NetApp, Inc.

NetApp, Inc.verified

NTAP

Price:

$161.61

Market Cap:

$31.66B

NetApp, Inc. is a technology company focused on providing cloud-centric and data-driven services that enable businesses worldwide to efficiently manage and share their information across on-premises infrastructure, private cloud setups, and public cloud platforms. The company's operations are divided into two key segments: Hybrid Cloud and Public Cloud. NetApp offers an extensive suite of intelligent data management software, including its foundational NetApp ONTAP, NetApp Snapshot for data protection, NetApp SnapCenter for backup management, NetApp SnapMirror for data replication, NetApp SnapLock for data compliance, NetApp ElementOS software, and NetApp SANtricity software. Its storage inf...[Read more]

Industry

Computer Hardware

IPO Date

1995-11-21

Stock Exchange

NASDAQ

Ticker

NTAP

The Current Ratio as of June 2026 (TTM) for NetApp, Inc. (NTAP) is 1.44

According to NetApp, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.44. This represents a change of 5.17% compared to the average of 1.37 of the last 4 quarters.

NetApp, Inc. (NTAP) Historical Current Ratio (quarterly & annually)

How has NTAP Current Ratio performed in the past?

The mean historical Current Ratio of NetApp, Inc. over the last ten years is 1.45. The current 1.44 Current Ratio has changed 9.78% with respect to the historical average. Over the past ten years (40 quarters), NTAP's Current Ratio was at its highest in in the July 2016 quarter at 2.07. The Current Ratio was at its lowest in in the October 2024 quarter at 0.91.

Quarterly (TTM)
Annual

Average

1.45

Median

1.44

Minimum

1.18

Maximum

1.89

NetApp, Inc. (NTAP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of NetApp, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 47.08%

Maximum Annual Current Ratio = 1.89

Minimum Annual Increase = -23.34%

Minimum Annual Current Ratio = 1.18

Quarterly (TTM)
Annual
YearCurrent RatioChange
20261.4414.46%
20251.265.23%
20241.19-11.65%
20231.35-10.24%
20221.50-13.49%
20211.7447.08%
20201.18-18.53%
20191.45-23.34%
20181.8923.32%
20171.53-12.85%

NetApp, Inc. (NTAP) Average Current Ratio

How has NTAP Current Ratio performed in the past?

The current Current Ratio of NetApp, Inc. (NTAP) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.29

5-year avg

1.35

10-year avg

1.45

NetApp, Inc. (NTAP) Current Ratio vs. Peers

How is NTAP’s Current Ratio compared to its peers?

NetApp, Inc.’s Current Ratio is less than Rigetti Computing, Inc. (6.98), greater than HP Inc. (0.79), less than Logitech International S.A. (2.22), greater than Flex Ltd. (1.36), greater than Leidos Holdings, Inc. (1.40), greater than VeriSign, Inc. (0.46), greater than Jabil Inc. (1.01), less than Check Point Software Technologies Ltd. (1.85), less than Teledyne Technologies Incorporated (1.76), greater than PTC Inc. (1.06),

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Frequently asked questions❓

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