NetApp (NTAP) FCF Payout Ratio (2013 - 2026)

NetApp (NTAP) posted quarterly FCF Payout Ratio of 0.11 for Q2 2026, down 30.24% year-over-year from 0.16 in Q2 2025, and down 69.89% on a QoQ basis from 0.38 in Q1 2026.

NetApp (NTAP) FCF Payout Ratio (2013 - 2026) Analysis & Trends

NetApp (NTAP) has reported FCF Payout Ratio for 14 consecutive years, with 0.11 the latest figure, recorded in Q2 2026.

  • In Q2 2026, FCF Payout Ratio fell 30.24% year-over-year to 0.11; the TTM figure through Apr 2026 stood at 0.22 (down 30.27% YoY), while the FY2026 annual figure was 0.22, down 30.27% from the prior year.
  • FCF Payout Ratio came in at 0.11 for Q2 2026 at NetApp, down from 0.38 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 1.77 in Q4 2024, with the low at 0.11 in Q2 2026.
  • Average FCF Payout Ratio over 5 years is 0.52, with a median of 0.35 recorded in 2023.
  • Across the five-year window, FCF Payout Ratio soared 157.94% in 2022 and tumbled 66.08% in 2024, its largest moves.
  • Year by year, FCF Payout Ratio stood at 0.79 in 2022, then jumped by 34.7% to 1.06 in 2023, then surged by 66.38% to 1.77 in 2024, then decreased by 25.25% to 1.32 in 2025, then slumped by 91.33% to 0.11 in 2026.
  • According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.11, 0.38, and 1.32 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 0.43
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 0.11
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 0.00
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn -
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn -
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -
10 NetApp 31.12 Bn 27.54 Bn 1.37 Bn 0.11

Historic Data

Download Data
DateValue
Apr 24, 2026 0.11
Jan 23, 2026 0.38
Oct 24, 2025 1.32
Jul 25, 2025 0.17
Apr 25, 2025 0.16
Jan 24, 2025 0.31
Oct 25, 2024 1.77
Jul 26, 2024 0.36
Apr 26, 2024 0.18
Jan 26, 2024 0.23
Oct 27, 2023 1.06
Jul 28, 2023 0.25
Apr 28, 2023 0.54
Jan 27, 2023 0.34
Oct 28, 2022 0.79
Jul 29, 2022 0.51
Apr 29, 2022 0.32
Jan 28, 2022 0.56
Oct 29, 2021 0.44
Jul 30, 2021 0.59