NetApp (FRA:NTA) Tax Rate % : 18.06% (As of Jan. 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 Jan. 2024 was €63 Mil. NetApp's Pre-Tax Income for the three months ended in Jan. 2024 was €351 Mil. Therefore, NetApp's Tax Rate % for the quarter that ended in Jan. 2024 was 18.06%.

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

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Tax Rate %

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7.81

13.24

24.12

14.43

-19.51

NetApp Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Tax Rate %	Get a 7-Day Free Trial															63.28	21.97	19.89	26.03	18.06

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. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Apr. 2023 )	/	Pre-Tax Income (A: Apr. 2023 )
	=	-189.696	/	972.192
	=	-19.51 %

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

Tax Rate %	=	Tax Expense (Q: Jan. 2024 )	/	Pre-Tax Income (Q: Jan. 2024 )
	=	63.342	/	350.676
	=	18.06 %

NetApp Tax Rate % Related Terms

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NetApp (FRA:NTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NetApp Inc (FRA:NTA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

NTAP:USA NTA:Germany

Address

3060 Olsen Drive, San Jose, CA, USA, 95128

Website

https://www.netapp.com

NetApp Inc is a leading 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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