NetApp Financial Statements From 2010 to 2022

NTAP
 Stock
  

USD 74.49  0.14  0.19%   

NetApp financial statements provide useful quarterly and yearly information to potential NetApp Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on NetApp financial statements helps investors assess NetApp's valuation, profitability, and current liquidity needs.
There are currently sixty-two fundamental ratios for NetApp that can be evaluated and compared over time across peers in the industry. Make sure you check NetApp's last-minute fundamentals against the trend between 2010 and 2022 to make sure the company can sustain itself down the road.
As of 16th of August 2022, Average Assets is likely to grow to about 8.5 B. Also, Earnings before Tax is likely to grow to about 710.1 M.
  
Check NetApp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NetApp main balance sheet or income statement drivers, such as Direct Expenses of 2.1 B, Consolidated Income of 568.5 M or Cost of Revenue of 2.1 B, as well as many exotic indicators such as Interest Coverage of 16.31, Long Term Debt to Equity of 3.52 or Calculated Tax Rate of 20.29. NetApp financial statements analysis is a perfect complement when working with NetApp Valuation or Volatility modules. It can also supplement NetApp's financial leverage analysis and stock options assessment as well as various NetApp Technical models . Additionally, see the analysis of NetApp Correlation against competitors.

NetApp Revenues

6.35 Billion

NetApp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets10.2 B10 B8.8 B
Increasing
Very volatile
Cash and Equivalents4.5 B4.1 B2.7 B
Increasing
Slightly volatile
InvestmentsB1.9 B1.9 B
Decreasing
Slightly volatile
Investments CurrentB1.8 B1.8 B
Decreasing
Slightly volatile
Investments Non Current65.1 M65.5 M71.7 M
Decreasing
Slightly volatile
Deferred Revenue2.9 B2.2 B3.2 B
Decreasing
Slightly volatile
Property Plant and Equipment Net769.2 M724 M852.5 M
Decreasing
Slightly volatile
Inventory144.6 M129.8 M141.7 M
Decreasing
Slightly volatile
Trade and Non Trade Receivables772.8 M542.2 M811.3 M
Decreasing
Stable
Trade and Non Trade Payables302.2 M212.3 M326.9 M
Increasing
Very volatile
Goodwill and Intangible Assets1.2 B812 M1.3 B
Increasing
Very volatile
Total Liabilities9.4 B9.2 B7.2 B
Increasing
Slightly volatile
Shareholders Equity801.6 M838 M1.6 B
Decreasing
Slightly volatile
Accumulated Retained Earnings Deficit1.5 B1.8 B733.8 M
Increasing
Slightly volatile
Accumulated Other Comprehensive Income2.7 M2.5 M(24.8 M)
Increasing
Slightly volatile
Current Assets6.3 B5.9 B5.6 B
Decreasing
Slightly volatile
Assets Non Current2.8 B2.3 B2.8 B
Decreasing
Very volatile
Current Liabilities3.9 BB3.3 B
Increasing
Slightly volatile
Liabilities Non Current2.9 B2.4 B3.2 B
Decreasing
Slightly volatile
Total Debt1.6 B1.3 B1.5 B
Decreasing
Very volatile
Debt Current784.5 M764.1 M586 M
Increasing
Slightly volatile
Debt Non Current1.2 B1.3 B1.3 B
Decreasing
Slightly volatile
Shareholders Equity USD2.4 B2.3 BB
Decreasing
Slightly volatile
Cash and Equivalents USD2.4 BB2.2 B
Increasing
Slightly volatile
Total Debt USD1.6 B1.3 B1.5 B
Decreasing
Very volatile
Accounts Payable540.5 M607 M407.8 M
Increasing
Slightly volatile
Receivables1.1 B1.2 B951.1 M
Increasing
Slightly volatile
Inventories167.4 M204 M156.4 M
Increasing
Slightly volatile

