JBT Marel (JBTM) vs Novanta (NOVT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Novanta (NOVT) has outperformed JBT Marel (JBTM) over the past year, gaining 34.0% versus a loss of 27.3%. Over five years, NOVT leads with a -15.6% price change compared with -29.6% for JBTM. JBT Marel is the larger company by market cap ($5.55 billion vs $5.34 billion), about 1.0 times the size.
On valuation, JBT Marel trades at a lower forward P/E (11.6x vs 32.4x for Novanta). JBT Marel pays a dividend yielding 0.37%, while Novanta does not currently pay one. Novanta converts more of its revenue into profit, with a net margin of 5.5% versus -1.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | JBTM | NOVT |
|---|---|---|
| Share price | $107.08 | $141.28 |
| Market cap | $5.55B | $5.34B |
| 1-day change | +1.63% | +3.63% |
| YTD return | -30.07% | +18.73% |
| 1-year return | -27.34% | +34.02% |
| 5-year return | -29.55% | -15.59% |
| P/E ratio (TTM) | 29.02 | 86.15 |
| Forward P/E | 11.60 | 32.35 |
| EPS (TTM) | $3.69 | $1.64 |
| Dividend yield | 0.37% | 0.00% |
| Annual dividend | $0.40 | $0.00 |
| Revenue (latest FY) | $3.80B | $980.60M |
| Revenue growth (YoY) | +121.34% | +3.30% |
| Net income (latest FY) | $-50.50M | $53.83M |
| Gross margin | 35.14% | 44.39% |
| Operating margin | 4.99% | 9.59% |
| Net margin | -1.33% | 5.49% |
| 52-week high | $170.19 | $176.38 |
| 52-week low | $103.26 | $98.27 |
| Distance from 52-week high | -37.08% | -19.90% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +56.01% | +37.67% |
| Average volume | 573.09K | 389.07K |
| Shares outstanding | 51.88M | 37.82M |
| Employees | 11,500 | 3,000 |
| Sector | Industrials | Miscellaneous |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NOVT has outperformed JBTM by 61.4 percentage points over the past year.
- Novanta trades at a higher earnings multiple (86.1x vs 29.0x trailing P/E).
- Novanta is more profitable, keeping 5.5 cents of every revenue dollar as net income versus -1.3 cents for JBT Marel.
- JBT Marel grew revenue faster in its latest fiscal year (+121.34% vs +3.30%).
- The two companies sit in different sectors: JBT Marel in Industrials and Novanta in Miscellaneous.
About JBT Marel
JBTM stock →JBT Marel Corporation provides technology solutions to food and beverage industry in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through Protein Solutions and Prepared Food and Beverage Solutions.
Industrials · Industrial Machinery/Components · 11,500 employees
About Novanta
NOVT stock →Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. The company operates Automation Enabling Technologies and Medical Solutions segments.
Miscellaneous · Industrial Machinery/Components · 3,000 employees
JBTM vs NOVT FAQ
Which is bigger, JBT Marel or Novanta?
JBT Marel (JBTM) is larger, with a market capitalization of $5.55B compared with $5.34B for Novanta (NOVT).
Which stock has performed better over the past year, JBTM or NOVT?
NOVT returned +34.02% over the past 12 months, compared with -27.34% for JBTM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, JBTM or NOVT?
JBTM has the lower trailing P/E at 29.0, versus 86.1 for NOVT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, JBT Marel or Novanta?
JBT Marel pays a dividend yielding 0.37%, while Novanta does not currently pay a regular dividend.
Are JBT Marel and Novanta in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.