NTAP NetApp, Inc.

Price (delayed)

$41.19

Market cap

$9.14B

P/E Ratio

11.77

Dividend/share

$1.92

EPS

$3.5

Enterprise value

$8.29B

Sector: Technology
Industry: Computer Hardware
NetApp, Inc. provides software, systems, and services to manage and share data on-premises, and private and public clouds worldwide. The company offers cloud data services, including NetApp Cloud Volumes Service for AWS, NetApp Cloud Volumes ONTAP, NetApp Cloud Sync, NetApp Cloud Secure, NetApp Cloud Tiering, NetApp SaaS Backup, NetApp Kubernetes Service, and NetApp Cloud Insights. It also provides cloud infrastructure solutions, such as FlexPod, a portfolio of pre-validated designs and integration; NetApp HCI for public cloud consumption experience; and NetApp StorageGRID, a software-defined object-based storage solution. In addition, the company offers storage systems and software, including all-flash arrays that support data management; hybrid arrays to deploy the speed of flash storage; NetApp ONTAP storage operating system; NetApp ONTAP Select, which offers robust enterprise storage services; NetApp MAX Data; NetApp FlexArray storage virtualization software; NetApp OnCommand API Services; NetApp Active IQ software; NetApp data availability services; NetApp SnapCenter backup management software; NetApp SnapMirror data replication software; NetApp MetroCluster business continuity softwar; NetApp SnapLock data compliance software; NetApp SANtricity storage operating system; and NetApp Element operating system. Further, it provides software maintenance, hardware maintenance, and other services, including professional services, global support solutions, and customer education and training. It serves the energy, financial services, government, high technology, Internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners. The company was founded by David Hitz, James K. Lau and Michael Malcolm in April 1992 and is headquartered in Sunnyvale, CA.

Highlights

The stock's P/E is 64% below its 5-year quarterly average of 32.3 and 10% below its last 4 quarters average of 13.1
NTAP's quick ratio is up by 37% since the previous quarter and by 15% year-on-year
NTAP's equity has dropped by 67% year-on-year but it is up by 17% since the previous quarter
The company's debt has surged by 77% YoY and by 67% QoQ
NetApp's net income has decreased by 20% YoY and by 3.2% from the previous quarter

Key stats

What are the main financial stats of NTAP
Market
Shares outstanding
222.01M
Market cap
$9.14B
Enterprise value
$8.29B
Valuations
Price to earnings (P/E)
11.77
Price to book (P/B)
32.17
Price to sales (P/S)
1.66
EV/EBIT
8.93
EV/EBITDA
6.99
EV/Sales
1.51
Earnings
Revenue
$5.48B
EBIT
$929M
EBITDA
$1.19B
Free cash flow
$948M
Per share
EPS
$3.5
Free cash flow per share
$4.29
Book value per share
$1.28
Revenue per share
$24.79
TBVPS
$28.23
Balance sheet
Total assets
$8.42B
Total liabilities
$8.13B
Debt
$2.78B
Equity
$284M
Working capital
$1.84B
Liquidity
Debt to equity
9.79
Current ratio
1.62
Quick ratio
1.47
Net debt/EBITDA
-0.72
Margins
EBITDA margin
21.6%
Gross margin
67.1%
Net margin
14.5%
Operating margin
17.8%
Efficiency
Return on assets
10.3%
Return on equity
236%
Return on invested capital
58.8%
Return on capital employed
17.1%
Return on sales
17%
Dividend
Dividend yield
4.66%
DPS
$1.92
Payout ratio
54.9%

NTAP stock price

How has the NetApp stock price performed over time

Financial performance

How have NetApp's revenue and profit performed over time
Revenue
$5.48B
Gross profit
$3.68B
Operating income
$977M
Net income
$793M
Gross margin
67.1%
Net margin
14.5%
NetApp's net income has decreased by 20% YoY and by 3.2% from the previous quarter
The company's net margin fell by 13% YoY and by 4% QoQ
The operating income has declined by 9% year-on-year but it has increased by 3.4% since the previous quarter
NTAP's revenue is down by 7% year-on-year

Growth

What is NetApp's growth rate over time

Valuation

What is NetApp stock price valuation
P/E
11.77
P/B
32.17
P/S
1.66
EV/EBIT
8.93
EV/EBITDA
6.99
EV/Sales
1.51
The stock's P/E is 64% below its 5-year quarterly average of 32.3 and 10% below its last 4 quarters average of 13.1
The company's EPS fell by 11% YoY
The stock's P/B is 146% more than its 5-year quarterly average of 13.1 but 13% less than its last 4 quarters average of 36.8
NTAP's equity has dropped by 67% year-on-year but it is up by 17% since the previous quarter
NTAP's P/S is 25% less than its 5-year quarterly average of 2.2 and 21% less than its last 4 quarters average of 2.1
NTAP's revenue is down by 7% year-on-year

Efficiency

How efficient is NetApp business performance
The ROE has soared by 181% YoY and by 39% from the previous quarter
The ROIC has grown by 25% YoY but it has contracted by 17% from the previous quarter
The ROA is down by 13% year-on-year and by 4.6% since the previous quarter
The company's return on sales fell by 10% YoY and by 2.3% QoQ

Dividends

What is NTAP's dividend history
DPS
$1.92
Dividend yield
4.66%
Payout ratio
54.9%
Recent dividends

Financial health

How did NetApp financials performed over time
The company's total assets is 3.5% higher than its total liabilities
NTAP's quick ratio is up by 37% since the previous quarter and by 15% year-on-year
NetApp's current ratio has increased by 37% from the previous quarter and by 14% YoY
The company's debt has surged by 77% YoY and by 67% QoQ
NTAP's equity has dropped by 67% year-on-year but it is up by 17% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.