NetApp (LTS:0K6F) OCF Margin %: 48.77% (As of Apr. 2026) — 118% Above Median


LTS:0K6F NetApp Inc LTS:0K6F
93 GF Score
Price $158.86
GF Value $119.82
Valuation Significantly Overvalued
! 5 Warning Signs
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What is NetApp OCF Margin %?

NetApp LTS:0K6F +0.49% 93 OCF Margin % is 48.77% as of Apr. 2026, which is 118% above its 10-year median of 22.37. GuruFocus rates LTS:0K6F with a GF Score™ of 93/100 and a GF Value™ of $119.82 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,812 Software companies, NetApp ranks better than 89.01% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. NetApp's Cash Flow from Operations for the three months ended in Apr. 2026 was $950 Mil. NetApp's Revenue for the three months ended in Apr. 2026 was $1,948 Mil. Therefore, NetApp's OCF Margin % for the quarter that ended in Apr. 2026 was 48.77%.

As of today, NetApp's current OCF Yield % is 6.68%.

The historical rank and industry rank for NetApp's OCF Margin % or its related term are showing as below:

LTS:0K6F' s OCF Margin % Range Over the Past 10 Years
Min: 17.4   Med: 22.37   Max: 29.85
Current: 29.85


During the past 13 years, the highest OCF Margin % of NetApp was 29.85%. The lowest was 17.40%. And the median was 22.37%.

LTS:0K6F's OCF Margin % is ranked better than
89.01% of 2812 companies
in the Software industry
Industry Median: 6.745 vs LTS:0K6F: 29.85


NetApp OCF Margin % Related Terms


NetApp OCF Margin % Historical Data

* Premium members only.

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

NetApp Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.17 17.40 26.88 22.92 29.85

NetApp Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
OCF 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 38.97 43.17 7.45 18.51 48.77

LTS:0K6F vs TWLO, MDB, VRSN: OCF Margin % Comparison

For the Software - Infrastructure subindustry, NetApp's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs Software Industry

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

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


LTS:0K6F
93GF Score
NetApp Inc LTS:0K6F
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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NetApp OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

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

OCF Margin=Cash Flow from Operations (A: Apr. 2026 )/Revenue (A: Apr. 2026 )
=2067/6925
=29.85 %

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

OCF Margin=Cash Flow from Operations (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=950/1948
=48.77 %

* 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 OCF Margin % →
What does a OCF Margin % of 48.77% mean?
NetApp (LTS:0K6F) has a OCF Margin % of 48.77% as of Apr. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on NetApp and its competitors. This is 118% above median its historical median of 22.37. Over the past decade, NetApp's OCF Margin % has ranged from 17.40 to 29.85. According to the industry distribution chart, NetApp ranks #309 out of 2812 companies in the Software industry, placing it in the top 11%.
Is NetApp's OCF Margin % too high?
NetApp's current OCF Margin % of 48.77% is 118% above median its 10-year median of 22.37. Over the past 10 years, this metric has ranged from a low of 17.40 to a high of 29.85. The Software industry median OCF Margin % is 6.75. NetApp's value of 48.77% is 623.1% above this industry median. Based on the distribution chart, NetApp ranks #309 out of 2812 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, NetApp has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetApp's OCF Margin % compare to TWLO and MDB?
According to the Software industry distribution chart, NetApp ranks #309 out of 2812 companies for OCF Margin %. This places NetApp in the top 11% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 6.75. NetApp's value of 48.77% is 623.1% above this benchmark. Historically, NetApp's own OCF Margin % has ranged from 17.40 to 29.85 over the past decade. While the company's 10-year median is 22.37 vs. the industry median of 6.75, 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 OCF Margin % for a Software company?
The median OCF Margin % among Software companies is 6.75, based on 2,812 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NetApp's current OCF Margin % of 48.77% is 623.1% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on NetApp and its competitors. For the Software industry, the median OCF Margin % is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetApp's current OCF Margin % is 48.77%, which is 118% above median its own 10-year median of 22.37. 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 (LTS:0K6F) is currently considered Significantly Overvalued. The stock's GF Value™ is $119.82, compared to a current price of $158.86 — trading 32.6% above its estimated fair value. The current OCF Margin % is 48.77%, which is 118% above median its 10-year median of 22.37 and 623.1% above the Software industry median of 6.75. NetApp's overall GF Score™ is 93/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For NetApp (LTS:0K6F), the current OCF Margin % is 48.77% 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 (LTS:0K6F) Overvalued in 2026?

Based on GuruFocus' analysis, NetApp stock appears to be overvalued. The current stock price of $158.86 is trading 32.6% above its estimated GF Value™ of $119.82. GuruFocus considers NetApp to be Significantly Overvalued.

Key valuation signals for LTS:0K6F:

  • OCF Margin %: 48.77% (118% above median its 10-year median of 22.37)
  • GF Value™: $119.82 vs. price of $158.86 (32.6% above fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 623.1% above the Software median (#309 of 2812)

No single metric tells the full story. See the LTS:0K6F 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.
93GF Score

Get the complete analysis for LTS:0K6F

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

$158.86
Price
$119.82
GF Value