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NetApp, Inc. (NTAP) EV/EBIT Ratio: 19.74x

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

NetApp, Inc.'s EV/EBIT ratio of 19.74x is 19% above its 5-year average of 16.54x, around the middle of its 5-year range (10.24x–25.10x).

The EV/EBIT ratio for NetApp, Inc. (NTAP) is 19.74x as of Wednesday, June 10, 2026. It is above its 12-month average by 18.69% (16.63x).

NTAP EV/EBIT Ratio Chart

NTAP EV/EBIT Ratio
19.74x+20.73% 1Y
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NTAP Average EV/EBIT Ratio Chart

NTAP Current vs Average EV/EBIT Ratio Chart

NTAP EV/EBIT Ratio Metrics

EV/EBIT RATIO

19.74x

EV/EBIT RATIO AVG TTM

16.63x

EV/EBIT RATIO AVG 3Y

18.18x

EV/EBIT RATIO AVG 5Y

16.54x

EV/EBIT RATIO AVG 10Y

16.10x

EV/EBIT RATIO AVG 15Y

16.46x

EV/EBIT RATIO AVG 20Y

23.47x

CURRENT VS TTM AVG

+18.69%

CURRENT VS 3Y AVG

+8.58%

CURRENT VS 5Y AVG

+19.33%

CURRENT VS 10Y AVG

+22.64%

CURRENT VS 15Y AVG

+19.89%

CURRENT VS 20Y AVG

-15.89%

NTAP Competitors' EV/EBIT Ratio

NAMEMARKET CAPEV/EBIT RATIOTTM3Y5Y
NetApp, Inc. (NTAP)19.74x16.63x18.18x16.54x
Twilio Inc. (TWLO)$31.43B128.04x408.31x509.00x509.00x
ANSYS, Inc. (ANSS)$32.91B42.99x41.82x43.85x50.25x
Roblox Corporation (RBLX)$29.71BN/A-40.97x-30.50x-60.02x
Fiserv, Inc. (FISV)$28.41B11.09x13.22x19.81x25.50x
MongoDB, Inc. (MDB)$28.01BN/A-152.40x-118.26x-112.36x
Workday, Inc. (WDAY)$36.01B33.25x99.80x174.63x174.63x
Zoom Communications, Inc. (ZM)$27.55B22.96x24.31x60.78x60.80x
Splunk Inc. (SPLK)$26.44B96.14x353.70x353.70x353.70x
VeriSign, Inc. (VRSN)$26.22B24.28x23.60x22.29x24.31x

NetApp, Inc. EV/EBIT Ratio Formula & Definition

EV/EBIT = Enterprise Value / EBIT (TTM)

Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

NetApp, Inc. EV/EBIT Ratio FAQ

What is the EV/EBIT ratio for NetApp, Inc. (NTAP)?
The EV/EBIT ratio for NTAP stock is 19.74x.
Is NetApp, Inc.'s EV/EBIT ratio high or low?
NetApp, Inc.'s EV/EBIT ratio of 19.74x is 19% above its 5-year average of 16.54x, around the middle of its 5-year range (10.24x–25.10x).
What is the TTM average EV/EBIT ratio for NetApp, Inc. (NTAP)?
The TTM average EV/EBIT ratio for NTAP stock is 16.63x.
What is the 3Y average EV/EBIT ratio for NetApp, Inc. (NTAP)?
The 3Y average EV/EBIT ratio for NTAP stock is 18.18x.
What is the 5Y average EV/EBIT ratio for NetApp, Inc. (NTAP)?
The 5Y average EV/EBIT ratio for NTAP stock is 16.54x.
What is the 10Y average EV/EBIT ratio for NetApp, Inc. (NTAP)?
The 10Y average EV/EBIT ratio for NTAP stock is 16.10x.
What is the 15Y average EV/EBIT ratio for NetApp, Inc. (NTAP)?
The 15Y average EV/EBIT ratio for NTAP stock is 16.46x.
What is the 20Y average EV/EBIT ratio for NetApp, Inc. (NTAP)?
The 20Y average EV/EBIT ratio for NTAP stock is 23.47x.

