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

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

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

NetApp has disclosed FCF Payout Ratio across 14 years of filings, most recently posting 0.11 for Q2 2026.

  • For the quarter ending Q2 2026, FCF Payout Ratio fell 30.24% year-over-year to 0.11; the trailing twelve-month figure through Apr 2026 stood at 0.22 (down 30.27% YoY), and the FY2026 full-year result was 0.22, down 30.27% from the prior year.
  • FCF Payout Ratio was 0.11 for Q2 2026 at NetApp, down from 0.38 in the prior quarter.
  • Over five years, FCF Payout Ratio peaked at 1.77 in Q4 2024 and troughed at 0.11 in Q2 2026.
  • The 5-year median for FCF Payout Ratio is 0.35 (2023), against an average of 0.52.
  • The sharpest annual moves came in 2022 and 2024: FCF Payout Ratio surged 157.94% in 2022, then plunged 66.08% in 2024.
  • Year by year, 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 slipped by 25.25% to 1.32 in 2025, then sank by 91.33% to 0.11 in 2026.
  • Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.11 in Q2 2026, 0.38 in Q1 2026, and 1.32 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 0.43
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn -
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 0.15
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn -
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn -
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 0.00
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn -
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn -
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn -
10 NetApp 32.80 Bn 29.21 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