NetApp Inc (NTAP)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,337,000 | 1,355,000 | 1,359,000 | 1,380,000 | 1,464,000 | 1,402,000 | 1,340,000 | 1,152,000 | 964,000 | 969,000 | 974,000 | 968,000 | 962,000 | 935,000 | 908,000 | 991,000 | 1,074,000 | 1,096,000 | 1,107,000 | 1,173,000 |
| 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 |
| Operating profit margin | 20.34% | 20.82% | 20.85% | 21.34% | 22.47% | 21.88% | 21.26% | 18.79% | 16.18% | 16.21% | 16.25% | 15.90% | 15.56% | 14.93% | 14.31% | 15.46% | 16.59% | 16.88% | 17.00% | 17.96% |
April 30, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,337,000K ÷ $6,572,000K
= 20.34%
NetApp Inc's operating profit margin has exhibited fluctuations over the period from July 29, 2022, to April 30, 2025. The margin started at 17.96% in July 2022, decreased slightly to 16.88% in October 2022, and then experienced a more significant decline to 14.31% by January 2023.
Subsequently, there was a gradual recovery with the operating profit margin increasing to 15.56% by April 2023. The margin continued to improve, reaching 16.25% in July 2023, but then dipped slightly to 16.18% by October 2023.
However, the company saw a substantial rise in its operating profit margin from January 2024 onwards. The margin surged to 21.26% in January 2024 and continued to increase, peaking at 22.47% in April 2024. This strong performance was followed by a slight decline to 20.85% by October 2024.
As of April 30, 2025, NetApp Inc's operating profit margin stood at 20.34%. Overall, the trend in the operating profit margin indicates some volatility in the earlier periods but a general upward trajectory with some fluctuations in the latter periods.
Peer comparison
Apr 30, 2025