NovoCure (NVCR) Debt to Equity (2015 - 2026)

NovoCure's (NVCR) quarterly Debt to Equity came in at $0.59 in Q1 2026, up 119.52% year-on-year from $0.27 in Q1 2025, and up 3.17% quarter-over-quarter from $0.57 in Q4 2025.

NovoCure (NVCR) Debt to Equity (2015 - 2026) Analysis & Trends

NovoCure has disclosed Debt to Equity across 12 years of filings, most recently posting $0.59 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.59, up 119.52% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.59 (up 119.52% YoY), and the FY2025 annual result was $0.57, up 112.07% from the prior year.
  • Debt to Equity came in at $0.59 for Q1 2026 at NovoCure, up from $0.57 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.59 in Q1 2024 to a low of $0.27 in Q2 2024.
  • The 5-year median for Debt to Equity is $0.93 (2022), against an average of $0.87.
  • Across the five-year window, Debt to Equity tumbled 83.02% in 2025 and soared 119.52% in 2026, its largest moves.
  • NovoCure's Debt to Equity stood at $1.28 in 2022, then climbed by 12.55% to $1.44 in 2023, then tumbled by 81.27% to $0.27 in 2024, then soared by 112.07% to $0.57 in 2025, then grew by 3.17% to $0.59 in 2026.
  • The last three Debt to Equity figures came in at $0.59 (Q1 2026), $0.57 (Q4 2025), and $0.57 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 0.65
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 0.64
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 0.57
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 0.42
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 0.06
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 0.71
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn -
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 0.95
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 0.27
10 NovoCure 1.63 Bn 1.20 Bn 135.13 Mn 0.59

Historic Data

Download Data
DateValue
Mar 31, 2026 0.59
Dec 31, 2025 0.57
Sep 30, 2025 0.57
Jun 30, 2025 0.28
Mar 31, 2025 0.27
Dec 31, 2024 0.27
Sep 30, 2024 0.27
Jun 30, 2024 0.27
Mar 31, 2024 1.59
Sep 30, 2023 1.44
Jun 30, 2023 1.36
Mar 31, 2023 1.31
Dec 31, 2022 1.28
Sep 30, 2022 1.27
Jun 30, 2022 1.28
Mar 31, 2022 1.29
Dec 31, 2021 1.37
Sep 30, 2021 1.36
Jun 30, 2021 1.41
Mar 31, 2021 1.50