NetApp, Inc. (NTAP) EV/Sales Ratio: 4.84x
Is NetApp, Inc.’s EV/Sales ratio high or low?
NetApp, Inc.'s EV/Sales ratio of 4.84x is 53% above its 5-year average of 3.15x, near the high end of its 5-year range (1.96x–5.56x).
The EV/Sales ratio for NetApp, Inc. (NTAP) is 4.84x as of Tuesday, June 9, 2026. It is above its 12-month average by 37.32% (3.52x).
NTAP EV/Sales Ratio Chart
NTAP Average EV/Sales Ratio Chart
NTAP Current vs Average EV/Sales Ratio Chart
NTAP EV/Sales Ratio Metrics
EV/SALES RATIO
4.84x
EV/SALES RATIO AVG TTM
3.52x
EV/SALES RATIO AVG 3Y
3.51x
EV/SALES RATIO AVG 5Y
3.15x
EV/SALES RATIO AVG 10Y
2.72x
EV/SALES RATIO AVG 15Y
2.46x
EV/SALES RATIO AVG 20Y
2.73x
CURRENT VS TTM AVG
+37.32%
CURRENT VS 3Y AVG
+37.80%
CURRENT VS 5Y AVG
+53.49%
CURRENT VS 10Y AVG
+77.64%
CURRENT VS 15Y AVG
+96.53%
CURRENT VS 20Y AVG
+77.27%
NTAP Competitors' EV/Sales Ratio
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NetApp, Inc. (NTAP) | — | 4.84x | 3.52x | 3.51x | 3.15x |
| ANSYS, Inc. (ANSS) | $32.91B | 12.41x | 11.65x | 12.08x | 14.05x |
| Twilio Inc. (TWLO) | $31.07B | 6.19x | 4.26x | 3.58x | 6.65x |
| Roblox Corporation (RBLX) | $30.79B | 5.67x | 14.72x | 11.57x | 14.24x |
| Fiserv, Inc. (FISV) | $28.81B | 2.72x | 3.81x | 5.36x | 5.37x |
| Workday, Inc. (WDAY) | $36.73B | 3.95x | 5.97x | 8.10x | 8.99x |
| Zoom Communications, Inc. (ZM) | $28.39B | 5.72x | 5.17x | 4.72x | 7.61x |
| MongoDB, Inc. (MDB) | $27.37B | 10.28x | 10.66x | 12.90x | 18.08x |
| Splunk Inc. (SPLK) | $26.44B | 6.68x | 6.42x | 7.49x | 9.01x |
| VeriSign, Inc. (VRSN) | $25.83B | 16.27x | 16.00x | 15.04x | 16.18x |
Understanding EV/Sales
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
- It works for unprofitable companies where P/E doesn't apply
- Revenue is harder to manipulate than earnings
- It supports comparisons across companies at different profitability stages
- It is frequently used for software and other revenue-growth-focused companies
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
NetApp, Inc. EV/Sales Ratio Formula & Definition
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NetApp, Inc. EV/Sales Ratio FAQ
- What is the EV/Sales ratio for NetApp, Inc. (NTAP)?
- The EV/Sales ratio for NTAP stock is 4.84x.
- Is NetApp, Inc.'s EV/Sales ratio high or low?
- NetApp, Inc.'s EV/Sales ratio of 4.84x is 53% above its 5-year average of 3.15x, near the high end of its 5-year range (1.96x–5.56x).
- What is the TTM average EV/Sales ratio for NetApp, Inc. (NTAP)?
- The TTM average EV/Sales ratio for NTAP stock is 3.52x.
- What is the 3Y average EV/Sales ratio for NetApp, Inc. (NTAP)?
- The 3Y average EV/Sales ratio for NTAP stock is 3.51x.
- What is the 5Y average EV/Sales ratio for NetApp, Inc. (NTAP)?
- The 5Y average EV/Sales ratio for NTAP stock is 3.15x.
