NetApp (NTAP) FCF Payout Ratio (2013 - 2026)
NetApp (NTAP) posted FCF Payout Ratio of 0.25 for Q3 2026, up 122.26% on a QoQ basis from 0.11 in Q2 2026, and up 51.64% year-over-year from 0.17 in Q3 2025.
Analysis
NetApp (NTAP) FCF Payout Ratio (2013 - 2026) Analysis & Trends
NetApp has reported FCF Payout Ratio for 14 years, with the latest figure at 0.25 in Q3 2026.
- On a quarterly basis, FCF Payout Ratio rose 51.64% year-over-year to 0.25 in Q3 2026; TTM through Jul 2026 was 0.25, a 1.9% decrease from a year earlier, with the FY2026 full-year figure at 0.22, down 30.27% from the prior year.
- FCF Payout Ratio was 0.25 for Q3 2026 at NetApp, up from 0.11 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 0.51, with a median of 0.34 recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: FCF Payout Ratio surged 77.76% in 2022, then sank 66.08% in 2024.
- Over 5 years, FCF Payout Ratio stood at 0.79 in 2022, then surged by 34.7% to 1.06 in 2023, then soared by 66.38% to 1.77 in 2024, then fell by 25.25% to 1.32 in 2025, then tumbled by 80.74% to 0.25 in 2026.
- The last three FCF Payout Ratio figures came in at 0.25 (Q3 2026), 0.11 (Q2 2026), and 0.38 (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 340.03 Bn | 328.45 Bn | 7.78 Bn | 0.15 |
| 2 | Sandisk | 254.04 Bn | 249.28 Bn | 7.58 Bn | - |
| 3 | Arista Networks | 244.37 Bn | 231.03 Bn | 1.91 Bn | - |
| 4 | Seagate Technology Holdings | 192.61 Bn | 190.91 Bn | 1.90 Bn | 0.15 |
| 5 | Western Digital | 168.75 Bn | 167.17 Bn | 2.03 Bn | 0.04 |
| 6 | Hewlett Packard Enterprise | 69.08 Bn | 62.86 Bn | 4.93 Bn | 0.21 |
| 7 | NetApp | 36.45 Bn | 32.88 Bn | 1.42 Bn | 0.25 |
| 8 | Everpure | 33.13 Bn | 32.12 Bn | 811.39 Mn | - |
| 9 | Super Micro Computer | 26.01 Bn | 18.48 Bn | 1.94 Bn | - |
| 10 | Penguin Solutions | 2.65 Bn | 2.41 Bn | 133.21 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.25 |
| 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 |