NetApp Profit Margin vs. Shares Owned By Insiders
| NTAP Stock | USD 105.11 1.36 1.28% |
NetApp Net Profit Margin |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.5 | 0.63 |
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| Net Profit Margin | 0.088 | 0.16 |
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| Operating Profit Margin | 0.1 | 0.18 |
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| Pretax Profit Margin | 0.11 | 0.19 |
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| Return On Assets | 0.0857 | 0.13 |
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| Return On Equity | 1.08 | 1.03 |
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For NetApp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NetApp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NetApp Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NetApp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NetApp Inc over time as well as its relative position and ranking within its peers.
NetApp's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
NetApp Revenue Breakdown by Earning Segment
By analyzing NetApp's earnings estimates, investors can diagnose different trends across NetApp's analyst sentiment over time as well as compare current estimates against different timeframes.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NetApp. If investors know NetApp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NetApp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.063 | Dividend Share 2.08 | Earnings Share 5.74 | Revenue Per Share | Quarterly Revenue Growth 0.028 |
The market value of NetApp Inc is measured differently than its book value, which is the value of NetApp that is recorded on the company's balance sheet. Investors also form their own opinion of NetApp's value that differs from its market value or its book value, called intrinsic value, which is NetApp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NetApp's market value can be influenced by many factors that don't directly affect NetApp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NetApp's value and its price as these two are different measures arrived at by different means. Investors typically determine if NetApp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetApp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
NetApp Inc Shares Owned By Insiders vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NetApp's current stock value. Our valuation model uses many indicators to compare NetApp value to that of its competitors to determine the firm's financial worth. NetApp Inc is regarded fourth in profit margin category among its peers. It is rated below average in shares owned by insiders category among its peers making about 2.82 of Shares Owned By Insiders per Profit Margin. At this time, NetApp's Net Profit Margin is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value NetApp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.NetApp Shares Owned By Insiders vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
NetApp |
| = | 0.18 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
NetApp |
| = | 0.50 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
NetApp Shares Owned By Insiders Comparison
NetApp is currently under evaluation in shares owned by insiders category among its peers.
NetApp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NetApp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NetApp will eventually generate negative long term returns. The profitability progress is the general direction of NetApp's change in net profit over the period of time. It can combine multiple indicators of NetApp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -59.4 M | -56.4 M | |
| Operating Income | 1.5 B | 1.6 B | |
| Income Before Tax | 1.6 B | 1.7 B | |
| Total Other Income Expense Net | 41.4 M | 43.5 M | |
| Net Income | 1.4 B | 1.4 B | |
| Income Tax Expense | 226.6 M | 118.7 M | |
| Net Income Applicable To Common Shares | 1.5 B | 1.5 B | |
| Net Income From Continuing Ops | 1.4 B | 799.1 M | |
| Non Operating Income Net Other | 43.2 M | 45.4 M | |
| Net Interest Income | 55.2 M | 58 M | |
| Interest Income | 128.8 M | 69.4 M | |
| Change To Netincome | -415.1 M | -394.4 M | |
| Net Income Per Share | 5.23 | 5.49 | |
| Income Quality | 1.46 | 1.39 | |
| Net Income Per E B T | 0.77 | 0.65 |
NetApp Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NetApp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of NetApp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the NetApp's important profitability drivers and their relationship over time.
