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 invested capital

NetApp, Inc.'s return on invested capital over the twelve months to 31 July 2026 was 283.9%, down 128.0 percentage points from fiscal 2026 (411.9%). Over the past ten years it has ranged from 0.00% (fiscal 2022) to 411.9% (fiscal 2026) — the current reading is the highest in ten years. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.00%.

Return on invested capital, annual

Annual

Period Return on invested capital Change (points)
FY2026 411.9% 217.13
FY2025 194.8% (70.52)
FY2024 265.3% 144.11
FY2023 121.2% 121.19
FY2022 0.00% 0.00
FY2021 0.00% 0.00
FY2020 0.00% 0.00
FY2019 0.00% 0.00
FY2018 0.00% 0.00
FY2017 0.00% 0.00

Against its own ten years

Low 0.00% High 411.9%
Ten-year median 0.00%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
NTAP NetApp, Inc. 283.9%
XYZ Block, Inc. compare 3.43%
OKTA Okta, Inc. compare 3.10%
TWLO Twilio Inc. compare 2.48%
VRSN VeriSign, Inc. compare 0.00%
CPAY Corpay, Inc. compare 0.00%
CRWV CoreWeave Inc. compare −0.43%
MDB MongoDB, Inc. compare −1.60%
ZS Zscaler, Inc. compare −10.2%
Software Infrastructure industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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