NetApp (NTAP) Return on Capital Employed (2010 - 2026)
NetApp (NTAP) posted quarterly Return on Capital Employed of 26.42% for Q2 2026, up 92.0% year-over-year from 13.76% in Q2 2025, and up 10.04% quarter-over-quarter from 24.01% in Q1 2026.
NetApp (NTAP) Return on Capital Employed (2010 - 2026) Analysis & Trends
NetApp's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 26.42% for Q2 2026.
- In Q2 2026, Return on Capital Employed rose 92.0% year-over-year to 26.42%; the TTM figure through Apr 2026 stood at 26.42% (up 92.0% YoY), while the FY2026 annual figure was 24.75%, up 127.0% from the prior year.
- Return on Capital Employed for Q2 2026 stood at 26.42%, up from 24.01% in the prior quarter.
- The five-year high for Return on Capital Employed was 28.22% in Q1 2025, with the low at 14.95% in Q3 2023.
- The 5-year median for Return on Capital Employed is 21.6% (2024), against an average of 21.61%.
- The sharpest annual moves came in 2023 and 2024: Return on Capital Employed tumbled 693 bps in 2023, then jumped 1096 bps in 2024.
- NetApp's Return on Capital Employed stood at 18.37% in 2022, then slipped by 4 bps to 17.71% in 2023, then surged by 59 bps to 28.08% in 2024, then declined by 18 bps to 22.93% in 2025, then advanced by 15 bps to 26.42% in 2026.
- Business Quant data shows NTAP's Return on Capital Employed at 26.42% in Q2 2026, 24.01% in Q1 2026, and 22.93% in Q4 2025.
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| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 27.85% |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 9.73% |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 28.02% |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 3.83% |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 44.16% |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | -9.60% |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 1.98% |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | -0.51% |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 4.02% |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 26.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 26.42% |
| Jan 23, 2026 | 24.01% |
| Oct 24, 2025 | 22.93% |
| Jul 25, 2025 | 20.41% |
| Apr 25, 2025 | 25.50% |
| Jan 24, 2025 | 28.22% |
| Oct 25, 2024 | 28.08% |
| Jul 26, 2024 | 25.91% |
| Apr 26, 2024 | 21.98% |
| Jan 26, 2024 | 21.21% |
| Oct 27, 2023 | 17.71% |
| Jul 28, 2023 | 14.95% |
| Apr 28, 2023 | 16.17% |
| Jan 27, 2023 | 15.77% |
| Oct 28, 2022 | 18.37% |
| Jul 29, 2022 | 18.73% |
| Apr 29, 2022 | 19.91% |
| Jan 28, 2022 | 22.71% |
| Oct 29, 2021 | 20.95% |
| Jul 30, 2021 | 18.59% |