NetApp (NTAP) Asset Utilization Ratio (2010 - 2026)
NetApp (NTAP) posted quarterly Asset Utilization Ratio of 0.67 for Q2 2026, up 0.78% year-over-year from 0.66 in Q2 2025, and down 2.33% quarter-over-quarter from 0.68 in Q1 2026.
NetApp (NTAP) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
NetApp's Asset Utilization Ratio history runs 17 years deep, the most recent figure standing at 0.67 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 0.78% year-over-year to 0.67; the TTM figure through Apr 2026 stood at 0.67 (up 0.78% YoY), while the FY2026 annual figure was 0.64, up 1.18% from the prior year.
- Asset Utilization Ratio for Q2 2026 stood at 0.67, down from 0.68 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.69 in Q4 2025, with the low at 0.57 in Q2 2022.
- The 5-year median for Asset Utilization Ratio is 0.65 (2023), against an average of 0.64.
- Peak annual rise in Asset Utilization Ratio reached 78.63% in 2022, while the deepest fall reached 11.1% in 2022.
- NetApp's Asset Utilization Ratio stood at 0.68 in 2022, then retreated by 1.86% to 0.67 in 2023, then retreated by 3.77% to 0.64 in 2024, then grew by 7.39% to 0.69 in 2025, then dropped by 2.74% to 0.67 in 2026.
- Business Quant data shows NTAP's Asset Utilization Ratio at 0.67 in Q2 2026, 0.68 in Q1 2026, and 0.69 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 0.46 |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 0.27 |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 0.56 |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 0.30 |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 0.73 |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 0.40 |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 0.17 |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 0.11 |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 0.63 |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 0.67 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 0.66 |
| Oct 25, 2024 | 0.64 |
| Jul 26, 2024 | 0.60 |
| Apr 26, 2024 | 0.59 |
| 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 | 0.58 |
| Apr 29, 2022 | 0.57 |
| Jan 28, 2022 | 0.58 |
| Oct 29, 2021 | 0.57 |
| Jul 30, 2021 | 0.64 |