Novanta (NOVT) Debt to Equity (2010 - 2026)
Novanta (NOVT) reported Debt to Equity of $0.18 for Q2 2026, down 63.67% on a YoY basis from $0.51 in Q2 2025, and down 3.51% quarter-over-quarter from $0.19 in Q4 2025.
Novanta (NOVT) Debt to Equity (2010 - 2026) Analysis & Trends
Novanta has reported Debt to Equity for 17 years, with the latest figure at $0.18 in Q2 2026.
- For the quarter ending Q2 2026, Debt to Equity fell 63.67% year-over-year to $0.18; the trailing twelve-month figure through Apr 2026 stood at $0.18 (down 63.67% YoY), and the FY2025 full-year result was $0.19, down 65.84% from the prior year.
- Debt to Equity for Q2 2026 stood at $0.18, down from $0.19 in the prior quarter.
- The five-year high for Debt to Equity was $0.82 in Q3 2022, with the low at $0.18 in Q2 2026.
- Historically, Debt to Equity has averaged $0.6 across 5 years, with a median of $0.62 in 2024.
- Annual changes were most pronounced in 2022 — Debt to Equity surged 96.37% — and 2025, when it plunged 65.84%.
- Novanta's Debt to Equity stood at $0.75 in 2022, then slumped by 30.21% to $0.53 in 2023, then increased by 6.18% to $0.56 in 2024, then sank by 65.84% to $0.19 in 2025, then decreased by 3.51% to $0.18 in 2026.
- The last three Debt to Equity figures came in at $0.18 (Q2 2026), $0.19 (Q4 2025), and $0.56 (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 0.30 |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 0.41 |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | - |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 0.23 |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 0.50 |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 0.57 |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 0.25 |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | - |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 0.09 |
| 10 | Novanta | 6.47 Bn | 6.08 Bn | 113.58 Mn | 0.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 0.18 |
| Dec 31, 2025 | 0.19 |
| Sep 26, 2025 | 0.56 |
| Jun 27, 2025 | 0.57 |
| Mar 28, 2025 | 0.51 |
| Dec 31, 2024 | 0.56 |
| Sep 27, 2024 | 0.62 |
| Jun 28, 2024 | 0.69 |
| Mar 29, 2024 | 0.75 |
| Dec 31, 2023 | 0.53 |
| Sep 29, 2023 | 0.55 |
| Jun 30, 2023 | 0.65 |
| Mar 31, 2023 | 0.71 |
| Dec 31, 2022 | 0.75 |
| Sep 30, 2022 | 0.82 |
| Jul 1, 2022 | 0.77 |
| Apr 1, 2022 | 0.78 |
| Dec 31, 2021 | 0.83 |
| Oct 1, 2021 | 0.89 |
| Jul 2, 2021 | 0.39 |