NetApp Earnings Estimation Breakdown
The calculation of NetApp's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of NetApp is estimated to be 1.9735 with the future projection ranging from a low of 1.93 to a high of 2.005. Please be aware that this consensus of annual earnings estimates for NetApp Inc is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.93 Lowest | Expected EPS | 2.00 Highest |
NetApp Earnings Projection Consensus
Suppose the current estimates of NetApp's value are higher than the current market price of the NetApp stock. In this case, investors may conclude that NetApp is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and NetApp's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of April 2026 | Current EPS (TTM) | |
| 20 | 90.6% | 0.0 | 1.9735 | 5.74 |
NetApp Earnings History
Earnings estimate consensus by NetApp Inc analysts from Wall Street is used by the market to judge NetApp's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only NetApp's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.NetApp Quarterly Gross Profit |
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NetApp Earnings per Share Projection vs Actual
Actual Earning per Share of NetApp refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering NetApp Inc predict the company's earnings will be in the future. The higher the earnings per share of NetApp, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.NetApp Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as NetApp, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of NetApp should always be considered in relation to other companies to make a more educated investment decision.NetApp Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact NetApp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
null | null | null | null | null | 0 | ||
2025-11-25 | 2025-10-31 | 1.88 | 2.05 | 0.17 | 9 | ||
2025-08-27 | 2025-07-31 | 1.54 | 1.55 | 0.01 | 0 | ||
2025-05-29 | 2025-04-30 | 1.9 | 1.93 | 0.03 | 1 | ||
2025-02-27 | 2025-01-31 | 1.91 | 1.91 | 0.0 | 0 | ||
2024-11-21 | 2024-10-31 | 1.78 | 1.87 | 0.09 | 5 | ||
2024-08-28 | 2024-07-31 | 1.45 | 1.56 | 0.11 | 7 | ||
2024-05-30 | 2024-04-30 | 1.79 | 1.8 | 0.01 | 0 | ||
2024-02-29 | 2024-01-31 | 1.69 | 1.94 | 0.25 | 14 | ||
2023-11-28 | 2023-10-31 | 1.39 | 1.58 | 0.19 | 13 | ||
2023-08-23 | 2023-07-31 | 1.07 | 1.15 | 0.08 | 7 | ||
2023-05-31 | 2023-04-30 | 1.34 | 1.54 | 0.2 | 14 | ||
2023-02-22 | 2023-01-31 | 1.31 | 1.37 | 0.06 | 4 | ||
2022-11-29 | 2022-10-31 | 1.33 | 1.48 | 0.15 | 11 | ||
2022-08-24 | 2022-07-31 | 1.1 | 1.2 | 0.1 | 9 | ||
2022-06-01 | 2022-04-30 | 1.28 | 1.42 | 0.14 | 10 | ||
2022-02-23 | 2022-01-31 | 1.29 | 1.44 | 0.15 | 11 | ||
2021-11-30 | 2021-10-31 | 1.21 | 1.28 | 0.07 | 5 | ||
2021-08-25 | 2021-07-31 | 0.95 | 1.15 | 0.2 | 21 | ||
2021-06-02 | 2021-04-30 | 1.12 | 1.17 | 0.05 | 4 | ||
2021-02-24 | 2021-01-31 | 1.01 | 1.1 | 0.09 | 8 | ||
2020-12-01 | 2020-10-31 | 0.73 | 1.05 | 0.32 | 43 | ||
2020-08-26 | 2020-07-31 | 0.41 | 0.73 | 0.32 | 78 | ||
2020-05-27 | 2020-04-30 | 1.04 | 1.19 | 0.15 | 14 | ||
2020-02-12 | 2020-01-31 | 1.18 | 1.16 | -0.02 | 1 | ||
2019-11-13 | 2019-10-31 | 0.94 | 1.09 | 0.15 | 15 | ||
2019-08-14 | 2019-07-31 | 0.58 | 0.65 | 0.07 | 12 | ||
2019-05-22 | 2019-04-30 | 1.26 | 1.22 | -0.04 | 3 | ||
2019-02-13 | 2019-01-31 | 1.15 | 1.2 | 0.05 | 4 | ||
2018-11-14 | 2018-10-31 | 0.99 | 1.06 | 0.07 | 7 | ||
2018-08-15 | 2018-07-31 | 0.8 | 1.04 | 0.24 | 30 | ||
2018-05-23 | 2018-04-30 | 1.01 | 1.05 | 0.04 | 3 | ||
2018-02-14 | 2018-01-31 | 0.91 | 0.99 | 0.08 | 8 | ||
2017-11-15 | 2017-10-31 | 0.69 | 0.81 | 0.12 | 17 | ||
2017-08-16 | 2017-07-31 | 0.55 | 0.62 | 0.07 | 12 | ||
2017-05-24 | 2017-04-30 | 0.82 | 0.86 | 0.04 | 4 | ||
2017-02-15 | 2017-01-31 | 0.74 | 0.82 | 0.08 | 10 | ||
2016-11-16 | 2016-10-31 | 0.54 | 0.6 | 0.06 | 11 | ||
2016-08-17 | 2016-07-31 | 0.36 | 0.46 | 0.1 | 27 | ||
2016-05-25 | 2016-04-30 | 0.58 | 0.55 | -0.03 | 5 | ||
2016-02-17 | 2016-01-31 | 0.68 | 0.7 | 0.02 | 2 | ||
2015-11-18 | 2015-10-31 | 0.57 | 0.61 | 0.04 | 7 | ||
2015-08-19 | 2015-07-31 | 0.23 | 0.29 | 0.06 | 26 | ||
2015-05-20 | 2015-04-30 | 0.72 | 0.65 | -0.07 | 9 | ||
2015-02-11 | 2015-01-31 | 0.77 | 0.75 | -0.02 | 2 | ||
2014-11-12 | 2014-10-31 | 0.69 | 0.7 | 0.01 | 1 | ||
2014-08-13 | 2014-07-31 | 0.57 | 0.6 | 0.03 | 5 | ||
2014-05-21 | 2014-04-30 | 0.79 | 0.84 | 0.05 | 6 | ||
2014-02-12 | 2014-01-31 | 0.71 | 0.75 | 0.04 | 5 | ||
2013-11-13 | 2013-10-31 | 0.62 | 0.66 | 0.04 | 6 | ||
2013-08-14 | 2013-07-31 | 0.49 | 0.53 | 0.04 | 8 | ||
2013-05-21 | 2013-04-30 | 0.68 | 0.69 | 0.01 | 1 | ||
2013-02-13 | 2013-01-31 | 0.56 | 0.67 | 0.11 | 19 | ||
2012-11-14 | 2012-10-31 | 0.48 | 0.51 | 0.03 | 6 | ||
2012-08-15 | 2012-07-31 | 0.38 | 0.42 | 0.04 | 10 | ||
2012-05-23 | 2012-04-30 | 0.63 | 0.66 | 0.03 | 4 | ||
2012-02-15 | 2012-01-31 | 0.58 | 0.58 | 0.0 | 0 | ||
2011-11-16 | 2011-10-31 | 0.59 | 0.63 | 0.04 | 6 | ||
2011-08-17 | 2011-07-31 | 0.55 | 0.55 | 0.0 | 0 | ||
2011-05-25 | 2011-04-30 | 0.53 | 0.59 | 0.06 | 11 | ||
2011-02-16 | 2011-01-31 | 0.5 | 0.52 | 0.02 | 4 | ||
2010-11-17 | 2010-10-31 | 0.49 | 0.52 | 0.03 | 6 | ||
2010-08-18 | 2010-07-31 | 0.45 | 0.49 | 0.04 | 8 | ||
2010-05-26 | 2010-04-30 | 0.43 | 0.5 | 0.07 | 16 | ||
2010-02-17 | 2010-01-31 | 0.38 | 0.4 | 0.02 | 5 | ||
2009-11-18 | 2009-10-31 | 0.3 | 0.37 | 0.07 | 23 | ||
2009-08-19 | 2009-07-31 | 0.2 | 0.22 | 0.02 | 10 | ||
2009-05-20 | 2009-04-30 | 0.23 | 0.31 | 0.08 | 34 | ||
2009-02-11 | 2009-01-31 | 0.28 | 0.28 | 0.0 | 0 | ||
2008-11-12 | 2008-10-31 | 0.27 | 0.28 | 0.01 | 3 | ||
2008-08-13 | 2008-07-31 | 0.22 | 0.22 | 0.0 | 0 | ||
2008-05-21 | 2008-04-30 | 0.36 | 0.38 | 0.02 | 5 | ||
2008-02-13 | 2008-01-31 | 0.34 | 0.37 | 0.03 | 8 | ||
2007-11-14 | 2007-10-31 | 0.26 | 0.32 | 0.06 | 23 | ||
2007-08-15 | 2007-07-31 | 0.19 | 0.2 | 0.01 | 5 | ||
2007-05-23 | 2007-04-30 | 0.24 | 0.18 | -0.06 | 25 | ||
2007-02-14 | 2007-01-31 | 0.21 | 0.19 | -0.02 | 9 | ||
2006-11-15 | 2006-10-31 | 0.18 | 0.17 | -0.01 | 5 | ||
2006-08-16 | 2006-07-31 | 0.16 | 0.14 | -0.02 | 12 | ||
2006-05-24 | 2006-04-30 | 0.22 | 0.23 | 0.01 | 4 | ||
2006-02-15 | 2006-01-31 | 0.21 | 0.22 | 0.01 | 4 | ||
2005-11-16 | 2005-10-31 | 0.18 | 0.21 | 0.03 | 16 | ||
2005-08-17 | 2005-07-31 | 0.16 | 0.16 | 0.0 | 0 | ||
2005-05-24 | 2005-04-30 | 0.17 | 0.17 | 0.0 | 0 | ||
2005-02-15 | 2005-01-31 | 0.16 | 0.16 | 0.0 | 0 | ||
2004-11-16 | 2004-10-31 | 0.14 | 0.16 | 0.02 | 14 | ||
2004-08-17 | 2004-07-31 | 0.12 | 0.13 | 0.01 | 8 | ||
2004-05-18 | 2004-04-30 | 0.12 | 0.12 | 0.0 | 0 | ||
2004-02-17 | 2004-01-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2003-11-18 | 2003-10-31 | 0.09 | 0.09 | 0.0 | 0 | ||
