Novanta (NOVTU) Debt to Equity (2010 - 2026)
Novanta (NOVTU) posted Debt to Equity of $0.18 for Q2 2026, down 3.51% quarter-over-quarter from $0.19 in Q4 2025, and down 63.67% year-on-year from $0.51 in Q2 2025.
Novanta (NOVTU) Debt to Equity (2010 - 2026) Analysis & Trends
Novanta (NOVTU) has reported Debt to Equity for 17 consecutive years, with $0.18 the latest figure, recorded in Q2 2026.
- Debt to Equity for Q2 2026 came in at $0.18, down 63.67% year-over-year; the trailing twelve-month figure through Apr 2026 was $0.18 (down 63.67% YoY), and the FY2025 annual result was $0.19, down 65.84% from the prior year.
- Debt to Equity was $0.18 for Q2 2026 at Novanta, down from $0.19 in the prior quarter.
- Over five years, Debt to Equity peaked at $0.82 in Q3 2022 and troughed at $0.18 in Q2 2026.
- Average Debt to Equity over 5 years is $0.6, with a median of $0.62 recorded in 2024.
- Year-over-year, Debt to Equity jumped 96.37% in 2022 and slumped 65.84% in 2025.
- Over 5 years, Debt to Equity stood at $0.75 in 2022, then sank by 30.21% to $0.53 in 2023, then advanced by 6.18% to $0.56 in 2024, then plunged by 65.84% to $0.19 in 2025, then declined by 3.51% to $0.18 in 2026.
- Per Business Quant data, the three most recent Debt to Equity figures were $0.18 in Q2 2026, $0.19 in Q4 2025, and $0.56 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 0.30 |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 0.18 |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 0.41 |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 0.23 |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 0.57 |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 0.25 |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | - |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 0.99 |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | - |
| 10 | Novanta | - | - | 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 |