NetApp (NTAP) Interest Coverage Ratio (2009 - 2026)
NetApp (NTAP) posted Interest Coverage Ratio of 19.0 for Q2 2026, up 13.82% on a QoQ basis from 16.69 in Q1 2026, and up 14.66% year-over-year from 16.57 in Q2 2025.
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NetApp (NTAP) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
NetApp has reported Interest Coverage Ratio for 18 years, with the latest figure at 19.0 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 14.66% year-over-year to 19.0 in Q2 2026; TTM through Apr 2026 was 15.36, a 26.48% decrease from a year earlier, with the FY2026 full-year figure at 15.36, down 26.48% from the prior year.
- Interest Coverage Ratio was 19.0 for Q2 2026 at NetApp, up from 16.69 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 30.17 in Q1 2025, with the low at 21.53 in Q1 2024.
- Average Interest Coverage Ratio over 5 years is 10.74, with a median of 16.42 recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio plunged 300.27% in 2024, then jumped 407.1% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 16.59 in 2022, then tumbled by 222.17% to 20.27 in 2023, then surged by 213.49% to 23.0 in 2024, then plunged by 33.28% to 15.35 in 2025, then climbed by 23.81% to 19.0 in 2026.
- The last three Interest Coverage Ratio figures came in at 19.0 (Q2 2026), 16.69 (Q1 2026), and 15.35 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 340.03 Bn | 328.45 Bn | 7.78 Bn | - |
| 2 | Sandisk | 254.04 Bn | 249.28 Bn | 7.58 Bn | 3,518.50 |
| 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 | 24.36 |
| 5 | Western Digital | 168.75 Bn | 167.17 Bn | 2.03 Bn | 111.64 |
| 6 | Hewlett Packard Enterprise | 69.08 Bn | 62.86 Bn | 4.93 Bn | - |
| 7 | NetApp | 36.45 Bn | 32.88 Bn | 1.42 Bn | - |
| 8 | Everpure | 33.13 Bn | 32.12 Bn | 811.39 Mn | - |
| 9 | Super Micro Computer | 26.01 Bn | 18.48 Bn | 1.94 Bn | 18.65 |
| 10 | Penguin Solutions | 2.65 Bn | 2.41 Bn | 133.21 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 24, 2026 | 19.00 |
| Jan 23, 2026 | 16.69 |
| Oct 24, 2025 | 15.35 |
| Jul 25, 2025 | 10.66 |
| Apr 25, 2025 | 16.57 |
| Jan 24, 2025 | 30.17 |
| Oct 25, 2024 | 23.00 |
| Jul 26, 2024 | 17.63 |
| Apr 26, 2024 | 3.27 |
| Jan 26, 2024 | -21.53 |
| Oct 27, 2023 | -20.27 |
| Jul 28, 2023 | -11.13 |
| Apr 28, 2023 | 19.31 |
| Jan 27, 2023 | 10.75 |
| Oct 28, 2022 | 16.59 |
| Jul 29, 2022 | 14.17 |
| Apr 29, 2022 | 16.28 |
| Jan 28, 2022 | 16.89 |
| Oct 29, 2021 | 16.33 |
| Jul 30, 2021 | 13.83 |