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| Date | Value |
|---|---|
| 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 |