ADBE vs. SAP: Adobe vs. SAP Stock Comparison
How do Adobe (ADBE) and SAP (SAP) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Adobe (ADBE) and SAP (SAP) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.
Adobe (ADBE) trades as ordinary local shares, while SAP (SAP) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | ADBE | SAP |
|---|---|---|
| Name | Adobe Inc. | SAP SE Sponsored ADR |
| Country/Region | United States | Germany |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | Software |
| GICS Sub-Industry | Application Software | Application Software |
| Market Capitalization | 93.14 billion USD | 269.45 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | August 13, 1986 | September 18, 1995 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ADBE | SAP |
|---|---|---|
| Total Return (1Y) | -27.09% | -3.87% |
| Total Return (3Y, Annualized) | -25.55% | 20.21% |
| Total Return (5Y, Annualized) | -18.62% | 11.79% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ADBE | SAP |
|---|---|---|
| Volatility (1Y, Annualized) | 41.62% | 39.05% |
| Beta (5Y) | 1.38 | 1.09 |
| Max Drawdown (5Y) | -71.90% | -52.26% |
| Avg. Volume (3M) | 4.61M | 2.27M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ADBE | SAP |
|---|---|---|
| Sharpe Ratio (1Y) | -0.75 | -0.21 |
| Sortino Ratio (1Y) | -1.04 | -0.29 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Adobe (ADBE) at 61.90% is the standout with ROE above its industry range; SAP (SAP) at 18.18% also sits in the top quartile.
ADBE
Software & Services industry group
61.90%
- ADBE
- 61.90%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
SAP
Software & Services industry group
18.18%
- Max
- 53.85%
- SAP
- 18.18%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
For every dollar of sales, both Adobe (ADBE) at 28.05% and SAP (SAP) at 20.41% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
ADBE
Software & Services industry group
28.05%
- Max
- 41.17%
- ADBE
- 28.05%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
SAP
Software & Services industry group
20.41%
- Max
- 41.17%
- SAP
- 20.41%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Both Adobe (ADBE) at 34.82% and SAP (SAP) at 29.50% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
ADBE
Software & Services industry group
34.82%
- Max
- 46.89%
- ADBE
- 34.82%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
SAP
Software & Services industry group
29.50%
- Max
- 46.89%
- SAP
- 29.50%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | ADBE | SAP |
|---|---|---|
| ROE (TTM) | 61.90% | 18.18% |
| ROA (TTM) | 20.08% | 9.91% |
| Net Margin (TTM) | 28.05% | 20.41% |
| Operating Margin (TTM) | 34.82% | 29.50% |
| Gross Margin (TTM) | 89.25% | 73.58% |
Growth
Revenue Growth
Both Adobe (ADBE) at 10.53% and SAP (SAP) at 7.68% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
SAP (SAP) at 130.19% sits in the top EPS growth quartile, while Adobe (ADBE) at 35.11% is closer to the peer norm — faster per-share earnings growth for SAP.
Growth Metrics
| Metric | ADBE | SAP |
|---|---|---|
| Revenue Growth (YoY) | 10.53% | 7.68% |
| Revenue Growth (3Y CAGR) | 10.52% | 7.63% |
| EPS Growth (YoY) | 35.11% | 130.19% |
| EPS Growth (3Y CAGR) | 18.25% | 46.25% |
Financial Strength
Current Ratio (MRQ)
SAP (SAP) at 1.16 keeps current ratio within its industry’s typical mid-range, while Adobe (ADBE) at 0.77 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ADBE.
ADBE
Software & Services industry group
0.77
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- ADBE
- 0.77
- Min
- 0.03
SAP
Software & Services industry group
1.16
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- SAP
- 1.16
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Both Adobe (ADBE) at 0.58 and SAP (SAP) at 0.23 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
ADBE
Software & Services industry group
0.58
- Max
- 2.52
- Q3
- 1.13
- ADBE
- 0.58
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
SAP
Software & Services industry group
0.23
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- SAP
- 0.23
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | ADBE | SAP |
|---|---|---|
| Current Ratio (MRQ) | 0.77 | 1.16 |
| Debt / Equity (MRQ) | 0.58 | 0.23 |
| Net Debt / EBITDA | 0.12 | -0.03 |
Dividends
Dividend Yield (TTM)
Adobe (ADBE) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile SAP (SAP) reports a yield of 1.03%, ranking against industry peers normally.
ADBE
Software & Services industry group
0.00%
- ADBE
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SAP
Software & Services industry group
1.03%
- SAP
- 1.03%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Adobe (ADBE) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile SAP (SAP) reports a payout of 36.45%, ranking against industry peers normally.
ADBE
Software & Services industry group
0.00%
- ADBE
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SAP
Software & Services industry group
36.45%
- SAP
- 36.45%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ADBE | SAP |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.03% |
| Dividend Payout Ratio (TTM) | 0.00% | 36.45% |
Valuation
P/E Ratio (TTM)
Adobe (ADBE) at 13.36 sits in the cheaper P/E ratio quartile, while SAP (SAP) at 29.07 is closer to its industry’s usual earnings multiple — a discount for ADBE, though growth and earnings durability still matter.
ADBE
Software & Services industry group
13.36
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- ADBE
- 13.36
- Min
- 6.69
SAP
Software & Services industry group
29.07
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- SAP
- 29.07
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
On P/S ratio, both Adobe (ADBE) at 3.59 and SAP (SAP) at 6.84 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
ADBE
Software & Services industry group
3.59
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- ADBE
- 3.59
- Q1
- 2.23
- Min
- 0.02
SAP
Software & Services industry group
6.84
- Max
- 17.91
- Q3
- 8.78
- SAP
- 6.84
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Adobe (ADBE) at 7.95 sits near its industry’s typical P/B ratio, while SAP (SAP) at 73.25 prices above its benchmark range — SAP looks rich relative to book.
ADBE
Software & Services industry group
7.95
- Max
- 16.63
- Q3
- 8.50
- ADBE
- 7.95
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
SAP
Software & Services industry group
73.25
- SAP
- 73.25
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | ADBE | SAP |
|---|---|---|
| P/E Ratio (TTM) | 13.36 | 29.07 |
| P/S Ratio (TTM) | 3.59 | 6.84 |
| P/B Ratio (MRQ) | 7.95 | 73.25 |
| Free Cash Flow Yield (TTM) | 10.03% | 3.73% |