NetApp, Inc. (NTAP) Financial Ratio Screen

NASDAQ Technology United States USD 36780M
RATIOS FAIL*
Automated financial screen · activity assessed separately
NetApp, Inc. (NTAP) is potentially non-compliant in the automated ratio model. While the debt ratio of 25.4% is acceptable, the cash and interest-bearing securities ratio of 33.4% exceeds the 30% threshold. NetApp, Inc. operates in the Technology sector.

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MSCI new-inclusion financial-ratio snapshot

NTAP financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
25.4%
Pass vs 30%
Cash ratio
33.4%
Fail vs 30%
Receivables + cash
45.3%
Fail vs 30%
Impermissible income
1.6%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: April 2026. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodApril 2026Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Software - Infrastructure) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hybrid Cloud and Public Cloud. The company offers data management software, such as NetApp ONTAP, ONTAP One, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, and NetApp SnapLock Data Compliance; and storage infrastructure solutions, including NetApp AFF and ASA A-Series and C-Series, NetApp AFX, NetApp Fabric Attached Storage (FAS), NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage services comprising Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp Cloud Volumes ONTAP. In addition, the company offers operational services, such as NetApp Data Infrastructure Insights and Instaclustr; and professional and support services include storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, migration, and proactive support services to help customers optimize the performance and efficiency of their on-premises and hybrid multicloud storage environments. Further, it offers ransomware protection, data backup and recovery, and disaster recovery. It serves various industries comprising energy, financial services, government, technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners, including the cloud providers. The company has a strategic alliance with Commvault Systems, Inc. to develop an integrated solution for enterprise data protection and cyber resilience. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from April 2026

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 25.4%
/ 30%
33.4%
/ 30%
45.3%
/ 30%
1.63%
/ 5%
RATIOS FAIL*
FTSE 25.4%
/ 33%
33.4%
/ 33%
45.3%
/ 50%
1.63%
/ 5%
RATIOS FAIL*

Financial Highlights

P/E Ratio
29.4
Forward: 18.7
EPS
$6.37
Dividend Yield
111.0%
Payout: 32.8%
P/B Ratio
27.2
EV/EBITDA
19.0
EV: $35.9B
Revenue
$6.9B
Growth: 12.5%
Beta
1.4
High volatility
Current Ratio
1.4

Profitability

Gross Margin 70.7%
Operating Margin 27.3%
Net Margin 18.4%
Return on Equity (ROE) 106.7%
Return on Assets (ROA) 9.8%

Cash Flow & Balance Sheet

Operating Cash Flow$2.1B
Free Cash Flow$1.9B
Total Debt$2.7B
Debt-to-Equity202.3
Current Ratio1.4
Total Assets$10.7B

Price & Trading

Last Close$186.86
50-Day MA$173.63
200-Day MA$127.24
Avg Volume3.2M
Beta1.4
52-Week Range
$93.69
$209.06

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-08-26 for the financial period April 2026. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About NetApp, Inc. (NTAP)

CEO
Mr. George Kurian
Employees
11,700
Sector
Technology
Industry
Software - Infrastructure
Country
United States
Exchange
NASDAQ
Market Cap (listing currency)
USD 36780M
Currency
USD

NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hybrid Cloud and Public Cloud. The company offers data management software, such as NetApp ONTAP, ONTAP One, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, and NetApp SnapLock Data Compliance; and storage infrastructure solutions, including NetApp AFF and ASA A-Series and C-Series, NetApp AFX, NetApp Fabric Attached Storage (FAS), NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage services comprising Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp Cloud Volumes ONTAP. In addition, the company offers operational services, such as NetApp Data Infrastructure Insights and Instaclustr; and professional and support services include storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, migration, and proactive support services to help customers optimize the performance and efficiency of their on-premises and hybrid multicloud storage environments. Further, it offers ransomware protection, data backup and recovery, and disaster recovery. It serves various industries comprising energy, financial services, government, technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners, including the cloud providers. The company has a strategic alliance with Commvault Systems, Inc. to develop an integrated solution for enterprise data protection and cyber resilience. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

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Frequently Asked Questions

Is NetApp, Inc. (NTAP) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is NetApp, Inc.'s debt ratio?

NetApp, Inc.'s debt ratio is 25.4% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are NetApp, Inc.'s key financial metrics?

NetApp, Inc. has a market capitalization of USD 36780M in its listing currency, trailing P/E ratio of 29.4, and revenue of $6.9B. The company maintains a gross margin of 70.7% and a net margin of 18.4%. Return on equity stands at 106.7%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: April 2026. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.