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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

NetApp (NTAP) Debt to Equity (2016 - 2026)

NetApp has reported Debt to Equity over the past 17 years, most recently at $2.15 for Q1 2026.

  • Quarterly results put Debt to Equity at $2.15 for Q1 2026, up 7.12% from a year ago — trailing twelve months through Jan 2026 was $2.15 (up 7.12% YoY), and the annual figure for FY2025 was $3.11, up 49.03%.
  • Debt to Equity for Q1 2026 was $2.15 at NetApp, down from $2.52 in the prior quarter.
  • Over the last five years, Debt to Equity for NTAP hit a ceiling of $4.01 in Q3 2022 and a floor of $1.99 in Q4 2022.
  • Median Debt to Equity over the past 5 years was $2.52 (2025), compared with a mean of $2.58.
  • Biggest five-year swings in Debt to Equity: tumbled 45.74% in 2022 and later surged 56.37% in 2023.
  • NetApp's Debt to Equity stood at $1.99 in 2022, then surged by 56.37% to $3.11 in 2023, then dropped by 28.05% to $2.23 in 2024, then rose by 12.84% to $2.52 in 2025, then fell by 14.85% to $2.15 in 2026.
  • The last three reported values for Debt to Equity were $2.15 (Q1 2026), $2.52 (Q4 2025), and $2.55 (Q3 2025) per Business Quant data.