NetApp Financial Statements From 2010 to 2024

NTAP Stock  USD 105.22  0.50  0.48%   
NetApp financial statements provide useful quarterly and yearly information to potential NetApp Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on NetApp financial statements helps investors assess NetApp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting NetApp's valuation are summarized below:
Gross Profit
4.2 B
Profit Margin
0.1521
Market Capitalization
21.7 B
Enterprise Value Revenue
3.471
Revenue
6.2 B
There are currently one hundred twenty fundamental ratios for NetApp that can be evaluated and compared over time across peers in the industry. Investors and active traders are advised to check NetApp's last-minute fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction.
Check NetApp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NetApp main balance sheet or income statement drivers, such as Depreciation And Amortization of 640 M, Interest Expense of 282.6 M or Total Revenue of 3.9 B, as well as many exotic indicators such as Short Term Coverage Ratios of 25.84, Price Earnings Ratio of 21.58 or Price To Sales Ratio of 2.74. NetApp financial statements analysis is a perfect complement when working with NetApp Valuation or Volatility modules.
  
This module can also supplement NetApp's financial leverage analysis and stock options assessment as well as various NetApp Technical models . Check out the analysis of NetApp Correlation against competitors.

NetApp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets6.1 B11.3 B8.8 B
Pretty Stable
Short and Long Term Debt Total2.9 B2.7 B1.9 B
Slightly volatile
Other Current Liabilities978.1 M931.5 M713.6 M
Slightly volatile
Total Current Liabilities2.1 BB3.2 B
Slightly volatile
Total Stockholder Equity1.9 B1.3 B2.1 B
Slightly volatile
Property Plant And Equipment Net637.6 M747.5 M772.8 M
Pretty Stable
Current Deferred Revenue2.7 B2.6 B1.8 B
Slightly volatile
Accounts Payable233.6 M450.8 M353.8 M
Slightly volatile
Cash2.6 B2.7 B4.1 B
Slightly volatile
Non Current Assets Total6.2 B5.9 B3.5 B
Slightly volatile
Non Currrent Assets Other1.9 B1.8 B716.5 M
Slightly volatile
Cash And Short Term InvestmentsB3.5 B4.2 B
Pretty Stable
Net Receivables613.5 M1.1 B861.6 M
Slightly volatile
Common Stock Shares Outstanding255.4 M198 M276.5 M
Slightly volatile
Short Term Investments1.3 B867.1 M1.7 B
Slightly volatile
Liabilities And Stockholders Equity6.1 B11.3 B8.8 B
Pretty Stable
Non Current Liabilities Total6.3 BB3.7 B
Slightly volatile
Inventory201.7 M192.1 M141.1 M
Slightly volatile
Other Current Assets616.8 M524.4 M392 M
Slightly volatile
Total Liabilities10.5 B10 B7.1 B
Slightly volatile
Total Current AssetsB5.4 B5.6 B
Very volatile
Short Term Debt51.3 M54 M492.7 M
Slightly volatile
Common Stock1.1 B1.1 BB
Slightly volatile
Common Stock Total Equity750.9 M1.1 B1.1 B
Very volatile
Property Plant And Equipment Gross2.8 B2.6 B1.3 B
Slightly volatile
Other Liabilities3.1 B2.9 B2.2 B
Slightly volatile
Other Assets1.4 B1.4 B693 M
Slightly volatile
Property Plant Equipment741.8 M747.5 M782.6 M
Pretty Stable
Good Will3.3 B3.2 B1.7 B
Slightly volatile
Intangible Assets95.5 M162.9 M125.7 M
Pretty Stable
Warrants70.9 M56.3 M66.2 M
Slightly volatile
Capital Surpluse3.2 BB3.6 B
Slightly volatile
Deferred Long Term Liabilities100 M105.3 M833.4 M
Slightly volatile
Non Current Liabilities OtherB814.2 M931.7 M
Slightly volatile
Long Term Debt Total1.7 B2.7 B1.6 B
Slightly volatile
Short and Long Term Debt213.8 M225 M648.4 M
Slightly volatile
Long Term Investments21.1 M26.1 M27.4 M
Slightly volatile
Net Invested Capital2.6 B2.2 B3.7 B
Slightly volatile
Net Working Capital1.5 B1.1 B1.9 B
Slightly volatile
Capital Stock797.7 M1.1 B971.6 M
Slightly volatile