- What is the 10Y average EV/Sales ratio for NetApp, Inc. (NTAP)?
- The 10Y average EV/Sales ratio for NTAP stock is 2.72x.
- What is the 15Y average EV/Sales ratio for NetApp, Inc. (NTAP)?
- The 15Y average EV/Sales ratio for NTAP stock is 2.46x.
- What is the 20Y average EV/Sales ratio for NetApp, Inc. (NTAP)?
- The 20Y average EV/Sales ratio for NTAP stock is 2.73x.
NetApp, Inc. EV/Sales Ratio History
| DATE | EV/SALES RATIO |
|---|---|
| 2026-06-09 | 4.84x |
| 2026-06-08 | 4.99x |
| 2026-06-05 | 4.90x |
| 2026-06-04 | 5.50x |
| 2026-06-03 | 5.56x |
| 2026-06-02 | 5.40x |
| 2026-06-01 | 5.52x |
| 2026-05-29 | 5.36x |
| 2026-05-28 | 4.41x |
| 2026-05-27 | 4.42x |
| 2026-05-26 | 4.31x |
| 2026-05-22 | 4.32x |
| 2026-05-21 | 3.86x |
| 2026-05-20 | 3.71x |
| 2026-05-19 | 3.76x |
| 2026-05-18 | 3.76x |
| 2026-05-15 | 3.74x |
| 2026-05-14 | 3.74x |
| 2026-05-13 | 3.70x |
| 2026-05-12 | 3.63x |
| 2026-05-11 | 3.67x |
| 2026-05-08 | 3.68x |
| 2026-05-07 | 3.53x |
| 2026-05-06 | 3.50x |
| 2026-05-05 | 3.57x |
| 2026-05-04 | 3.47x |
| 2026-05-01 | 3.51x |
| 2026-04-30 | 3.47x |
| 2026-04-29 | 3.40x |
| 2026-04-28 | 3.39x |
| 2026-04-27 | 3.40x |
| 2026-04-24 | 3.41x |
| 2026-04-23 | 3.40x |
| 2026-04-22 | 3.47x |
| 2026-04-21 | 3.50x |
| 2026-04-20 | 3.35x |
| 2026-04-17 | 3.28x |
| 2026-04-16 | 3.26x |
| 2026-04-15 | 3.16x |
| 2026-04-14 | 3.11x |
| 2026-04-13 | 3.10x |
| 2026-04-10 | 3.02x |
| 2026-04-09 | 3.02x |
| 2026-04-08 | 3.13x |
| 2026-04-07 | 3.07x |
| 2026-04-06 | 3.17x |
| 2026-04-02 | 3.25x |
| 2026-04-01 | 3.21x |
| 2026-03-31 | 3.22x |
| 2026-03-30 | 3.18x |
| 2026-03-27 | 3.22x |
| 2026-03-26 | 3.28x |
| 2026-03-25 | 3.31x |
| 2026-03-24 | 3.27x |
| 2026-03-23 | 3.18x |
| 2026-03-20 | 3.18x |
| 2026-03-19 | 3.24x |
| 2026-03-18 | 3.17x |
| 2026-03-17 | 3.20x |
| 2026-03-16 | 3.21x |
| 2026-03-13 | 3.11x |
| 2026-03-12 | 3.05x |
| 2026-03-11 | 3.07x |
| 2026-03-10 | 3.05x |
| 2026-03-09 | 3.16x |
| 2026-03-06 | 3.18x |
| 2026-03-05 | 3.21x |
| 2026-03-04 | 3.13x |
| 2026-03-03 | 3.11x |
| 2026-03-02 | 3.15x |
| 2026-02-27 | 3.12x |
| 2026-02-26 | 3.12x |
| 2026-02-25 | 3.20x |
| 2026-02-24 | 3.14x |
| 2026-02-23 | 3.16x |
