NetApp Operating Income from 2010 to 2023

NTAP Stock  USD 61.53  0.02  0.0325%   
NetApp Operating Income yearly trend continues to be relatively stable with very little volatility. Operating Income is likely to grow to about 1 B this year. During the period from 2010 to 2023, NetApp Operating Income destribution of quarterly values had r-value of  0.89 from its regression line and mean deviation of  135,578,142. NetApp Weighted Average Shares is relatively stable at the moment as compared to the past year. NetApp reported last year Weighted Average Shares of 222 Million. As of 03/24/2023, Weighted Average Shares Diluted is likely to grow to about 242.3 M, while Revenues is likely to drop slightly above 5.5 B.
  
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 Direct Expenses of 1.9 B, Consolidated Income of 741.6 M or Cost of Revenue of 1.9 B, as well as many exotic indicators such as Interest Coverage of 13.82, Long Term Debt to Equity of 4.14 or Calculated Tax Rate of 22.31. NetApp financial statements analysis is a perfect complement when working with NetApp Valuation or Volatility modules. It 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. To learn how to invest in NetApp Stock please use our How to Invest in NetApp guide.

NetApp Quarterly Operating Income

172 Million

NetApp Operating Income Breakdown

Showing smoothed Operating Income of NetApp Inc with missing and latest data points interpolated. Operating Income is the amount of profit realized from NetApp Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of NetApp Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Operating income is a measure of financial performance before the deduction of Interest Expense; Income Tax Expense and other Non-Operating items. It is calculated as Gross Profit minus Operating Expenses.NetApp's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NetApp's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Up
Slightly volatile
   Operating Income   
       Timeline  

NetApp Operating Income Regression Statistics

Arithmetic Mean905,809,398
Geometric Mean891,991,182
Coefficient Of Variation18.00
Mean Deviation135,578,142
Median945,000,000
Standard Deviation163,010,027
Range441,000,000
R-Value0.89
R-Squared0.79
Significance0.00002096
Slope34,649,034

NetApp Operating Income History

2023B
2022B
20201.2 B
2015945 M

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 Operating 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 2023
Operating IncomeBB
Net Income Per Employee65.3 K57.2 K

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Check out the analysis of NetApp Correlation against competitors. To learn how to invest in NetApp Stock please use our How to Invest in NetApp guide. 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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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
(0.73) 
Dividend Share
2
Earnings Share
5.65
Revenue Per Share
29.469
Quarterly Revenue Growth
(0.06) 
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 NetApp value 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.