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/Sales

As of 25 September 2026, NetApp, Inc. (NTAP) trades at a EV/Sales of 5.2×. Over the past ten years it has ranged from 0.5× (February 2016) to 5.3× (August 2026); the current reading is higher than 100% of that period. That is above the Software Infrastructure industry median of 3.0× and above the Technology sector median of 2.9×.

EV/Sales, daily

Annual

Period EV/Sales Change
FY2026 3.1× 16.34%
FY2025 2.7× (17.26%)
FY2024 3.3× 57.02%
FY2023 2.1× (12.72%)
FY2022 2.4× (6.99%)
FY2021 2.6× 55.19%
FY2020 1.6× (37.38%)
FY2019 2.6× 5.48%
FY2018 2.5× 79.59%
FY2017 1.4× 97.94%

Quarterly

Period EV/Sales Change
Jul 2026 4.6× 46.39%
Apr 2026 3.1× 7.65%
Jan 2026 2.9× (18.36%)
Oct 2025 3.6× 12.72%
43 more quarters

Against its own ten years

Low 0.5× High 5.3×
Ten-year median 2.3×
Current reading's percentile 100

EV/Sales against peers

Company EV/Sales
XYZ Block, Inc. compare 1.9×
CPAY Corpay, Inc. compare 4.4×
NTAP NetApp, Inc. 5.2×
TWLO Twilio Inc. compare 7.3×
ZS Zscaler, Inc. compare 9.0×
CRWV CoreWeave Inc. compare 10.2×
OKTA Okta, Inc. compare 10.6×
MDB MongoDB, Inc. compare 11.8×
VRSN VeriSign, Inc. compare 16.0×
Software Infrastructure industry median 3.0×
Technology sector median 2.9×
Market median 2.2×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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