NetApp (NTAP) Debt Ratio (2010 - 2026)
NetApp (NTAP) recorded quarterly Debt Ratio of 0.23 in Q2 2026, down 7.16% quarter-over-quarter from 0.25 in Q1 2026, and down 22.56% year-on-year from 0.3 in Q2 2025.
NetApp (NTAP) Debt Ratio (2010 - 2026) Analysis & Trends
NetApp has disclosed Debt Ratio across 17 years of filings, most recently posting 0.23 for Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio fell 22.56% year-over-year to 0.23; the trailing twelve-month figure through Apr 2026 stood at 0.23 (down 22.56% YoY), and the FY2026 full-year result was 0.23, down 22.56% from the prior year.
- Debt Ratio was 0.23 for Q2 2026 at NetApp, down from 0.25 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.3 in Q2 2025 and troughed at 0.22 in Q4 2024.
- The 5-year median for Debt Ratio is 0.26 (2025), against an average of 0.25.
- The sharpest annual moves came in 2025 and 2026: Debt Ratio advanced 23.55% in 2025, then decreased 22.56% in 2026.
- Year by year, Debt Ratio stood at 0.24 in 2022, then rose by 7.97% to 0.26 in 2023, then dropped by 16.01% to 0.22 in 2024, then climbed by 16.63% to 0.26 in 2025, then slipped by 10.33% to 0.23 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.23 in Q2 2026, 0.25 in Q1 2026, and 0.26 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 0.06 |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 0.51 |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 0.07 |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 0.05 |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 0.21 |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 0.21 |
| 10 | NetApp | 32.80 Bn | 29.21 Bn | 1.37 Bn | 0.23 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 30, 2021 | 0.29 |