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/S ratio
As of 25 September 2026, NetApp, Inc. (NTAP) trades at a P/S ratio of 5.3×. Over the past ten years it has ranged from 1.1× (January 2016) to 5.5× (August 2026); the current reading is higher than 100% of that period. That is above the Software Infrastructure industry median of 3.1× and above the Technology sector median of 2.9×.
P/S ratio, daily
Annual
| Period | P/S ratio | Change |
|---|---|---|
| FY2026 | 3.2× | 14.26% |
| FY2025 | 2.8× | (17.86%) |
| FY2024 | 3.4× | 56.13% |
| FY2023 | 2.2× | (16.83%) |
| FY2022 | 2.6× | (9.52%) |
| FY2021 | 2.9× | 55.19% |
| FY2020 | 1.9× | (38.22%) |
| FY2019 | 3.0× | (0.13%) |
| FY2018 | 3.0× | 49.88% |
| FY2017 | 2.0× | 62.83% |
Quarterly
| Period | P/S ratio | Change |
|---|---|---|
| Jul 2026 | 4.7× | 48.71% |
| Apr 2026 | 3.2× | 10.67% |
| Jan 2026 | 2.9× | (18.55%) |
| Oct 2025 | 3.5× | 11.19% |
| 43 more quarters | Free account |
Against its own ten years
Low 1.1×
High 5.5×
Ten-year median
2.6×
Current reading's percentile
100
P/S ratio against peers
| Company | P/S ratio |
|---|---|
| XYZ Block, Inc. compare | 1.8× |
| CPAY Corpay, Inc. compare | 5.2× |
| NTAP NetApp, Inc. | 5.3× |
| CRWV CoreWeave Inc. compare | 6.3× |
| TWLO Twilio Inc. compare | 7.6× |
| ZS Zscaler, Inc. compare | 9.2× |
| OKTA Okta, Inc. compare | 11.1× |
| MDB MongoDB, Inc. compare | 11.9× |
| VRSN VeriSign, Inc. compare | 15.3× |
| Software Infrastructure industry median | 3.1× |
| Technology sector median | 2.9× |
| Market median | 2.0× |
What P/S ratio is
Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.
(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (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/E 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