With the rise of Chip multiprocessors (CMPs), the amount of parallel computing power will increase significantly in the near future. However, most programs are sequential in nature and have not been explicitly parallelized, so they cannot exploit these parallel resources. Automatic parallelization of sequential, non-regular codes is very hard, as illustrated by the lack of solutions after more than 30 years of research on the topic. The question remains if there is parallelism in sequential programs that can be detected automatically and if so, how much parallelism there is.In this paper, we propose a framework for extracting potential parallelism from programs. Applying this framework to sequential programs can teach us how much parallelism is present in a program, but also tells us what the most appropriate parallel construct for a program is, e.g. a pipeline, master/slave work distribution, etc.Our framework is proﬁle-based, implying that it is not safe. It builds two new graph representations of the proﬁle-data: the interprocedural data ﬂow graph and the data sharing graph. This graphs show the data-ﬂow between functions and the data structures facilitating this data-ﬂow, respectively.We apply our framework on the SPECcpu2000 bzip2 benchmark, achieving a speedup of 3.74 of the compression part and a global speedup of 2.45 on a quad processor system.