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NetApp, Inc. (NTAP) EV/EBITDA Ratio: 17.25x

popular:market cap|pe ratio|revenue|price history|total return

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

NetApp, Inc.'s EV/EBITDA ratio of 17.25x is 33% above its 5-year average of 12.93x, near the high end of its 5-year range (8.56x–20.85x).

The EV/EBITDA ratio for NetApp, Inc. (NTAP) is 17.25x as of Tuesday, June 9, 2026. It is above its 12-month average by 27.71% (13.51x).

EV/Sales|P/E Ratio|EBITDA|All Metrics

NTAP EV/EBITDA Ratio Chart

NTAP EV/EBITDA Ratio
17.25x+32.59% 1Y
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NTAP Average EV/EBITDA Ratio Chart

NTAP Current vs Average EV/EBITDA Ratio Chart

NTAP EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

17.25x

EV/EBITDA RATIO AVG TTM

13.51x

EV/EBITDA RATIO AVG 3Y

14.07x

EV/EBITDA RATIO AVG 5Y

12.93x

EV/EBITDA RATIO AVG 10Y

12.94x

EV/EBITDA RATIO AVG 15Y

12.37x

EV/EBITDA RATIO AVG 20Y

16.43x

CURRENT VS TTM AVG

+27.71%

CURRENT VS 3Y AVG

+22.63%

CURRENT VS 5Y AVG

+33.46%

CURRENT VS 10Y AVG

+33.31%

CURRENT VS 15Y AVG

+39.44%

CURRENT VS 20Y AVG

+4.96%

NTAP Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
NetApp, Inc. (NTAP)—17.25x13.51x14.07x12.93x
ANSYS, Inc. (ANSS)$32.91B34.84x34.46x36.10x41.99x
Twilio Inc. (TWLO)$31.07B74.70x68.84x120.14x120.14x
Roblox Corporation (RBLX)$30.79BN/AN/AN/AN/A
Fiserv, Inc. (FISV)$28.81B6.76x8.90x12.65x13.65x
Workday, Inc. (WDAY)$36.73B23.24x43.89x84.32x132.61x
Zoom Communications, Inc. (ZM)$28.39B21.89x21.52x39.07x45.75x
MongoDB, Inc. (MDB)$27.37BN/AN/AN/AN/A
Splunk Inc. (SPLK)$26.44B61.01x148.46x148.46x148.46x
VeriSign, Inc. (VRSN)$25.83B23.13x22.47x20.80x22.83x

EV/EBITDA vs. its own history

At 17.3, EV/EBITDA is richer than usual — richer than 72% of its 20-year range.

20-year low

5.7

median

13.1

20-year high

52.7

cheaperricher

Understanding EV/EBITDA

Enterprise Value (EV) = Market Cap + Total Debt - Cash

EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization

EV/EBITDA is commonly used for comparing companies because:

  • It accounts for debt levels (capital structure neutral)
  • It removes effects of different depreciation policies
  • It can be compared across countries with different tax rates
  • It can remain available when net income is negative, if EBITDA is positive

NetApp, Inc. EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

NetApp, Inc. EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for NetApp, Inc. (NTAP)?
The EV/EBITDA ratio for NTAP stock is 17.25x.
Is NetApp, Inc.'s EV/EBITDA ratio high or low?
NetApp, Inc.'s EV/EBITDA ratio of 17.25x is 33% above its 5-year average of 12.93x, near the high end of its 5-year range (8.56x–20.85x).
What is the TTM average EV/EBITDA ratio for NetApp, Inc. (NTAP)?
The TTM average EV/EBITDA ratio for NTAP stock is 13.51x.
What is the 3Y average EV/EBITDA ratio for NetApp, Inc. (NTAP)?
The 3Y average EV/EBITDA ratio for NTAP stock is 14.07x.
What is the 5Y average EV/EBITDA ratio for NetApp, Inc. (NTAP)?
The 5Y average EV/EBITDA ratio for NTAP stock is 12.93x.
What is the 10Y average EV/EBITDA ratio for NetApp, Inc. (NTAP)?
The 10Y average EV/EBITDA ratio for NTAP stock is 12.94x.
What is the 15Y average EV/EBITDA ratio for NetApp, Inc. (NTAP)?
The 15Y average EV/EBITDA ratio for NTAP stock is 12.37x.
What is the 20Y average EV/EBITDA ratio for NetApp, Inc. (NTAP)?
The 20Y average EV/EBITDA ratio for NTAP stock is 16.43x.

