NetApp Inc (NTAP)
Operating return on assets (Operating ROA)
| Apr 30, 2025 | Apr 30, 2024 | Apr 26, 2024 | Apr 30, 2023 | Apr 28, 2023 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,337,000 | 1,214,000 | 1,214,000 | 1,018,000 | 1,018,000 |
| Total assets | US$ in thousands | 10,823,000 | 9,887,000 | 9,887,000 | 9,818,000 | 9,818,000 |
| Operating ROA | 12.35% | 12.28% | 12.28% | 10.37% | 10.37% |
April 30, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $1,337,000K ÷ $10,823,000K
= 12.35%
The operating return on assets (ROA) for NetApp Inc has shown a consistent improvement over the years based on the provided data. The operating ROA was recorded at 10.37% as of April 28, 2023, and maintained the same level on April 30, 2023. Subsequently, there was a significant increase in operating ROA to 12.28% as of April 26, 2024, which was sustained until April 30, 2024. The latest data point of April 30, 2025, shows a slight uptick in operating ROA to 12.35%.
This upward trend in operating ROA indicates that NetApp Inc has been effectively generating operating profits relative to its asset base. It suggests that the company has been able to efficiently utilize its assets to generate earnings from its core operations. Investors and stakeholders may view this trend positively as it signifies improving operational efficiency and profitability levels within the company.
Peer comparison
Apr 30, 2025