NetApp, Inc. (NTAP) stock

NTAPNasdaqComputer Storage DevicesFiscal year ends April 24

Financials through Q1 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 2, 2026Score 18/3023% above fair value

$186.08+2.96 (+1.62%)

Close on Nov 12, 2026Market cap $36.55BP/E 26.2Yield 1.12%

NetApp statistics

112 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Nov 24, 2026 (estimated, after the close)
Last ex-dividend date: Oct 9, 2026
Fundamentals through: Jul 31, 2026
Share price as of: Nov 12, 2026

Valuation ratiosIndustry

Market Cap: $36.55B; $1.84B
Enterprise Value: $35.46B; $2.02B
PE Ratio: 26.21; 28.57
PS Ratio: 5.63; 2.38
PB Ratio: 24.45; 2.41
P/FCF Ratio: 22.15; 21.25
P/OCF Ratio: 19.27; 15.80

Enterprise valuationIndustry

EV / Sales: 5.46; 2.35
EV / EBITDA: 17.64; 16.25
EV / EBIT: 19.18; 20.29
EV / FCF: 21.49; 22.46

Share statisticsIndustry

Shares Outstanding: 196M; 59M
Shares Change (YoY): -3.26%; 0.49%
Shares Change (QoQ): 0.00%; 0.03%
Float: 196M; 51M
Shares Held by Insiders: 0.44%; 5.17%
Shares Held by Institutions: 99.0%; 81.8%

Short sellingIndustry

Short Interest: 9M; –
Short Interest Change: -10.6%; -0.88%
Short % of Float: 4.41%; 4.17%
Short % of Shares Outstanding: 4.39%; 3.65%
Days to Cover: 4.57; 3.58

Stock price statisticsIndustry

52-Week High: $240.87; –
52-Week Low: $93.69; –
20-Day Moving Average: $199.04; –
50-Day Moving Average: $203.90; –
200-Day Moving Average: $153.69; –
Average True Range (14): $10.73; –
Price Change (1 Week): 9.86%; 5.18%
Price Change (1 Month): -16.3%; -5.13%
Price Change (3 Months): -10.1%; -14.8%
Price Change (6 Months): 55.2%; -11.3%
Price Change (YTD): 73.8%; 6.24%
Price Change (1 Year): 68.5%; 5.98%
Price Change (3 Years): 142.5%; 33.6%
Price Change (5 Years): 107.2%; 15.6%
Price Change (10 Years): 449.6%; 93.7%
Average Volume (10 Days): 2M; –
Average Volume (20 Days): 2M; –
Average Volume (90 Days): 2M; –
Relative Volume: 0.59; 0.81
Relative Strength Index (14): 42.7; 45.7
Volatility (1 Year): 48.2%; 53.7%
Beta (5 Years): 1.23; 1.05

MarginsIndustry

Gross Margin: 80.3%; 34.6%
Operating Margin: 28.5%; 5.85%
Pretax Margin: 28.1%; 6.52%
Profit Margin: 21.8%; 4.89%
EBITDA Margin: 30.9%; 9.73%
FCF Margin: 25.4%; 7.10%

Returns on capitalIndustry

Return on Equity (ROE): 114.8%; 7.46%
Return on Assets (ROA): 13.7%; 3.06%
Return on Invested Capital (ROIC): 528.3%; 7.81%
Return on Capital Employed (ROCE): 28.9%; 6.81%

Financial positionIndustry

Current Ratio: 1.24; 2.02
Quick Ratio: 0.99; 0.96
Debt / Equity: 1.66; 0.52
Debt / EBITDA: 1.24; 1.99
Debt / FCF: 1.51; 2.68
Net Debt / EBITDA: -0.54; 1.24

GrowthIndustry

Revenue Growth (YoY): 12.7%; 9.19%
Net Income Growth (YoY): 21.1%; 9.10%
EPS Growth (YoY): 25.4%; 14.0%
FCF Growth (YoY): -0.48%; 15.9%
Revenue Growth (3Y CAGR): -0.66%; 3.31%
Revenue Growth (5Y CAGR): 1.66%; 7.11%
EPS Growth (3Y CAGR): 3.13%; 7.25%
EPS Growth (5Y CAGR): 14.5%; 15.5%

