Novanta Financial Ratios
NASDAQ: NOVTMiscellaneousIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Novanta ratio analysis
Novanta earned a net margin of 5.5% in FY 2025, down from 6.8% a year earlier. Gross margin was 44.4% compared with a median of 42.5% over the prior 9 years. Return on equity reached 4.1%, meaning Novanta generated 0.04 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.19 versus 0.56 the year before, and the current ratio was 3.69. At the end of FY 2025, NOVT traded at 75.6 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 33.3 to 125.1, with a median of 77.2. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Novanta financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 75.61 | 85.88 | 83.37 | 65.96 | 125.06 | 94.58 | 78.73 | 43.34 | 44.25 | 33.33 |
| Price / sales | 4.15 | 5.76 | 6.85 | 5.63 | 8.83 | 7.03 | 5.07 | 3.52 | 3.34 | 1.89 |
| Price / book | 3.09 | 7.33 | 8.96 | 8.39 | 11.97 | 8.71 | 7.60 | 5.88 | 5.59 | 2.81 |
| Gross margin | 44.4% | 44.4% | 45.4% | 44.0% | 42.5% | 41.4% | 41.9% | 42.6% | 42.3% | 42.2% |
| Operating margin | 9.6% | 11.6% | 12.5% | 12.0% | 9.1% | 9.5% | 8.8% | 11.6% | 11.0% | 8.6% |
| Net margin | 5.5% | 6.8% | 8.3% | 8.6% | 7.1% | 7.5% | 6.5% | 8.0% | 11.5% | 5.7% |
| Free cash flow margin | 4.9% | 14.9% | 11.4% | 8.3% | 10.6% | 22.0% | 8.4% | 12.2% | 10.4% | 10.2% |
| Return on equity (ROE) | 4.1% | 8.6% | 10.8% | 12.8% | 9.7% | 9.3% | 9.8% | 13.3% | 19.3% | 8.5% |
| Return on assets (ROA) | 3.0% | 4.6% | 5.9% | 6.0% | 4.1% | 5.1% | 4.7% | 6.8% | 8.3% | 5.2% |
| Debt / equity | 0.19 | 0.56 | 0.53 | 0.75 | 0.83 | 0.42 | 0.53 | 0.56 | 0.75 | 0.30 |
| Current ratio | 3.69 | 2.58 | 2.98 | 2.56 | 2.03 | 2.66 | 2.26 | 2.70 | 2.93 | 2.83 |
| Revenue growth | 3.3% | 7.7% | 2.4% | 21.8% | 19.7% | -5.7% | 1.9% | 17.8% | 35.5% | 3.0% |
| EPS growth | -16.9% | -12.4% | -1.9% | 46.1% | 12.8% | 8.7% | -19.6% | 26.5% | 79.4% | -38.2% |