SAP SE (SAP)
Top 100 by market cap · Tech Top 100 · Information Technology · data since 1995-09-18 · last close 2026-09-09
SAP SE (SAP) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -17.2 | 0.2 | -15.0 | -1.0 | 9.1 | -15.2 | 19.1 | 20.3 | -5.3 | · | · | · |
| 2025 | 12.1 | -0.4 | -2.4 | 8.8 | 4.6 | 0.4 | -5.7 | -5.1 | -1.8 | -2.7 | -7.0 | 0.5 |
| 2024 | 12.0 | 8.5 | 3.8 | -7.1 | 1.9 | 10.6 | 4.9 | 3.8 | 4.3 | 2.0 | 1.7 | 3.6 |
| 2023 | 14.9 | -4.0 | 11.2 | 6.9 | -2.0 | 4.9 | -0.3 | 2.5 | -7.4 | 3.6 | 18.8 | -2.9 |
| 2022 | -10.6 | -10.1 | -1.4 | -9.2 | 2.0 | -9.1 | 2.7 | -8.6 | -4.7 | 18.2 | 15.4 | -6.9 |
| 2021 | -3.2 | -2.3 | -0.5 | 14.0 | 1.6 | 0.4 | 2.3 | 4.5 | -10.1 | 7.2 | -11.3 | 9.1 |
| 2020 | -2.4 | -5.5 | -10.6 | 7.3 | 9.6 | 9.3 | 13.7 | 3.9 | -5.8 | -31.4 | 13.4 | 7.6 |
| 2019 | 3.9 | 3.6 | 7.8 | 11.6 | -3.2 | 11.2 | -10.1 | -3.1 | -1.1 | 12.5 | 2.5 | -1.4 |
| 2018 | 0.8 | -7.7 | 0.6 | 5.4 | 3.3 | 2.5 | 0.3 | 3.2 | 2.7 | -12.8 | -3.3 | -4.0 |
| 2017 | 5.9 | 1.8 | 5.4 | 2.0 | 8.8 | -2.7 | 1.1 | -0.8 | 4.5 | 4.2 | -0.7 | -0.9 |
| 2016 | 0.9 | -5.6 | 6.7 | -2.2 | 4.9 | -7.5 | 16.5 | 0.7 | 3.9 | -3.9 | -5.3 | 3.9 |
| 2015 | -6.2 | 7.4 | 2.8 | 4.9 | -0.8 | -5.0 | 2.0 | -6.2 | -3.7 | 21.5 | 0.4 | 0.1 |
| 2014 | -12.3 | 5.1 | 1.3 | -0.4 | -3.8 | 0.7 | 1.9 | -0.7 | -7.4 | -5.6 | 3.2 | -0.9 |
| 2013 | 2.0 | -4.7 | 3.0 | -0.9 | -6.7 | -0.8 | 0.1 | 1.3 | 0.1 | 6.0 | 5.6 | 5.3 |
| 2012 | 14.2 | 11.8 | 3.3 | -5.1 | -11.3 | 3.6 | 6.7 | 3.6 | 8.6 | 2.2 | 7.0 | 3.1 |
| 2011 | 14.4 | 4.3 | 1.6 | 5.2 | -2.4 | -2.4 | 2.9 | -12.7 | -7.1 | 19.2 | -0.7 | -11.7 |
| 2010 | -3.2 | -1.6 | 8.1 | -1.5 | -10.6 | 6.0 | 3.5 | -5.1 | 13.3 | 4.9 | -9.3 | 7.8 |
| 2009 | -2.3 | -9.2 | 9.8 | 7.9 | 15.7 | -7.3 | 17.6 | 3.2 | 0.2 | -7.4 | 5.7 | -2.2 |
| 2008 | -6.5 | -0.6 | 4.6 | 1.3 | 10.3 | -4.6 | 10.9 | -3.0 | -4.7 | -33.9 | -3.4 | 6.1 |
| 2007 | -12.7 | -0.7 | -3.0 | 7.5 | 0.7 | 7.0 | 5.6 | 0.3 | 8.5 | -7.5 | -5.6 | -0.3 |
| 2006 | 14.0 | -0.5 | 6.3 | 0.6 | -2.9 | -0.2 | -13.1 | 4.6 | 3.7 | 0.3 | 5.2 | 1.7 |
| 2005 | -12.4 | 4.7 | -1.2 | -1.6 | 5.5 | 5.0 | -1.1 | -0.3 | 1.6 | -0.9 | 5.2 | -0.2 |
| 2004 | -0.2 | -4.5 | -0.7 | -5.2 | 9.1 | 3.5 | -4.3 | -8.9 | 6.8 | 9.5 | 4.3 | -0.7 |
| 2003 | 20.5 | -11.1 | -9.3 | 34.5 | 12.3 | 2.6 | 0.4 | 2.0 | 1.6 | 20.2 | 5.5 | 7.8 |
| 2002 | 9.8 | -2.5 | 8.9 | -12.4 | -20.6 | -5.8 | -23.0 | 2.9 | -41.6 | 70.1 | 16.3 | -12.4 |
| 2001 | 41.4 | -18.8 | -25.1 | 39.0 | -12.6 | -0.1 | 2.8 | -4.4 | -24.9 | -0.8 | 20.7 | 2.9 |
| 2000 | 25.2 | 9.4 | -16.2 | -17.8 | -12.5 | 8.8 | 19.6 | 15.1 | -4.2 | -17.1 | -34.8 | 1.3 |
| 1999 | -5.9 | -5.7 | -17.8 | 19.2 | 7.4 | 3.2 | -8.5 | 4.1 | 14.4 | -3.1 | -8.2 | 55.1 |
