NetApp, Inc.

NTAP Technology Software Infrastructure

In the quarter to July 2026, revenue grew 29.9%, EPS grew 64.7%, free cash flow fell 35.3% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

203.80 10.90 −5.08%
Market cap
$42.2B
P/E
28.4×
Fwd P/E
23.4×
Dividend yield
1.02%
F-score
9/9
Altman Z
2.78
Beneish M
−2.74
Dividend safety
93/100

NetApp, Inc. (NTAP) Return on assets

Alert me on Return on assets

NetApp, Inc.'s return on assets over the twelve months to 31 July 2026 was 13.7%, up 1.9 percentage points from fiscal 2026 (11.8%). Over the past ten years it has ranged from 1.19% (fiscal 2018) to 12.8% (fiscal 2023); the current reading is higher than 83% of that period. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.00%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2026 11.8% 0.38
FY2025 11.5% 1.44
FY2024 10.0% (2.83)
FY2023 12.8% 3.17
FY2022 9.67% 1.02
FY2021 8.65% (1.42)
FY2020 10.1% (2.41)
FY2019 12.5% 11.29
FY2018 1.19% (3.74)
FY2017 4.93% 2.57

Against its own ten years

Low 1.19% High 12.8%
Ten-year median 9.84%
Current reading's percentile 83

Return on assets against peers

Company Return on assets
VRSN VeriSign, Inc. compare 53.0%
NTAP NetApp, Inc. 13.7%
TWLO Twilio Inc. compare 11.1%
OKTA Okta, Inc. compare 3.17%
MDB MongoDB, Inc. compare 1.61%
XYZ Block, Inc. compare 0.94%
NBIS Nebius Group N.V. compare 0.26%
ZS Zscaler, Inc. compare −0.88%
CRWV CoreWeave Inc. compare −3.73%
Software Infrastructure industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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