SAP SE SAP NYSE

SAP SE (SAP) generated $8.65B in operating cash flow for fiscal year 2025. After capital expenditures of $709.83M, free cash flow was $7.94B.

Free cash flow margin was 21.6% of revenue. Cash conversion ratio was 1.23x, indicating earnings are backed by cash.

The company returned $2.63B in dividends and $1.86B in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (67/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (90/100, Pass) — $7.94B (21.6% FCF margin) supports a durable competitive advantage
• INCOME (70/100) — Cash conversion ratio was 1.23x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 77/100 with 6/7 criteria passed.