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
DateValue
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