NetApp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues6.3 B6.3 B5.9 B
Decreasing
Very volatile
Cost of Revenue2.1 B1.6 BB
Decreasing
Slightly volatile
Selling General and Administrative Expense2.1 B1.8 BB
Decreasing
Slightly volatile
Research and Development Expense790.1 M616.1 M829 M
Decreasing
Slightly volatile
Operating Expenses2.8 B2.3 B2.8 B
Decreasing
Slightly volatile
Interest Expense88.2 M85.2 M76.1 M
Increasing
Slightly volatile
Income Tax Expense55 M53.6 M118.9 M
Decreasing
Slightly volatile
Consolidated Income568.5 M460.5 M640.3 M
Increasing
Very volatile
Net Income877.4 M937 M742 M
Increasing
Slightly volatile
Net Income Common Stock568.5 M460.5 M640.3 M
Increasing
Very volatile
Weighted Average Shares234.2 M223 M262.1 M
Decreasing
Slightly volatile
Weighted Average Shares Diluted239.5 M229 M266.6 M
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT766.8 M599.3 M782.5 M
Increasing
Very volatile
Revenues USD5.7 B4.5 B5.5 B
Decreasing
Slightly volatile
Net Income Common Stock USD568.5 M460.5 M640.3 M
Increasing
Very volatile
Earning Before Interest and Taxes USD766.8 M599.3 M782.5 M
Increasing
Very volatile
Gross Profit3.6 B2.9 B3.6 B
Decreasing
Slightly volatile
Operating Income1.1 B1.2 B884.7 M
Increasing
Slightly volatile
Direct Expenses2.1 B2.1 B2.1 B
Decreasing
Slightly volatile

NetApp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Investment Acquisitions and Disposals(1 B)(989.3 M)58.5 M
Increasing
Very volatile
Issuance Repayment of Debt Securities 825.4 M765 M329.3 M
Increasing
Very volatile
Issuance Purchase of Equity Shares191.4 M177.4 M(947.2 M)
Increasing
Slightly volatile
Net Cash Flow from Investing(284.2 M)(561 M)32.5 M
Increasing
Slightly volatile
Net Cash Flow from Operations1.3 B1.2 B1.2 B
Decreasing
Stable
Effect of Exchange Rate Changes on Cash 3.5 M3.2 M(35 M)
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents204.7 M189.7 M33.5 M
Increasing
Slightly volatile
Share Based Compensation164.8 M143.8 M194.5 M
Decreasing
Slightly volatile
Depreciation Amortization and Accretion184.1 M149.4 M250.3 M
Decreasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share3.944.22.9994
Increasing
Slightly volatile
Earnings per Diluted Share3.854.092.9525
Increasing
Slightly volatile
Earnings per Basic Share USD1.821.362.3851
Increasing
Very volatile
Dividends per Basic Common Share1.020.831.1901
Increasing
Slightly volatile
Return on Average Equity14812383.567
Increasing
Slightly volatile
Return on Average Assets9.649.66688.4156
Increasing
Slightly volatile
Return on Invested Capital0.270.220.3848
Increasing
Stable
Gross Margin70.1166.793365.4961
Increasing
Slightly volatile
Profit Margin14.514.830612.7342
Increasing
Slightly volatile
EBITDA Margin22.5921.446719.6088
Increasing
Slightly volatile
Return on Sales0.150.150.1448
Increasing
Slightly volatile
Asset Turnover0.70.65360.6645
Increasing
Slightly volatile
Payout Ratio0.961.060.577
Increasing
Slightly volatile
Enterprise Value over EBITDA12.6614.499.9818
Increasing
Slightly volatile
Enterprise Value over EBIT16.7618.913.2045
Increasing
Stable
Price to Earnings Ratio37.9133.7920.2767
Increasing
Slightly volatile
Sales per Share28.3528.409723.1112
Increasing
Slightly volatile
Price to Sales Ratio2.412.72.0439
Increasing
Slightly volatile
Price to Book Value7.715.4317.7786
Increasing
Stable
Debt to Equity Ratio3.683.14562.7557
Increasing
Slightly volatile
Dividend Yield0.03160.03450.0316
Increasing
Slightly volatile
Current Ratio1.711.50391.779
Decreasing
Slightly volatile
Free Cash Flow per Share5.934.42924.2036
Increasing
Slightly volatile
Book Value per Share7.296.716.2104
Decreasing
Slightly volatile
Tangible Assets Book Value per Share24.9319.624.3508
Decreasing
Slightly volatile
Total Assets Per Share46.1845.572735.5861
Increasing
Slightly volatile
Cash Flow Per Share6.065.50454.7676
Increasing
Slightly volatile
Return on Investment37.5134.074531.166
Increasing
Slightly volatile
Operating Margin17.6518.312815.122
Increasing
Slightly volatile
Calculated Tax Rate20.2914.429217.1237
Decreasing
Slightly volatile
Receivables Turnover6.175.82566.1665
Decreasing
Slightly volatile
Inventory Turnover14.7913.19514.703
Decreasing
Slightly volatile
PPandE Turnover10.6711.24297.5679
Increasing
Slightly volatile
Cash and Equivalents Turnover1.61.46632.3074
Decreasing
Slightly volatile
Accounts Payable Turnover13.5312.337616.155
Decreasing
Slightly volatile
Accrued Expenses Turnover7.327.04328.5568
Decreasing
Slightly volatile
Interest Coverage16.3117.5303105
Decreasing
Slightly volatile
Long Term Debt to Equity3.522.84732.6977
Increasing
Slightly volatile
Quick Ratio1.561.35691.6057
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets24.7919.868324.956
Decreasing
Slightly volatile
Revenue to Assets0.650.63020.6744
Increasing
Very volatile

