NetApp Past Earnings Performance

Past criteria checks 2/6

NetApp has been growing earnings at an average annual rate of 2.9%, while the Tech industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 2.1% per year. NetApp's return on equity is 94.6%, and it has net margins of 15.2%.

Key information

2.9%

Earnings growth rate

6.4%

EPS growth rate

Tech Industry Growth14.3%
Revenue growth rate2.1%
Return on equity94.6%
Net Margin15.2%
Next Earnings Update30 May 2024

Recent past performance updates

NetApp's (NASDAQ:NTAP) Soft Earnings Are Actually Better Than They Appear

Dec 07
NetApp's (NASDAQ:NTAP) Soft Earnings Are Actually Better Than They Appear

Recent updates

NetApp (NASDAQ:NTAP) Will Pay A Dividend Of $0.50

Mar 19
NetApp (NASDAQ:NTAP) Will Pay A Dividend Of $0.50

NetApp: AI Could Support More Upside - Initiating With A Buy

Mar 05

NetApp (NASDAQ:NTAP) Has Announced A Dividend Of $0.50

Mar 05
NetApp (NASDAQ:NTAP) Has Announced A Dividend Of $0.50

Results: NetApp, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 02
Results: NetApp, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

NetApp Q3 Earnings Preview: Key Things To Consider

Feb 28

Calculating The Fair Value Of NetApp, Inc. (NASDAQ:NTAP)

Feb 18
Calculating The Fair Value Of NetApp, Inc. (NASDAQ:NTAP)

NetApp, Inc. (NASDAQ:NTAP) Not Lagging Market On Growth Or Pricing

Jan 31
NetApp, Inc. (NASDAQ:NTAP) Not Lagging Market On Growth Or Pricing

Is Now The Time To Look At Buying NetApp, Inc. (NASDAQ:NTAP)?

Dec 25
Is Now The Time To Look At Buying NetApp, Inc. (NASDAQ:NTAP)?

NetApp's (NASDAQ:NTAP) Soft Earnings Are Actually Better Than They Appear

Dec 07
NetApp's (NASDAQ:NTAP) Soft Earnings Are Actually Better Than They Appear

NetApp (NASDAQ:NTAP) Seems To Use Debt Quite Sensibly

Nov 23
NetApp (NASDAQ:NTAP) Seems To Use Debt Quite Sensibly

Here's Why NetApp (NASDAQ:NTAP) Has Caught The Eye Of Investors

Nov 08
Here's Why NetApp (NASDAQ:NTAP) Has Caught The Eye Of Investors

NetApp, Inc. (NASDAQ:NTAP) Shares Could Be 29% Below Their Intrinsic Value Estimate

Oct 23
NetApp, Inc. (NASDAQ:NTAP) Shares Could Be 29% Below Their Intrinsic Value Estimate

NetApp (NASDAQ:NTAP) Will Pay A Dividend Of $0.50

Sep 23
NetApp (NASDAQ:NTAP) Will Pay A Dividend Of $0.50

NetApp, Inc.'s (NASDAQ:NTAP) CEO Looks Like They Deserve Their Pay Packet

Sep 07
NetApp, Inc.'s (NASDAQ:NTAP) CEO Looks Like They Deserve Their Pay Packet

NetApp (NASDAQ:NTAP) Has Affirmed Its Dividend Of $0.50

Aug 27
NetApp (NASDAQ:NTAP) Has Affirmed Its Dividend Of $0.50

Is Now An Opportune Moment To Examine NetApp, Inc. (NASDAQ:NTAP)?

Aug 15
Is Now An Opportune Moment To Examine NetApp, Inc. (NASDAQ:NTAP)?

If EPS Growth Is Important To You, NetApp (NASDAQ:NTAP) Presents An Opportunity

Jul 31
If EPS Growth Is Important To You, NetApp (NASDAQ:NTAP) Presents An Opportunity

Returns At NetApp (NASDAQ:NTAP) Are On The Way Up

Jul 16
Returns At NetApp (NASDAQ:NTAP) Are On The Way Up

NetApp (NASDAQ:NTAP) Is Paying Out A Dividend Of $0.50

Jun 23
NetApp (NASDAQ:NTAP) Is Paying Out A Dividend Of $0.50

Here's Why NetApp (NASDAQ:NTAP) Can Manage Its Debt Responsibly

Jun 20
Here's Why NetApp (NASDAQ:NTAP) Can Manage Its Debt Responsibly

NetApp (NASDAQ:NTAP) Is Due To Pay A Dividend Of $0.50

Jun 05
NetApp (NASDAQ:NTAP) Is Due To Pay A Dividend Of $0.50

An Intrinsic Calculation For NetApp, Inc. (NASDAQ:NTAP) Suggests It's 34% Undervalued

