SAP SE (SAPA) — Cash Flow Reinvestment Rate
SAP SE (SAPA) 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 how much free cash does SAP SE generate 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 (2016–2025)
Historical reinvestment intensity for SAP SE across 10 annual periods. For the full cash flow conversion analysis, see SAP SE cash conversion from operations.
Annual Cash Flow Reinvestment Rate for SAP SE (2016–2025)
Year-by-year capital reinvestment analysis for SAP SE. See SAP SE (SAPA) flexibility index 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 | — |