NetApp Inc (NTAP)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 1,148,000 | 1,142,000 | 1,115,000 | 1,088,000 | 991,000 | 1,074,000 | 1,096,000 | 1,107,000 | 1,173,000 | 1,239,000 |
| 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 |
| Operating profit margin | 20.82% | 20.85% | 21.34% | 22.47% | 21.88% | 21.26% | 18.79% | 16.18% | 16.21% | 16.25% | 18.86% | 18.47% | 17.80% | 17.15% | 15.46% | 16.59% | 16.88% | 17.00% | 17.96% | 18.91% |
January 31, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,355,000K ÷ $6,507,000K
= 20.82%
NetApp Inc's operating profit margin has shown fluctuations over the period from April 2022 to January 2025. The operating profit margin started at 18.91% in April 2022 and experienced some variations before reaching its lowest point of 15.46% in January 2023. Subsequently, the margin increased to 18.47% by April 2023, showcasing a recovery trend.
Despite the recovery, there were minor fluctuations in the following quarters, with the margin ranging between 16.18% and 21.26% by January 2024. Notably, the operating profit margin saw a significant increase to 22.47% by April 2024, marking a peak during the period under review. Following this peak, the margin slightly decreased to 20.82% by January 2025, indicating some level of stabilization.
Overall, the trend in NetApp Inc's operating profit margin reflects a mix of fluctuations and relatively stable periods, showcasing the company's ability to manage its operating expenses and generate profits from its core operations.
Peer comparison
Jan 31, 2025