Growth Metrics

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

NetApp's Debt to Equity history spans 17 years, with the latest figure at $2.15 for Q1 2026.

  • Quarterly Debt to Equity rose 7.12% to $2.15 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $2.15 through Jan 2026, up 7.12% year-over-year, with the annual reading at $3.11 for FY2025, 49.03% up from the prior year.
  • Debt to Equity came in at $2.15 for Q1 2026, down from $2.52 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $4.01 in Q3 2022 to a low of $1.99 in Q4 2022.
  • The 5-year median for Debt to Equity is $2.52 (2025), against an average of $2.58.
  • Year-over-year, Debt to Equity tumbled 45.74% in 2022 and then surged 56.37% in 2023.
  • NetApp's Debt to Equity stood at $1.99 in 2022, then soared by 56.37% to $3.11 in 2023, then decreased by 28.05% to $2.23 in 2024, then grew by 12.84% to $2.52 in 2025, then dropped by 14.85% to $2.15 in 2026.
  • Per Business Quant, the three most recent readings for NTAP's Debt to Equity are $2.15 (Q1 2026), $2.52 (Q4 2025), and $2.55 (Q3 2025).