NetApp NTAP
NASDAQ NTAP
$185.59 +0.21 (+0.11%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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