NetApp (NTAP) Payout Ratio (2013 - 2026)
NetApp (NTAP) posted Payout Ratio of 0.27 for Q3 2026, down 9.95% on a QoQ basis from 0.3 in Q2 2026, and down 39.06% year-over-year from 0.45 in Q3 2025.
Analysis
NetApp (NTAP) Payout Ratio (2013 - 2026) Analysis & Trends
NetApp has reported Payout Ratio for 14 years, with the latest figure at 0.27 in Q3 2026.
- On a quarterly basis, Payout Ratio fell 39.06% year-over-year to 0.27 in Q3 2026; TTM through Jul 2026 was 0.3, a 22.84% decrease from a year earlier, with the FY2026 full-year figure at 0.34, down 12.79% from the prior year.
- Payout Ratio was 0.27 for Q3 2026 at NetApp, down from 0.3 in the prior quarter.
- The five-year high for Payout Ratio was 1.66 in Q1 2023, with the low at 0.29 in Q2 2023.
- Average Payout Ratio over 5 years is 0.45, with a median of 0.36 recorded in 2024.
- The largest YoY upside for Payout Ratio was 277.21% in 2023 against a maximum downside of 130.42% in 2023.
- Over 5 years, Payout Ratio stood at 0.14 in 2022, then surged by 206.99% to 0.44 in 2023, then decreased by 19.8% to 0.35 in 2024, then declined by 4.74% to 0.34 in 2025, then slipped by 19.46% to 0.27 in 2026.
- The last three Payout Ratio figures came in at 0.27 (Q3 2026), 0.3 (Q2 2026), and 0.31 (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 | Arista Networks | 244.37 Bn | 231.03 Bn | 1.91 Bn |
| 4 | Seagate Technology Holdings | 192.61 Bn | 190.91 Bn | 1.90 Bn |
| 5 | Western Digital | 168.75 Bn | 167.17 Bn | 2.03 Bn |
| 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 |
| 10 | Penguin Solutions | 2.65 Bn | 2.41 Bn | 133.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.27 |
| Apr 24, 2026 | 0.30 |
| Jan 23, 2026 | 0.31 |
| Oct 24, 2025 | 0.34 |
| Jul 25, 2025 | 0.45 |
| Apr 25, 2025 | 0.44 |
| Jan 24, 2025 | 0.35 |
| Oct 25, 2024 | 0.35 |
| Jul 26, 2024 | 0.43 |
| Apr 26, 2024 | 0.36 |
| Jan 26, 2024 | 0.33 |
| Oct 27, 2023 | 0.44 |
| Jul 28, 2023 | 0.71 |
| Apr 28, 2023 | -0.29 |
| Jan 27, 2023 | 1.66 |
| Oct 28, 2022 | 0.14 |
| Jul 29, 2022 | 0.51 |
| Apr 29, 2022 | 0.97 |
| Jan 28, 2022 | 0.44 |
| Oct 29, 2021 | 0.50 |