SAP SE (SAPA) — Capital Reinvestment Ratio
SAP SE (SAPA) 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 equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
SAP SE Capital Reinvestment Ratio (2016–2025)
This chart tracks SAP SE's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see SAP SE cash conversion from operations.
Annual Capital Reinvestment Ratio for SAP SE (2016–2025)
Year-by-year Capital Reinvestment Ratio for SAP SE from 2016 to 2025. See free cash flow generation of SAP SE 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 | — |