EBITDA Performance Review: SAP SE vs International Business Machines Corporation

A Decade of EBITDA: SAP SE vs. IBM

In the ever-evolving landscape of global technology giants, SAP SE and International Business Machines Corporation (IBM) have long been at the forefront. This chart offers a fascinating glimpse into their EBITDA performance from 2014 to 2023. Over this period, IBM's EBITDA has shown a significant decline, dropping from a peak of approximately 24.6 billion in 2014 to around 6 billion in 2024, marking a decrease of nearly 76%. In contrast, SAP SE has demonstrated a more stable trajectory, with EBITDA figures fluctuating between 5.8 billion and 8.3 billion, reflecting a more consistent performance.

The data reveals a pivotal moment in 2020 when SAP SE's EBITDA surpassed IBM's for the first time, highlighting SAP's resilience amidst industry challenges. As we look to the future, the absence of SAP's 2024 data leaves room for speculation on its continued growth trajectory.