SAP SE (SAP) — 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. See SAP cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
SAP SE Cash Flow Reinvestment Rate (2013–2025)
Historical reinvestment intensity for SAP SE across 13 annual periods. For the full cash flow conversion analysis, see SAP SE operating cash flow efficiency.
Annual Cash Flow Reinvestment Rate for SAP SE (2013–2025)
Year-by-year capital reinvestment analysis for SAP SE. See SAP free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
| 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 | — |