NetApp Inc (NTAP)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,383,000 | 1,409,000 | 1,419,000 | 1,441,000 | 1,524,000 | 1,459,000 | 1,394,000 | 1,198,000 | 1,002,000 | 1,001,000 | 1,000,000 | 991,000 | 982,000 | 973,000 | 964,000 | 1,057,000 | 1,150,000 | 1,117,000 | 1,084,000 | 1,120,000 |
| 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 |
| Pretax margin | 21.04% | 21.65% | 21.77% | 22.29% | 23.40% | 22.76% | 22.11% | 19.54% | 16.82% | 16.75% | 16.68% | 16.28% | 15.88% | 15.53% | 15.19% | 16.49% | 17.76% | 17.20% | 16.65% | 17.15% |
April 30, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,383,000K ÷ $6,572,000K
= 21.04%
The pretax margin of NetApp Inc has shown some fluctuations over the past few years. Starting from around 17% in July 2022, the pretax margin decreased slightly to about 16% by January 2023. There was a further decline to around 15.5% in April 2023.
However, from July 2023 onwards, the pretax margin started to pick up, increasing steadily to reach a peak of over 23% by April 2024. This significant improvement in profitability was sustained for some time before experiencing a slight dip to around 21% by April 2025.
Overall, the trend in NetApp Inc's pretax margin has been positive in recent years, indicating the company's ability to efficiently manage its costs and generate profits before taxes.
Peer comparison
Apr 30, 2025