NetApp (NTAP) Price/OCF Ratio: History & Chart

NetApp, Inc.(NTAP)

Computer Hardware · San Jose, CA

$184.48+3.71 (+2.05%)

Delayed quote: Sep 3, 2026, 2:45 PM EDT

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

11,700 employees

www.netapp.com

Technology / Computer Hardware

Sector: Technology
Industry: Computer Hardware
CEO: George Kurian

View full financials

NTAP Price/OCF Ratio Metrics

PRICE/OCF RATIO

19.06

PRICE/OCF RATIO AVG TTM

13.47

PRICE/OCF RATIO AVG 3Y

14.67

PRICE/OCF RATIO AVG 5Y

14.06

PRICE/OCF RATIO AVG 10Y

12.94

PRICE/OCF RATIO AVG 15Y

11.69

PRICE/OCF RATIO AVG 20Y

11.91

CURRENT VS TTM AVG

+41.47%

CURRENT VS 3Y AVG

+29.95%

CURRENT VS 5Y AVG

+35.60%

CURRENT VS 10Y AVG

+47.32%

CURRENT VS 15Y AVG

+63.09%

CURRENT VS 20Y AVG

+60.02%

SECTOR MEDIAN · TECHNOLOGY

24.92

median of 173 covered companies

CURRENT VS SECTOR MEDIAN

-23.52%

vs the sector median at left

NAME	MARKET CAP	PRICE/OCF RATIO	TTM	3Y	5Y
NetApp, Inc. (NTAP)	$36.20B	19.06	13.47	14.67	14.06
Celestica Inc. (CLS)vs ›	$35.89B	28.15	57.60	32.01	21.49
Twilio Inc. (TWLO)vs ›	$36.53B	33.03	25.49	30.12	97.75
Ubiquiti Inc. (UI)vs ›	$36.73B	39.03	57.88	41.89	44.09
Microchip Technology Incorporated (MCHP)vs ›	$39.68B	33.43	44.73	28.87	23.22
Everpure, Inc. (P)vs ›	$32.34B	74.67	36.09	27.34	23.83
Take-Two Interactive Software, Inc. (TTWO)vs ›	$40.36B	80.46	151.58	167.93	1568.55
Jabil Inc. (JBL)vs ›	$31.94B	17.17	17.47	12.30	9.86
Credo Technology Group Holding Ltd (CRDO)vs ›	$30.82B	68.57	140.43	941.66	937.74
MongoDB, Inc. (MDB)vs ›	$30.76B	45.61	69.30	162.78	552.63

NAME

MARKET CAP

PRICE/OCF RATIO

TTM

NetApp, Inc. (NTAP)

$36.20B

19.06

13.47

14.67

14.06

Celestica Inc. (CLS)vs ›

$35.89B

28.15

57.60

32.01

21.49

Twilio Inc. (TWLO)vs ›

$36.53B

33.03

25.49

30.12

97.75

Ubiquiti Inc. (UI)vs ›

$36.73B

39.03

57.88

41.89

44.09

Microchip Technology Incorporated (MCHP)vs ›

$39.68B

33.43

44.73

28.87

23.22

Everpure, Inc. (P)vs ›

$32.34B

74.67

36.09

27.34

23.83

Take-Two Interactive Software, Inc. (TTWO)vs ›

$40.36B

80.46

151.58

167.93

1568.55

Jabil Inc. (JBL)vs ›

$31.94B

17.17

17.47

12.30

9.86

Credo Technology Group Holding Ltd (CRDO)vs ›

$30.82B

68.57

140.43

941.66

937.74

MongoDB, Inc. (MDB)vs ›

$30.76B

45.61

69.30

162.78

552.63

Price/OCF Ratio Formula & Definition

P/OCF measures market price relative to operating cash flow: market cap divided by TTM operating cash flow. OCF is cash from operations before capital expenditures, so it sits above free cash flow — P/OCF typically reads below P/FCF, with the widest gap for capex-heavy businesses.

