NetApp Inc Cash Flow Quality Index

Latest as of October 2025: 0.42x

NetApp Inc cash flow quality index. NetApp Inc (NTAP) has a Cash Flow Quality Index of 0.42x as of October 2025. Operating cash flow of $127.00 Million is below net income of $305.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore NetApp Inc cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.42x
Operating CF / Net Income

Operating Cash Flow

$127.00 Million
USD

Net Income

$305.00 Million
USD

Data as of

Oct 2025
Most recent filing

Cash Flow Quality Index of NetApp Inc (1996–2025)

Cash flow quality index of NetApp Inc from 1996 to 2025. Historical Cash Flow Quality Index for NetApp Inc across 30 annual periods. Values consistently above 1.0x indicate high-quality earnings. See NTAP equity to assets ratio to measure how much of total assets are equity-financed.

NetApp Inc Cash Flow Quality Index by Year (1996–2025)

NetApp Inc cash flow quality index by year from 1996 to 2025. Year-by-year earnings quality comparison for NetApp Inc. For the full cash flow conversion analysis, see NTAP cash flow metrics.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.27x $1.51 Billion $1.19 Billion ▼ -25.7%
2024 1.71x $1.69 Billion $986.00 Million ▲ +96.7%
2023 0.87x $1.11 Billion $1.27 Billion ▼ -32.8%
2022 1.29x $1.21 Billion $937.00 Million ▼ -29.2%
2021 1.83x $1.33 Billion $730.00 Million ▲ +41.1%
2020 1.29x $1.06 Billion $819.00 Million ▲ +12.8%
2019 1.15x $1.34 Billion $1.17 Billion ▼ -94.1%
2018 19.45x $1.48 Billion $76.00 Million ▲ +903.9%
2017 1.94x $986.00 Million $509.00 Million ▼ -54.5%
2016 4.25x $974.00 Million $229.00 Million ▲ +87.8%
2015 2.26x $1.27 Billion $559.90 Million ▲ +7.0%
2014 2.12x $1.35 Billion $637.50 Million ▼ -22.8%
2013 2.74x $1.39 Billion $505.30 Million ▲ +13.6%
2012 2.42x $1.46 Billion $605.40 Million ▲ +20.8%
2011 2.00x $1.35 Billion $673.10 Million ▼ -17.9%
2010 2.44x $975.00 Million $400.40 Million ▼ -76.3%
2009 10.27x $889.23 Million $86.55 Million ▲ +215.4%
2008 3.26x $1.01 Billion $309.74 Million ▲ +12.2%
2007 2.90x $864.46 Million $297.74 Million ▲ +39.6%
2006 2.08x $554.28 Million $266.45 Million ▲ +1.6%
2005 2.05x $462.12 Million $225.75 Million ▲ +0.1%
2004 2.04x $310.89 Million $152.09 Million ▼ -19.9%
2003 2.55x $195.25 Million $76.47 Million ▼ -94.6%
2002 47.44x $143.89 Million $3.03 Million ▲ +1527.1%
2001 2.92x $218.35 Million $74.89 Million ▲ +82.2%
2000 1.60x $118.08 Million $73.79 Million ▲ +24.0%
1999 1.29x $45.95 Million $35.61 Million ▲ +19.0%
1998 1.08x $22.73 Million $20.96 Million ▼ -95.7%
1997 25.08x $6.27 Million $250.00K ▲ +4624.6%
1996 0.53x $3.50 Million $6.60 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.