NetApp, Inc. NTAP
- Market cap
- $38.8B
- P/E
- 28.0×
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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
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)
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/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement