NetApp
NTAP
#820
Rank
$23.87 B
Marketcap
$115.67
Share price
1.43%
Change (1 day)
68.27%
Change (1 year)
NetApp, Inc., previously known as Network Appliance, Inc., is a company that operates in the field of data storage and data management.

Operating Margin for NetApp (NTAP)

Operating Margin as of May 2024 (TTM): 16.75%

According to NetApp 's latest financial reports and stock price the company's current Operating Margin is 16.75%. At the end of 2023 the company had an Operating Margin of 16.76%.

Operating Margin history for NetApp from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202316.76%-3.32%
202217.33%3.48%
202116.75%-3.98%
202017.44%-15.46%
201920.63%4.59%
201819.73%63.71%
201712.05%93.7%
20166.22%-46.57%
201511.64%-0.59%
201411.71%30.88%
20138.95%-21.71%
201211.43%-26.27%
201115.50%36.34%
201011.37%763.96%
20091.32%-88.64%
200811.59%-9.68%
200712.83%-24.32%
200616.95%-1.93%
200517.28%18.67%
200414.56%32.83%
200310.96%3356.02%
20020.32%-97.6%
200113.22%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
7.05%-57.91%๐Ÿ‡บ๐Ÿ‡ธ USA
-12.66%-175.58%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.71%-140.06%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
6.48%-61.31%๐Ÿ‡บ๐Ÿ‡ธ USA
8.19%-51.10%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.