NetApp Inc (NTAP)
Net profit margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 26, 2024 | Jan 31, 2024 | Jan 26, 2024 | Oct 31, 2023 | Oct 27, 2023 | Jul 31, 2023 | Jul 28, 2023 | Apr 30, 2023 | Apr 28, 2023 | Jan 31, 2023 | Jan 27, 2023 | Oct 31, 2022 | Oct 28, 2022 | Jul 31, 2022 | Jul 29, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,137,000 | 1,129,000 | 1,143,000 | 1,208,000 | 1,150,000 | 1,092,000 | 928,000 | 764,000 | 776,000 | 788,000 | 704,000 | 620,000 | 1,125,000 | 1,630,000 | 1,779,000 | 1,928,000 | 1,437,000 | 946,000 | 984,000 | 1,022,000 |
| Revenue (ttm) | US$ in thousands | 6,507,000 | 6,518,000 | 6,466,000 | 6,514,000 | 6,409,000 | 6,304,000 | 6,130,000 | 5,957,000 | 5,976,000 | 5,994,000 | 6,088,000 | 6,182,000 | 6,264,000 | 6,345,000 | 6,411,000 | 6,475,000 | 6,494,000 | 6,510,000 | 6,532,000 | 6,553,000 |
| Net profit margin | 17.47% | 17.32% | 17.68% | 18.54% | 17.94% | 17.32% | 15.14% | 12.83% | 12.99% | 13.15% | 11.56% | 10.03% | 17.96% | 25.69% | 27.75% | 29.78% | 22.13% | 14.53% | 15.06% | 15.60% |
January 31, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,137,000K ÷ $6,507,000K
= 17.47%
NetApp Inc's net profit margin, which represents the percentage of revenue that translates into net income, has shown some fluctuations over the period under consideration.
The net profit margin stood at 15.60% in April 2022 and slightly decreased to 15.06% in July 2022. There was a further decline to 14.53% in July 2022. However, the trend reversed in the subsequent periods, with notable increases in October 2022 (22.13%) and January 2023 (27.75%).
The net profit margin then experienced a slight dip to 25.69% in January 2023, followed by a decrease to 17.96% in April 2023 and a notable drop to 10.03% in the following quarter. The margin improved to 11.56% in July 2023 and 13.15% in October 2023.
Subsequently, the net profit margin remained relatively stable, ranging from 12.83% in October 2023 to 18.54% in April 2024. In the latest reported period, January 2025, the net profit margin stood at 17.47%.
Overall, NetApp Inc's net profit margin has shown variability over the period, with some fluctuations reflecting changes in the company's profitability and efficiency in generating earnings from its revenue streams. It is essential for stakeholders to monitor these fluctuations to assess the company's financial health and performance.
Peer comparison
Jan 31, 2025