SAP SE and Corpay, Inc.: A Detailed Gross Profit Analysis

SAP SE vs. Corpay: A Decade of Financial Growth

__timestampCorpay, Inc.SAP SE
Wednesday, January 1, 201492979900012289000000
Thursday, January 1, 2015126353500014167000000
Friday, January 1, 2016120958100015492000000
Sunday, January 1, 2017149320100016409000000
Monday, January 1, 2018174090800017246000000
Tuesday, January 1, 2019192280400019202000000
Wednesday, January 1, 2020179249200019452000000
Friday, January 1, 2021227391700019894000000
Saturday, January 1, 2022266242200021936000000
Sunday, January 1, 2023293781100022603000000
Monday, January 1, 2024397458900025012000000
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Cracking the code

A Decade of Gross Profit Growth: SAP SE vs. Corpay, Inc.

In the ever-evolving landscape of global business, understanding the financial health of industry giants is crucial. Over the past decade, SAP SE and Corpay, Inc. have demonstrated remarkable growth in their gross profits. From 2014 to 2023, SAP SE's gross profit surged by approximately 84%, reaching a peak in 2023. Meanwhile, Corpay, Inc. exhibited an even more impressive growth rate of around 216% during the same period.

Key Insights

  • SAP SE: Starting at 12.3 billion in 2014, SAP SE's gross profit consistently climbed, reflecting its robust market position and strategic innovations.
  • Corpay, Inc.: With a starting point of 930 million in 2014, Corpay's aggressive expansion strategies have paid off, culminating in a gross profit of nearly 2.94 billion by 2023.

This analysis underscores the dynamic nature of the tech and financial sectors, highlighting the importance of strategic growth and adaptation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025