NetApp, Inc. NTAP NASDAQ

NetApp, Inc. (NTAP) generated $1.51B in operating cash flow for fiscal year 2025. After capital expenditures of $168M, free cash flow was $1.34B.

Free cash flow margin was 20.4% of revenue. Cash conversion ratio was 1.27x, indicating earnings are backed by cash.

The company returned $1.15B in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (50/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (80/100, Pass) — $1.34B (20.4% FCF margin) supports a durable competitive advantage
• INCOME (70/100) — Cash conversion ratio was 1.27x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 66/100 with 4/7 criteria passed.