SAP vs LIN

Comparison between Sap SE (SAP, Company) and Linde Plc. (LIN, Company).

SAP is from the Technology sector, while LIN is from the Basic Materials sector.

5-Year PerformanceLIN has outperformed SAP, delivering a return of +11.4% compared to +8.0%

SAP vs LIN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SAP(COMPANY)	LIN(COMPANY)
Market Cap	$229B	$227B
Max Drawdown	88.03%	32.90%
Sharpe Ratio	-0.80	0.19
5Y Beta	0.79	0.48
Industry	Software - Application	Specialty Chemicals
P/E Ratio	25.49	30.62
Forward P/E	22.99	27.03
PEG Ratio	0.97	1.73
Dividend Yield	1.50%	1.28%
5Y Dividends CAGR	26.16%	13.73%
5Y EPS CAGR	5.65%	N/A
Debt to Equity	0.00%	59.24%
Free Cash Flow Yield	4.40%	2.19%
P/S Ratio	5.96	6.39
P/B Ratio	4.37	5.72

Market Cap

Winner

SAP

$229B

LIN

$227B

Max Drawdown

SAP

88.03%

Winner

LIN

32.90%

Sharpe Ratio

SAP

-0.80

Winner

LIN

0.19

5Y Beta

SAP

0.79

Winner

LIN

0.48

Industry

SAP

Software - Application

LIN

Specialty Chemicals

P/E Ratio

Winner

SAP

25.49

LIN

30.62

Forward P/E

Winner

SAP

22.99

LIN

27.03

PEG Ratio

Winner

SAP

0.97

LIN

1.73

Dividend Yield

Winner

SAP

1.50%

LIN

1.28%

5Y Dividends CAGR

Winner

SAP

26.16%

LIN

13.73%

5Y EPS CAGR

SAP

5.65%

LIN

N/A

Debt to Equity

Winner

SAP

0.00%

LIN

59.24%

Free Cash Flow Yield

Winner

SAP

4.40%

LIN

2.19%

P/S Ratio

Winner

SAP

5.96

LIN

6.39

P/B Ratio

Winner

SAP

4.37

LIN

5.72

SAP vs LIN - Historical Returns

Returns include dividend reinvestment.

Period	SAP	LIN
1 month	+24.28%	-9.33%
3 months	+15.21%	-2.04%
6 months	-0.24%	+10.05%
1 year	-30.48%	+5.34%
5 years(CAGR)	+8.03%	+11.38%
10 years(CAGR)	+10.34%	N/A
Max(CAGR)	+7.80%	+16.26%

Winner

SAP

+24.28%

LIN

-9.33%

Winner

SAP

+15.21%

LIN

-2.04%

SAP

-0.24%

Winner

LIN

+10.05%

SAP

-30.48%

Winner

LIN

+5.34%

5Y(CAGR)

SAP

+8.03%

Winner

LIN

+11.38%

10Y(CAGR)

SAP

+10.34%

LIN

N/A

Max(CAGR)

SAP

+7.80%

Winner

LIN

+16.26%

SAP vs LIN - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SAP	LIN
2026	-14.38%	+14.96%
2025	+0.79%	+4.33%
2024	+65.96%	+3.46%
2023	+51.14%	+30.80%
2022	-25.40%	-2.20%
2021	+10.17%	+35.80%
2020	-3.29%	+27.19%
2019	+36.87%	+38.03%
2018	-10.07%	-7.11%
2017	+31.45%	N/A
2016	+13.39%	N/A
2015	+14.25%	N/A
2014	-16.88%	N/A
2013	+6.90%	N/A
2012	+50.24%	N/A
2011	+5.38%	N/A
2010	+8.49%	N/A
2009	+29.46%	N/A
2008	-27.81%	N/A
2007	-3.05%	N/A
2006	+16.31%	N/A
2005	+3.03%	N/A
2004	+5.01%	N/A
2003	+97.40%	N/A
2002	-39.64%	N/A
2001	+5.59%	N/A
2000	-34.07%	N/A
1999	+43.38%	N/A

SAP vs LIN Drawdown Comparison

The maximum drawdown for SAP was -87.91%, occurring on Oct 7, 2002. Recovery took 3195 trading sessions.

The maximum drawdown for LIN was -32.57%, occurring on Mar 23, 2020. Recovery took 96 trading sessions.

The current SAP drawdown is -34.97%. The current LIN drawdown is -10.34%.

Rank	SAP	LIN
#1	-87.91% Mar 10, 2000 - Nov 21, 2012	-32.57% Feb 18, 2020 - Jul 6, 2020
#2	-52.28% Jul 9, 2025 - Jul 23, 2026	-22.82% Dec 31, 2021 - Nov 23, 2022
#3	-51.38% Sep 2, 2020 - Dec 1, 2023	-19.19% Sep 11, 2025 - Feb 17, 2026
#4	-32.85% Jul 3, 2019 - Jun 22, 2020	-16.65% Sep 2, 2020 - Nov 10, 2020
#5	-26.09% Dec 31, 2013 - Jul 21, 2016	-14.86% Oct 18, 2024 - Aug 20, 2025
#6	-24.97% Sep 25, 2018 - Apr 24, 2019	-12.49% Jul 2, 2026 - Jul 31, 2026
#7	-19.12% Feb 13, 2025 - May 2, 2025	-11.91% Oct 2, 2018 - Feb 15, 2019
#8	-16.50% Dec 13, 1999 - Jan 7, 2000	-11.64% Mar 13, 2024 - Aug 30, 2024
#9	-16.02% Mar 15, 2013 - Dec 20, 2013	-11.00% Nov 25, 2022 - Feb 24, 2023
#10	-13.28% Nov 16, 1999 - Dec 6, 1999	-10.91% Jul 23, 2019 - Nov 13, 2019
#11	-12.67% Nov 24, 2017 - May 10, 2018	-10.53% Jan 6, 2021 - Mar 16, 2021
#12	-11.64% Sep 22, 2016 - Feb 3, 2017	-8.45% Mar 3, 2023 - Apr 13, 2023
#13	-10.82% Mar 27, 2024 - May 20, 2024	-7.05% Sep 7, 2021 - Oct 25, 2021
#14	-7.74% May 24, 2024 - Jun 12, 2024	-6.52% Sep 14, 2023 - Nov 3, 2023
#15	-7.46% Jul 18, 2018 - Aug 27, 2018	-6.37% Jun 1, 2021 - Jul 30, 2021

Correlation

Correlation between SAP and LIN is 0.77 which considered as a strong positive correlation - the stocks tend to move together.

0.77

-101

Dividend Comparison (2000 - 2026)

SAP vs LIN dividend yield comparison.

Year	SAP	LIN
2026	1.47%	0.65%
2025	1.05%	1.41%
2024	0.97%	1.33%
2023	1.41%	1.24%
2022	2.05%	1.43%
2021	1.56%	1.22%
2020	1.31%	1.46%
2019	1.27%	1.64%
2018	1.73%	0.53%
2017	0.87%	0.00%
2016	1.08%	0.00%
2015	1.11%	0.00%
2014	1.42%	0.00%
2013	0.92%	0.00%
2012	1.27%	0.00%
2011	2.26%	0.00%
2010	0.83%	0.00%
2009	1.07%	0.00%
2008	1.68%	0.00%
2007	0.96%	0.00%
2006	0.68%	0.00%
2005	0.61%	0.00%
2004	0.42%	0.00%
2003	0.33%	0.00%
2002	0.53%	0.00%
2001	0.30%	0.00%
2000	0.65%	0.00%