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