| 1998 | 15.3 | 12.2 | 4.0 | 21.0 | 5.5 | 24.1 | 8.6 | -31.9 | -7.0 | 8.0 | 0.6 | -14.8 |
| 1997 | -8.4 | 19.7 | 10.8 | 8.8 | 0.0 | 12.6 | 17.0 | -4.9 | 15.3 | 12.5 | 3.1 | 3.2 |
| 1996 | -3.2 | 4.5 | -6.8 | -8.8 | 3.4 | 9.9 | -4.0 | 15.6 | 2.3 | -19.8 | 2.2 | 0.0 |
| 1995 | · | · | · | · | · | · | · | · | 3.8 | -5.9 | 3.6 | -4.7 |
| Avg | 3.2 | -0.1 | -0.3 | 4.3 | 0.9 | 2.1 | 2.9 | -0.1 | -1.3 | 2.2 | 1.6 | 1.8 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
SAP seasonality — average by calendar month
SAP SE has monthly history back to 1995. Its strongest month by median is June — positive in 19 of 31 years, median +2.5%, and higher in 7 of the last 9. February is the soft spot, down in 18 of 31 with a median of -0.6%. Across its full record it has closed 57% of months higher, swings ±11% in an average month and has fallen 87.9% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +3.2% | -0.1% | -0.3% | +4.3% | +0.9% | +2.1% | +2.9% | -0.1% | -1.2% | +2.2% | +1.6% | +1.8% |
| Win rate | 52%/31 | 42%/31 | 58%/31 | 58%/31 | 58%/31 | 61%/31 | 71%/31 | 55%/31 | 55%/31 | 55%/31 | 65%/31 | 52%/31 |
Win rate = share of positive months / sample size.
SAP risk & extremes
SAP drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
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Frequently asked questions
What was SAP SE's best month?+
SAP SE's strongest completed month on record is October 2002, at +70.13%.
What was SAP SE's worst month?+
Its weakest completed month on record is September 2002, at -41.56%.
Is SAP SE up this year?+
SAP SE is down 12.41% year to date, measured from its last close before 1 January.
What is SAP SE's 1-year return?+
-21.62% over the past twelve months, comparing the latest close with the most recent close on or before the same date a year earlier.
What is SAP SE's biggest drawdown?+
The deepest peak-to-trough fall on record is 87.9%, measured on month-end closes since 1995.
Which calendar month is historically best for SAP SE?+
April has the highest average return across every completed April since 1995. An average is not a forecast.
About SAP SE
SAP SE is one of the 100 largest listed companies, an information technology business worth about $241 billion. It turns caffeine and code into shareholder value — with price receipts on this site going back to 1995. And the long game: $100 at its first close here (1995) would be about $2,310 today.
Did you know?
- Its best month on record was October 2002 at +70.13%; its worst, September 2002 at -41.56%.
- It has closed July in the green 22 out of 31 times — calendar astrology, but the fun kind.
Trivia for entertainment — the numbers come from our price data; the jokes don't.