EfficiencyIndustry

Asset Turnover: 0.63; 0.70
Inventory Turnover: 8.55; 3.64
Revenue Per Employee: $555.30K; $427.56K
Profits Per Employee: $121.20K; $16.74K
Employee Count: 11,700; 1,633
WACC: 10.8%; 9.60%

Income statement (TTM)Industry

Revenue: $6.50B; $906.74M
Gross Profit: $5.22B; $333.11M
Operating Income: $1.85B; $38.90M
Pretax Income: $1.83B; $62.51M
Net Income: $1.42B; $28.24M
EBITDA: $2.01B; $67.41M
EPS (Diluted): $7.10; $0.71

Balance sheetIndustry

Cash & Short-Term Investments: $3.58B; $110.96M
Total Debt: $2.49B; $498.70M
Net Cash (Debt): $1.09B; $600.42K
Net Cash Per Share: $5.54; $0.00
Equity (Book Value): $1.50B; $449.80M
Book Value Per Share: $7.61; $10.18
Tangible Book Value: -$1.46B; $74.75M
Working Capital: $1.10B; $231.24M

Cash flow (TTM)Industry

Operating Cash Flow: $1.90B; $76.02M
Capital Expenditures: -$247.00M; -$26.59M
Free Cash Flow: $1.65B; $61.59M
FCF Per Share: $8.40; $1.38

Dividends and yieldsIndustry

Earnings Yield: 3.88%; 2.75%
FCF Yield: 4.51%; 3.52%
Dividend Yield: 1.12%; 1.05%
Buyback Yield: 2.33%; 1.35%
Shareholder Yield: 3.44%; 1.88%
Dividend Per Share: $2.08; $1.14
Dividend Growth (YoY): 0.00%; 5.27%
Years of Dividend Growth: 0; 4
Payout Ratio: 29.0%; 29.1%
FCF Payout Ratio: 24.9%; 24.9%

Taxes and interestIndustry

Income Tax: $410.00M; $18.38M
Effective Tax Rate: 22.4%; 21.3%

Scores and fair valueIndustry

Graham Number: $34.87; $32.11
Graham Upside: -81.3%; -52.1%
Altman Z-Score: 3.62; 3.08
Piotroski F-Score: 7; 5
Beneish M-Score: -2.75; -2.56
Lynch Fair Value: $102.78; –
Lynch Upside: -44.8%; -40.6%

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

Period	NTAP	S&P 500	Difference	NTAP per year	S&P 500 per year
1 month	-22.2%	-2.7%	−19.5 pts
3 months	-7.7%	-1.7%	−5.9 pts
Year to date	+76.4%	+11.9%	+64.5 pts
1 year	+69.3%	+12.0%	+57.4 pts
3 years	+154.6%	+78.2%	+76.5 pts	+36.6%	+21.2%
5 years	+131.4%	+73.2%	+58.2 pts	+18.3%	+11.6%
10 years	+600.9%	+309.6%	+291.2 pts	+21.5%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

9M NTAP shares were sold short on Oct 30, 2026, down 10.6% from the previous report, or 4.41% of the shares available to trade. At recent volumes it would take 4.6 days to buy them back. Over the last 20 sessions, 49.4% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	8,620,645	-10.6%	1,885,633	4.6
Oct 15, 2026	9,647,177	-9.8%	2,791,529	3.5
Sep 30, 2026	10,690,825	+5.4%	2,428,847	4.4
Sep 15, 2026	10,146,420	-5.6%	2,784,084	3.6
Aug 31, 2026	10,744,430	+0.4%	2,107,504	5.1
Aug 14, 2026	10,702,997	-18.9%	2,645,934	4.0
Jul 31, 2026	13,189,329	+2.5%	2,082,030	6.3
Jul 15, 2026	12,870,550	-14.4%	3,295,935	3.9
Jun 30, 2026	15,037,225	-12.4%	3,185,076	4.7
Jun 15, 2026	17,157,931	-20.1%	3,247,994	5.3
May 29, 2026	21,473,487	-10.3%	5,388,089	4.0
May 15, 2026	23,938,366	+11.1%	2,256,883	10.6