NetApp Inc Capital Reinvestment Ratio
NetApp Inc capital reinvestment ratio. NetApp Inc (NTAP) has a Capital Reinvestment Ratio of 0.39x as of October 2025, meaning it reinvests 0% of its operating cash flow ($127.00 Million) in capital expenditures ($49.00 Million). See NTAP cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of NetApp Inc (1996–2025)
Capital reinvestment ratio of NetApp Inc from 1996 to 2025. This chart tracks NetApp Inc's Capital Reinvestment Ratio across 30 annual periods. See how financially flexible is NetApp Inc to measure the company's free cash flow as a share of total liabilities.
NetApp Inc Capital Reinvestment Ratio by Year (1996–2025)
NetApp Inc capital reinvestment ratio by year from 1996 to 2025. For the full cash flow conversion analysis, see NTAP operating cash flow.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.11x | $1.51 Billion | $168.00 Million | ▲ +21.3% |
| 2024 | 0.09x | $1.69 Billion | $155.00 Million | ▼ -57.4% |
| 2023 | 0.22x | $1.11 Billion | $239.00 Million | ▲ +15.7% |
| 2022 | 0.19x | $1.21 Billion | $226.00 Million | ▲ +53.6% |
| 2021 | 0.12x | $1.33 Billion | $162.00 Million | ▲ +3.9% |
| 2020 | 0.12x | $1.06 Billion | $124.00 Million | ▼ -9.3% |
| 2019 | 0.13x | $1.34 Billion | $173.00 Million | ▲ +31.5% |
| 2018 | 0.10x | $1.48 Billion | $145.00 Million | ▼ -44.7% |
| 2017 | 0.18x | $986.00 Million | $175.00 Million | ▲ +8.0% |
| 2016 | 0.16x | $974.00 Million | $160.00 Million | ▲ +18.8% |
| 2015 | 0.14x | $1.27 Billion | $175.30 Million | ▼ -15.7% |
| 2014 | 0.16x | $1.35 Billion | $221.40 Million | ▼ -25.0% |
| 2013 | 0.22x | $1.39 Billion | $303.30 Million | ▼ -21.4% |
| 2012 | 0.28x | $1.46 Billion | $407.10 Million | ▲ +68.3% |
| 2011 | 0.17x | $1.35 Billion | $222.70 Million | ▲ +18.9% |
| 2010 | 0.14x | $975.00 Million | $135.60 Million | ▼ -57.3% |
| 2009 | 0.33x | $889.23 Million | $289.66 Million | ▲ +74.5% |
| 2008 | 0.19x | $1.01 Billion | $188.28 Million | ▼ -2.7% |
| 2007 | 0.19x | $864.46 Million | $165.83 Million | ▼ -20.0% |
| 2006 | 0.24x | $554.28 Million | $132.91 Million | ▲ +18.4% |
| 2005 | 0.20x | $462.12 Million | $93.57 Million | ▲ +29.5% |
| 2004 | 0.16x | $310.89 Million | $48.60 Million | ▼ -50.2% |
| 2003 | 0.31x | $195.25 Million | $61.27 Million | ▼ -84.1% |
| 2002 | 1.98x | $143.89 Million | $284.24 Million | ▲ +415.4% |
| 2001 | 0.38x | $218.35 Million | $83.69 Million | ▲ +10.9% |
| 2000 | 0.35x | $118.08 Million | $40.82 Million | ▲ +2.6% |
| 1999 | 0.34x | $45.95 Million | $15.47 Million | ▼ -4.0% |
| 1998 | 0.35x | $22.73 Million | $7.97 Million | ▼ -69.1% |
| 1997 | 1.14x | $6.27 Million | $7.12 Million | ▼ -7.0% |
| 1996 | 1.22x | $3.50 Million | $4.28 Million | — |