NetApp (NTAP) Asset Utilization Ratio (2010 - 2026)
NetApp's Asset Utilization Ratio came in at 0.68 for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 6.0% from 0.64 a year earlier and up 1.9% from the prior quarter.
NetApp (NTAP) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2026 (ended Apr 24, 2026), NetApp's Asset Utilization Ratio was 0.64, up 1.2% from FY2025.
- Going back by fiscal year, Asset Utilization Ratio was 0.63 in FY2025 (-0.2%), 0.64 in FY2024 (-0.8%), 0.64 in FY2023 (-1.6%) and 0.65 in FY2022 (-4.2%).
- The five-year range for quarterly Asset Utilization Ratio is 0.64 (fiscal Q1 2026) to 0.72 (fiscal Q3 2025).
- Year-over-year, Asset Utilization Ratio increased in five of the last eight quarters, with growth averaging 1.4%.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in fiscal Q3 2025 (growth of 7.9%), and the weakest in fiscal Q3 2026 (a decline of 5.4%).
- Business Quant data shows NTAP's Asset Utilization Ratio at 0.67 (Q4 2026), 0.68 (Q3 2026) and 0.69 (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,982.68 Bn | 4,730.17 Bn | 54.77 Bn | 1.24 |
| 2 | Cisco Systems | 421.04 Bn | 356.97 Bn | 11.06 Bn | 0.50 |
| 3 | Dell Technologies | 360.24 Bn | 315.99 Bn | 9.83 Bn | 1.25 |
| 4 | Arista Networks | 260.49 Bn | 213.94 Bn | 1.91 Bn | 0.46 |
| 5 | Sandisk | 259.56 Bn | 248.08 Bn | 7.58 Bn | 1.02 |
| 6 | Seagate Technology Holdings | 207.93 Bn | 202.92 Bn | 1.90 Bn | 1.29 |
| 7 | Western Digital | 164.91 Bn | 153.04 Bn | 2.03 Bn | 0.89 |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 0.82 |
| 9 | Hewlett Packard Enterprise | 83.59 Bn | 61.47 Bn | 4.93 Bn | 0.51 |
| 10 | NetApp | 39.43 Bn | 22.24 Bn | 1.42 Bn | 0.68 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.68 |
| Apr 24, 2026 | 0.67 |
| Jan 23, 2026 | 0.68 |
| Oct 24, 2025 | 0.69 |
| Jul 25, 2025 | 0.64 |
| Apr 25, 2025 | 0.66 |
| Jan 24, 2025 | 0.72 |
| Oct 25, 2024 | 0.71 |
| Jul 26, 2024 | 0.66 |
| Apr 26, 2024 | 0.65 |
| Jan 26, 2024 | 0.67 |
| Oct 27, 2023 | 0.67 |
| Jul 28, 2023 | 0.65 |
| Apr 28, 2023 | 0.65 |
| Jan 27, 2023 | 0.66 |
| Oct 28, 2022 | 0.68 |
| Jul 29, 2022 | 0.66 |
| Apr 29, 2022 | 0.65 |
| Jan 28, 2022 | 0.66 |
| Oct 29, 2021 | 0.66 |
NetApp Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NTAP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NTAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NTAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();