NetApp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization640 M609.5 M294.4 M
Slightly volatile
Total Revenue3.9 B7.3 B5.5 B
Slightly volatile
Gross Profit2.4 B4.8 B3.5 B
Slightly volatile
Other Operating Expenses3.4 BB4.7 B
Pretty Stable
Operating Income1.2 B1.2 B848.1 M
Slightly volatile
EBIT1.2 B1.2 B843.7 M
Slightly volatile
Research Development1.2 B1.1 B842.8 M
Slightly volatile
EBITDA1.9 B1.8 B1.1 B
Slightly volatile
Cost Of Revenue1.5 B2.5 BB
Pretty Stable
Total Operating Expenses1.9 B3.5 B2.7 B
Pretty Stable
Income Before Tax1.3 B1.2 B850.9 M
Slightly volatile
Net Income1.5 B1.5 B737.4 M
Slightly volatile
Selling General Administrative215.5 M304.8 M256.8 M
Slightly volatile
Net Income Applicable To Common Shares1.5 B1.5 B740 M
Slightly volatile
Selling And Marketing Expenses1.5 B2.1 B1.7 B
Slightly volatile
Net Income From Continuing Ops738.2 M1.5 B728.5 M
Slightly volatile
Non Recurring170.3 M162.2 M66.3 M
Slightly volatile
Interest Income39.3 M62.1 M47.3 M
Very volatile
Reconciled Depreciation229.9 M285.2 M222.3 M
Pretty Stable

NetApp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash FlowB4.7 B2.9 B
Slightly volatile
Depreciation164.4 M285.2 M231.5 M
Very volatile
Capital Expenditures168.7 M274.9 M197.3 M
Very volatile
Total Cash From Operating Activities869.1 M1.3 B1.1 B
Pretty Stable
Net Income1.5 B1.5 B737.4 M
Slightly volatile
End Period Cash Flow1.7 B2.7 B2.5 B
Slightly volatile
Stock Based Compensation376.7 M358.8 M232.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Short Term Coverage Ratios25.8427.204198.8571
Slightly volatile
Price Earnings Ratio21.5822.713918.195
Slightly volatile
Price To Sales Ratio2.742.88672.3699
Pretty Stable
Dividend Yield0.04410.02580.0443
Slightly volatile
Operating Cycle99.481.620487.5625
Very volatile
Price Book Value Ratio25.4224.206121.08
Slightly volatile
Days Of Payables Outstanding43.6979.471266.1326
Slightly volatile
Operating Cash Flow Per Share6.36.00454.4545
Slightly volatile
Dividend Payout Ratio0.560.58491.396
Slightly volatile
Price To Operating Cash Flows Ratio11.8212.43912.9528
Slightly volatile
Free Cash Flow Per Share4.984.753.8732
Slightly volatile
Price To Free Cash Flows Ratio14.8714.159816.5614
Slightly volatile
Pretax Profit Margin0.10.16750.154
Very volatile
Inventory Turnover11.516.921113.2705
Very volatile
Ebt Per Ebit0.740.93310.9877
Slightly volatile
Payables Turnover8.14.59295.9481
Slightly volatile
Operating Profit Margin0.10.17950.1531
Pretty Stable
Company Equity Multiplier14.3513.664214.7465
Pretty Stable
Long Term Debt To Capitalization0.830.79350.5992
Slightly volatile
Cash Per Share22.0521.004517.5931
Very volatile
Total Debt To Capitalization0.840.79650.6313
Slightly volatile
Interest Coverage14.6313.932413.1678
Pretty Stable
Return On Capital Employed0.110.17450.1854
Pretty Stable
Payout Ratio0.560.58491.396
Slightly volatile
Debt Equity Ratio4.113.91393.4017
Slightly volatile
Ebit Per Revenue0.10.17950.1531
Pretty Stable
Quick Ratio2.821.62462.03
Slightly volatile
Net Income Per E B T0.650.75880.8733
Slightly volatile
Cash Ratio1.511.33141.1979
Slightly volatile
Cash Conversion Cycle2.042.149217.8519
Slightly volatile
Operating Cash Flow Sales Ratio0.170.23210.1912
Very volatile
Days Of Inventory Outstanding33.5221.570828.5609
Pretty Stable
Days Of Sales Outstanding65.8860.049659.0016
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.520.87850.8175
Pretty Stable
Cash Flow Coverage Ratios0.470.49728.9618
Slightly volatile
Price To Book Ratio25.4224.206121.08
Slightly volatile
Current Ratio2.891.73841.8643
Slightly volatile
Fixed Asset Turnover7.8510.9418.1837
Pretty Stable
Price Cash Flow Ratio11.8212.43912.9528
Slightly volatile
Enterprise Value Multiple13.3314.02810.1221
Pretty Stable
Debt Ratio0.30.28640.2167
Slightly volatile
Cash Flow To Debt Ratio0.470.49728.9618
Slightly volatile
Price Sales Ratio2.742.88672.3699
Pretty Stable
Return On Assets0.08360.0780.101
Pretty Stable
Receivables Turnover5.036.07836.3028
Slightly volatile
Asset Turnover0.830.61370.7351
Slightly volatile
Net Profit Margin0.080.12710.1371
Slightly volatile
Gross Profit Margin0.50.66420.6396
Very volatile
Price Fair Value25.4224.206121.08
Slightly volatile
Return On Equity1.121.06571.5536
Pretty Stable

