Netapp Inc
Research Netapp Inc (NTAP) on Bullrun: valuation model: 4.7% overvalued, market cap USD 36.74B, P/E 29.5, dividend yield 1.1%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerNTAP
- ExchangeNASDAQ
- CountryUnited States
- SectorTechnology
- IndustrySoftware-Infrastructure
- CurrencyUSD
- Valuation signal4.7% overvalued
- Market capUSD 36.74B
- P/E29.5
- Dividend yield1.1%
- Financial periodFY2026
- RevenueUSD 6.93B
- Revenue growth5.4%
- Net incomeUSD 1.28B
- Free cash flowUSD 1.87B
- Gross margin70.7%
Valuation Snapshot
Bullrun's latest valuation model marks Netapp Inc as 4.7% overvalued; latest market cap is USD 36.74B; P/E is 29.5; dividend yield is 1.1%.
Peer valuation comparison
Latest P/E is 29.48x versus a Technology sector median of 28.57x (3.2% above).
Latest dividend yield is 1.09% versus a Technology sector median of 1.65% (33.9% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2026 | USD 6.93B | USD 1.28B | USD 1.87B | 70.7% | 6.35 | USD 2.07B | USD 2.49B | USD 1.35B |
| FY2025 | USD 6.57B | USD 1.19B | USD 1.34B | 70.2% | 5.67 | USD 2.74B | USD 3.24B | USD 1.04B |
| FY2024 | USD 6.27B | USD 986.00M | USD 1.53B | 70.7% | 4.63 | USD 1.90B | USD 2.39B | USD 1.15B |
| FY2023 | USD 6.36B | USD 1.27B | USD 868.00M | 66.2% | 5.79 | USD 2.32B | USD 2.39B | USD 1.16B |
| FY2022 | USD 6.32B | USD 937.00M | USD 985.00M | 66.8% | 4.09 | USD 4.11B | USD 2.64B | USD 838.00M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 36.74B | 29.5 | 1.1% | 2.08 |
| 2025 | 2025-12-31 | USD 21.21B | 18.6 | 1.9% | 2.08 |
| 2024 | 2024-12-31 | USD 23.60B | 21.3 | 1.8% | 2.04 |
| 2023 | 2023-12-29 | USD 18.16B | 27.4 | 2.3% | 2 |
| 2022 | 2022-12-30 | USD 12.95B | 9.1 | 3.3% | 2 |
| 2021 | 2021-12-31 | USD 20.45B | 22.3 | 2.1% | 1.96 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 2.08 USD, yield 1.1%.
| Year | Dividends/share |
|---|---|
| FY2026 | 2.08 USD |
| FY2025 | 2.08 USD |
| FY2024 | 2 USD |
| FY2023 | 2 USD |
| FY2022 | 2 USD |
About Netapp Inc
NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hybrid Cloud and Public Cloud. The company offers data management software, such as NetApp ONTAP, ONTAP One, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, and NetApp SnapLock Data Compliance;
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Frequently asked questions
Is Netapp Inc overvalued or undervalued?
Bullrun's valuation model currently marks Netapp Inc as 4.7% overvalued.
What is Netapp Inc's market cap?
Netapp Inc's market capitalization is USD 36.74B.
What is Netapp Inc's P/E ratio?
Netapp Inc's price-to-earnings (P/E) ratio is 29.5.
Does Netapp Inc pay a dividend?
Netapp Inc has a dividend yield of 1.1%.
What does Netapp Inc do?
NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hybrid Cloud and Public Cloud.