ERIC vs. NTAP: Telefonaktiebolaget LM Ericsson vs. NetApp Stock Comparison

November 11, 2026

How do Telefonaktiebolaget LM Ericsson (ERIC) and NetApp (NTAP) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Telefonaktiebolaget LM Ericsson (ERIC) and NetApp (NTAP) both fall under the Technology Hardware & Equipment industry group, but ERIC is classified in Communications Equipment while NTAP is classified in Technology Hardware, Storage & Peripherals.

NetApp (NTAP) trades as ordinary local shares, while Telefonaktiebolaget LM Ericsson (ERIC) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Telefonaktiebolaget LM Ericsson (ERIC) and NetApp (NTAP)
Profile Item	ERIC	NTAP
Name	Telefonaktiebolaget LM Ericsson Sponsored ADR	NetApp, Inc.
Country/Region	Sweden	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Technology Hardware & Equipment	Technology Hardware & Equipment
GICS Industry	Communications Equipment	Technology Hardware, Storage & Peripherals
GICS Sub-Industry	Communications Equipment	Technology Hardware, Storage & Peripherals
Market Capitalization	33.25 billion USD	33.23 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	August 24, 1981	November 21, 1995
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

ERIC

NTAP

GSPC

Telefonaktiebolaget LM Ericsson (ERIC) vs. NetApp (NTAP), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Telefonaktiebolaget LM Ericsson (ERIC) and NetApp (NTAP). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Telefonaktiebolaget LM Ericsson (ERIC) and NetApp (NTAP). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Telefonaktiebolaget LM Ericsson (ERIC) and NetApp (NTAP)
Metric	ERIC	NTAP
Total Return (1Y)	11.58%	59.65%
Total Return (3Y, Annualized)	36.47%	35.23%
Total Return (5Y, Annualized)	2.71%	16.66%

Risk Profile

Drawdown History

ERIC

NTAP

GSPC

Telefonaktiebolaget LM Ericsson (ERIC) vs. NetApp (NTAP), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Telefonaktiebolaget LM Ericsson (ERIC) and NetApp (NTAP). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Telefonaktiebolaget LM Ericsson (ERIC) and NetApp (NTAP)
Metric	ERIC	NTAP
Volatility (1Y, Annualized)	36.32%	48.37%
Beta (5Y)	0.96	1.55
Max Drawdown (5Y)	-62.81%	-42.61%
Avg. Volume (3M)	9.73M	2.39M

Risk-Adjusted Performance

Risk-Return Positioning

ERIC and NTAP are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Telefonaktiebolaget LM Ericsson (ERIC) and NetApp (NTAP)
Metric	ERIC	NTAP
Sharpe Ratio (1Y)	0.20	1.14
Sortino Ratio (1Y)	0.29	1.84

Profitability

ROE (TTM)

NetApp (NTAP) at 114.82% clears its industry range for ROE, a sharper capital-efficiency signal than Telefonaktiebolaget LM Ericsson (ERIC) at 18.09%, which is closer to a typical peer reading.

ERIC

Technology Hardware & Equipment industry group

18.09%

Max: 42.47%
Q3: 19.13%
ERIC: 18.09%
Median: 11.00%
Q1: 1.63%
Min: -20.62%

NTAP

Technology Hardware & Equipment industry group

114.82%

NTAP: 114.82%
Max: 42.47%
Q3: 19.13%
Median: 11.00%
Q1: 1.63%
Min: -20.62%

Telefonaktiebolaget LM Ericsson (ERIC) vs. NetApp (NTAP): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

NetApp (NTAP) at 19.19% retains a top-quartile share of revenue as profit, ahead of Telefonaktiebolaget LM Ericsson (ERIC) at 8.36%, which keeps about the industry-typical share.

