NetApp Inc (NTAP)
Pretax margin
| Apr 26, 2024 | Jan 26, 2024 | Oct 27, 2023 | Jul 28, 2023 | Apr 28, 2023 | Jan 27, 2023 | Oct 28, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 29, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 30, 2020 | Jul 31, 2020 | Apr 24, 2020 | Jan 24, 2020 | Oct 25, 2019 | Jul 26, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,263,000 | 1,197,000 | 992,000 | 982,000 | 1,066,000 | 1,024,000 | 1,153,000 | 1,128,000 | 1,095,000 | 1,259,000 | 1,200,000 | 1,095,000 | 962,000 | 776,000 | 805,000 | 929,000 | 944,000 | 1,078,000 | 1,121,000 | 1,115,000 |
| Revenue (ttm) | US$ in thousands | 6,204,000 | 6,117,000 | 6,038,000 | 6,137,000 | 6,295,000 | 6,392,000 | 6,477,000 | 6,379,000 | 6,245,000 | 6,119,000 | 5,975,000 | 5,825,000 | 5,670,000 | 5,521,000 | 5,460,000 | 5,421,000 | 5,357,000 | 5,548,000 | 5,705,000 | 5,849,000 |
| Pretax margin | 20.36% | 19.57% | 16.43% | 16.00% | 16.93% | 16.02% | 17.80% | 17.68% | 17.53% | 20.58% | 20.08% | 18.80% | 16.97% | 14.06% | 14.74% | 17.14% | 17.62% | 19.43% | 19.65% | 19.06% |
April 26, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,263,000K ÷ $6,204,000K
= 20.36%
The pretax margin of NetApp Inc has shown some variability over the past few years, ranging from a low of 14.06% to a high of 20.58%. The trend appears to be relatively stable, with some fluctuations observed.
In recent quarters, the pretax margin has been around the range of 16% to 20%, indicating that the company has been effectively managing its operating expenses in relation to its pre-tax income.
The higher pretax margins in some periods suggest that NetApp Inc has been successful in generating profits before accounting for taxes. However, it is important to monitor any changes in the pretax margin over time to ensure the company's continued financial health and efficiency in operations.
Peer comparison
Apr 26, 2024