NetApp Inc Net Assets
NetApp Inc net assets. Based on the latest financial reports, NetApp Inc (NTAP) has net assets worth $986.00 Million USD as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.63 Billion) and total liabilities ($8.64 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore NTAP shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $986.00 Million |
| % of Total Assets | 10.24% |
| Annual Growth Rate | 11.99% |
| 5-Year Change | 51.82% |
| 10-Year Change | -63.9% |
| Growth Volatility | 61.21 |
Net Assets of NetApp Inc (1996–2025)
Net assets of NetApp Inc from 1996 to 2025. This chart illustrates how NetApp Inc's net assets have evolved over time, based on quarterly financial data. See NetApp Inc balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for NetApp Inc (1996–2025)
The table below shows the annual net assets of NetApp Inc from 1996 to 2025. For live market cap and overall valuation, see NTAP market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $1.04 Billion | -9.25% |
| 2024-04-30 | $1.15 Billion | -1.12% |
| 2023-04-30 | $1.16 Billion | +38.31% |
| 2022-04-30 | $838.00 Million | +22.34% |
| 2021-04-30 | $685.00 Million | +183.06% |
| 2020-04-30 | $242.00 Million | -77.80% |
| 2019-04-30 | $1.09 Billion | -47.27% |
| 2018-04-30 | $2.07 Billion | -25.65% |
| 2017-04-30 | $2.78 Billion | -3.51% |
| 2016-04-30 | $2.88 Billion | -15.61% |
| 2015-04-30 | $3.41 Billion | -9.83% |
| 2014-04-30 | $3.79 Billion | -19.74% |
| 2013-04-30 | $4.72 Billion | +8.29% |
| 2012-04-30 | $4.36 Billion | +13.30% |
| 2011-04-30 | $3.84 Billion | +51.94% |
| 2010-04-30 | $2.53 Billion | +52.22% |
| 2009-04-30 | $1.66 Billion | -2.23% |
| 2008-04-30 | $1.70 Billion | -14.51% |
| 2007-04-30 | $1.99 Billion | +3.41% |
| 2006-04-30 | $1.92 Billion | +15.81% |
| 2005-04-30 | $1.66 Billion | +17.30% |
| 2004-04-30 | $1.42 Billion | +43.40% |
| 2003-04-30 | $987.36 Million | +15.01% |
| 2002-04-30 | $858.48 Million | +6.72% |
| 2001-04-30 | $804.45 Million | +68.03% |
| 2000-04-30 | $478.75 Million | +61.89% |
| 1999-04-30 | $295.72 Million | +242.81% |
| 1998-04-30 | $86.27 Million | +59.66% |
| 1997-04-30 | $54.03 Million | +38.43% |
| 1996-04-30 | $39.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NetApp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 87400000.0% over the analyzed period, indicating profitable operations and earnings retention.
NetApp Inc Net Assets Breakdown (April 2025)
NetApp Inc net assets breakdown by equity component as of April 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.11 Billion | 106.35% |
| Other Comprehensive Income | $-66.00 Million | -6.35% |
| Total Equity | $1.04 Billion | 100.00% |
NetApp Inc Competitors by Market Cap
The table below lists competitors of NetApp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HAPAG-LLOYD UNSP.ADR 1/2
F:HLAA
|
$21.10 Billion |
|
JB Hunt Transport Services Inc
NASDAQ:JBHT
|
$21.10 Billion |
|
Tenaris SA ADR
NYSE:TS
|
$21.10 Billion |
|
HEICO Corporation
NYSE:HEI-A
|
$21.12 Billion |
|
InterGlobe Aviation Limited
NSE:INDIGO
|
$21.01 Billion |
|
International Consolidated Airlines Group S.A
MC:IAG
|
$21.00 Billion |
|
AMADEUS IT GRP ADR EO-001
F:AI3B
|
$21.00 Billion |
|
Helvetia Holding AG
SW:HBAN
|
$20.98 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NetApp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,146,000,000 to 1,040,000,000, a change of -106,000,000 (-9.2%).
- Net income of 1,186,000,000 contributed positively to equity growth.
- Dividend payments of 424,000,000 reduced retained earnings.
- Share repurchases of 1,150,000,000 reduced equity.
- Other comprehensive income decreased equity by 7,000,000.
