NetApp Inc (NTAP)

Profitability ratios

Return on sales

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
Gross profit margin 70.52% 70.88% 71.05% 71.34% 71.59% 71.73% 71.24% 70.71% 69.90% 69.10% 68.12% 67.16% 66.48% 65.82% 65.84% 65.88% 65.69% 65.56% 65.75% 65.95%
Operating profit margin 20.82% 20.85% 21.34% 22.47% 21.88% 21.26% 18.79% 16.18% 16.21% 16.25% 18.86% 18.47% 17.80% 17.15% 15.46% 16.59% 16.88% 17.00% 17.96% 18.91%
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%
Net profit margin 17.47% 17.32% 17.68% 18.54% 17.94% 17.32% 15.14% 12.83% 12.99% 13.15% 11.56% 10.03% 17.96% 25.69% 27.75% 29.78% 22.13% 14.53% 15.06% 15.60%

NetApp Inc's profitability ratios have shown fluctuations over the periods presented.

- Gross profit margin has generally improved over time, reaching 70.52% as of January 31, 2025, indicating the company has been able to increase its profitability in terms of sales after deducting the cost of goods sold.

- Operating profit margin, on the other hand, has shown a mixed trend, with some periods showing improvement and others displaying a decline. It peaked at 22.47% on April 30, 2024, indicating the company's ability to generate profits from its core operations.

- Pretax margin has also displayed variability but generally ended at 21.65% as of January 31, 2025. This margin indicates the company's ability to generate profits before accounting for taxes.

- Net profit margin, which represents the company's bottom line profitability after all expenses have been deducted, has fluctuated but generally trended upward. As of January 31, 2025, NetApp Inc's net profit margin stood at 17.47%, showing the portion of revenue that translates into profit for shareholders.

Overall, NetApp Inc has demonstrated varying levels of profitability over the periods analyzed, with improvements in gross profit margin and net profit margin indicating positive performance, while fluctuations in operating profit and pretax margins suggest some volatility in the company's operational efficiency.


Return on investment

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
Operating return on assets (Operating ROA) 15.07% 15.09% 14.82% 14.81% 14.18% 14.30% 12.30% 10.62% 10.68% 10.51% 12.38% 11.63% 11.36% 11.20% 10.21% 10.98% 11.21% 11.60% 12.29% 12.36%
Return on assets (ROA) 12.65% 12.54% 12.28% 12.22% 11.63% 11.66% 9.91% 8.42% 8.55% 8.50% 7.59% 6.31% 11.46% 16.79% 18.32% 19.71% 14.69% 9.91% 10.31% 10.19%
Return on total capital 146.03% 164.46% 160.50% 138.74% 48.12% 145.27% 42.55% 139.35% 38.61% 122.11% 36.56% 102.16% 32.61% 104.26% 30.14% 95.42% 32.57% 173.06% 39.91% 149.40%
Return on equity (ROE) 114.27% 126.57% 123.04% 105.41% 100.35% 109.86% 93.36% 99.22% 100.78% 90.26% 80.64% 53.49% 97.07% 147.91% 161.43% 160.40% 119.55% 143.99% 149.77% 121.96%

NetApp Inc's profitability ratios show a consistent trend of improvement over the analyzed periods.

1. Operating return on assets (Operating ROA) has been fairly stable, ranging from 10.21% to 15.09%. This ratio indicates the company's ability to generate profits from its assets used in its core operations.

2. Return on assets (ROA) has shown fluctuation but generally increasing, varying from 6.31% to 19.71%. This ratio reflects the overall profitability of the company's assets.

3. Return on total capital has displayed a similar pattern, with a range of 30.14% to 173.06%. This ratio evaluates the efficiency of the company in generating returns from both equity and debt investments.

4. Return on equity (ROE) has also exhibited an upward trend, ranging from 53.49% to 161.43%. ROE indicates the return generated on shareholders' equity investment.

Overall, NetApp Inc's profitability ratios demonstrate a positive trajectory, with improvements in operational efficiency and profitability over the periods analyzed.