NetApp (NTAP) Debt Ratio (2010 - 2026)
NetApp's (NTAP) Debt Ratio stood at 0.23 in fiscal Q1 2027 (quarter ended Jul 31, 2026), down 11.5% from 0.26 a year earlier and down 1.9% from the prior quarter.
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Analysis
NetApp (NTAP) Debt Ratio (2010 - 2026) Analysis & Trends
Starting with fiscal Q2 2011, NetApp's Debt Ratio history includes 62 quarters.
- Across earlier fiscal years, Debt Ratio came in at 0.30 in FY2025 (+23.5%), 0.24 in FY2024 (-0.6%), 0.24 in FY2023 (-7.5%) and 0.26 in FY2022 (-6.5%).
- The fiscal Q1 2027 figure is the lowest quarterly Debt Ratio since fiscal Q3 2025.
- On a year-over-year basis, Debt Ratio rose in three of the last eight quarters, with an average decline of 1.3%.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 23.5% in fiscal Q4 2025, against a decline of 22.6% in fiscal Q4 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.23 (Q4 2026), 0.25 (Q3 2026) and 0.26 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,982.68 Bn | 4,730.17 Bn | 54.77 Bn | 0.22 |
| 2 | Cisco Systems | 421.04 Bn | 356.97 Bn | 11.06 Bn | 0.23 |
| 3 | Dell Technologies | 360.24 Bn | 315.99 Bn | 9.83 Bn | 0.27 |
| 4 | Arista Networks | 260.49 Bn | 213.94 Bn | 1.91 Bn | - |
| 5 | Sandisk | 259.56 Bn | 248.08 Bn | 7.58 Bn | - |
| 6 | Seagate Technology Holdings | 207.93 Bn | 202.92 Bn | 1.90 Bn | 0.36 |
| 7 | Western Digital | 164.91 Bn | 153.04 Bn | 2.03 Bn | 0.08 |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 0.08 |
| 9 | Hewlett Packard Enterprise | 83.59 Bn | 61.47 Bn | 4.93 Bn | 0.24 |
| 10 | NetApp | 39.43 Bn | 22.24 Bn | 1.42 Bn | 0.23 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.23 |
| Apr 24, 2026 | 0.23 |
| Jan 23, 2026 | 0.25 |
| Oct 24, 2025 | 0.26 |
| Jul 25, 2025 | 0.26 |
| Apr 25, 2025 | 0.30 |
| Jan 24, 2025 | 0.22 |
| Oct 25, 2024 | 0.22 |
| Jul 26, 2024 | 0.26 |
| Apr 26, 2024 | 0.24 |
| Jan 26, 2024 | 0.26 |
| Oct 27, 2023 | 0.26 |
| Jul 28, 2023 | 0.26 |
| Apr 28, 2023 | 0.24 |
| Jan 27, 2023 | 0.25 |
| Oct 28, 2022 | 0.24 |
| Jul 29, 2022 | 0.28 |
| Apr 29, 2022 | 0.26 |
| Jan 28, 2022 | 0.28 |
| Oct 29, 2021 | 0.29 |
API Access
NetApp Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=NTAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NTAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=NTAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();