NOVANTA INC NOVT

Latest FY: 2025 Technology Scientific & Technical Instruments
Market Price $166.58
Market Cap $5.96B
P/E Ratio 113.32
Quick Peer Compare (Technology):
Revenue (FY 2025) ↑3.3% YoY
$980.60M
3-Yr CAGR: 4.4%
Net Income ↓-16.0% YoY
$53.83M
Net Margin: 5.5%
Free Cash Flow ↓-65.7% YoY
$48.43M
FCF Yield: 0.81%
EPS (Diluted) ↓-16.9% YoY
$1.47
Basic: $1.47
Return on Equity Efficiency
4.1%
ROA: 280.6%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (NOVT)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $384.8M $162.5M $22.0M $0.63 $47.8M $39.3M
FY 2017 $521.3M +35.5% $220.5M $60.1M +172.9% $1.13 +79.4% $63.4M $54.3M +38.0%
FY 2018 $614.3M +17.8% $261.5M $49.1M -18.2% $1.43 +26.5% $89.6M $75.0M +38.1%
FY 2019 $626.1M +1.9% $262.1M $40.8M -17.0% $1.15 -19.6% $63.2M $52.5M -30.0%
FY 2020 $590.6M -5.7% $244.5M $44.5M +9.2% $1.25 +8.7% $140.2M $129.7M +147.1%
FY 2021 $706.8M +19.7% $300.3M $50.3M +13.1% $1.41 +12.8% $94.6M $74.6M -42.5%
FY 2022 $860.9M +21.8% $378.5M $74.1M +47.1% $2.06 +46.1% $90.8M $71.1M -4.7%
FY 2023 $881.7M +2.4% $399.9M $72.9M -1.6% $2.02 -1.9% $120.1M $100.1M +40.7%
FY 2024 $949.2M +7.7% $421.5M $64.1M -12.1% $1.77 -12.4% $158.5M $141.3M +41.2%
FY 2025 $980.6M +3.3% $435.3M $53.8M -16.0% $1.47 -16.9% $64.1M $48.4M -65.7%
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Valuation

Market Price $166.58
Market Cap $5.96B
Enterprise Value $5.83B
P/E Ratio 113.32
P/B Ratio 4.51
FCF Yield 0.81%
Dividend Yield N/A
Shares Outstanding 35,611,900
%

Profitability & Margins

Gross Margin 44.39%
Operating Margin 9.59%
Net Margin 5.49%
Return on Equity (ROE) 4.10%
Return on Assets (ROA) 280.59%
Asset Turnover 51.12x
Revenue 3-Yr CAGR 4.43%
🛡️

Financial Health & Liquidity

Current Ratio 0.09
Cash Ratio 1.79
Debt / Equity 0.191
Debt / Assets 13.075
Cash & Equivalents $380.87M
Total Debt $250.83M
Book Value / Share $36.91
💧

Cash Flow Efficiency

Operating Cash Flow $64.06M
Capital Expenditures (CapEx) $15.63M
Free Cash Flow $48.43M
OCF / Revenue 6.53%
FCF / Revenue 4.94%
FCF 3-Yr CAGR -12.03%
🏷️

Per Share Metrics

EPS (Diluted) $1.47
EPS (Basic) $1.47
Dividends / Share N/A
Book Value / Share $36.91
EPS YoY Growth -16.95%
🏛️

Balance Sheet (FY 2025)

Total Assets $19.18M
Total Liabilities $212.37M
Stockholders' Equity $1.31B
Current Assets $19.18M
Current Liabilities $212.37M