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NetApp (BSP:N1TA34) Tax Rate % : 17.06% (As of Jul. 2024)


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What is NetApp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NetApp's Tax Expense for the three months ended in Jul. 2024 was R$283 Mil. NetApp's Pre-Tax Income for the three months ended in Jul. 2024 was R$1,658 Mil. Therefore, NetApp's Tax Rate % for the quarter that ended in Jul. 2024 was 17.06%.


NetApp Tax Rate % Historical Data

The historical data trend for NetApp's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NetApp Tax Rate % Chart

NetApp Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.24 24.12 14.43 -19.51 21.93

NetApp Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.89 26.03 18.06 23.42 17.06

NetApp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

NetApp's Tax Rate % for the fiscal year that ended in Apr. 2024 is calculated as

Tax Rate %=Tax Expense (A: Apr. 2024 )/Pre-Tax Income (A: Apr. 2024 )
=1421.01/6479.19
=21.93 %

NetApp's Tax Rate % for the quarter that ended in Jul. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jul. 2024 )/Pre-Tax Income (Q: Jul. 2024 )
=282.734/1657.596
=17.06 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NetApp Tax Rate % Related Terms

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NetApp Business Description

Address
3060 Olsen Drive, San Jose, CA, USA, 95128
NetApp Inc is a provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.

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