NTAPNEUTRAL

Gross Margin

70.1%

Updated 104h ago

Sector Performance

87th percentile

NTAP

70.1%

Sector Median

44.7%

Sector Avg

45.2%

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Deep Analysis

Gross margin measures the percentage of revenue a company keeps after paying direct production costs, with 70.1% meaning it retains over 70 cents per dollar of sales.

This level is well above the sector median of 43.4%, placing NTAP in the 87th percentile among its peers—indicating strong pricing power or cost efficiency relative to the industry. The year-over-year change is not available (N/A), and the quarter-over-quarter change is also N/A, so no recent trend can be assessed from the data provided. A very high gross margin combined with an unknown trend introduces uncertainty: the strong level suggests a competitive advantage, but the lack of trend data makes it impossible to confirm whether this advantage is stable or eroding. This metric supports the overall NEUTRAL verdict, as the attractive level alone is insufficient to warrant a bullish or bearish stance without trend confirmation.

Frequently Asked Questions

What does the Gross Margin tell investors about NTAP?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

Who are NTAP's closest peers by Gross Margin?

The closest peers by Gross Margin include: WHR (12.7%), JBHT (12.6%), DVN (12.1%), F (11.9%), GM (11.5%).

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.