Novanta 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

144.88 2.61 −1.77%
Market cap
$5.6B
P/E
92.5×
Fwd P/E
80.1×
Dividend yield
—
F-score
5/9
Altman Z
6.64
Beneish M
−2.25
Dividend safety
n/a

Novanta Inc. (NOVT) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, Novanta Inc. (NOVT) trades at a EV/EBITDA of 36.0×. Over the past ten years it has ranged from 8.8× (September 2015) to 67.8× (November 2021); the current reading is higher than 63% of that period. That is above the Scientific & Technical Instruments industry median of 19.5× and above the Technology sector median of 15.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 27.1× (22.34%)
FY2024 34.9× (10.74%)
FY2023 39.1× 18.71%
FY2022 32.9× (46.08%)
FY2021 61.0× 35.90%
FY2020 44.9× 29.72%
FY2019 34.6× 60.94%
FY2018 21.5× 0.39%
FY2017 21.4× 50.83%
FY2016 14.2× 34.70%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 40.1× 31.30%
Mar 2026 30.5× 12.65%
Dec 2025 27.1× 5.97%
Sep 2025 25.6× (15.93%)
42 more quarters

Against its own ten years

Low 8.8× High 67.8×
Ten-year median 31.6×
Current reading's percentile 63

EV/EBITDA against peers

Company EV/EBITDA
VNT Vontier Corporation compare 9.3×
ST Sensata Technologies Holding N.V. compare 9.8×
ITRI Itron, Inc. compare 13.9×
MKSI MKS Inc. compare 16.4×
TRMB Trimble Inc. compare 19.6×
ESE ESCO Technologies Inc. compare 21.1×
BMI Badger Meter, Inc. compare 21.2×
CGNX Cognex Corporation compare 35.0×
NOVT Novanta Inc. 36.0×
Scientific & Technical Instruments industry median 19.5×
Technology sector median 15.3×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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