NetApp, Inc. (NTAP)

Technology
Software - Infrastructure
United States
Yahoo Finance  •  Trading View  •  Company site
Price
$121.47
▲ 0.92 (0.76%)
Market Cap
$24,247,646,208
Shares: 204,000,000
P/E
15.21
P/B: 17.35
ROE
114.04%
Current Ratio: 1.26
Fundamentals Score
71 (POSITIVE)

Company Overview

NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hybrid Cloud and Public Cloud. The company offers data management software, such as NetApp ONTAP, ONTAP One, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, and NetApp SnapLock Data Compliance; and storage infrastructure solutions, including NetApp All-Flash FAS (AFF A-Series), NetApp All-Flash FAS with capacity flash (AFF C-Series), NetApp All-Flash SAN Array (ASA A-Series & C-Series), NetApp Fabric Attached Storage (FAS), NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp BlueXP, BlueXP Copy and Sync, BlueXP Backup and Recovery, BlueXP Classification, and BlueXP Ransomware Protection. In addition, the company offers operational services, such as NetApp Data Infrastructure Insights and Instaclustr; and professional and support services offerings include storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, migration, and proactive support services to help customers optimize the performance and efficiency of their on-premises and hybrid multicloud storage environments. It serves various industries comprising energy, financial services, government, technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners, including the leading cloud providers. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

Headquarters: 3060 Olsen Drive, San Jose, CA, 95128, United States  |  Employees: 11700  |  Website: netapp.com
Key Contacts
IR / Phone: 408 822 6000
Exchange: NMS
Industry: Software - Infrastructure
Quick Financial Snapshot
Revenue$6,572,000,000
Net Income$1,186,000,000
Free Cash Flow$1,338,000,000
Book Value / Share$5.10

Balance Sheet & Liquidity

Total Liabilities$9,783,000,000
Total Equity$1,040,000,000
Debt / Equity3.36
Current Ratio1.26
Interest Coverage20.89
Working Capital$1,189,000,000

Valuation Metrics

Core multiples and valuation signals — useful to compare vs peers.

P/E (TTM)15.21
Industry P/EN/A
Forward P/E16.03
P/B17.35
Price / Sales2.75
P / FCF13.49
EV / EBITDA11.12
Graham Number$25.82
DCF (placeholder)
Notes: red items typically indicate expensive multiples relative to fundamentals. Use the "Compare with industry" tool for context.

EPS (Annual)

Financial Performance

Revenue vs Net Income

Free Cash Flow (annual)

Profitability & Efficiency

Gross Margin 70.19%
Operating Margin 20.34%
Net Margin 18.05%
ROIC 16.49%
Asset Turnover 0.61

Automated Fundamental Signals (Score: 71)

Passed
  • EPS shows upward trend
  • EPS CAGR 15.28%
  • Price CAGR 16.43%
  • ROIC 16.5%
  • Gross Margin 70.2%
  • P/FCF 13.49
  • Operating Margin 20.3%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
Failed
  • P/B Ratio 17.35
  • Debt/Equity ratio
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)

Price Chart (Candlestick)

Technical Analysis (Score: 65)

RSI (14)54.35
SMA 50116.66
SMA 200106.66
MACD0.41
Signal NEUTRAL
RSI 54.4, SMA trend bullish, momentum -4.2%.

Governance & Management

Governance scores: Audit: 1 | Board: 3 | Compensation: 7 | Shareholder Rights: 3
Executive Team
NameTitle
Mr. George Kurian CEO & Director (1967)
Mr. Cesar Cernuda Rego President (1972)
Mr. Wissam G. Jabre C.F.A. Executive VP & CFO (1971)
Ms. Elizabeth M. O'Callahan J.D. EVP, Chief Administrative Officer & Corporate Secretary (1969)
Mr. Gus Shahin Executive Vice President of Business Technology & Operations (—)
Mr. Daniel De Lorenzo VP, Controller & Chief Accounting Officer (1983)
Ms. Kris Newton VP of Corporate Communications & Investor Relations (—)
Ms. Gabrielle Boko Chief Marketing Officer (—)
Governance data last updated: 10/1/2025

Latest News

Can Western Digital's SIT Lab Expansion Boost Its Competitive Edge?
Yahoo • Oct 15, 2025 • Neutral

WDC's expanded SIT Lab aims to accelerate product development and strengthen its edge in the fast-evolving AI and cloud storage market.

Sentra Expands Data Security Platform with On-Premises Scanners for Hybrid and Private Environments
Yahoo • Oct 15, 2025 • Neutral

Sentra, the global leader in cloud-native data security for the AI era, today announced the launch of its on-premises data scanners, extending the reach of its platform beyond the cloud to hybrid and private environments. With this release, organizations can now discover and classify sensitive data stored in traditional fileshares such as NetApp ONTAP, Windows Servers and Unix systems, using protocols including SMB and NFS. The scanners also extend coverage to more than a dozen enterprise databa

NetApp Launches Enterprise-Grade Data Platform to Power AI Innovation
Yahoo • Oct 15, 2025 • Neutral

NTAP's new AFX and AIDE offerings redefine enterprise data infrastructure, enabling secure, scalable and AI-ready performance across hybrid clouds.

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