NetApp, Inc. company logo
NetApp, Inc. logo

NetApp, Inc. (NTAP) Gross Margin

Annual Gross Margin

70.59%0.69%+0.99%

Summary

Current Value
As of today, NTAP annual gross margin is 70.59%, up +0.99% on
Historical Performance
NTAP annual gross margin is up +7.41% over the past 3 years, up +6.62% over the past 5 years
All-Time High Comparison
NTAP annual gross margin is currently at its all-time high
3-Year Low Comparison
NTAP annual gross margin is +7.41% above its 3-year low of 65.72% reached on an earlier date
Sector Comparison
NTAP annual gross margin is higher than 81.82% of companies in Technology sector

Gross Margin Chart

SUGGESTED SERIES

Performance

NTAP Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin70.59%+1.0%+7.4%+6.6%+8.8%
Quarterly Gross Margin70.02%+1.9%+3.7%+5.4%+8.1%
Price$161.61+57.0%+126.3%+93.8%+229.8%
PE Ratio25.42+40.3%+106.2%-1.9%-11.8%
Annual Revenue$6.92B+5.4%+8.9%+20.8%+35.1%
Annual Gross Profit$4.89B+6.4%+17.0%+28.8%+47.1%
Annual Operating Margin24.45%+12.8%+34.7%+51.2%+50.5%
Annual Net Margin18.43%+2.1%-8.0%+44.8%+40.3%

Gross Margin Highs

NTAP Annual Gross Margin Highs Comparison
PeriodHighDateCurrent
3Y70.59%at high
5Y70.59%at high
All70.59%at high

Gross Margin Lows

NTAP Annual Gross Margin Lows Comparison
PeriodLowDateCurrent
3Y65.72%N/A+7.4%
5Y65.72%+7.4%
All55.92%+26.2%

Gross Margin History

YearValueChange
70.59%+1.0%
69.90%-0.7%
70.36%+7.1%
65.72%-1.4%
66.62%+0.6%
66.21%-1.1%
66.94%+4.5%
64.03%+2.6%
62.38%+2.2%
61.04%+0.2%
60.92%-2.5%
62.50%+0.9%
61.94%+5.1%
58.91%-0.0%
58.92%-9.2%
64.89%+1.4%
YearValueChange
64.01%+8.5%
59.00%-2.9%
60.76%+0.3%
60.57%+0.1%
60.50%-0.0%
60.53%+0.5%
60.20%-1.7%
61.25%+6.4%
57.57%-2.3%
58.91%-0.6%
59.29%+0.2%
59.19%-0.3%
59.35%+0.2%
59.22%+5.9%
55.92%-

FAQ

  • What is the current annual gross margin of NTAP?

    As of today, NTAP annual gross margin is 70.59%

  • What is 1-year change in NTAP annual gross margin?

    NTAP annual gross margin is up +0.99% year-over-year

  • What is 3-year change in NTAP annual gross margin?

    NTAP annual gross margin is up +7.41% over the past 3 years

  • How far is NTAP annual gross margin from its all-time high?

    NTAP annual gross margin is currently at its all-time high

  • How does NTAP annual gross margin rank versus sector peers?

    NTAP annual gross margin is higher than 81.82% of companies in Technology sector

  • When is NTAP next annual earnings release?

    As of today, the next annual earnings release for NTAP has not been scheduled

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue
× 100%

Data Sources & References

  1. NTAP Official Website www.netapp.com
  2. NTAP Profile on Yahoo Finance finance.yahoo.com/quote/NTAP
  3. NTAP Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ntap