NetApp NTAP
NASDAQ NTAP
$185.59 +0.21 (+0.11%)
At close: Sep 4, 2026 · 4:00 PM EDT

NetApp (NTAP) Dividend Coverage Ratio (2013 - 2026)

NetApp (NTAP) posted Dividend Coverage Ratio of 3.68 for Q3 2026, up 11.05% on a QoQ basis from 3.31 in Q2 2026, and up 64.1% year-over-year from 2.24 in Q3 2025.

Analysis

NetApp (NTAP) Dividend Coverage Ratio (2013 - 2026) Analysis & Trends

NetApp has reported Dividend Coverage Ratio for 14 years, with the latest figure at 3.68 in Q3 2026.

  • On a quarterly basis, Dividend Coverage Ratio rose 64.1% year-over-year to 3.68 in Q3 2026; TTM through Jul 2026 was 3.3, a 29.6% increase from a year earlier, with the FY2026 full-year figure at 2.94, up 14.67% from the prior year.
  • Dividend Coverage Ratio was 3.68 for Q3 2026 at NetApp, up from 3.31 in the prior quarter.
  • The five-year high for Dividend Coverage Ratio was 6.94 in Q4 2022, with the low at 3.41 in Q2 2023.
  • Average Dividend Coverage Ratio over 5 years is 2.35, with a median of 2.32 recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Dividend Coverage Ratio plunged 428.72% in 2023, then soared 404.91% in 2024.
  • Over 5 years, Dividend Coverage Ratio stood at 6.94 in 2022, then tumbled by 67.43% to 2.26 in 2023, then increased by 24.69% to 2.82 in 2024, then climbed by 4.98% to 2.96 in 2025, then increased by 24.16% to 3.68 in 2026.
  • The last three Dividend Coverage Ratio figures came in at 3.68 (Q3 2026), 3.31 (Q2 2026), and 3.24 (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Div. Cover (Qtr)
1 Dell Technologies 340.03 Bn 328.45 Bn 7.78 Bn 7.41
2 Sandisk 254.04 Bn 249.28 Bn 7.58 Bn -
3 Arista Networks 244.37 Bn 231.03 Bn 1.91 Bn -
4 Seagate Technology Holdings 192.61 Bn 190.91 Bn 1.90 Bn 7.80
5 Western Digital 168.75 Bn 167.17 Bn 2.03 Bn 59.17
6 Hewlett Packard Enterprise 69.08 Bn 62.86 Bn 4.93 Bn 7.99
7 NetApp 36.45 Bn 32.88 Bn 1.42 Bn 3.68
8 Everpure 33.13 Bn 32.12 Bn 811.39 Mn -
9 Super Micro Computer 26.01 Bn 18.48 Bn 1.94 Bn -
10 Penguin Solutions 2.65 Bn 2.41 Bn 133.21 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 3.68
Apr 24, 2026 3.31
Jan 23, 2026 3.24
Oct 24, 2025 2.96
Jul 25, 2025 2.24
Apr 25, 2025 2.29
Jan 24, 2025 2.82
Oct 25, 2024 2.82
Jul 26, 2024 2.32
Apr 26, 2024 2.80
Jan 26, 2024 3.04
Oct 27, 2023 2.26
Jul 28, 2023 1.41
Apr 28, 2023 -3.41
Jan 27, 2023 0.60
Oct 28, 2022 6.94
Jul 29, 2022 1.95
Apr 29, 2022 1.04
Jan 28, 2022 2.27
Oct 29, 2021 2.00