NetScout Systems (NTCT) Financials

$22.79 -0.33 (-1.43%)

Closing price 05/30/2025 04:00 PM Eastern

Extended Trading

$22.82 +0.04 (+0.15%)

As of 05/30/2025 04:34 PM Eastern

Annual Income Statements for NetScout Systems

This table shows NetScout Systems' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	3/31/2024	3/31/2023	3/31/2022	3/31/2021	3/31/2020	3/31/2019	3/31/2018	3/31/2017	3/31/2016	3/31/2015	3/31/2014
Net Income / (Loss) Attributable to Common Shareholders	-148	60	36	19	-2.75	-73	80	1,665	-28	61	49
Consolidated Net Income / (Loss)	-148	60	36	19	-2.75	-73	80	33	-28	61	49
Net Income / (Loss) Continuing Operations	-148	60	36	19	-2.75	-73	80	1,665	-28	61	49
Total Pre-Tax Income	-145	68	43	22	1.92	-93	-19	52	-32	95	78
Total Operating Income	-150	78	49	37	18	-72	-4.06	62	-26	97	78
Total Gross Profit	642	691	641	609	650	656	715	1,632	627	359	312
Total Revenue	829	915	856	831	892	910	987	2,324	955	454	397
Operating Revenue	829	915	856	831	892	910	987	2,324	955	454	397
Total Cost of Revenue	187	223	214	222	242	254	272	692	328	95	85
Operating Cost of Revenue	187	223	214	-	242	254	272	692	328	95	85
Total Operating Expenses	792	614	593	572	632	727	719	-62	653	262	234
Selling, General & Admin Expense	96	104	98	89	100	94	109	118	118	47	31
Marketing Expense	271	277	264	243	277	292	313	329	293	136	130
Research & Development Expense	161	176	171	179	188	204	215	233	209	75	70
Amortization Expense	50	55	60	61	65	74	77	70	32	3.35	3.43
Other Operating Expenses / (Income)	-3.81	0.00	0.00	-	-	9.47	0.00	816	-	-	-
Impairment Charge	217	0.00	0.00	-	-	36	0.00	0.00	-	-	-
Restructuring Charge	0.00	1.78	0.00	0.06	2.67	19	5.21	4.00	0.47	0.00	0.00
Total Other Income / (Expense), net	5.32	-9.25	-5.74	-15	-16	-21	-15	-9.88	-6.89	-1.81	-0.16
Interest Expense	8.65	10	8.05	11	21	26	13	9.18	6.33	0.77	0.77
Interest & Investment Income	9.60	4.92	0.30	0.65	4.53	5.25	1.81	1.02	0.69	0.45	0.31
Other Income / (Expense), net	4.37	-3.92	2.01	-4.59	0.36	-0.43	-3.78	-1.72	-1.25	-1.48	0.30
Income Tax Expense	3.22	8.77	7.02	2.95	4.68	-20	-98	19	-4.07	34	29
Basic Earnings per Share	($2.07)	$0.83	$0.48	$0.26	($0.04)	($0.93)	$0.91	$0.36	($0.35)	$1.49	$1.19
Weighted Average Basic Shares Outstanding	71.47M	71.78M	74.02M	73.10M	75.16M	78.62M	87.43M	92.23M	81.93M	41.11M	41.37M
Diluted Earnings per Share	($2.07)	$0.82	$0.48	$0.26	($0.04)	($0.93)	$0.90	$0.36	($0.35)	$1.47	$1.17
Weighted Average Diluted Shares Outstanding	71.47M	73.05M	75.08M	73.82M	75.16M	78.62M	88.26M	92.92M	81.93M	41.64M	41.96M
Weighted Average Basic & Diluted Shares Outstanding	71.42M	71.25M	74.12M	73.75M	144.44M	64.30M	87.70M	92.50M	81.10M	41.10M	41.30M

This table shows NetScout Systems' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Net Income / (Loss) Attributable to Common Shareholders	49	9.03	-443	-32	-133	21	-4.20	-3.22	53	17	-7.13
Consolidated Net Income / (Loss)	49	9.03	-443	-32	-133	21	-4.20	-3.22	53	17	-7.13
Net Income / (Loss) Continuing Operations	49	9.03	-443	-32	-133	21	-4.20	-3.22	53	17	-7.13
Total Pre-Tax Income	57	12	-454	-33	-134	27	-5.33	-1.06	61	19	-10
Total Operating Income	62	14	-463	-37	-134	26	-4.70	1.64	64	21	-9.13
Total Gross Profit	205	149	130	153	174	154	161	157	213	170	151
Total Revenue	252	191	175	203	218	197	211	208	270	228	209
Operating Revenue	252	191	175	203	218	197	211	208	270	228	209
Total Cost of Revenue	47	42	44	50	44	43	50	51	57	58	58
Operating Cost of Revenue	47	42	44	50	44	43	50	51	57	58	58
Total Operating Expenses	144	135	594	190	309	127	165	156	149	149	160
Selling, General & Admin Expense	23	24	26	22	23	23	28	28	26	25	25
Marketing Expense	70	61	70	62	69	61	79	67	67	66	76
Research & Development Expense	38	36	42	44	37	35	46	46	43	44	43
Amortization Expense	12	12	12	13	13	13	13	14	14	14	14
Other Operating Expenses / (Income)	0.00	0.00	-	-	0.00	-3.81	-	-	0.00	0.00	-
Impairment Charge	0.00	0.00	427	-	167	0.00	0.00	-	0.00	-	-
Restructuring Charge	0.92	2.41	17	-	0.00	0.00	0.00	-0.02	0.09	-0.06	1.77
Total Other Income / (Expense), net	-4.34	-1.80	9.63	4.04	0.73	1.18	-0.64	-2.70	-3.17	-2.02	-1.36
Interest Expense	2.65	1.80	1.95	2.18	2.21	2.17	2.09	3.23	2.91	2.24	1.86
Interest & Investment Income	2.53	2.55	3.10	2.66	2.15	2.51	2.29	2.41	1.48	0.76	0.28
Other Income / (Expense), net	-4.22	-2.54	8.48	3.56	0.79	0.85	-0.83	-1.88	-1.74	-0.54	0.23
Income Tax Expense	8.57	3.30	-10	-0.51	-1.14	6.01	-1.13	2.16	7.96	2.00	-3.35
Basic Earnings per Share	$0.68	$0.13	($6.20)	($0.44)	($1.87)	$0.30	($0.06)	($0.04)	$0.73	$0.24	($0.10)
Weighted Average Basic Shares Outstanding	71.74M	71.45M	71.47M	71.47M	71.08M	72.11M	71.54M	71.78M	71.74M	71.86M	72.45M
Diluted Earnings per Share	$0.67	$0.13	($6.20)	($0.43)	($1.87)	$0.29	($0.06)	($0.04)	$0.72	$0.24	($0.10)
Weighted Average Diluted Shares Outstanding	72.57M	71.84M	71.47M	71.47M	71.08M	72.80M	71.54M	73.05M	73.05M	72.89M	72.45M
Weighted Average Basic & Diluted Shares Outstanding	71.75M	71.72M	71.32M	71.42M	71.04M	71.00M	72.15M	71.25M	70.96M	72.25M	71.48M