NetApp, Inc. EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-0917.25x
2026-06-0817.79x
2026-06-0517.46x
2026-06-0420.60x
2026-06-0320.85x
2026-06-0220.24x
2026-06-0120.70x
2026-05-2920.09x
2026-05-2816.53x
2026-05-2716.57x
2026-05-2616.14x
2026-05-2216.19x
2026-05-2114.47x
2026-05-2013.91x
2026-05-1914.09x
2026-05-1814.09x
2026-05-1514.02x
2026-05-1414.02x
2026-05-1313.87x
2026-05-1213.60x
2026-05-1113.77x
2026-05-0813.80x
2026-05-0713.24x
2026-05-0613.10x
2026-05-0513.37x
2026-05-0413.01x
2026-05-0113.14x
2026-04-3012.99x
2026-04-2912.76x
2026-04-2812.72x
2026-04-2712.73x
2026-04-2412.76x
2026-04-2312.73x
2026-04-2213.02x
2026-04-2113.11x
2026-04-2012.55x
2026-04-1712.30x
2026-04-1612.20x
2026-04-1511.83x
2026-04-1411.67x
2026-04-1311.61x
2026-04-1011.34x
2026-04-0911.31x
2026-04-0811.73x
2026-04-0711.52x
2026-04-0611.89x
2026-04-0212.16x
2026-04-0112.02x
2026-03-3112.06x
2026-03-3011.92x
2026-03-2712.05x
2026-03-2612.29x
2026-03-2512.41x
2026-03-2412.27x
2026-03-2311.94x
2026-03-2011.91x
2026-03-1912.14x
2026-03-1811.88x
2026-03-1712.01x
2026-03-1612.04x
2026-03-1311.64x
2026-03-1211.45x
2026-03-1111.52x
2026-03-1011.45x
2026-03-0911.86x
2026-03-0611.91x
2026-03-0512.03x
2026-03-0411.74x
2026-03-0311.66x
2026-03-0211.81x
2026-02-2711.68x
2026-02-2611.69x
2026-02-2512.29x
2026-02-2412.05x
2026-02-2312.13x
2026-02-2012.36x
2026-02-1912.26x
2026-02-1812.22x
2026-02-1712.19x
2026-02-1312.35x
2026-02-1211.86x
2026-02-1112.76x
2026-02-1012.73x
2026-02-0912.50x
2026-02-0612.46x
2026-02-0512.02x
2026-02-0412.13x
2026-02-0311.54x
2026-02-0211.77x
2026-01-3011.64x
2026-01-2911.87x
2026-01-2811.99x
2026-01-2712.06x
2026-01-2611.93x
2026-01-2311.77x
2026-01-2211.98x
2026-01-2111.73x
2026-01-2011.38x
2026-01-1612.52x
2026-01-1513.05x
2026-01-1412.96x
2026-01-1312.92x
2026-01-1212.89x
2026-01-0912.70x
2026-01-0812.72x
2026-01-0712.57x
2026-01-0612.84x
2026-01-0512.66x
2026-01-0212.82x
2025-12-3112.90x
2025-12-3013.05x
2025-12-2913.17x
2025-12-2613.30x
2025-12-2413.24x
2025-12-2313.22x
2025-12-2213.34x
2025-12-1913.46x
2025-12-1813.30x
2025-12-1713.35x
2025-12-1613.60x
2025-12-1513.72x
2025-12-1213.90x
2025-12-1114.30x
2025-12-1014.33x
2025-12-0914.09x
2025-12-0814.12x
2025-12-0514.09x
2025-12-0413.94x
2025-12-0313.78x
2025-12-0213.92x
2025-12-0113.50x
2025-11-2813.42x
2025-11-2613.15x
2025-11-2513.41x