ERIC

Technology Hardware & Equipment industry group

8.36%

Max: 27.60%
Q3: 11.66%
ERIC: 8.36%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

NTAP

Technology Hardware & Equipment industry group

19.19%

Max: 27.60%
NTAP: 19.19%
Q3: 11.66%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

Telefonaktiebolaget LM Ericsson (ERIC) vs. NetApp (NTAP): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

NetApp (NTAP) at 26.67% carries a top-quartile operating margin, while Telefonaktiebolaget LM Ericsson (ERIC) at 0.00% operates in the bottom quartile.

ERIC

Technology Hardware & Equipment industry group

0.00%

Max: 36.27%
Q3: 18.36%
Median: 8.84%
Q1: 1.46%
ERIC: 0.00%
Min: -21.39%

NTAP

Technology Hardware & Equipment industry group

26.67%

Max: 36.27%
NTAP: 26.67%
Q3: 18.36%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

Telefonaktiebolaget LM Ericsson (ERIC) vs. NetApp (NTAP): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Telefonaktiebolaget LM Ericsson (ERIC) and NetApp (NTAP)
Metric	ERIC	NTAP
ROE (TTM)	18.09%	114.82%
ROA (TTM)	7.07%	11.66%
Net Margin (TTM)	8.36%	19.19%
Operating Margin (TTM)	0.00%	26.67%
Gross Margin (TTM)	48.01%	70.63%

Growth

Revenue Growth

NetApp (NTAP) at 5.37% is around its peer norm for revenue growth, while Telefonaktiebolaget LM Ericsson (ERIC) at -4.52% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Telefonaktiebolaget LM Ericsson (ERIC) vs. NetApp (NTAP): A comparison of their Revenue Growth across different time periods.

EPS Growth

Telefonaktiebolaget LM Ericsson (ERIC) at 85,000.00% clears its industry range for EPS growth, a much stronger earnings trajectory than NetApp (NTAP) at 11.99%, which is closer to a typical peer reading.

Telefonaktiebolaget LM Ericsson (ERIC) vs. NetApp (NTAP): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Telefonaktiebolaget LM Ericsson (ERIC) and NetApp (NTAP)
Metric	ERIC	NTAP
Revenue Growth (YoY)	-4.52%	5.37%
Revenue Growth (3Y CAGR)	-4.48%	2.87%
EPS Growth (YoY)	85,000.00%	11.99%
EPS Growth (3Y CAGR)	14.83%	3.13%

Financial Strength

Current Ratio (MRQ)

Both Telefonaktiebolaget LM Ericsson (ERIC) at 1.16 and NetApp (NTAP) at 1.24 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

ERIC

Technology Hardware & Equipment industry group

1.16

Max: 5.34
Q3: 3.02
Median: 1.95
Q1: 1.32
ERIC: 1.16
Min: 0.17

NTAP

Technology Hardware & Equipment industry group

1.24

Max: 5.34
Q3: 3.02
Median: 1.95
Q1: 1.32
NTAP: 1.24
Min: 0.17

Telefonaktiebolaget LM Ericsson (ERIC) vs. NetApp (NTAP): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Telefonaktiebolaget LM Ericsson (ERIC) at 0.41 carries an industry-typical debt-to-equity mix, while NetApp (NTAP) at 1.69 uses more debt funding than most peers.

ERIC

Technology Hardware & Equipment industry group

0.41

Max: 1.76
Q3: 0.78
ERIC: 0.41
Median: 0.24
Q1: 0.04
Min: 0.01

NTAP

Technology Hardware & Equipment industry group

1.69

Max: 1.76
NTAP: 1.69
Q3: 0.78
Median: 0.24
Q1: 0.04
Min: 0.01

Telefonaktiebolaget LM Ericsson (ERIC) vs. NetApp (NTAP): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Telefonaktiebolaget LM Ericsson (ERIC) and NetApp (NTAP)
Metric	ERIC	NTAP
Current Ratio (MRQ)	1.16	1.24
Debt / Equity (MRQ)	0.41	1.69
Net Debt / EBITDA	--	-0.50

Dividends

Dividend Yield (TTM)

Telefonaktiebolaget LM Ericsson (ERIC) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile NetApp (NTAP) reports a yield of 1.23%, ranking against industry peers normally.

