stockrowNovanta Inc.
NOVT Technology Scientific & Technical Instruments
Novanta Inc.’s revenue for fiscal 2025 (year ended December 2025) was $980.6 million, up 3.30% from fiscal 2024.
- Revenue
- +10.3%
- EPS
- +158.3%
- Free cash flow
- +391.8%
- Total debt
- −50.0%
Quarter to June 2026, against a year earlier
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Novanta Inc. (NOVT) Current ratio
Novanta Inc.'s current ratio at the end of the quarter to 30 June 2026 was 4.6×, up 0.9× from fiscal 2025 (3.7×). Over the past ten years it has ranged from 2.0× (fiscal 2021) to 3.7× (fiscal 2025) — the current reading is the highest in ten years. That is above the Scientific & Technical Instruments industry median of 2.3× and above the Technology sector median of 1.9×.
Current ratio, annual
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Annual newest first
| Period | Current ratio | Change |
|---|---|---|
| FY2025 | 3.7× | 42.58% |
| FY2024 | 2.6× | (13.39%) |
| FY2023 | 3.0× | 16.74% |
| FY2022 | 2.6× | 25.77% |
| FY2021 | 2.0× | (23.68%) |
| FY2020 | 2.7× | 17.92% |
| FY2019 | 2.3× | (16.49%) |
| FY2018 | 2.7× | (7.79%) |
| FY2017 | 2.9× | 3.75% |
| FY2016 | 2.8× | (13.09%) |
Quarterly newest first
| Period | Current ratio | Change |
|---|---|---|
| Jun 2026 | 4.6× | 28.23% |
| Mar 2026 | 3.6× | (3.30%) |
| Dec 2025 | 3.7× | 47.00% |
| Sep 2025 | 2.5× | (1.30%) |
| 42 more quarters | Free account |
Against its own ten years
Current ratio against peers
| Company | Current ratio |
|---|---|
| NOVT Novanta Inc. | 4.6× |
| CGNX Cognex Corporation compare | 3.9× |
| ITRI Itron, Inc. compare | 2.8× |
| BMI Badger Meter, Inc. compare | 2.5× |
| ST Sensata Technologies Holding N.V. compare | 2.4× |
| ESE ESCO Technologies Inc. compare | 1.4× |
| VNT Vontier Corporation compare | 1.3× |
| MKSI MKS Inc. compare | 1.1× |
| TRMB Trimble Inc. compare | 1.0× |
| Scientific & Technical Instruments industry median | 2.3× |
| Technology sector median | 1.9× |
| Market median | 1.6× |
What Current ratio is
Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.
Current Assets (Total) ÷ Current Liabilities (Total)
More on NOVT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement