SAP SE Tangible Net Worth Ratio

Latest as of March 2026: 95.0%

SAP SE tangible net worth ratio. SAP SE (SAPA) 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 how strategically is SAP SE's equity deployed to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

95.0%
Tangible equity / total equity

Net Assets (Equity)

€45.37 Billion
EUR

Intangible Assets

€2.27 Billion
Goodwill, patents, brand value

Total Assets

€73.46 Billion
EUR

Tangible Net Worth Ratio of SAP SE (2016–2025)

Tangible net worth ratio of SAP SE from 2016 to 2025. This chart shows how SAP SE's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 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 SAPA current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

SAP SE Tangible Net Worth Ratio by Year (2016–2025)

SAP SE tangible net worth ratio by year from 2016 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for SAP SE from 2016 to 2025, covering 10 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 SAPA market cap.

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 —
pp = percentage points