Novanta NOVT
NASDAQ NOVT
$143.85 -1.91 (-1.31%)
As of: Sep 10, 2026 · 3:59 PM EDT

Novanta (NOVT) Debt Ratio (2010 - 2026)

Novanta's (NOVT) quarterly Debt Ratio came in at 0.11 in Q3 2026, down 64.68% on a YoY basis from 0.3 in Q3 2025, and down 20.01% quarter-over-quarter from 0.13 in Q2 2026.

Analysis

Novanta (NOVT) Debt Ratio (2010 - 2026) Analysis & Trends

Novanta (NOVT) has reported Debt Ratio for 17 consecutive years, with 0.11 the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Debt Ratio fell 64.68% year-over-year to 0.11; the trailing twelve-month figure through Jul 2026 stood at 0.11 (down 64.68% YoY), and the FY2025 full-year result was 0.14, down 53.74% from the prior year.
  • Debt Ratio retreated to 0.11 in Q3 2026 per NOVT's latest filing, from 0.13 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.37 in Q3 2022 and bottomed at 0.11 in Q3 2026.
  • Historically, Debt Ratio has averaged 0.29 across 5 years, with a median of 0.31 in 2024.
  • The sharpest annual moves came in 2022 and 2026: Debt Ratio surged 54.31% in 2022, then plunged 64.68% in 2026.
  • Over 5 years, Debt Ratio stood at 0.35 in 2022, then declined by 17.62% to 0.29 in 2023, then grew by 3.82% to 0.3 in 2024, then slumped by 53.74% to 0.14 in 2025, then declined by 22.67% to 0.11 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.11, 0.13, and 0.14 for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 3M 84.63 Bn 81.30 Bn 2.68 Bn 0.36
2 Illinois Tool Works 75.96 Bn 75.12 Bn 1.90 Bn 0.59
3 Ametek 53.68 Bn 53.19 Bn 735.04 Mn 0.12
4 Rockwell Automation 46.83 Bn 46.35 Bn 1.14 Bn 0.36
5 Mettler Toledo International 25.77 Bn 25.72 Bn 650.22 Mn 0.58
6 Dover 25.23 Bn 23.47 Bn 880.61 Mn 0.34
7 Nordson 17.11 Bn 17.00 Bn 453.73 Mn 0.32
8 Fortive 16.56 Bn 16.19 Bn 695.30 Mn 0.30
9 RBC Bearings 15.05 Bn 14.92 Bn 247.80 Mn 0.16
10 Novanta 5.90 Bn 5.18 Bn 120.92 Mn 0.11
Historic Data

Historic Data

Download Data
DateValue
Jul 3, 2026 0.11
Apr 3, 2026 0.13
Dec 31, 2025 0.14
Sep 26, 2025 0.30
Jun 27, 2025 0.30
Mar 28, 2025 0.28
Dec 31, 2024 0.30
Sep 27, 2024 0.32
Jun 28, 2024 0.34
Mar 29, 2024 0.36
Dec 31, 2023 0.29
Sep 29, 2023 0.30
Jun 30, 2023 0.33
Mar 31, 2023 0.35
Dec 31, 2022 0.35
Sep 30, 2022 0.37
Jul 1, 2022 0.34
Apr 1, 2022 0.35
Dec 31, 2021 0.35
Oct 1, 2021 0.37