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NetApp, Inc. (NTAP) EV/Assets Ratio: 3.12x

Is NetApp, Inc.’s EV/Assets ratio high or low?

NetApp, Inc.'s EV/Assets ratio of 3.12x is 49% above its 5-year average of 2.10x, near the high end of its 5-year range (1.31x–3.74x).

The EV/Assets ratio for NetApp, Inc. (NTAP) is 3.12x as of Tuesday, June 9, 2026. It is above its 12-month average by 33.25% (2.34x).

NTAP EV/Assets Ratio Chart

NTAP EV/Assets Ratio
3.12x+53.69% 1Y
Zoom

NTAP Average EV/Assets Ratio Chart

NTAP Current vs Average EV/Assets Ratio Chart

NTAP EV/Assets Ratio Metrics

EV/ASSETS RATIO

3.12x

EV/ASSETS RATIO AVG TTM

2.34x

EV/ASSETS RATIO AVG 3Y

2.36x

EV/ASSETS RATIO AVG 5Y

2.10x

EV/ASSETS RATIO AVG 10Y

1.80x

EV/ASSETS RATIO AVG 15Y

1.63x

EV/ASSETS RATIO AVG 20Y

1.83x

CURRENT VS TTM AVG

+33.25%

CURRENT VS 3Y AVG

+31.94%

CURRENT VS 5Y AVG

+48.62%

CURRENT VS 10Y AVG

+73.17%

CURRENT VS 15Y AVG

+91.95%

CURRENT VS 20Y AVG

+70.37%

NTAP Competitors' EV/Assets Ratio

NAMEMARKET CAPEV/ASSETS RATIOTTM3Y5Y
NetApp, Inc. (NTAP)3.12x2.34x2.36x2.10x
ANSYS, Inc. (ANSS)$32.91B4.02x3.73x3.88x4.44x
Twilio Inc. (TWLO)$31.07B3.43x2.14x1.56x1.84x
Roblox Corporation (RBLX)$30.79B3.06x7.60x5.69x6.70x
Fiserv, Inc. (FISV)$28.81B0.71x1.00x1.28x1.23x
Workday, Inc. (WDAY)$36.73B2.42x3.07x3.96x4.39x
Zoom Communications, Inc. (ZM)$28.39B2.32x2.18x2.10x3.90x
MongoDB, Inc. (MDB)$27.37B7.25x6.76x7.61x8.55x
Splunk Inc. (SPLK)$26.44B4.21x4.20x3.96x4.31x
VeriSign, Inc. (VRSN)$25.83B21.11x18.86x15.52x14.64x

NetApp, Inc. EV/Assets Ratio Formula & Definition

EV/Assets compares enterprise value to total assets. It is useful for asset-heavy businesses and for comparing how much the market pays for each dollar of assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

NetApp, Inc. EV/Assets Ratio FAQ

What is the EV/Assets ratio for NetApp, Inc. (NTAP)?
The EV/Assets ratio for NTAP stock is 3.12x.
Is NetApp, Inc.'s EV/Assets ratio high or low?
NetApp, Inc.'s EV/Assets ratio of 3.12x is 49% above its 5-year average of 2.10x, near the high end of its 5-year range (1.31x–3.74x).
What is the TTM average EV/Assets ratio for NetApp, Inc. (NTAP)?
The TTM average EV/Assets ratio for NTAP stock is 2.34x.
What is the 3Y average EV/Assets ratio for NetApp, Inc. (NTAP)?
The 3Y average EV/Assets ratio for NTAP stock is 2.36x.
What is the 5Y average EV/Assets ratio for NetApp, Inc. (NTAP)?
The 5Y average EV/Assets ratio for NTAP stock is 2.10x.
What is the 10Y average EV/Assets ratio for NetApp, Inc. (NTAP)?
The 10Y average EV/Assets ratio for NTAP stock is 1.80x.
What is the 15Y average EV/Assets ratio for NetApp, Inc. (NTAP)?
The 15Y average EV/Assets ratio for NTAP stock is 1.63x.
What is the 20Y average EV/Assets ratio for NetApp, Inc. (NTAP)?
The 20Y average EV/Assets ratio for NTAP stock is 1.83x.

