NetApp, Inc. (NTAP) Tax Rate: 22.57%
Is NetApp, Inc.’s tax rate high or low?
NetApp, Inc.'s tax rate of 22.57% is 74% above its 5-year average of 12.96%, near the high end of its 5-year range (-19.51%–24.12%).
The tax rate for NetApp, Inc. (NTAP) is 22.57%. It is above its 12-month average by 22.63% (18.41%).
NTAP Tax Rate Chart
NTAP Average Tax Rate Chart
NTAP Current vs Average Tax Rate Chart
NTAP Tax Rate Metrics
TAX RATE
22.57%
TAX RATE AVG TTM
18.41%
TAX RATE AVG 3Y
9.81%
TAX RATE AVG 5Y
12.96%
TAX RATE AVG 10Y
22.67%
TAX RATE AVG 15Y
20.37%
TAX RATE AVG 20Y
14.45%
CURRENT VS TTM AVG
+22.63%
CURRENT VS 3Y AVG
+130.13%
CURRENT VS 5Y AVG
+74.11%
CURRENT VS 10Y AVG
-0.45%
CURRENT VS 15Y AVG
+10.82%
CURRENT VS 20Y AVG
+56.20%
NetApp, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NetApp, Inc. Tax Rate FAQ
- What is the tax rate for NetApp, Inc. (NTAP)?
- The tax rate for NTAP stock is 22.57%.
- Is NetApp, Inc.'s tax rate high or low?
- NetApp, Inc.'s tax rate of 22.57% is 74% above its 5-year average of 12.96%, near the high end of its 5-year range (-19.51%–24.12%).
- What is the TTM average tax rate for NetApp, Inc. (NTAP)?
- The TTM average tax rate for NTAP stock is 18.41%.
- What is the 3Y average tax rate for NetApp, Inc. (NTAP)?
- The 3Y average tax rate for NTAP stock is 9.81%.
- What is the 5Y average tax rate for NetApp, Inc. (NTAP)?
- The 5Y average tax rate for NTAP stock is 12.96%.
- What is the 10Y average tax rate for NetApp, Inc. (NTAP)?
- The 10Y average tax rate for NTAP stock is 22.67%.
- What is the 15Y average tax rate for NetApp, Inc. (NTAP)?
- The 15Y average tax rate for NTAP stock is 20.37%.
- What is the 20Y average tax rate for NetApp, Inc. (NTAP)?
- The 20Y average tax rate for NTAP stock is 14.45%.
NetApp, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-04-24 | 22.57% |
| 2025-04-30 | 14.24% |
| 2024-04-30 | 21.93% |
| 2023-04-30 | -19.51% |
| 2022-04-30 | 14.43% |
| 2021-04-30 | 24.12% |
| 2020-04-30 | 13.24% |
| 2019-04-30 | 7.81% |
| 2018-04-30 | 93.48% |
| 2017-04-30 | 23.46% |
| 2016-04-30 | 33.62% |
| 2015-04-30 | 21.45% |
| 2014-04-30 | 13.93% |
| 2013-04-30 | 10.82% |
| 2012-04-30 | 15.02% |
| 2011-04-30 | 15.24% |
| 2010-04-30 | 10.43% |
| 2009-04-30 | -93.06% |
| 2008-04-30 | 19.06% |
| 2007-04-30 | 17.23% |
| 2006-04-30 | 23.93% |
| 2005-04-30 | 18.27% |
| 2004-04-30 | 10.78% |
| 2003-04-30 | 21.82% |
| 2002-04-30 | -19.74% |
| 2001-04-30 | 43.70% |
| 2000-04-30 | 35.50% |
| 1999-04-30 | 37.51% |
| 1998-04-30 | 37.51% |
| 1997-04-30 | 93.82% |
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