NASDAQ · Hardware, Equipment & Parts

Novanta Inc. (NOVT) Stock

$140.80 +3.03% NASDAQ: NOVT Technology

Valuation

MetricValue
Price$140.80
Market Cap$5.32B
P/E Ratio93.88
P/B Ratio3.79
P/S Ratio5.16
EPS (TTM)$1.47
52-Week High$176.38
52-Week Low$98.27
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE4.90%
ROA2.89%
ROCE5.67%
Gross Margin11.93%
Operating Margin11.93%
Net Margin6.00%
Debt/Equity0.17
Current Ratio3.69

Annual Financials (USD)

Metric20212022202320242025
Revenue$707.0M$861.0M$882.0M$949.0M$981.0M
Operating Profit$64.0M$103.0M$110.0M$111.0M$117.0M
Net Profit$50.0M$74.0M$73.0M$64.0M$54.0M
EPS$1.41$2.06$2.02$1.77$1.47
Op Margin9.1%12.0%12.5%11.7%11.9%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$1.2B$1.2B$1.2B$1.4B$1.8B
Total Liabilities$707.0M$664.0M$553.0M$643.0M$493.0M
Cash$117.0M$100.0M$105.0M$114.0M$381.0M
Borrowings$493.0M$489.0M$405.0M$471.0M$342.0M

Latest News

NOVT: Lowering target price to $154.00 Argus Research · Jul 15, 2026 Novanta Inc. Announces Schedule of Second Quarter 2026 Earnings Release and Conference Call Business Wire · Jul 14, 2026 2 High-Flying Stocks Worth Investigating and 1 We Avoid StockStory · Jul 2, 2026 The Bull Case For Novanta (NOVT) Could Change Following An Earnings-Driven Analyst Upgrade - Learn Why Simply Wall St. · Jun 27, 2026 Novanta (NOVT) Upgraded to Buy: What Does It Mean for the Stock? Zacks · Jun 25, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$95.0M$91.0M$120.0M$159.0M$64.0M
Investing Cash Flow$-329.0M$-62.0M$-40.0M$-225.0M$-90.0M
Financing Cash Flow$-34.0M$-69.0M$-11.0M$-10.0M$-50.0M
Net Cash Flow$-8.0M$-17.0M$5.0M$9.0M$267.0M
Free Cash Flow$72.0M$71.0M$100.0M$141.0M$48.0M

Valuation & Return Ratios

MetricValue
PEG Ratio-14.51
EV / EBITDA34.96
FCF Yield2.15%
Quick Ratio3.79
Interest Coverage8.29
Return 1Y28.93%
Return 3Y-14.11%
Return 5Y-5.41%

Ownership

Insiders Held0.75%
Institutions Held119.95%
Institutions Float Held120.85%
Institutional HolderSharesReport Date
Blackrock Inc.4,654,8952026-03-31
Vanguard Portfolio Management LLC2,476,8812026-03-31
Price (T.Rowe) Associates Inc1,784,4242026-03-31
Allspring Global Investments Holdings, LLC1,776,6942026-03-31
Vanguard Capital Management LLC1,613,2152026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
CGNXCognex Corporation $55.55 +1.74% 56.83 $9.34B 0.57%
COHRCoherent Corp. $209.29 +0.71% 67.17 $41.22B 0.00%
FNFabrinet $314.94 -0.86% 32.11 $11.29B 0.00%
IPGPIPG Photonics Corporation $71.07 +2.39% 128.05 $3.02B 0.00%
LPTHLightPath Technologies, Inc. $7.29 +3.85% -27.28 $510.56M 0.00%

About Novanta Inc.

Novanta Inc. (NOVT) stock trades at $140.80 with a market capitalization of $5.32B. The stock is valued at a price-to-earnings (P/E) ratio of 93.88, price-to-book of 3.79, price-to-sales of 5.16. Over the past 52 weeks the stock has ranged between $98.27 and $176.38, and currently trades 20.2% below its 52-week high.

On profitability, Novanta Inc. generates a return on equity (ROE) of 4.90%, return on capital employed of 5.67%, an operating margin of 11.93%, a net profit margin of 6.00%.

Novanta Inc. by the numbers, 2016–2025

Between 2016 and 2025 Novanta Inc. reported revenue of $385.0M rising to $981.0M, a change of +154.8% across 10 years. Compounded, revenue has grown 10.7% a year over five years, 4.5% over three, 3.4% over the last twelve months. Net profit rose to $54.0M.

Operating margin went from 8.6% in 2016 to 11.9% in 2025, a gain of 3.3 percentage points. The most recent net margin is 6.00%. On a trailing twelve-month basis to Jun '26, revenue is $1.0B and net profit $53.0M.

Borrowings rose from $86.0M to $342.0M, cash from operations was $64.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged 9.2% over five years, and was 4.1% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Novanta Inc. (NOVT) — frequently asked questions

What is Novanta Inc. (NOVT) stock price today?

Novanta Inc. (NOVT) is currently trading at $140.80, up 3.03% today.

What is NOVT P/E ratio?

Novanta Inc.'s P/E ratio is 93.88. This is above the typical market average of roughly 18-22x. A high P/E often reflects higher expected earnings growth, a temporary dip in earnings, or both.

What is NOVT return on equity (ROE)?

Novanta Inc.'s return on equity (ROE) is 4.90%. ROE measures net income relative to shareholders' equity. This is below the typical market range of roughly 12-15%.

What is Novanta Inc.'s market cap?

Novanta Inc. has a market capitalization of $5.32B.

Does NOVT pay a dividend?

Novanta Inc. is not currently showing a dividend yield in our data, which means no recent cash dividend was recorded for it.

How much debt does NOVT carry?

Novanta Inc. has a debt-to-equity ratio of 0.17. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is NOVT's profit margin?

Novanta Inc. reports a net profit margin of 6.00% — the share of revenue left after every cost, including tax and interest.

What sector is NOVT in?

Novanta Inc. is classified under Technology, in the Hardware, Equipment & Parts industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is NOVT listed on?

Novanta Inc. trades on NASDAQ under the ticker NOVT.

What is NOVT's 52-week range?

Over the last year Novanta Inc. has traded between $98.27 and $176.38.

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Screens NOVT currently matches

On the figures above, Novanta Inc. passes the filters for 7 of our ready-made screens, among them Low Debt Stocks, NASDAQ Style Tech Screen, High PE Stocks. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

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