NetApp Inc (NTAP)
Return on assets (ROA)
| Apr 30, 2025 | Apr 30, 2024 | Apr 26, 2024 | Apr 30, 2023 | Apr 28, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,186,000 | 986,000 | 986,000 | 1,274,000 | 1,274,000 |
| Total assets | US$ in thousands | 10,823,000 | 9,887,000 | 9,887,000 | 9,818,000 | 9,818,000 |
| ROA | 10.96% | 9.97% | 9.97% | 12.98% | 12.98% |
April 30, 2025 calculation
ROA = Net income ÷ Total assets
= $1,186,000K ÷ $10,823,000K
= 10.96%
The return on assets (ROA) for NetApp Inc has shown a stable performance between April 28, 2023, and April 30, 2023, with a consistent ROA of 12.98%. However, there was a slight decline in ROA to 9.97% as of April 26, 2024, which was maintained until April 30, 2024. In the most recent period, ending April 30, 2025, the ROA improved to 10.96%. Overall, NetApp Inc's ROA has displayed variations over the period analyzed, with a downward trend followed by a moderate recovery. This suggests that the company may have experienced some challenges impacting its profitability but managed to make improvements in its asset utilization efficiency in the most recent period.
Peer comparison
Apr 30, 2025