Flagship explainer

What drives NetApp, Inc.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity107%Tax burden77%net income ÷ pretax incomeInterest burden98%pretax ÷ operating incomeOperating margin24%operating income ÷ revenueAsset turnover0.64×revenue ÷ average assetsEquity multiplier9.02×average assets ÷ average equityAs of 2026-04-24 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$1.3BFY2026
Income before tax$1.6BFY2026
Operating income$1.7BFY2026
$6.9BFY2026
Ending assets$10.7BFY2026
Beginning assets$10.8BFY2025
$1.4BFY2026
$1.0BFY2025
Source: · event Apr 24, 2026 · retrieved Jul 26, 2026 · annual-row source set
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