SAP
SAP SE
Stock
$208.57−2.22 (−1.05%)Close Oct 2, 2026
Cash flow statement
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | €9.2B | €5.2B | €6.2B | €5.6B | €6.2B | €7.2B | €3.5B | €4.3B | €5.0B | €4.6B | €3.6B |
| Capital expenditures | €739M | €797M | €785M | €877M | €701M | €816M | €817M | €1.5B | €1.3B | €1.0B | €636M |
| Free cash flow | €8.4B | €4.4B | €5.5B | €4.8B | €5.5B | €6.4B | €2.7B | €2.8B | €3.8B | €3.6B | €3.0B |
| Stock-based compensation | €1.7B | €2.4B | €2.2B | €1.4B | €1.3B | €1.1B | €1.8B | €830M | €1.1B | — | — |
| Buybacks | €1.9B | €2.1B | €949M | €1.5B | €0 | €1.5B | €0 | €0 | €500M | €0 | €0 |
| Dividends paid | €2.7B | €2.6B | €2.4B | €2.9B | €2.3B | €1.9B | €1.8B | €1.7B | €1.5B | €1.4B | €1.3B |
| Dividends per share | €2.35 | €2.20 | €2.05 | €2.45 | €1.85 | €1.58 | €1.50 | €1.40 | €1.25 | €1.15 | — |
| Free cash flow margin | 22.9% | 12.9% | 17.5% | 16.2% | 20.5% | 23.3% | 9.7% | 11.5% | 16.1% | 16.4% | 14.4% |