NetApp Inc (NTAP) — Cash Flow Reinvestment Rate
NetApp Inc (NTAP) has a Cash Flow Reinvestment Rate of 2.35x as of October 2025, reinvesting $298.00 Million (capex $49.00 Million plus investments $249.00 Million) from operating cash flow of $127.00 Million. See NTAP free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
NetApp Inc Cash Flow Reinvestment Rate (1996–2025)
Historical reinvestment intensity for NetApp Inc across 30 annual periods. For the full cash flow conversion analysis, see NTAP operating cash flow.
Annual Cash Flow Reinvestment Rate for NetApp Inc (1996–2025)
Year-by-year capital reinvestment analysis for NetApp Inc. See how financially flexible is NetApp Inc to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.21x | $315.00 Million | $1.51 Billion | $168.00 Million | ▼ -60.4% |
| 2024 | 0.53x | $890.00 Million | $1.69 Billion | $155.00 Million | ▼ -64.1% |
| 2023 | 1.47x | $1.63 Billion | $1.11 Billion | $239.00 Million | ▲ +557.6% |
| 2022 | 0.22x | $271.00 Million | $1.21 Billion | $226.00 Million | ▼ -7.4% |
| 2021 | 0.24x | $322.00 Million | $1.33 Billion | $162.00 Million | ▼ -82.9% |
| 2020 | 1.41x | $1.49 Billion | $1.06 Billion | $124.00 Million | ▲ +80.2% |
| 2019 | 0.78x | $1.05 Billion | $1.34 Billion | $173.00 Million | ▲ +645.9% |
| 2018 | 0.10x | $155.00 Million | $1.48 Billion | $145.00 Million | ▼ -52.6% |
| 2017 | 0.22x | $218.00 Million | $986.00 Million | $175.00 Million | ▼ -81.1% |
| 2016 | 1.17x | $1.14 Billion | $974.00 Million | $160.00 Million | ▲ +81.3% |
| 2015 | 0.65x | $820.10 Million | $1.27 Billion | $175.30 Million | ▼ -27.0% |
| 2014 | 0.89x | $1.20 Billion | $1.35 Billion | $221.40 Million | ▲ +155.9% |
| 2013 | 0.35x | $480.30 Million | $1.39 Billion | $303.30 Million | ▼ -72.3% |
| 2012 | 1.25x | $1.83 Billion | $1.46 Billion | $407.10 Million | ▲ +163.0% |
| 2011 | 0.48x | $641.20 Million | $1.35 Billion | $222.70 Million | ▲ +242.4% |
| 2010 | 0.14x | $135.60 Million | $975.00 Million | $135.60 Million | ▼ -57.3% |
| 2009 | 0.33x | $289.66 Million | $889.23 Million | $289.66 Million | ▲ +74.5% |
| 2008 | 0.19x | $188.28 Million | $1.01 Billion | $188.28 Million | ▼ -2.7% |
| 2007 | 0.19x | $165.83 Million | $864.46 Million | $165.83 Million | ▼ -20.0% |
| 2006 | 0.24x | $132.91 Million | $554.28 Million | $132.91 Million | ▲ +18.4% |
| 2005 | 0.20x | $93.57 Million | $462.12 Million | $93.57 Million | ▲ +29.5% |
| 2004 | 0.16x | $48.60 Million | $310.89 Million | $48.60 Million | ▼ -50.2% |
| 2003 | 0.31x | $61.27 Million | $195.25 Million | $61.27 Million | ▼ -84.1% |
| 2002 | 1.98x | $284.24 Million | $143.89 Million | $284.24 Million | ▲ +415.4% |
| 2001 | 0.38x | $83.69 Million | $218.35 Million | $83.69 Million | ▲ +10.9% |
| 2000 | 0.35x | $40.82 Million | $118.08 Million | $40.82 Million | ▲ +2.6% |
| 1999 | 0.34x | $15.47 Million | $45.95 Million | $15.47 Million | ▼ -4.0% |
| 1998 | 0.35x | $7.97 Million | $22.73 Million | $7.97 Million | ▼ -69.1% |
| 1997 | 1.14x | $7.12 Million | $6.27 Million | $7.12 Million | ▼ -7.0% |
| 1996 | 1.22x | $4.28 Million | $3.50 Million | $4.28 Million | — |