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/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

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)

The full definition of P/S ratio →

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