This table details how cash moves in and out of NetScout Systems' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	3/31/2024	3/31/2023	3/31/2022	3/31/2021	3/31/2020	3/31/2019	3/31/2018	3/31/2017	3/31/2016	3/31/2015	3/31/2014
Net Change in Cash & Equivalents	2.88	-249	169	127	-70	39	65	95	106	2.82	2.15
Net Cash From Operating Activities	59	157	296	214	225	150	222	227	97	107	111
Net Cash From Continuing Operating Activities	59	157	296	214	225	150	222	227	97	107	111
Net Income / (Loss) Continuing Operations	-148	60	36	19	-2.75	-73	80	33	-28	61	49
Consolidated Net Income / (Loss)	-148	60	36	19	-2.75	-73	80	33	-28	61	49
Depreciation Expense	75	86	96	106	116	138	154	161	140	20	18
Non-Cash Adjustments To Reconcile Net Income	289	74	67	62	61	100	48	37	28	17	13
Changes in Operating Assets and Liabilities, net	-158	-63	97	27	50	-15	-59	-4.10	-43	8.83	31
Net Cash From Investing Activities	13	15	-68	25	-4.31	-26	57	-42	25	-56	-77
Net Cash From Continuing Investing Activities	13	15	-68	25	-4.31	-26	57	-42	25	-56	-77
Purchase of Property, Plant & Equipment	-6.34	-10	-10	-12	-20	-24	-16	-31	-26	-13	-13
Acquisitions	0.00	-0.16	-0.05	-4.54	-11	-3.29	-8.88	-5.64	-3.96	-0.17	-1.09
Purchase of Investments	-53	-115	-78	-16	-117	-230	-114	-200	-100	-133	-128
Divestitures	7.77	0.00	0.00	-	-	-	-	-	28	-	-
Sale and/or Maturity of Investments	65	140	21	57	144	230	196	181	119	90	66
Other Investing Activities, net	-0.03	0.00	-0.16	0.09	0.02	-0.10	0.19	14	9.16	0.06	0.12
Net Cash From Financing Activities	-69	-419	-54	-118	-287	-79	-221	-90	-17	-49	-32
Net Cash From Continuing Financing Activities	-69	-419	-54	-118	-287	-79	-221	-90	-17	-49	-32
Repayment of Debt	0.00	-250	-354	-100	-100	-50	0.00	0.00	-	0.00	0.00
Repurchase of Common Equity	-50	-150	-36	-3.28	-175	-14	-501	-80	-303	-52	-34
Issuance of Debt	0.00	0.00	350	0.00	0.00	-	295	0.00	295	-	-
Issuance of Common Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.14	0.81
Other Financing Activities, net	-19	-19	-15	-15	-12	-15	-14	-9.56	-9.07	2.81	1.55
Effect of Exchange Rate Changes	0.06	-1.89	-4.51	6.63	-3.43	-5.21	-	-	0.74	0.83	-0.26
Cash Interest Paid	6.43	8.06	4.96	7.69	18	23	9.60	6.44	3.81	0.00	0.00
Cash Income Taxes Paid	62	56	32	11	13	13	18	49	51	29	21

This table details how cash moves in and out of NetScout Systems' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Net Change in Cash & Equivalents	35	1.14	-27	92	18	-53	-54	35	32	-12	-304
Net Cash From Operating Activities	41	-3.73	38	94	14	-26	-22	113	46	10	-13
Net Cash From Continuing Operating Activities	41	-3.73	38	94	14	-26	-22	113	46	10	-13
Net Income / (Loss) Continuing Operations	49	9.03	-443	-32	-133	21	-4.20	-3.22	53	17	-7.13
Consolidated Net Income / (Loss)	49	9.03	-443	-32	-133	21	-4.20	-3.22	53	17	-7.13
Depreciation Expense	16	16	16	18	19	19	19	22	21	21	22
Amortization Expense	2.63	2.62	2.61	-	2.64	2.63	2.59	-	-	-	-
Non-Cash Adjustments To Reconcile Net Income	20	16	439	65	182	14	20	19	18	19	18
Changes in Operating Assets and Liabilities, net	-46	-48	23	43	-57	-84	-60	76	-46	-48	-45
Net Cash From Investing Activities	1.19	3.95	-3.09	-0.07	20	12	-19	21	-20	-7.67	23
Net Cash From Continuing Investing Activities	1.19	3.95	-3.09	-0.07	20	12	-19	21	-20	-7.67	23
Purchase of Property, Plant & Equipment	-1.86	-0.88	-1.27	-1.60	-1.25	-1.54	-1.96	-2.11	-3.17	-3.01	-2.20
Purchase of Investments	-8.35	-8.85	-12	-9.62	-1.24	-16	-26	-14	-39	-33	-28
Sale and/or Maturity of Investments	11	15	10	11	23	21	8.73	37	22	29	53
Net Cash From Financing Activities	-2.78	-1.60	-62	-0.20	-19	-36	-13	-100	-0.18	-8.20	-311
Net Cash From Continuing Financing Activities	-2.78	-1.60	-62	-0.20	-19	-36	-13	-100	-0.18	-8.20	-311
Repayment of Debt	-77	-	-25	-	-	-	0.00	-100	-	-	-150
Other Financing Activities, net	-0.33	-1.34	-12	-0.20	-0.43	-5.31	-13	-0.21	-0.18	-8.20	-11
Effect of Exchange Rate Changes	-4.85	2.52	-0.64	-1.28	2.64	-2.12	0.82	1.28	6.08	-6.44	-2.81
Cash Interest Paid	1.10	1.26	1.44	1.61	1.63	1.61	1.59	2.71	2.35	1.69	1.31
Cash Income Taxes Paid	10	13	9.14	7.84	13	19	22	8.63	17	17	13

