Professional EBITDA Benchmarking: SAP SE vs Nokia Oyj

A Decade of EBITDA: SAP SE vs. Nokia Oyj

In the ever-evolving landscape of global technology giants, SAP SE and Nokia Oyj have been pivotal players. Over the past decade, from 2014 to 2023, these companies have showcased distinct financial trajectories in terms of EBITDA, a key indicator of operational profitability.

SAP SE consistently outperformed Nokia Oyj, with an average EBITDA nearly three times higher. Notably, SAP's EBITDA peaked in 2020, reaching approximately 8.3 billion, marking a 43% increase from 2014. Meanwhile, Nokia's EBITDA saw a significant rise in 2022, achieving a 110% growth from its 2016 low.

This financial journey highlights SAP's steady growth and Nokia's resilience in bouncing back from challenges. As the tech industry continues to innovate, these insights provide a glimpse into the strategic maneuvers of these industry leaders.