APP vs. SAP: AppLovin vs. SAP Stock Comparison
How do AppLovin (APP) 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
AppLovin (APP) 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.
SAP (SAP) has more than two decades of public-market history since September 18, 1995, whereas AppLovin (APP) listed on April 15, 2021 and has a much shorter record to draw on.
AppLovin (APP) 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 | APP | SAP |
|---|---|---|
| Name | AppLovin Corporation Class A Common Stock | 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 | 160.27 billion USD | 182.84 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | April 15, 2021 | September 18, 1995 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Performance Metrics
| Metric | APP | SAP |
|---|---|---|
| Total Return (1Y) | 37.31% | -46.61% |
Risk Profile
Drawdown History
AppLovin (APP) carries a highly aggressive beta of 2.51, indicating much higher sensitivity to broad-market moves, whereas SAP (SAP) is closer to market-like at 1.16 — a noticeable difference in market-sensitivity profile.
Risk Metrics
| Metric | APP | SAP |
|---|---|---|
| Volatility (1Y, Annualized) | 71.28% | 35.10% |
| Beta (5Y) | 2.51 | 1.16 |
| Avg. Volume (3M) | 4.88M | 3.41M |
Risk-Adjusted Performance
Risk-Return Positioning
Profitability
ROE (TTM)
AppLovin (APP) at 266.44% clears its industry range for ROE, a sharper capital-efficiency signal than SAP (SAP) at 16.35%, which is closer to a typical peer reading.
APP
Software & Services industry group
266.44%
- APP
- 266.44%
- Max
- 53.38%
- Q3
- 16.53%
- Median
- 5.38%
- Q1
- -13.43%
- Min
- -55.27%
SAP
Software & Services industry group
16.35%
- Max
- 53.38%
- Q3
- 16.53%
- SAP
- 16.35%
- Median
- 5.38%
- Q1
- -13.43%
- Min
- -55.27%
Net Margin (TTM)
AppLovin (APP) at 64.29% keeps the most of each sales dollar — above its industry’s net margin range — and SAP (SAP) at 19.58% also retains a top-quartile share.
APP
Software & Services industry group
64.29%
- APP
- 64.29%
- Max
- 44.20%
- Q3
- 14.93%
- Median
- 3.32%
- Q1
- -5.99%
- Min
- -34.99%
SAP
Software & Services industry group
19.58%
- Max
- 44.20%
- SAP
- 19.58%
- Q3
- 14.93%
- Median
- 3.32%
- Q1
- -5.99%
- Min
- -34.99%
Operating Margin (TTM)
AppLovin (APP) at 78.15% shows unusually strong operating efficiency — above its industry’s operating margin range — and SAP (SAP) at 30.03% also operates in the top quartile.
APP
Software & Services industry group
78.15%
- APP
- 78.15%
- Max
- 60.45%
- Q3
- 16.49%
- Median
- 4.46%
- Q1
- -12.92%
- Min
- -53.94%
SAP
Software & Services industry group
30.03%
- Max
- 60.45%
- SAP
- 30.03%
- Q3
- 16.49%
- Median
- 4.46%
- Q1
- -12.92%
- Min
- -53.94%
Profitability Metrics
| Metric | APP | SAP |
|---|---|---|
| ROE (TTM) | 266.44% | 16.35% |
| ROA (TTM) | 44.24% | 9.08% |
| Net Margin (TTM) | 64.29% | 19.58% |
| Operating Margin (TTM) | 78.15% | 30.03% |
| Gross Margin (TTM) | 88.37% | 73.72% |
Growth
Revenue Growth
Revenue Growth Metrics
| Metric | APP | SAP |
|---|---|---|
| Revenue Growth (YoY) | 69.99% | 7.68% |
| Revenue Growth (3Y CAGR) | 24.84% | 7.63% |
EPS Growth
EPS Growth Metrics
| Metric | APP | SAP |
|---|---|---|
| EPS Growth (YoY) | 115.23% | 130.19% |
| EPS Growth (3Y CAGR) | -- | 46.25% |
Financial Strength
Current Ratio (MRQ)
SAP (SAP) at 1.07 keeps current ratio within its industry’s typical mid-range, while AppLovin (APP) at 3.24 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
APP
Software & Services industry group
3.24
- Max
- 5.55
- APP
- 3.24
- Q3
- 2.88
- Median
- 1.72
- Q1
- 1.07
- Min
- 0.03
SAP
Software & Services industry group
1.07
- Max
- 5.55
- Q3
- 2.88
- Median
- 1.72
- SAP
- 1.07
- Q1
- 1.07
- Min
- 0.03
Debt / Equity (MRQ)
SAP (SAP) at 0.17 carries an industry-typical debt-to-equity mix, while AppLovin (APP) at 1.63 uses more debt funding than most peers.
