SAP (SAP) FCF conversion US GAAP (year values)

FY2021 FY2022 FY2023 FY2024 FY2025   LTM ? 5 years average
FCF conversion, % 50.3% 57.6% 69.1% 62.5% 65.7%   65.3%  
Changes by years, y/y, % -18pp +7pp +11pp -7pp +3pp     +61%

SAP. FCF conversion, %

SAP. FCF conversion, changes, pp

SAP (SAP) FCF conversion US GAAP (quarter values)

FY2025Q3 FY2025Q4 FY2026Q1 FY2026Q2 FY2026Q2   LTM ?
FCF conversion, % 38.4% 43.6% 97.9% 83.3% 83.3%   65.3%
Changes by years, y/y, % -10pp +72pp -19pp +6pp +6pp    
Changes by quarters, q/q, % -39pp +5pp +54pp -15pp +0pp    

SAP. FCF conversion, %

SAP. FCF conversion, changes, pp

SAP. FCF conversion, changes, pp