NetApp Inc (NTAP) — 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 NTAP long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
NetApp Inc Cash Flow Quality Index (1996–2025)
Historical Cash Flow Quality Index for NetApp Inc across 30 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check NTAP tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for NetApp Inc (1996–2025)
Year-by-year earnings quality comparison for NetApp Inc. For live market cap and the full company financial profile, see NetApp Inc market cap and net worth.
| 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 | — |