SAP (SAP) vs Snowflake (SNOW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Snowflake (SNOW) has outperformed SAP (SAP) over the past year, gaining 37.2% versus a loss of 23.4%. Over five years, SAP leads with a +45.4% price change compared with +2.9% for SNOW. SAP is the larger company by market cap ($245.15 billion vs $121.15 billion), about 2.0 times the size.
On valuation, SAP trades at a lower forward P/E (21.9x vs 114.3x for Snowflake). SAP pays a dividend yielding 1.18%, while Snowflake does not currently pay one. SAP converts more of its revenue into profit, with a net margin of 17.1% versus -28.4%.
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 | SAP | SNOW |
|---|---|---|
| Share price | $212.40 | $343.40 |
| Market cap | $245.15B | $121.15B |
| 1-day change | +1.08% | +3.17% |
| YTD return | -12.56% | +56.55% |
| 1-year return | -23.36% | +37.24% |
| 5-year return | +45.45% | +2.95% |
| P/E ratio (TTM) | 27.27 | — |
| Forward P/E | 21.93 | 114.27 |
| EPS (TTM) | $7.79 | $-3.18 |
| Dividend yield | 1.18% | 0.00% |
| Annual dividend | $2.50 | $0.00 |
| Revenue (latest FY) | $28.20B | $4.68B |
| Revenue growth (YoY) | — | +29.16% |
| Net income (latest FY) | $4.83B | $-1.33B |
| Gross margin | 69.95% | 67.17% |
| Operating margin | 20.79% | -30.64% |
| Net margin | 17.12% | -28.43% |
| 52-week high | $281.37 | $384.56 |
| 52-week low | $144.97 | $118.30 |
| Distance from 52-week high | -24.51% | -10.70% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +18.88% | +23.80% |
| Average volume | 2.58M | 4.75M |
| Shares outstanding | 1.15B | 352.80M |
| Employees | 112,019 | 9,394 |
| 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
- SAP is about 2.0 times larger than Snowflake by market value ($245.15B vs $121.15B).
- SNOW has outperformed SAP by 60.6 percentage points over the past year.
- SAP offers a meaningfully higher dividend yield (1.18% vs 0.00%).
- SAP is more profitable, keeping 17.1 cents of every revenue dollar as net income versus -28.4 cents for Snowflake.
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
About Snowflake
SNOW stock →Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally.
Technology · Computer Software: Prepackaged Software · 9,394 employees
SAP vs SNOW FAQ
Which is bigger, SAP or Snowflake?
SAP (SAP) is larger, with a market capitalization of $245.15B compared with $121.15B for Snowflake (SNOW).
Which stock has performed better over the past year, SAP or SNOW?
SNOW returned +37.24% over the past 12 months, compared with -23.36% for SAP (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, SAP or Snowflake?
SAP pays a dividend yielding 1.18%, while Snowflake does not currently pay a regular dividend.
Are SAP and Snowflake in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.