Skip to content

Natera, Inc. NTRA Debt-to-equity

Debt-to-equity at other companies

Labcorp Holdings logo
Labcorp HoldingsLH
0.8×0.0×
Quest Diagnostics logo
Quest DiagnosticsDGX
0.9×-0.1×
Illumina logo
IlluminaILMN
0.8×-0.1×
Guardant Health logo
Guardant HealthGH
Agilent Technologies logo
Agilent TechnologiesA
0.5×-0.1×
Incyte logo
IncyteINCY
0.0×

Other financials

Income statement

See full
Revenue$696.6M+38.8%
Operating income-$93.5M-18.1%
Net income-$85.1M-27.1%
EPS (diluted)-$0.60-20.0%

Balance sheet

See full
Cash & equivalents$1.1B+11.7%
Total debt$240.1M+22.7%
Total equity$1.8B+43.1%
Total assets$2.6B+50.9%

Cash flow

See full
Operating cash flow$40.2M-9.6%
CapEx$22.1M+1.5%
Free cash flow$18.0M-20.3%

Valuation

See full
Market cap$32.43B+48.3%
Enterprise value$31.58B+49.9%
P/S13×+1.0×

Profitability

See full
Gross margin42.9%
Operating margin-13%+0.6pp
Net margin-14.6%+0.6pp

Returns & leverage

See full
Return on equity-29%+4.1pp
Current ratio-0.9×

Where this comes from

Calculated from Natera, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Natera, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

Ask your AI about Natera, Inc.'s debt-to-equity.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Natera, Inc.'s debt-to-equity?
Natera, Inc. (NTRA) reported debt-to-equity of 0.1× in Q1 2026.
How has Natera, Inc.'s debt-to-equity changed year-over-year?
Natera, Inc.'s debt-to-equity decreased by 14.3% year-over-year, from 0.2× to 0.1×.
What is the long-term trend for Natera, Inc.'s debt-to-equity?
Over 4 years (2021 to 2025), Natera, Inc.'s debt-to-equity has grown at a -35.4% compound annual growth rate (CAGR), from 3.4× to 0.6×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.