NetApp (NTAP) Asset Utilization Ratio (2010 - 2026)
NetApp (NTAP) posted quarterly Asset Utilization Ratio of 0.6 for Q2 2026, up 0.98% year-over-year from 0.6 in Q2 2025, and down 2.36% on a QoQ basis from 0.62 in Q1 2026.
NetApp (NTAP) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
NetApp (NTAP) has reported Asset Utilization Ratio for 17 consecutive years, with 0.6 the latest figure, recorded in Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 0.98% year-over-year to 0.6; the TTM figure through Apr 2026 stood at 0.6 (up 0.98% YoY), while the FY2026 annual figure was 0.58, up 1.39% from the prior year.
- Asset Utilization Ratio came in at 0.6 for Q2 2026 at NetApp, down from 0.62 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.68 in Q4 2022, with the low at 0.57 in Q2 2022.
- Average Asset Utilization Ratio over 5 years is 0.62, with a median of 0.62 recorded in 2026.
- The largest YoY upside for Asset Utilization Ratio was 78.63% in 2022 against a maximum downside of 11.1% in 2022.
- Year by year, Asset Utilization Ratio stood at 0.68 in 2022, then declined by 1.86% to 0.67 in 2023, then declined by 3.77% to 0.64 in 2024, then retreated by 3.37% to 0.62 in 2025, then dropped by 2.65% to 0.6 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.6, 0.62, and 0.62 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 0.47 |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 0.27 |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 0.55 |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 0.41 |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 0.46 |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 0.70 |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 0.38 |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 0.17 |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 0.62 |
| 10 | NetApp | 31.12 Bn | 27.54 Bn | 1.37 Bn | 0.60 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 0.60 |
| Jan 23, 2026 | 0.62 |
| Oct 24, 2025 | 0.62 |
| Jul 25, 2025 | 0.58 |
| Apr 25, 2025 | 0.60 |
| 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 |