NetApp Statistics
Total Valuation
NetApp has a market cap or net worth of $23.64 billion. The enterprise value is $23.27 billion.
Important Dates
The next confirmed earnings date is Thursday, November 21, 2024, after market close.
| Earnings Date | Nov 21, 2024 |
| Ex-Dividend Date | Oct 4, 2024 |
Share Statistics
NetApp has 204.78 million shares outstanding. The number of shares has decreased by -2.75% in one year.
| Shares Outstanding | 204.78M |
| Shares Change (YoY) | -2.75% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 0.42% |
| Owned by Institutions (%) | 95.79% |
| Float | 203.71M |
Valuation Ratios
The trailing PE ratio is 22.55 and the forward PE ratio is 16.00. NetApp's PEG ratio is 3.00.
| PE Ratio | 22.55 |
| Forward PE | 16.00 |
| PS Ratio | 3.74 |
| Forward PS | 3.49 |
| PB Ratio | 25.48 |
| P/FCF Ratio | 16.74 |
| PEG Ratio | 3.00 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 14.71, with an EV/FCF ratio of 16.48.
| EV / Earnings | 21.44 |
| EV / Sales | 3.65 |
| EV / EBITDA | 14.71 |
| EV / EBIT | 17.09 |
| EV / FCF | 16.48 |
Financial Position
The company has a current ratio of 0.96, with a Debt / Equity ratio of 2.85.
| Current Ratio | 0.96 |
| Quick Ratio | 0.82 |
| Debt / Equity | 2.85 |
| Debt / EBITDA | 1.61 |
| Debt / FCF | 1.88 |
| Interest Coverage | 21.27 |
Financial Efficiency
Return on equity (ROE) is 120.42% and return on invested capital (ROIC) is 23.89%.
| Return on Equity (ROE) | 120.42% |
| Return on Assets (ROA) | 9.16% |
| Return on Capital (ROIC) | 23.89% |
| Revenue Per Employee | $540,424 |
| Profits Per Employee | $91,949 |
| Employee Count | 11,800 |
| Asset Turnover | 0.69 |
| Inventory Turnover | 10.68 |
Taxes
In the past 12 months, NetApp has paid $291.00 million in taxes.
| Income Tax | 291.00M |
| Effective Tax Rate | 21.15% |
Stock Price Statistics
The stock price has increased by +52.11% in the last 52 weeks. The beta is 1.22, so NetApp's price volatility has been higher than the market average.
| Beta (5Y) | 1.22 |
| 52-Week Price Change | +52.11% |
| 50-Day Moving Average | 121.66 |
| 200-Day Moving Average | 113.25 |
| Relative Strength Index (RSI) | 34.85 |
| Average Volume (20 Days) | 1,281,965 |
Short Selling Information
The latest short interest is 7.43 million, so 3.63% of the outstanding shares have been sold short.
| Short Interest | 7.43M |
| Short Previous Month | 6.86M |
| Short % of Shares Out | 3.63% |
| Short % of Float | 3.65% |
| Short Ratio (days to cover) | 5.53 |
Income Statement
In the last 12 months, NetApp had revenue of $6.38 billion and earned $1.09 billion in profits. Earnings per share was $5.12.
| Revenue | 6.38B |
| Gross Profit | 4.54B |
| Operating Income | 1.36B |
| Pretax Income | 1.26B |
| Net Income | 1.09B |
| EBITDA | 1.58B |
| EBIT | 1.36B |
| Earnings Per Share (EPS) | $5.12 |
Full Income StatementBalance Sheet
The company has $3.02 billion in cash and $2.65 billion in debt, giving a net cash position of $376.00 million or $1.84 per share.
| Cash & Cash Equivalents | 3.02B |
| Total Debt | 2.65B |
| Net Cash | 376.00M |
| Net Cash Per Share | $1.84 |
| Equity (Book Value) | 929.00M |
| Book Value Per Share | 4.53 |
| Working Capital | -191.00M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $1.57 billion and capital expenditures -$161.00 million, giving a free cash flow of $1.41 billion.
| Operating Cash Flow | 1.57B |
| Capital Expenditures | -161.00M |
| Free Cash Flow | 1.41B |
| FCF Per Share | $6.90 |
Full Cash Flow StatementMargins
Gross margin is 71.11%, with operating and profit margins of 21.34% and 17.01%.
| Gross Margin | 71.11% |
| Operating Margin | 21.34% |
| Pretax Margin | 21.58% |
| Profit Margin | 17.01% |
| EBITDA Margin | 24.81% |
| EBIT Margin | 21.34% |
| FCF Margin | 24.41% |
Dividends & Yields
This stock pays an annual dividend of $2.08, which amounts to a dividend yield of 1.80%.
| Dividend Per Share | $2.08 |
| Dividend Yield | 1.80% |
| Dividend Growth (YoY) | 2.00% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 40.63% |
| Buyback Yield | 2.75% |
| Shareholder Yield | 4.55% |
| Earnings Yield | 4.59% |
| FCF Yield | 5.97% |
Dividend DetailsAnalyst Forecast
The average price target for NetApp is $131.38, which is 13.80% higher than the current price. The consensus rating is "Buy".
| Price Target | $131.38 |
| Price Target Difference | 13.80% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on March 23, 2000. It was a forward split with a ratio of 2:1.
| Last Split Date | Mar 23, 2000 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 7 |