SAP vs. ADP

Last updated Apr 1, 2026

Compare and contrast key facts about SAP SE (SAP) and Automatic Data Processing, Inc. (ADP).

Performance

SAP vs. ADP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SAP SE (SAP) and Automatic Data Processing, Inc. (ADP). The values are adjusted to include any dividend payments, if applicable.

SAP vs. ADP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SAP SAP SE	-29.52%	-0.48%	61.27%	52.30%	-24.64%	9.22%	-1.28%	36.43%	-10.04%	31.25%
ADP Automatic Data Processing, Inc.	-20.36%	-10.18%	28.41%	-0.25%	-1.29%	42.60%	5.86%	32.71%	14.25%	16.54%

Fundamentals

Market Cap SAP : $200.66B ADP : $82.23B
EPS SAP : $6.22 ADP : $10.42
PE Ratio SAP : 27.53 ADP : 19.50
PEG Ratio SAP : 0.59 ADP : 1.47
PS Ratio SAP : 5.69 ADP : 3.89
PB Ratio SAP : 4.49 ADP : 12.86
Total Revenue (TTM) SAP : $35.35B ADP : $21.21B
Gross Profit (TTM) SAP : $25.97B ADP : $10.26B
EBITDA (TTM) SAP : $12.65B ADP : $6.46B

Returns By Period

In the year-to-date period, SAP achieves a -29.52% return, which is significantly lower than ADP's -20.36% return. Over the past 10 years, SAP has underperformed ADP with an annualized return of 9.48%, while ADP has yielded a comparatively higher 10.83% annualized return.

SAP

• 1D: 1.74%
• 1M: -15.04%
• YTD: -29.52%
• 6M: -35.93%
• 1Y: -35.66%
• 3Y*: 12.00%
• 5Y*: 8.02%
• 10Y*: 9.48%

ADP

• 1D: -1.11%
• 1M: -4.43%
• YTD: -20.36%
• 6M: -29.75%
• 1Y: -31.83%
• 3Y*: -0.75%
• 5Y*: 3.61%
• 10Y*: 10.83%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SAP vs. ADP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SAP

SAP Risk / Return Rank: 7
SAP Sharpe Ratio Rank: 3
SAP Sortino Ratio Rank: 6
SAP Omega Ratio Rank: 6
SAP Calmar Ratio Rank: 16
SAP Martin Ratio Rank: 5

ADP

ADP Risk / Return Rank: 4
ADP Sharpe Ratio Rank: 1
ADP Sortino Ratio Rank: 2
ADP Omega Ratio Rank: 3
ADP Calmar Ratio Rank: 11
ADP Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SAP vs. ADP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SAP SE (SAP) and Automatic Data Processing, Inc. (ADP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SAP	ADP	Difference
Sharpe ratio Return per unit of total volatility	-1.09	-1.42	+0.33
Sortino ratio Return per unit of downside risk	-1.48	-1.98	+0.49
Omega ratio Gain probability vs. loss probability	0.80	0.75	+0.05
Calmar ratio Return relative to maximum drawdown	-0.75	-0.83	+0.08
Martin ratio Return relative to average drawdown	-1.74	-1.75	0.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SAP vs. ADP - Sharpe Ratio Comparison

The current SAP Sharpe Ratio is -1.09, which is comparable to the ADP Sharpe Ratio of -1.42. The chart below compares the historical Sharpe Ratios of SAP and ADP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SAP	ADP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.09	-1.42	+0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.17	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.34	0.45	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.53	-0.39

Correlation

The correlation between SAP and ADP is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SAP vs. ADP - Dividend Comparison

SAP's dividend yield for the trailing twelve months is around 1.48%, less than ADP's 3.19% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SAP SAP SE	1.48%	1.05%	0.97%	1.41%	2.05%	1.56%	1.31%	1.27%	1.73%	0.87%	1.08%	1.11%
ADP Automatic Data Processing, Inc.	3.19%	2.46%	1.96%	2.21%	1.83%	1.55%	2.08%	1.92%	2.14%	2.00%	2.10%	2.36%

Drawdowns

SAP vs. ADP - Drawdown Comparison

The maximum SAP drawdown since its inception was -87.91%, which is greater than ADP's maximum drawdown of -59.51%. Use the drawdown chart below to compare losses from any high point for SAP and ADP.

Drawdown Indicators

	SAP	ADP	Difference
Max Drawdown Largest peak-to-trough decline	-87.91%	-59.51%	-28.40%
Max Drawdown (1Y) Largest decline over 1 year	-47.42%	-36.87%	-10.55%
Max Drawdown (5Y) Largest decline over 5 years	-47.42%	-36.87%	-10.55%
Max Drawdown (10Y) Largest decline over 10 years	-51.31%	-39.45%	-11.86%
Current Drawdown Current decline from peak	-45.11%	-36.27%	-8.84%
Average Drawdown Average peak-to-trough decline	-28.13%	-12.50%	-15.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.38%	17.59%	+2.79%

Volatility

SAP vs. ADP - Volatility Comparison

SAP SE (SAP) has a higher volatility of 9.33% compared to Automatic Data Processing, Inc. (ADP) at 7.22%. This indicates that SAP's price experiences larger fluctuations and is considered to be riskier than ADP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAP	ADP	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.33%	7.22%	+2.11%
Volatility (6M) Calculated over the trailing 6-month period	25.59%	16.74%	+8.85%
Volatility (1Y) Calculated over the trailing 1-year period	32.74%	22.58%	+10.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.86%	21.39%	+6.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.81%	24.11%	+3.70%

Financials

SAP vs. ADP - Profitability Comparison

The chart below illustrates the profitability comparison between SAP SE and Automatic Data Processing, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SAP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, SAP SE reported a gross profit of 6.08B and revenue of 8.23B. Therefore, the gross margin over that period was 73.8%.

ADP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Automatic Data Processing, Inc. reported a gross profit of 2.47B and revenue of 5.36B. Therefore, the gross margin over that period was 46.1%.

SAP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, SAP SE reported an operating income of 2.61B and revenue of 8.23B, resulting in an operating margin of 31.7%.

ADP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Automatic Data Processing, Inc. reported an operating income of 1.28B and revenue of 5.36B, resulting in an operating margin of 23.8%.

SAP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, SAP SE reported a net income of 1.83B and revenue of 8.23B, resulting in a net margin of 22.2%.

ADP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Automatic Data Processing, Inc. reported a net income of 1.06B and revenue of 5.36B, resulting in a net margin of 19.8%.