NetApp (FRA:NTA) EBITDA Margin %: 30.54% (As of Apr. 2026) — 31% Above Median


FRA:NTA NetApp Inc FRA:NTA
91 GF Score
Price €132.38
GF Value €103.42
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is NetApp EBITDA Margin %?

NetApp FRA:NTA -3.39% 91 EBITDA Margin % is 30.54% as of Apr. 2026, which is 31% above its 10-year median of 23.34. GuruFocus rates FRA:NTA with a GF Score™ of 91/100 and a GF Value™ of €103.42 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,820 Software companies, NetApp ranks better than 86.95% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. NetApp's EBITDA for the three months ended in Apr. 2026 was €509 Mil. NetApp's Revenue for the three months ended in Apr. 2026 was €1,666 Mil. Therefore, NetApp's EBITDA margin for the quarter that ended in Apr. 2026 was 30.54%.


NetApp  (FRA:NTA) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


NetApp EBITDA Margin % Related Terms


NetApp EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for NetApp's EBITDA Margin % 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 EBITDA Margin % Chart

NetApp Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.56 21.71 25.24 25.72 28.26

NetApp Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EBITDA Margin % 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 24.71 24.63 27.62 29.60 30.54

FRA:NTA vs TWLO, MDB, VRSN: EBITDA Margin % Comparison

For the Software - Infrastructure subindustry, NetApp's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NetApp EBITDA Margin % vs Software Industry

For the Software industry and Technology sector, NetApp's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where NetApp's EBITDA Margin % falls into.


FRA:NTA
91GF Score
NetApp Inc FRA:NTA
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NetApp EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

NetApp's EBITDA Margin % for the fiscal year that ended in Apr. 2026 is calculated as

EBITDA Margin %=EBITDA (A: Apr. 2026 )/Revenue (A: Apr. 2026 )
=1673.235/5920.875
=28.26 %

NetApp's EBITDA Margin % for the quarter that ended in Apr. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=508.725/1665.54
=30.54 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 30.54% mean?
NetApp (FRA:NTA) has a EBITDA Margin % of 30.54% as of Apr. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on NetApp and its competitors. This is 31% above median its historical median of 23.34. Over the past decade, NetApp's EBITDA Margin % has ranged from 16.37 to 28.26. According to the industry distribution chart, NetApp ranks #368 out of 2820 companies in the Software industry, placing it in the top 13%.
Is NetApp's EBITDA Margin % too high?
NetApp's current EBITDA Margin % of 30.54% is 31% above median its 10-year median of 23.34. Over the past 10 years, this metric has ranged from a low of 16.37 to a high of 28.26. The Software industry median EBITDA Margin % is 8.07. NetApp's value of 30.54% is 278.4% above this industry median. Based on the distribution chart, NetApp ranks #368 out of 2820 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, NetApp has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetApp's EBITDA Margin % compare to TWLO and MDB?
According to the Software industry distribution chart, NetApp ranks #368 out of 2820 companies for EBITDA Margin %. This places NetApp in the top 13% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 8.07. NetApp's value of 30.54% is 278.4% above this benchmark. Historically, NetApp's own EBITDA Margin % has ranged from 16.37 to 28.26 over the past decade. While the company's 10-year median is 23.34 vs. the industry median of 8.07, NetApp has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Software company?
The median EBITDA Margin % among Software companies is 8.07, based on 2,820 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NetApp's current EBITDA Margin % of 30.54% is 278.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on NetApp and its competitors. For the Software industry, the median EBITDA Margin % is 8.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetApp's current EBITDA Margin % is 30.54%, which is 31% above median its own 10-year median of 23.34. 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 (FRA:NTA) is currently considered Modestly Overvalued. The stock's GF Value™ is €103.42, compared to a current price of €132.38 — trading 28% above its estimated fair value. The current EBITDA Margin % is 30.54%, which is 31% above median its 10-year median of 23.34 and 278.4% above the Software industry median of 8.07. NetApp's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For NetApp (FRA:NTA), the current EBITDA Margin % is 30.54% 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 (FRA:NTA) Overvalued in 2026?

Based on GuruFocus' analysis, NetApp stock appears to be overvalued. The current stock price of €132.38 is trading 28% above its estimated GF Value™ of €103.42. GuruFocus considers NetApp to be Modestly Overvalued.

Key valuation signals for FRA:NTA:

  • EBITDA Margin %: 30.54% (31% above median its 10-year median of 23.34)
  • GF Value™: €103.42 vs. price of €132.38 (28% above fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 278.4% above the Software median (#368 of 2820)

No single metric tells the full story. See the FRA:NTA 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.
91GF Score

Get the complete analysis for FRA:NTA

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

€132.38
Price
€103.42
GF Value