NetApp Inc (NTAP)
Operating profit margin
| Apr 26, 2024 | Jan 26, 2024 | Oct 27, 2023 | Jul 28, 2023 | Apr 28, 2023 | Jan 27, 2023 | Oct 28, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 29, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 30, 2020 | Jul 31, 2020 | Apr 24, 2020 | Jan 24, 2020 | Oct 25, 2019 | Jul 26, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,214,000 | 1,157,000 | 963,000 | 941,000 | 1,018,000 | 1,002,000 | 1,151,000 | 1,163,000 | 1,157,000 | 1,319,000 | 1,256,000 | 1,144,000 | 1,031,000 | 853,000 | 863,000 | 977,000 | 945,000 | 1,038,000 | 1,081,000 | 1,071,000 |
| Revenue (ttm) | US$ in thousands | 6,204,000 | 6,117,000 | 6,038,000 | 6,137,000 | 6,295,000 | 6,392,000 | 6,477,000 | 6,379,000 | 6,245,000 | 6,119,000 | 5,975,000 | 5,825,000 | 5,670,000 | 5,521,000 | 5,460,000 | 5,421,000 | 5,357,000 | 5,548,000 | 5,705,000 | 5,849,000 |
| Operating profit margin | 19.57% | 18.91% | 15.95% | 15.33% | 16.17% | 15.68% | 17.77% | 18.23% | 18.53% | 21.56% | 21.02% | 19.64% | 18.18% | 15.45% | 15.81% | 18.02% | 17.64% | 18.71% | 18.95% | 18.31% |
April 26, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,214,000K ÷ $6,204,000K
= 19.57%
The operating profit margin of NetApp Inc has displayed fluctuations over the past several quarters. The trend shows some variability in the margin, with values ranging from as low as 15.33% to as high as 21.56%. Despite the fluctuations, the operating profit margin has generally been at a healthy level, consistently above 15% in most periods.
The company's ability to generate profits from its core operations has been evident, as reflected in the operating profit margin figures. The margin has shown resilience, with some quarters performing better than others. It is important for NetApp Inc to continue monitoring and managing its operating expenses effectively to maintain a stable and competitive margin in the future.
Peer comparison
Apr 26, 2024