NetApp (NTAP) Interest Coverage Ratio: History & Chart

NetApp, Inc.(NTAP)

Computer Hardware · San Jose, CA

$189.93+1.66 (+0.88%)

Delayed quote: Sep 15, 2026, 4:00 PM EDT

About NetApp, Inc.

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 infrastructure solutions comprise the NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod integrated systems, NetApp E/EF series, NetApp StorageGRID object storage, and NetApp SolidFire solutions. For cloud environments, NetApp delivers a wide array of cloud storage and data services such as NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and NetApp Cloud Volumes Service for Google Cloud. These are augmented by services like NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense for analytics, and NetApp Cloud Volumes Edge Cache. The company also provides cloud operations services, which include NetApp Cloud Insights, the Spot Ocean Kubernetes Suite, Spot Security, Spot Eco for cost optimization, and Spot CloudCheckr. Moreover, NetApp offers application-aware data management solutions under its NetApp Astra brand. Its service portfolio is rounded out by comprehensive professional and support services, encompassing strategic consulting, managed services, and dedicated support, in addition to assessment, design, implementation, and migration services. NetApp serves a broad spectrum of industries globally, including energy, financial services, government, technology, internet, life sciences, healthcare, manufacturing, media, entertainment, animation, video post-production, and telecommunications. The company reaches its clientele through a direct sales force and a robust network of partners. NetApp, Inc. was founded in 1992 and is headquartered in San Jose, California.

San Jose, CA

11,700 employees

www.netapp.com

Technology / Computer Hardware

Sector: Technology
Industry: Computer Hardware
CEO: George Kurian

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NTAP Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

20.93x

INTEREST COVERAGE RATIO AVG TTM

17.39x

INTEREST COVERAGE RATIO AVG 3Y

18.37x

INTEREST COVERAGE RATIO AVG 5Y

17.77x

INTEREST COVERAGE RATIO AVG 10Y

17.04x

INTEREST COVERAGE RATIO AVG 15Y

15.66x

INTEREST COVERAGE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+20.39%

CURRENT VS 3Y AVG

+13.94%

CURRENT VS 5Y AVG

+17.78%

CURRENT VS 10Y AVG

+22.81%

CURRENT VS 15Y AVG

+33.68%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · TECHNOLOGY

7.78x

median of 149 covered companies

CURRENT VS SECTOR MEDIAN

+169.02%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
NetApp, Inc. (NTAP)	$37.27B	20.93x	17.39x	18.37x	17.77x
Twilio Inc. (TWLO)vs ›	$36.75B	N/A	N/A	N/A	N/A
Celestica Inc. (CLS)vs ›	$36.43B	20.35x	15.93x	10.44x	8.41x
Roblox Corporation (RBLX)vs ›	$35.89B	-30.79x	N/A	N/A	N/A
Roper Technologies, Inc. (ROP)vs ›	$38.75B	6.88x	7.29x	8.28x	7.44x
Microchip Technology Incorporated (MCHP)vs ›	$38.82B	2.21x	1.69x	7.91x	6.94x
Take-Two Interactive Software, Inc. (TTWO)vs ›	$39.62B	-0.67x	39.37x	46.38x	32.64x
Ubiquiti Inc. (UI)vs ›	$34.06B	500.82x	264.06x	136.03x	103.30x
Everpure, Inc. (P)vs ›	$32.25B	34.02x	22.47x	17.42x	17.42x
STMicroelectronics N.V. (STM)vs ›	$42.77B	5.89x	12.80x	112.73x	88.83x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

NetApp, Inc. (NTAP)

$37.27B

20.93x

17.39x

18.37x

17.77x

Twilio Inc. (TWLO)vs ›

$36.75B

N/A

Celestica Inc. (CLS)vs ›

$36.43B

20.35x

15.93x

10.44x

8.41x

Roblox Corporation (RBLX)vs ›

$35.89B

-30.79x

N/A

Roper Technologies, Inc. (ROP)vs ›

$38.75B

6.88x

7.29x

8.28x

7.44x

Microchip Technology Incorporated (MCHP)vs ›

$38.82B

2.21x

1.69x

7.91x

6.94x

Take-Two Interactive Software, Inc. (TTWO)vs ›

$39.62B

-0.67x

39.37x

46.38x

32.64x

Ubiquiti Inc. (UI)vs ›

$34.06B

500.82x

264.06x

136.03x

103.30x

Everpure, Inc. (P)vs ›

$32.25B

34.02x

22.47x

17.42x

STMicroelectronics N.V. (STM)vs ›

$42.77B

5.89x

12.80x

112.73x

88.83x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for NetApp, Inc. (NTAP)?

The interest coverage ratio for NTAP stock is 20.93x.

Is NetApp, Inc.'s interest coverage ratio high or low?

The interest coverage ratio of 20.93x is 18% above its 5-year average of 17.77x, around the middle of its 5-year range (10.66x–30.17x).

What is the TTM average interest coverage ratio for NetApp, Inc. (NTAP)?

The TTM average interest coverage ratio for NTAP stock is 17.39x.

What is the 3Y average interest coverage ratio for NetApp, Inc. (NTAP)?

The 3Y average interest coverage ratio for NTAP stock is 18.37x.