NetApp, Inc. EV/Assets Ratio History

DATEEV/ASSETS RATIO
2026-06-093.12x
2026-06-083.22x
2026-06-053.16x
2026-06-043.70x
2026-06-033.74x
2026-06-023.63x
2026-06-013.72x
2026-05-293.61x
2026-05-282.97x
2026-05-272.97x
2026-05-262.90x
2026-05-222.91x
2026-05-212.60x
2026-05-202.50x
2026-05-192.53x
2026-05-182.53x
2026-05-152.52x
2026-05-142.52x
2026-05-132.49x
2026-05-122.44x
2026-05-112.47x
2026-05-082.48x
2026-05-072.38x
2026-05-062.35x
2026-05-052.40x
2026-05-042.34x
2026-05-012.36x
2026-04-302.33x
2026-04-292.29x
2026-04-282.28x
2026-04-272.29x
2026-04-242.29x
2026-04-232.29x
2026-04-222.34x
2026-04-212.35x
2026-04-202.25x
2026-04-172.21x
2026-04-162.19x
2026-04-152.12x
2026-04-142.09x
2026-04-132.08x
2026-04-102.04x
2026-04-092.03x
2026-04-082.11x
2026-04-072.07x
2026-04-062.13x
2026-04-022.18x
2026-04-012.16x
2026-03-312.16x
2026-03-302.14x
2026-03-272.16x
2026-03-262.21x
2026-03-252.23x
2026-03-242.20x
2026-03-232.14x
2026-03-202.14x
2026-03-192.18x
2026-03-182.13x
2026-03-172.16x
2026-03-162.16x
2026-03-132.09x
2026-03-122.06x
2026-03-112.07x
2026-03-102.05x
2026-03-092.13x
2026-03-062.14x
2026-03-052.16x
2026-03-042.11x
2026-03-032.09x
2026-03-022.12x
2026-02-272.10x
2026-02-262.10x
2026-02-252.21x
2026-02-242.16x
2026-02-232.18x
2026-02-202.22x
2026-02-192.20x
2026-02-182.19x
2026-02-172.19x
2026-02-132.22x
2026-02-122.13x
2026-02-112.29x
2026-02-102.29x
2026-02-092.24x
2026-02-062.24x
2026-02-052.16x
2026-02-042.18x
2026-02-032.07x
2026-02-022.11x
2026-01-302.09x
2026-01-292.13x
2026-01-282.15x
2026-01-272.16x
2026-01-262.14x
2026-01-232.11x
2026-01-222.15x
2026-01-212.11x
2026-01-202.04x
2026-01-162.25x
2026-01-152.34x
2026-01-142.33x
2026-01-132.32x
2026-01-122.31x
2026-01-092.28x
2026-01-082.28x
2026-01-072.26x
2026-01-062.31x
2026-01-052.27x
2026-01-022.30x
2025-12-312.32x
2025-12-302.34x
2025-12-292.36x
2025-12-262.39x
2025-12-242.38x
2025-12-232.37x
2025-12-222.40x
2025-12-192.42x
2025-12-182.39x
2025-12-172.40x
2025-12-162.44x
2025-12-152.46x
2025-12-122.50x
2025-12-112.57x
2025-12-102.57x
2025-12-092.53x
2025-12-082.53x
2025-12-052.53x
2025-12-042.50x
2025-12-032.47x
2025-12-022.50x
2025-12-012.42x
2025-11-282.41x
2025-11-262.36x
2025-11-252.41x
2025-11-242.35x
2025-11-212.32x
2025-11-202.23x
2025-11-192.30x
2025-11-182.30x
2025-11-172.31x
2025-11-142.36x
2025-11-132.37x
2025-11-122.41x
2025-11-112.38x
2025-11-102.43x
2025-11-072.44x
2025-11-062.45x
2025-11-052.49x
2025-11-042.45x
2025-11-032.52x
2025-10-312.54x
2025-10-302.49x
2025-10-292.46x
2025-10-282.50x
2025-10-272.53x
2025-10-242.51x
2025-10-232.54x
2025-10-222.52x
2025-10-212.57x
2025-10-202.53x
2025-10-172.57x
2025-10-162.57x
2025-10-152.62x
2025-10-142.60x
2025-10-132.56x
2025-10-102.46x
2025-10-092.59x
2025-10-082.62x
2025-10-072.54x
2025-10-062.59x
2025-10-032.56x
2025-10-022.59x
2025-10-012.55x
2025-09-302.55x
2025-09-292.55x
2025-09-262.58x
2025-09-252.60x
2025-09-242.65x
2025-09-232.66x
2025-09-222.68x
2025-09-192.69x
2025-09-182.72x
2025-09-172.67x
2025-09-162.66x
2025-09-152.67x
2025-09-122.67x
2025-09-112.69x
2025-09-102.66x
2025-09-092.65x
2025-09-082.61x
2025-09-052.56x
2025-09-042.56x
2025-09-032.51x
2025-09-022.49x
2025-08-292.43x
2025-08-282.53x
2025-08-272.42x
2025-08-262.15x
2025-08-252.18x
2025-08-222.17x
2025-08-212.12x
2025-08-202.13x
2025-08-192.15x
2025-08-182.14x
2025-08-152.14x
2025-08-142.15x
2025-08-132.15x
2025-08-122.12x
2025-08-112.08x
2025-08-082.09x
2025-08-072.05x
2025-08-062.04x
2025-08-052.01x
2025-08-042.03x
2025-08-011.99x
2025-07-312.05x
2025-07-302.06x
2025-07-292.09x
2025-07-282.10x
2025-07-252.07x
2025-07-242.06x
2025-07-232.08x
2025-07-222.07x
2025-07-212.11x
2025-07-182.13x
2025-07-172.11x
2025-07-162.05x
2025-07-152.04x
2025-07-142.06x
2025-07-112.07x
2025-07-102.09x
2025-07-092.10x
2025-07-082.10x
2025-07-072.08x
2025-07-032.11x
2025-07-022.12x
2025-07-012.10x
2025-06-302.10x
2025-06-272.08x
2025-06-262.06x
2025-06-252.07x
2025-06-242.09x
2025-06-232.05x
2025-06-202.02x
2025-06-182.02x
2025-06-172.03x
2025-06-162.05x
2025-06-131.98x
2025-06-122.03x
2025-06-112.02x
2025-06-102.02x
2025-06-092.03x
2025-06-062.54x
2025-06-052.50x
2025-06-042.48x
2025-06-032.48x
2025-06-022.37x
2025-05-302.38x
2025-05-292.38x
2025-05-282.39x

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

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.

San Jose, CA
11,800 employees
Technology / Computer Hardware
Sector
Technology
Industry
Computer Hardware
CEO
George Kurian