NetApp, Inc. NTAP
Computer Hardware, Technology
$235.77
+3.20%
- Market cap
- $46.3B
- PE
- 33.3×
- 10y median 21.0×
- Forward PE
- Price to sales
- 6.3×
- EV/EBIT
- 24.5×
- Revenue, 12 months
- $7.4B
- +12% on a year ago
- Net margin
- 19.2%
- Free cash flow yield
- 3.6%
NetApp trades at 33.3× trailing earnings, pricier than 89% of the last ten years. Revenue was $7.4B over the last twelve months, up 12% on a year earlier with a 19% net margin.
Charts
Financials
| Income statement | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.6B | $1.6B | $1.7B | $1.5B | $1.7B+6% | $1.6B+2% | $1.7B+4% | $1.6B+1% | $1.7B+3% | $1.7B+4% | $1.9B+13% | $2B+30% | |
| Cost of revenue | $452M | $455M | $492M | $443M | $481M+6% | $496M+9% | $539M+10% | $461M+4% | $478M−1% | $504M+2% | $583M+8% | $606M+32% |
| Gross profit | $1.1B | $1.2B | $1.2B | $1.1B | $1.2B+6% | $1.1B−1% | $1.2B+1% | $1.1B+0% | $1.2B+4% | $1.2B+6% | $1.4B+14% | $1.4B+29% |
| R&D | $262M | $249M | $271M | $252M | $257M−2% | $247M−1% | $256M−6% | $242M−4% | $251M−2% | $237M−4% | $261M+2% | $274M+13% |
| SG&A | $536M | $520M | $538M | $546M | $562M+5% | $525M+1% | $543M+1% | $545M−0% | $554M−1% | $541M+3% | $573M+6% | $605M+11% |
| $304M | $366M | $366M | $282M | $345M+14% | $362M−1% | $348M−5% | $309M+10% | $399M+16% | $434M+20% | $532M+53% | $484M+57% | |
| Interest expense | $15M | $17M | $16M | $16M | $15M+0% | $12M−29% | $21M+31% | $29M+81% | $26M+73% | $26M+117% | $28M+33% | $29M+0% |
| Pre-tax income | $315M | $382M | $380M | $299M | $360M+14% | $370M−3% | $354M−7% | $304M+2% | $393M+9% | $433M+17% | $518M+46% | $484M+59% |
| $82M | $69M | $89M | $51M | $61M−26% | $71M+3% | $14M−84% | $71M+39% | $88M+44% | $99M+39% | $114M+714% | $109M+54% | |
| Net income | $233M | $313M | $291M | $248M | $299M+28% | $299M−5% | $340M+17% | $233M−6% | $305M+2% | $334M+12% | $404M+19% | $375M+61% |
| $1.10 | $1.48 | $1.37 | $1.17 | $1.42+29% | $1.44−3% | $1.65+20% | $1.15−2% | $1.51+6% | $1.67+16% | $2.03+23% | $1.88+64% | |
| 211M | 211M | 212M | 212M | 210M−1% | 208M−1% | 206M−3% | 203M−4% | 202M−4% | 200M−4% | 199M−3% | 200M−2% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Computer Hardware within ten times NetApp's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| NTAPNetApp, Inc. | $46.3B | 33.3× | 21.0× | 6.3× | +12% | 19.2% | |
| PEverpure, Inc. | $50.9B | 209× | 178× | 11.9× | +27% | 5.9% | |
| SMCISuper Micro Computer, Inc. | $29.5B | 13.8× | 18.4× | 0.8× | +78% | 5.7% | |
| HPQHP Inc. | $29.1B | 12.3× | 9.7× | 0.5× | +8% | 4.1% | |
| HPEHewlett Packard Enterprise Company | $95.7B | 37.5× | 18.1× | 2.3× | +27% | 6.7% | |
| WDCWestern Digital Corporation | $146.2B | 16.3× | 24.7× | 11.3× | +36% | 72.9% | |
| STXSeagate Technology Holdings plc | $183B | 58.1× | 15.9× | 15.0× | +34% | 26.1% | |
| SNDKSandisk Corporation | $247.8B | 22.9× | 24.5× | 12.2× | +175% | 56.5% | |
| ANETArista Networks, Inc. | $272.2B | 68.1× | 43.3× | 25.8× | +33% | 38.4% | |
| DELLDell Technologies Inc. | $368.1B | 33.6× | 19.8× | 2.4× | +49% | 7.5% | |
| Peer median | $146.2B | 33.6× | 19.8× | 11.3× | +34% | 7.5% |
About
- Industry
- Computer Hardware
- Sector
- Technology
Valuation data, not investment advice. Prices as of .