HPQ vs. NTAP: HP vs. NetApp Stock Comparison
How do HP (HPQ) 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
HP (HPQ) and NetApp (NTAP) are both classified in the Technology Hardware, Storage & Peripherals sub-industry within the broader Technology Hardware, Storage & Peripherals industry, placing them in the closest GICS peer bucket.
| Profile Item | HPQ | NTAP |
|---|---|---|
| Name | HP Inc. | NetApp, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Technology Hardware, Storage & Peripherals | Technology Hardware, Storage & Peripherals |
| GICS Sub-Industry | Technology Hardware, Storage & Peripherals | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 25.66 billion USD | 33.23 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | January 2, 1962 | November 21, 1995 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HPQ | NTAP |
|---|---|---|
| Total Return (1Y) | 15.35% | 59.65% |
| Total Return (3Y, Annualized) | 6.50% | 35.23% |
| Total Return (5Y, Annualized) | 1.86% | 16.66% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | HPQ | NTAP |
|---|---|---|
| Volatility (1Y, Annualized) | 47.36% | 48.37% |
| Beta (5Y) | 1.18 | 1.55 |
| Max Drawdown (5Y) | -51.23% | -42.61% |
| Avg. Volume (3M) | 14.43M | 2.39M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | HPQ | NTAP |
|---|---|---|
| Sharpe Ratio (1Y) | 0.23 | 1.14 |
| Sortino Ratio (1Y) | 0.38 | 1.84 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: NetApp (NTAP) earns 114.82% on shareholders’ equity, ranked against its industry; HP (HPQ) has no ROE this period.
HPQ
Technology Hardware & Equipment industry group
--
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
- HPQ
- --
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%
Net Margin (TTM)
NetApp (NTAP) at 19.19% retains a top-quartile share of revenue as profit, ahead of HP (HPQ) at 4.14%, which keeps about the industry-typical share.
HPQ
Technology Hardware & Equipment industry group
4.14%
- Max
- 27.60%
- Q3
- 11.66%
- HPQ
- 4.14%
- 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%
Operating Margin (TTM)
NetApp (NTAP) at 26.67% operates in the top operating margin quartile, ahead of HP (HPQ) at 5.40%, which runs around its industry’s norm.
HPQ
Technology Hardware & Equipment industry group
5.40%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- HPQ
- 5.40%
- Q1
- 1.46%
- 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%
Profitability Metrics
| Metric | HPQ | NTAP |
|---|---|---|
| ROE (TTM) | -- | 114.82% |
| ROA (TTM) | 5.63% | 11.66% |
| Net Margin (TTM) | 4.14% | 19.19% |
| Operating Margin (TTM) | 5.40% | 26.67% |
| Gross Margin (TTM) | 19.66% | 70.63% |
Growth
Revenue Growth
NetApp (NTAP) at 5.37% is around its peer norm for revenue growth, while HP (HPQ) at 3.24% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both HP (HPQ) at -5.69% and NetApp (NTAP) at 11.99% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | HPQ | NTAP |
|---|---|---|
| Revenue Growth (YoY) | 3.24% | 5.37% |
| Revenue Growth (3Y CAGR) | -4.21% | 2.87% |
| EPS Growth (YoY) | -5.69% | 11.99% |
| EPS Growth (3Y CAGR) | -4.58% | 3.13% |
Financial Strength
Current Ratio (MRQ)
Both HP (HPQ) at 0.79 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.
HPQ
Technology Hardware & Equipment industry group
0.79
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- HPQ
- 0.79
- 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
Debt / Equity (MRQ)
Only one side’s leverage can be read here: NetApp (NTAP) carries debt-to-equity ratio of 1.69 against its industry range, while HP (HPQ) reports no figure this period.
HPQ
Technology Hardware & Equipment industry group
--
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
- HPQ
- --
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
Financial Strength Metrics
| Metric | HPQ | NTAP |
|---|---|---|
| Current Ratio (MRQ) | 0.79 | 1.24 |
| Debt / Equity (MRQ) | -- | 1.69 |
| Net Debt / EBITDA | 1.33 | -0.50 |
Dividends
Dividend Yield (TTM)
Both HP (HPQ) at 4.04% and NetApp (NTAP) at 1.23% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
HPQ
Technology Hardware & Equipment industry group
4.04%
- HPQ
- 4.04%
- Max
- 0.73%
- Q3
- 0.31%
- 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%
Dividend Payout Ratio (TTM)
Both pay out more than their industries’ typical bands, and HPQ more so: NetApp (NTAP) at 29.34% sits above the band, while HP (HPQ) at 45.40% exceeds every peer in its group.
HPQ
Technology Hardware & Equipment industry group
45.40%
- HPQ
- 45.40%
- 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%
Dividend Metrics
| Metric | HPQ | NTAP |
|---|---|---|
| Dividend Yield (TTM) | 4.04% | 1.23% |
| Dividend Payout Ratio (TTM) | 45.40% | 29.34% |
Valuation
P/E Ratio (TTM)
HP (HPQ) at 10.86 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 HPQ, though growth and earnings durability still matter.
HPQ
Technology Hardware & Equipment industry group
10.86
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- HPQ
- 10.86
- 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
P/S Ratio (TTM)
HP (HPQ) at 0.43 sits in the cheaper P/S ratio quartile while NetApp (NTAP) at 4.50 prices around its industry’s middle — HPQ costs less per dollar of sales, though read it alongside growth and margins.
HPQ
Technology Hardware & Equipment industry group
0.43
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- HPQ
- 0.43
- Min
- 0.00
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
P/B Ratio (MRQ)
HP (HPQ) reports a negative P/B ratio of -279.02, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile NetApp (NTAP) reports 22.18, ranking against industry peers normally.
HPQ
Technology Hardware & Equipment industry group
-279.02
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
- HPQ
- -279.02
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
Valuation Metrics
| Metric | HPQ | NTAP |
|---|---|---|
| P/E Ratio (TTM) | 10.86 | 23.86 |
| P/S Ratio (TTM) | 0.43 | 4.50 |
| P/B Ratio (MRQ) | -279.02 | 22.18 |
| Free Cash Flow Yield (TTM) | 13.21% | 3.52% |