Netapp Inc
Research Netapp Inc (NTAP) on Bullrun: valuation model: 15.6% overvalued, market cap USD 46.88B, P/E 33.8, dividend yield 0.9%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerNTAP
- ExchangeNASDAQ
- CountryUnited States
- SectorTechnology
- IndustrySoftware-Infrastructure
- CurrencyUSD
- Valuation signal15.6% overvalued
- Market capUSD 46.88B
- P/E33.8
- Dividend yield0.9%
- 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 15.6% overvalued; latest market cap is USD 46.88B; P/E is 33.8; dividend yield is 0.9%.
Peer valuation comparison
Latest P/E is 33.76x versus a Technology sector median of 28.7x (17.6% above).
Latest dividend yield is 0.87% versus a Technology sector median of 1.8% (51.7% 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 | 2026-10-12 | USD 46.88B | 33.8 | 0.9% | 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 0.9%.
| 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. develops enterprise software, systems, and services to transform 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;
ETFs that hold Netapp Inc
Netapp Inc is one of the ten largest holdings of 13 ETFs that investors in Europe can buy. The 8 most traded of them:
Compare every fund on the same index:
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Frequently asked questions
Is Netapp Inc overvalued or undervalued?
Bullrun's valuation model currently marks Netapp Inc as 15.6% overvalued.
What is Netapp Inc's market cap?
Netapp Inc's market capitalization is USD 46.88B.
What is Netapp Inc's P/E ratio?
Netapp Inc's price-to-earnings (P/E) ratio is 33.8.
Does Netapp Inc pay a dividend?
Netapp Inc has a dividend yield of 0.9%.
What does Netapp Inc do?
NetApp, Inc. develops enterprise software, systems, and services to transform 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.