NetApp Inc (NTAP)
Return on total capital
| Apr 30, 2025 | Apr 30, 2024 | Apr 26, 2024 | Apr 30, 2023 | Apr 28, 2023 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | 1,327,000 | 1,327,000 | 1,133,000 | 1,133,000 |
| Long-term debt | US$ in thousands | — | — | 1,992,000 | — | 2,389,000 |
| Total stockholders’ equity | US$ in thousands | 1,040,000 | 1,146,000 | 1,146,000 | 1,159,000 | 1,159,000 |
| Return on total capital | 0.00% | 115.79% | 42.29% | 97.76% | 31.93% |
April 30, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,040,000K)
= 0.00%
NetApp Inc's return on total capital has shown fluctuations over the periods provided. On April 28, 2023, the return on total capital was reported at 31.93%, indicating a moderate performance. This metric significantly improved to 97.76% by April 30, 2023, reflecting a substantial increase in the company's efficiency in generating returns from its total invested capital.
However, there was a decline in the return on total capital to 42.29% on April 26, 2024, which could signify a possible decrease in the company's profitability compared to the previous period. The metric then substantially rose to 115.79% by April 30, 2024, signaling a significant improvement in NetApp Inc's ability to generate returns on its total capital.
Notably, on April 30, 2025, the return on total capital dropped to 0.00%, indicating that the company may have faced challenges in generating returns on its total capital during that period. This drastic decrease warrants further investigation into the factors that impacted the company's profitability and efficiency in utilizing its total capital.
Peer comparison
Apr 30, 2025