NetApp Inc (NTAP)

Return on total capital

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
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 1,057,000 1,453,000 1,467,000 1,491,000 1,590,000 1,510,000 1,444,000 1,247,000 1,050,000 1,064,000 1,064,000 1,055,000 1,046,000 1,051,000 1,043,000 1,152,000 1,247,000 1,202,000 1,170,000 1,193,000
Long-term debt US$ in thousands 1,992,000 1,991,000 1,991,000 2,390,000 2,389,000 2,388,000 2,387,000 2,387,000
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
Return on total capital 101.63% 146.03% 164.46% 160.50% 138.74% 48.12% 145.27% 41.78% 136.36% 38.54% 121.88% 32.33% 90.25% 29.62% 94.65% 33.01% 103.74% 33.49% 178.08% 39.19%

April 30, 2025 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,057,000K ÷ ($—K + $1,040,000K)
= 101.63%

NetApp Inc's return on total capital has shown fluctuations over the periods analyzed. The ratios ranged from 29.62% to 178.08%, with an upward trend observed overall. The company's ability to generate earnings from its total capital has improved over time, as indicated by the increasing ratios recorded. This suggests that NetApp Inc has been effectively utilizing its capital to generate returns for its shareholders. However, the ratio experienced some volatility, reaching a peak of 178.08% in July 31, 2022, before fluctuating between 90%-160% in subsequent periods. Overall, the return on total capital for NetApp Inc reflects a positive trend, indicating efficient capital utilization and potential for generating profitable returns for investors.


Peer comparison

Apr 30, 2025