NetApp Inc (NTAP)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 10,823,000 | 8,989,000 | 9,004,000 | 9,311,000 | 9,887,000 | 9,887,000 | 9,369,000 | 9,369,000 | 9,073,000 | 9,073,000 | 9,270,000 | 9,270,000 | 9,818,000 | 9,818,000 | 9,710,000 | 9,710,000 | 9,780,000 | 9,780,000 | 9,544,000 | 9,544,000 |
| Operating ROA | 12.35% | 15.07% | 15.09% | 14.82% | 14.81% | 14.18% | 14.30% | 12.30% | 10.62% | 10.68% | 10.51% | 10.44% | 9.80% | 9.52% | 9.35% | 10.21% | 10.98% | 11.21% | 11.60% | 12.29% |
April 30, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,337,000K ÷ $10,823,000K
= 12.35%
NetApp Inc has shown a fluctuating trend in its operating return on assets (operating ROA) over the reported periods. The operating ROA started at 12.29% in July 2022, decreased to 9.35% in January 2023, then slightly increased before peaking at 15.09% in October 2024. However, the operating ROA dropped to 12.35% in April 2025. Overall, NetApp Inc's operating ROA has shown some volatility, indicating varying levels of operational efficiency and profitability in utilizing its assets to generate operating income. Investors and stakeholders may want to closely monitor this ratio to assess the company's performance and financial health.
Peer comparison
Apr 30, 2025