APP
Software & Services industry group
1.63
- Max
- 2.31
- APP
- 1.63
- Q3
- 1.06
- Median
- 0.32
- Q1
- 0.06
- Min
- 0.00
SAP
Software & Services industry group
0.17
- Max
- 2.31
- Q3
- 1.06
- Median
- 0.32
- SAP
- 0.17
- Q1
- 0.06
- Min
- 0.00
Financial Strength Metrics
| Metric | APP | SAP |
|---|---|---|
| Current Ratio (MRQ) | 3.24 | 1.07 |
| Debt / Equity (MRQ) | 1.63 | 0.17 |
| Net Debt / EBITDA | 0.22 | -0.19 |
Dividends
Dividend Yield (TTM)
AppLovin (APP) 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 1.69%, ranking against industry peers normally.
APP
Software & Services industry group
0.00%
- APP
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SAP
Software & Services industry group
1.69%
- SAP
- 1.69%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
AppLovin (APP) 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 37.15%, ranking against industry peers normally.
APP
Software & Services industry group
0.00%
- APP
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SAP
Software & Services industry group
37.15%
- SAP
- 37.15%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | APP | SAP |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.69% |
| Dividend Payout Ratio (TTM) | 0.00% | 37.15% |
Valuation
P/E Ratio (TTM)
Both AppLovin (APP) at 41.49 and SAP (SAP) at 21.87 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
APP
Software & Services industry group
41.49
- Max
- 114.57
- Q3
- 59.78
- APP
- 41.49
- Median
- 29.42
- Q1
- 16.20
- Min
- 0.40
SAP
Software & Services industry group
21.87
- Max
- 114.57
- Q3
- 59.78
- Median
- 29.42
- SAP
- 21.87
- Q1
- 16.20
- Min
- 0.40
P/S Ratio (TTM)
SAP (SAP) at 4.90 prices around its industry’s typical P/S ratio, while AppLovin (APP) at 26.00 clears its benchmark range — APP looks notably rich on sales.
APP
Software & Services industry group
26.00
- APP
- 26.00
- Max
- 17.86
- Q3
- 8.79
- Median
- 4.10
- Q1
- 2.13
- Min
- 0.03
SAP
Software & Services industry group
4.90
- Max
- 17.86
- Q3
- 8.79
- SAP
- 4.90
- Median
- 4.10
- Q1
- 2.13
- Min
- 0.03
P/B Ratio (MRQ)
SAP (SAP) at 3.47 sits near its industry’s typical P/B ratio, while AppLovin (APP) at 67.88 prices above its benchmark range — APP looks rich relative to book.
APP
Software & Services industry group
67.88
- APP
- 67.88
- Max
- 17.72
- Q3
- 8.62
- Median
- 3.82
- Q1
- 1.97
- Min
- -7.65
SAP
Software & Services industry group
3.47
- Max
- 17.72
- Q3
- 8.62
- Median
- 3.82
- SAP
- 3.47
- Q1
- 1.97
- Min
- -7.65
Valuation Metrics
| Metric | APP | SAP |
|---|---|---|
| P/E Ratio (TTM) | 41.49 | 21.87 |
| P/S Ratio (TTM) | 26.00 | 4.90 |
| P/B Ratio (MRQ) | 67.88 | 3.47 |
| Free Cash Flow Yield (TTM) | 1.98% | 4.45% |