NetApp Inc (NTAP)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,040,000 | 1,146,000 | 1,146,000 | 1,159,000 | 1,159,000 |
| ROE | 114.04% | 86.04% | 86.04% | 109.92% | 109.92% |
April 30, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $1,186,000K ÷ $1,040,000K
= 114.04%
NetApp Inc's return on equity (ROE) has been fluctuating over the years. As of April 28, 2023, and April 30, 2023, the ROE was 109.92%, indicating strong profitability in relation to shareholders' equity. However, there was a decline to 86.04% as of April 26, 2024, and again on April 30, 2024. This reduction may raise concerns about the company's ability to generate returns for shareholders. The ROE improved significantly to 114.04% by April 30, 2025, reflecting enhanced profitability and efficiency in utilizing equity. Overall, despite the fluctuations, NetApp Inc has shown periods of strong ROE performance, highlighting its capacity to generate profits relative to shareholders' equity.
Peer comparison
Apr 30, 2025