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). Read SAP SE (SAPA) total liabilities for a breakdown of total debt and financial obligations.
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 capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
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 SAPA market cap overview.
| 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).