SAP vs. PWR
SAP (SAP SE) and PWR (Quanta Services, Inc.) are both stocks. SAP operates in Software - Application (Technology), while PWR operates in Engineering & Construction (Industrials). Over the past 10 years, SAP returned 9.59%/yr vs 41.17%/yr for PWR. At a 0.35 correlation, their price movements are largely independent.
Performance
SAP vs. PWR - Performance Comparison
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Returns By Period
In the year-to-date period, SAP achieves a -31.24% return, which is significantly lower than PWR's 67.76% return. Over the past 10 years, SAP has underperformed PWR with an annualized return of 9.59%, while PWR has yielded a comparatively higher 41.17% annualized return.
SAP
- 1D
- 0.33%
- 1M
- 2.09%
- YTD
- -31.24%
- 6M
- -31.78%
- 1Y
- -44.64%
- 3Y*
- 8.04%
- 5Y*
- 4.34%
- 10Y*
- 9.59%
PWR
- 1D
- 3.58%
- 1M
- -8.53%
- YTD
- 67.76%
- 6M
- 61.62%
- 1Y
- 97.52%
- 3Y*
- 56.60%
- 5Y*
- 50.60%
- 10Y*
- 41.17%
SAP vs. PWR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SAP SAP SE | -31.24% | -0.48% | 61.27% | 52.30% | -24.64% | 9.22% | -1.28% | 36.43% | -10.04% | 31.25% |
PWR Quanta Services, Inc. | 67.76% | 33.70% | 46.60% | 51.70% | 24.63% | 59.50% | 77.74% | 35.84% | -22.93% | 12.22% |
Correlation
The correlation between SAP and PWR is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 1998 | 0.35 |
Over the past year, the correlation between SAP and PWR has dropped to 0.00 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.
Fundamentals
SAP:
$191.76B
PWR:
$107.64B
SAP:
€6.13
PWR:
$7.29
SAP:
23.16
PWR:
97.08
SAP:
0.49
PWR:
4.81
SAP:
4.46
PWR:
3.58
SAP:
3.70
PWR:
11.90
SAP:
€37.34B
PWR:
$29.99B
SAP:
€27.51B
PWR:
$4.08B
SAP:
€12.97B
PWR:
$2.40B
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Return for Risk
SAP vs. PWR — Risk / Return Rank
SAP
PWR
SAP vs. PWR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SAP SE (SAP) and Quanta Services, Inc. (PWR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SAP | PWR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.95 | ||
| Sortino ratioReturn per unit of downside risk | -5.24 | ||
| Omega ratioGain probability vs. loss probability | 0.75 | 1.44 | -0.69 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | 5.73 | -6.67 |
| Martin ratioReturn relative to average drawdown | -1.58 | 18.09 | -19.67 |
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Drawdowns
SAP vs. PWR - Drawdown Comparison
The maximum SAP drawdown since its inception was -87.91%, smaller than the maximum PWR drawdown of -97.07%. Use the drawdown chart below to compare losses from any high point for SAP and PWR.
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Drawdown Indicators
| SAP | PWR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.91% | -97.07% | +9.16% |
Max Drawdown (1Y)Largest decline over 1 year | -47.71% | -17.11% | -30.60% |
Max Drawdown (3Y)Largest decline over 3 years | -47.71% | -33.89% | -13.82% |
Max Drawdown (5Y)Largest decline over 5 years | -47.71% | -33.89% | -13.82% |
Max Drawdown (10Y)Largest decline over 10 years | -51.31% | -45.53% | -5.78% |
Current DrawdownCurrent decline from peak | -46.45% | -9.87% | -36.58% |
Average DrawdownAverage peak-to-trough decline | -28.24% | -46.84% | +18.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.29% | 5.41% | +22.88% |
Volatility
SAP vs. PWR - Volatility Comparison
SAP SE (SAP) has a higher volatility of 14.54% compared to Quanta Services, Inc. (PWR) at 13.07%. This indicates that SAP's price experiences larger fluctuations and is considered to be riskier than PWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAP | PWR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.54% | 13.07% | +1.47% |
Volatility (6M)Calculated over the trailing 6-month period | 30.61% | 30.74% | -0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.27% | 37.12% | -2.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.76% | 35.79% | -7.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.37% | 33.78% | -5.41% |
Dividends
SAP vs. PWR - Dividend Comparison
SAP's dividend yield for the trailing twelve months is around 1.78%, more than PWR's 0.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PWR Quanta Services, Inc. | 0.06% | 0.09% | 0.09% | 0.15% | 0.25% | 0.16% | 0.29% | 0.42% | 0.13% | 0.00% | 0.00% | 0.00% |
SAP SAP SE | 1.78% | 1.05% | 0.97% | 1.41% | 2.05% | 1.56% | 1.31% | 1.27% | 1.73% | 0.87% | 1.08% | 1.11% |
Financials
SAP vs. PWR - Financials Comparison
This section allows you to compare key financial metrics between SAP SE and Quanta Services, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SAP vs. PWR - Profitability Comparison
SAP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SAP SE reported a gross profit of 6.97B and revenue of 9.56B. Therefore, the gross margin over that period was 73.0%.
PWR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Quanta Services, Inc. reported a gross profit of 1.11B and revenue of 7.87B. Therefore, the gross margin over that period was 14.1%.
SAP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SAP SE reported an operating income of 2.75B and revenue of 9.56B, resulting in an operating margin of 28.8%.
PWR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Quanta Services, Inc. reported an operating income of 338.78M and revenue of 7.87B, resulting in an operating margin of 4.3%.
SAP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SAP SE reported a net income of 1.93B and revenue of 9.56B, resulting in a net margin of 20.2%.
PWR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Quanta Services, Inc. reported a net income of 220.63M and revenue of 7.87B, resulting in a net margin of 2.8%.
Frequently Asked Questions
SAP and PWR have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SAP has higher volatility (14.54%) compared to PWR (13.07%). In terms of maximum drawdown, SAP dropped -87.91% vs PWR's -97.07%.
PWR currently has the higher Sharpe Ratio (2.64 vs -1.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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