NetApp (NTAP) Asset Utilization Ratio (2010 - 2026)
NetApp (NTAP) posted Asset Utilization Ratio of 0.68 for Q3 2026, up 1.89% on a QoQ basis from 0.67 in Q2 2026, and up 5.97% year-over-year from 0.64 in Q3 2025.
Analysis
NetApp (NTAP) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
NetApp has reported Asset Utilization Ratio for 17 years, with the latest figure at 0.68 in Q3 2026.
- On a quarterly basis, Asset Utilization Ratio rose 5.97% year-over-year to 0.68 in Q3 2026; TTM through Jul 2026 was 0.68, a 5.97% increase from a year earlier, with the FY2026 full-year figure at 0.64, up 1.18% from the prior year.
- Asset Utilization Ratio was 0.68 for Q3 2026 at NetApp, up from 0.67 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.72 in Q1 2025, with the low at 0.64 in Q3 2025.
- Average Asset Utilization Ratio over 5 years is 0.67, with a median of 0.66 recorded in 2024.
- The sharpest annual moves came in 2025 and 2026: Asset Utilization Ratio advanced 7.92% in 2025, then dropped 5.37% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 0.68 in 2022, then slipped by 1.86% to 0.67 in 2023, then grew by 6.26% to 0.71 in 2024, then decreased by 2.74% to 0.69 in 2025, then fell by 0.91% to 0.68 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.68 (Q3 2026), 0.67 (Q2 2026), and 0.68 (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 340.03 Bn | 328.45 Bn | 7.78 Bn | 1.24 |
| 2 | Sandisk | 254.04 Bn | 249.28 Bn | 7.58 Bn | 1.02 |
| 3 | Arista Networks | 244.37 Bn | 231.03 Bn | 1.91 Bn | 0.46 |
| 4 | Seagate Technology Holdings | 192.61 Bn | 190.91 Bn | 1.90 Bn | 1.29 |
| 5 | Western Digital | 168.75 Bn | 167.17 Bn | 2.03 Bn | 0.89 |
| 6 | Hewlett Packard Enterprise | 69.08 Bn | 62.86 Bn | 4.93 Bn | 0.51 |
| 7 | NetApp | 36.45 Bn | 32.88 Bn | 1.42 Bn | 0.68 |
| 8 | Everpure | 33.13 Bn | 32.12 Bn | 811.39 Mn | 0.85 |
| 9 | Super Micro Computer | 26.01 Bn | 18.48 Bn | 1.94 Bn | 1.46 |
| 10 | Penguin Solutions | 2.65 Bn | 2.41 Bn | 133.21 Mn | 0.76 |
Historic Data
Download Data
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 |