NetApp, Inc. EV/EBIT Ratio History

DATEEV/EBIT RATIO
2026-06-1019.74x
2026-06-0920.06x
2026-06-0820.69x
2026-06-0520.30x
2026-06-0424.80x
2026-06-0325.10x
2026-06-0224.37x
2026-06-0124.91x
2026-05-2924.18x
2026-05-2819.90x
2026-05-2719.94x
2026-05-2619.43x
2026-05-2219.49x
2026-05-2117.41x
2026-05-2016.74x
2026-05-1916.96x
2026-05-1816.96x
2026-05-1516.87x
2026-05-1416.87x
2026-05-1316.69x
2026-05-1216.38x
2026-05-1116.58x
2026-05-0816.61x
2026-05-0715.94x
2026-05-0615.77x
2026-05-0516.09x
2026-05-0415.66x
2026-05-0115.82x
2026-04-3015.64x
2026-04-2915.36x
2026-04-2815.31x
2026-04-2715.33x
2026-04-2415.36x
2026-04-2315.32x
2026-04-2215.68x
2026-04-2115.78x
2026-04-2015.11x
2026-04-1714.80x
2026-04-1614.69x
2026-04-1514.24x
2026-04-1414.04x
2026-04-1313.98x
2026-04-1013.65x
2026-04-0913.61x
2026-04-0814.12x
2026-04-0713.87x
2026-04-0614.31x
2026-04-0214.64x
2026-04-0114.47x
2026-03-3114.51x
2026-03-3014.35x
2026-03-2714.51x
2026-03-2614.79x
2026-03-2514.93x
2026-03-2414.77x
2026-03-2314.37x
2026-03-2014.34x
2026-03-1914.61x
2026-03-1814.30x
2026-03-1714.45x
2026-03-1614.49x
2026-03-1314.01x
2026-03-1213.78x
2026-03-1113.87x
2026-03-1013.78x
2026-03-0914.28x
2026-03-0614.34x
2026-03-0514.48x
2026-03-0414.13x
2026-03-0314.03x
2026-03-0214.21x
2026-02-2714.06x
2026-02-2614.08x
2026-02-2514.98x
2026-02-2414.70x
2026-02-2314.79x
2026-02-2015.07x
2026-02-1914.94x
2026-02-1814.90x
2026-02-1714.87x
2026-02-1315.06x
2026-02-1214.46x
2026-02-1115.56x
2026-02-1015.52x
2026-02-0915.24x
2026-02-0615.19x
2026-02-0514.66x
2026-02-0414.79x
2026-02-0314.07x
2026-02-0214.35x
2026-01-3014.20x
2026-01-2914.48x
2026-01-2814.62x
2026-01-2714.70x
2026-01-2614.55x
2026-01-2314.35x
2026-01-2214.61x
2026-01-2114.30x
2026-01-2013.88x
2026-01-1615.26x
2026-01-1515.91x
2026-01-1415.81x
2026-01-1315.75x
2026-01-1215.72x
2026-01-0915.48x
2026-01-0815.51x
2026-01-0715.33x
2026-01-0615.66x
2026-01-0515.44x
2026-01-0215.64x
2025-12-3115.73x
2025-12-3015.92x
2025-12-2916.05x
2025-12-2616.21x
2025-12-2416.15x
2025-12-2316.12x
2025-12-2216.27x
2025-12-1916.41x
2025-12-1816.21x
2025-12-1716.28x
2025-12-1616.58x
2025-12-1516.73x
2025-12-1216.95x
2025-12-1117.44x
2025-12-1017.48x
2025-12-0917.18x
2025-12-0817.21x
2025-12-0517.18x
2025-12-0416.99x
2025-12-0316.80x
2025-12-0216.97x
2025-12-0116.46x
2025-11-2816.36x
2025-11-2616.03x
2025-11-2516.35x
2025-11-2416.70x
2025-11-2116.45x
2025-11-2015.85x
2025-11-1916.30x
2025-11-1816.32x
2025-11-1716.38x
2025-11-1416.77x
2025-11-1316.80x
2025-11-1217.09x
2025-11-1116.92x
2025-11-1017.23x
2025-11-0717.30x
2025-11-0617.42x
2025-11-0517.70x
2025-11-0417.35x
2025-11-0317.89x
2025-10-3118.01x
2025-10-3017.68x
2025-10-2917.47x
2025-10-2817.73x
2025-10-2717.92x
2025-10-2417.84x
2025-10-2318.01x
2025-10-2217.86x
2025-10-2118.21x
2025-10-2017.93x
2025-10-1718.20x
2025-10-1618.25x
2025-10-1518.56x
2025-10-1418.42x
2025-10-1318.17x
2025-10-1017.44x
2025-10-0918.39x
2025-10-0818.61x
2025-10-0718.04x
2025-10-0618.41x
2025-10-0318.15x
2025-10-0218.35x
2025-10-0118.12x
2025-09-3018.11x
2025-09-2918.13x
2025-09-2618.33x
2025-09-2518.46x
2025-09-2418.83x
2025-09-2318.86x
2025-09-2219.03x
2025-09-1919.11x
2025-09-1819.29x
2025-09-1718.93x
2025-09-1618.84x
2025-09-1518.96x
2025-09-1218.94x
2025-09-1119.10x
2025-09-1018.87x
2025-09-0918.81x
2025-09-0818.52x
2025-09-0518.16x
2025-09-0418.17x
2025-09-0317.82x
2025-09-0217.65x
2025-08-2917.27x
2025-08-2817.93x
2025-08-2717.17x
2025-08-2617.42x
2025-08-2517.66x
2025-08-2217.59x
2025-08-2117.17x
2025-08-2017.27x
2025-08-1917.38x
2025-08-1817.34x
2025-08-1517.32x
2025-08-1417.44x
2025-08-1317.42x
2025-08-1217.17x
2025-08-1116.87x
2025-08-0816.92x
2025-08-0716.56x
2025-08-0616.48x
2025-08-0516.28x
2025-08-0416.47x
2025-08-0116.14x
2025-07-3116.60x
2025-07-3016.69x
2025-07-2916.91x
2025-07-2817.03x
2025-07-2516.73x
2025-07-2416.69x
2025-07-2316.87x
2025-07-2216.73x
2025-07-2117.12x
2025-07-1817.26x
2025-07-1717.08x
2025-07-1616.61x
2025-07-1516.50x
2025-07-1416.69x
2025-07-1116.78x
2025-07-1016.96x
2025-07-0917.00x
2025-07-0816.99x
2025-07-0716.82x
2025-07-0317.09x
2025-07-0217.14x
2025-07-0117.00x
2025-06-3016.98x
2025-06-2716.85x
2025-06-2616.70x
2025-06-2516.77x
2025-06-2416.91x
2025-06-2316.63x
2025-06-2016.38x
2025-06-1816.39x
2025-06-1716.46x
2025-06-1616.61x
2025-06-1316.04x
2025-06-1216.42x
2025-06-1116.37x
2025-06-1016.35x
2025-06-0916.44x
2025-06-0616.86x
2025-06-0516.60x
2025-06-0416.47x
2025-06-0316.46x
2025-06-0215.71x
2025-05-3015.77x
2025-05-2915.77x

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