CRWV vs. SAP: CoreWeave vs. SAP Stock Comparison

Company Profile

CoreWeave (CRWV) and SAP (SAP) both fall under the Software & Services industry group, but CRWV is classified in IT Services while SAP is classified in Software.

SAP (SAP) carries decades of public-market history since September 18, 1995, while CoreWeave (CRWV) listed on March 28, 2025 — long-window comparisons have far more historical data on the SAP side.

CoreWeave (CRWV) 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.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

CoreWeave (CRWV) carries a highly aggressive beta of 7.43, indicating much higher sensitivity to broad-market moves, whereas SAP (SAP) is closer to market-like at 1.09 — a noticeable difference in market-sensitivity profile.

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

CoreWeave (CRWV) reports a negative ROE of -43.60%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile SAP (SAP) reports 18.18%, ranking against industry peers normally.

CoreWeave (CRWV) reports a negative net margin of -25.40%, usually indicating a net loss over the period. Meanwhile SAP (SAP) reports 20.41%, ranking against industry peers normally.

CoreWeave (CRWV) reports a negative operating margin of -1.90%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile SAP (SAP) reports 29.50%, ranking against industry peers normally.

Profitability Metrics

Growth

CoreWeave (CRWV) at 167.94% clears its industry range for revenue growth, far stronger top-line momentum than SAP (SAP) at 7.68%, which is closer to a typical peer reading.

Only one side can be read here: SAP (SAP) reports EPS growth of 130.19%, ranked against its industry; CoreWeave (CRWV) has no EPS growth figure this period.

Growth Metrics

Financial Strength

SAP (SAP) at 1.16 keeps current ratio within its industry’s typical mid-range, while CoreWeave (CRWV) at 0.46 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CRWV.

SAP (SAP) at 0.23 is near its industry mid-range for debt-to-equity ratio, while CoreWeave (CRWV) at 10.27 sits above its benchmark range, pointing to a heavier debt load relative to equity.

Financial Strength Metrics

Dividends

CoreWeave (CRWV) 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.

CoreWeave (CRWV) 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.

Dividend Metrics

Valuation

An earnings multiple is available for just one side: SAP (SAP) trades at 29.07 times trailing earnings, ranked against its peers, while CoreWeave (CRWV) has no P/E ratio this period.

On P/S ratio, both CoreWeave (CRWV) at 3.37 and SAP (SAP) at 6.84 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

CoreWeave (CRWV) at 5.09 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.

Valuation Metrics