NetApp Inc (NTAP) — Free Cash Flow Generation Index

Latest as of October 2025: 0.61x

NetApp Inc (NTAP) has a Free Cash Flow Generation Index of 0.61x as of October 2025. Free cash flow of $78.00 Million represents 1% of operating cash flow ($127.00 Million). Explore NTAP capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.61x
Free Cash Flow / Operating CF

Free Cash Flow

$78.00 Million
USD

Operating Cash Flow

$127.00 Million
USD

Capital Expenditures

$49.00 Million
USD

NetApp Inc Free Cash Flow Generation Index (1996–2025)

Historical FCF Generation Index trend for NetApp Inc across 30 annual periods. For the full cash flow conversion analysis, see NTAP operating cash flow.

Annual Free Cash Flow Generation for NetApp Inc (1996–2025)

Year-by-year Free Cash Flow Generation Index for NetApp Inc. Check NTAP cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.89x $1.34 Billion $1.51 Billion $168.00 Million ▼ -2.2%
2024 0.91x $1.53 Billion $1.69 Billion $155.00 Million ▲ +15.8%
2023 0.78x $868.00 Million $1.11 Billion $239.00 Million ▼ -3.6%
2022 0.81x $985.00 Million $1.21 Billion $226.00 Million ▼ -7.4%
2021 0.88x $1.17 Billion $1.33 Billion $162.00 Million ▼ -0.5%
2020 0.88x $936.00 Million $1.06 Billion $124.00 Million ▲ +1.4%
2019 0.87x $1.17 Billion $1.34 Billion $173.00 Million ▼ -3.4%
2018 0.90x $1.33 Billion $1.48 Billion $145.00 Million ▲ +9.7%
2017 0.82x $811.00 Million $986.00 Million $175.00 Million ▼ -1.6%
2016 0.84x $814.00 Million $974.00 Million $160.00 Million ▼ -3.0%
2015 0.86x $1.09 Billion $1.27 Billion $175.30 Million ▲ +3.1%
2014 0.84x $1.13 Billion $1.35 Billion $221.40 Million ▲ +7.0%
2013 0.78x $1.08 Billion $1.39 Billion $303.30 Million ▲ +8.3%
2012 0.72x $1.06 Billion $1.46 Billion $407.10 Million ▼ -13.5%
2011 0.83x $1.12 Billion $1.35 Billion $222.70 Million ▼ -3.1%
2010 0.86x $839.40 Million $975.00 Million $135.60 Million ▲ +27.7%
2009 0.67x $599.57 Million $889.23 Million $289.66 Million ▼ -17.1%
2008 0.81x $820.61 Million $1.01 Billion $188.28 Million ▲ +0.6%
2007 0.81x $698.63 Million $864.46 Million $165.83 Million ▲ +6.3%
2006 0.76x $421.37 Million $554.28 Million $132.91 Million ▼ -4.7%
2005 0.80x $368.55 Million $462.12 Million $93.57 Million ▼ -5.5%
2004 0.84x $262.29 Million $310.89 Million $48.60 Million ▲ +22.9%
2003 0.69x $133.98 Million $195.25 Million $61.27 Million ▲ +170.4%
2002 -0.98x $-140.34 Million $143.89 Million $284.24 Million ▼ -258.1%
2001 0.62x $134.67 Million $218.35 Million $83.69 Million ▼ -5.7%
2000 0.65x $77.26 Million $118.08 Million $40.82 Million ▼ -1.3%
1999 0.66x $30.47 Million $45.95 Million $15.47 Million ▲ +2.2%
1998 0.65x $14.76 Million $22.73 Million $7.97 Million ▲ +576.0%
1997 -0.14x $-855.00K $6.27 Million $7.12 Million ▲ +38.6%
1996 -0.22x $-778.00K $3.50 Million $4.28 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).