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Friday 6 November 2026 Export NTAP’s income statement to Excel — free account

NetApp, Inc.

NTAP Technology Software Infrastructure

NetApp, Inc.’s revenue for fiscal 2026 (year ended April 2026) was $6.9 billion, up 5.37% from fiscal 2025.

Revenue
+29.9%
EPS
+64.7%
Free cash flow
−35.3%
Total debt
+0.12%

Quarter to July 2026, against a year earlier

170.57 17.10 −9.11%
Market cap
$33.3B
P/E
23.8×
Fwd P/E
25.7×
Dividend yield
1.22%
F-score
9/9
Altman Z
2.78
Beneish M
−2.74
Dividend safety
93/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

NetApp, Inc. (NTAP) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, NetApp, Inc. (NTAP) trades at a P/B ratio of 22.4×. Over the past ten years it has ranged from 2.0× (February 2016) to 48.7× (February 2020); the current reading is higher than 65% of that period. That is above the Software Infrastructure industry median of 2.9× and above the Technology sector median of 2.5×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2026 16.3× (7.32%)
FY2025 17.6× (5.10%)
FY2024 18.6× 55.57%
FY2023 11.9× (39.44%)
FY2022 19.7× (18.65%)
FY2021 24.2× (41.81%)
FY2020 41.6× 145.05%
FY2019 17.0× 116.54%
FY2018 7.8× 97.34%
FY2017 4.0× 67.08%

Quarterly newest first

Period P/B ratio Change
Jul 2026 23.4× 43.43%
Apr 2026 16.3× (2.09%)
Jan 2026 16.7× (29.90%)
Oct 2025 23.8× 10.73%
43 more quarters

Against its own ten years

Low 2.0× High 48.7×
Ten-year median 17.5×
Current reading's percentile 62

P/B ratio against peers

Company P/B ratio
VRSN VeriSign, Inc. compare n/m
XYZ Block, Inc. compare 2.2×
NBIS Nebius Group N.V. compare 3.3×
TWLO Twilio Inc. compare 3.4×
OKTA Okta, Inc. compare 4.3×
CRWV CoreWeave Inc. compare 4.9×
CPAY Corpay, Inc. compare 8.9×
ZS Zscaler, Inc. compare 12.6×
NTAP NetApp, Inc. 22.4×
Software Infrastructure industry median 2.9×
Technology sector median 2.5×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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