ERIC

Technology Hardware & Equipment industry group

0.00%

Max: 0.73%
Q3: 0.31%
ERIC: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

NTAP

Technology Hardware & Equipment industry group

1.23%

NTAP: 1.23%
Max: 0.73%
Q3: 0.31%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Telefonaktiebolaget LM Ericsson (ERIC) vs. NetApp (NTAP): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Both pay out more than their industries’ typical bands, and ERIC more so: NetApp (NTAP) at 29.34% sits above the band, while Telefonaktiebolaget LM Ericsson (ERIC) at 51.66% exceeds every peer in its group.

ERIC

Technology Hardware & Equipment industry group

51.66%

ERIC: 51.66%
Max: 32.27%
Q3: 14.48%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

NTAP

Technology Hardware & Equipment industry group

29.34%

Max: 32.27%
NTAP: 29.34%
Q3: 14.48%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Telefonaktiebolaget LM Ericsson (ERIC) vs. NetApp (NTAP): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Telefonaktiebolaget LM Ericsson (ERIC) and NetApp (NTAP)
Metric	ERIC	NTAP
Dividend Yield (TTM)	0.00%	1.23%
Dividend Payout Ratio (TTM)	51.66%	29.34%

Valuation

P/E Ratio (TTM)

Telefonaktiebolaget LM Ericsson (ERIC) at 16.55 sits in the cheaper P/E ratio quartile, while NetApp (NTAP) at 23.86 is closer to its industry’s usual earnings multiple — a discount for ERIC, though growth and earnings durability still matter.

ERIC

Technology Hardware & Equipment industry group

16.55

Max: 69.48
Q3: 41.02
Median: 26.39
Q1: 19.36
ERIC: 16.55
Min: 6.07

NTAP

Technology Hardware & Equipment industry group

23.86

Max: 69.48
Q3: 41.02
Median: 26.39
NTAP: 23.86
Q1: 19.36
Min: 6.07

Telefonaktiebolaget LM Ericsson (ERIC) vs. NetApp (NTAP): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

A sales-based read is only available for NetApp (NTAP), whose P/S ratio of 4.50 ranks against industry peers; Telefonaktiebolaget LM Ericsson (ERIC) reports no figure this period.

ERIC

Technology Hardware & Equipment industry group

Max: 11.30
Q3: 5.82
Median: 2.56
Q1: 1.05
Min: 0.00
ERIC: --

NTAP

Technology Hardware & Equipment industry group

4.50

Max: 11.30
Q3: 5.82
NTAP: 4.50
Median: 2.56
Q1: 1.05
Min: 0.00

Telefonaktiebolaget LM Ericsson (ERIC) vs. NetApp (NTAP): ERIC does not report P/S ratio, so it has no value marker; NTAP is benchmarked against the Technology Hardware & Equipment industry group.

P/B Ratio (MRQ)

Telefonaktiebolaget LM Ericsson (ERIC) at 0.33 sits in the lower P/B ratio quartile relative to book while NetApp (NTAP) at 22.18 prices above its industry range — a wide valuation gap against assets.

ERIC

Technology Hardware & Equipment industry group

0.33

Max: 10.75
Q3: 5.52
Median: 3.17
Q1: 1.79
ERIC: 0.33
Min: 0.33

NTAP

Technology Hardware & Equipment industry group

22.18

NTAP: 22.18
Max: 10.75
Q3: 5.52
Median: 3.17
Q1: 1.79
Min: 0.33

Telefonaktiebolaget LM Ericsson (ERIC) vs. NetApp (NTAP): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Telefonaktiebolaget LM Ericsson (ERIC) and NetApp (NTAP)
Metric	ERIC	NTAP
P/E Ratio (TTM)	16.55	23.86
P/S Ratio (TTM)	--	4.50
P/B Ratio (MRQ)	0.33	22.18
Free Cash Flow Yield (TTM)	86.49%	3.52%