| 2026-02-20 | 3.22x |
| 2026-02-19 | 3.19x |
| 2026-02-18 | 3.18x |
| 2026-02-17 | 3.18x |
| 2026-02-13 | 3.22x |
| 2026-02-12 | 3.09x |
| 2026-02-11 | 3.32x |
| 2026-02-10 | 3.32x |
| 2026-02-09 | 3.26x |
| 2026-02-06 | 3.25x |
| 2026-02-05 | 3.13x |
| 2026-02-04 | 3.16x |
| 2026-02-03 | 3.01x |
| 2026-02-02 | 3.07x |
| 2026-01-30 | 3.03x |
| 2026-01-29 | 3.09x |
| 2026-01-28 | 3.12x |
| 2026-01-27 | 3.14x |
| 2026-01-26 | 3.11x |
| 2026-01-23 | 3.07x |
| 2026-01-22 | 3.12x |
| 2026-01-21 | 3.06x |
| 2026-01-20 | 2.96x |
| 2026-01-16 | 3.26x |
| 2026-01-15 | 3.40x |
| 2026-01-14 | 3.38x |
| 2026-01-13 | 3.37x |
| 2026-01-12 | 3.36x |
| 2026-01-09 | 3.31x |
| 2026-01-08 | 3.31x |
| 2026-01-07 | 3.28x |
| 2026-01-06 | 3.35x |
| 2026-01-05 | 3.30x |
| 2026-01-02 | 3.34x |
| 2025-12-31 | 3.36x |
| 2025-12-30 | 3.40x |
| 2025-12-29 | 3.43x |
| 2025-12-26 | 3.46x |
| 2025-12-24 | 3.45x |
| 2025-12-23 | 3.44x |
| 2025-12-22 | 3.48x |
| 2025-12-19 | 3.51x |
| 2025-12-18 | 3.46x |
| 2025-12-17 | 3.48x |
| 2025-12-16 | 3.54x |
| 2025-12-15 | 3.57x |
| 2025-12-12 | 3.62x |
| 2025-12-11 | 3.73x |
| 2025-12-10 | 3.73x |
| 2025-12-09 | 3.67x |
| 2025-12-08 | 3.68x |
| 2025-12-05 | 3.67x |
| 2025-12-04 | 3.63x |
| 2025-12-03 | 3.59x |
| 2025-12-02 | 3.63x |
| 2025-12-01 | 3.52x |
| 2025-11-28 | 3.50x |
| 2025-11-26 | 3.43x |
| 2025-11-25 | 3.49x |
| 2025-11-24 | 3.46x |
| 2025-11-21 | 3.41x |
| 2025-11-20 | 3.28x |
| 2025-11-19 | 3.37x |
| 2025-11-18 | 3.38x |
| 2025-11-17 | 3.39x |
| 2025-11-14 | 3.47x |
| 2025-11-13 | 3.48x |
| 2025-11-12 | 3.54x |
| 2025-11-11 | 3.50x |
| 2025-11-10 | 3.57x |
| 2025-11-07 | 3.58x |
| 2025-11-06 | 3.60x |
| 2025-11-05 | 3.66x |
| 2025-11-04 | 3.59x |
| 2025-11-03 | 3.70x |
| 2025-10-31 | 3.73x |
| 2025-10-30 | 3.66x |
| 2025-10-29 | 3.62x |
| 2025-10-28 | 3.67x |
| 2025-10-27 | 3.71x |
| 2025-10-24 | 3.69x |
| 2025-10-23 | 3.73x |
| 2025-10-22 | 3.70x |
| 2025-10-21 | 3.77x |
| 2025-10-20 | 3.71x |
| 2025-10-17 | 3.77x |
| 2025-10-16 | 3.78x |
| 2025-10-15 | 3.84x |
| 2025-10-14 | 3.81x |
| 2025-10-13 | 3.76x |
| 2025-10-10 | 3.61x |
| 2025-10-09 | 3.81x |
| 2025-10-08 | 3.85x |
| 2025-10-07 | 3.73x |
| 2025-10-06 | 3.81x |
