NTAP vs. SMCI: NetApp vs. Super Micro Computer Stock Comparison

November 11, 2026

How do NetApp (NTAP) and Super Micro Computer (SMCI) 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

NetApp (NTAP) and Super Micro Computer (SMCI) 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.

Company profile comparison for NetApp (NTAP) and Super Micro Computer (SMCI)
Profile Item	NTAP	SMCI
Name	NetApp, Inc.	Super Micro Computer 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	33.23 billion USD	18.96 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	November 21, 1995	March 29, 2007
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

NTAP

SMCI

GSPC

NetApp (NTAP) vs. Super Micro Computer (SMCI), 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 NetApp (NTAP) and Super Micro Computer (SMCI). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for NetApp (NTAP) and Super Micro Computer (SMCI). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for NetApp (NTAP) and Super Micro Computer (SMCI)
Metric	NTAP	SMCI
Total Return (1Y)	59.65%	-26.81%
Total Return (3Y, Annualized)	35.23%	3.18%
Total Return (5Y, Annualized)	16.66%	45.36%

Risk Profile

Drawdown History

NTAP

SMCI

GSPC

NetApp (NTAP) vs. Super Micro Computer (SMCI), 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 NetApp (NTAP) and Super Micro Computer (SMCI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for NetApp (NTAP) and Super Micro Computer (SMCI)
Metric	NTAP	SMCI
Volatility (1Y, Annualized)	48.37%	93.09%
Beta (5Y)	1.55	2.21
Max Drawdown (5Y)	-42.61%	-84.84%
Avg. Volume (3M)	2.39M	43.55M

Risk-Adjusted Performance

Risk-Return Positioning

NTAP and SMCI 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 NetApp (NTAP) and Super Micro Computer (SMCI)
Metric	NTAP	SMCI
Sharpe Ratio (1Y)	1.14	-0.33
Sortino Ratio (1Y)	1.84	-0.48

Profitability

ROE (TTM)

Both companies show strong equity returns, but NetApp (NTAP) at 114.82% is the standout with ROE above its industry range; Super Micro Computer (SMCI) at 32.37% also sits in the top quartile.

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%

SMCI

Technology Hardware & Equipment industry group

32.37%

Max: 42.47%
SMCI: 32.37%
Q3: 19.13%
Median: 11.00%
Q1: 1.63%
Min: -20.62%

NetApp (NTAP) vs. Super Micro Computer (SMCI): 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 Super Micro Computer (SMCI) at 6.77%, which keeps about the industry-typical share.

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%

SMCI

Technology Hardware & Equipment industry group

6.77%

Max: 27.60%
Q3: 11.66%
SMCI: 6.77%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

NetApp (NTAP) vs. Super Micro Computer (SMCI): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

NetApp (NTAP) at 26.67% operates in the top operating margin quartile, ahead of Super Micro Computer (SMCI) at 10.35%, which runs around its industry’s norm.

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%

SMCI

Technology Hardware & Equipment industry group

10.35%

Max: 36.27%
Q3: 18.36%
SMCI: 10.35%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

NetApp (NTAP) vs. Super Micro Computer (SMCI): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for NetApp (NTAP) and Super Micro Computer (SMCI)
Metric	NTAP	SMCI
ROE (TTM)	114.82%	32.37%
ROA (TTM)	11.66%	11.61%
Net Margin (TTM)	19.19%	6.77%
Operating Margin (TTM)	26.67%	10.35%
Gross Margin (TTM)	70.63%	11.67%

Growth

Revenue Growth

Super Micro Computer (SMCI) at 77.79% clears its industry range for revenue growth, far stronger top-line momentum than NetApp (NTAP) at 5.37%, which is closer to a typical peer reading.

NetApp (NTAP) vs. Super Micro Computer (SMCI): A comparison of their Revenue Growth across different time periods.

EPS Growth

Super Micro Computer (SMCI) at 94.05% sits in the top EPS growth quartile, while NetApp (NTAP) at 11.99% is closer to the peer norm — faster per-share earnings growth for SMCI.

NetApp (NTAP) vs. Super Micro Computer (SMCI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for NetApp (NTAP) and Super Micro Computer (SMCI)
Metric	NTAP	SMCI
Revenue Growth (YoY)	5.37%	77.79%
Revenue Growth (3Y CAGR)	2.87%	76.34%
EPS Growth (YoY)	11.99%	94.05%
EPS Growth (3Y CAGR)	3.13%	41.82%

Financial Strength

Current Ratio (MRQ)

Super Micro Computer (SMCI) at 3.02 carries current ratio above its industry’s typical mid-range, while NetApp (NTAP) at 1.24 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

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

SMCI

Technology Hardware & Equipment industry group

3.02

Max: 5.34
SMCI: 3.02
Q3: 3.02
Median: 1.95
Q1: 1.32
Min: 0.17

NetApp (NTAP) vs. Super Micro Computer (SMCI): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Super Micro Computer (SMCI) at 0.57 carries an industry-typical debt-to-equity mix, while NetApp (NTAP) at 1.69 uses more debt funding than most peers.

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

SMCI

Technology Hardware & Equipment industry group

0.57

Max: 1.76
Q3: 0.78
SMCI: 0.57
Median: 0.24
Q1: 0.04
Min: 0.01

NetApp (NTAP) vs. Super Micro Computer (SMCI): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for NetApp (NTAP) and Super Micro Computer (SMCI)
Metric	NTAP	SMCI
Current Ratio (MRQ)	1.24	3.02
Debt / Equity (MRQ)	1.69	0.57
Net Debt / EBITDA	-0.50	0.50

Dividends

Dividend Yield (TTM)

Super Micro Computer (SMCI) 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.

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%

SMCI

Technology Hardware & Equipment industry group

0.00%

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

NetApp (NTAP) vs. Super Micro Computer (SMCI): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Super Micro Computer (SMCI) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile NetApp (NTAP) reports a payout of 29.34%, ranking against industry peers normally.

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%

SMCI

Technology Hardware & Equipment industry group

0.00%

Max: 32.27%
Q3: 14.48%
SMCI: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

NetApp (NTAP) vs. Super Micro Computer (SMCI): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for NetApp (NTAP) and Super Micro Computer (SMCI)
Metric	NTAP	SMCI
Dividend Yield (TTM)	1.23%	0.00%
Dividend Payout Ratio (TTM)	29.34%	0.00%

Valuation

P/E Ratio (TTM)

Super Micro Computer (SMCI) at 6.07 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 SMCI, though growth and earnings durability still matter.

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

SMCI

Technology Hardware & Equipment industry group

6.07

Max: 69.48
Q3: 41.02
Median: 26.39
Q1: 19.36
SMCI: 6.07
Min: 6.07

NetApp (NTAP) vs. Super Micro Computer (SMCI): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

Super Micro Computer (SMCI) at 0.35 sits in the cheaper P/S ratio quartile while NetApp (NTAP) at 4.50 prices around its industry’s middle — SMCI costs less per dollar of sales, though read it alongside growth and margins.

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

SMCI

Technology Hardware & Equipment industry group

0.35

Max: 11.30
Q3: 5.82
Median: 2.56
Q1: 1.05
SMCI: 0.35
Min: 0.00

NetApp (NTAP) vs. Super Micro Computer (SMCI): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

Super Micro Computer (SMCI) at 1.60 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.

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

SMCI

Technology Hardware & Equipment industry group

1.60

Max: 10.75
Q3: 5.52
Median: 3.17
Q1: 1.79
SMCI: 1.60
Min: 0.33

NetApp (NTAP) vs. Super Micro Computer (SMCI): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for NetApp (NTAP) and Super Micro Computer (SMCI)
Metric	NTAP	SMCI
P/E Ratio (TTM)	23.86	6.07
P/S Ratio (TTM)	4.50	0.35
P/B Ratio (MRQ)	22.18	1.60
Free Cash Flow Yield (TTM)	3.52%	-42.54%