078.00-0.534-0.7430.068
put237.54.204.904.960.44640.001.00-0.661-0.6840.062
put2405.708.208.120.7045.000.00-0.725-0.7750.057
put242.57.9010.3010.690.7503.000.00-0.800-0.6640.048
put2459.2012.900.000.8760.000.00-0.829-0.6910.043
put247.512.6015.200.000.9430.000.00-0.856-0.6770.039
put25015.0017.700.001.0410.000.00-0.879-0.6430.034
put252.517.5020.1019.381.1202.000.00-0.895-0.6260.031
put25519.5022.800.001.2460.000.00-0.907-0.6100.028
put257.521.7025.300.001.3340.000.00-0.919-0.5830.026
put26023.9027.800.001.4190.000.00-0.924-0.5970.024
put262.526.5030.300.001.5030.000.00-0.928-0.6110.023
put26529.7032.800.001.5830.000.00-0.932-0.6260.022
put267.531.7035.300.001.6720.000.00-0.935-0.6380.022
put27033.9037.800.001.7400.000.00-0.938-0.6500.021
put272.536.3040.300.001.8250.000.00-0.940-0.6610.020
put27538.9042.800.001.8990.000.00-0.942-0.6720.020
put277.541.4045.300.001.9760.000.00-0.944-0.6820.019
put28043.9047.800.002.0320.000.00-0.946-0.6910.019
put282.546.4050.300.002.1120.000.00-0.948-0.7010.018
put28548.9052.800.002.1820.000.00-0.949-0.7100.018
put29054.0057.800.002.2980.000.00-0.952-0.7220.017
put29559.0062.800.002.4240.000.00-0.954-0.7390.016
put30064.3067.800.002.5630.000.00-0.956-0.7540.016
put30569.0072.800.002.6770.000.00-0.958-0.7660.015
put31073.9077.800.002.7960.000.00-0.960-0.7760.015

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-10-266-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-26SEC
2026-08-24S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2026-07-286-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-28SEC
2026-06-1011-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-05-086-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-08SEC
2026-04-286-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-04-28SEC
2026-04-216-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-04-21SEC
2026-03-066-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-03-06SEC
2026-02-2620-FRegistration statement under Section 12 of the Securities Exchange Act of 1934 or an annual or transition report filed under Section 13(a) or 15(d) of the Exchange Act for a foreign private issuer.2025-12-31SEC
2026-02-036-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-02-03SEC
2025-11-14S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2025-10-276-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162025-10-27SEC
2025-07-256-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162025-07-25SEC
2025-06-1811-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2024-12-31SEC
2025-05-216-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162025-05-21SEC
2025-04-256-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162025-04-25SEC
2025-03-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162025-03-07SEC
2025-02-2720-FRegistration statement under Section 12 of the Securities Exchange Act of 1934 or an annual or transition report filed under Section 13(a) or 15(d) of the Exchange Act for a foreign private issuer.2024-12-31SEC
2025-01-296-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162025-01-29SEC
2024-10-236-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162024-10-23SEC
2024-09-12S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2024-07-246-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162024-07-24SEC
2024-06-1811-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2023-12-31SEC
2024-06-116-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162024-06-11SEC
2024-04-246-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162024-04-24SEC
2024-03-086-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162024-03-08SEC
2024-02-2920-FRegistration statement under Section 12 of the Securities Exchange Act of 1934 or an annual or transition report filed under Section 13(a) or 15(d) of the Exchange Act for a foreign private issuer.2023-12-31SEC
2024-02-226-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162024-02-22SEC
2024-02-126-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162024-02-12SEC
2024-02-02SC 13GSchedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutionsSEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
Fisher Asset Management, LLC1.34%
EAGLE CAPITAL MANAGEMENT LLC0.74%
GOLDMAN SACHS GROUP INC0.52%
Capital International Investors0.49%
MORGAN STANLEY0.47%
WINDACRE PARTNERSHIP LLC0.38%
Cardinal Capital Management, Inc.0.36%
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC0.21%
FMR LLC0.21%
BANK OF AMERICA CORP /DE/0.20%

Funds

Fund% owned
EUPAC Fund0.62%
Avantis Emerging Markets Equity ETF0.47%
New Perspective Fund0.34%
Washington Mutual Investors Fund0.32%
Growth Fund of America0.31%
Capital Income Builder0.12%
VANGUARD WINDSOR II FUND0.12%
American Funds Fundamental Investors0.10%
American Funds Global Insight Fund0.10%
Eagle Capital Select Equity ETF0.09%

OakChart. SAP. Cached 15 minutes.

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