This table presents NetScout Systems' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	3/31/2024	3/31/2023	3/31/2022	3/31/2021	3/31/2020	3/31/2019	3/31/2018	3/31/2017	3/31/2016	3/31/2015	3/31/2014
Total Assets	2,595	2,821	3,195	3,085	3,121	3,270	3,369	3,602	3,593	669	608
Total Current Assets	672	617	922	722	660	801	752	854	740	337	279
Cash & Equivalents	390	387	636	467	338	410	370	305	211	105	102
Short-Term Investments	33	32	67	9.28	48	76	78	138	128	101	75
Accounts Receivable	192	144	148	198	214	235	213	294	247	82	61
Inventories, net	14	18	28	23	22	26	35	40	58	12	13
Prepaid Expenses	32	34	33	24	24	36	34	37	78	13	11
Current Deferred & Refundable Income Taxes	11	2.24	9.35	1.91	14	18	23	40	18	23	17
Plant, Property, & Equipment, net	26	35	41	48	58	59	53	61	62	24	23
Total Noncurrent Assets	1,896	2,168	2,231	2,314	2,403	2,410	2,564	2,686	2,790	308	306
Long-Term Investments	0.99	8.94	0.00	-	2.61	1.01	0.00	22	13	59	41
Goodwill	1,503	1,724	1,723	1,718	1,726	1,715	1,713	1,718	1,709	197	203
Intangible Assets	309	367	433	512	582	669	831	931	1,054	50	59
Noncurrent Deferred & Refundable Income Taxes	31	4.53	6.88	8.10	6.22	7.22	6.69	6.58	6.21	0.00	-
Other Noncurrent Operating Assets	53	64	68	77	86	17	13	7.71	7.36	1.70	2.46
Total Liabilities & Shareholders' Equity	2,595	2,821	3,195	3,085	3,121	3,270	3,369	3,602	3,593	669	608
Total Liabilities	703	791	1,134	1,079	1,183	1,205	1,300	1,165	1,149	233	199
Total Current Liabilities	395	454	476	411	399	380	413	460	457	188	163
Accounts Payable	15	16	22	18	20	25	30	37	44	13	12
Accrued Expenses	15	26	32	21	22	23	33	30	32	14	6.43
Current Deferred Revenue	302	312	331	270	270	273	302	311	297	123	109
Current Deferred & Payable Income Tax Liabilities	0.76	4.39	4.35	7.03	0.90	1.32	1.53	5.06	2.09	0.11	0.79
Current Employee Benefit Liabilities	51	83	76	83	76	59	47	78	82	37	35
Other Current Liabilities	12	12	11	12	10	-	-	-	-	-	-
Total Noncurrent Liabilities	308	337	658	668	784	825	887	705	692	46	36
Long-Term Debt	100	100	350	350	450	550	600	300	300	0.00	-
Noncurrent Deferred Revenue	130	130	133	103	104	95	91	87	68	27	25
Noncurrent Deferred & Payable Income Tax Liabilities	4.37	25	79	92	114	124	152	278	285	11	2.76
Noncurrent Employee Benefit Liabilities	28	26	35	39	34	36	35	32	31	1.59	1.58
Other Noncurrent Operating Liabilities	45	57	61	83	81	19	8.31	8.77	7.54	6.48	6.66
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,892	2,030	2,060	2,006	1,938	2,065	2,069	2,436	2,443	436	409
Total Preferred & Common Equity	1,892	2,030	2,060	2,006	1,938	2,065	2,069	2,436	2,443	436	409
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,892	2,030	2,060	2,006	1,938	2,065	2,069	2,436	2,443	436	409
Common Stock	3,181	3,100	3,024	2,956	2,892	2,829	2,665	2,694	2,643	298	274
Retained Earnings	322	470	411	375	355	358	396	317	283	312	251
Treasury Stock	-1,615	-1,546	-1,374	-1,322	-1,306	-1,119	-996	-571	-481	-170	-118
Accumulated Other Comprehensive Income / (Loss)	3.57	5.74	0.14	-1.94	-3.16	-2.64	2.90	-3.47	-1.50	-4.65	2.77

This table presents NetScout Systems' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	12/31/2023	9/30/2023	6/30/2023	12/31/2022	9/30/2022	6/30/2022	12/31/2021
Total Assets	2,175	2,071	2,085	2,590	2,698	2,731	2,904	2,822	2,817	3,134
Total Current Assets	692	584	590	609	541	550	682	588	563	840
Cash & Equivalents	398	363	362	298	280	333	352	320	333	548
Short-Term Investments	29	38	44	31	49	52	57	47	42	5.35
Accounts Receivable	215	119	129	222	153	108	216	139	113	234
Inventories, net	14	16	15	15	16	18	19	24	23	22
Prepaid Expenses	27	32	26	28	30	27	29	28	32	26
Current Deferred & Refundable Income Taxes	8.80	15	13	15	14	11	8.78	30	21	4.36
Plant, Property, & Equipment, net	22	23	25	28	31	33	38	39	40	43
Total Noncurrent Assets	1,461	1,464	1,470	1,953	2,127	2,148	2,185	2,195	2,213	2,251
Long-Term Investments	1.02	1.01	1.00	1.01	3.96	5.88	6.91	-	-	-
Goodwill	1,079	1,073	1,077	1,552	1,722	1,724	1,726	1,733	1,726	1,721
Intangible Assets	270	286	295	324	336	352	382	394	415	454
Noncurrent Deferred & Refundable Income Taxes	63	55	48	20	4.47	4.61	6.69	6.23	6.65	7.82
Other Noncurrent Operating Assets	48	49	50	57	60	61	63	62	65	69
Total Liabilities & Shareholders' Equity	2,175	2,071	2,085	2,590	2,698	2,731	2,904	2,822	2,817	3,134
Total Liabilities	654	611	653	686	658	699	899	884	910	1,086
Total Current Liabilities	382	347	383	382	359	383	440	402	415	431
Accounts Payable	14	14	16	15	16	14	15	21	20	18
Accrued Expenses	17	15	12	18	18	19	22	27	33	32
Current Deferred Revenue	285	264	279	293	275	283	317	287	297	297
Current Deferred & Payable Income Tax Liabilities	0.76	0.76	0.76	1.60	1.60	1.60	1.68	0.57	2.92	5.38
Current Employee Benefit Liabilities	55	41	63	42	37	54	72	55	51	67
Other Current Liabilities	11	12	12	12	12	12	11	10	11	11
Total Noncurrent Liabilities	272	264	270	304	299	316	459	482	495	655
Long-Term Debt	75	75	75	100	100	100	200	200	200	350
Noncurrent Deferred Revenue	127	116	121	125	119	122	128	123	127	122
Noncurrent Deferred & Payable Income Tax Liabilities	3.65	3.96	4.33	4.51	3.22	14	40	72	75	81
Noncurrent Employee Benefit Liabilities	27	29	28	26	25	26	34	31	34	39
Other Noncurrent Operating Liabilities	39	40	42	48	51	54	57	56	59	63
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,521	1,459	1,432	1,904	2,040	2,031	2,005	1,938	1,907	2,048
Total Preferred & Common Equity	1,521	1,459	1,432	1,904	2,040	2,031	2,005	1,938	1,907	2,048
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,521	1,459	1,432	1,904	2,040	2,031	2,005	1,938	1,907	2,048
Common Stock	3,235	3,221	3,202	3,158	3,143	3,119	3,078	3,016	2,993	3,004
Retained Earnings	-63	-112	-121	355	487	466	473	421	403	419
Treasury Stock	-1,655	-1,654	-1,653	-1,615	-1,596	-1,560	-1,546	-1,498	-1,490	-1,373
Accumulated Other Comprehensive Income / (Loss)	3.12	4.15	3.40	5.87	5.38	5.80	-0.35	-1.06	-0.15	-1.80

This table displays calculated financial ratios and metrics derived from NetScout Systems' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	3/31/2024	3/31/2023	3/31/2022	3/31/2021	3/31/2020	3/31/2019	3/31/2018	3/31/2017	3/31/2016	3/31/2015	3/31/2014
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-9.30%	6.89%	2.92%	-6.79%	-1.99%	-7.79%	-57.54%	143.27%	110.60%	14.38%	13.15%
EBITDA Growth	-144.14%	9.04%	5.83%	3.18%	103.60%	-54.79%	-34.15%	95.30%	-1.51%	19.08%	17.80%
EBIT Growth	-297.26%	45.61%	55.65%	80.83%	124.99%	-819.25%	-112.98%	325.17%	-128.12%	21.68%	21.38%
NOPAT Growth	-254.89%	66.46%	26.26%	227.60%	49.61%	-1,663.92%	-107.17%	321.38%	-128.68%	26.73%	19.68%
Net Income Growth	-347.68%	66.27%	85.38%	802.69%	96.24%	-191.87%	139.74%	217.35%	-146.36%	24.61%	20.92%
EPS Growth	-352.44%	70.83%	84.62%	750.00%	95.70%	-203.33%	150.00%	202.86%	-123.81%	25.64%	21.88%
Operating Cash Flow Growth	-62.46%	-47.08%	38.37%	-4.93%	50.18%	-32.64%	-1.90%	133.27%	-9.09%	-3.62%	16.28%
Free Cash Flow Firm Growth	-60.53%	-65.60%	40.25%	45.41%	145.56%	-10.83%	-70.09%	107.12%	-2,835.27%	6.76%	441.50%
Invested Capital Growth	-7.86%	-0.32%	-9.16%	-5.98%	-6.09%	-4.17%	-2.22%	-5.01%	1,299.30%	-10.23%	-12.60%
Revenue Q/Q Growth	-0.56%	1.88%	-2.53%	-1.88%	90.33%	7.77%	-63.82%	105.85%	21.11%	1.58%	3.72%
EBITDA Q/Q Growth	-108.87%	3.59%	-14.88%	0.25%	-12.21%	71.89%	-24.25%	23.61%	1.17%	4.33%	5.45%
EBIT Q/Q Growth	-29.55%	11.58%	-31.36%	9.66%	-47.05%	33.83%	-119.84%	285.29%	-396.67%	4.38%	5.59%
NOPAT Q/Q Growth	-34.72%	10.16%	-34.64%	13.60%	-231.09%	33.93%	-102.43%	115.05%	-151.51%	7.88%	4.30%
Net Income Q/Q Growth	-24.63%	9.52%	-35.61%	26.89%	-130.19%	3.16%	-6.44%	352.02%	-627.60%	7.33%	4.52%
EPS Q/Q Growth	-23.21%	10.81%	-36.84%	44.44%	-133.33%	6.06%	-6.25%	550.00%	-197.22%	8.09%	4.46%
Operating Cash Flow Q/Q Growth	-24.56%	-21.50%	27.37%	-6.64%	13.58%	4.75%	-9.15%	32.26%	-8.47%	-0.53%	24.38%
Free Cash Flow Firm Q/Q Growth	-22.56%	-37.26%	36.51%	-3.28%	-13.51%	775.50%	-74.83%	58.50%	-0.88%	2.55%	33.46%
Invested Capital Q/Q Growth	-6.32%	-4.88%	-7.43%	-3.02%	-3.26%	-1.81%	-1.22%	-2.13%	-0.49%	-10.71%	-10.79%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	77.41%	75.61%	74.97%	73.28%	72.84%	72.07%	72.45%	70.21%	65.62%	79.16%	78.69%
EBITDA Margin	-8.50%	17.46%	17.11%	16.64%	15.04%	7.24%	14.76%	9.52%	11.86%	25.35%	24.35%
Operating Margin	-18.06%	8.49%	5.68%	4.47%	1.98%	-7.87%	-0.41%	2.67%	-2.67%	21.33%	19.67%
EBIT Margin	-17.54%	8.06%	5.92%	3.91%	2.02%	-7.91%	-0.79%	2.60%	-2.81%	21.01%	19.74%
Profit (Net Income) Margin	-17.81%	6.52%	4.19%	2.33%	-0.31%	-8.06%	8.09%	1.43%	-2.97%	13.49%	12.38%
Tax Burden Percent	102.23%	87.19%	83.64%	86.76%	-143.14%	78.92%	-427.74%	63.79%	87.45%	64.44%	63.07%
Interest Burden Percent	99.35%	92.78%	84.69%	68.55%	10.69%	129.02%	238.18%	86.47%	121.04%	99.66%	99.41%
Effective Tax Rate	0.00%	12.81%	16.36%	13.24%	243.14%	0.00%	0.00%	36.21%	0.00%	35.56%	36.93%
Return on Invested Capital (ROIC)	-6.42%	3.97%	2.27%	1.66%	-1.22%	-2.30%	-0.13%	1.70%	-1.40%	34.52%	24.11%
ROIC Less NNEP Spread (ROIC-NNEP)	6.73%	6.34%	4.27%	40.93%	35.07%	-23.87%	-1,328.84%	7.51%	5.22%	35.00%	24.16%
Return on Net Nonoperating Assets (RNNOA)	-1.12%	-1.06%	-0.50%	-0.68%	1.09%	-1.24%	3.67%	-0.33%	-0.57%	-20.04%	-11.54%
Return on Equity (ROE)	-7.53%	2.92%	1.76%	0.98%	-0.14%	-3.55%	3.54%	1.36%	-1.97%	14.48%	12.57%
Cash Return on Invested Capital (CROIC)	1.77%	4.29%	11.87%	7.83%	5.06%	1.95%	2.12%	6.84%	-174.72%	45.30%	37.56%
Operating Return on Assets (OROA)	-5.37%	2.45%	1.61%	1.05%	0.56%	-2.17%	-0.22%	1.68%	-1.26%	14.93%	13.50%
Return on Assets (ROA)	-5.46%	1.98%	1.14%	0.62%	-0.09%	-2.21%	2.29%	0.93%	-1.33%	9.59%	8.47%
Return on Common Equity (ROCE)	-7.53%	2.92%	1.76%	0.98%	-0.14%	-3.55%	3.54%	1.36%	-1.97%	14.48%	12.57%
Return on Equity Simple (ROE_SIMPLE)	-7.81%	2.94%	1.74%	0.96%	-0.14%	-3.55%	3.86%	1.37%	-1.16%	14.04%	12.00%
Net Operating Profit after Tax (NOPAT)	-105	68	41	32	-25	-50	-2.84	40	-18	62	49
NOPAT Margin	-12.64%	7.40%	4.75%	3.88%	-2.83%	-5.51%	-0.29%	1.70%	-1.87%	13.75%	12.41%
Net Nonoperating Expense Percent (NNEP)	-13.14%	-2.37%	-2.00%	-39.26%	-36.30%	21.57%	1,328.71%	-5.81%	-6.62%	-0.48%	-0.05%
Cost of Revenue to Revenue	22.59%	24.39%	25.03%	26.72%	27.16%	27.93%	27.55%	29.79%	34.38%	20.84%	21.31%
SG&A Expenses to Revenue	11.56%	11.32%	11.42%	10.70%	11.21%	10.28%	11.09%	5.10%	12.32%	10.43%	7.72%
R&D to Revenue	19.44%	19.26%	20.00%	21.55%	21.11%	22.37%	21.80%	10.01%	21.84%	16.59%	17.76%
Operating Expenses to Revenue	95.47%	67.11%	69.28%	68.82%	70.87%	79.94%	72.86%	-2.67%	68.30%	57.83%	59.02%
Earnings before Interest and Taxes (EBIT)	-145	74	51	33	18	-72	-7.83	60	-27	95	78
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-70	160	146	138	134	66	146	221	113	115	97
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.82	1.00	1.15	1.03	0.90	1.06	1.11	1.43	0.93	4.15	3.80
Price to Tangible Book Value (P/TBV)	19.25	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	9.61	10.55
Price to Revenue (P/Rev)	1.87	2.22	2.77	2.49	1.96	2.40	2.33	1.50	2.37	3.98	3.92
Price to Earnings (P/E)	0.00	34.08	66.02	106.86	0.00	0.00	28.81	2.09	0.00	29.54	31.63
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	2.93%	1.51%	0.94%	0.00%	0.00%	3.47%	47.81%	0.00%	3.39%	3.16%
Enterprise Value to Invested Capital (EV/IC)	0.78	1.00	1.18	1.03	0.91	1.06	1.10	1.46	0.93	9.03	7.01
Enterprise Value to Revenue (EV/Rev)	1.48	1.86	2.36	2.34	2.03	2.47	2.48	1.43	2.32	3.40	3.36
Enterprise Value to EBITDA (EV/EBITDA)	0.00	10.68	13.76	14.03	13.49	34.13	16.83	15.00	19.53	13.41	13.82
Enterprise Value to EBIT (EV/EBIT)	0.00	23.12	39.79	59.67	100.54	0.00	0.00	54.99	0.00	16.19	17.04
Enterprise Value to NOPAT (EV/NOPAT)	0.00	25.18	49.54	60.27	0.00	0.00	0.00	83.82	0.00	24.74	27.12
Enterprise Value to Operating Cash Flow (EV/OCF)	20.87	10.89	6.81	9.08	8.04	15.00	11.02	14.63	22.76	14.43	12.03
Enterprise Value to Free Cash Flow (EV/FCFF)	42.47	23.29	9.47	12.80	17.34	52.89	51.44	20.83	0.00	18.85	17.41
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.05	0.05	0.17	0.17	0.23	0.27	0.29	0.12	0.12	0.00	0.00
