NetApp (NTAP) Return on Capital Employed (2010 - 2026)
NetApp (NTAP) recorded quarterly Return on Capital Employed of 5.46% in Q2 2026, down 23.5% quarter-over-quarter from 7.14% in Q1 2026, and down 7.0% year-on-year from 5.87% in Q2 2025.
NetApp (NTAP) Return on Capital Employed (2010 - 2026) Analysis & Trends
NetApp has disclosed Return on Capital Employed across 17 years of filings, most recently posting 5.46% for Q2 2026.
- For the quarter ending Q2 2026, Return on Capital Employed fell 7.0% year-over-year to 5.46%; the trailing twelve-month figure through Apr 2026 stood at 5.46% (down 7.0% YoY), and the FY2026 full-year result was 5.12%, up 2.0% from the prior year.
- Return on Capital Employed was 5.46% for Q2 2026 at NetApp, down from 7.14% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 28.22% in Q1 2025 and troughed at 1.18% in Q1 2023.
- The 5-year median for Return on Capital Employed is 5.5% (2026), against an average of 9.43%.
- The sharpest annual moves came in 2024 and 2025: Return on Capital Employed surged 2497 bps in 2024, then plunged 2208 bps in 2025.
- Year by year, Return on Capital Employed stood at 3.57% in 2022, then decreased by 13 bps to 3.11% in 2023, then jumped by 803 bps to 28.08% in 2024, then slumped by 79 bps to 6.0% in 2025, then decreased by 9 bps to 5.46% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 5.46% in Q2 2026, 7.14% in Q1 2026, and 6.0% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 27.43% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 0.01% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 10.62% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 24.39% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 8.75% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -4.62% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 40.10% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 1.98% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -5.85% |
| 10 | NetApp | 32.80 Bn | 29.21 Bn | 1.37 Bn | 5.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 5.46% |
| Jan 23, 2026 | 7.14% |
| Oct 24, 2025 | 6.00% |
| Jul 25, 2025 | 4.74% |
| Apr 25, 2025 | 5.53% |
| Jan 24, 2025 | 28.22% |
| Oct 25, 2024 | 28.08% |
| Jul 26, 2024 | 25.91% |
| Apr 26, 2024 | 21.98% |
| Jan 26, 2024 | 6.65% |
| Oct 27, 2023 | 3.11% |
| Jul 28, 2023 | 2.34% |
| Apr 28, 2023 | 3.56% |
| Jan 27, 2023 | 1.18% |
| Oct 28, 2022 | 3.57% |
| Jul 29, 2022 | 3.80% |
| Apr 29, 2022 | 3.96% |
| Jan 28, 2022 | 8.44% |
| Oct 29, 2021 | 7.12% |
| Jul 30, 2021 | 5.12% |