SAP
$208.57Change from previous close: −1.05%Absolute change: −$2.22
At a glance
- Revenue growth
- +7.68%
- 2025 vs 2024
- Net income growth
- +129.23%
- 2025 vs 2024
- Net margin
- 19.5%
- 2024: 9.1%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 9,156 | 5,207 | 6,246 | 5,647 | 6,223 |
| Depreciation and amortization | 1,091 | 1,052 | 1,373 | 1,569 | 1,537 |
| Capital expenditure | -739 | -797 | -785 | -877 | -701 |
| Investing cash flow | -965 | -93.0 | 1,389 | 667 | -3,063 |
| Financing cash flow | -8,745 | -3,961 | -8,131 | -6,337 | -56.0 |
| Dividends paid | -2,743 | -2,565 | -2,395 | -2,280 | -2,182 |
| Share repurchases | -1,937 | -2,106 | -949 | -1,500 | — |
| Debt issued | 2.0 | 2,767 | 13.0 | 158 | — |
| Debt repaid | -3,490 | -1,495 | -4,413 | -1,855 | — |
| Effect of exchange rates | -836 | 333 | -388 | 134 | 484 |
| Net change in cash | -1,389 | 1,485 | -884 | 110 | 3,587 |
| Free cash flow | 8,417 | 4,410 | 5,461 | 4,770 | 5,522 |
| Levered free cash flow | 8,479 | 8,546 | 5,785 | 6,572 | 6,717 |