Skip to content

NetApp NTAP Return on assets

Return on assets at other companies

International Business Machines logo
International Business MachinesIBM
7.1%+3.3pp
Dell Technologies logo
Dell TechnologiesDELL
8.3%+2.9pp
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
2.1%-0.2pp
TD SYNNEX logo
TD SYNNEXSNX
3.1%+0.7pp
Snowflake logo
SnowflakeSNOW
-14.3%-2.5pp
Western Digital logo
Western DigitalWDC
41.5%+33.3pp

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$30.33B+20.1%
Enterprise value$30.99B+18.9%
P/E23.8×+2.5×
P/S4.4×+0.5×

Profitability

See full
Gross margin70.7%+0.6pp
Operating margin24.2%+3.8pp
Net margin18.4%+0.4pp

Returns & leverage

See full
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 trailing twelve months.

The official record: NetApp’s 10-K, filed June 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about NetApp's return on assets.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is NetApp's return on assets?
NetApp (NTAP) reported return on assets of 11.8% in Q1 2026.
How has NetApp's return on assets changed year-over-year?
NetApp's return on assets increased by 3.3% year-over-year, from 11.5% to 11.8%.
What is the long-term trend for NetApp's return on assets?
Over 5 years (2021 to 2026), NetApp's return on assets has grown at a 7.6% compound annual growth rate (CAGR), from 34.4% to 49.6%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.