| 2025-10-03 | 3.76x |
| 2025-10-02 | 3.80x |
| 2025-10-01 | 3.75x |
| 2025-09-30 | 3.75x |
| 2025-09-29 | 3.75x |
| 2025-09-26 | 3.79x |
| 2025-09-25 | 3.82x |
| 2025-09-24 | 3.90x |
| 2025-09-23 | 3.90x |
| 2025-09-22 | 3.94x |
| 2025-09-19 | 3.96x |
| 2025-09-18 | 3.99x |
| 2025-09-17 | 3.92x |
| 2025-09-16 | 3.90x |
| 2025-09-15 | 3.92x |
| 2025-09-12 | 3.92x |
| 2025-09-11 | 3.95x |
| 2025-09-10 | 3.91x |
| 2025-09-09 | 3.89x |
| 2025-09-08 | 3.83x |
| 2025-09-05 | 3.76x |
| 2025-09-04 | 3.76x |
| 2025-09-03 | 3.69x |
| 2025-09-02 | 3.65x |
| 2025-08-29 | 3.57x |
| 2025-08-28 | 3.71x |
| 2025-08-27 | 3.55x |
| 2025-08-26 | 3.54x |
| 2025-08-25 | 3.59x |
| 2025-08-22 | 3.58x |
| 2025-08-21 | 3.49x |
| 2025-08-20 | 3.51x |
| 2025-08-19 | 3.54x |
| 2025-08-18 | 3.53x |
| 2025-08-15 | 3.52x |
| 2025-08-14 | 3.55x |
| 2025-08-13 | 3.54x |
| 2025-08-12 | 3.49x |
| 2025-08-11 | 3.43x |
| 2025-08-08 | 3.44x |
| 2025-08-07 | 3.37x |
| 2025-08-06 | 3.35x |
| 2025-08-05 | 3.31x |
| 2025-08-04 | 3.35x |
| 2025-08-01 | 3.28x |
| 2025-07-31 | 3.38x |
| 2025-07-30 | 3.40x |
| 2025-07-29 | 3.44x |
| 2025-07-28 | 3.47x |
| 2025-07-25 | 3.40x |
| 2025-07-24 | 3.39x |
| 2025-07-23 | 3.43x |
| 2025-07-22 | 3.40x |
| 2025-07-21 | 3.48x |
| 2025-07-18 | 3.51x |
| 2025-07-17 | 3.48x |
| 2025-07-16 | 3.38x |
| 2025-07-15 | 3.36x |
| 2025-07-14 | 3.39x |
| 2025-07-11 | 3.41x |
| 2025-07-10 | 3.45x |
| 2025-07-09 | 3.46x |
| 2025-07-08 | 3.46x |
| 2025-07-07 | 3.42x |
| 2025-07-03 | 3.48x |
| 2025-07-02 | 3.49x |
| 2025-07-01 | 3.46x |
| 2025-06-30 | 3.45x |
| 2025-06-27 | 3.43x |
| 2025-06-26 | 3.40x |
| 2025-06-25 | 3.41x |
| 2025-06-24 | 3.44x |
| 2025-06-23 | 3.38x |
| 2025-06-20 | 3.33x |
| 2025-06-18 | 3.33x |
| 2025-06-17 | 3.35x |
| 2025-06-16 | 3.38x |
| 2025-06-13 | 3.26x |
| 2025-06-12 | 3.34x |
| 2025-06-11 | 3.33x |
| 2025-06-10 | 3.33x |
| 2025-06-09 | 3.34x |
| 2025-06-06 | 3.51x |
| 2025-06-05 | 3.46x |
| 2025-06-04 | 3.43x |
| 2025-06-03 | 3.43x |
| 2025-06-02 | 3.27x |
| 2025-05-30 | 3.28x |
| 2025-05-29 | 3.28x |
| 2025-05-28 | 3.30x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
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