Long-Term Debt to Equity	0.05	0.05	0.17	0.17	0.23	0.27	0.29	0.12	0.12	0.00	0.00
Financial Leverage	-0.17	-0.17	-0.12	-0.02	0.03	0.05	0.00	-0.04	-0.11	-0.57	-0.48
Leverage Ratio	1.38	1.47	1.54	1.57	1.60	1.61	1.55	1.47	1.48	1.51	1.49
Compound Leverage Factor	1.37	1.36	1.31	1.08	0.17	2.07	3.69	1.27	1.79	1.51	1.48
Debt to Total Capital	5.02%	4.70%	14.52%	14.86%	18.84%	21.03%	22.48%	10.96%	10.94%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	5.02%	4.70%	14.52%	14.86%	18.84%	21.03%	22.48%	10.96%	10.94%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	94.98%	95.30%	85.48%	85.14%	81.16%	78.97%	77.52%	89.04%	89.06%	100.00%	100.00%
Debt to EBITDA	-1.42	0.63	2.39	2.53	3.36	8.35	4.12	1.36	2.65	0.00	0.00
Net Debt to EBITDA	4.60	-2.05	-2.41	-0.91	0.45	0.96	1.05	-0.74	-0.46	0.00	0.00
Long-Term Debt to EBITDA	-1.42	0.63	2.39	2.53	3.36	8.35	4.12	1.36	2.65	0.00	0.00
Debt to NOPAT	-0.95	1.48	8.60	10.86	-17.82	-10.98	-211.22	7.58	-16.77	0.00	0.00
Net Debt to NOPAT	3.09	-4.84	-8.68	-3.93	-2.41	-1.26	-53.59	-4.16	2.91	0.00	0.00
Long-Term Debt to NOPAT	-0.95	1.48	8.60	10.86	-17.82	-10.98	-211.22	7.58	-16.77	0.00	0.00
Altman Z-Score	1.76	2.26	1.92	1.75	1.45	1.60	1.63	2.75	1.63	6.72	6.58
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.70	1.36	1.94	1.76	1.65	2.11	1.82	1.86	1.62	1.80	1.71
Quick Ratio	1.56	1.24	1.79	1.64	1.50	1.90	1.60	1.60	1.28	1.54	1.46
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	29	73	213	152	104	42	48	159	-2,238	82	77
Operating Cash Flow to CapEx	928.06%	1,493.75%	2,860.03%	1,784.76%	1,129.52%	636.90%	1,386.01%	728.75%	368.11%	834.89%	849.12%
Free Cash Flow to Firm to Interest Expense	3.34	7.14	26.44	13.95	5.07	1.63	3.77	17.35	-353.66	105.86	99.81
Operating Cash Flow to Interest Expense	6.80	15.29	36.78	19.66	10.93	5.73	17.61	24.69	15.36	138.34	144.46
Operating Cash Flow Less CapEx to Interest Expense	6.07	14.26	35.49	18.56	9.96	4.83	16.34	21.30	11.19	121.77	127.45
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.31	0.30	0.27	0.27	0.28	0.27	0.28	0.65	0.45	0.71	0.68
Accounts Receivable Turnover	4.94	6.26	4.95	4.04	3.97	4.06	3.89	8.58	5.80	6.36	5.90
Inventory Turnover	11.69	9.66	8.39	9.86	9.99	8.33	7.27	14.12	9.36	7.65	8.39
Fixed Asset Turnover	27.10	24.04	19.05	15.66	15.29	16.33	17.33	37.66	22.25	19.32	18.55
Accounts Payable Turnover	12.10	11.61	10.73	11.70	10.86	9.29	8.05	17.01	11.52	7.68	7.79
Days Sales Outstanding (DSO)	73.92	58.29	73.80	90.28	91.85	90.01	93.92	42.52	62.93	57.42	61.85
Days Inventory Outstanding (DIO)	31.21	37.77	43.48	37.01	36.54	43.84	50.19	25.84	38.98	47.69	43.50
Days Payable Outstanding (DPO)	30.17	31.44	34.02	31.20	33.60	39.29	45.33	21.45	31.70	47.51	46.86
Cash Conversion Cycle (CCC)	74.96	64.63	83.26	96.09	94.80	94.55	98.77	46.92	70.21	57.60	58.48
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,568	1,702	1,707	1,879	1,999	2,128	2,221	2,272	2,391	171	190
Invested Capital Turnover	0.51	0.54	0.48	0.43	0.43	0.42	0.44	1.00	0.75	2.51	1.94
Increase / (Decrease) in Invested Capital	-134	-5.49	-172	-120	-130	-93	-50	-120	2,220	-19	-27
Enterprise Value (EV)	1,227	1,705	2,015	1,942	1,809	2,248	2,452	3,319	2,212	1,543	1,334
Market Capitalization	1,551	2,033	2,368	2,068	1,748	2,185	2,299	3,483	2,264	1,807	1,553
Book Value per Share	$26.64	$28.60	$27.91	$27.31	$26.24	$26.54	$23.71	$26.54	$24.79	$10.57	$9.90
Tangible Book Value per Share	$1.13	($0.86)	($1.30)	($3.05)	($5.01)	($4.10)	($5.45)	($2.32)	($3.25)	$4.56	$3.56
Total Capital	1,992	2,130	2,410	2,356	2,388	2,615	2,669	2,736	2,743	436	409
Total Debt	100	100	350	350	450	550	600	300	300	0.00	0.00
Total Long-Term Debt	100	100	350	350	450	550	600	300	300	0.00	0.00
Net Debt	-324	-328	-353	-126	61	63	152	-165	-52	-265	-219
Capital Expenditures (CapEx)	6.34	10	10	12	20	24	16	31	26	13	13
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-146	-255	-257	-165	-126	-65	-109	-48	-55	-57	-62
Debt-free Net Working Capital (DFNWC)	277	164	446	311	261	421	339	394	283	150	116
Net Working Capital (NWC)	277	164	446	311	261	421	339	394	283	150	116
Net Nonoperating Expense (NNE)	43	8.06	4.80	13	-22	23	-83	6.30	10	1.17	0.10
Net Nonoperating Obligations (NNO)	-324	-328	-353	-126	61	63	152	-165	-52	-265	-219
Total Depreciation and Amortization (D&A)	75	86	96	106	116	138	154	161	140	20	18
Debt-free, Cash-free Net Working Capital to Revenue	-17.57%	-27.91%	-30.09%	-19.88%	-14.10%	-7.11%	-11.01%	-2.09%	-5.79%	-12.48%	-15.51%
Debt-free Net Working Capital to Revenue	33.45%	17.91%	52.10%	37.44%	29.24%	46.30%	34.36%	16.96%	29.66%	32.99%	29.19%
Net Working Capital to Revenue	33.45%	17.91%	52.10%	37.44%	29.24%	46.30%	34.36%	16.96%	29.66%	32.99%	29.19%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($2.07)	$0.83	$0.48	$0.26	($0.04)	($0.93)	$0.91	$0.36	($0.35)	$1.49	$1.19
Adjusted Weighted Average Basic Shares Outstanding	71.47M	71.78M	74.02M	73.10M	75.16M	78.62M	87.43M	92.23M	81.93M	41.11M	41.37M
Adjusted Diluted Earnings per Share	($2.07)	$0.82	$0.48	$0.26	($0.04)	($0.93)	$0.90	$0.36	($0.35)	$1.47	$1.17
Adjusted Weighted Average Diluted Shares Outstanding	71.47M	73.05M	75.08M	73.82M	75.16M	78.62M	88.26M	92.92M	81.93M	41.64M	41.96M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	71.42M	71.25M	74.12M	73.75M	144.44M	77.46M	80.27M	91.72M	93.76M	40.76M	41.06M
Normalized Net Operating Profit after Tax (NOPAT)	47	69	41	32	14	-12	0.81	42	-18	62	49
Normalized NOPAT Margin	5.69%	7.57%	4.75%	3.88%	1.59%	-1.31%	0.08%	1.81%	-1.84%	13.75%	12.41%
Pre Tax Income Margin	-17.42%	7.48%	5.01%	2.68%	0.22%	-10.21%	-1.89%	2.25%	-3.40%	20.93%	19.63%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-16.81	7.20	6.29	2.99	0.87	-2.75	-0.62	6.57	-4.23	123.28	101.97
NOPAT to Interest Expense	-12.12	6.61	5.05	2.96	-1.23	-1.92	-0.22	4.31	-2.83	80.67	64.07
EBIT Less CapEx to Interest Expense	-17.55	6.17	5.01	1.89	-0.09	-3.65	-1.89	3.18	-8.41	106.71	84.96
NOPAT Less CapEx to Interest Expense	-12.86	5.58	3.77	1.86	-2.19	-2.82	-1.50	0.92	-7.00	64.10	47.06
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-33.84%	251.54%	99.38%	16.92%	-6,354.39%	-19.73%	628.13%	240.29%	-1,067.31%	84.51%	69.89%

