NetApp (NTAP) Return on Capital Employed (2010 - 2026)

NetApp (NTAP) posted quarterly Return on Capital Employed of 5.46% for Q2 2026, down 7.0% year-over-year from 5.87% in Q2 2025, and down 23.5% on a QoQ basis from 7.14% in Q1 2026.

NetApp (NTAP) Return on Capital Employed (2010 - 2026) Analysis & Trends

NetApp (NTAP) has reported Return on Capital Employed for 17 consecutive years, with 5.46% the latest figure, recorded in Q2 2026.

  • In Q2 2026, Return on Capital Employed fell 7.0% year-over-year to 5.46%; the TTM figure through Apr 2026 stood at 5.46% (down 7.0% YoY), while the FY2026 annual figure was 5.12%, up 2.0% from the prior year.
  • Return on Capital Employed came in at 5.46% for Q2 2026 at NetApp, down from 7.14% in the prior quarter.
  • The five-year high for Return on Capital Employed was 28.22% in Q1 2025, with the low at 1.18% in Q1 2023.
  • Average Return on Capital Employed over 5 years is 9.43%, with a median of 5.5% recorded in 2026.
  • Across the five-year window, Return on Capital Employed soared 2497 bps in 2024 and tumbled 2208 bps in 2025, its largest moves.
  • Year by year, Return on Capital Employed stood at 3.57% in 2022, then retreated by 13 bps to 3.11% in 2023, then soared by 803 bps to 28.08% in 2024, then tumbled by 79 bps to 6.0% in 2025, then retreated by 9 bps to 5.46% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 5.46%, 7.14%, and 6.0% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 27.43%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 9.73%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 24.39%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 8.75%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -4.62%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 40.10%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -5.85%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 1.98%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 4.34%
10 NetApp 31.12 Bn 27.54 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%