SAP SE (SAP) - Cash Flow Conversion Efficiency
Based on the latest financial reports, SAP SE (SAP) has a cash flow conversion efficiency ratio of 0.077x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€3.51 Billion ≈ $4.11 Billion USD) by net assets (€45.37 Billion ≈ $53.04 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See SAP cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
SAP SE - Cash Flow Conversion Efficiency Trend (2013–2025)
This chart illustrates how SAP SE's cash flow conversion efficiency has evolved over time, based on yearly financial data.
SAP SE Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of SAP SE ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
The TJX Companies Inc
NYSE:TJX
|
0.304x |
|
Arista Networks
NYSE:ANET
|
0.126x |
|
Walt Disney Company
NYSE:DIS
|
0.060x |
|
Corning Incorporated
NYSE:GLW
|
0.029x |
|
Hermes International SCA
PA:RMS
|
0.163x |
|
Banco Santander SA ADR
NYSE:SAN
|
-0.092x |
|
Verizon Communications Inc.
F:BAC
|
0.076x |
|
Reliance Industries Limited
F:RLI
|
N/A |
Annual Cash Flow Conversion Efficiency for SAP SE (2013–2025)
The table below shows the annual cash flow conversion efficiency of SAP SE from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see SAP SE (SAP) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | €45.07 Billion ≈ $52.70 Billion |
€9.16 Billion ≈ $10.70 Billion |
0.203x | +78.70% |
| 2024-12-31 | €45.81 Billion ≈ $53.55 Billion |
€5.21 Billion ≈ $6.09 Billion |
0.114x | -23.02% |
| 2023-12-31 | €43.41 Billion ≈ $50.75 Billion |
€6.41 Billion ≈ $7.49 Billion |
0.148x | +12.05% |
| 2022-12-31 | €42.85 Billion ≈ $50.10 Billion |
€5.65 Billion ≈ $6.60 Billion |
0.132x | -12.07% |
| 2021-12-31 | €41.52 Billion ≈ $48.54 Billion |
€6.22 Billion ≈ $7.28 Billion |
0.150x | -37.66% |
| 2020-12-31 | €29.92 Billion ≈ $34.98 Billion |
€7.19 Billion ≈ $8.41 Billion |
0.240x | +111.95% |
| 2019-12-31 | €30.82 Billion ≈ $36.03 Billion |
€3.50 Billion ≈ $4.09 Billion |
0.113x | -23.88% |
| 2018-12-31 | €28.88 Billion ≈ $33.76 Billion |
€4.30 Billion ≈ $5.03 Billion |
0.149x | -24.56% |
| 2017-12-31 | €25.54 Billion ≈ $29.86 Billion |
€5.04 Billion ≈ $5.90 Billion |
0.198x | +12.67% |
| 2016-12-31 | €26.40 Billion ≈ $30.86 Billion |
€4.63 Billion ≈ $5.41 Billion |
0.175x | +12.26% |
| 2015-12-31 | €23.30 Billion ≈ $27.23 Billion |
€3.64 Billion ≈ $4.25 Billion |
0.156x | -12.82% |
| 2014-12-31 | €19.53 Billion ≈ $22.84 Billion |
€3.50 Billion ≈ $4.09 Billion |
0.179x | -24.98% |
| 2013-12-31 | €16.05 Billion ≈ $18.76 Billion |
€3.83 Billion ≈ $4.48 Billion |
0.239x | -- |
About SAP SE
SAP SE, together with its subsidiaries, provides enterprise application and business solutions worldwide. It offers SAP Business AI; SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR, time, payroll, tale… Read more