SAP SE Cash Flow Reinvestment Rate

Latest as of March 2026: 0.34x

SAP SE cash flow reinvestment rate. SAP SE (SAP) has a Cash Flow Reinvestment Rate of 0.34x as of March 2026, reinvesting €1.18 Billion (capex €238.00 Million plus investments €940.00 Million) from operating cash flow of €3.51 Billion. Explore debt repayment capacity of SAP SE to assess how comfortably operating cash covers total debt obligations.

Reinvestment Rate

0.34x
(Capex + Investments) / Operating CF

Total Reinvested

€1.18 Billion
Capex + Investments

Operating Cash Flow

€3.51 Billion
EUR

Capital Expenditures

€238.00 Million
EUR

Cash Flow Reinvestment Rate of SAP SE (2013–2025)

Cash flow reinvestment rate of SAP SE from 2013 to 2025. Historical reinvestment intensity for SAP SE across 13 annual periods. Explore SAP capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.

SAP SE Cash Flow Reinvestment Rate by Year (2013–2025)

SAP SE cash flow reinvestment rate by year from 2013 to 2025. Year-by-year capital reinvestment analysis for SAP SE. For the full cash flow conversion analysis, see SAP SE (SAP) cash conversion ratio.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 0.09x €805.00 Million €9.16 Billion €739.00 Million ▼ -76.3%
2024 0.37x €1.93 Billion €5.21 Billion €797.00 Million ▼ -44.6%
2023 0.67x €4.28 Billion €6.41 Billion €784.00 Million ▲ +37.6%
2022 0.49x €2.74 Billion €5.65 Billion €874.00 Million ▲ +56.0%
2021 0.31x €1.94 Billion €6.22 Billion €800.00 Million ▼ -14.3%
2020 0.36x €2.62 Billion €7.19 Billion €816.00 Million ▲ +35.4%
2019 0.27x €939.00 Million €3.50 Billion €817.00 Million ▼ -40.2%
2018 0.45x €1.93 Billion €4.30 Billion €1.46 Billion ▲ +38.8%
2017 0.32x €1.63 Billion €5.04 Billion €1.27 Billion ▼ -46.5%
2016 0.61x €2.80 Billion €4.63 Billion €1.00 Billion ▲ +241.2%
2015 0.18x €645.00 Million €3.64 Billion €636.00 Million ▼ -23.8%
2014 0.23x €814.00 Million €3.50 Billion €737.00 Million ▲ +31.9%
2013 0.18x €676.00 Million €3.83 Billion €566.00 Million —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow