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NTAP NetApp, Inc. - Common Stock
NASDAQ · Technology · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Sep 2, 2026
$226.27
· of 52w range
· above low
· to high
$94.7052w low
$231.9052w high
Market Cap (MRQ)
$44.35B
P/E (TTM)
32.0
EPS (TTM)
$7.08
Revenue (TTM)
$6.50B
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52W Range
$95–$232
Analyst Rating
HOLD
Price Target
$198
P/E
32.0
ROE
114.8%
Net Profit Margin
21.8%
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NTAP Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$226.27
Market Cap (MRQ)
$44.35B
P/E (TTM)
32.0
EPS (TTM)
$7.08
Revenue (TTM)
$6.50B
Div Yield
0.93%
ROE (TTM)
114.8%
Debt/Equity (MRQ)
1.7
52W Range
$95–$232
NTAP Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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Stock splits
| Ex-date | Split | Type |
|---|---|---|
| March 23, 2000 | 2-for-1 | Forward |
| Dec. 21, 1999 | 2-for-1 | Forward |
| Dec. 22, 1998 | 2-for-1 | Forward |
| Dec. 19, 1997 | 2-for-1 | Forward |
About NetApp, Inc. - Common Stock Company overview from Wikipedia
NetApp, Inc. is an American data infrastructure company that provides unified data storage, integrated data services, and cloud operations (CloudOps) solutions to enterprise customers. The company is based in San Jose, California. It was ranked in the Fortune 500 from 2012 to 2021. Founded in 1992 with an initial public offering in 1995, NetApp offers cloud data services for management of applications and data both online and physically.
History
NetApp was founded in 1992 by David Hitz, James Lau, and Michael Malcolm as Network Appliance, Inc. At the time, its major competitor was Auspex Systems. In 1994, NetApp received venture capital funding from Sequoia Capital. In 2006, NetApp sold the NetCache product line to Blue Coat Systems. In 2008, Network Appliance officially changed its legal name to NetApp, Inc., reflecting the nickname by which it was already well-known. On June 1, 2015, Tom Georgens stepped down as CEO and was replaced by George Kurian. In May 2018, NetApp announced its first end-to-end NVMe array called All Flash FAS A800 with the release of ONTAP 9.4 software.
Organization
George Kurian is the chief executive officer of NetApp and a member of the board of directors. He joined the company in 2011. The president of NetApp is César Cernuda. In December 2009, Mike Nevens was appointed as chairman of the board. The company employs around 12,000 people worldwide.
Competition
NetApp competes in the computer data storage hardware industry. In 2009, NetApp ranked second in market capitalization in its industry behind EMC Corporation, now Dell EMC, and ahead of Seagate Technology, Western Digital, Brocade, Imation, and Quantum. In total revenue of 2009, NetApp ranked behind EMC, Seagate, Western Digital, and ahead of Imation, Brocade, Xyratex, and Hutchinson Technology. According to a 2014 IDC report, NetApp ranked second in the network storage industry "Big 5's list", behind EMC (Dell), and ahead of IBM, HP and Hitachi.
Partnerships
On March 1, 2021, a partnership with the Aston Martin F1 Team was announced. NetApp is currently responsible for data provision and cloud services for the racing team. Similar partnerships have been in place with the MotoGP team Ducati Corse since 2018, and the TAG Heuer Porsche Formula E Team since July 2022.
OEM
September 13, 2018, Lenovo and NetApp announced its technology partnership, so Lenovo OEM Netapp products under its own name: Lenovo ThinkSystem DE (using NetApp's EF and E-Series array technology), and ThinkSystem DM uses ONTAP software with Lenovo servers and supports FC-NVMe (analog for NetApp FAS and AFF systems). Vector Data's Vault series of products are rugged and carrier-grade versions of NetApp systems including -48V DC Power and NEBS Level 3 Certification.
Reception
Controversy
Syrian surveillance
In November 2011, during the 2011 Syrian uprising, NetApp was named as one of several companies whose products were being used in the Syrian government crackdown. The equipment was allegedly sold to the Syrians by an authorized NetApp reseller.
On April 7, 2014, NetApp was notified by the US Department of Commerce "that it had completed its review of this matter and determined that NetApp had not violated the U.S. export laws", and that the file on the matter had been closed.
Legal dispute with Sun Microsystems
In September 2007, NetApp started proceedings against Sun Microsystems, claiming that the ZFS File System developed by Sun infringed its patents. The following month, Sun announced plans to countersue based on alleged misuse by NetApp of Sun's own patented technology. Several of NetApp's patent claims were rejected on the basis of prior art after re-examination by the United States Patent and Trademark Office. On September 9, 2010, NetApp announced an agreement with Oracle Corporation (the new owner of Sun Microsystems) to dismiss the suits.
Awards
NetApp was listed amongst Silicon Valley Top 25 Corporate Philanthropists in 2013. NetApp was Named Brand of the Year by the Think Global Awards in 2019. In 2023, NetApp was named Best Company to Work For by U.S. News & World Report. In 2024, consulting firm Frost & Sullivan named NetApp Global Company of the Year in the hybrid cloud storage management industry.
Environment
In 2021, the CDP Climate Change Score improved to B−. In some NetApp offices, employees have formed Green Teams to integrate sustainable values into their daily lives.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
sectorTechnology
industryTechnology
employees11,700
countryUS
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$6.24B2017-04-28 → 2026-04-24
EPS$6.352017-04-28 → 2026-04-24
Free Cash Flow$1.87B2017-04-28 → 2026-04-24
Net margin21.8%2017-04-28 → 2026-04-24
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | NTAP | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 32.05Y avg ≈16.7 | ≈16.7 | 23.7 | Overvalued | |
| P/S (TTM) | 6.85Y avg ≈2.8 | ≈2.8 | 5.7 | Fair value | |
| P/B (MRQ) | 29.75Y avg ≈16.4 | ≈16.4 | 16.2 | Overvalued | |
| EV / EBITDA | 23.35Y avg ≈11.6 | ≈11.6 | 15.1 | Undervalued | |
| Price / FCF (TTM) | 26.95Y avg ≈14.0 | ≈14.0 | · | · | |
| Price / Cash Flow (TTM) | 23.45Y avg ≈12.0 | ≈12.0 | 14.3 | Undervalued | |
| EV / Revenue (TTM) | 6.75Y avg ≈2.7 | ≈2.7 | · | · | |
| EV / FCF (TTM) | 26.25Y avg ≈13.2 | ≈13.2 | · | · | |
| Price / Tangible Book (MRQ) | 30.4 | · | · | · | |
| PEG Ratio | ≈2.2 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | NTAP | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin (TTM) | 80.3%5Y avg ≈70.5% | ≈70.5% | 49.5% | Top tier | |
| Operating Margin (TTM) | 28.5%5Y avg ≈20.2% | ≈20.2% | 11.4% | Top tier | |
| EBITDA Margin | 29.7%5Y avg ≈23.0% | ≈23.0% | 11.4% | Top tier | |
| Pretax Margin (TTM) | 28.1%5Y avg ≈20.3% | ≈20.3% | 12.7% | Top tier | |
| Net Profit Margin (TTM) | 21.8%5Y avg ≈17.8% | ≈17.8% | 10.7% | Top tier | |
| ROA (TTM) | 13.7%5Y avg ≈11.2% | ≈11.2% | 7.7% | Top tier | |
| ROE (TTM) | 114.8%5Y avg ≈107.9% | ≈107.9% | 15.8% | Top tier | |
| ROIC | 33.8%5Y avg ≈30.0% | ≈30.0% | 32.1% | In line |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | NTAP | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 1.75Y avg ≈2.4 | ≈2.4 | 0.0 | High debt | |
| Current Ratio (MRQ) | 1.25Y avg ≈1.3 | ≈1.3 | 1.3 | In line | |
| Quick Ratio (MRQ) | 1.05Y avg ≈1.2 | ≈1.2 | 0.9 | In line | |
| Long-Term Debt / Equity (MRQ) | 1.35Y avg ≈2.2 | ≈2.2 | 0.0 | High debt |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | NTAP | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 5.6%5Y avg ≈1.9% | ≈1.9% | · | · | |
| Revenue CAGR 3Y | -0.66%5Y avg ≈0.54% | ≈0.54% | · | · | |
| Revenue CAGR 5Y | 1.7% | · | · | · | |
| EPS YoY | 12.0%5Y avg ≈16.5% | ≈16.5% | · | · | |
| Net Income YoY | 7.6%5Y avg ≈13.9% | ≈13.9% | · | · | |
| EPS CAGR 3Y | 3.1%5Y avg ≈11.4% | ≈11.4% | · | · | |
| EPS CAGR 5Y | 14.5% | · | · | · | |
| Net Income CAGR 3Y | 0.05%5Y avg ≈8.7% | ≈8.7% | · | · | |
| Net Income CAGR 5Y | 11.8% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | NTAP | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.65Y avg ≈0.6 | ≈0.6 | 1.0 | Weak | |
| Inventory Turnover | 10.65Y avg ≈11.3 | ≈11.3 | 8.0 | Top tier | |
| Receivables Turnover | 4.95Y avg ≈5.7 | ≈5.7 | 7.6 | Weak | |
| Revenue / Employee | ≈$533.1K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield0.93%
Payout Ratio32.4%
Annualized Payout≈$2.08
5Y Div CAGR≈1.6%
Growth Streak≈2
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Jul 10, 2026 | $0.52 | USD | ≈1.2% |
| Apr 2, 2026 | $0.52 | USD | ≈2.0% |
| Jan 2, 2026 | $0.52 | USD | ≈2.0% |
| Oct 3, 2025 | $0.52 | USD | ≈1.8% |
| Jul 3, 2025 | $0.52 | USD | ≈1.9% |
| Apr 4, 2025 | $0.52 | USD | ≈2.7% |
| Jan 3, 2025 | $0.52 | USD | ≈1.8% |
| Oct 4, 2024 | $0.52 | USD | ≈1.7% |
| Jul 5, 2024 | $0.52 | USD | ≈1.6% |
| Apr 4, 2024 | $0.50 | USD | ≈1.9% |
| Jan 4, 2024 | $0.50 | USD | ≈2.3% |
| Oct 5, 2023 | $0.50 | USD | ≈2.6% |
| Jul 6, 2023 | $0.50 | USD | ≈2.6% |
| Apr 5, 2023 | $0.50 | USD | ≈3.2% |
| Jan 5, 2023 | $0.50 | USD | ≈3.3% |
| Oct 6, 2022 | $0.50 | USD | ≈3.0% |
| Jul 7, 2022 | $0.50 | USD | ≈3.1% |
| Apr 7, 2022 | $0.50 | USD | ≈2.5% |
| Jan 6, 2022 | $0.50 | USD | ≈2.1% |
| Oct 7, 2021 | $0.50 | USD | ≈2.2% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Beat Rate
75.0%
Avg Surprise
6.8%
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| March 31, 2027 | Sep 2, 2026 | $2.58 | $2.16 | 19.3% |
| Dec. 31, 2026 | May 28, 2026 | $2.43 | $2.31 | 5.1% |
| Sept. 30, 2026 | $2.58 | $2.16 | 19.3% | |
| June 30, 2026 | $2.43 | $2.31 | 5.1% | |
| March 31, 2026 | $2.12 | $2.11 | 0.65% | |
| Dec. 31, 2025 | $2.05 | $1.92 | 6.6% | |
| Sept. 30, 2025 | $1.55 | $1.57 | -1.2% | |
| June 30, 2025 | $1.93 | $1.93 | -0.24% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.24B | $5.91B | $5.66B | $6.36B | $6.32B | $5.74B | $5.41B | $6.15B | $5.92B | $5.49B | $5.55B | $6.12B | |
| Cost of Revenue | $2.03B | $1.96B | $1.83B | $2.15B | $2.10B | $1.93B | $1.79B | $2.20B | $2.21B | $2.13B | $2.17B | $2.29B | |
| Gross Profit | $4.90B | $4.61B | $4.43B | $4.21B | $4.22B | $3.81B | $3.62B | $3.94B | $3.71B | $3.36B | $3.37B | $3.83B | |
| R&D Expense | $991M | $1.01B | $1.03B | $956M | $881M | $881M | $847M | $827M | $783M | $779M | $861M | $920M | |
| SG&A Expense | $344M | $311M | $308M | $265M | $279M | $257M | $263M | $278M | $280M | $271M | $307M | $284M | |
| Operating Expenses | $3.23B | $3.28B | $3.22B | $3.19B | $3.06B | $2.78B | $2.68B | $2.72B | $2.55B | $2.74B | $3.02B | $3.12B | |
| Operating Income | $1.67B | $1.34B | $1.21B | $1.02B | $1.16B | $1.03B | $945M | $1.22B | $1.16B | $621M | $348M | $716M | |
| Interest Expense | · | · | $64M | $67M | $73M | $74M | $55M | $58M | $62M | $52M | $49M | $42M | |
| Interest Income | $113M | $112M | $112M | $69M | $7M | $9M | $48M | $88M | $79M | $44M | $46M | $37M | |
| Other Non-op | $-30M | $-2M | $1M | $46M | $4M | $-4M | $6M | $17M | $24M | $8M | $0 | $2M | |
| Pretax Income | $1.65B | $1.38B | $1.26B | $1.07B | $1.09B | $962M | $944M | $1.27B | $1.20B | $621M | $345M | $713M | |
| Income Tax | $372M | $197M | $277M | $-208M | $158M | $232M | $125M | $99M | $1.08B | $140M | $116M | $153M | |
| Net Income | $1.28B | $1.19B | $986M | $1.27B | $937M | $730M | $819M | $1.17B | $116M | $481M | $229M | $560M | |
| EPS (Basic) | $6.41 | $5.81 | $4.74 | $5.87 | $4.20 | $3.29 | $3.56 | $4.60 | $0.43 | $1.75 | $0.78 | $1.77 | |
| EPS (Diluted) | $6.35 | $5.67 | $4.63 | $5.79 | $4.09 | $3.23 | $3.52 | $4.51 | $0.42 | $1.71 | $0.77 | $1.75 | |
| Shares (Basic) | 199,000,000 | 204,000,000 | 208,000,000 | 217,000,000 | 223,000,000 | 222,000,000 | 230,000,000 | 254,000,000 | 268,000,000 | 275,000,000 | 294,000,000 | 316,000,000 | |
| Shares (Diluted) | 201,000,000 | 209,000,000 | 213,000,000 | 220,000,000 | 229,000,000 | 226,000,000 | 233,000,000 | 259,000,000 | 276,000,000 | 281,000,000 | 297,000,000 | 321,000,000 | |
| EBITDA | $1.85B | $1.53B | $1.41B | $1.20B | $1.30B | $1.19B | $1.10B | $1.37B | $1.27B | $843M | $560M | $960M |
Balance Sheet
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.07B | $2.74B | $1.90B | $2.32B | $4.11B | $4.53B | $2.66B | $2.33B | $2.94B | $2.44B | $2.87B | $1.92B | |
| Short-term Investments | $1.51B | $1.10B | $1.35B | $754M | $22M | $67M | $224M | $1.57B | $2.45B | $2.48B | $2.44B | $3.40B | |
| Receivables | $1.29B | $1.25B | $1.01B | $987M | $1.23B | $945M | $973M | $1.22B | $1.05B | $731M | $813M | $779M | |
| Inventory | $198M | $186M | $186M | $167M | $204M | $114M | $145M | $131M | $122M | $163M | $98M | $146M | |
| Prepaid Expense | · | · | · | · | · | · | · | · | · | · | $234M | $268M | |
| Other Current Assets | $708M | $573M | $452M | $456M | $377M | $346M | $274M | $364M | $392M | $383M | $234M | $522M | |
| Current Assets | $5.78B | $5.85B | $4.90B | $4.68B | $5.95B | $6.00B | $4.27B | $5.61B | $6.95B | $6.20B | $6.45B | $6.77B | |
| PP&E (Net) | $592M | $563M | $604M | $650M | $602M | $525M | $727M | $759M | $756M | $799M | $937M | $1.03B | |
| PP&E (Gross) | $1.99B | $2.13B | $2.08B | $2.01B | $1.85B | $1.80B | $2.09B | $2.09B | $2.00B | $2.05B | $2.19B | $2.22B | |
| Accum. Depreciation | $1.39B | $1.57B | $1.48B | $1.36B | $1.25B | $1.27B | $1.36B | $1.33B | $1.25B | $1.25B | $1.25B | $1.19B | |
| Goodwill | $2.77B | $2.72B | $2.76B | $2.76B | $2.35B | $2.04B | $1.78B | $1.74B | $1.74B | $1.68B | $1.68B | $1.03B | |
| Intangibles | $22M | $43M | $124M | $181M | $142M | $101M | $44M | $47M | $94M | $131M | $180M | $90M | |
| Other Non-current Assets | $1.58B | $1.64B | $1.50B | $1.55B | $991M | $694M | $699M | $590M | $450M | $681M | $796M | $481M | |
| Total Assets | $10.74B | $10.82B | $9.89B | $9.82B | $10.03B | $9.36B | $7.52B | $8.74B | $9.99B | $9.49B | $10.04B | $9.40B | |
| Accounts Payable | $550M | $511M | $517M | $392M | $607M | $420M | $426M | $542M | $609M | $347M | $254M | $284M | |
| Accrued Liabilities | $1.15B | $1.12B | $1.01B | $857M | $925M | $970M | $774M | $851M | $825M | $782M | $765M | $701M | |
| Short-term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $522M | $249M | $385M | $500M | $849M | $0 | |
| Current Liabilities | $4.02B | $4.66B | $4.11B | $3.47B | $3.95B | $3.45B | $3.62B | $3.87B | $3.53B | $4.12B | $3.66B | $2.71B | |
| Capital Leases | $204M | $216M | $220M | $248M | $257M | $71M | $93M | $0 | · | · | · | · | |
| Other Non-current Liabilities | $360M | $379M | $585M | $708M | $788M | $650M | $714M | $797M | $992M | $249M | $413M | $318M | |
| Total Liabilities | $9.39B | $9.78B | $8.74B | $8.66B | $9.19B | $8.68B | $7.28B | $7.65B | $7.71B | $6.71B | $7.16B | $5.99B | |
| Long-term Debt | $2.49B | $3.23B | $2.39B | $2.39B | $2.64B | $2.63B | $1.15B | $1.54B | $1.54B | $1.49B | $1.49B | · | |
| Total Debt | $2.49B | $3.23B | $2.39B | $2.39B | $2.64B | $2.63B | $1.67B | $1.79B | $1.93B | $1.49B | $2.34B | $1.49B | |
| Common Stock | · | · | · | · | · | · | · | · | · | · | · | $300.0K | |
| Retained Earnings | $153M | $0 | $208M | $265M | $122M | $211M | $0 | $0 | $-9M | $40M | $0 | $53M | |
| AOCI | $-11M | $-66M | $-59M | $-51M | $-44M | $-30M | $-42M | $-43M | $-70M | $-29M | $-31M | $-24M | |
| Stockholders' Equity | $1.35B | $1.04B | $1.15B | $1.16B | $838M | $685M | $242M | $1.09B | $2.28B | $2.95B | $2.88B | $3.41B | |
| Liabilities + Equity | $10.74B | $10.82B | $9.89B | $9.82B | $10.03B | $9.36B | $7.52B | $8.74B | $9.99B | $9.49B | $10.04B | $9.40B | |
| Shares Outstanding | 196,000,000 | 201,000,000 | 206,000,000 | 212,000,000 | 220,000,000 | 222,000,000 | 219,000,000 | 240,000,000 | 263,000,000 | 269,000,000 | 281,000,000 | 306,000,000 |
Cash Flow
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $179M | $196M | $198M | $181M | $148M | $158M | $154M | $150M | $145M | $178M | $212M | $243M | |
| Stock-based Comp | $382M | $386M | $357M | $312M | $245M | $197M | $153M | $158M | $161M | $195M | $260M | $259M | |
| Deferred Tax | $135M | $-100M | $53M | $-606M | $-144M | $-6M | $-17M | $-3M | $270M | $74M | $-113M | $-3M | |
| Amort. of Intangibles | $21M | $47M | $57M | $68M | $46M | $49M | $39M | $46M | $53M | $48M | $67M | $64M | |
| Restructuring | $21M | $83M | $44M | $120M | $33M | $42M | $21M | $35M | $0 | $52M | $108M | $0 | |
| Other Non-cash | $95M | $-162M | $91M | $-54M | $25M | $254M | $-49M | $-133M | $819M | $14M | $386M | $208M | |
| Operating Cash Flow | $2.07B | $1.51B | $1.69B | $1.11B | $1.21B | $1.33B | $1.06B | $1.34B | $1.48B | $986M | $974M | $1.27B | |
| CapEx | $198M | $168M | $155M | $239M | $226M | $162M | $124M | $173M | $145M | $175M | $160M | $175M | |
| Investing Cash Flow | $-595M | $147M | $-735M | $-1.39B | $-561M | $21M | $1.27B | $704M | $-21M | $-223M | $85M | · | |
| Debt Issued | · | · | · | · | · | · | · | $0 | $795M | $0 | $0 | $495M | |
| Net Debt Issued | · | · | · | · | · | · | · | $0 | $45M | $0 | $0 | $495M | |
| Stock Repurchased | $950M | $1.15B | $900M | $850M | $600M | $125M | $1.41B | $2.11B | $794M | $705M | $960M | $1.17B | |
| Net Stock Activity | $-950M | $-1.15B | $-900M | $-850M | $-600M | $-125M | $-1.41B | $-2.11B | $-794M | $-705M | $-960M | $-1.17B | |
| Dividends Paid | $413M | $424M | $416M | $432M | $446M | $427M | $439M | $403M | $214M | $208M | $210M | $208M | |
| Financing Cash Flow | $-2.15B | $-828M | $-1.34B | $-1.51B | $-1.02B | $444M | $-1.96B | $-2.63B | $-986M | $-1.18B | $-109M | · | |
| Net Change in Cash | $-674M | $840M | $-413M | $-1.80B | $-416M | $1.87B | $335M | $-616M | $497M | $-427M | $946M | $-369M | |
| Taxes Paid | $435M | $412M | $357M | $386M | $398M | $338M | $276M | $205M | $87M | $102M | $161M | $97M | |
| Free Cash Flow | $1.87B | $1.34B | $1.53B | $868M | $985M | $1.17B | $936M | $1.17B | $1.33B | $811M | $814M | $1.09B | |
| Levered FCF | · | · | $1.48B | $788M | $923M | $1.11B | $888M | $1.11B | $1.33B | $771M | $781M | $1.06B |
Profitability
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 78.5% | 70.2% | 70.7% | 66.2% | 66.8% | 66.4% | 66.9% | 64.2% | 62.6% | 61.4% | 60.8% | 62.6% | |
| Operating Margin | 26.8% | 20.3% | 19.4% | 16.0% | 18.3% | 17.9% | 17.5% | 19.9% | 19.0% | 12.0% | 6.3% | 11.7% | |
| Net Margin | 20.5% | 18.1% | 15.7% | 20.0% | 14.8% | 12.7% | 15.1% | 19.0% | 1.3% | 9.2% | 4.1% | 9.1% | |
| Pretax Margin | 26.4% | 21.0% | 20.2% | 16.8% | 17.3% | 16.8% | 17.4% | 20.6% | 19.7% | 12.0% | 6.2% | 11.6% | |
| EBITDA Margin | 29.7% | 23.3% | 22.5% | 18.9% | 20.7% | 20.7% | 20.3% | 22.3% | 21.5% | 15.3% | 10.1% | 15.7% | |
| ROA | 11.8% | 11.5% | 10.0% | 12.8% | 9.7% | 8.6% | 10.1% | 12.5% | 0.79% | 5.2% | 2.4% | 6.0% | |
| ROE | 109.2% | 116.6% | 92.2% | 112.7% | 108.9% | 125.5% | 312.6% | 100.8% | 3.0% | 18.0% | 7.3% | 15.6% | |
| ROIC | 33.8% | 26.8% | 26.8% | 34.3% | 28.5% | 23.6% | 42.9% | 39.1% | 1.8% | 11.9% | 4.4% | 11.5% |
Liquidity & Solvency
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.4 | 1.3 | 1.2 | 1.3 | 1.5 | 1.7 | 1.2 | 1.5 | 1.9 | 1.5 | 1.8 | 2.5 | |
| Quick Ratio | 1.2 | 1.1 | 1.0 | 1.2 | 1.4 | 1.6 | 1.1 | 1.3 | 1.8 | 1.4 | 1.7 | 2.3 | |
| Debt / Equity | 1.8 | 3.1 | 2.1 | 2.1 | 3.1 | 3.8 | 6.9 | 1.6 | 0.9 | 0.5 | 0.8 | 0.4 | |
| LT Debt / Equity | 1.8 | 2.4 | 1.7 | 2.1 | 2.8 | 3.8 | 4.7 | 1.0 | 0.7 | 0.3 | 0.5 | 0.4 | |
| Interest Coverage | · | · | 19.0 | 15.2 | 15.8 | 13.9 | 17.2 | 21.1 | 18.1 | 12.8 | 7.1 | 17.1 |
Efficiency
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | 0.6 | 0.6 | 0.6 | 0.7 | |
| Inventory Turnover | 10.6 | 10.5 | 10.4 | 11.6 | 13.2 | 14.9 | 13.0 | 17.4 | 15.3 | 16.3 | 17.8 | 17.0 | |
| Receivables Turnover | 4.9 | 5.8 | 6.3 | 5.7 | 5.8 | 6.0 | 4.9 | 5.4 | 6.8 | 7.1 | 7.0 | 7.5 |
Per Share
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $6.89 | $5.17 | $5.56 | $5.47 | $3.81 | $3.09 | $1.10 | $4.54 | $7.86 | $10.33 | $10.25 | $11.15 | |
| Revenue / Share | $31.03 | $31.45 | $29.43 | $28.92 | $27.59 | $25.42 | $23.23 | $23.73 | $21.42 | $19.64 | $18.67 | $19.09 | |
| Cash Flow / Share | $10.28 | $7.21 | $7.91 | $5.03 | $5.29 | $5.90 | $4.55 | $5.18 | $5.36 | $3.51 | $3.28 | $3.95 | |
| Cash / Share | $10.56 | $13.64 | $9.24 | $10.92 | $18.69 | $20.40 | $12.14 | $9.69 | $11.18 | $9.09 | $10.21 | $6.28 | |
| Dividend / Share | $2.08 | $2.08 | $2.00 | $2.00 | $2.00 | $1.92 | $1.92 | $1.60 | $0.80 | $0.76 | $0.72 | $0.66 | |
| EPS (TTM) | $6.35 | $5.67 | $4.63 | $5.79 | $4.09 | $3.23 | $3.52 | $4.51 | $0.42 | $1.71 | $0.77 | $1.75 |
Growth Rates
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 5.6% | 4.4% | -11.1% | 0.70% | 10.0% | 6.1% | · | · | · | · | · | · | |
| Revenue CAGR 3Y | -0.66% | -2.2% | -0.51% | 5.5% | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 1.7% | 4.0% | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 12.0% | 22.5% | -20.0% | 41.6% | 26.6% | -8.2% | · | · | · | · | · | · | |
| EPS CAGR 3Y | 3.1% | 11.5% | 12.8% | 18.0% | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 14.5% | 10.0% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 7.6% | 20.3% | -22.6% | 36.0% | 28.4% | -10.9% | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 0.05% | 8.2% | 10.5% | 15.9% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 11.8% | 7.7% | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid CAGR 5Y | -0.66% | -0.69% | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $6.24B | $6.57B | $6.27B | $6.36B | $6.32B | $5.74B | $5.41B | $6.15B | $5.92B | $5.49B | $5.55B | $6.12B | |
| Net Income TTM | $1.28B | $1.19B | $986M | $1.27B | $937M | $730M | $819M | $1.17B | $116M | $481M | $229M | $560M | |
| Market Cap | $21.31B | $17.78B | $20.87B | $13.33B | $16.11B | $16.58B | $9.43B | $17.26B | $17.73B | $10.72B | $6.64B | $11.06B | |
| Enterprise Value | $20.21B | $17.17B | $20.01B | $12.65B | $14.62B | $14.62B | $8.22B | $15.15B | $14.26B | $7.29B | $3.68B | $7.22B | |
| P/E | 17.1 | 15.6 | 21.9 | 10.9 | 17.9 | 23.1 | 12.2 | 15.9 | 160.5 | 23.3 | 30.7 | 20.6 | |
| P/S | 3.4 | 2.7 | 3.3 | 2.1 | 2.6 | 2.9 | 1.7 | 2.8 | 3.0 | 2.0 | 1.2 | 1.8 | |
| P/B | 15.8 | 17.1 | 18.2 | 11.5 | 19.2 | 24.2 | 39.0 | 15.8 | 8.6 | 3.9 | 2.3 | 3.2 | |
| P / Cash Flow | 10.3 | 11.8 | 12.4 | 12.0 | 13.3 | 12.4 | 8.9 | 12.9 | 12.0 | 10.9 | 6.8 | 8.7 | |
| P / FCF | 11.4 | 13.3 | 13.6 | 15.4 | 16.4 | 14.2 | 10.1 | 14.8 | 13.3 | 13.2 | 8.2 | 10.1 | |
| EV / EBITDA | 10.9 | 11.2 | 14.2 | 10.6 | 11.2 | 12.3 | 7.5 | 11.1 | 11.2 | 8.6 | 6.6 | 7.5 | |
| EV / FCF | 10.8 | 12.8 | 13.1 | 14.6 | 14.8 | 12.5 | 8.8 | 13.0 | 10.7 | 9.0 | 4.5 | 6.6 | |
| EV / Revenue | 3.2 | 2.6 | 3.2 | 2.0 | 2.3 | 2.5 | 1.5 | 2.5 | 2.4 | 1.3 | 0.7 | 1.2 | |
| Dividend Yield | 1.9% | 2.4% | 2.0% | 3.2% | 2.8% | 2.6% | 4.7% | 2.3% | 1.2% | 1.9% | 3.2% | 1.9% | |
| Earnings Yield | 5.8% | 6.4% | 4.6% | 9.2% | 5.6% | 4.3% | 8.2% | 6.3% | 0.62% | 4.3% | 3.3% | 4.8% | |
| Payout Ratio | 32.4% | 35.8% | 42.2% | 33.9% | 47.6% | 58.5% | 53.6% | 34.5% | 281.6% | 40.9% | 91.7% | 37.0% | |
| Annual Payout | $413M | $424M | $416M | $432M | $446M | $427M | $439M | $403M | $214M | $208M | $210M | $208M |
Income Statement
| Metric | Trend | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.82B | $1.26B | $1.71B | $1.71B | $1.40B | $1.07B | $1.64B | $1.66B | $1.54B | $1.06B | $1.61B | $1.56B | $1.43B | $1.58B | $1.53B | $1.66B | |
| Cost of Revenue | $606M | $583M | $504M | $478M | $461M | $539M | $496M | $481M | $443M | $492M | $455M | $452M | $436M | $506M | $525M | $576M | |
| Gross Profit | $1.42B | $1.36B | $1.21B | $1.23B | $1.10B | $1.19B | $1.15B | $1.18B | $1.10B | $1.18B | $1.15B | $1.11B | $996M | $1.07B | $1.00B | $1.09B | |
| R&D Expense | $274M | $261M | $237M | $251M | $242M | $256M | $247M | $257M | $252M | $271M | $249M | $262M | $247M | $243M | $230M | $243M | |
| SG&A Expense | $98M | $85M | $86M | $89M | $84M | $85M | $74M | $77M | $75M | $78M | $81M | $75M | $74M | $67M | $59M | $67M | |
| Operating Expenses | $935M | $833M | $775M | $828M | $789M | $845M | $783M | $832M | $816M | $810M | $785M | $806M | $818M | $766M | $829M | $805M | |
| Operating Income | $484M | $532M | $434M | $399M | $309M | $348M | $362M | $345M | $282M | $366M | $366M | $304M | $178M | $309M | $172M | $282M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | · | $17M | $15M | $16M | · | $16M | $17M | |
| Interest Income | · | $25M | $25M | $27M | $36M | $29M | $20M | $27M | $36M | $32M | $27M | $25M | $28M | $27M | $21M | $14M | |
| Other Non-op | $0 | $-11M | $0 | $-7M | $-5M | $-2M | $0 | $3M | $-3M | $0 | $6M | $-1M | $-4M | $-6M | $0 | $26M | |
| Pretax Income | $484M | $518M | $433M | $393M | $304M | $354M | $370M | $360M | $299M | $380M | $382M | $315M | $186M | $314M | $177M | $305M | |
| Income Tax | $109M | $114M | $99M | $88M | $71M | $14M | $71M | $61M | $51M | $89M | $69M | $82M | $37M | $69M | $112M | $-445M | |
| Net Income | $375M | $404M | $334M | $305M | $233M | $340M | $299M | $299M | $248M | $291M | $313M | $233M | $149M | $245M | $65M | $750M | |
| EPS (Basic) | $1.91 | $2.03 | $1.69 | $1.53 | $1.16 | $1.67 | $1.47 | $1.47 | $1.20 | $1.40 | $1.52 | $1.12 | $0.70 | $1.14 | $0.30 | $3.46 | |
| EPS (Diluted) | $1.88 | $2.02 | $1.67 | $1.51 | $1.15 | $1.64 | $1.44 | $1.42 | $1.17 | $1.36 | $1.48 | $1.10 | $0.69 | $1.12 | $0.30 | $3.41 | |
| Shares (Basic) | 196,000,000 | · | 198,000,000 | 199,000,000 | 201,000,000 | · | 204,000,000 | 204,000,000 | 206,000,000 | · | 206,000,000 | 208,000,000 | 212,000,000 | · | 216,000,000 | 217,000,000 | |
| Shares (Diluted) | 200,000,000 | · | 200,000,000 | 202,000,000 | 203,000,000 | · | 208,000,000 | 210,000,000 | 212,000,000 | · | 211,000,000 | 211,000,000 | 216,000,000 | · | 219,000,000 | 220,000,000 | |
| EBITDA | $484M | · | $434M | $399M | $309M | · | $362M | $345M | $282M | · | $366M | $304M | $178M | · | $172M | $282M |
Balance Sheet
| Metric | Trend | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.57B | $2.07B | $1.63B | $2.07B | $2.08B | $2.74B | $1.51B | $1.48B | $1.65B | $1.90B | $1.82B | $1.93B | $2.02B | · | $2.64B | $2.67B | |
| Short-term Investments | $2.00B | $1.51B | $1.38B | $942M | $1.24B | $1.10B | $750M | $744M | $1.36B | $1.35B | $1.10B | $686M | $955M | · | $501M | $364M | |
| Receivables | $966M | $1.29B | $1.31B | $988M | $787M | $1.25B | $898M | $873M | $679M | $1.01B | $787M | $787M | $653M | · | $821M | $910M | |
| Inventory | $375M | $198M | $109M | $127M | $133M | $186M | $268M | $317M | $214M | $186M | $131M | $122M | $131M | · | $175M | $244M | |
| Other Current Assets | $755M | $708M | $565M | $525M | $443M | $573M | $481M | $527M | $411M | $452M | $492M | $464M | $401M | · | $403M | $416M | |
| Current Assets | $5.67B | $5.78B | $5.00B | $4.65B | $4.69B | $5.85B | $3.91B | $3.94B | $4.32B | $4.90B | $4.33B | $3.99B | $4.16B | · | $4.54B | $4.60B | |
| PP&E (Net) | $663M | $592M | $576M | $568M | $570M | $563M | $567M | $593M | $594M | $604M | $607M | $623M | $641M | · | $667M | $661M | |
| PP&E (Gross) | $2.07B | $1.99B | $2.23B | $2.19B | $2.17B | $2.13B | $2.12B | $2.13B | $2.11B | $2.08B | $2.07B | $2.05B | $2.03B | · | $2.01B | $1.96B | |
| Accum. Depreciation | $1.41B | $1.39B | $1.65B | $1.62B | $1.60B | $1.57B | $1.55B | $1.53B | $1.51B | $1.48B | $1.46B | $1.42B | $1.39B | · | $1.34B | $1.30B | |
| Goodwill | $2.92B | $2.77B | $2.76B | $2.73B | $2.73B | $2.72B | $2.72B | $2.76B | $2.76B | $2.76B | $2.76B | $2.76B | $2.76B | $2.76B | $2.77B | $2.77B | |
| Intangibles | $38M | $22M | $26M | $31M | $37M | $43M | $49M | $96M | $110M | $124M | $138M | $152M | $166M | · | $198M | $215M | |
| Other Non-current Assets | $1.67B | $1.58B | $1.62B | $1.65B | $1.65B | $1.64B | $1.74B | $1.62B | $1.53B | $1.50B | $1.54B | $1.55B | $1.54B | · | $1.54B | $1.53B | |
| Total Assets | $10.96B | $10.74B | $9.97B | $9.63B | $9.68B | $10.82B | $8.99B | $9.00B | $9.31B | $9.89B | $9.37B | $9.07B | $9.27B | · | $9.71B | $9.78B | |
| Accounts Payable | $566M | $550M | $413M | $436M | $404M | $511M | $434M | $554M | $437M | $517M | $396M | $411M | $344M | · | $432M | $584M | |
| Accrued Liabilities | $1.20B | $1.15B | $908M | $890M | $895M | $1.12B | $941M | $969M | $793M | $1.01B | $876M | $919M | $778M | · | $835M | $819M | |
| Short-term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | · | $0 | $0 | |
| Current Liabilities | $4.57B | $4.02B | $3.59B | $3.47B | $3.57B | $4.66B | $4.20B | $4.32B | $4.51B | $4.11B | $3.77B | $3.73B | $3.25B | · | $3.39B | $3.40B | |
| Capital Leases | · | $204M | $207M | $211M | $219M | $216M | $215M | $216M | $216M | $220M | $225M | $230M | $238M | · | $254M | $261M | |
| Other Non-current Liabilities | $360M | $360M | $375M | $387M | $394M | $379M | $503M | $496M | $590M | $585M | $585M | $580M | $703M | · | $737M | $737M | |
| Total Liabilities | $9.46B | $9.39B | $8.81B | $8.64B | $8.70B | $9.78B | $7.99B | $8.11B | $8.38B | $8.74B | $8.38B | $8.30B | $8.40B | · | $8.61B | $8.58B | |
| Long-term Debt | $2.49B | $2.49B | $2.49B | $2.49B | $2.48B | $3.23B | $1.99B | $1.99B | $2.39B | $2.39B | $2.39B | $2.39B | · | · | $2.39B | $2.39B | |
| Total Debt | $2.49B | · | $2.49B | $2.49B | $2.48B | · | $1.99B | $1.99B | $2.39B | · | $2.39B | $2.39B | $2.39B | · | $2.39B | $2.39B | |
| Retained Earnings | $235M | $153M | $40M | $0 | $0 | $0 | $0 | $0 | $0 | $208M | $115M | $0 | $0 | · | $268M | $499M | |
| AOCI | $-21M | $-11M | $-29M | $-50M | $-40M | $-66M | $-65M | $-55M | $-59M | $-59M | $-55M | $-55M | $-48M | · | $-55M | $-62M | |
| Stockholders' Equity | $1.50B | $1.35B | $1.16B | $986M | $975M | $1.04B | $995M | $892M | $929M | $1.15B | $994M | $770M | $873M | $1.16B | $1.10B | $1.20B | |
| Liabilities + Equity | $10.96B | $10.74B | $9.97B | $9.63B | $9.68B | $10.82B | $8.99B | $9.00B | $9.31B | $9.89B | $9.37B | $9.07B | $9.27B | · | $9.71B | $9.78B | |
| Shares Outstanding | 196,000,000 | 196,000,000 | 198,000,000 | 198,000,000 | 200,000,000 | 201,000,000 | 203,000,000 | 203,000,000 | 205,000,000 | 206,000,000 | 206,000,000 | 206,000,000 | 209,000,000 | · | 214,000,000 | 217,000,000 |
Cash Flow
| Metric | Trend | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $33M | $49M | $48M | $52M | $51M | $53M | $64M | $63M | $63M | $64M | $63M | $64M | $64M | $66M | $65M | $59M | |
| Stock-based Comp | $98M | $100M | $97M | $102M | $83M | $95M | $103M | $103M | $85M | $88M | $89M | $93M | $87M | $74M | $93M | $78M | |
| Deferred Tax | $-5M | $87M | $29M | $10M | $9M | $10M | $-41M | $-52M | $-17M | $55M | $11M | $-7M | $-6M | $-29M | $-7M | $-555M | |
| Amort. of Intangibles | · | $4M | $5M | $6M | $6M | $6M | $13M | $14M | $14M | $14M | $14M | $14M | $15M | $17M | $17M | $17M | |
| Restructuring | $56M | $-1M | $-3M | $23M | $2M | $45M | $9M | $12M | $17M | $0 | $13M | $5M | $26M | $11M | $87M | $11M | |
| Operating Cash Flow | $503M | $950M | $317M | $127M | $673M | $675M | $385M | $105M | $341M | $613M | $484M | $135M | $453M | $235M | $377M | $214M | |
| CapEx | $102M | $50M | $46M | $49M | $53M | $35M | $47M | $45M | $41M | $46M | $36M | $38M | $35M | $39M | $58M | $77M | |
| Investing Cash Flow | $-674M | $-180M | $-483M | $249M | $-181M | $-313M | $-53M | $564M | $-51M | $-297M | $-437M | $227M | $-228M | $-285M | $-189M | $-288M | |
| Stock Repurchased | $200M | $200M | $200M | $250M | $300M | $250M | $200M | $300M | $400M | $100M | $100M | $300M | $400M | $150M | $200M | $150M | |
| Net Stock Activity | $-200M | · | · | · | $-300M | · | · | · | $-400M | · | · | · | $-400M | · | · | · | |
| Dividends Paid | $102M | $103M | $103M | $103M | $104M | $105M | $106M | $106M | $107M | $104M | $103M | $103M | $106M | $106M | $108M | $108M | |
| Financing Cash Flow | $-319M | $-328M | $-279M | $-383M | $-1.16B | $851M | $-289M | $-842M | $-548M | $-224M | $-178M | $-421M | $-521M | $-269M | $-265M | $-520M | |
| Net Change in Cash | $-496M | $440M | $-444M | $-12M | $-658M | $1.23B | $31M | $-172M | $-250M | $83M | $-115M | $-85M | $-296M | $-324M | $-30M | $-619M | |
| Taxes Paid | $29M | $105M | $45M | $274M | $11M | $125M | $65M | $201M | $21M | $63M | $72M | $213M | $9M | $96M | $87M | $191M | |
| Free Cash Flow | $401M | · | · | · | $620M | · | · | · | $300M | · | · | · | $418M | · | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | · | · | · | $405M | · | · | · |
Profitability
| Metric | Trend | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 78.0% | · | 70.6% | 72.0% | 70.4% | · | 69.8% | 71.0% | 71.2% | · | 71.7% | 71.1% | 69.5% | · | 65.6% | 65.4% | |
| Operating Margin | 26.6% | · | 25.3% | 23.4% | 19.8% | · | 22.1% | 20.8% | 18.3% | · | 22.8% | 19.5% | 12.4% | · | 11.3% | 17.0% | |
| Net Margin | 20.6% | · | 19.5% | 17.9% | 14.9% | · | 18.2% | 18.0% | 16.1% | · | 19.5% | 14.9% | 10.4% | · | 4.3% | 45.1% | |
| Pretax Margin | 26.6% | · | 25.3% | 23.1% | 19.5% | · | 22.6% | 21.7% | 19.4% | · | 23.8% | 20.2% | 13.0% | · | 11.6% | 18.3% | |
| EBITDA Margin | 26.6% | · | 25.3% | 23.4% | 19.8% | · | 22.1% | 20.8% | 18.3% | · | 22.8% | 19.5% | 12.4% | · | 11.3% | 17.0% | |
| ROA | 3.6% | · | 3.5% | 3.3% | 2.5% | · | 3.3% | 3.3% | 2.7% | · | 3.3% | 2.5% | 1.6% | · | 0.68% | 7.9% | |
| ROE | 30.4% | · | 31.0% | 32.5% | 24.5% | · | 30.1% | 36.0% | 27.5% | · | 29.9% | 23.6% | 19.5% | · | 6.6% | 76.5% | |
| ROIC | 9.4% | · | 9.2% | 8.9% | 6.8% | · | 9.8% | 9.9% | 7.0% | · | 8.9% | 7.1% | 4.4% | · | 1.8% | 19.3% |
Liquidity & Solvency
| Metric | Trend | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.2 | · | 1.4 | 1.3 | 1.3 | · | 0.9 | 0.9 | 1.0 | · | 1.1 | 1.1 | 1.3 | · | 1.3 | 1.4 | |
| Quick Ratio | 1.0 | · | 1.2 | 1.2 | 1.2 | · | 0.8 | 0.7 | 0.8 | · | 1.0 | 0.9 | 1.1 | · | 1.2 | 1.2 | |
| Debt / Equity | 1.7 | · | 2.1 | 2.5 | 2.5 | · | 2.0 | 2.2 | 2.6 | · | 2.4 | 3.1 | 2.7 | · | 2.2 | 2.0 | |
| LT Debt / Equity | 1.3 | · | 2.1 | 2.5 | 2.5 | · | 1.3 | 1.4 | 1.3 | · | 2.0 | 2.6 | 2.7 | · | 2.2 | 2.0 | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | · | 21.5 | 20.3 | 11.1 | · | 10.8 | 16.6 |
Efficiency
| Metric | Trend | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | |
| Inventory Turnover | 2.4 | · | 2.7 | 2.2 | 2.7 | · | 2.5 | 2.2 | 2.6 | · | 3.0 | 2.5 | 2.4 | · | 3.1 | 2.9 | |
| Receivables Turnover | 2.1 | · | 1.5 | 1.8 | 2.1 | · | 1.9 | 2.0 | 2.3 | · | 2.0 | 1.8 | 1.9 | · | 1.9 | 2.1 |
Per Share
| Metric | Trend | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $7.63 | · | $5.85 | $4.98 | $4.88 | · | $4.90 | $4.39 | $4.53 | · | $4.83 | $3.74 | $4.18 | · | $5.15 | $5.54 | |
| Revenue / Share | $9.10 | · | $8.56 | $8.44 | $7.68 | · | $7.89 | $7.90 | $7.27 | · | $7.61 | $7.40 | $6.63 | · | $6.97 | $7.56 | |
| Cash Flow / Share | $2.52 | · | · | · | $3.32 | · | · | · | $1.61 | · | · | · | $2.10 | · | · | · | |
| Cash / Share | $8.03 | · | $8.23 | $10.46 | $10.43 | · | $7.44 | $7.28 | $8.06 | · | $8.84 | $9.39 | $9.67 | · | $12.34 | $12.30 | |
| Dividend / Share | $0.52 | $0.52 | $0.52 | $0.52 | $0.52 | $0.52 | $0.52 | $0.52 | $0.52 | $0.50 | $0.50 | $0.50 | $0.50 | $0.50 | $0.50 | $0.50 | |
| EPS (TTM) | $7.08 | · | $5.97 | $5.74 | $5.65 | · | $5.39 | $5.43 | $5.11 | · | $4.39 | $3.21 | $5.52 | · | $5.80 | $6.60 |
Valuation (TTM)
| Metric | Trend | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $6.50B | · | $5.88B | $5.81B | $5.76B | · | $5.90B | $5.86B | $5.77B | · | $6.18B | $6.10B | $6.20B | · | $6.46B | $6.55B | |
| Net Income TTM | $1.42B | · | $1.21B | $1.18B | $1.17B | · | $1.14B | $1.15B | $1.08B | · | $940M | $692M | $1.21B | · | $1.29B | $1.48B | |
| Market Cap | $34.99B | · | $19.29B | $23.09B | $20.99B | · | $25.58B | $24.24B | $25.86B | · | $18.14B | $14.79B | $16.14B | · | $14.03B | $15.06B | |
| Enterprise Value | $33.90B | · | $18.77B | $22.57B | $20.15B | · | $25.31B | $24.01B | $25.24B | · | $17.61B | $14.56B | $15.56B | · | $13.27B | $14.41B | |
| P/E | 25.2 | · | 16.3 | 20.3 | 18.6 | · | 23.4 | 22.0 | 24.7 | · | 20.1 | 22.4 | 14.0 | · | 11.3 | 10.5 | |
| P/S | 5.4 | · | 3.3 | 4.0 | 3.6 | · | 4.3 | 4.1 | 4.5 | · | 2.9 | 2.4 | 2.6 | · | 2.2 | 2.3 | |
| P/B | 23.4 | · | 16.7 | 23.4 | 21.5 | · | 25.7 | 27.2 | 27.8 | · | 18.2 | 19.2 | 18.5 | · | 12.7 | 12.5 | |
| P / Cash Flow | 69.6 | · | · | · | 31.2 | · | · | · | 75.8 | · | · | · | 35.6 | · | · | · | |
| EV / Revenue | 5.2 | · | 3.2 | 3.9 | 3.5 | · | 4.3 | 4.1 | 4.4 | · | 2.8 | 2.4 | 2.5 | · | 2.1 | 2.2 | |
| Dividend Yield | 1.2% | · | 2.1% | 1.8% | 2.0% | · | 1.7% | 1.7% | 1.6% | · | 2.3% | 2.9% | 2.6% | · | 3.1% | 2.9% | |
| Earnings Yield | 4.0% | · | 6.1% | 4.9% | 5.4% | · | 4.3% | 4.5% | 4.0% | · | 5.0% | 4.5% | 7.1% | · | 8.8% | 9.5% | |
| Payout Ratio | 27.2% | · | · | · | 44.6% | · | · | · | 43.1% | · | · | · | 71.1% | · | · | · | |
| Annual Payout | $411M | · | $415M | $418M | $421M | · | $423M | $420M | $417M | · | $418M | $423M | $428M | · | $437M | $440M |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2026-04-24 | 2025-04-25 | 2024-04-26 | 2023-04-28 | 2022-04-29 |
|---|---|---|---|---|---|
| Revenue | $6.24B | $5.91B | $5.66B | $6.36B | $6.32B |
| Gross Margin % | 78.5% | 70.2% | 70.7% | 66.2% | 66.8% |
| Operating Margin % | 26.8% | 20.3% | 19.4% | 16.0% | 18.3% |
| Net Income | $1.28B | $1.19B | $986M | $1.27B | $937M |
| Diluted EPS | $6.35 | $5.67 | $4.63 | $5.79 | $4.09 |
| Metric | 2026-04-24 | 2025-04-25 | 2024-04-26 | 2023-04-28 | 2022-04-29 |
|---|---|---|---|---|---|
| Debt / Equity | 1.8 | 3.1 | 2.1 | 2.1 | 3.1 |
| Current Ratio | 1.4 | 1.3 | 1.2 | 1.3 | 1.5 |
| Quick Ratio | 1.2 | 1.1 | 1.0 | 1.2 | 1.4 |
| Metric | 2026-04-24 | 2025-04-25 | 2024-04-26 | 2023-04-28 | 2022-04-29 |
|---|---|---|---|---|---|
| Free Cash Flow | $1.87B | $1.34B | $1.53B | $868M | $985M |
Institutional owners (13F) 1,045 filers · $31.7B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
1,045
Value held
$31.7B
New positions
187
Exited positions
71
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 187 (+71 vs prior Q) | 71 (-44 vs prior Q) | 320 (0 vs prior Q) | 340 (+16 vs prior Q) | +2.1M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| BlackRock, Inc. | $2,925,168,324 | 18,901,321 | 9.23% | Shares |
| VANGUARD GROUP INC | $2,908,306,741 | 27,157,594 | 9.18% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $1,994,165,861 | 12,885,538 | 6.29% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1,899,985,425 | 12,276,980 | 6.00% | Shares |
| STATE STREET CORP | $1,535,456,447 | 9,921,533 | 4.85% | Shares |
| PRIMECAP MANAGEMENT CO/CA/ | $1,395,422,945 | 9,016,690 | 4.40% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $986,502,806 | 6,368,156 | 3.11% | Shares |
| AMERIPRISE FINANCIAL INC | $723,901,734 | 4,677,207 | 2.28% | Shares |
| NORGES BANK | $645,480,591 | 4,170,849 | 2.04% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $597,376,541 | 3,860,019 | 1.89% | Shares |
| Boston Partners | $530,054,716 | 3,424,015 | 1.67% | Shares |
| FIRST TRUST ADVISORS LP | $480,528,530 | 3,104,993 | 1.52% | Shares |
| Invesco Ltd. | $478,145,967 | 3,089,597 | 1.51% | Shares |
| GOLDMAN SACHS GROUP INC | $475,907,713 | 3,075,134 | 1.50% | Shares |
| MORGAN STANLEY | $437,834,129 | 2,829,113 | 1.38% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $415,739,852 | 4,060,356 | 1.31% | Shares |
| NORTHERN TRUST CORP | $411,269,747 | 2,657,468 | 1.30% | Shares |
| LYRICAL ASSET MANAGEMENT LP | $381,612,006 | 2,465,831 | 1.20% | Shares |
| JANE STREET GROUP, LLC | $369,717,617 | 2,388,974 | 1.17% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $343,659,131 | 2,220,548 | 1.08% | Shares |
| CITIGROUP INC | $311,179,956 | 2,010,726 | 0.98% | Shares |
| Legal & General Group Plc | $258,092,940 | 1,667,698 | 0.81% | Shares |
| JPMORGAN CHASE & CO | $245,038,987 | 1,580,284 | 0.77% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $238,237,234 | 1,539,398 | 0.75% | Shares |
| BANK OF AMERICA CORP /DE/ | $235,682,153 | 1,522,888 | 0.74% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $234,839,687 | 1,517,444 | 0.74% | Shares |
| Epoch Investment Partners, Inc. | $227,580,616 | 1,470,539 | 0.72% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $209,793,740 | 1,355,607 | 0.66% | Shares |
| DEUTSCHE BANK AG\ | $195,202,813 | 1,261,326 | 0.62% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $194,778,075 | 1,262,497 | 0.61% | Shares |
| TD Asset Management Inc | $194,618,593 | 1,257,551 | 0.61% | Shares |
| Nuveen, LLC | $187,417,856 | 1,211,023 | 0.59% | Shares |
| ROYAL BANK OF CANADA | $183,271,000 | 1,184,228 | 0.58% | Shares |
| Bank of New York Mellon Corp | $181,772,488 | 1,174,544 | 0.57% | Shares |
| TWO SIGMA INVESTMENTS, LP | $176,959,084 | 1,143,442 | 0.56% | Shares |
| Allianz Asset Management GmbH | $176,674,635 | 1,141,604 | 0.56% | Shares |
| Amundi | $175,447,051 | 1,133,695 | 0.55% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $172,892,765 | 1,117,167 | 0.55% | Shares |
| UBS Group AG | $154,733,691 | 999,830 | 0.49% | Shares |
| Robeco Institutional Asset Management B.V. | $152,339,864 | 984,362 | 0.48% | Shares |
| HSBC HOLDINGS PLC | $144,847,597 | 936,340 | 0.46% | Shares |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $129,970,698 | 839,821 | 0.41% | Shares |
| EDMOND DE ROTHSCHILD HOLDING S.A. | $128,173,006 | 828,205 | 0.40% | Shares |
| LAZARD ASSET MANAGEMENT LLC | $127,920,592 | 826,574 | 0.40% | Shares |
| FEDERATED HERMES, INC. | $119,350,769 | 771,199 | 0.38% | Shares |
| FMR LLC | $117,446,997 | 758,897 | 0.37% | Shares |
| CITADEL ADVISORS LLC | $116,763,170 | 754,479 | 0.37% | Shares |
| SEI INVESTMENTS CO | $110,394,476 | 713,328 | 0.35% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $102,955,483 | 665,259 | 0.32% | Shares |
| Vinva Investment Management Ltd | $99,852,977 | 641,397 | 0.32% | Shares |
Activists & 5%+ owners 1 position
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| NetApp, Inc. ×3 filings | June 17, 2009 | · | Initial filing | M&A / sale | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 52 insiders · 20 officers · 22 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| George Kurian | CEO | Sept. 29, 2026 S | 218,537 | 0 | 8 | $-28,152,574 |
| Thomas Georgens | Former CEO | June 3, 2015 M | 11,131 | 0 | 0 | $0 |
| Wissam G Jabre | EVP, CFO | Aug. 15, 2026 M | 38,610 | 0 | 0 | $0 |
| Michael J Berry | EVP, CFO | March 5, 2025 S | 88,098 | 0 | 0 | $0 |
| Ronald J Pasek | EVP Finance & Operations, CFO | June 1, 2020 M | 119,128 | 0 | 0 | $0 |
| Nicholas R Noviello | EVP Finance & Operations, CFO | Nov. 30, 2015 J | 22,073 | 0 | 0 | $0 |
| Cesar Cernuda | President | Aug. 17, 2026 S | 46,530 | 0 | 8 | $-8,191,170 |
| Robert E Salmon | President, Head of Go-to-Mkt | June 23, 2015 A | 55,048 | 0 | 0 | $0 |
| Elizabeth M O'Callahan | EVP, Chief Admin. Officer | Sept. 10, 2026 S | 30,737 | 0 | 12 | $-1,587,210 |
| Daniel De Lorenzo | SVP, Chief Accounting Officer | Aug. 15, 2026 M | 1,567 | 0 | 5 | $-135,936 |
| Syam Nair | EVP, Chief Product Officer | Aug. 15, 2026 M | 36,694 | 0 | 0 | $0 |
| Harvinder S Bhela | EVP, Chief Product Officer | May 16, 2025 F | 172,000 | 0 | 0 | $0 |
| Robert Parks | Chief Accounting Officer | Aug. 28, 2023 S | 0 | 0 | 0 | $0 |
| Brad Anderson | EVP, Hybrid Cloud Group | Feb. 15, 2022 M | 79,620 | 0 | 0 | $0 |
| Matthew K Fawcett | EVP, GC & Secretary | Dec. 7, 2021 S | 64,591 | 0 | 0 | $0 |
| Scott R. Allen | SVP, Chief Accounting Officer | Sept. 15, 2020 M | 6,714 | 0 | 0 | $0 |
| Henri P Richard | EVP, Go To Market | June 1, 2020 M | 183,272 | 0 | 0 | $0 |
| Joel D Reich | Exec VP, Product Operations | Aug. 21, 2019 S | 12,249 | 0 | 0 | $0 |
| Jeffrey K Bergmann | VP, Tax | Feb. 15, 2016 M | 11,080 | 0 | 0 | $0 |
| Manish Goel | Exec VP of Product Operations | June 19, 2013 M | 25,430 | 0 | 0 | $0 |
| Deepak Ahuja | Director | Sept. 21, 2026 S | 12,814 | 0 | 2 | $-1,374,185 |
| Thomas Michael Nevens | Director | Sept. 11, 2026 S | 7,747 | 0 | 1 | $-1,159,547 |
| June Yang | Director | Sept. 9, 2026 A | · | 0 | 0 | $0 |
| Carrie Palin | Director | Sept. 9, 2026 A | 11,660 | 0 | 0 | $0 |
| Paul Fipps | Director | Sept. 9, 2026 A | 2,646 | 0 | 0 | $0 |
| Francis J. Pelzer | Director | Sept. 9, 2026 A | 3,763 | 0 | 0 | $0 |
| Deborah Kerr | Director | Sept. 9, 2026 A | 27,360 | 0 | 0 | $0 |
| Gerald Held | Director | Sept. 9, 2026 A | 16,082 | 0 | 1 | $-1,283,760 |
| GUSTAFSSON ANDERS | Director | Sept. 9, 2026 A | 13,756 | 0 | 0 | $0 |
| Scott F. Schenkel | Director | Sept. 9, 2025 M | 30,509 | 0 | 0 | $0 |
| George T Shaheen | Director | Sept. 11, 2024 M | 23,670 | 0 | 0 | $0 |
| Kathryn Hill | Director | Sept. 10, 2024 M | 46,136 | 0 | 0 | $0 |
| Richard P Wallace | Director | Sept. 11, 2019 M | 39,210 | 0 | 0 | $0 |
| Alan L Earhart | Director | Sept. 12, 2018 M | 26,887 | 0 | 0 | $0 |
| Stephen M Smith | Director | Nov. 21, 2017 G | 10,667 | 0 | 0 | $0 |
| Robert T Wall | Director | Sept. 13, 2017 M | 46,036 | 0 | 0 | $0 |
| Jeffry R Allen | Director | Sept. 13, 2017 M | 21,698 | 0 | 0 | $0 |
| Tor Braham | Director | April 4, 2016 M | 11,634 | 0 | 0 | $0 |
| Daniel J Warmenhoven | Director | Sept. 26, 2014 M | 2,116,474 | 0 | 0 | $0 |
| Nicholas G Moore | Director | Sept. 5, 2014 M | 15,188 | 0 | 0 | $0 |
| Steven J Gomo | · | June 1, 2011 A | 26,492 | 0 | 0 | $0 |
| Mark Leslie | · | Aug. 31, 2010 M | 0 | 0 | 0 | $0 |
| Donald T Valentine | · | Aug. 30, 2010 M | 605,333 | 0 | 0 | $0 |
| Andrew Kryder | · | June 19, 2010 M | 21,497 | 0 | 0 | $0 |
| Thomas F Mendoza | · | June 1, 2009 A | 559,863 | 0 | 0 | $0 |
| Edward Kozel | · | Sept. 2, 2008 A | 6,500 | 0 | 0 | $0 |
| Carol Bartz | · | Sept. 2, 2008 A | 0 | 0 | 0 | $0 |
| James K Lau | · | May 7, 2007 M | 3,783,933 | 0 | 0 | $0 |
| Sachio Semmoto | · | Aug. 30, 2006 M | 0 | 0 | 0 | $0 |
| David Hitz | · | May 10, 2006 M | 4,307,064 | 0 | 0 | $0 |
| Michael R Hallman | · | Dec. 17, 2003 M | 434,000 | 0 | 0 | $0 |
| Ahuja Sanjiv | · | Sept. 2, 2003 A | · | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 177 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| IDGT · iShares Trust | 4.34% | 120,078 SH | Sept. 11, 2026 | Daily |
| NRSH · Tidal Trust I | 4.01% | 6,736 NS | July 31, 2026 | N-PORT |
| FMTM · EA Series Trust | 3.44% | 48,543 NS | July 31, 2026 | N-PORT |
| SPDV · ETF Series Solutions | 3.29% | 24,228 NS | July 31, 2026 | N-PORT |
| BMVP · Invesco Exchange-Traded Fund Trust | 2.42% | 11,446 SH | Oct. 1, 2026 | Daily |
| UPGD · Invesco Exchange-Traded Fund Trust | 2.26% | 12,324 SH | Oct. 1, 2026 | Daily |
| ABOT · Abacus FCF ETF Trust | 2.23% | 505 NS | July 31, 2026 | N-PORT |
| JMID · Janus Detroit Street Trust | 2.10% | 2,783 NS | July 31, 2026 | N-PORT |
| QQQJ · Invesco Exchange-Traded Fund Trust … | 2.08% | 115,867 SH | Oct. 1, 2026 | Daily |
| SMRI · EA Series Trust | 2.05% | 74,115 NS | July 31, 2026 | N-PORT |
| COWG · Pacer Funds Trust | 1.95% | 241,885 NS | July 31, 2026 | N-PORT |
| ABFL · Abacus FCF ETF Trust | 1.70% | 50,158 NS | July 31, 2026 | N-PORT |
| RSPT · Invesco Exchange-Traded Fund Trust | 1.50% | 429,046 SH | Oct. 1, 2026 | Daily |
| RNIN · EA Series Trust | 1.22% | 12,456 NS | July 31, 2026 | N-PORT |
| FXL · First Trust Exchange-Traded AlphaDE… | 1.15% | 164,855 NS | July 31, 2026 | N-PORT |
| BKDV · BNY Mellon ETF Trust II | 1.14% | 117,624 NS | July 31, 2026 | N-PORT |
| NULV · Nushares ETF Trust | 1.08% | 133,268 NS | July 31, 2026 | N-PORT |
| ESUM · Strategy Shares | 1.06% | 10,837 NS | July 31, 2026 | N-PORT |
| ROUS · Lattice Strategies Trust | 0.88% | 34,833 NS | July 31, 2026 | N-PORT |
| SDVD · First Trust Exchange-Traded Fund IV | 0.82% | 41,909 NS | July 31, 2026 | N-PORT |
| LSEQ · Harbor ETF Trust | 0.82% | 705 NS | July 31, 2026 | N-PORT |
| LSVD · ADVISORS' INNER CIRCLE FUND | 0.81% | 29,459 NS | July 31, 2026 | N-PORT |
| JOET · Virtus ETF Trust II | 0.81% | 11,002 NS | July 31, 2026 | N-PORT |
| QDF · FlexShares Trust | 0.76% | 94,769 NS | July 31, 2026 | N-PORT |
| SOVF · Elevation Series Trust | 0.72% | 3,501 NS | July 31, 2026 | N-PORT |
| SPHB · Invesco Exchange-Traded Fund Trust … | 0.70% | 31,751 SH | Oct. 1, 2026 | Daily |
| VLLU · Harbor ETF Trust | 0.70% | 181 NS | July 31, 2026 | N-PORT |
| TDVI · First Trust Exchange-Traded Fund IV | 0.66% | 19,412 NS | July 31, 2026 | N-PORT |
| QLC · FlexShares Trust | 0.61% | 34,496 NS | July 31, 2026 | N-PORT |
| COWZ · Pacer Funds Trust | 0.60% | 626,027 NS | July 31, 2026 | N-PORT |
| IGPT · Invesco Exchange-Traded Fund Trust | 0.57% | 39,504 SH | Oct. 1, 2026 | Daily |
| SPHQ · Invesco Exchange-Traded Fund Trust | 0.56% | 498,402 SH | Oct. 1, 2026 | Daily |
| IETC · iShares U.S. ETF Trust | 0.54% | 20,091 SH | Sept. 11, 2026 | Daily |
| VOE · VANGUARD INDEX FUNDS | 0.53% | 1,267,590 SH | Aug. 19, 2026 | Daily |
| NULC · Nushares ETF Trust | 0.53% | 2,089 NS | July 31, 2026 | N-PORT |
| VFQY · VANGUARD WELLINGTON FUND | 0.48% | 14,758 SH | Aug. 19, 2026 | Daily |
| VFMV · VANGUARD WELLINGTON FUND | 0.46% | 12,356 SH | Aug. 19, 2026 | Daily |
| VLUE · iShares Trust | 0.45% | 234,016 SH | Sept. 11, 2026 | Daily |
| TRFK · Pacer Funds Trust | 0.45% | 23,797 NS | July 31, 2026 | N-PORT |
| HQGO · Lattice Strategies Trust | 0.44% | 1,203 NS | July 31, 2026 | N-PORT |
| LGDX · Tidal Trust III | 0.44% | 3,464 NS | July 31, 2026 | N-PORT |
| JPME · J.P. Morgan Exchange-Traded Fund Tr… | 0.43% | 11,069 NS | July 31, 2026 | N-PORT |
| FLRG · FIDELITY COVINGTON TRUST | 0.42% | 6,822 NS | July 31, 2026 | N-PORT |
| KNCT · Invesco Exchange-Traded Fund Trust | 0.42% | 3,276 SH | Oct. 1, 2026 | Daily |
| HDUS · Lattice Strategies Trust | 0.42% | 4,758 NS | July 31, 2026 | N-PORT |
| IWP · iShares Trust | 0.38% | 393,010 SH | Sept. 11, 2026 | Daily |
| JPUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.36% | 9,321 NS | July 31, 2026 | N-PORT |
| DUHP · Dimensional ETF Trust | 0.36% | 245,140 NS | July 31, 2026 | N-PORT |
| QLV · FlexShares Trust | 0.35% | 3,192 NS | July 31, 2026 | N-PORT |
| MTUM · iShares Trust | 0.33% | 431,847 SH | Sept. 11, 2026 | Daily |
| IMCV · iShares Trust | 0.32% | 20,327 SH | Sept. 11, 2026 | Daily |
| JVAL · J.P. Morgan Exchange-Traded Fund Tr… | 0.32% | 14,743 NS | July 31, 2026 | N-PORT |
| FCPI · FIDELITY COVINGTON TRUST | 0.32% | 4,770 NS | July 31, 2026 | N-PORT |
| JQUA · J.P. Morgan Exchange-Traded Fund Tr… | 0.31% | 141,717 NS | July 31, 2026 | N-PORT |
| SIZE · iShares Trust | 0.29% | 6,838 SH | Sept. 11, 2026 | Daily |
| VO · VANGUARD INDEX FUNDS | 0.29% | 4,276,129 SH | Aug. 19, 2026 | Daily |
| PEXL · Pacer Funds Trust | 0.28% | 808 NS | July 31, 2026 | N-PORT |
| TECB · iShares Trust | 0.28% | 7,519 SH | Sept. 11, 2026 | Daily |
| FBUF · Fidelity Greenwood Street Trust | 0.28% | 370 NS | July 31, 2026 | N-PORT |
| IWR · iShares Trust | 0.27% | 806,490 SH | Sept. 11, 2026 | Daily |
| FHEQ · Fidelity Greenwood Street Trust | 0.25% | 13,073 NS | July 31, 2026 | N-PORT |
| QUAL · iShares Trust | 0.24% | 620,355 SH | Sept. 11, 2026 | Daily |
| IMCB · iShares Trust | 0.24% | 22,244 SH | Sept. 11, 2026 | Daily |
| DFVX · Dimensional ETF Trust | 0.24% | 7,016 NS | July 31, 2026 | N-PORT |
| RSP · Invesco Exchange-Traded Fund Trust | 0.23% | 1,059,884 SH | Oct. 1, 2026 | Daily |
| NUMV · Nushares ETF Trust | 0.23% | 5,814 NS | July 31, 2026 | N-PORT |
| FYEE · Fidelity Greenwood Street Trust | 0.23% | 2,807 NS | July 31, 2026 | N-PORT |
| IWS · iShares Trust | 0.23% | 189,505 SH | Sept. 11, 2026 | Daily |
| PALC · Pacer Funds Trust | 0.23% | 2,668 NS | July 31, 2026 | N-PORT |
| FTEC · FIDELITY COVINGTON TRUST | 0.22% | 246,920 NS | July 31, 2026 | N-PORT |
| ESMV · iShares Trust | 0.22% | 93 SH | Sept. 11, 2026 | Daily |
| LCOW · Pacer Funds Trust | 0.21% | 307 NS | July 31, 2026 | N-PORT |
| SUSA · iShares Trust | 0.21% | 45,931 SH | Sept. 11, 2026 | Daily |
| EVUS · iShares Trust | 0.21% | 4,295 SH | Sept. 11, 2026 | Daily |
| XOEF · iShares Trust | 0.20% | 248 SH | Sept. 11, 2026 | Daily |
| FTA · First Trust Exchange-Traded AlphaDE… | 0.19% | 15,128 NS | July 31, 2026 | N-PORT |
| EUSA · iShares, Inc. | 0.19% | 20,065 SH | Sept. 11, 2026 | Daily |
| SPMO · Invesco Exchange-Traded Fund Trust … | 0.19% | 204,732 SH | Oct. 1, 2026 | Daily |
| ESLV · Strategy Shares | 0.19% | 148 NS | July 31, 2026 | N-PORT |
| VGT · VANGUARD WORLD FUND | 0.18% | 1,929,175 SH | Aug. 19, 2026 | Daily |
| IYW · iShares Trust | 0.18% | 243,844 SH | Sept. 11, 2026 | Daily |
| BSCU · Invesco Exchange-Traded Self-Indexe… | 0.17% | 5,221,000 | Oct. 1, 2026 | Daily |
| TECL · Direxion Shares ETF Trust | 0.17% | 48,208 NS | July 31, 2026 | N-PORT |
| IMCG · iShares Trust | 0.16% | 35,792 SH | Sept. 11, 2026 | Daily |
| IGM · iShares Trust | 0.16% | 93,428 SH | Sept. 11, 2026 | Daily |
| QUVU · Hartford Funds Exchange-Traded Trust | 0.16% | 1,565 NS | July 31, 2026 | N-PORT |
| USXF · iShares Trust | 0.15% | 11,726 SH | Sept. 11, 2026 | Daily |
| PFIG · Invesco Exchange-Traded Fund Trust … | 0.13% | 180,000 | Oct. 1, 2026 | Daily |
| IXN · iShares Trust | 0.13% | 67,554 SH | Sept. 11, 2026 | Daily |
| VYM · VANGUARD WHITEHALL FUNDS | 0.13% | 785,369 SH | Aug. 19, 2026 | Daily |
| GLOF · iShares Trust | 0.13% | 1,368 SH | Sept. 11, 2026 | Daily |
| DFSU · Dimensional ETF Trust | 0.12% | 15,732 NS | July 31, 2026 | N-PORT |
| BSCR · Invesco Exchange-Traded Self-Indexe… | 0.12% | 5,719,000 | Oct. 1, 2026 | Daily |
| IVE · iShares Trust | 0.12% | 328,601 SH | Sept. 11, 2026 | Daily |
| ESGU · iShares Trust | 0.12% | 117,586 SH | Sept. 10, 2026 | Daily |
