NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
159.71
0.00 (0.00%)
At close: Jun 18, 2026, 4:00 PM EDT
160.50
+0.79 (0.49%)
Pre-market: Jun 22, 2026, 7:27 AM EDT

NetApp Statistics

Total Valuation

NetApp has a market cap or net worth of $31.29 billion. The enterprise value is $30.44 billion.

Market Cap31.29B
Enterprise Value 30.44B

Important Dates

The last earnings date was Thursday, May 28, 2026, after market close.

Earnings Date May 28, 2026
Ex-Dividend Date Jul 10, 2026

Share Statistics

NetApp has 195.92 million shares outstanding. The number of shares has decreased by -3.83% in one year.

Current Share Class 195.92M
Shares Outstanding 195.92M
Shares Change (YoY) -3.83%
Shares Change (QoQ) -0.50%
Owned by Insiders (%) 0.48%
Owned by Institutions (%) 105.40%
Float 194.51M

Valuation Ratios

The trailing PE ratio is 25.15 and the forward PE ratio is 17.95. NetApp's PEG ratio is 2.35.

PE Ratio 25.15
Forward PE 17.95
PS Ratio 4.52
Forward PS 4.19
PB Ratio 23.17
P/TBV Ratio n/a
P/FCF Ratio 16.74
P/OCF Ratio 15.14
PEG Ratio 2.35
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.16, with an EV/FCF ratio of 16.29.

EV / Earnings 23.86
EV / Sales 4.40
EV / EBITDA 16.16
EV / EBIT 17.96
EV / FCF 16.29

Financial Position

The company has a current ratio of 1.44, with a Debt / Equity ratio of 2.02.

Current Ratio 1.44
Quick Ratio 1.21
Debt / Equity 2.02
Debt / EBITDA 1.40
Debt / FCF 1.46
Interest Coverage 15.55

Financial Efficiency

Return on equity (ROE) is 106.73% and return on invested capital (ROIC) is 190.62%.

Return on Equity (ROE) 106.73%
Return on Assets (ROA) 9.82%
Return on Invested Capital (ROIC) 190.62%
Return on Capital Employed (ROCE) 25.21%
Weighted Average Cost of Capital (WACC) 11.41%
Revenue Per Employee $591,880
Profits Per Employee $109,060
Employee Count11,700
Asset Turnover 0.64
Inventory Turnover 10.55

Taxes

In the past 12 months, NetApp has paid $372.00 million in taxes.

Income Tax 372.00M
Effective Tax Rate 22.57%

Stock Price Statistics

The stock price has increased by +54.76% in the last 52 weeks. The beta is 1.43, so NetApp's price volatility has been higher than the market average.

Beta (5Y) 1.43
52-Week Price Change +54.76%
50-Day Moving Average 130.25
200-Day Moving Average 114.79
Relative Strength Index (RSI) 58.74
Average Volume (20 Days) 4,601,755

Short Selling Information

The latest short interest is 21.47 million, so 10.96% of the outstanding shares have been sold short.

Short Interest 21.47M
Short Previous Month 23.94M
Short % of Shares Out 10.96%
Short % of Float 11.04%
Short Ratio (days to cover) 6.06

Income Statement

In the last 12 months, NetApp had revenue of $6.93 billion and earned $1.28 billion in profits. Earnings per share was $6.35.

Revenue6.93B
Gross Profit 4.90B
Operating Income 1.70B
Pretax Income 1.65B
Net Income 1.28B
EBITDA 1.88B
EBIT 1.70B
Earnings Per Share (EPS) $6.35
Full Income Statement

Balance Sheet

The company has $3.58 billion in cash and $2.73 billion in debt, with a net cash position of $851.00 million or $4.34 per share.

Cash & Cash Equivalents 3.58B
Total Debt 2.73B
Net Cash 851.00M
Net Cash Per Share $4.34
Equity (Book Value) 1.35B
Book Value Per Share 6.89
Working Capital 1.76B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.07 billion and capital expenditures -$198.00 million, giving a free cash flow of $1.87 billion.

Operating Cash Flow 2.07B
Capital Expenditures -198.00M
Depreciation & Amortization 189.00M
Net Borrowing -750.00M
Free Cash Flow 1.87B
FCF Per Share $9.54
Full Cash Flow Statement

Margins

Gross margin is 70.74%, with operating and profit margins of 24.48% and 18.43%.

Gross Margin 70.74%
Operating Margin 24.48%
Pretax Margin 23.80%
Profit Margin 18.43%
EBITDA Margin 27.21%
EBIT Margin 24.48%
FCF Margin 26.99%

Dividends & Yields

This stock pays an annual dividend of $2.08, which amounts to a dividend yield of 1.30%.

Dividend Per Share $2.08
Dividend Yield 1.30%
Dividend Growth (YoY) n/a
Years of Dividend Growth 2
Payout Ratio 32.76%
Buyback Yield 3.83%
Shareholder Yield 5.13%
Earnings Yield 4.08%
FCF Yield 5.97%
Dividend Details

Analyst Forecast

The average price target for NetApp is $171.75, which is 7.54% higher than the current price. The consensus rating is "Buy".

Price Target $171.75
Price Target Difference 7.54%
Analyst Consensus Buy
Analyst Count 20
Revenue Growth Forecast (3Y) 6.36%
EPS Growth Forecast (3Y) 8.90%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock 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

NetApp has an Altman Z-Score of 2.75 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.75
Piotroski F-Score 7