NetApp [NTAP] vs Pure Storage [PSTG] Detailed Stock Comparison

NetApp Inc.

NASDAQ
Loading...

Pure Storage Inc.

NYSE
Loading...

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: NetApp Inc. wins in 14 metrics, Pure Storage Inc. wins in 5 metrics, with 0 ties. NetApp Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric NetApp Inc. Pure Storage Inc. Better
P/E Ratio (TTM) 18.19 123.27 NetApp Inc.
Price-to-Book Ratio 18.54 15.49 Pure Storage Inc.
Debt-to-Equity Ratio 236.10 127.36 Pure Storage Inc.
PEG Ratio 1.22 0.94 Pure Storage Inc.
EV/EBITDA 12.06 83.04 NetApp Inc.
Profit Margin (TTM) 18.07% 5.14% NetApp Inc.
Operating Margin (TTM) 25.16% -18.45% NetApp Inc.
EBITDA Margin (TTM) 25.16% N/A N/A
Return on Equity 112.59% 13.68% NetApp Inc.
Return on Assets (TTM) 10.27% 1.66% NetApp Inc.
Free Cash Flow (TTM) $1.34B $615.74M NetApp Inc.
Dividend Yield 2.57% N/A N/A
1-Year Return 60.82% 57.29% NetApp Inc.
Price-to-Sales Ratio (TTM) 3.20 6.12 NetApp Inc.
Enterprise Value $21.11B $21.81B Pure Storage Inc.
EV/Revenue Ratio 3.15 5.95 NetApp Inc.
Gross Profit Margin (TTM) 70.58% 69.89% NetApp Inc.
Revenue per Share (TTM) $34 $11 NetApp Inc.
Earnings per Share (Diluted) $5.96 $0.55 NetApp Inc.
Beta (Stock Volatility) 1.29 1.34 NetApp Inc.
Short % of Float 11.08% 3.71% Pure Storage Inc.

NetApp Inc. vs Pure Storage Inc. Stock Performance Analysis

Loading Price Chart...

NTAP
PSTG

Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
NetApp Inc.0.13%-4.99%34.93%58.27%41.81%51.99%
Pure Storage Inc.10.38%7.42%25.72%27.41%6.17%26.36%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
NetApp Inc.60.82%117.31%106.77%550.08%227.48%368.03%
Pure Storage Inc.57.29%216.40%357.74%636.49%425.30%425.30%

Performance & Financial Health Analysis: NetApp Inc. vs Pure Storage Inc.

MetricNTAPPSTG
Market Information
Market Cap i$21.47B$22.47B
Market Cap CategoryLarge capLarge cap
10 Day Avg. Volume i2,143,6512,593,556
90 Day Avg. Volume i2,270,8672,568,015
Last Close$161.82$87.20
52 Week Range$93.69 - $192.83$50.20 - $100.59
% from 52W High-16.08%-13.31%
All-Time High$192.83 (May 29, 2026)$100.59 (Nov 03, 2025)
% from All-Time High-16.08%-13.31%
Growth Metrics
Quarterly Revenue Growth0.04%0.10%
Quarterly Earnings Growth0.12%0.20%
Financial Health
Profit Margin (TTM) i0.18%0.05%
Operating Margin (TTM) i0.25%-0.18%
Return on Equity (TTM) i1.13%0.14%
Debt to Equity (MRQ) i236.10127.36
Cash & Liquidity
Book Value per Share (MRQ)$5.85$4.38
Cash per Share (MRQ)$15.28$3.74
Operating Cash Flow (TTM) i$1.79B$880.08M
Levered Free Cash Flow (TTM) i$1.12B$376.73M
Dividends
Last 12-Month Dividend Yield i2.57%N/A
Last 12-Month Dividend i$2.60N/A

Valuation & Enterprise Metrics Analysis: NetApp Inc. vs Pure Storage Inc.

MetricNTAP (Apr 24, 2026)PSTG (Apr 21, 2026)
Price Ratios
P/E Ratio (TTM) i18.19123.27
Forward P/E i12.7123.88
PEG Ratio i1.220.94
Price to Sales (TTM) i3.206.12
Price to Book (MRQ) i18.5415.49
Market Capitalization
Market Capitalization i$21.47B$22.47B
Enterprise Value i$21.11B$21.81B
Enterprise Value Metrics
Enterprise to Revenue i3.155.95
Enterprise to EBITDA i12.0683.04
Risk & Other Metrics
Beta i1.291.34
Book Value per Share (MRQ) i$5.85$4.38

Financial Statements Comparison: NetApp Inc. vs Pure Storage Inc.

Financial Metrics

Loading Financial Charts...

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricNTAP (2025)PSTG (2026)
Revenue/Sales i6.57B3.66B
Cost of Goods Sold i1.96B1.08B
COGS % of Revenue i29.8%29.6%
Gross Profit i4.61B2.58B
Gross Margin i70.2%70.4%
Research & Development i1.01B963.29M
Operating Income (EBIT) i1.43B114.82M
Operating Margin i21.7%3.1%
EBITDA i1.78B355.55M
EBITDA Margin i27.1%9.7%
Pre-Tax Income i1.38B224.28M
Pre-Tax Income % of Revenue i21.0%6.1%
Income Tax i197.00M36.10M
Income Tax % of Revenue i3.0%1.0%
Net Income (Profit) i1.19B188.18M
Profit Margin i18.0%5.1%

Balance Sheet & Liquidity Metrics

MetricNTAP (2025)PSTG (2026)
Cash & Equivalents i2.74B854.87M
Total Current Assets i5.85B3.06B
Total Current Assets % of Revenue i89.0%83.6%
Total Current Liabilities i4.66B1.91B
Total Current Liabilities % of Revenue i70.9%52.1%
Long-Term Debt i2.70B172.06M
Long-Term Debt % of Revenue i41.1%4.7%
Total Shareholders Equity i1.04B1.45B
Retained Earnings i0-1.18B
Retained Earnings % of Revenue i0.0%-32.2%
Property, Plant & Equipment i241.00M685.88M

Cash Flow Statement Comparison

MetricNTAP (2025)PSTG (2026)
Operating Cash Flow i1.65B878.46M
Operating Cash Flow % of Revenue i25.1%24.0%
Capital Expenditures i-168.00M-264.34M
Free Cash Flow i1.34B615.74M
FCF Margin i20.4%16.8%
Debt Repayment i-400.00M-103.53M
Common Stock Repurchase i-1.15B-342.65M

Short Interest & Institutional Ownership Analysis

MetricNTAPPSTG
Shares Short i18.92M9.89M
Short Ratio i8.413.50
Short % of Float i11.08%3.71%
Shares Outstanding i198.00M326.10M
Float Shares i196.09M312.52M
% Held by Insiders i0.52%5.84%
% Held by Institutions i102.91%86.26%
% Held by Public i-3.43%7.90%

Dividend Analysis & Yield Comparison: NetApp Inc. vs Pure Storage Inc.

MetricNTAPPSTG
Last 12-Month Dividend i$2.60N/A
Last 12-Month Dividend Yield i2.57%N/A
3-Year Avg Annual Dividend i$2.22N/A
3-Year Avg Dividend Yield i0.54%N/A
3-Year Total Dividends i$6.66N/A
Ex-Dividend DateApr 02, 2026N/A