This table displays calculated financial ratios and metrics derived from NetScout Systems' official financial filings.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	15.57%	-2.89%	-17.32%	-2.23%	-19.10%	-13.71%	1.11%	8.84%	2.80%	7.63%	9.74%
EBITDA Growth	167.38%	-37.83%	-2,741.60%	-171.85%	-234.78%	15.70%	30.04%	34.90%	2.87%	16.36%	-4.18%
EBIT Growth	143.01%	-57.33%	-8,126.61%	-13,823.33%	-315.53%	30.07%	37.86%	96.96%	8.16%	71.09%	19.09%
NOPAT Growth	155.78%	-49.64%	-9,768.46%	-2,357.39%	-269.96%	6.98%	48.56%	119.69%	16.40%	96.45%	14.44%
Net Income Growth	136.82%	-57.94%	-10,456.57%	-906.49%	-351.96%	23.47%	41.11%	61.68%	10.25%	120.15%	37.11%
EPS Growth	135.83%	-55.17%	-10,233.33%	-975.00%	-359.72%	20.83%	40.00%	66.67%	12.50%	118.18%	33.33%
Operating Cash Flow Growth	196.83%	85.86%	271.80%	-16.99%	-69.85%	-360.20%	-78.64%	-27.57%	-50.23%	-56.48%	-152.05%
Free Cash Flow Firm Growth	2,554.10%	4,364.56%	2,789.78%	1,526.66%	-80.96%	-113.18%	-109.77%	-96.01%	-21.71%	24.28%	38.74%
Invested Capital Growth	-30.24%	-37.33%	-36.82%	-7.86%	-6.44%	2.07%	0.49%	-0.32%	-2.99%	-5.48%	-6.82%
Revenue Q/Q Growth	31.87%	9.48%	-14.19%	-6.71%	10.81%	-6.79%	1.46%	-22.80%	18.18%	9.23%	9.22%
EBITDA Q/Q Growth	150.15%	106.95%	-2,737.86%	86.66%	-330.82%	195.41%	-22.82%	-74.39%	98.13%	232.02%	-19.93%
EBIT Q/Q Growth	396.43%	102.55%	-1,261.17%	75.00%	-592.48%	590.85%	-2,203.75%	-100.39%	197.21%	334.52%	-12.75%
NOPAT Q/Q Growth	407.59%	103.19%	-1,153.04%	72.50%	-558.22%	724.94%	-386.63%	-97.93%	188.42%	400.50%	-9.71%
Net Income Q/Q Growth	440.71%	102.04%	-1,267.64%	75.55%	-717.73%	611.00%	-30.39%	-106.12%	202.70%	343.73%	15.16%
EPS Q/Q Growth	415.38%	102.10%	-1,341.86%	77.01%	-744.83%	583.33%	-50.00%	-105.56%	200.00%	340.00%	16.67%
Operating Cash Flow Q/Q Growth	1,211.56%	-109.70%	-58.93%	570.14%	152.97%	-17.86%	-119.84%	143.41%	357.09%	180.92%	-108.05%
Free Cash Flow Firm Q/Q Growth	-18.44%	116.36%	193.42%	412.61%	231.04%	-36.47%	-277.45%	-94.00%	-9.28%	1.21%	-27.59%
Invested Capital Q/Q Growth	3.10%	2.97%	-29.86%	-6.32%	-7.38%	3.81%	2.29%	-4.88%	1.04%	2.21%	1.47%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	81.50%	77.99%	74.58%	75.26%	80.00%	78.12%	76.13%	75.52%	78.93%	74.73%	72.36%
EBITDA Margin	30.08%	15.86%	-249.67%	-7.55%	-51.59%	24.77%	7.81%	10.27%	30.97%	18.47%	6.08%
Operating Margin	24.49%	7.39%	-265.42%	-18.18%	-61.65%	13.36%	-2.22%	0.79%	23.65%	9.38%	-4.37%
EBIT Margin	22.81%	6.06%	-260.56%	-16.43%	-61.29%	13.79%	-2.62%	-0.12%	23.01%	9.15%	-4.26%
Profit (Net Income) Margin	19.37%	4.72%	-253.99%	-15.94%	-60.80%	10.91%	-1.99%	-1.55%	19.52%	7.62%	-3.42%
Tax Burden Percent	85.07%	73.24%	97.73%	98.44%	99.15%	78.12%	78.74%	304.73%	86.86%	89.70%	68.02%
Interest Burden Percent	99.80%	106.43%	99.75%	98.55%	100.05%	101.23%	96.47%	440.42%	97.69%	92.88%	117.85%
Effective Tax Rate	14.93%	26.76%	0.00%	0.00%	0.00%	21.88%	0.00%	0.00%	13.14%	10.30%	0.00%
Return on Invested Capital (ROIC)	12.04%	2.90%	-103.72%	-6.46%	-20.79%	5.17%	-0.82%	0.30%	10.15%	4.11%	-1.49%
ROIC Less NNEP Spread (ROIC-NNEP)	13.31%	3.37%	-65.48%	-4.45%	-3.56%	4.70%	-0.43%	1.58%	11.46%	5.35%	-1.02%
Return on Net Nonoperating Assets (RNNOA)	-2.27%	-0.54%	11.77%	0.74%	0.41%	-0.47%	0.05%	-0.26%	-1.19%	-0.40%	0.08%
Return on Equity (ROE)	9.77%	2.36%	-91.95%	-5.72%	-20.39%	4.69%	-0.77%	0.03%	8.96%	3.72%	-1.41%
Cash Return on Invested Capital (CROIC)	14.71%	16.34%	15.14%	1.77%	2.16%	1.92%	3.53%	4.29%	6.42%	8.57%	9.52%
Operating Return on Assets (OROA)	7.86%	2.00%	-85.79%	-5.03%	-18.61%	4.42%	-0.87%	-0.04%	6.84%	2.79%	-1.27%
Return on Assets (ROA)	6.68%	1.56%	-83.63%	-4.88%	-18.46%	3.50%	-0.66%	-0.47%	5.80%	2.32%	-1.02%
Return on Common Equity (ROCE)	9.77%	2.36%	-91.95%	-5.72%	-20.39%	4.69%	-0.77%	0.03%	8.96%	3.72%	-1.41%
Return on Equity Simple (ROE_SIMPLE)	-27.49%	-41.07%	-40.99%	0.00%	-6.23%	3.27%	3.08%	0.00%	2.72%	2.56%	2.10%
Net Operating Profit after Tax (NOPAT)	53	10	-324	-26	-94	21	-3.29	1.15	55	19	-6.39
NOPAT Margin	20.83%	5.41%	-185.79%	-12.72%	-43.16%	10.44%	-1.56%	0.55%	20.54%	8.42%	-3.06%
Net Nonoperating Expense Percent (NNEP)	-1.27%	-0.47%	-38.24%	-2.00%	-17.24%	0.46%	-0.39%	-1.28%	-1.31%	-1.24%	-0.47%
Return On Investment Capital (ROIC_SIMPLE)	3.29%	-	-	-	-4.70%	-	-	-	-	-	-
Cost of Revenue to Revenue	18.50%	22.01%	25.42%	24.74%	20.00%	21.88%	23.87%	24.48%	21.07%	25.27%	27.64%
SG&A Expenses to Revenue	9.32%	12.42%	14.65%	10.77%	10.60%	11.51%	13.36%	13.42%	9.47%	11.08%	11.87%
R&D to Revenue	14.98%	18.79%	24.33%	21.41%	16.98%	17.84%	21.56%	22.22%	15.79%	19.26%	20.81%
Operating Expenses to Revenue	57.02%	70.60%	340.00%	93.43%	141.65%	64.76%	78.35%	74.73%	55.28%	65.34%	76.73%
Earnings before Interest and Taxes (EBIT)	57	12	-455	-33	-134	27	-5.53	-0.24	62	21	-8.90
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	76	30	-436	-15	-112	49	16	21	83	42	13
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.02	1.06	0.91	0.82	0.82	0.99	1.09	1.00	1.17	1.16	1.32
Price to Tangible Book Value (P/TBV)	9.06	15.45	21.77	19.25	54.75	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.89	1.97	1.65	1.87	1.87	2.28	2.41	2.22	2.62	2.51	2.87
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	30.33	35.24	34.08	43.13	45.17	62.59
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	3.30%	2.84%	2.93%	2.32%	2.21%	1.60%
Enterprise Value to Invested Capital (EV/IC)	1.03	1.08	0.89	0.78	0.79	0.99	1.10	1.00	1.19	1.17	1.35
Enterprise Value to Revenue (EV/Rev)	1.46	1.56	1.23	1.48	1.59	2.02	2.09	1.86	2.38	2.33	2.67
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	10.85	11.90	10.68	13.84	13.65	16.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	21.46	24.83	23.12	32.27	33.74	44.26
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	25.20	27.42	25.18	34.69	38.72	52.80
Enterprise Value to Operating Cash Flow (EV/OCF)	7.07	8.61	8.14	20.87	17.04	16.22	13.04	10.89	10.69	8.41	9.00
Enterprise Value to Free Cash Flow (EV/FCFF)	5.74	5.10	4.53	42.47	35.60	52.00	31.21	23.29	18.28	13.27	13.65
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.10	0.10	0.10
Long-Term Debt to Equity	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.10	0.10	0.10
