NetApp, Inc. NTAP

201.15 3.91 1.98% as of 25 Sep
Market cap
$38.8B
P/E
28.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

NetApp, Inc. (NTAP) EV/EBITDA

As of 25 September 2026, NetApp, Inc. (NTAP) trades at a EV/EBITDA of 18.9×. Over the past ten years it has ranged from 3.8× (January 2016) to 19.4× (August 2026); the current reading is higher than 100% of that period. That is above the Software Infrastructure industry median of 14.9× and above the Technology sector median of 15.7×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2026 11.6× 3.36%
FY2025 11.2× (19.34%)
FY2024 13.9× 33.32%
FY2023 10.4× (6.21%)
FY2022 11.1× (6.25%)
FY2021 11.8× 51.41%
FY2020 7.8× (31.30%)
FY2019 11.4× 4.74%
FY2018 10.9× 20.92%
FY2017 9.0× 45.07%

Quarterly

Period EV/EBITDA Change
Jul 2026 16.7× 44.16%
Apr 2026 11.6× 0.45%
Jan 2026 11.5× (20.21%)
Oct 2025 14.4× 10.55%
43 more quarters

Against its own ten years

Low 3.8× High 19.4×
Ten-year median 11.0×
Current reading's percentile 100

EV/EBITDA against peers

Company EV/EBITDA
CPAY Corpay, Inc. compare 8.3×
NTAP NetApp, Inc. 18.9×
CRWV CoreWeave Inc. compare 19.8×
VRSN VeriSign, Inc. compare 23.3×
OKTA Okta, Inc. compare 65.7×
TWLO Twilio Inc. compare 79.5×
ZS Zscaler, Inc. compare 112×
XYZ Block, Inc. compare 131×
MDB MongoDB, Inc. compare 1,432×
Software Infrastructure industry median 14.9×
Technology sector median 15.7×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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