SAP SE (SAP) — Capital Reinvestment Ratio
Latest as of March 2026:
0.07x
SAP SE (SAP) has a Capital Reinvestment Ratio of 0.07x as of March 2026, meaning it reinvests 0% of its operating cash flow (€3.51 Billion) in capital expenditures (€238.00 Million). Check SAP SE tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
0.07x
Capex / Operating Cash Flow
Operating Cash Flow
€3.51 Billion
EUR
Capital Expenditures
€238.00 Million
EUR
Data as of
Mar 2026
Most recent filing
SAP SE Capital Reinvestment Ratio (2013–2025)
This chart tracks SAP SE's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see SAP SE cash flow conversion.
Annual Capital Reinvestment Ratio for SAP SE (2013–2025)
Year-by-year Capital Reinvestment Ratio for SAP SE from 2013 to 2025. See SAP cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.08x | €9.16 Billion | €739.00 Million | ▼ -47.3% |
| 2024 | 0.15x | €5.21 Billion | €797.00 Million | ▲ +25.1% |
| 2023 | 0.12x | €6.41 Billion | €784.00 Million | ▼ -21.0% |
| 2022 | 0.15x | €5.65 Billion | €874.00 Million | ▲ +20.4% |
| 2021 | 0.13x | €6.22 Billion | €800.00 Million | ▲ +13.3% |
| 2020 | 0.11x | €7.19 Billion | €816.00 Million | ▼ -51.5% |
| 2019 | 0.23x | €3.50 Billion | €817.00 Million | ▼ -31.0% |
| 2018 | 0.34x | €4.30 Billion | €1.46 Billion | ▲ +34.1% |
| 2017 | 0.25x | €5.04 Billion | €1.27 Billion | ▲ +16.8% |
| 2016 | 0.22x | €4.63 Billion | €1.00 Billion | ▲ +23.7% |
| 2015 | 0.17x | €3.64 Billion | €636.00 Million | ▼ -17.0% |
| 2014 | 0.21x | €3.50 Billion | €737.00 Million | ▲ +42.6% |
| 2013 | 0.15x | €3.83 Billion | €566.00 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow