NTAP vs. ZBRA: NetApp vs. Zebra Stock Comparison
How do NetApp (NTAP) and Zebra (ZBRA) 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 Zebra (ZBRA) both fall under the Technology Hardware & Equipment industry group, but NTAP is classified in Technology Hardware, Storage & Peripherals while ZBRA is classified in Electronic Equipment, Instruments & Components.
| Profile Item | NTAP | ZBRA |
|---|---|---|
| Name | NetApp, Inc. | Zebra Technologies Corp. Class A Common Stock |
| 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 | Electronic Equipment, Instruments & Components |
| GICS Sub-Industry | Technology Hardware, Storage & Peripherals | Electronic Equipment & Instruments |
| Market Capitalization | 33.23 billion USD | 15.16 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | November 21, 1995 | August 15, 1991 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | NTAP | ZBRA |
|---|---|---|
| Total Return (1Y) | 59.65% | 26.64% |
| Total Return (3Y, Annualized) | 35.23% | 17.52% |
| Total Return (5Y, Annualized) | 16.66% | -11.21% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | NTAP | ZBRA |
|---|---|---|
| Volatility (1Y, Annualized) | 48.37% | 47.91% |
| Beta (5Y) | 1.55 | 1.64 |
| Max Drawdown (5Y) | -42.61% | -67.78% |
| Avg. Volume (3M) | 2.39M | 596.00K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | NTAP | ZBRA |
|---|---|---|
| Sharpe Ratio (1Y) | 1.14 | 0.47 |
| Sortino Ratio (1Y) | 1.84 | 0.82 |
Profitability
ROE (TTM)
NetApp (NTAP) at 114.82% clears its industry range for ROE, a sharper capital-efficiency signal than Zebra (ZBRA) at 16.46%, which is closer to a typical peer reading.
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%
ZBRA
Technology Hardware & Equipment industry group
16.46%
- Max
- 42.47%
- Q3
- 19.13%
- ZBRA
- 16.46%
- 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 Zebra (ZBRA) at 9.80%, 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%
ZBRA
Technology Hardware & Equipment industry group
9.80%
- Max
- 27.60%
- Q3
- 11.66%
- ZBRA
- 9.80%
- 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 Zebra (ZBRA) at 14.75%, 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%
ZBRA
Technology Hardware & Equipment industry group
14.75%
- Max
- 36.27%
- Q3
- 18.36%
- ZBRA
- 14.75%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | NTAP | ZBRA |
|---|---|---|
| ROE (TTM) | 114.82% | 16.46% |
| ROA (TTM) | 11.66% | 7.51% |
| Net Margin (TTM) | 19.19% | 9.80% |
| Operating Margin (TTM) | 26.67% | 14.75% |
| Gross Margin (TTM) | 70.63% | 48.90% |
Growth
Revenue Growth
Both NetApp (NTAP) at 5.37% and Zebra (ZBRA) at 8.33% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both NetApp (NTAP) at 11.99% and Zebra (ZBRA) at -19.65% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | NTAP | ZBRA |
|---|---|---|
| Revenue Growth (YoY) | 5.37% | 8.33% |
| Revenue Growth (3Y CAGR) | 2.87% | -2.27% |
| EPS Growth (YoY) | 11.99% | -19.65% |
| EPS Growth (3Y CAGR) | 3.13% | -2.41% |
Financial Strength
Current Ratio (MRQ)
Both NetApp (NTAP) at 1.24 and Zebra (ZBRA) at 0.57 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
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
ZBRA
Technology Hardware & Equipment industry group
0.57
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- ZBRA
- 0.57
- Min
- 0.17
Debt / Equity (MRQ)
Zebra (ZBRA) at 0.78 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
ZBRA
Technology Hardware & Equipment industry group
0.78
- Max
- 1.76
- ZBRA
- 0.78
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | NTAP | ZBRA |
|---|---|---|
| Current Ratio (MRQ) | 1.24 | 0.57 |
| Debt / Equity (MRQ) | 1.69 | 0.78 |
| Net Debt / EBITDA | -0.50 | 2.09 |
Dividends
Dividend Yield (TTM)
Zebra (ZBRA) 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%
ZBRA
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- ZBRA
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Zebra (ZBRA) 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%
ZBRA
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- ZBRA
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | NTAP | ZBRA |
|---|---|---|
| Dividend Yield (TTM) | 1.23% | 0.00% |
| Dividend Payout Ratio (TTM) | 29.34% | 0.00% |
Valuation
P/E Ratio (TTM)
Both NetApp (NTAP) at 23.86 and Zebra (ZBRA) at 26.03 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
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
ZBRA
Technology Hardware & Equipment industry group
26.03
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- ZBRA
- 26.03
- Q1
- 19.36
- Min
- 6.07
P/S Ratio (TTM)
On P/S ratio, both NetApp (NTAP) at 4.50 and Zebra (ZBRA) at 2.47 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
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
ZBRA
Technology Hardware & Equipment industry group
2.47
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- ZBRA
- 2.47
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
Zebra (ZBRA) at 4.26 sits near its industry’s typical P/B ratio, while NetApp (NTAP) at 22.18 prices above its benchmark range — NTAP looks rich relative to book.
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
ZBRA
Technology Hardware & Equipment industry group
4.26
- Max
- 10.75
- Q3
- 5.52
- ZBRA
- 4.26
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | NTAP | ZBRA |
|---|---|---|
| P/E Ratio (TTM) | 23.86 | 26.03 |
| P/S Ratio (TTM) | 4.50 | 2.47 |
| P/B Ratio (MRQ) | 22.18 | 4.26 |
| Free Cash Flow Yield (TTM) | 3.52% | 4.61% |