NetApp Fundamental Market Drivers

Forward Price Earnings15.1976
Cash And Short Term Investments3.1 B

NetApp Upcoming Events

28th of February 2024
Upcoming Quarterly Report
View
29th of May 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
29th of May 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
30th of April 2023
Last Financial Announcement
View

About NetApp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NetApp income statement, its balance sheet, and the statement of cash flows. NetApp investors use historical funamental indicators, such as NetApp's revenue or net income, to determine how well the company is positioned to perform in the future. Although NetApp investors may use each financial statement separately, they are all related. The changes in NetApp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NetApp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NetApp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NetApp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue2.6 B2.7 B
Total Revenue7.3 B3.9 B
Cost Of Revenue2.5 B1.5 B
Ebit Per Revenue 0.18  0.10 

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When determining whether NetApp Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NetApp Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Netapp Inc Stock. Highlighted below are key reports to facilitate an investment decision about Netapp Inc Stock:
Check out the analysis of NetApp Correlation against competitors.
Note that the NetApp Inc information on this page should be used as a complementary analysis to other NetApp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running NetApp's price analysis, check to measure NetApp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetApp is operating at the current time. Most of NetApp's value examination focuses on studying past and present price action to predict the probability of NetApp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetApp's price. Additionally, you may evaluate how the addition of NetApp to your portfolios can decrease your overall portfolio volatility.
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Is NetApp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NetApp. If investors know NetApp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NetApp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.933
Dividend Share
2
Earnings Share
4.39
Revenue Per Share
29.398
Quarterly Revenue Growth
0.052
The market value of NetApp Inc is measured differently than its book value, which is the value of NetApp that is recorded on the company's balance sheet. Investors also form their own opinion of NetApp's value that differs from its market value or its book value, called intrinsic value, which is NetApp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NetApp's market value can be influenced by many factors that don't directly affect NetApp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NetApp's value and its price as these two are different measures arrived at by different means. Investors typically determine if NetApp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetApp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.