Financial Leverage	-0.17	-0.16	-0.18	-0.17	-0.11	-0.10	-0.12	-0.17	-0.10	-0.07	-0.08
Leverage Ratio	1.39	1.36	1.39	1.38	1.41	1.39	1.41	1.47	1.49	1.48	1.50
Compound Leverage Factor	1.39	1.45	1.39	1.36	1.41	1.40	1.36	6.48	1.46	1.38	1.76
Debt to Total Capital	4.70%	4.89%	4.98%	5.02%	4.99%	4.67%	4.69%	4.70%	9.07%	9.36%	9.49%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	4.70%	4.89%	4.98%	5.02%	4.99%	4.67%	4.69%	4.70%	9.07%	9.36%	9.49%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	95.30%	95.11%	95.02%	94.98%	95.01%	95.33%	95.31%	95.30%	90.93%	90.64%	90.51%
Debt to EBITDA	-0.21	-0.14	-0.14	-1.42	-2.96	0.61	0.62	0.63	1.30	1.32	1.37
Net Debt to EBITDA	1.00	0.60	0.64	4.60	6.82	-1.41	-1.81	-2.05	-1.40	-1.10	-1.20
Long-Term Debt to EBITDA	-0.21	-0.14	-0.14	-1.42	-2.96	0.61	0.62	0.63	1.30	1.32	1.37
Debt to NOPAT	-0.25	-0.17	-0.18	-0.95	-1.28	1.41	1.43	1.48	3.25	3.74	4.52
Net Debt to NOPAT	1.19	0.75	0.78	3.09	2.96	-3.28	-4.16	-4.84	-3.52	-3.12	-3.95
Long-Term Debt to NOPAT	-0.25	-0.17	-0.18	-0.95	-1.28	1.41	1.43	1.48	3.25	3.74	4.52
Altman Z-Score	2.02	1.98	0.90	1.90	1.81	2.54	2.53	2.17	2.28	2.15	2.22
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.81	1.68	1.54	1.70	1.59	1.51	1.43	1.36	1.55	1.46	1.36
Quick Ratio	1.68	1.50	1.40	1.56	1.44	1.34	1.29	1.24	1.42	1.26	1.17
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	559	685	317	108	21	-16	-12	6.63	111	122	120
Operating Cash Flow to CapEx	2,229.69%	-422.79%	3,030.60%	5,859.61%	1,118.01%	-1,710.77%	-1,142.97%	5,352.66%	1,462.79%	336.16%	-568.88%
Free Cash Flow to Firm to Interest Expense	210.88	380.31	162.76	49.58	9.53	-7.39	-5.62	2.05	37.94	54.36	64.60
Operating Cash Flow to Interest Expense	15.65	-2.07	19.76	43.00	6.32	-12.13	-10.69	34.92	15.89	4.52	-6.72
Operating Cash Flow Less CapEx to Interest Expense	14.95	-2.56	19.11	42.27	5.76	-12.84	-11.62	34.27	14.81	3.17	-7.90
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.34	0.33	0.33	0.31	0.30	0.32	0.33	0.30	0.30	0.31	0.30
Accounts Receivable Turnover	3.77	5.80	6.68	4.94	3.81	6.07	8.29	6.26	3.99	5.90	6.75
Inventory Turnover	12.33	11.17	10.85	11.69	11.07	10.07	10.45	9.66	10.96	8.98	9.96
Fixed Asset Turnover	32.84	29.22	27.29	27.10	25.45	25.53	24.94	24.04	22.35	21.26	20.03
Accounts Payable Turnover	12.72	12.24	11.96	12.10	12.30	10.86	12.60	11.61	12.97	11.43	11.82
Days Sales Outstanding (DSO)	96.94	62.88	54.68	73.92	95.70	60.12	44.03	58.29	91.43	61.91	54.09
Days Inventory Outstanding (DIO)	29.61	32.67	33.65	31.21	32.97	36.26	34.92	37.77	33.31	40.66	36.65
Days Payable Outstanding (DPO)	28.69	29.82	30.52	30.17	29.69	33.60	28.97	31.44	28.13	31.94	30.89
Cash Conversion Cycle (CCC)	97.86	65.73	57.80	74.96	98.99	62.78	49.98	64.63	96.60	70.63	59.86
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,168	1,133	1,100	1,568	1,674	1,807	1,741	1,702	1,789	1,771	1,732
Invested Capital Turnover	0.58	0.54	0.56	0.51	0.48	0.50	0.53	0.54	0.49	0.49	0.49
Increase / (Decrease) in Invested Capital	-506	-675	-641	-134	-115	37	8.48	-5.49	-55	-103	-127
Enterprise Value (EV)	1,200	1,224	974	1,227	1,328	1,789	1,915	1,705	2,133	2,072	2,334
Market Capitalization	1,553	1,551	1,306	1,551	1,558	2,022	2,205	2,033	2,349	2,239	2,509
Book Value per Share	$21.20	$20.46	$20.05	$26.64	$26.82	$28.27	$28.51	$28.60	$27.75	$27.11	$25.73
Tangible Book Value per Share	$2.39	$1.41	$0.84	$1.13	$0.40	($0.26)	($0.63)	($0.86)	($1.42)	($2.65)	($3.16)
Total Capital	1,596	1,534	1,507	1,992	2,004	2,140	2,131	2,130	2,205	2,138	2,107
Total Debt	75	75	75	100	100	100	100	100	200	200	200
Total Long-Term Debt	75	75	75	100	100	100	100	100	200	200	200
Net Debt	-353	-327	-332	-324	-230	-233	-290	-328	-216	-167	-175
Capital Expenditures (CapEx)	1.86	0.88	1.27	1.60	1.25	1.54	1.96	2.11	3.17	3.01	2.20
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-117	-164	-199	-146	-102	-147	-218	-255	-167	-181	-226
Debt-free Net Working Capital (DFNWC)	310	237	207	277	227	181	166	164	242	186	148
Net Working Capital (NWC)	310	237	207	277	227	181	166	164	242	186	148
Net Nonoperating Expense (NNE)	3.69	1.32	119	6.54	38	-0.92	0.91	4.37	2.76	1.82	0.74
Net Nonoperating Obligations (NNO)	-353	-327	-332	-324	-230	-233	-290	-328	-216	-167	-175
Total Depreciation and Amortization (D&A)	18	19	19	18	21	22	22	22	21	21	22
Debt-free, Cash-free Net Working Capital to Revenue	-14.19%	-20.87%	-25.14%	-17.57%	-12.23%	-16.62%	-23.79%	-27.91%	-18.65%	-20.32%	-25.91%
Debt-free Net Working Capital to Revenue	37.80%	30.06%	26.09%	33.45%	27.22%	20.48%	18.16%	17.91%	26.95%	20.91%	16.95%
Net Working Capital to Revenue	37.80%	30.06%	26.09%	33.45%	27.22%	20.48%	18.16%	17.91%	26.95%	20.91%	16.95%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.68	$0.13	($6.20)	($0.44)	($1.87)	$0.30	($0.06)	($0.04)	$0.73	$0.24	($0.10)
Adjusted Weighted Average Basic Shares Outstanding	71.74M	71.45M	71.47M	71.47M	71.08M	72.11M	71.54M	71.78M	71.74M	71.86M	72.45M
Adjusted Diluted Earnings per Share	$0.67	$0.13	($6.20)	($0.43)	($1.87)	$0.29	($0.06)	($0.04)	$0.72	$0.24	($0.10)
Adjusted Weighted Average Diluted Shares Outstanding	72.57M	71.84M	71.47M	71.47M	71.08M	72.80M	71.54M	73.05M	73.05M	72.89M	72.45M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	71.75M	71.72M	71.32M	71.42M	71.04M	71.00M	72.15M	71.25M	70.96M	72.25M	71.48M
Normalized Net Operating Profit after Tax (NOPAT)	53	12	-14	-26	23	21	-3.29	1.13	55	19	-5.15
Normalized NOPAT Margin	21.14%	6.34%	-7.94%	-12.72%	10.48%	10.44%	-1.56%	0.54%	20.57%	8.39%	-2.46%
Pre Tax Income Margin	22.77%	6.45%	-259.90%	-16.19%	-61.32%	13.96%	-2.53%	-0.51%	22.47%	8.50%	-5.02%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	21.70	6.43	-233.86	-15.36	-60.53	12.48	-2.64	-0.07	21.28	9.31	-4.77
NOPAT to Interest Expense	19.82	5.74	-166.75	-11.89	-42.62	9.45	-1.57	0.36	19.00	8.56	-3.43
EBIT Less CapEx to Interest Expense	21.00	5.94	-234.51	-16.09	-61.10	11.77	-3.58	-0.73	20.19	7.96	-5.95
NOPAT Less CapEx to Interest Expense	19.12	5.25	-167.40	-12.63	-43.19	8.74	-2.51	-0.30	17.92	7.22	-4.61
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-6.04%	-7.36%	-12.78%	-33.84%	-42.18%	46.71%	0.00%	251.54%	275.49%	325.36%	463.27%

