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