2025-11-2413.43x
2025-11-2113.23x
2025-11-2012.75x
2025-11-1913.11x
2025-11-1813.12x
2025-11-1713.17x
2025-11-1413.49x
2025-11-1313.51x
2025-11-1213.74x
2025-11-1113.61x
2025-11-1013.85x
2025-11-0713.91x
2025-11-0614.01x
2025-11-0514.24x
2025-11-0413.96x
2025-11-0314.39x
2025-10-3114.49x
2025-10-3014.22x
2025-10-2914.05x
2025-10-2814.26x
2025-10-2714.42x
2025-10-2414.35x
2025-10-2314.49x
2025-10-2214.36x
2025-10-2114.64x
2025-10-2014.42x
2025-10-1714.64x
2025-10-1614.68x
2025-10-1514.93x
2025-10-1414.82x
2025-10-1314.62x
2025-10-1014.03x
2025-10-0914.79x
2025-10-0814.97x
2025-10-0714.51x
2025-10-0614.80x
2025-10-0314.60x
2025-10-0214.76x
2025-10-0114.57x
2025-09-3014.57x
2025-09-2914.58x
2025-09-2614.74x
2025-09-2514.85x
2025-09-2415.14x
2025-09-2315.16x
2025-09-2215.30x
2025-09-1915.37x
2025-09-1815.51x
2025-09-1715.22x
2025-09-1615.16x
2025-09-1515.25x
2025-09-1215.23x
2025-09-1115.36x
2025-09-1015.17x
2025-09-0915.13x
2025-09-0814.89x
2025-09-0514.60x
2025-09-0414.61x
2025-09-0314.33x
2025-09-0214.20x
2025-08-2913.89x
2025-08-2814.42x
2025-08-2713.81x
2025-08-2613.78x
2025-08-2513.97x
2025-08-2213.91x
2025-08-2113.58x
2025-08-2013.66x
2025-08-1913.75x
2025-08-1813.72x
2025-08-1513.70x
2025-08-1413.80x
2025-08-1313.78x
2025-08-1213.58x
2025-08-1113.35x
2025-08-0813.39x
2025-08-0713.10x
2025-08-0613.04x
2025-08-0512.88x
2025-08-0413.03x
2025-08-0112.77x
2025-07-3113.14x
2025-07-3013.21x
2025-07-2913.37x
2025-07-2813.47x
2025-07-2513.23x
2025-07-2413.20x
2025-07-2313.35x
2025-07-2213.24x
2025-07-2113.54x
2025-07-1813.65x
2025-07-1713.52x
2025-07-1613.14x
2025-07-1513.06x
2025-07-1413.20x
2025-07-1113.27x
2025-07-1013.42x
2025-07-0913.45x
2025-07-0813.44x
2025-07-0713.30x
2025-07-0313.52x
2025-07-0213.56x
2025-07-0113.45x
2025-06-3013.43x
2025-06-2713.33x
2025-06-2613.21x
2025-06-2513.26x
2025-06-2413.38x
2025-06-2313.15x
2025-06-2012.96x
2025-06-1812.97x
2025-06-1713.02x
2025-06-1613.14x
2025-06-1312.69x
2025-06-1212.99x
2025-06-1112.95x
2025-06-1012.94x
2025-06-0913.01x
2025-06-0613.26x
2025-06-0513.06x
2025-06-0412.96x
2025-06-0312.95x
2025-06-0212.36x
2025-05-3012.41x
2025-05-2912.41x
2025-05-2812.47x

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

Related Metrics

EV/SalesP/E RatioEBITDAAll 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.

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