Stocktoria
NetApp, Inc. NTAP
NetApp, Inc. statistics & valuation
Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($30.99); a green figure means the price is below it.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
NetApp, Inc. trades at about 31.8× earnings — above its 10-year norm (10-year range 11.5×–162.7×, median 23.7×).
Shaded band = 10-year range (11.5×–162.7×); dot = today's 31.8×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2026 | FY2025 | FY2025 | FY2024 | FY2024 | FY2024 | FY2024 | FY2023 | FY2023 | FY2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 70.7% | 70.2% | — | — | — | 70.7% | — | — | — | 66.2% |
| Operating margin | 24.2% | 20.3% | — | — | — | 19.4% | — | — | — | 16.0% |
| Net margin | 18.4% | 18.0% | — | — | — | 15.7% | — | — | — | 20.0% |
| FCF margin | 27.0% | 20.4% | — | — | — | 24.4% | — | — | — | 13.6% |
| Return on assets | 11.9% | 11.0% | — | — | — | 10.0% | — | — | — | 13.0% |
| Return on equity | 94.4% | 114.0% | — | — | — | 86.0% | — | — | — | 109.9% |
| Debt / equity | 1.84× | 3.11× | 2.00× | 2.23× | 2.58× | 2.09× | 2.41× | 3.11× | 2.74× | 2.06× |
| Current ratio | 1.44 | 1.26 | 0.93 | 0.91 | 0.96 | 1.19 | 1.15 | 1.07 | 1.28 | 1.35 |
Computed from company filings · US · as of 2026-04-24. Facts plus Stocktoria's own computed scores — not investment advice.