NetApp Inc (NTAP) — Financial Flexibility Index

Latest as of October 2025: 0.02x

NetApp Inc (NTAP) has a Financial Flexibility Index of 0.02x as of October 2025. Free cash flow of $176.00 Million (operating CF $127.00 Million minus capex $49.00 Million) represents 0% of total liabilities ($8.64 Billion). Check NTAP strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.02x
Free Cash Flow / Total Liabilities

Free Cash Flow

$176.00 Million
Operating CF − Capex

Total Liabilities

$8.64 Billion
USD

Capital Expenditures

$49.00 Million
USD

NetApp Inc Financial Flexibility Index (1996–2025)

Historical Financial Flexibility Index trend for NetApp Inc across 30 annual periods. See NTAP net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for NetApp Inc (1996–2025)

Year-by-year free cash flow to debt coverage for NetApp Inc. For the full company profile including market capitalisation, see NetApp Inc market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.17x $1.67 Billion $1.51 Billion $9.78 Billion ▼ -18.7%
2024 0.21x $1.84 Billion $1.69 Billion $8.74 Billion ▲ +35.4%
2023 0.16x $1.35 Billion $1.11 Billion $8.66 Billion ▼ -0.6%
2022 0.16x $1.44 Billion $1.21 Billion $9.19 Billion ▼ -9.2%
2021 0.17x $1.50 Billion $1.33 Billion $8.68 Billion ▲ +6.0%
2020 0.16x $1.18 Billion $1.06 Billion $7.28 Billion ▼ -17.8%
2019 0.20x $1.51 Billion $1.34 Billion $7.65 Billion ▼ -4.9%
2018 0.21x $1.62 Billion $1.48 Billion $7.80 Billion ▲ +20.3%
2017 0.17x $1.16 Billion $986.00 Million $6.71 Billion ▲ +9.1%
2016 0.16x $1.13 Billion $974.00 Million $7.16 Billion ▼ -34.3%
2015 0.24x $1.44 Billion $1.27 Billion $5.99 Billion ▼ -16.6%
2014 0.29x $1.57 Billion $1.35 Billion $5.43 Billion ▲ +11.7%
2013 0.26x $1.69 Billion $1.39 Billion $6.52 Billion ▼ -28.3%
2012 0.36x $1.87 Billion $1.46 Billion $5.18 Billion ▲ +7.1%
2011 0.34x $1.57 Billion $1.35 Billion $4.65 Billion ▲ +20.3%
2010 0.28x $1.11 Billion $975.00 Million $3.96 Billion ▼ -9.4%
2009 0.31x $1.18 Billion $889.23 Million $3.81 Billion ▼ -38.7%
2008 0.50x $1.20 Billion $1.01 Billion $2.37 Billion ▼ -18.2%
2007 0.62x $1.03 Billion $864.46 Million $1.67 Billion ▲ +20.1%
2006 0.51x $687.20 Million $554.28 Million $1.34 Billion ▼ -34.2%
2005 0.78x $555.69 Million $462.12 Million $711.84 Million ▲ +0.2%
2004 0.78x $359.49 Million $310.89 Million $461.42 Million ▲ +0.8%
2003 0.77x $256.52 Million $195.25 Million $331.82 Million ▼ -54.8%
2002 1.71x $428.13 Million $143.89 Million $250.33 Million ▲ +31.3%
2001 1.30x $302.04 Million $218.35 Million $231.80 Million ▼ -6.9%
2000 1.40x $158.90 Million $118.08 Million $113.49 Million ▲ +15.4%
1999 1.21x $61.42 Million $45.95 Million $50.62 Million ▲ +16.5%
1998 1.04x $30.70 Million $22.73 Million $29.47 Million ▲ +16.0%
1997 0.90x $13.39 Million $6.27 Million $14.91 Million ▼ -25.9%
1996 1.21x $7.78 Million $3.50 Million $6.42 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities