NOVANTA INC
NOVANTA INC
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 389 | 381 | 89 | 110 | 106 | 114 | 93 | 98 | 94 | 105 | 76 | 91 | |||||
Accounts Receivable Net Current | 174 | 185 | 171 | 161 | 164 | 151 | 165 | 145 | 151 | 139 | 143 | 145 | |||||
Inventory Net | 193 | 188 | 180 | 168 | 145 | 145 | 154 | 160 | 161 | 149 | 154 | 163 | |||||
Prepaid Expense And Other Assets Current | 22 | 19 | 19 | 15 | 13 | 16 | 13 | 12 | 15 | 13 | 13 | 12 | |||||
Assets Current | 787 | 783 | 468 | 462 | 434 | 434 | 437 | 425 | 429 | 415 | 391 | 414 | |||||
Property Plant And Equipment Net | 117 | 118 | 120 | 119 | 113 | 113 | 120 | 115 | 113 | 109 | 103 | 104 | |||||
Operating Lease Right Of Use Asset | 40 | 42 | 43 | 44 | 41 | 43 | 45 | 44 | 45 | 38 | 41 | 43 | |||||
Deferred Income Tax Assets Net | 30 | 27 | 27 | 27 | 25 | 23 | 19 | 16 | 13 | 28 | 25 | 21 | |||||
Other Assets Noncurrent | 12 | 9 | 6 | 6 | 6 | 6 | 6 | 6 | 5 | 6 | 6 | 6 | |||||
Intangible Assets Net Excluding Goodwill | 170 | 181 | 193 | 204 | 178 | 186 | 198 | 207 | 215 | 145 | 151 | 161 | |||||
Goodwill | 643 | 647 | 648 | 649 | 589 | 584 | 594 | 587 | 590 | 485 | 478 | 483 | |||||
Assets | 1,799 | 1,807 | 1,506 | 1,511 | 1,385 | 1,389 | 1,419 | 1,399 | 1,411 | 1,226 | 1,194 | 1,233 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Long Term Debt Current | 40 | 38 | 6 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
Accounts Payable Current | 96 | 95 | 100 | 89 | 83 | 77 | 69 | 71 | 71 | 57 | 64 | 65 | |||||
Accrued Income Taxes Current | 8 | 6 | 4 | 13 | 16 | 16 | 15 | 13 | 11 | 8 | 7 | 7 | |||||
Operating Lease Liability Current | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 8 | 8 | 8 | |||||
Other Accrued Liabilities Current | 67 | 63 | 67 | 65 | 56 | 60 | 57 | 55 | 55 | 61 | 54 | 52 | |||||
Liabilities Current | 221 | 212 | 187 | 182 | 170 | 168 | 157 | 153 | 151 | 139 | 138 | 136 | |||||
Long Term Debt Noncurrent | 201 | 213 | 446 | 454 | 385 | 412 | 453 | 477 | 509 | 349 | 348 | 404 | |||||
Operating Lease Liability Noncurrent | 37 | 39 | 40 | 41 | 39 | 41 | 43 | 41 | 43 | 37 | 39 | 41 | |||||
Deferred Income Tax Liabilities Net | 17 | 18 | 20 | 21 | 13 | 13 | 14 | 14 | 15 | 16 | 14 | 16 | |||||
Accrued Income Taxes Noncurrent | 5 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 5 | 5 | |||||
Other Liabilities Noncurrent | 7 | 7 | 6 | 7 | 4 | 4 | 5 | 5 | 6 | 6 | 5 | 6 | |||||
Liabilities | 488 | 493 | 704 | 710 | 616 | 643 | 677 | 697 | 729 | 553 | 549 | 607 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Common Stock Value | 424 | 424 | 424 | 424 | 424 | 424 | 424 | 424 | 424 | 424 | 424 | 424 | |||||
Additional Paid In Capital Common Stock | 556 | 572 | 76 | 85 | 78 | 84 | 80 | 74 | 68 | 70 | 63 | 57 | |||||
Retained Earnings Accumulated Deficit | 342 | 321 | 304 | 293 | 289 | 268 | 251 | 232 | 218 | 203 | 191 | 170 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -12 | -3 | -3 | -1 | -21 | -30 | -13 | -27 | -28 | -24 | -33 | -25 | |||||
Stockholders Equity | 1,311 | 1,314 | 801 | 801 | 770 | 746 | 742 | 702 | 682 | 673 | 645 | 626 | |||||
Liabilities And Stockholders Equity | 1,799 | 1,807 | 1,506 | 1,511 | 1,385 | 1,389 | 1,419 | 1,399 | 1,411 | 1,226 | 1,194 | 1,233 | |||||
Allowance For Doubtful Accounts Receivable Current | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Preferred Stock No Par Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock No Par Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Issued | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | |||||
Shares Outstanding | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.65% | 15.53% | - | - | - | - | - | - | - | - | - | - |
| 2025 | 5.21% | 10.46% | 8.09% | 0.61% | -12.68% | 11.19% | -16.34% | -9.67% | 1.49% | -20.04% | -9.50% | 7.45% |
| 2024 | 0.20% | 0.78% | 14.41% | 7.69% | 3.69% | 1.66% | 1.40% | -6.03% | -9.61% | -9.94% | -22.71% | -11.52% |
| 2023 | - | - | - | 9.98% | -6.25% | -15.29% | 23.46% | 40.63% | 31.31% | 3.36% | -10.77% | -2.66% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 3.56 | 3.69 | 2.51 | 2.54 | 2.56 | 2.58 | 2.79 | 2.77 | 2.83 | 2.98 | 2.83 | 3.05 | |||||
| Quick Ratio | 2.59 | 2.71 | 1.44 | 1.53 | 1.63 | 1.63 | 1.72 | 1.65 | 1.67 | 1.81 | 1.62 | 1.76 | |||||
| Working Capital | 566.01M | 570.23M | 281.56M | 280.16M | 264.55M | 265.86M | 280.33M | 271.32M | 277.41M | 276.12M | 252.93M | 278.37M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.37 | 0.37 | 0.88 | 0.89 | 0.80 | 0.86 | 0.91 | 0.99 | 1.07 | 0.82 | 0.85 | 0.97 | |||||
| Interest Coverage TTM | 5.04 | 4.38 | 3.94 | 4.03 | 4.07 | 3.51 | 3.46 | 3.54 | 3.96 | 4.28 | 4.52 | 4.98 | |||||
| Debt Ratio | 0.27 | 0.27 | 0.47 | 0.47 | 0.44 | 0.46 | 0.48 | 0.50 | 0.52 | 0.45 | 0.46 | 0.49 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.63 | 0.61 | 0.66 | 0.66 | 0.68 | 0.73 | 0.71 | 0.68 | 0.68 | 0.71 | 0.74 | 0.73 | |||||
| Days Sales Outstanding TTM | 61.41 | 62.52 | 63.68 | 58.40 | 60.43 | 55.84 | 60.83 | 58.79 | 59.72 | 57.36 | 59.10 | 56.32 | |||||
| Receivables Turnover TTM | 5.94 | 5.84 | 5.73 | 6.25 | 6.04 | 6.54 | 6.00 | 6.21 | 6.11 | 6.36 | 6.18 | 6.48 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 1.31 | 1.47 | 1.47 | 1.70 | 1.95 | 1.77 | 1.66 | 1.72 | 1.92 | 2.02 | 2.10 | 2.13 | |||||
| Free Cash Flow Per Share TTM | 1.69 | 1.32 | 2.85 | 3.27 | 3.95 | 3.93 | 3.19 | 3.71 | 3.34 | 2.79 | 2.89 | 2.16 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 44.23% | 44.39% | 44.80% | 44.79% | 44.71% | 44.41% | 44.42% | 44.70% | 45.07% | 45.36% | 44.78% | 44.35% | |||||
| Operating Profit Margin TTM | 8.87% | 9.59% | 9.98% | 11.14% | 12.34% | 11.65% | 11.44% | 11.48% | 12.29% | 12.53% | 13.02% | 12.81% | |||||
| Net Profit Margin TTM | 5.35% | 5.49% | 5.50% | 6.41% | 7.42% | 6.75% | 6.52% | 6.91% | 7.76% | 8.27% | 8.51% | 8.64% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 5.59% | 3.30% | 4.07% | 6.34% | 6.52% | 7.67% | 3.86% | 1.12% | 2.01% | 2.41% | 5.58% | 11.76% | |||||
| Net Income Growth (1Y) | -23.93% | -16.01% | -12.16% | -1.29% | 1.92% | -12.06% | -20.49% | -19.16% | -5.72% | -1.58% | 4.25% | 20.80% | |||||
| EPS Growth (1Y) | -32.21% | -17.47% | -12.18% | -1.50% | 1.61% | -12.32% | -20.72% | -19.37% | -6.00% | -2.11% | 3.88% | 19.98% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 88.88 | 80.88 | 68.19 | 75.69 | 65.23 | 85.70 | 106.99 | 94.32 | 90.59 | 82.83 | 68.01 | 85.83 | |||||
| P/B TTM | 3.64 | 3.31 | 4.49 | 5.79 | 5.98 | 7.37 | 8.67 | 8.35 | 9.21 | 8.96 | 7.98 | 10.54 | |||||
| P/S TTM | 4.75 | 4.44 | 3.75 | 4.85 | 4.84 | 5.79 | 6.97 | 6.52 | 7.03 | 6.85 | 5.79 | 7.42 | |||||
| Market Cap | 4.77B | 4.35B | 3.60B | 4.64B | 4.61B | 5.49B | 6.43B | 5.86B | 6.28B | 6.04B | 5.14B | 6.60B | |||||
| Enterprise Value | 4.63B | 4.22B | 3.96B | 4.99B | 4.89B | 5.79B | 6.80B | 6.25B | 6.70B | 6.29B | 5.42B | 6.92B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 68.50M | 48.43M | 102.61M | 117.86M | 142.34M | 141.35M | 114.81M | 133.19M | 119.90M | 100.11M | 103.70M | 77.33M | |||||
| Net Debt | -147.38M | -130.04M | 362.12M | 349.33M | 284.09M | 302.65M | 364.83M | 383.46M | 420.19M | 249.32M | 276.65M | 317.16M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
NOVANTA INC (NOVT) — SEC Financial Statements & Analysis
NOVANTA INC (NOVT) is a miscellaneous electrical machinery, equipment & supplies company, incorporated in A3. NOVANTA INC trades on NOVTU: Nasdaq as: NOVT: Nasdaq. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), NOVANTA INC reported a 5.59% year-over-year revenue growth, a Gross Profit Margin of 44.23% (TTM), a Debt-to-Equity ratio of 0.37x, a Price-to-Sales (P/S) ratio of 4.75x (TTM), a Price-to-Book (P/B) ratio of 3.64 (TTM), at a market cap of $4.77B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 5.59%
- Gross Profit Margin TTM
- 44.23%
- Debt To Equity
- 0.37x
- P/S TTM
- 4.75x
- P/B TTM
- 3.64
- Market Cap
- $4.77B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is NOVANTA INC in?
NOVANTA INC (NOVT) operates in the Miscellaneous Electrical Machinery, Equipment & Supplies industry.
What is NOVT's market cap?
NOVANTA INC (NOVT) has a market capitalization of $4.77B as of 2026-03-31.
What is NOVT's P/E ratio?
NOVANTA INC (NOVT)'s trailing twelve month P/E ratio is 88.88x as of 2026-03-31.
What exchange does NOVT trade on?
NOVANTA INC (NOVT) trades on the NOVTU: Nasdaq.
Where is NOVANTA INC incorporated?
NOVANTA INC is incorporated in New Brunswick, Canada.