Frequently Asked Questions About NetScout Systems' Financials

When does NetScout Systems's fiscal year end?

According to the most recent income statement we have on file, NetScout Systems' financial year ends in March. Their financial year 2024 ended on March 31, 2024.

How has NetScout Systems' net income changed over the last 10 years?

NetScout Systems' net income appears to be on a downward trend, with a most recent value of -$147.73 million in 2024, falling from $49.11 million in 2014. The previous period was $59.65 million in 2023. See NetScout Systems' forecast for analyst expectations on what’s next for the company.

What is NetScout Systems's operating income?

NetScout Systems's total operating income in 2024 was -$149.83 million, based on the following breakdown:

Total Gross Profit: $642.04 million
Total Operating Expenses: $791.87 million

How has NetScout Systems revenue changed over the last 10 years?

Over the last 10 years, NetScout Systems' total revenue changed from $396.65 million in 2014 to $829.46 million in 2024, a change of 109.1%.

How much debt does NetScout Systems have?

NetScout Systems' total liabilities were at $703.24 million at the end of 2024, a 11.1% decrease from 2023, and a 254.1% increase since 2014.

How much cash does NetScout Systems have?

In the past 10 years, NetScout Systems' cash and equivalents has ranged from $102.08 million in 2014 to $636.16 million in 2022, and is currently $389.67 million as of their latest financial filing in 2024.

How has NetScout Systems' book value per share changed over the last 10 years?

Over the last 10 years, NetScout Systems' book value per share changed from 9.90 in 2014 to 26.64 in 2024, a change of 169.0%.

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This page (NASDAQ:NTCT) was last updated on 5/31/2025 by MarketBeat.com Staff

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NetScout Systems (NTCT) Financials

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