Price/OCF Ratio FAQ

What is the Price/OCF ratio for NetApp, Inc. (NTAP)?

The Price/OCF ratio for NTAP stock is 19.06.

Is NetApp, Inc.'s Price/OCF ratio high or low?

The Price/OCF ratio of 19.06 is 36% above its 5-year average of 14.06, near the high end of its 5-year range (10.22–20.21).

What is the TTM average Price/OCF ratio for NetApp, Inc. (NTAP)?

The TTM average Price/OCF ratio for NTAP stock is 13.47.

What is the 3Y average Price/OCF ratio for NetApp, Inc. (NTAP)?

The 3Y average Price/OCF ratio for NTAP stock is 14.67.

What is the 5Y average Price/OCF ratio for NetApp, Inc. (NTAP)?

The 5Y average Price/OCF ratio for NTAP stock is 14.06.

What is the 10Y average Price/OCF ratio for NetApp, Inc. (NTAP)?

The 10Y average Price/OCF ratio for NTAP stock is 12.94.

What is the 15Y average Price/OCF ratio for NetApp, Inc. (NTAP)?

The 15Y average Price/OCF ratio for NTAP stock is 11.69.

What is the 20Y average Price/OCF ratio for NetApp, Inc. (NTAP)?

The 20Y average Price/OCF ratio for NTAP stock is 11.91.

