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