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 cash generation efficiency to assess how effectively this company generates cash.
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 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
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 NTAP market cap overview.
| 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 | — |