NetApp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax710.1 M514 M765.9 M
Decreasing
Very volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.4 B1.4 B1.1 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USDB790.2 MB
Decreasing
Stable
Market Capitalization11.2 B10.8 B10.6 B
Decreasing
Stable
Enterprise Value10.4 B10 B9.7 B
Decreasing
Very volatile
Invested Capital3.1 B2.9 B3.1 B
Decreasing
Slightly volatile
Average Equity2.3 BB2.1 B
Decreasing
Slightly volatile
Average Assets8.5 B6.7 B8.1 B
Decreasing
Slightly volatile
Invested Capital Average2.8 B2.5 B2.9 B
Decreasing
Slightly volatile
Tangible Asset ValueB5.2 B6.7 B
Decreasing
Slightly volatile
Free Cash Flow1.1 B965.3 MB
Decreasing
Slightly volatile
Working Capital2.5 B2.4 B2.4 B
Decreasing
Slightly volatile
Revenue Per Employee548.3 K527.9 K501 K
Increasing
Slightly volatile
Net Income Per Employee75.6 K78.3 K64 K
Increasing
Slightly volatile

NetApp Fundamental Market Drivers

Forward Price Earnings12.32
Short Percent Of Float3.92%
Average Daily Volume Last 10 Day825.3k
Shares Short Prior Month5.24M
Average Daily Volume In Three Month1.63M
Date Short Interest15th of July 2022
Fifty Day Average68.04
Two Hundred Day Average80.20

NetApp Upcoming Events

Upcoming Quarterly Report23rd of February 2022
Next Financial Report1st of June 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End1st of June 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

About NetApp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NetApp income statement, its balance sheet, and the statement of cash flows. NetApp investors use historical funamental indicators, such as NetApp's revenue or net income, to determine how well the company is positioned to perform in the future. Although NetApp investors may use each financial statement separately, they are all related. The changes in NetApp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NetApp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NetApp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NetApp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue2.2 B2.9 B
Cost of Revenue1.6 B2.1 B
Revenues6.3 B6.3 B
Revenue to Assets 0.63  0.65 
Revenue Per Employee527.9 K548.3 K
NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California. NetApp operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 12000 people.

NetApp Investors Sentiment

The influence of NetApp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in NetApp. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to NetApp's public news can be used to forecast risks associated with investment in NetApp. The trend in average sentiment can be used to explain how an investor holding NetApp can time the market purely based on public headlines and social activities around NetApp Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
NetApp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for NetApp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average NetApp's news discussions. The higher the estimate score, the more favorable is the investor's outlook on NetApp.

NetApp Implied Volatility

    
  65.74  
NetApp's implied volatility exposes the market's sentiment of NetApp Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if NetApp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that NetApp stock will not fluctuate a lot when NetApp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NetApp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NetApp's short interest history, or implied volatility extrapolated from NetApp options trading.

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Additionally, see the analysis of NetApp Correlation against competitors. Note that the NetApp Inc information on this page should be used as a complementary analysis to other NetApp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running NetApp Inc price analysis, check to measure NetApp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetApp is operating at the current time. Most of NetApp's value examination focuses on studying past and present price action to predict the probability of NetApp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move NetApp's price. Additionally, you may evaluate how the addition of NetApp to your portfolios can decrease your overall portfolio volatility.
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Is NetApp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NetApp. If investors know NetApp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NetApp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.22
Market Capitalization
16.5 B
Quarterly Revenue Growth YOY
0.08
Return On Assets
0.0776
Return On Equity
1.23
The market value of NetApp Inc is measured differently than its book value, which is the value of NetApp that is recorded on the company's balance sheet. Investors also form their own opinion of NetApp's value that differs from its market value or its book value, called intrinsic value, which is NetApp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NetApp's market value can be influenced by many factors that don't directly affect NetApp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NetApp's value and its price as these two are different measures arrived at by different means. Investors typically determine NetApp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetApp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.