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, NetA… Read more
Market Cap & Net Worth: NetApp Inc (NTAP)
NetApp Inc (NASDAQ:NTAP) has a market capitalization of $20.25 Billion ($20.25 Billion) as of March 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #968 globally and #756 in its home market, demonstrating a 1.17% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying NetApp Inc's stock price $102.24 by its total outstanding shares 198060348 (198.06 Million).
NetApp Inc Market Cap History: 2015 to 2026
NetApp Inc's market capitalization history from 2015 to 2026. Data shows growth from $4.16 Billion to $20.25 Billion (13.79% CAGR).
Index Memberships
NetApp Inc is a constituent of 3 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
ISE Cloud Computing
CPQ
|
$10.91 Trillion | 0.18% | #24 of 61 |
|
S&P 500 Index
GSPC
|
$53.10 Trillion | 0.04% | #351 of 503 |
|
NASDAQ Composite
IXIC
|
$33.26 Trillion | 0.06% | #134 of 3165 |
Weight: NetApp Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
NetApp Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how NetApp Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
3.23x
NetApp Inc's market cap is 3.23 times its annual revenue
24.41x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
17.88x
NetApp Inc's market cap is 17.88 times its annual earnings
17.83x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $5.67 Billion | $5.55 Billion | $229.00 Million | 1.02x | 24.78x |
| 2017 | $9.08 Billion | $5.52 Billion | $509.00 Million | 1.64x | 17.83x |
| 2018 | $9.95 Billion | $5.91 Billion | $76.00 Million | 1.68x | 130.97x |
| 2019 | $10.69 Billion | $6.15 Billion | $1.17 Billion | 1.74x | 9.15x |
| 2020 | $11.86 Billion | $5.41 Billion | $819.00 Million | 2.19x | 14.48x |
| 2021 | $16.90 Billion | $5.74 Billion | $730.00 Million | 2.94x | 23.15x |
| 2022 | $11.34 Billion | $6.32 Billion | $937.00 Million | 1.79x | 12.10x |
| 2023 | $17.14 Billion | $6.36 Billion | $1.27 Billion | 2.69x | 13.45x |
| 2024 | $22.99 Billion | $6.27 Billion | $986.00 Million | 3.67x | 23.32x |
| 2025 | $21.21 Billion | $6.57 Billion | $1.19 Billion | 3.23x | 17.88x |
Competitor Companies of NTAP by Market Capitalization
Companies near NetApp Inc in the global market cap rankings as of March 18, 2026.
Key companies related to NetApp Inc by market ranking:
- Microsoft Corporation (NASDAQ:MSFT): Ranked #6 globally with a market cap of $2.97 Trillion USD.
- Palantir Technologies Inc. Class A Common Stock (NYSE:PLTR): Ranked #40 globally with a market cap of $324.25 Billion USD.
- Palantir Technologies Inc. (NASDAQ:PLTR): Ranked #41 globally with a market cap of $321.50 Billion USD.
- Oracle Corporation (NYSE:ORCL): Ranked #54 globally with a market cap of $266.15 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #6 | Microsoft Corporation | NASDAQ:MSFT | $2.97 Trillion | $399.95 |
| #40 | Palantir Technologies Inc. Class A Common Stock | NYSE:PLTR | $324.25 Billion | $178.15 |
| #41 | Palantir Technologies Inc. | NASDAQ:PLTR | $321.50 Billion | $152.72 |
| #54 | Oracle Corporation | NYSE:ORCL | $266.15 Billion | $155.97 |
NetApp Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, NetApp Inc's market cap moved from $4.16 Billion to $ 20.25 Billion, with a yearly change of 13.79%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $20.25 Billion | -4.53% |
| 2025 | $21.21 Billion | -7.74% |
| 2024 | $22.99 Billion | +34.16% |
| 2023 | $17.14 Billion | +51.15% |
| 2022 | $11.34 Billion | -32.92% |
| 2021 | $16.90 Billion | +42.47% |
| 2020 | $11.86 Billion | +10.94% |
| 2019 | $10.69 Billion | +7.43% |
| 2018 | $9.95 Billion | +9.67% |
| 2017 | $9.08 Billion | +59.94% |
| 2016 | $5.67 Billion | +36.56% |
| 2015 | $4.16 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of NetApp Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $20.25 Billion USD |
| MoneyControl | $20.25 Billion USD |
| MarketWatch | $20.25 Billion USD |
| marketcap.company | $20.25 Billion USD |
| Reuters | $20.25 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.