Natera Debt-to-Equity Ratio Growth & History (NTRA)
Natera's debt-to-equity ratio was 0.13 for fiscal 2025.
View full Natera company overviewNatera annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.13 | −0.03 | −20.02% |
| 2024 | 2024-12-31 | 0.16 | −0.42 | −72.90% |
| 2023 | 2023-12-31 | 0.58 | −0.05 | −8.66% |
| 2022 | 2022-12-31 | 0.63 | 0.02 | +3.98% |
| 2021 | 2021-12-31 | 0.61 | 0.45 | +276.15% |
| 2020 | 2020-12-31 | 0.16 | −0.13 | −45.16% |
| 2019 | 2019-12-31 | 0.29 | −1.26 | −81.10% |
| 2018 | 2018-12-31 | 1.56 | −0.41 | −20.91% |
| 2017 | 2017-12-31 | 1.97 | 1.63 | +470.44% |
| 2016 | 2016-12-31 | 0.35 | 0.16 | +85.93% |
| 2015 | 2015-12-31 | 0.19 | — | — |
Natera quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.13 | −0.03 | −16.81% |
| Q1 2026 | 2026-03-31 | 0.14 | −0.02 | −14.23% |
| Q4 2025 | 2025-12-31 | 0.13 | −0.03 | −20.02% |
| Q3 2025 | 2025-09-30 | 0.16 | −0.06 | −26.30% |
| Q2 2025 | 2025-06-30 | 0.16 | −0.03 | −14.51% |
| Q1 2025 | 2025-03-31 | 0.16 | −0.04 | −19.95% |
| Q4 2024 | 2024-12-31 | 0.16 | −0.42 | −72.90% |
| Q3 2024 | 2024-09-30 | 0.22 | 0.01 | +5.77% |
| Q2 2024 | 2024-06-30 | 0.18 | −0.09 | −32.23% |
| Q1 2024 | 2024-03-31 | 0.20 | −0.05 | −21.60% |
| Q4 2023 | 2023-12-31 | 0.58 | −0.05 | −8.66% |
| Q3 2023 | 2023-09-30 | 0.20 | −0.17 | −45.36% |
| Q2 2023 | 2023-06-30 | 0.27 | −0.00 | −0.30% |
| Q1 2023 | 2023-03-31 | 0.25 | 0.03 | +11.06% |
| Q4 2022 | 2022-12-31 | 0.63 | 0.02 | +3.98% |
| Q3 2022 | 2022-09-30 | 0.37 | 0.23 | +168.45% |
| Q2 2022 | 2022-06-30 | 0.27 | −0.08 | −23.04% |
| Q1 2022 | 2022-03-31 | 0.23 | −0.06 | −21.14% |
| Q4 2021 | 2021-12-31 | 0.61 | 0.45 | +276.15% |
| Q3 2021 | 2021-09-30 | 0.14 | −0.01 | −4.46% |
| Q2 2021 | 2021-06-30 | 0.35 | 0.09 | +35.80% |
| Q1 2021 | 2021-03-31 | 0.29 | −0.02 | −7.97% |
| Q4 2020 | 2020-12-31 | 0.16 | −0.13 | −45.16% |
| Q3 2020 | 2020-09-30 | 0.15 | −0.84 | −85.26% |
| Q2 2020 | 2020-06-30 | 0.26 | −0.65 | −71.37% |
| Q1 2020 | 2020-03-31 | 0.31 | −16.93 | −98.19% |
| Q4 2019 | 2019-12-31 | 0.29 | −1.26 | −81.10% |
| Q3 2019 | 2019-09-30 | 0.99 | 0.10 | +11.24% |
| Q2 2019 | 2019-06-30 | 0.91 | — | — |
| Q1 2019 | 2019-03-31 | 17.24 | — | — |
| Q4 2018 | 2018-12-31 | 1.56 | −0.41 | −20.91% |
| Q3 2018 | 2018-09-30 | 0.89 | −0.77 | −46.60% |
| Q4 2017 | 2017-12-31 | 1.97 | 1.63 | +470.44% |
| Q3 2017 | 2017-09-30 | 1.66 | 1.31 | +370.73% |
| Q2 2017 | 2017-06-30 | 0.98 | 0.68 | +226.32% |
| Q1 2017 | 2017-03-31 | 0.68 | 0.44 | +190.89% |
| Q4 2016 | 2016-12-31 | 0.35 | 0.16 | +85.93% |
| Q3 2016 | 2016-09-30 | 0.35 | — | — |
| Q2 2016 | 2016-06-30 | 0.30 | — | — |
| Q1 2016 | 2016-03-31 | 0.23 | — | — |
| Q4 2015 | 2015-12-31 | 0.19 | — | — |
Natera debt-to-equity ratio trends
Over the last five fiscal years, Natera's debt-to-equity ratio decreased from 0.16 to 0.13, a change of −0.04. The latest reported quarter, Q2 2026, shows 0.13.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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