Novanta (NOVT) Non-Current Debt (2010 - 2026)
Novanta (NOVT) reported Non-Current Debt of $188.16 million for Q2 2026, down 58.6% from $454.04 million a year earlier and down 6.4% from the prior quarter.
Novanta (NOVT) Non-Current Debt (2010 - 2026) Analysis & Trends
At the end of FY2025, Novanta posted Non-Current Debt of $212.54 million, down 48.4% from FY2024.
- Non-Current Debt has a five-year compound annual growth rate of 1.7% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $411.95 million in FY2024 (+17.9%), $349.4 million in FY2023 (-18.9%), $430.66 million in FY2022 (+0.3%) and $429.36 million in FY2021 (+120.3%).
- The Q2 2026 figure ranks as the lowest quarterly Non-Current Debt since Q2 2021.
- Year over year, Non-Current Debt has now declined in each of the last six quarters, with an average decline of 17.2% over the last eight quarters.
- The high point for year-over-year Non-Current Debt in five years was Q3 2021 (growth of 134.9%); the low point was Q2 2026 (a decline of 58.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $201.01 million (Q1 2026), $212.54 million (Q4 2025) and $445.66 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | 32.04 Bn |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | 17.18 Bn |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 6.10 Bn |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | 18.51 Bn |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | 6.77 Bn |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | 7.53 Bn |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | 12.56 Bn |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | 2.94 Bn |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | 6.55 Bn |
| 10 | Novanta | 5.72 Bn | 4.14 Bn | 120.92 Mn | 188.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 188.16 Mn |
| Apr 3, 2026 | 201.01 Mn |
| Dec 31, 2025 | 212.54 Mn |
| Sep 26, 2025 | 445.66 Mn |
| Jun 27, 2025 | 454.04 Mn |
| Mar 28, 2025 | 385.28 Mn |
| Dec 31, 2024 | 411.95 Mn |
| Sep 27, 2024 | 452.50 Mn |
| Jun 28, 2024 | 477.11 Mn |
| Mar 29, 2024 | 508.86 Mn |
| Dec 31, 2023 | 349.40 Mn |
| Sep 29, 2023 | 347.88 Mn |
| Jun 30, 2023 | 403.59 Mn |
| Mar 31, 2023 | 418.54 Mn |
| Dec 31, 2022 | 430.66 Mn |
| Sep 30, 2022 | 438.45 Mn |
| Jul 1, 2022 | 402.68 Mn |
| Apr 1, 2022 | 412.52 Mn |
| Dec 31, 2021 | 429.36 Mn |
| Oct 1, 2021 | 441.83 Mn |
Novanta Non-Current Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=NOVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "NOVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();