NetApp (MEX:NTAP) Accumulated Depreciation: MXN-24,417 Mil (As of Apr. 2026)

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MEX:NTAP NetApp Inc MEX:NTAP
64 GF Score
Price MXN3,381.66
GF Value MXN2,114.65
Valuation Significantly Overvalued
! 7 Warning Signs
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What is NetApp Accumulated Depreciation?

NetApp MEX:NTAP 64 Accumulated Depreciation is MXN-24,417 Mil as of Apr. 2026. GuruFocus rates MEX:NTAP with a GF Score™ of 64/100 and a GF Value™ of MXN2,114.65 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

NetApp's quarterly accumulated depreciation declined from Oct. 2025 (MXN-30,120 Mil) to Jan. 2026 (MXN-28,696 Mil) but then stayed the same from Jan. 2026 (MXN-28,696 Mil) to Apr. 2026 (MXN-24,417 Mil).

NetApp's annual accumulated depreciation increased from Apr. 2024 (MXN-25,221 Mil) to Apr. 2025 (MXN-30,798 Mil) but then stayed the same from Apr. 2025 (MXN-30,798 Mil) to Apr. 2026 (MXN-24,417 Mil).

NetApp Accumulated Depreciation Related Terms

NetApp Accumulated Depreciation Historical Data

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The historical data trend for NetApp's Accumulated Depreciation 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.

NetApp Accumulated Depreciation Chart

NetApp Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25,448.75 -24,516.96 -25,220.89 -30,797.68 -24,417.44

NetApp Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Accumulated Depreciation 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 -30,797.68 -30,075.20 -30,119.52 -28,695.74 -24,417.44
MEX:NTAP
64GF Score
NetApp Inc MEX:NTAP
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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NetApp Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of MXN-24,417 Mil mean?
NetApp (MEX:NTAP) has a Accumulated Depreciation of MXN-24,417 Mil as of Apr. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on NetApp and its competitors.
Is NetApp's Accumulated Depreciation too high?
NetApp's current Accumulated Depreciation is MXN-24,417 Mil. Overall, NetApp has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetApp's Accumulated Depreciation compare to TWLO and CRWV?
NetApp's Accumulated Depreciation of MXN-24,417 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Software company?
A good Accumulated Depreciation depends on the Software industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on NetApp and its competitors. NetApp's current Accumulated Depreciation is MXN-24,417 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetApp stock overvalued right now?
Based on GuruFocus' analysis, NetApp (MEX:NTAP) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,114.65, compared to a current price of MXN3,381.66 — trading 59.9% above its estimated fair value. The current Accumulated Depreciation is MXN-24,417 Mil. NetApp's overall GF Score™ is 64/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For NetApp (MEX:NTAP), the current Accumulated Depreciation is MXN-24,417 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NetApp (MEX:NTAP) Overvalued in 2026?

Based on GuruFocus' analysis, NetApp stock appears to be overvalued. The current stock price of MXN3,381.66 is trading 59.9% above its estimated GF Value™ of MXN2,114.65. GuruFocus considers NetApp to be Significantly Overvalued.

Key valuation signals for MEX:NTAP:

  • Accumulated Depreciation: MXN-24,417 Mil
  • GF Value™: MXN2,114.65 vs. price of MXN3,381.66 (59.9% above fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the MEX:NTAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NetApp Business Description

Address 3060 Olsen Drive, San Jose, CA, USA, 95128
NetApp Inc is storage hardware provider into a software-driven, cloud-centric data infrastructure company. Its flagship ONTAP data management software, together with a comprehensive portfolio of all-flash, hybrid-flash, and cloud-native solutions, forms the backbone of digital transformation for thousands of enterprises world'wide. Its operations are organized into two segments Hybrid Cloud and Public Cloud. It generates majority of revenue from Hybrid Cloud offers a unified data storage portfolio of storage management and infrastructure solutions that helps customers modernize their data centers. Hybrid Cloud includes software, hardware, and related support, along with professional and other services. It generates majority of revenue from United States followed by International market.
64GF Score

Get the complete analysis for MEX:NTAP

Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,381.66
Price
MXN2,114.65
GF Value