DATE	PRICE/OCF RATIO
2026-09-02	19.06
2026-09-01	17.63
2026-08-31	17.84
2026-08-28	18.01
2026-08-27	18.35
2026-08-26	18.66
2026-08-25	18.04
2026-08-24	17.99
2026-08-21	18.51
2026-08-20	18.56
2026-08-19	18.72
2026-08-18	19.71
2026-08-17	19.66
2026-08-14	19.94
2026-08-13	19.74
2026-08-12	19.45
2026-08-11	19.11
2026-08-10	19.13
2026-08-07	18.25
2026-08-06	18.43
2026-08-05	17.96
2026-08-04	18.34
2026-08-03	17.61
2026-07-31	17.19
2026-07-30	16.75
2026-07-29	16.68
2026-07-28	16.80
2026-07-27	16.35
2026-07-24	16.15
2026-07-23	15.85
2026-07-22	16.03
2026-07-21	15.96
2026-07-20	15.52
2026-07-17	15.78
2026-07-16	15.37
2026-07-15	15.61
2026-07-14	16.80
2026-07-13	15.78
2026-07-10	16.26
2026-07-09	16.53
2026-07-08	15.92
2026-07-07	15.96
2026-07-06	15.75
2026-07-02	14.84
2026-07-01	15.06
2026-06-30	14.90
2026-06-29	14.93
2026-06-26	14.68
2026-06-25	14.88
2026-06-24	14.98
2026-06-23	15.19
2026-06-22	15.24
2026-06-18	15.38
2026-06-17	14.90
2026-06-16	15.53
2026-06-15	15.58
2026-06-12	15.56
2026-06-11	15.45
2026-06-10	15.47
2026-06-09	15.89
2026-06-08	16.40
2026-06-05	16.08
2026-06-04	19.96
2026-06-03	20.21
2026-06-02	19.60
2026-06-01	20.06
2026-05-29	19.45
2026-05-28	15.89
2026-05-27	15.93
2026-05-26	15.51
2026-05-22	15.55
2026-05-21	13.83
2026-05-20	13.28
2026-05-19	13.46
2026-05-18	13.46
2026-05-15	13.39
2026-05-14	13.39
2026-05-13	13.23
2026-05-12	12.97
2026-05-11	13.14
2026-05-08	13.17
2026-05-07	12.61
2026-05-06	12.47
2026-05-05	12.74
2026-05-04	12.38
2026-05-01	12.51
2026-04-30	12.36
2026-04-29	12.13
2026-04-28	12.08
2026-04-27	12.10
2026-04-24	12.13
2026-04-23	12.10
2026-04-22	12.39
2026-04-21	12.48
2026-04-20	11.92
2026-04-17	11.67
2026-04-16	11.57
2026-04-15	11.20
2026-04-14	11.04
2026-04-13	10.98
2026-04-10	10.71
2026-04-09	10.68
2026-04-08	11.10
2026-04-07	10.89
2026-04-06	11.26
2026-04-02	11.53
2026-04-01	11.39
2026-03-31	11.43
2026-03-30	11.29
2026-03-27	11.42
2026-03-26	11.66
2026-03-25	11.77
2026-03-24	11.64
2026-03-23	11.31
2026-03-20	11.28
2026-03-19	11.51
2026-03-18	11.25
2026-03-17	11.37
2026-03-16	11.41
2026-03-13	11.01
2026-03-12	10.82
2026-03-11	10.89
2026-03-10	10.82
2026-03-09	11.23
2026-03-06	11.28
2026-03-05	11.40
2026-03-04	11.11
2026-03-03	11.03
2026-03-02	11.18
2026-02-27	11.05
2026-02-26	11.06
2026-02-25	11.06
2026-02-24	10.85
2026-02-23	10.92
2026-02-20	11.13
2026-02-19	11.03
2026-02-18	11.00
2026-02-17	10.98
2026-02-13	11.12
2026-02-12	10.67
2026-02-11	11.50
2026-02-10	11.47
2026-02-09	11.26
2026-02-06	11.22
2026-02-05	10.82
2026-02-04	10.92
2026-02-03	10.37
2026-02-02	10.58
2026-01-30	10.46
2026-01-29	10.68
2026-01-28	10.79
2026-01-27	10.85
2026-01-26	10.73
2026-01-23	10.58
2026-01-22	10.78
2026-01-21	10.54
2026-01-20	10.22
2026-01-16	11.28
2026-01-15	11.77
2026-01-14	11.69
2026-01-13	11.65
2026-01-12	11.62
2026-01-09	11.45
2026-01-08	11.46
2026-01-07	11.33
2026-01-06	11.58
2026-01-05	11.41
2026-01-02	11.56
2025-12-31	11.63
2025-12-30	11.77
2025-12-29	11.88
2025-12-26	12.00
2025-12-24	11.95
2025-12-23	11.93
2025-12-22	12.04
2025-12-19	12.15
2025-12-18	12.00
2025-12-17	12.05
2025-12-16	12.28
2025-12-15	12.39
2025-12-12	12.56
2025-12-11	12.94
2025-12-10	12.97
2025-12-09	12.74
2025-12-08	12.76
2025-12-05	12.74
2025-12-04	12.60
2025-12-03	12.45
2025-12-02	12.58
2025-12-01	12.19
2025-11-28	12.12
2025-11-26	11.86
2025-11-25	12.11
2025-11-24	12.03
2025-11-21	11.85
2025-11-20	11.40
2025-11-19	11.74
2025-11-18	11.75
2025-11-17	11.80
2025-11-14	12.09
2025-11-13	12.10
2025-11-12	12.32
2025-11-11	12.20
2025-11-10	12.43
2025-11-07	12.48
2025-11-06	12.57
2025-11-05	12.78
2025-11-04	12.52
2025-11-03	12.92
2025-10-31	13.01
2025-10-30	12.76
2025-10-29	12.60
2025-10-28	12.80
2025-10-27	12.94
2025-10-24	12.88
2025-10-23	13.01
2025-10-22	12.90
2025-10-21	13.15
2025-10-20	12.95
2025-10-17	13.15
2025-10-16	13.19
2025-10-15	13.42
2025-10-14	13.31
2025-10-13	13.13
2025-10-10	12.58
2025-10-09	13.29
2025-10-08	13.45
2025-10-07	13.03
2025-10-06	13.30
2025-10-03	13.11
2025-10-02	13.26
2025-10-01	13.09
2025-09-30	13.08
2025-09-29	13.10
2025-09-26	13.24
2025-09-25	13.34
2025-09-24	13.61
2025-09-23	13.63
2025-09-22	13.76
2025-09-19	13.82
2025-09-18	13.96
2025-09-17	13.69
2025-09-16	13.63
2025-09-15	13.71
2025-09-12	13.70
2025-09-11	13.82
2025-09-10	13.64
2025-09-09	13.60
2025-09-08	13.38
2025-09-05	13.12
2025-09-04	13.12
2025-09-03	12.86
2025-09-02	12.74
2025-08-29	12.46
2025-08-28	12.95
2025-08-27	12.38
2025-08-26	14.97
2025-08-25	15.18
2025-08-22	15.12
2025-08-21	14.74

