NOVTNasdaqMiscellaneous Electrical Machinery, Equipment & SuppliesFiscal year ends December 31Also trades as NOVTU
NOVANTA INC
Financials through Q2 FY2026, quarter ended Jul 3, 2026Last filing: 10-Q on Aug 5, 2026
$131.52+2.73 (+2.12%)
Close on Oct 19, 2026
- Market cap
- $5.41B
- P/E (TTM)
- 84.3
- Dividend yield
- –
Novanta statistics
Financials through Jul 3, 2026, price as of Oct 19, 2026, median of Miscellaneous Electrical Machinery, Equipment & Supplies companies for comparison
Valuation
| Measure | Novanta | Industry median |
|---|---|---|
| Market Cap | $4.97B | $523.93M |
| Enterprise Value | $4.48B | $573.55M |
| PE Ratio | 84.31 | 34.65 |
| PS Ratio | 4.83 | 3.01 |
| PB Ratio | 3.08 | 3.21 |
| P/TBV Ratio | 6.11 | 4.00 |
| P/FCF Ratio | 43.52 | 30.22 |
| P/OCF Ratio | 37.16 | 24.99 |
Enterprise value
| Measure | Novanta | Industry median |
|---|---|---|
| EV / Sales | 4.36 | 2.69 |
| EV / EBITDA | 29.15 | 22.82 |
| EV / EBIT | 48.60 | 28.25 |
| EV / FCF | 39.24 | 31.45 |
Income (trailing twelve months)
| Measure | Novanta | Industry median |
|---|---|---|
| Revenue | $1.03B | $331.63M |
| Gross Profit | $458.68M | $96.76M |
| Operating Income | $92.28M | -$960.68K |
| Pretax Income | $79.69M | $931.00K |
| Net Income | $61.76M | -$2.96M |
| EBITDA | $153.88M | $1.08M |
| EPS (Diluted) | $1.56 | -$0.01 |
Margins
| Measure | Novanta | Industry median |
|---|---|---|
| Gross Margin | 44.5% | 34.5% |
| Operating Margin | 8.96% | -0.16% |
| Pretax Margin | 7.74% | 1.47% |
| Profit Margin | 6.00% | -1.86% |
| EBITDA Margin | 14.9% | 3.20% |
| FCF Margin | 11.1% | 2.36% |
Returns
| Measure | Novanta | Industry median |
|---|---|---|
| Return on Equity (ROE) | 5.11% | 0.52% |
| Return on Assets (ROA) | 3.38% | -2.40% |
| Return on Invested Capital (ROIC) | 6.28% | 1.48% |
| Return on Capital Employed (ROCE) | 4.87% | -0.10% |
Growth
| Measure | Novanta | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 7.61% | 12.2% |
| Net Income Growth (YoY) | 0.66% | 14.2% |
| EPS Growth (YoY) | -8.24% | 18.6% |
| FCF Growth (YoY) | -3.04% | 15.9% |
| Revenue Growth (3Y CAGR) | 4.43% | 1.62% |
| Revenue Growth (5Y CAGR) | 10.7% | 6.96% |
| EPS Growth (3Y CAGR) | -10.6% | -1.01% |
| EPS Growth (5Y CAGR) | 3.30% | 9.97% |
Balance sheet
| Measure | Novanta | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $718.65M | $93.20M |
| Total Debt | $229.66M | $171.25M |
| Net Cash (Debt) | $488.99M | $9.36M |
| Net Cash Per Share | $12.93 | $0.28 |
| Equity (Book Value) | $1.62B | $197.10M |
| Book Value Per Share | $42.74 | $5.09 |
| Tangible Book Value | $814.26M | $69.20M |
| Working Capital | $877.66M | $157.77M |
Financial position
| Measure | Novanta | Industry median |
|---|---|---|
| Current Ratio | 4.57 | 2.36 |
| Quick Ratio | 3.65 | 1.30 |
| Debt / Equity | 0.14 | 0.33 |
| Debt / EBITDA | 1.49 | 2.33 |
| Debt / FCF | 2.01 | 2.61 |
| Net Debt / EBITDA | -3.18 | 0.66 |
Cash flow (trailing twelve months)
| Measure | Novanta | Industry median |
|---|---|---|
| Operating Cash Flow | $133.84M | $3.66M |
| Capital Expenditures | -$19.56M | -$16.82M |
| Free Cash Flow | $114.28M | $3.81M |
| FCF Per Share | $3.02 | $0.19 |
Efficiency
| Measure | Novanta | Industry median |
|---|---|---|
| Asset Turnover | 0.56 | 0.66 |
| Inventory Turnover | 3.17 | 3.10 |
| Revenue Per Employee | $343.23K | $366.22K |
| Profits Per Employee | $20.59K | -$9.66K |
| Employee Count | 3,000 | 534 |
Dividends and yields
| Measure | Novanta | Industry median |
|---|---|---|
| Earnings Yield | 1.24% | -0.98% |
| FCF Yield | 2.30% | 0.70% |
| Buyback Yield | 1.04% | 0.33% |
| Shareholder Yield | 1.04% | 0.79% |
Shares
| Measure | Novanta | Industry median |
|---|---|---|
| Shares Outstanding | 37,817,800 | 50,117,600 |
| Shares Change (YoY) | 8.61% | 2.14% |
| Shares Change (QoQ) | 6.19% | 0.50% |
| Float | 37,543,300 | 49,796,300 |
| Shares Held by Insiders | 0.73% | 5.28% |
| Shares Held by Institutions | 118.7% | 67.4% |
Taxes
| Measure | Novanta | Industry median |
|---|---|---|
| Income Tax | $17.92M | $3.54M |
| Effective Tax Rate | 22.5% | 18.1% |
Scores
| Measure | Novanta | Industry median |
|---|---|---|
| Graham Number | $38.73 | $32.06 |
| Graham Upside | -70.5% | -64.1% |
| Altman Z-Score | 7.05 | 2.87 |
| Piotroski F-Score | 5 | 5 |
| Beneish M-Score | -2.25 | -2.58 |
Calculated by StockData from Novanta's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.