NTAPNasdaqComputer Storage DevicesFiscal year ends April 24
NetApp, Inc.
Financials through Q1 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 2, 2026
$207.37+3.57 (+1.75%)
Close on Oct 19, 2026
- Market cap
- $41.47B
- P/E (TTM)
- 29.2
- Dividend yield
- 1.00%
NetApp statistics
Financials through Jul 31, 2026, price as of Oct 19, 2026, median of Computer Storage Devices companies for comparison
Valuation
| Measure | NetApp | Industry median |
|---|---|---|
| Market Cap | $40.73B | $1.37B |
| Enterprise Value | $39.64B | $1.36B |
| PE Ratio | 29.21 | 29.21 |
| PS Ratio | 6.27 | 2.23 |
| PB Ratio | 27.25 | 2.78 |
| P/FCF Ratio | 24.69 | 22.36 |
| P/OCF Ratio | 21.47 | 17.09 |
Enterprise value
| Measure | NetApp | Industry median |
|---|---|---|
| EV / Sales | 6.10 | 2.18 |
| EV / EBITDA | 19.72 | 16.91 |
| EV / EBIT | 21.44 | 20.70 |
| EV / FCF | 24.03 | 24.03 |
Income (trailing twelve months)
| Measure | NetApp | Industry median |
|---|---|---|
| Revenue | $6.50B | $866.07M |
| Gross Profit | $5.22B | $317.63M |
| Operating Income | $1.85B | $33.78M |
| Pretax Income | $1.83B | $61.14M |
| Net Income | $1.42B | $20.20M |
| EBITDA | $2.01B | $59.87M |
| EPS (Diluted) | $7.10 | $0.70 |
Margins
| Measure | NetApp | Industry median |
|---|---|---|
| Gross Margin | 80.3% | 34.3% |
| Operating Margin | 28.5% | 5.94% |
| Pretax Margin | 28.1% | 6.55% |
| Profit Margin | 21.8% | 4.89% |
| EBITDA Margin | 30.9% | 9.65% |
| FCF Margin | 25.4% | 7.34% |
Returns
| Measure | NetApp | Industry median |
|---|---|---|
| Return on Equity (ROE) | 114.8% | 7.49% |
| Return on Assets (ROA) | 13.7% | 3.02% |
| Return on Invested Capital (ROIC) | 528.3% | 7.94% |
| Return on Capital Employed (ROCE) | 28.9% | 6.30% |
Growth
| Measure | NetApp | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 12.7% | 9.10% |
| Net Income Growth (YoY) | 21.1% | 8.53% |
| EPS Growth (YoY) | 25.4% | 10.7% |
| FCF Growth (YoY) | -0.48% | 6.28% |
| Revenue Growth (3Y CAGR) | -0.66% | 3.24% |
| Revenue Growth (5Y CAGR) | 1.66% | 7.11% |
| EPS Growth (3Y CAGR) | 3.13% | 7.68% |
| EPS Growth (5Y CAGR) | 14.5% | 15.9% |
Balance sheet
| Measure | NetApp | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $3.58B | $109.83M |
| Total Debt | $2.49B | $504.82M |
| Net Cash (Debt) | $1.09B | $381.39K |
| Net Cash Per Share | $5.54 | $0.00 |
| Equity (Book Value) | $1.50B | $380.65M |
| Book Value Per Share | $7.61 | $8.57 |
| Tangible Book Value | -$1.46B | $79.42M |
| Working Capital | $1.10B | $228.02M |
Financial position
| Measure | NetApp | Industry median |
|---|---|---|
| Current Ratio | 1.24 | 1.98 |
| Quick Ratio | 0.99 | 0.99 |
| Debt / Equity | 1.66 | 0.52 |
| Debt / EBITDA | 1.24 | 2.21 |
| Debt / FCF | 1.51 | 2.83 |
| Net Debt / EBITDA | -0.54 | 1.23 |
Cash flow (trailing twelve months)
| Measure | NetApp | Industry median |
|---|---|---|
| Operating Cash Flow | $1.90B | $75.30M |
| Capital Expenditures | -$247.00M | -$27.96M |
| Free Cash Flow | $1.65B | $59.74M |
| FCF Per Share | $8.40 | $1.16 |
Efficiency
| Measure | NetApp | Industry median |
|---|---|---|
| Asset Turnover | 0.63 | 0.70 |
| Inventory Turnover | 8.55 | 3.72 |
| Revenue Per Employee | $555.30K | $406.50K |
| Profits Per Employee | $121.20K | $16.14K |
| Employee Count | 11,700 | 1,615 |
Dividends and yields
| Measure | NetApp | Industry median |
|---|---|---|
| Earnings Yield | 3.48% | 2.24% |
| FCF Yield | 4.05% | 3.19% |
| Dividend Yield | 1.00% | 1.06% |
| Buyback Yield | 2.09% | 1.10% |
| Shareholder Yield | 3.09% | 1.93% |
| Dividend Per Share | $2.08 | $1.14 |
| Dividend Growth (YoY) | 0.00% | 4.67% |
| Years of Dividend Growth | 0 | 4 |
| Payout Ratio | 29.0% | 28.8% |
| FCF Payout Ratio | 24.9% | 25.5% |
Shares
| Measure | NetApp | Industry median |
|---|---|---|
| Shares Outstanding | 196,419,000 | 59,778,400 |
| Shares Change (YoY) | -3.26% | 0.45% |
| Shares Change (QoQ) | 0.00% | 0.14% |
| Float | 195,469,000 | 52,486,900 |
| Shares Held by Insiders | 0.48% | 5.23% |
| Shares Held by Institutions | 99.0% | 83.0% |
Taxes
| Measure | NetApp | Industry median |
|---|---|---|
| Income Tax | $410.00M | $14.90M |
| Effective Tax Rate | 22.4% | 20.9% |
Scores
| Measure | NetApp | Industry median |
|---|---|---|
| Graham Number | $34.87 | $30.38 |
| Graham Upside | -83.2% | -55.4% |
| Altman Z-Score | 3.88 | 3.15 |
| Piotroski F-Score | 7 | 5 |
| Beneish M-Score | -2.75 | -2.55 |
Calculated by StockData from NetApp's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.