CRM vs. SAP: Salesforce vs. SAP Stock Comparison
How do Salesforce (CRM) 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
Salesforce (CRM) 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.
Salesforce (CRM) 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 | CRM | SAP |
|---|---|---|
| Name | Salesforce, 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 | 175.83 billion USD | 269.45 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 23, 2004 | September 18, 1995 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CRM | SAP |
|---|---|---|
| Total Return (1Y) | -9.04% | -3.87% |
| Total Return (3Y, Annualized) | 1.64% | 20.21% |
| Total Return (5Y, Annualized) | -6.57% | 11.79% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CRM | SAP |
|---|---|---|
| Volatility (1Y, Annualized) | 47.53% | 39.05% |
| Beta (5Y) | 1.24 | 1.09 |
| Max Drawdown (5Y) | -58.67% | -52.26% |
| Avg. Volume (3M) | 11.36M | 2.27M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CRM | SAP |
|---|---|---|
| Sharpe Ratio (1Y) | -0.28 | -0.21 |
| Sortino Ratio (1Y) | -0.45 | -0.29 |
Profitability
ROE (TTM)
Both Salesforce (CRM) at 19.38% and SAP (SAP) at 18.18% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
CRM
Software & Services industry group
19.38%
- Max
- 53.85%
- CRM
- 19.38%
- 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 Salesforce (CRM) at 21.99% and SAP (SAP) at 20.41% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
CRM
Software & Services industry group
21.99%
- Max
- 41.17%
- CRM
- 21.99%
- 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 Salesforce (CRM) at 21.38% 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.
CRM
Software & Services industry group
21.38%
- Max
- 46.89%
- CRM
- 21.38%
- 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 | CRM | SAP |
|---|---|---|
| ROE (TTM) | 19.38% | 18.18% |
| ROA (TTM) | 5.70% | 9.91% |
| Net Margin (TTM) | 21.99% | 20.41% |
| Operating Margin (TTM) | 21.38% | 29.50% |
| Gross Margin (TTM) | 77.28% | 73.58% |
Growth
Revenue Growth
Both Salesforce (CRM) at 9.58% 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 Salesforce (CRM) at 22.64% is closer to the peer norm — faster per-share earnings growth for SAP.
Growth Metrics
| Metric | CRM | SAP |
|---|---|---|
| Revenue Growth (YoY) | 9.58% | 7.68% |
| Revenue Growth (3Y CAGR) | 9.82% | 7.63% |
| EPS Growth (YoY) | 22.64% | 130.19% |
| EPS Growth (3Y CAGR) | 233.65% | 46.25% |
Financial Strength
Current Ratio (MRQ)
SAP (SAP) at 1.16 keeps current ratio within its industry’s typical mid-range, while Salesforce (CRM) at 0.84 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CRM.
CRM
Software & Services industry group
0.84
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- CRM
- 0.84
- 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 Salesforce (CRM) at 1.10 and SAP (SAP) at 0.23 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
CRM
Software & Services industry group
1.10
- Max
- 2.52
- Q3
- 1.13
- CRM
- 1.10
- 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 | CRM | SAP |
|---|---|---|
| Current Ratio (MRQ) | 0.84 | 1.16 |
| Debt / Equity (MRQ) | 1.10 | 0.23 |
| Net Debt / EBITDA | 2.40 | -0.03 |
Dividends
Dividend Yield (TTM)
Both Salesforce (CRM) at 0.77% and SAP (SAP) at 1.03% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
CRM
Software & Services industry group
0.77%
- CRM
- 0.77%
- 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)
Both Salesforce (CRM) at 15.66% and SAP (SAP) at 36.45% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.
CRM
Software & Services industry group
15.66%
- CRM
- 15.66%
- 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 | CRM | SAP |
|---|---|---|
| Dividend Yield (TTM) | 0.77% | 1.03% |
| Dividend Payout Ratio (TTM) | 15.66% | 36.45% |
Valuation
P/E Ratio (TTM)
Both Salesforce (CRM) at 19.55 and SAP (SAP) at 29.07 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
CRM
Software & Services industry group
19.55
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- CRM
- 19.55
- Q1
- 18.77
- 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 Salesforce (CRM) at 4.00 and SAP (SAP) at 6.84 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
CRM
Software & Services industry group
4.00
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- CRM
- 4.00
- 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)
Salesforce (CRM) at 4.58 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.
CRM
Software & Services industry group
4.58
- Max
- 16.63
- Q3
- 8.50
- CRM
- 4.58
- 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 | CRM | SAP |
|---|---|---|
| P/E Ratio (TTM) | 19.55 | 29.07 |
| P/S Ratio (TTM) | 4.00 | 6.84 |
| P/B Ratio (MRQ) | 4.58 | 73.25 |
| Free Cash Flow Yield (TTM) | 10.08% | 3.73% |