NetApp, Inc. (NTAP) Enterprise Value (EV): $20.56B
The enterprise value (EV) for NetApp, Inc. (NTAP) is $20.56B as of Tuesday, June 9, 2026.
NTAP Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$20.56B
NTAP Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| NetApp, Inc. (NTAP) | — | $20.56B |
| ANSYS, Inc. (ANSS) | $32.91B | $28.85B |
| Twilio Inc. (TWLO) | $31.07B | $22.16B |
| Roblox Corporation (RBLX) | $30.79B | $56.31B |
| Fiserv, Inc. (FISV) | $28.81B | $65.20B |
| Workday, Inc. (WDAY) | $36.73B | $48.21B |
| Zoom Communications, Inc. (ZM) | $28.39B | $26.46B |
| MongoDB, Inc. (MDB) | $27.37B | $29.12B |
| Splunk Inc. (SPLK) | $26.44B | $27.25B |
| VeriSign, Inc. (VRSN) | $25.83B | $23.94B |
Enterprise Value Calculation
Market Cap
$32.68B
Total Debt
$2.53B
Cash
$2.07B
Enterprise Value
$20.56B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
NetApp, Inc. Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NetApp, Inc. Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for NetApp, Inc. (NTAP)?
- The enterprise value (EV) for NTAP stock is $20.56B.
Related Metrics
About NetApp, Inc.
NetApp, Inc. is a technology company focused on providing cloud-centric and data-driven services that enable businesses worldwide to efficiently manage and share their information across on-premises infrastructure, private cloud setups, and public cloud platforms. The company's operations are divided into two key segments: Hybrid Cloud and Public Cloud. NetApp offers an extensive suite of intelligent data management software, including its foundational NetApp ONTAP, NetApp Snapshot for data protection, NetApp SnapCenter for backup management, NetApp SnapMirror for data replication, NetApp SnapLock for data compliance, NetApp ElementOS software, and NetApp SANtricity software. Its storage infrastructure solutions comprise the NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod integrated systems, NetApp E/EF series, NetApp StorageGRID object storage, and NetApp SolidFire solutions. For cloud environments, NetApp delivers a wide array of cloud storage and data services such as NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and NetApp Cloud Volumes Service for Google Cloud. These are augmented by services like NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense for analytics, and NetApp Cloud Volumes Edge Cache. The company also provides cloud operations services, which include NetApp Cloud Insights, the Spot Ocean Kubernetes Suite, Spot Security, Spot Eco for cost optimization, and Spot CloudCheckr. Moreover, NetApp offers application-aware data management solutions under its NetApp Astra brand. Its service portfolio is rounded out by comprehensive professional and support services, encompassing strategic consulting, managed services, and dedicated support, in addition to assessment, design, implementation, and migration services. NetApp serves a broad spectrum of industries globally, including energy, financial services, government, technology, internet, life sciences, healthcare, manufacturing, media, entertainment, animation, video post-production, and telecommunications. The company reaches its clientele through a direct sales force and a robust network of partners. NetApp, Inc. was founded in 1992 and is headquartered in San Jose, California.
- Sector
- Technology
- Industry
- Computer Hardware
- CEO
- George Kurian