May 15
An Intrinsic Calculation For NetApp, Inc. (NASDAQ:NTAP) Suggests It's 34% Undervalued

NetApp (NASDAQ:NTAP) Might Have The Makings Of A Multi-Bagger

Apr 13
NetApp (NASDAQ:NTAP) Might Have The Makings Of A Multi-Bagger

Should You Think About Buying NetApp, Inc. (NASDAQ:NTAP) Now?

Mar 21
Should You Think About Buying NetApp, Inc. (NASDAQ:NTAP) Now?

NetApp (NASDAQ:NTAP) Seems To Use Debt Quite Sensibly

Mar 07
NetApp (NASDAQ:NTAP) Seems To Use Debt Quite Sensibly

NetApp, Inc.'s (NASDAQ:NTAP) Intrinsic Value Is Potentially 44% Above Its Share Price

Feb 08
NetApp, Inc.'s (NASDAQ:NTAP) Intrinsic Value Is Potentially 44% Above Its Share Price

With EPS Growth And More, NetApp (NASDAQ:NTAP) Makes An Interesting Case

Jan 26
With EPS Growth And More, NetApp (NASDAQ:NTAP) Makes An Interesting Case

Returns At NetApp (NASDAQ:NTAP) Are On The Way Up

Jan 12
Returns At NetApp (NASDAQ:NTAP) Are On The Way Up

NetApp (NASDAQ:NTAP) Is Paying Out A Dividend Of $0.50

Dec 28
NetApp (NASDAQ:NTAP) Is Paying Out A Dividend Of $0.50

NetApp (NASDAQ:NTAP) Is Due To Pay A Dividend Of $0.50

Dec 03
NetApp (NASDAQ:NTAP) Is Due To Pay A Dividend Of $0.50

What Is NetApp, Inc.'s (NASDAQ:NTAP) Share Price Doing?

Nov 24
What Is NetApp, Inc.'s (NASDAQ:NTAP) Share Price Doing?

Revenue & Expenses Breakdown
Beta

How NetApp makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:NTAP Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
26 Jan 246,1819402,1071,001
27 Oct 236,1016922,096982
28 Jul 236,2021,2092,106963
28 Apr 236,3621,2742,094956
27 Jan 236,4611,2882,137948
28 Oct 226,5491,4752,154938
29 Jul 226,4529492,149911
29 Apr 226,3189372,136881
28 Jan 226,1931,0122,097867
29 Oct 216,0499422,065862
30 Jul 215,8998552,023858
30 Apr 215,7447302,001881
29 Jan 215,5905921,932872
30 Oct 205,5246871,900868
31 Jul 205,4797931,859865
24 Apr 205,4128191,848847
24 Jan 205,6031,0191,904840
25 Oct 195,7629911,910832
26 Jul 195,9089891,929834
26 Apr 196,1461,1691,935827
25 Jan 196,1981,0631,941825
26 Oct 186,1743351,964815
27 Jul 186,0722681,977798
27 Apr 185,9191161,986783
26 Jan 185,756161,947771
27 Oct 175,6216411,901759
28 Jul 175,5465761,898765
28 Apr 175,4914811,922779
27 Jan 175,4183111,947789
28 Oct 165,4003181,990808
29 Jul 165,5053232,025824
29 Apr 165,5462292,099861
29 Jan 165,7063722,122893
30 Oct 155,8713962,179923
31 Jul 155,9694422,218936
24 Apr 156,1235602,197920
23 Jan 156,2326222,205918
24 Oct 146,2916372,205918
25 Jul 146,2986442,193917
25 Apr 146,3256382,179918
24 Jan 146,3936142,215930
25 Oct 136,4135802,229915
26 Jul 136,4045232,235911
26 Apr 136,3325052,247904

Quality Earnings: NTAP has high quality earnings.

Growing Profit Margin: NTAP's current net profit margins (15.2%) are lower than last year (20%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NTAP's earnings have grown by 2.9% per year over the past 5 years.

Accelerating Growth: NTAP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NTAP had negative earnings growth (-27.1%) over the past year, making it difficult to compare to the Tech industry average (10.8%).


Return on Equity

High ROE: Whilst NTAP's Return on Equity (94.57%) is outstanding, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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