- Other factors increased equity by 289,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.19 Billion | +114.04% |
| Dividends Paid | $424.00 Million | -40.77% |
| Share Repurchases | $1.15 Billion | -110.58% |
| Other Comprehensive Income | $-7.00 Million | -0.67% |
| Other Changes | $289.00 Million | +27.79% |
| Total Change | $- | -9.25% |
Book Value vs Market Value Analysis
This analysis compares NetApp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 38.34x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 1230.56x to 38.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-04-30 | $0.16 | $190.78 | x |
| 1997-04-30 | $0.20 | $190.78 | x |
| 1998-04-30 | $0.30 | $190.78 | x |
| 1999-04-30 | $0.95 | $190.78 | x |
| 2000-04-30 | $1.39 | $190.78 | x |
| 2001-04-30 | $2.24 | $190.78 | x |
| 2002-04-30 | $2.45 | $190.78 | x |
| 2003-04-30 | $2.82 | $190.78 | x |
| 2004-04-30 | $3.91 | $190.78 | x |
| 2005-04-30 | $4.34 | $190.78 | x |
| 2006-04-30 | $4.95 | $190.78 | x |
| 2007-04-30 | $5.12 | $190.78 | x |
| 2008-04-30 | $4.71 | $190.78 | x |
| 2009-04-30 | $4.97 | $190.78 | x |
| 2010-04-30 | $7.16 | $190.78 | x |
| 2011-04-30 | $9.77 | $190.78 | x |
| 2012-04-30 | $11.34 | $190.78 | x |
| 2013-04-30 | $12.82 | $190.78 | x |
| 2014-04-30 | $10.88 | $190.78 | x |
| 2015-04-30 | $10.65 | $190.78 | x |
| 2016-04-30 | $9.70 | $190.78 | x |
| 2017-04-30 | $9.89 | $190.78 | x |
| 2018-04-30 | $7.49 | $190.78 | x |
| 2019-04-30 | $4.21 | $190.78 | x |
| 2020-04-30 | $1.04 | $190.78 | x |
| 2021-04-30 | $3.03 | $190.78 | x |
| 2022-04-30 | $3.66 | $190.78 | x |
| 2023-04-30 | $5.27 | $190.78 | x |
| 2024-04-30 | $5.38 | $190.78 | x |
| 2025-04-30 | $4.98 | $190.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NetApp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 114.04%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.05%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 10.41x
- Recent ROE (114.04%) is above the historical average (41.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 16.91% | 14.15% | 1.03x | 1.16x | $2.70 Million |
| 1997 | 0.46% | 0.27% | 1.35x | 1.28x | $-5.15 Million |
| 1998 | 24.30% | 12.62% | 1.44x | 1.34x | $12.34 Million |
| 1999 | 12.04% | 12.30% | 0.84x | 1.17x | $6.04 Million |
| 2000 | 15.41% | 12.74% | 0.98x | 1.24x | $25.92 Million |
| 2001 | 9.31% | 7.44% | 0.97x | 1.29x | $-5.56 Million |
| 2002 | 0.35% | 0.38% | 0.72x | 1.29x | $-82.81 Million |
| 2003 | 7.75% | 8.57% | 0.68x | 1.34x | $-22.26 Million |
| 2004 | 10.74% | 13.00% | 0.62x | 1.33x | $10.50 Million |
| 2005 | 13.59% | 14.13% | 0.67x | 1.43x | $59.67 Million |
| 2006 | 13.85% | 12.89% | 0.63x | 1.70x | $74.11 Million |
| 2007 | 14.97% | 10.62% | 0.77x | 1.84x | $98.83 Million |
| 2008 | 18.22% | 9.38% | 0.81x | 2.39x | $139.70 Million |
| 2009 | 5.21% | 2.54% | 0.62x | 3.29x | $-79.69 Million |
| 2010 | 15.82% | 10.18% | 0.61x | 2.57x | $147.35 Million |
| 2011 | 17.51% | 13.14% | 0.60x | 2.21x | $288.62 Million |
| 2012 | 13.90% | 9.71% | 0.65x | 2.19x | $169.78 Million |
| 2013 | 10.71% | 7.98% | 0.56x | 2.38x | $33.55 Million |
| 2014 | 16.84% | 10.08% | 0.69x | 2.43x | $258.85 Million |
| 2015 | 16.40% | 9.14% | 0.65x | 2.75x | $218.49 Million |
| 2016 | 7.95% | 4.13% | 0.55x | 3.48x | $-59.10 Million |
| 2017 | 18.31% | 9.22% | 0.58x | 3.41x | $231.00 Million |
| 2018 | 3.68% | 1.29% | 0.60x | 4.77x | $-130.70 Million |
| 2019 | 107.25% | 19.02% | 0.70x | 8.02x | $1.06 Billion |
| 2020 | 338.43% | 15.13% | 0.72x | 31.08x | $794.80 Million |
| 2021 | 106.57% | 12.71% | 0.61x | 13.66x | $661.50 Million |
| 2022 | 111.81% | 14.83% | 0.63x | 11.96x | $853.20 Million |
| 2023 | 109.92% | 20.03% | 0.65x | 8.47x | $1.16 Billion |
| 2024 | 86.04% | 15.73% | 0.63x | 8.63x | $871.40 Million |
| 2025 | 114.04% | 18.05% | 0.61x | 10.41x | $1.08 Billion |
Industry Comparison
This section compares NetApp Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $160,758,774
- Average return on equity (ROE) among peers: -290.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NetApp Inc (NTAP) | $986.00 Million | 16.91% | 8.77x | $21.09 Billion |
| ACI Worldwide Inc (ACIW) | $59.70 Million | 6.37% | 0.68x | $5.27 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $228.44 Million | -65.37% | 0.13x | $563.46 Million |
| Aeva Technologies, Inc. Common Stock (AEVA) | $329.93 Million | -43.24% | 0.08x | $906.22 Million |
| Allied Gaming & Entertainment Inc. (AGAE) | $30.41 Million | -30.68% | 0.26x | $22.76 Million |
| Axe Compute Inc. (AGPU) | $11.23 Million | -172.65% | 0.99x | $31.41 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.82 Billion |
| Bitzero Holdings Inc. (AIBZ) | $42.65K | -26761.63% | 1.01x | $163.39 Million |
| All In FutureTech Alliance Inc. (AIFA) | $93.41 Million | -3.68% | 0.20x | $19.90 Million |
| AI Financial Corporation (AIFC) | $16.10 Million | -47.01% | 3.70x | $33.48 Million |
| iLearningEngines, Inc. (AILE) | $28.28K | 24250.25% | 3.12x | $59.29 Million |
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, NetA… Read more