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
DateValue
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%