2003-08-19 | 2003-07-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2003-05-13 | 2003-04-30 | 0.07 | 0.07 | 0.0 | 0 | ||
2003-02-11 | 2003-01-31 | 0.06 | 0.06 | 0.0 | 0 | ||
2002-11-12 | 2002-10-31 | 0.05 | 0.05 | 0.0 | 0 | ||
2002-08-13 | 2002-07-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2002-05-14 | 2002-04-30 | 0.04 | 0.04 | 0.0 | 0 | ||
2002-02-12 | 2002-01-31 | 0.02 | 0.04 | 0.02 | 100 | ||
2001-11-13 | 2001-10-31 | 0.01 | 0.02 | 0.01 | 100 | ||
2001-08-14 | 2001-07-31 | 0.01 | 0.01 | 0.0 | 0 | ||
2001-05-15 | 2001-04-30 | 0.02 | 0.02 | 0.0 | 0 | ||
2001-02-08 | 2001-01-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2000-11-14 | 2000-10-31 | 0.09 | 0.1 | 0.01 | 11 | ||
2000-08-14 | 2000-07-31 | 0.08 | 0.09 | 0.01 | 12 | ||
2000-05-18 | 2000-04-30 | 0.06 | 0.07 | 0.01 | 16 | ||
2000-02-15 | 2000-01-31 | 0.05 | 0.06 | 0.01 | 20 | ||
1999-11-16 | 1999-10-31 | 0.04 | 0.05 | 0.01 | 25 | ||
1999-08-18 | 1999-07-31 | 0.04 | 0.04 | 0.0 | 0 | ||
1999-05-18 | 1999-04-30 | 0.03 | 0.03 | 0.0 | 0 | ||
1999-02-17 | 1999-01-31 | 0.03 | 0.03 | 0.0 | 0 | ||
1998-11-17 | 1998-10-31 | 0.03 | 0.03 | 0.0 | 0 | ||
1998-08-18 | 1998-07-31 | 0.02 | 0.02 | 0.0 | 0 | ||
1998-05-12 | 1998-04-30 | 0.02 | 0.02 | 0.0 | 0 | ||
1998-02-10 | 1998-01-31 | 0.02 | 0.02 | 0.0 | 0 | ||
1997-11-11 | 1997-10-31 | 0.02 | 0.02 | 0.0 | 0 | ||
1997-08-12 | 1997-07-31 | 0.01 | 0.02 | 0.01 | 100 | ||
1997-05-07 | 1997-04-30 | 0.01 | 0.01 | 0.0 | 0 | ||
1997-02-12 | 1997-01-31 | 0.01 | 0.01 | 0.0 | 0 | ||
1996-11-12 | 1996-10-31 | 0.01 | 0.01 | 0.0 | 0 | ||
1996-08-14 | 1996-07-31 | 0.01 | 0.01 | 0.0 | 0 | ||
1996-05-15 | 1996-04-30 | 0.01 | 0.01 | 0.0 | 0 | ||
1996-02-15 | 1996-01-31 | 0.01 | 0.01 | 0.0 | 0 |
Use NetApp in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NetApp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NetApp will appreciate offsetting losses from the drop in the long position's value.NetApp Pair Trading
NetApp Inc Pair Trading Analysis
The ability to find closely correlated positions to NetApp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NetApp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NetApp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NetApp Inc to buy it.
The correlation of NetApp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NetApp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NetApp Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NetApp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your NetApp position
In addition to having NetApp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Cash Cows
Entities with stable and reliable earnings or profits, which allows them to pay consistent dividends to their shareholders. The Cash Cows theme has 25 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cash Cows Theme or any other thematic opportunities.
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Additional Tools for NetApp Stock Analysis
When running NetApp's price analysis, check to measure NetApp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetApp is operating at the current time. Most of NetApp's value examination focuses on studying past and present price action to predict the probability of NetApp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetApp's price. Additionally, you may evaluate how the addition of NetApp to your portfolios can decrease your overall portfolio volatility.