Companies: 10,795·Total market cap: $144.5T
NetApp, Inc.

NetApp, Inc.

NTAPNASDAQTechnology● Active
$170.31
+$3.27(+1.96%)
Market Cap$33.7B
P/E Ratio
52W High$192.83
52W Low$93.69
Overview

NetApp, Inc. (NTAP) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

ntap · pe ratio · data through Apr 24, 2026

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for NetApp, Inc. (NTAP) measures how much investors pay for each dollar of the company's trailing earnings. NTAP's current PE ratio of 26.29x is calculated by dividing its stock price of $170.31 by its TTM earnings per share of $6.48. +60.2% elevated vs 5Y avg 16.4x

26.29x
P/E Ratio (TTM)+60.2%

Source: FMP · /ratios-ttm · /analyst-estimates · 2026-04-24

Forward P/E
19.19x
FY2027 est. EPS $8.88
Based on 12 analysts
EPS (TTM)
$6.48
TTM · diluted EPS
PEG Ratio
2.46
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · NetApp, Inc. SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2007 – 2026 · Annual
PE Ratio (TTM)
5Y Avg 16.4x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 20 fiscal years · Front-end computed
Average
35.4x
20-yr mean
Median
22.2x
20-yr midpoint
Minimum
10.8x
Lowest year
Maximum
234.8x
Highest year
26.3x ← Now
10.8x
Min
Q1 · 25%22.2x
Median
Q3 · 75%234.8x
Max
Within Historical Range

At 26.29x, NTAP's current P/E is within its average historical range over the past 20 fiscal years.

65th percentileHigher than 13 of 20 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Computer Hardware · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
NetApp, Inc.
NetApp, Inc.You
NTAP
$33.7B26.29x+24.7%$6.48
Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd.
CHKP
$13.5B18.84x-10.7%$9.85
Flex Ltd.
Flex Ltd.
FLEX
$55.3B27.82x+31.9%$2.35
HP Inc.
HP Inc.
HPQ
$23.2B10.35x-50.9%$2.67
Jabil Inc.
Jabil Inc.
JBL
$38.4B34.14x+61.8%$6.00
Leidos Holdings, Inc.
Leidos Holdings, Inc.
LDOS
$15.4B16.69x-20.9%$11.00
Logitech International S.A.
Logitech International S.A.
LOGI
$16.3B18.72x-11.2%$4.87
Industry Average
6 peers with valid PE
21.09xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2026-04-24Latest
FY2026
16.78x$6.48+8.7%
2025-04-30
FY2025
15.44x$5.81-28.4%
2024-04-30
FY2024
21.56x$4.74+98.8%
2023-04-30
FY2023
10.85x$5.87-37.8%
2022-04-30
FY2022
17.43x$4.20-23.2%
2021-04-30
FY2021
22.71x$3.29+84.8%
2020-04-30
FY2020
12.29x$3.56-22.3%
2019-04-30
FY2019
15.83x$4.60-93.3%
2018-04-30
FY2018
234.78x$0.28+982.1%
2017-04-30
FY2017
21.70x$1.85-28.5%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for NetApp, Inc. (NTAP) measures how much investors pay for each dollar of the company's trailing earnings. NTAP's current PE ratio of 26.29x is calculated by dividing its stock price of $170.31 by its TTM earnings per share of $6.48.

PE Ratio = Stock Price ÷ EPS (TTM)
= $170.31 ÷ $6.48 = 26.29x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

NTAP pe ratio · 6 questions

NTAP's current PE ratio is 26.29x as of 2026-06-08, based on a stock price of $170.31 and TTM EPS of $6.48. Data sourced from Financial Modeling Prep via NTAP's SEC 10-K and 10-Q filings.

NTAP PE ratioWhat is NTAP PE ratioCurrent PE ratio of NTAPNTAP PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · NetApp, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08