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) 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

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)

The full definition of P/E ratio →

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