NetApp Inc (NTAP)

Net profit margin

Apr 30, 2025 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
Net income (ttm) US$ in thousands 1,186,000 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
Revenue (ttm) US$ in thousands 6,572,000 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
Net profit margin 18.05% 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%

April 30, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,186,000K ÷ $6,572,000K
= 18.05%

Net profit margin is a key financial metric that reveals how well a company is able to translate its revenue into profit. It is calculated by dividing net income by total revenue and is expressed as a percentage.

Analyzing the net profit margin of NetApp Inc over the past few quarters, we observe fluctuations in the profitability of the company. From July 2022 to October 2022, there was a significant increase in the net profit margin from 15.06% to 29.78%, indicating a period of improved profitability. However, there was a slight decline in the following quarter, with the margin decreasing to 25.69%.

Subsequently, the net profit margin experienced further volatility, dropping to as low as 10.03% in April 2023 before gradually recovering to 18.54% by April 2024. It is notable that the company maintained its margin above 15% from January 2024 onwards, indicating a relatively stable level of profitability.

Overall, while NetApp Inc has shown fluctuations in its net profit margin over the given period, the company has managed to maintain a reasonable level of profitability, with the margin consistently above 15% in recent quarters. It is essential for investors and stakeholders to continue monitoring this metric to gauge the company's financial performance and sustainability.


Peer comparison

Apr 30, 2025