Cloudflare (NET) vs SAP (SAP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Cloudflare (NET) has outperformed SAP (SAP) over the past year, gaining 57.8% versus a loss of 23.3%. Over five years, NET leads with a +104.5% price change compared with +43.9% for SAP. SAP is the larger company by market cap ($242.53 billion vs $122.12 billion), about 2.0 times the size.
On valuation, SAP trades at a lower forward P/E (21.7x vs 204.6x for Cloudflare). SAP pays a dividend yielding 1.19%, while Cloudflare does not currently pay one. SAP converts more of its revenue into profit, with a net margin of 17.1% versus -4.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | NET | SAP |
|---|---|---|
| Share price | $342.97 | $210.13 |
| Market cap | $122.12B | $242.53B |
| 1-day change | -3.39% | -0.16% |
| YTD return | +73.96% | -13.49% |
| 1-year return | +57.77% | -23.26% |
| 5-year return | +104.53% | +43.90% |
| P/E ratio (TTM) | — | 26.97 |
| Forward P/E | 204.62 | 21.69 |
| EPS (TTM) | $-0.58 | $7.79 |
| Dividend yield | 0.00% | 1.19% |
| Annual dividend | $0.00 | $2.50 |
| Revenue (latest FY) | $2.17B | $28.20B |
| Revenue growth (YoY) | +29.85% | — |
| Net income (latest FY) | $-102.27M | $4.83B |
| Gross margin | 74.51% | 69.95% |
| Operating margin | -9.56% | 20.79% |
| Net margin | -4.72% | 17.12% |
| 52-week high | $370.35 | $281.37 |
| 52-week low | $158.83 | $144.97 |
| Distance from 52-week high | -7.39% | -25.32% |
| Analyst consensus | buy | buy |
| Avg. price target upside | -0.95% | +20.16% |
| Average volume | 3.35M | 2.59M |
| Shares outstanding | 322.62M | 1.15B |
| Employees | 5,156 | 112,019 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NET has outperformed SAP by 81.0 percentage points over the past year.
- SAP offers a meaningfully higher dividend yield (1.19% vs 0.00%).
- SAP is more profitable, keeping 17.1 cents of every revenue dollar as net income versus -4.7 cents for Cloudflare.
About Cloudflare
NET stock →Cloudflare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide.
Technology · Computer Software: Prepackaged Software · 5,156 employees
About SAP
SAP stock →SAP SE, together with its subsidiaries, provides enterprise application and business solutions worldwide. It offers SAP Business AI; SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR, time, payroll, talent and employee experience management, and analytics and planning; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.
Technology · Computer Software: Prepackaged Software · 112,019 employees
NET vs SAP FAQ
Which is bigger, Cloudflare or SAP?
SAP (SAP) is larger, with a market capitalization of $242.53B compared with $122.12B for Cloudflare (NET).
Which stock has performed better over the past year, NET or SAP?
NET returned +57.77% over the past 12 months, compared with -23.26% for SAP (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Cloudflare or SAP?
SAP pays a dividend yielding 1.19%, while Cloudflare does not currently pay a regular dividend.
Are Cloudflare and SAP in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.