NTAP
NetApp, Inc. (NTAP)
Last Price$95.7(4.1%)
Market Cap$20.0B
LTM EBITDA margin
26.2%
5Y avg
23.2%
Computer Hardware industry median
(7.6%)
Stock quality & Intrinsic value
7/10
0.0% undervalued

NetApp, Inc. EBITDA margin

Annual
Quarterly
LTM
Industry median
Company stand-alone
NTAP
Technology
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Apr'05Apr'06Apr'07Apr'08Apr'09Apr'10Apr'11Apr'12Apr'13Apr'14Apr'15Apr'16Apr'17Apr'18Apr'19Apr'20Apr'21Apr'22Apr'23Apr'24
EBITDA margin
21.4%
19.1%
17.2%
16.2%
7.1%
17.5%
20.2%
17.3%
15.8%
17.6%
16.7%
11.9%
17.1%
24.7%
24.8%
23.0%
22.5%
21.6%
22.5%
25.2%
NTAP
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NetApp, Inc. (NTAP) EBITDA margin comparison analysis

NTAP key stats

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Apr'05Apr'06Apr'07Apr'08Apr'09Apr'10Apr'11Apr'12Apr'13Apr'14Apr'15Apr'16Apr'17Apr'18Apr'19Apr'20Apr'21Apr'22Apr'23Apr'24
% growth
1,598.1
36.6%
2,066.5
29.3%
2,804.3
35.7%
3,303.2
17.8%
3,406.4
3.1%
3,931.4
15.4%
5,122.6
30.3%
6,233.2
21.7%
6,332.4
1.6%
6,325.1
(0.1%)
6,122.7
(3.2%)
5,546.0
(9.4%)
5,519.0
(0.5%)
5,911.0
7.1%
6,146.0
4.0%
5,412.0
(11.9%)
5,744.0
6.1%
6,318.0
10.0%
6,362.0
0.7%
6,268.0
(1.5%)
Cost of Goods Sold (COGS)623.1810.01,099.81,289.81,416.51,412.21,793.92,519.82,571.32,406.02,289.52,173.02,129.02,212.02,201.01,789.01,929.02,098.02,153.01,835.0
% margin
975.0
61.0%
1,256.5
60.8%
1,704.5
60.8%
2,013.4
61.0%
1,989.9
58.4%
2,519.2
64.1%
3,328.7
65.0%
3,713.4
59.6%
3,761.1
59.4%
3,919.1
62.0%
3,833.2
62.6%
3,373.0
60.8%
3,390.0
61.4%
3,699.0
62.6%
3,945.0
64.2%
3,623.0
66.9%
3,815.0
66.4%
4,220.0
66.8%
4,209.0
66.2%
4,433.0
70.7%
Operating Expenses722.1943.31,403.31,699.31,888.32,068.22,496.92,957.13,151.63,096.53,116.72,960.02,683.02,792.02,762.02,695.02,882.03,017.03,050.03,165.0
Research & Development Expenses (R&D)171.0243.0385.4452.2498.5535.7648.6828.2904.2917.3919.3861.0779.0783.0827.0847.0881.0881.0956.01,029.0
Selling, General & Administrative Expenses (SG&A)551.1700.31,043.31,247.11,389.81,532.51,848.32,128.92,247.42,179.22,197.42,099.01,904.02,009.01,935.01,848.02,001.02,136.02,094.02,136.0
253.2
15.8%
308.3
14.9%
301.2
10.7%
313.6
9.5%
47.2
1.4%
488.4
12.4%
824.3
16.1%
746.5
12.0%
607.8
9.6%
734.3
11.6%
716.5
11.7%
348.0
6.3%
665.0
12.0%
1,125.0
19.0%
1,221.0
19.9%
945.0
17.5%
1,031.0
17.9%
1,157.0
18.3%
1,018.0
16.0%
1,214.0
19.4%
Interest Income24.20.00.00.057.631.239.938.242.234.936.646.044.079.088.048.09.07.069.0112.0
Interest Expense0.00.00.00.026.974.175.974.791.736.142.049.052.062.058.055.074.073.0234.064.0
Pre-tax Income276.2350.3359.7382.744.8447.0794.1712.4566.6740.7712.8345.0665.01,166.01,268.0944.0962.01,095.01,066.01,263.0
% effective tax rate
50.5
18.3%
83.8
23.9%
62.0
17.2%
73.0
19.1%
(41.7)
(93.1%)
46.6
10.4%
121.0
15.2%
107.0
15.0%
61.3
10.8%
103.2
13.9%
152.9
21.5%
116.0
33.6%
156.0
23.5%
1,090.0
93.5%
99.0
7.8%
125.0
13.2%
232.0
24.1%
158.0
14.4%
(208.0)
(19.5%)
277.0
21.9%
% margin
225.8
14.1%
266.5
12.9%
297.7
10.6%
309.7
9.4%
86.5
2.5%
400.4
10.2%
673.1
13.1%
605.4
9.7%
505.3
8.0%
637.5
10.1%
559.9
9.1%
229.0
4.1%
509.0
9.2%
76.0
1.3%
1,169.0
19.0%
819.0
15.1%
730.0
12.7%
937.0
14.8%
1,274.0
20.0%
986.0
15.7%
EPS0.630.720.800.880.201.181.871.661.401.871.770.781.850.284.603.563.294.205.874.74
Diluted EPS0.590.690.770.860.191.131.711.581.371.831.750.771.810.284.513.523.234.095.794.63
% margin
341.9
21.4%
395.0
19.1%
482.2
17.2%
534.9
16.2%
242.2
7.1%
687.1
17.5%
1,035.6
20.2%
1,080.2
17.3%
1,002.9
15.8%
1,110.9
17.6%
1,023.7
16.7%
662.0
11.9%
943.0
17.1%
1,459.0
24.7%
1,523.0
24.8%
1,243.0
23.0%
1,295.0
22.5%
1,364.0
21.6%
1,434.0
22.5%
1,582.0
25.2%

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FAQ

1) What is NetApp, Inc.'s EBITDA margin?

As of today, Microsoft Corp's last 12-month EBITDA margin is 26.2%, based on the financial report for Jan 24, 2025 (Q1’2025). The average annual EBITDA margin for NetApp, Inc. have been 23.9% over the past three years, and 24.4% over the past five years.

2) Is NetApp, Inc.'s EBITDA margin Good?

As of today, NetApp, Inc.'s EBITDA margin is 26.2%, which is higher than industry median of (7.6%). It indicates that NetApp, Inc.'s EBITDA margin is Good.

3) How does NetApp, Inc.'s EBITDA margin compare to its peers?

As of today, NetApp, Inc.'s EBITDA margin is 26.2%, which is higher than peer median of 11.8%. The list of peers includes ANET, STX, WDC, LOGI, SMCI, HPQ, PSTG, DELL, RGTI, IONQ.