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) 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

Annual

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%
CPAY Corpay, Inc. compare 4.66%
OKTA Okta, Inc. compare 3.17%
MDB MongoDB, Inc. compare 1.61%
XYZ Block, Inc. compare 0.94%
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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