NetApp Inc (NTAP) — 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). Check NTAP tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
NetApp Inc Capital Reinvestment Ratio (1996–2025)
This chart tracks NetApp Inc's Capital Reinvestment Ratio across 30 annual periods. For the full cash flow conversion analysis, see NetApp Inc cash conversion from operations.
Annual Capital Reinvestment Ratio for NetApp Inc (1996–2025)
Year-by-year Capital Reinvestment Ratio for NetApp Inc from 1996 to 2025. See NetApp Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |