SAP SE (SAPA) — Free Cash Flow Generation Index

Latest as of March 2026: 0.93x

SAP SE (SAPA) has a Free Cash Flow Generation Index of 0.93x as of March 2026. Free cash flow of €3.27 Billion represents 1% of operating cash flow (€3.51 Billion). See working capital to net assets of SAP SE to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.93x
Free Cash Flow / Operating CF

Free Cash Flow

€3.27 Billion
EUR

Operating Cash Flow

€3.51 Billion
EUR

Capital Expenditures

€238.00 Million
EUR

SAP SE Free Cash Flow Generation Index (2016–2025)

Historical FCF Generation Index trend for SAP SE across 10 annual periods. Explore SAPA cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for SAP SE (2016–2025)

Year-by-year Free Cash Flow Generation Index for SAP SE. For the full company profile including market capitalisation, see market value of SAP SE.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2025 0.92x €8.42 Billion €9.16 Billion €739.00 Million ▲ +8.5%
2024 0.85x €4.41 Billion €5.21 Billion €797.00 Million ▼ -3.5%
2023 0.88x €5.62 Billion €6.41 Billion €784.00 Million ▲ +3.9%
2022 0.85x €4.77 Billion €5.65 Billion €874.00 Million ▼ -3.0%
2021 0.87x €5.42 Billion €6.22 Billion €800.00 Million ▼ -1.7%
2020 0.89x €6.38 Billion €7.19 Billion €816.00 Million ▲ +15.7%
2019 0.77x €2.68 Billion €3.50 Billion €817.00 Million ▲ +15.9%
2018 0.66x €2.85 Billion €4.30 Billion €1.46 Billion ▼ -11.5%
2017 0.75x €3.77 Billion €5.04 Billion €1.27 Billion ▼ -38.6%
2016 1.22x €5.63 Billion €4.63 Billion €1.00 Billion
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).