Natera (NTRA) Debt Ratio (2014 - 2026)
Natera's (NTRA) quarterly Debt Ratio came in at 0.06 in Q2 2026, down 33.92% on a YoY basis from 0.09 in Q2 2025, and down 1.64% quarter-over-quarter from 0.06 in Q1 2026.
Analysis
Natera (NTRA) Debt Ratio (2014 - 2026) Analysis & Trends
Natera (NTRA) has reported Debt Ratio for 13 consecutive years, with 0.06 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio fell 33.92% year-over-year to 0.06; the trailing twelve-month figure through Jun 2026 stood at 0.06 (down 33.92% YoY), and the FY2025 full-year result was 0.07, down 30.79% from the prior year.
- Debt Ratio fell to 0.06 in Q2 2026 per NTRA's latest filing, from 0.06 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.38 in Q3 2022 and bottomed at 0.06 in Q2 2026.
- Historically, Debt Ratio has averaged 0.23 across 5 years, with a median of 0.3 in 2024.
- The sharpest annual moves came in 2022 and 2025: Debt Ratio surged 30.45% in 2022, then tumbled 69.33% in 2025.
- Over 5 years, Debt Ratio stood at 0.32 in 2022, then declined by 2.97% to 0.31 in 2023, then plunged by 68.56% to 0.1 in 2024, then slumped by 30.79% to 0.07 in 2025, then retreated by 9.79% to 0.06 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.06, 0.06, and 0.07 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | 0.06 |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 0.33 |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 0.32 |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | - |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | - |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | 0.32 |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 0.65 |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | 0.12 |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | - |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.06 |
| Mar 31, 2026 | 0.06 |
| Dec 31, 2025 | 0.07 |
| Sep 30, 2025 | 0.09 |
| Jun 30, 2025 | 0.09 |
| Mar 31, 2025 | 0.09 |
| Dec 31, 2024 | 0.10 |
| Sep 30, 2024 | 0.28 |
| Jun 30, 2024 | 0.29 |
| Mar 31, 2024 | 0.30 |
| Dec 31, 2023 | 0.31 |
| Sep 30, 2023 | 0.31 |
| Jun 30, 2023 | 0.36 |
| Mar 31, 2023 | 0.34 |
| Dec 31, 2022 | 0.32 |
| Sep 30, 2022 | 0.38 |
| Jun 30, 2022 | 0.36 |
| Mar 31, 2022 | 0.33 |
| Dec 31, 2021 | 0.31 |
| Sep 30, 2021 | 0.29 |