NetApp, Inc. NTAP
201.15
3.91
1.98%
as of 25 Sep
- Market cap
- $38.8B
- P/E
- 28.0×
Follow NTAP
Indexes
indicate stock being part of an index,
Growth Flags
show if company had growth for consecutive years
NetApp, Inc. (NTAP) Free cash flow margin
NetApp, Inc.'s free cash flow margin over the twelve months to 31 July 2026 was 22.3%, down 4.7 percentage points from fiscal 2026 (27.0%). Over the past ten years it has ranged from 13.6% (fiscal 2023) to 27.0% (fiscal 2026) — the current reading is the highest in ten years. That is above the Software Infrastructure industry median of 1.67% and above the Technology sector median of 1.52%.
Free cash flow margin, annual
Annual
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2026 | 27.0% | 6.63 |
| FY2025 | 20.4% | (4.05) |
| FY2024 | 24.4% | 10.77 |
| FY2023 | 13.6% | (1.95) |
| FY2022 | 15.6% | (11.26) |
| FY2021 | 26.9% | 7.78 |
| FY2020 | 19.1% | 0.07 |
| FY2019 | 19.0% | (7.07) |
| FY2018 | 26.1% | 11.30 |
| FY2017 | 14.8% | (1.75) |
Against its own ten years
Low 13.6%
High 27.0%
Ten-year median
19.0%
Current reading's percentile
100
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| VRSN VeriSign, Inc. compare | 62.4% |
| CPAY Corpay, Inc. compare | 32.6% |
| OKTA Okta, Inc. compare | 31.2% |
| MDB MongoDB, Inc. compare | 23.7% |
| ZS Zscaler, Inc. compare | 23.2% |
| NTAP NetApp, Inc. | 22.3% |
| TWLO Twilio Inc. compare | 17.5% |
| XYZ Block, Inc. compare | 15.5% |
| CRWV CoreWeave Inc. compare | −179.9% |
| Software Infrastructure industry median | 1.67% |
| Technology sector median | 1.52% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on NTAP
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement