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
DateValue
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