NetApp (NTAP) Debt Ratio (2010 - 2026)

NetApp has reported Debt Ratio for 17 years, with the latest figure at 0.23 in Q3 2026.

• On a quarterly basis, Debt Ratio fell 11.54% year-over-year to 0.23 in Q3 2026; TTM through Jul 2026 was 0.23, a 11.54% decrease from a year earlier, with the FY2026 full-year figure at 0.23, down 22.56% from the prior year.
• Debt Ratio was 0.23 for Q3 2026 at NetApp, down from 0.23 in the prior quarter.
• The five-year high for Debt Ratio was 0.31 in Q4 2023, with the low at 0.22 in Q4 2024.
• Average Debt Ratio over 5 years is 0.26, with a median of 0.26 recorded in 2025.
• The sharpest annual moves came in 2023 and 2024: Debt Ratio climbed 26.04% in 2023, then fell 28.04% in 2024.
• Over 5 years, Debt Ratio stood at 0.24 in 2022, then advanced by 26.04% to 0.31 in 2023, then dropped by 28.04% to 0.22 in 2024, then rose by 16.63% to 0.26 in 2025, then dropped by 12.02% to 0.23 in 2026.
• The last three Debt Ratio figures came in at 0.23 (Q3 2026), 0.23 (Q2 2026), and 0.25 (Q1 2026), per Business Quant data.