NetApp Inc (NTAP)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 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 | 1,156,000 |
| 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 |
| Pretax margin | 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% | 17.64% |
January 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,409,000K ÷ $6,507,000K
= 21.65%
The pretax margin of NetApp Inc has shown a relatively stable trend over the past few quarters, ranging from 15.19% to 23.40%. There was a gradual increase in the pretax margin from January 2023 to April 2024, reaching its highest point at 23.40% in April 2024. However, there was a slight decline in the pretax margin in the subsequent quarters, with the margin standing at 21.65% as of January 2025. This indicates that NetApp Inc has been able to maintain healthy profitability levels before accounting for taxes, although there was a slight decrease in profitability towards the end of the period. Further analysis and comparison with industry standards may provide more insights into the company's performance.
Peer comparison
Jan 31, 2025