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NetApp NTAP PEG ratio

PEG ratio at other companies

International Business Machines logo
International Business MachinesIBM
0.2×
Dell Technologies logo
Dell TechnologiesDELL
0.2×-0.5×
Nutanix, Inc. logo
Nutanix, Inc.NTNX
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
3.5×
TD SYNNEX logo
TD SYNNEXSNX
0.3×-1.8×
Western Digital logo
Western DigitalWDC
0.1×

Other financials

Income statement

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Revenue$1.9B+12.5%
Gross profit$1.4B+14.4%
Operating income$532.0M+52.9%
Net income$404.0M+18.8%
EPS (diluted)$2.03+23.8%

Balance sheet

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Cash & equivalents$2.1B-24.5%
Total debt$2.7B-21.7%
Total equity$1.4B+29.9%
Total assets$10.7B-0.7%

Cash flow

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Operating cash flow$950.0M+40.7%
CapEx$50.0M+42.9%
Free cash flow$900.0M+40.6%

Valuation

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Market cap$31.29B+20.1%
Enterprise value$31.95B+18.9%
P/E24.5×+2.6×
P/S4.5×+0.6×

Profitability

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Gross margin70.7%+0.6pp
Operating margin24.2%+3.8pp
Net margin18.4%+0.4pp
FCF margin27%+6.6pp

Returns & leverage

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Return on equity106.7%-1.8pp
Debt / equity-1.3×
Current ratio1.4×+0.2×

Where this comes from

Calculated from NetApp’s reported figures.

Based on the most recent quarter.

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 PEG ratio?
NetApp (NTAP) reported PEG ratio of 2.3× in Q1 2026.
How has NetApp's PEG ratio changed year-over-year?
NetApp's PEG ratio increased by 198.4% year-over-year, from 0.8× to 2.3×.
What is the long-term trend for NetApp's PEG ratio?
Over 3 years (2022 to 2026), NetApp's PEG ratio has grown at a 54.4% compound annual growth rate (CAGR), from 0.6× to 2.3×.
What does PEG ratio mean?
The P/E ratio adjusted for how fast earnings are growing.
How do you interpret PEG ratio?
Around 1.0 is often cited as fairly valued for the growth on offer; below 1.0 can flag a growth bargain. Highly sensitive to the growth input and meaningless when growth is zero or negative.
How does PEG ratio compare across companies?
A rough cross-company growth-adjusted screen; treat as directional given its sensitivity to the (trailing) growth basis.