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% quarter-over-quarter from 0.38 in Q1 2026.
NetApp (NTAP) FCF Payout Ratio (2013 - 2026) Analysis & Trends
NetApp's FCF Payout Ratio history runs 14 years deep, the most recent figure standing at 0.11 for 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 for Q2 2026 stood at 0.11, 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.
- 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 jumped 121.85% in 2022, then sank 66.08% in 2024.
- NetApp's FCF Payout Ratio stood at 0.79 in 2022, then soared by 34.7% to 1.06 in 2023, then jumped by 66.38% to 1.77 in 2024, then dropped by 25.25% to 1.32 in 2025, then plunged by 91.33% to 0.11 in 2026.
- Business Quant data shows NTAP's FCF Payout Ratio at 0.11 in Q2 2026, 0.38 in Q1 2026, and 1.32 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 0.34 |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | -0.80 |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | - |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | - |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | - |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | - |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | - |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | - |
| 10 | NetApp | 40.59 Bn | 37.00 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 |