NetApp, Inc. NTAP
201.15
3.91
1.98%
as of 25 Sep
- Market cap
- $38.8B
- P/E
- 28.0×
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NetApp, Inc. (NTAP) P/E ratio
As of 25 September 2026, NetApp, Inc. (NTAP) trades at a P/E ratio of 28.0×. Over the past ten years it has ranged from 0.0× (April 2018) to 295× (July 2018); the current reading is higher than 85% of that period. That is in line with the Software Infrastructure industry median of 28.0× and below the Technology sector median of 29.7×.
P/E ratio, daily
Annual
| Period | P/E ratio | Change |
|---|---|---|
| FY2026 | 17.2× | 11.52% |
| FY2025 | 15.4× | (28.21%) |
| FY2024 | 21.5× | 98.66% |
| FY2023 | 10.8× | (38.38%) |
| FY2022 | 17.6× | (22.57%) |
| FY2021 | 22.7× | 85.68% |
| FY2020 | 12.2× | (22.30%) |
| FY2019 | 15.7× | (93.38%) |
| FY2018 | 238× | 995.38% |
| FY2017 | 21.7× | (27.33%) |
Quarterly
| Period | P/E ratio | Change |
|---|---|---|
| Jul 2026 | 24.9× | 44.31% |
| Apr 2026 | 17.2× | 6.94% |
| Jan 2026 | 16.1× | (20.26%) |
| Oct 2025 | 20.2× | 11.94% |
| 43 more quarters | Free account |
Against its own ten years
Low 0.0×
High 295×
Ten-year median
20.1×
Current reading's percentile
85
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| ZS Zscaler, Inc. compare | n/m |
| CRWV CoreWeave Inc. compare | n/m |
| CPAY Corpay, Inc. compare | 23.9× |
| NTAP NetApp, Inc. | 28.0× |
| VRSN VeriSign, Inc. compare | 31.1× |
| TWLO Twilio Inc. compare | 36.7× |
| OKTA Okta, Inc. compare | 116× |
| XYZ Block, Inc. compare | 132× |
| MDB MongoDB, Inc. compare | 555× |
| Software Infrastructure industry median | 28.0× |
| Technology sector median | 29.7× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)
More on NTAP
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement