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| 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 |