SAP SE (SAP) — Financial Flexibility Index

Latest as of March 2026: 0.13x

SAP SE (SAP) has a Financial Flexibility Index of 0.13x as of March 2026. Free cash flow of €3.75 Billion (operating CF €3.51 Billion minus capex €238.00 Million) represents 0% of total liabilities (€28.10 Billion). Check how aggressively does SAP SE reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.13x
Free Cash Flow / Total Liabilities

Free Cash Flow

€3.75 Billion
Operating CF − Capex

Total Liabilities

€28.10 Billion
EUR

Capital Expenditures

€238.00 Million
EUR

SAP SE Financial Flexibility Index (2013–2025)

Historical Financial Flexibility Index trend for SAP SE across 13 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of SAP SE.

Annual Financial Flexibility Index for SAP SE (2013–2025)

Year-by-year free cash flow to debt coverage for SAP SE. Explore SAP debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.39x €9.89 Billion €9.16 Billion €25.29 Billion ▲ +84.5%
2024 0.21x €6.00 Billion €5.21 Billion €28.31 Billion ▼ -26.5%
2023 0.29x €7.19 Billion €6.41 Billion €24.93 Billion ▲ +29.7%
2022 0.22x €6.52 Billion €5.65 Billion €29.31 Billion ▼ -6.1%
2021 0.24x €7.02 Billion €6.22 Billion €29.65 Billion ▼ -15.6%
2020 0.28x €8.01 Billion €7.19 Billion €28.55 Billion ▲ +91.2%
2019 0.15x €4.31 Billion €3.50 Billion €29.39 Billion ▼ -42.4%
2018 0.25x €5.76 Billion €4.30 Billion €22.61 Billion ▼ -31.6%
2017 0.37x €6.32 Billion €5.04 Billion €16.96 Billion ▲ +18.4%
2016 0.31x €5.63 Billion €4.63 Billion €17.88 Billion ▲ +33.3%
2015 0.24x €4.27 Billion €3.64 Billion €18.09 Billion ▲ +6.1%
2014 0.22x €4.24 Billion €3.50 Billion €19.03 Billion ▼ -44.1%
2013 0.40x €4.40 Billion €3.83 Billion €11.04 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities