SAP SE Tangible Net Worth Ratio
SAP SE tangible net worth ratio. SAP SE (SAP) has a Tangible Net Worth Ratio of 95.0% as of March 2026. This metric is calculated by deducting intangible assets (€2.27 Billion) from net assets (€45.37 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check SAP SE (SAP) strategic investment index to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of SAP SE (2013–2025)
Tangible net worth ratio of SAP SE from 2013 to 2025. This chart shows how SAP SE's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 95.0%, reflecting net assets of €45.37 Billion with intangible assets of €2.27 Billion EUR. See working capital position of SAP SE to evaluate short-term liquidity relative to the company's equity base.
SAP SE Tangible Net Worth Ratio by Year (2013–2025)
SAP SE tangible net worth ratio by year from 2013 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for SAP SE from 2013 to 2025, covering 13 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market value of SAP SE.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.9% | €45.07 Billion | €2.28 Billion | €70.36 Billion | ▲ +0.8 pp |
| 2024 | 94.1% | €45.81 Billion | €2.71 Billion | €74.12 Billion | ▼ -0.1 pp |
| 2023 | 94.2% | €43.41 Billion | €2.50 Billion | €68.33 Billion | ▲ +3.2 pp |
| 2022 | 91.1% | €42.85 Billion | €3.83 Billion | €72.16 Billion | ▲ +0.6 pp |
| 2021 | 90.4% | €41.52 Billion | €3.97 Billion | €71.17 Billion | ▲ +3.1 pp |
| 2020 | 87.4% | €29.92 Billion | €3.78 Billion | €58.48 Billion | ▲ +1.9 pp |
| 2019 | 85.4% | €30.82 Billion | €4.49 Billion | €60.22 Billion | ▼ -3.4 pp |
| 2018 | 88.8% | €28.88 Billion | €3.23 Billion | €51.49 Billion | ▲ +0.4 pp |
| 2017 | 88.4% | €25.54 Billion | €2.97 Billion | €42.50 Billion | ▲ +2.7 pp |
| 2016 | 85.7% | €26.40 Billion | €3.79 Billion | €44.28 Billion | ▲ +4.0 pp |
| 2015 | 81.6% | €23.30 Billion | €4.28 Billion | €41.39 Billion | ▲ +5.2 pp |
| 2014 | 76.4% | €19.53 Billion | €4.60 Billion | €38.56 Billion | ▼ -5.2 pp |
| 2013 | 81.6% | €16.05 Billion | €2.95 Billion | €27.09 Billion | — |