DATE

PRICE/OCF RATIO

2026-09-02

19.06

2026-09-01

17.63

2026-08-31

17.84

2026-08-28

18.01

2026-08-27

18.35

2026-08-26

18.66

2026-08-25

18.04

2026-08-24

17.99

2026-08-21

18.51

2026-08-20

18.56

2026-08-19

18.72

2026-08-18

19.71

2026-08-17

19.66

2026-08-14

19.94

2026-08-13

19.74

2026-08-12

19.45

2026-08-11

19.11

2026-08-10

19.13

2026-08-07

18.25

2026-08-06

18.43

2026-08-05

17.96

2026-08-04

18.34

2026-08-03

17.61

2026-07-31

17.19

2026-07-30

16.75

2026-07-29

16.68

2026-07-28

16.80

2026-07-27

16.35

2026-07-24

16.15

2026-07-23

15.85

2026-07-22

16.03

2026-07-21

15.96

2026-07-20

15.52

2026-07-17

15.78

2026-07-16

15.37

2026-07-15

15.61

2026-07-14

16.80

2026-07-13

15.78

2026-07-10

16.26

2026-07-09

16.53

2026-07-08

15.92

2026-07-07

15.96

2026-07-06

15.75

2026-07-02

14.84

2026-07-01

15.06

2026-06-30

14.90

2026-06-29

14.93

2026-06-26

14.68

2026-06-25

14.88

2026-06-24

14.98

2026-06-23

15.19

2026-06-22

15.24

2026-06-18

15.38

2026-06-17

14.90

2026-06-16

15.53

2026-06-15

15.58

2026-06-12

15.56

2026-06-11

15.45

2026-06-10

15.47

2026-06-09

15.89

2026-06-08

16.40

2026-06-05

16.08

2026-06-04

19.96

2026-06-03

20.21

2026-06-02

19.60

2026-06-01

20.06

2026-05-29

19.45

2026-05-28

15.89

2026-05-27

15.93

2026-05-26

15.51

2026-05-22

15.55

2026-05-21

13.83

2026-05-20

13.28

2026-05-19

13.46

2026-05-18

13.46

2026-05-15

13.39

2026-05-14

13.39

2026-05-13

13.23

2026-05-12

12.97

2026-05-11

13.14

2026-05-08

13.17

2026-05-07

12.61

2026-05-06

12.47

2026-05-05

12.74

2026-05-04

12.38

2026-05-01

12.51

2026-04-30

12.36

2026-04-29

12.13

2026-04-28

12.08

2026-04-27

12.10

2026-04-24

12.13

2026-04-23

12.10

2026-04-22

12.39

2026-04-21

12.48

2026-04-20

11.92

2026-04-17

11.67

2026-04-16

11.57

2026-04-15

11.20

2026-04-14

11.04

2026-04-13

10.98

2026-04-10

10.71

2026-04-09

10.68

2026-04-08

11.10

2026-04-07

10.89

2026-04-06

11.26

2026-04-02

11.53

2026-04-01

11.39

2026-03-31

11.43

2026-03-30

11.29

2026-03-27

11.42

2026-03-26

11.66

2026-03-25

11.77

2026-03-24

11.64

2026-03-23

11.31

2026-03-20

11.28

2026-03-19

11.51

2026-03-18

11.25

2026-03-17

11.37

2026-03-16

11.41

2026-03-13

11.01

2026-03-12

10.82

2026-03-11

10.89

2026-03-10

10.82

2026-03-09

11.23

2026-03-06

11.28

2026-03-05

11.40

2026-03-04

11.11

2026-03-03

11.03

2026-03-02

11.18

2026-02-27

11.05

2026-02-26

11.06

2026-02-25