| JFLI · J.P. Morgan Exchange-Traded Fund Tr… | 0.12% | 319 NS | July 31, 2026 | N-PORT |
| VEGN · ETF Series Solutions | 0.12% | 1,164 NS | July 31, 2026 | N-PORT |
| IUSV · iShares Trust | 0.12% | 172,393 SH | Sept. 11, 2026 | Daily |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.11% | 25,653 SH | Oct. 1, 2026 | Daily |
| TYLG · Global X Funds | 0.11% | 90 NS | July 31, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.11% | 297,893 NS | July 31, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.11% | 3,423 NS | July 31, 2026 | N-PORT |
| VTV · VANGUARD INDEX FUNDS | 0.11% | 1,874,283 SH | Aug. 19, 2026 | Daily |
| VOOV · VANGUARD ADMIRAL FUNDS | 0.11% | 45,390 SH | Aug. 19, 2026 | Daily |
| SUSL · iShares Trust | 0.11% | 6,914 SH | Sept. 11, 2026 | Daily |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.10% | 9,105 NS | July 31, 2026 | N-PORT |
| DSI · iShares Trust | 0.10% | 29,992 SH | Sept. 11, 2026 | Daily |
| IQSU · New York Life Investments ETF Trust | 0.10% | 1,863 NS | July 31, 2026 | N-PORT |
| IUS · Invesco Exchange-Traded Self-Indexe… | 0.10% | 4,558 SH | Oct. 1, 2026 | Daily |
| DCOR · Dimensional ETF Trust | 0.10% | 18,475 NS | July 31, 2026 | N-PORT |
| SPTE · SP Funds Trust | 0.10% | 1,151 NS | July 31, 2026 | N-PORT |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.10% | 915 NS | July 31, 2026 | N-PORT |
| DGRO · iShares Trust | 0.09% | 215,970 SH | Sept. 11, 2026 | Daily |
| PRF · Invesco Exchange-Traded Fund Trust | 0.09% | 42,338 SH | Oct. 1, 2026 | Daily |
| VFMF · VANGUARD WELLINGTON FUND | 0.09% | 4,131 SH | Aug. 19, 2026 | Daily |
| RECS · Columbia ETF Trust I | 0.09% | 28,954 NS | July 31, 2026 | N-PORT |
| REVS · Columbia ETF Trust I | 0.09% | 1,622 NS | July 31, 2026 | N-PORT |
| GLBL · Pacer Funds Trust | 0.08% | 5 NS | July 31, 2026 | N-PORT |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.07% | 2,749 SH | Oct. 1, 2026 | Daily |
| DFAU · Dimensional ETF Trust | 0.07% | 48,157 NS | July 31, 2026 | N-PORT |
| ILCV · iShares Trust | 0.07% | 4,896 SH | Sept. 11, 2026 | Daily |
| TOPC · iShares Trust | 0.07% | 119 SH | Sept. 11, 2026 | Daily |
| PBP · Invesco Exchange-Traded Fund Trust | 0.06% | 1,168 SH | Oct. 1, 2026 | Daily |
| IWD · iShares Trust | 0.06% | 281,940 SH | Sept. 11, 2026 | Daily |
| PBUS · Invesco Exchange-Traded Fund Trust … | 0.06% | 33,861 SH | Oct. 1, 2026 | Daily |
| CRBN · iShares Trust | 0.06% | 3,931 SH | Sept. 10, 2026 | Daily |
| XVV · iShares Trust | 0.06% | 2,256 SH | Sept. 11, 2026 | Daily |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.06% | 76,722 SH | Aug. 19, 2026 | Daily |
| XCLR · Global X Funds | 0.06% | 12 NS | July 31, 2026 | N-PORT |
| TOV · EA Series Trust | 0.06% | 891 NS | July 31, 2026 | N-PORT |
| QVML · Invesco Exchange-Traded Fund Trust … | 0.06% | 4,696 SH | Oct. 1, 2026 | Daily |
| XRMI · Global X Funds | 0.06% | 163 NS | July 31, 2026 | N-PORT |
| CATH · Global X Funds | 0.06% | 4,223 NS | July 31, 2026 | N-PORT |
| XYLD · Global X Funds | 0.06% | 10,155 NS | July 31, 2026 | N-PORT |
| CHRI · Global X Funds | 0.06% | 25 NS | July 31, 2026 | N-PORT |
| XTR · Global X Funds | 0.06% | 15 NS | July 31, 2026 | N-PORT |
| VOXP · Advisors Series Trust | 0.06% | 18 NS | July 31, 2026 | N-PORT |
| IVV · iShares Trust | 0.06% | 2,487,038 SH | Sept. 11, 2026 | Daily |
| PTLC · Pacer Funds Trust | 0.06% | 10,042 NS | July 31, 2026 | N-PORT |
| BKLC · BNY Mellon ETF Trust | 0.05% | 16,484 NS | July 31, 2026 | N-PORT |
| PHDG · Invesco Actively Managed Exchange-T… | 0.05% | 156 SH | Oct. 1, 2026 | Daily |
| ILCB · iShares Trust | 0.05% | 3,725 SH | Sept. 10, 2026 | Daily |
| BBUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.05% | 26,198 NS | July 31, 2026 | N-PORT |
| VOTE · TCW ETF Trust | 0.05% | 3,212 NS | July 31, 2026 | N-PORT |
| IYY · iShares Trust | 0.05% | 8,541 SH | Sept. 10, 2026 | Daily |
| DFUS · Dimensional ETF Trust | 0.05% | 60,657 NS | July 31, 2026 | N-PORT |
| IWB · iShares Trust | 0.05% | 135,813 SH | Sept. 11, 2026 | Daily |
| USCL · iShares Trust | 0.05% | 7,770 SH | Sept. 11, 2026 | Daily |
| SPUU · Direxion Shares ETF Trust | 0.05% | 744 NS | July 31, 2026 | N-PORT |
| VOO · VANGUARD INDEX FUNDS | 0.05% | 5,124,961 SH | Aug. 19, 2026 | Daily |
| VV · VANGUARD INDEX FUNDS | 0.05% | 230,493 SH | Aug. 19, 2026 | Daily |
| ESGV · VANGUARD WORLD FUND | 0.05% | 44,489 SH | Aug. 19, 2026 | Daily |
| XYLG · Global X Funds | 0.05% | 178 NS | July 31, 2026 | N-PORT |
| ITOT · iShares Trust | 0.05% | 257,584 SH | Sept. 11, 2026 | Daily |
| QDPL · Pacer Funds Trust | 0.05% | 4,728 NS | July 31, 2026 | N-PORT |
| IWV · iShares Trust | 0.05% | 53,982 SH | Sept. 11, 2026 | Daily |
| HCMT · Direxion Shares ETF Trust | 0.04% | 1,378 NS | July 31, 2026 | N-PORT |
| RWL · Invesco Exchange-Traded Fund Trust … | 0.04% | 19,954 SH | Oct. 1, 2026 | Daily |
| TOK · iShares Trust | 0.04% | 540 SH | Sept. 10, 2026 | Daily |
| SPXL · Direxion Shares ETF Trust | 0.04% | 15,427 NS | July 31, 2026 | N-PORT |
| URTH · iShares, Inc. | 0.04% | 17,844 SH | Sept. 10, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.04% | 6,264,951 SH | Aug. 19, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.04% | 32,422 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.04% | 16,574 SH | Aug. 19, 2026 | Daily |
| TILT · FlexShares Trust | 0.04% | 4,898 NS | July 31, 2026 | N-PORT |
| IWF · iShares Trust | 0.04% | 261,957 SH | Sept. 11, 2026 | Daily |
| ILCG · iShares Trust | 0.04% | 6,280 SH | Sept. 11, 2026 | Daily |
| FEUS · FlexShares Trust | 0.04% | 220 NS | July 31, 2026 | N-PORT |
| ACWI · iShares Trust | 0.03% | 62,680 SH | Sept. 10, 2026 | Daily |
| PWS · Pacer Funds Trust | 0.03% | 41 NS | July 31, 2026 | N-PORT |
| VFVA · VANGUARD WELLINGTON FUND | 0.03% | 1,575 SH | Aug. 19, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.03% | 166,677 SH | Aug. 19, 2026 | Daily |
| VONG · VANGUARD SCOTTSDALE FUNDS | 0.03% | 110,668 SH | Aug. 19, 2026 | Daily |
| LRGF · iShares Trust | 0.02% | 3,714 SH | Sept. 11, 2026 | Daily |
| BND · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VCSH · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| BNDW · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
NTAP Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 28 analysts
BUY
Median target
$197.00
-12.9%
3 10.7%
Strong Buy
10 35.7%
Buy
15 53.6%
Hold
0 0.0%
Sell
0 0.0%
Strong Sell
12-Month Price Target
16 analysts · 2026-10-01Mean target $198.25 -12.4%
Above all targets →
Current price $226.27
Low$170.00
Mean$198.25
High$220.00
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| NTAP | $21.31B | 17.1 | 5.6% | 20.5% | 109.2% | 78.5% |
| DELL | $74.61B | 13.2 | 18.8% | 5.2% | -300.4% | 20.0% |
| SNDK | $254.77B | 23.7 | 175.3% | 56.5% | 88.1% | 71.5% |
| WDC | $194.58B | 22.2 | 35.7% | 73.0% | 118.0% | 48.9% |
| HPE | $32.19B | -610.5 | 13.8% | 0.17% | 0.23% | · |
| P | · | · | 15.6% | 5.1% | 13.6% | 70.4% |
| HPQ | $25.48B | 10.4 | 3.2% | 4.6% | -311.8% | 20.6% |
| SMCI | $29.12B | 29.2 | 46.6% | 4.8% | 17.9% | 11.1% |
| IONQ | $16.27B | -24.7 | 201.8% | -392.6% | -24.4% | · |
| GPGI | · | -15.7 | -85.8% | -227.3% | -198.9% | 48.0% |
| INFQ | · | · | · | · | 172.0% | · |
Latest News Recent headlines mentioning this company
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
BLUECHIP_DIP
Expired
risk 1
reward 4.16
entry
$96.56
R:R 4.16
BLUECHIP_DIP
Expired
risk 1
reward 1.50
entry
$102.44
R:R 1.50
BOUNCE_UP
Stopped out
risk 1
reward 1.50
entry
$115.01
R:R 1.50
No open signal right now — no card is filled, and that's honest.
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Source: SEC 10-Q filed Sep 2, 2026