NetApp, Inc. is an American hybrid cloud data services and data management company headquartered in Sunnyvale, California. It has ranked in the Fortune 500 since 2012. Founded in 1992 with an IPO in 1995, NetApp offers hybrid cloud data services for management of applications and data across cloud and on-premises environments. NetApp was founded in 1992 by David Hitz, James Lau, and Michael Malcolm as Network Appliance, Inc. At the time, its major competitor was Auspex Systems. In 1994, NetApp received venture capital funding from Sequoia Capital. It had its initial public offering in 1995. NetApp thrived in the internet bubble years of the mid 1990s to 2001, during which the company grew to $1 billion in annual revenue. After the bubble burst, NetApp's revenues quickly declined to $800 million in its fiscal year 2002. Since then, the company's revenue has steadily climbed.
Financial Statements
- Click here to download Netapp Inc's Income Statement
- Click here to download Netapp Inc's Balance Sheet
- Click here to download Netapp Inc's Statement of Cash Flows
Key Info
- Industry: Computer Storage Device Manufacturing
- Sector: Manufacturing
- CEO Name: George Kurian
Key Statistics
- Stock Price: $64.66
- Dividend Yield: 2.9000000000000004%
- Market Capitalization: $14,444,063,560
- Shares Outstanding: 223,384,837
- Number of Employees: 10,500
- Trailing 12-Month EPS: $3.06
- Trailing 12-Month DPS: $1.89
- Payout Ratio: 61.8%
Important Dates
- Next Earnings Date:
- Next Ex-Dividend Date: 2021-01-07
Price Trends
- Current Stock Price: $64.66
- 52-week high: $66.16
- 52-week low: $33.92
- 200-day moving average: $48.87
- 50-day moving average: $62.82
Performance
- 1-Month Price Return: 4.0%
- 3-Month Price Return: 38.4%
- 6-Month Price Return: 48.4%
- 1-Year Price Return: 5.0%
- 2-Year Price Return: 11.2%
- 5-Year Price Return: 229.0%
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