11.06

2026-02-24

10.85

2026-02-23

10.92

2026-02-20

11.13

2026-02-19

11.03

2026-02-18

11.00

2026-02-17

10.98

2026-02-13

11.12

2026-02-12

10.67

2026-02-11

11.50

2026-02-10

11.47

2026-02-09

11.26

2026-02-06

11.22

2026-02-05

10.82

2026-02-04

10.92

2026-02-03

10.37

2026-02-02

10.58

2026-01-30

10.46

2026-01-29

10.68

2026-01-28

10.79

2026-01-27

10.85

2026-01-26

10.73

2026-01-23

10.58

2026-01-22

10.78

2026-01-21

10.54

2026-01-20

10.22

2026-01-16

11.28

2026-01-15

11.77

2026-01-14

11.69

2026-01-13

11.65

2026-01-12

11.62

2026-01-09

11.45

2026-01-08

11.46

2026-01-07

11.33

2026-01-06

11.58

2026-01-05

11.41

2026-01-02

11.56

2025-12-31

11.63

2025-12-30

11.77

2025-12-29

11.88

2025-12-26

12.00

2025-12-24

11.95

2025-12-23

11.93

2025-12-22

12.04

2025-12-19

12.15

2025-12-18

12.00

2025-12-17

12.05

2025-12-16

12.28

2025-12-15

12.39

2025-12-12

12.56

2025-12-11

12.94

2025-12-10

12.97

2025-12-09

12.74

2025-12-08

12.76

2025-12-05

12.74

2025-12-04

12.60

2025-12-03

12.45

2025-12-02

12.58

2025-12-01

12.19

2025-11-28

12.12

2025-11-26

11.86

2025-11-25

12.11

2025-11-24

12.03

2025-11-21

11.85

2025-11-20

11.40

2025-11-19

11.74

2025-11-18

11.75

2025-11-17

11.80

2025-11-14

12.09

2025-11-13

12.10

2025-11-12

12.32

2025-11-11

12.20

2025-11-10

12.43

2025-11-07

12.48

2025-11-06

12.57

2025-11-05

12.78

2025-11-04

12.52

2025-11-03

12.92

2025-10-31

13.01

2025-10-30

12.76

2025-10-29

12.60

2025-10-28

12.80

2025-10-27

12.94

2025-10-24

12.88

2025-10-23

13.01

2025-10-22

12.90

2025-10-21

13.15

2025-10-20

12.95

2025-10-17

13.15

2025-10-16

13.19

2025-10-15

13.42

2025-10-14

13.31

2025-10-13

13.13

2025-10-10

12.58

2025-10-09

13.29

2025-10-08

13.45

2025-10-07

13.03

2025-10-06

13.30

2025-10-03

13.11

2025-10-02

13.26

2025-10-01

13.09

2025-09-30

13.08

2025-09-29

13.10

2025-09-26

13.24

2025-09-25

13.34

2025-09-24

13.61

2025-09-23

13.63

2025-09-22

13.76

2025-09-19

13.82

2025-09-18

13.96

2025-09-17

13.69

2025-09-16

13.63

2025-09-15

13.71

2025-09-12

13.70

2025-09-11

13.82

2025-09-10

13.64

2025-09-09

13.60

2025-09-08

13.38

2025-09-05

13.12

2025-09-04

13.12

2025-09-03

12.86

2025-09-02

12.74

2025-08-29

12.46

2025-08-28

12.95

2025-08-27

12.38

2025-08-26

14.97

2025-08-25

15.18

2025-08-22

15.12

2025-08-21

14.74

Price/OCF Ratio: 19.06

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