NetApp Inc (NTAP)

Return on equity (ROE)

Apr 30, 2025 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
Net income (ttm) US$ in thousands 1,186,000 1,137,000 1,129,000 1,143,000 1,208,000 1,150,000 1,092,000 928,000 764,000 776,000 788,000 704,000 620,000 1,125,000 1,630,000 1,779,000 1,928,000 1,437,000 946,000 984,000
Total stockholders’ equity US$ in thousands 1,040,000 995,000 892,000 929,000 1,146,000 1,146,000 994,000 994,000 770,000 770,000 873,000 873,000 1,159,000 1,159,000 1,102,000 1,102,000 1,202,000 1,202,000 657,000 657,000
ROE 114.04% 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%

April 30, 2025 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,186,000K ÷ $1,040,000K
= 114.04%

NetApp Inc's return on equity (ROE) has shown fluctuations over the reported period. The ROE ranged from a high of 161.43% in January 2023 to a low of 53.49% in April 2023. The ROE remained above 100% for several quarters during the period, indicating that the company was generating significant profits relative to its shareholder equity.

However, there were some quarters where the ROE dropped significantly, such as in April 2023 and April 2024, which may raise concerns about the company's efficiency in utilizing its equity to generate returns.

Overall, NetApp Inc's ROE performance indicates strong profitability and efficient use of shareholder equity, though investors should monitor the fluctuations in ROE over time to assess the company's long-term financial health and sustainability.


Peer comparison

Apr 30, 2025