NetApp NTAP Asset turnover
Asset turnover at other companies
Other financials
Where this comes from
Calculated from NetApp’s reported figures.
Based on trailing twelve months.
The official record: NetApp’s 10-K, filed June 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is NetApp's asset turnover?
- NetApp (NTAP) reported asset turnover of 0.6× in Q1 2026.
- How has NetApp's asset turnover changed year-over-year?
- NetApp's asset turnover increased by 1.2% year-over-year, from 0.6× to 0.6×.
- What is the long-term trend for NetApp's asset turnover?
- Over 5 years (2021 to 2026), NetApp's asset turnover has grown at a 0.1% compound annual growth rate (CAGR), from 2.7× to 2.8×.
- What does asset turnover mean?
- How many sales dollars the company generates from each dollar of assets.
- How do you interpret asset turnover?
- Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
- How does asset turnover compare across companies?
- Compare within an industry — turnover differences across sectors reflect business models, not performance.