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SAP vs. LIN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between SAP and LIN is 0.67, 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.


Performance

SAP vs. LIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SAP SE (SAP) and Linde plc (LIN). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

SAP:

1.96

LIN:

0.33

Sortino Ratio

SAP:

2.67

LIN:

0.71

Omega Ratio

SAP:

1.34

LIN:

1.09

Calmar Ratio

SAP:

2.87

LIN:

0.51

Martin Ratio

SAP:

11.80

LIN:

1.28

Ulcer Index

SAP:

4.64%

LIN:

5.93%

Daily Std Dev

SAP:

28.97%

LIN:

18.30%

Max Drawdown

SAP:

-87.91%

LIN:

-51.76%

Current Drawdown

SAP:

-3.01%

LIN:

-5.99%

Fundamentals

Market Cap

SAP:

$342.94B

LIN:

$213.08B

EPS

SAP:

$5.50

LIN:

$13.76

PE Ratio

SAP:

53.45

LIN:

32.90

PEG Ratio

SAP:

1.97

LIN:

2.51

PS Ratio

SAP:

9.86

LIN:

6.45

PB Ratio

SAP:

6.71

LIN:

5.60

Total Revenue (TTM)

SAP:

$35.15B

LIN:

$33.02B

Gross Profit (TTM)

SAP:

$25.79B

LIN:

$14.02B

EBITDA (TTM)

SAP:

$10.31B

LIN:

$12.59B

Returns By Period

In the year-to-date period, SAP achieves a 19.21% return, which is significantly higher than LIN's 8.90% return. Both investments have delivered pretty close results over the past 10 years, with SAP having a 16.27% annualized return and LIN not far behind at 16.20%.


SAP

YTD

19.21%

1M

13.26%

6M

24.44%

1Y

56.38%

5Y*

23.04%

10Y*

16.27%

LIN

YTD

8.90%

1M

2.85%

6M

0.19%

1Y

5.93%

5Y*

22.34%

10Y*

16.20%

*Annualized

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Risk-Adjusted Performance

SAP vs. LIN — Risk-Adjusted Performance Rank

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

SAP
The Risk-Adjusted Performance Rank of SAP is 9595
Overall Rank
The Sharpe Ratio Rank of SAP is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of SAP is 9393
Sortino Ratio Rank
The Omega Ratio Rank of SAP is 9292
Omega Ratio Rank
The Calmar Ratio Rank of SAP is 9797
Calmar Ratio Rank
The Martin Ratio Rank of SAP is 9696
Martin Ratio Rank

LIN
The Risk-Adjusted Performance Rank of LIN is 6363
Overall Rank
The Sharpe Ratio Rank of LIN is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of LIN is 5858
Sortino Ratio Rank
The Omega Ratio Rank of LIN is 5858
Omega Ratio Rank
The Calmar Ratio Rank of LIN is 7272
Calmar Ratio Rank
The Martin Ratio Rank of LIN is 6666
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SAP vs. LIN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SAP SE (SAP) and Linde plc (LIN). 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.


The current SAP Sharpe Ratio is 1.96, which is higher than the LIN Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of SAP and LIN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

SAP vs. LIN - Dividend Comparison

SAP's dividend yield for the trailing twelve months is around 1.68%, more than LIN's 1.25% yield.


TTM20242023202220212020201920182017201620152014
SAP
SAP SE
1.68%0.97%1.41%2.58%1.56%1.31%1.27%1.73%1.18%1.52%1.50%3.39%
LIN
Linde plc
1.25%1.33%1.24%1.43%1.22%1.46%1.64%2.11%2.04%2.56%2.79%2.01%

Drawdowns

SAP vs. LIN - Drawdown Comparison

The maximum SAP drawdown since its inception was -87.91%, which is greater than LIN's maximum drawdown of -51.76%. Use the drawdown chart below to compare losses from any high point for SAP and LIN. For additional features, visit the drawdowns tool.


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Volatility

SAP vs. LIN - Volatility Comparison

SAP SE (SAP) has a higher volatility of 10.06% compared to Linde plc (LIN) at 5.21%. This indicates that SAP's price experiences larger fluctuations and is considered to be riskier than LIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

SAP vs. LIN - Financials Comparison

This section allows you to compare key financial metrics between SAP SE and Linde plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


6.00B7.00B8.00B9.00B10.00B11.00B12.00B13.00B20212022202320242025
9.01B
8.11B
(SAP) Total Revenue
(LIN) Total Revenue
Values in USD except per share items

SAP vs. LIN - Profitability Comparison

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

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

40.0%50.0%60.0%70.0%20212022202320242025
73.3%
48.8%
(SAP) Gross Margin
(LIN) Gross Margin
SAP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, SAP SE reported a gross profit of 6.61B and revenue of 9.01B. Therefore, the gross margin over that period was 73.3%.

LIN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Linde plc reported a gross profit of 3.96B and revenue of 8.11B. Therefore, the gross margin over that period was 48.8%.

SAP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, SAP SE reported an operating income of 2.33B and revenue of 9.01B, resulting in an operating margin of 25.9%.

LIN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Linde plc reported an operating income of 2.18B and revenue of 8.11B, resulting in an operating margin of 26.9%.

SAP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, SAP SE reported a net income of 1.78B and revenue of 9.01B, resulting in a net margin of 19.8%.

LIN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Linde plc reported a net income of 1.67B and revenue of 8.11B, resulting in a net margin of 20.6%.