What is the 5Y average interest coverage ratio for NetApp, Inc. (NTAP)?

The 5Y average interest coverage ratio for NTAP stock is 17.77x.

What is the 10Y average interest coverage ratio for NetApp, Inc. (NTAP)?

The 10Y average interest coverage ratio for NTAP stock is 17.04x.

What is the 15Y average interest coverage ratio for NetApp, Inc. (NTAP)?

The 15Y average interest coverage ratio for NTAP stock is 15.66x.

DATE	INTEREST COVERAGE RATIO
2026-07-31	18.66x
2026-04-24	18.96x
2026-01-23	16.58x
2025-10-24	15.35x
2025-07-25	10.66x
2025-04-25	16.57x
2025-01-24	30.17x
2024-10-25	23.00x
2024-07-26	17.63x
2024-04-30	22.88x
2024-01-26	21.53x
2023-10-27	20.27x
2023-07-28	11.13x
2023-04-30	19.31x
2023-01-27	10.75x
2022-10-28	16.59x
2022-07-29	14.17x
2022-04-30	16.28x
2022-01-28	16.89x
2021-10-29	16.33x
2021-07-30	13.83x
2021-04-30	23.95x
2021-01-29	13.58x
2020-10-30	10.11x
2020-07-31	7.56x
2020-04-30	19.79x
2020-01-24	19.14x
2019-10-25	24.67x
2019-07-26	6.93x
2019-04-30	26.43x
2019-01-25	19.44x
2018-10-26	20.43x
2018-07-27	18.14x
2018-04-30	19.13x
2018-01-26	27.65x
2017-10-27	12.88x
2017-07-28	11.38x
2017-04-30	19.00x
2017-01-27	15.25x
2016-10-28	11.83x
2016-07-29	6.20x
2016-04-30	4.27x
2016-01-29	15.00x
2015-10-30	12.08x
2015-07-31	-2.36x
2015-04-30	14.69x
2015-01-23	18.24x
2014-10-24	17.66x
2014-07-25	17.77x
2014-04-30	34.97x
2014-01-24	33.84x
2013-10-25	28.75x
2013-07-26	5.87x
2013-04-30	7.30x
2013-01-25	7.83x
2012-10-26	6.83x
2012-07-27	4.03x
2012-04-30	11.07x
2012-01-27	8.28x
2011-10-28	11.73x
2011-07-29	9.08x
2011-04-30	10.81x
2011-01-28	10.45x
2010-10-29	10.61x
2010-07-30	8.83x
2010-04-30	9.22x
2010-01-29	7.09x
2009-10-30	6.44x
2009-07-31	3.69x
2009-01-23	-5.15x

DATE

INTEREST COVERAGE RATIO

2026-07-31

18.66x

2026-04-24

18.96x

2026-01-23

16.58x

2025-10-24

15.35x

2025-07-25

10.66x

2025-04-25

16.57x

2025-01-24

30.17x

2024-10-25

23.00x

2024-07-26

17.63x

2024-04-30

22.88x

2024-01-26

21.53x

2023-10-27

20.27x

2023-07-28

11.13x

2023-04-30

19.31x

2023-01-27

10.75x

2022-10-28

16.59x

2022-07-29

14.17x

2022-04-30

16.28x

2022-01-28

16.89x

2021-10-29

16.33x

2021-07-30

13.83x

2021-04-30

23.95x

2021-01-29

13.58x

2020-10-30

10.11x

2020-07-31

7.56x

2020-04-30

19.79x

2020-01-24

19.14x

2019-10-25

24.67x

2019-07-26

6.93x

2019-04-30

26.43x

2019-01-25

19.44x

2018-10-26

20.43x

2018-07-27

18.14x

2018-04-30

19.13x

2018-01-26

27.65x

2017-10-27

12.88x

2017-07-28

11.38x

2017-04-30

19.00x

2017-01-27

15.25x

2016-10-28

11.83x

2016-07-29

6.20x

2016-04-30

4.27x

2016-01-29

15.00x

2015-10-30

12.08x

2015-07-31

-2.36x

2015-04-30

14.69x

2015-01-23

18.24x

2014-10-24

17.66x

2014-07-25

17.77x

2014-04-30

34.97x

2014-01-24

33.84x

2013-10-25

28.75x

2013-07-26

5.87x

2013-04-30

7.30x

2013-01-25

7.83x

2012-10-26

6.83x

2012-07-27

4.03x

2012-04-30

11.07x

2012-01-27

8.28x

2011-10-28

11.73x

2011-07-29

9.08x

2011-04-30

10.81x

2011-01-28

10.45x

2010-10-29

10.61x

2010-07-30

8.83x

2010-04-30

9.22x

2010-01-29

7.09x

2009-10-30

6.44x

2009-07-31

3.69x

2009-01-23

-5.15x

Interest Coverage Ratio: 20.93x

NTAP Interest Coverage Ratio

NTAP Average Interest Coverage Ratio Chart

NTAP Current vs Average Interest Coverage Ratio Chart

NTAP Interest Coverage Ratio Metrics

NTAP Competitors' Interest Coverage Ratio

Financial Health Indicators

Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

NTAP Interest Coverage Ratio History

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