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

135.15 3.33 +2.53%
Market cap
$5.0B
P/E
84.6×
Fwd P/E
74.3×
Dividend yield
—
F-score
5/9
Altman Z
6.64
Beneish M
−2.25
Dividend safety
n/a

Novanta Inc. (NOVT) EV/Sales

Alert me on EV/Sales

As of 6 November 2026, Novanta Inc. (NOVT) trades at a EV/Sales of 4.9×. Over the past ten years it has ranged from 1.2× (February 2016) to 10.4× (November 2021); the current reading is higher than 44% of that period. That is above the Scientific & Technical Instruments industry median of 4.6× and above the Technology sector median of 2.6×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 4.3× (29.44%)
FY2024 6.1× (12.32%)
FY2023 7.0× 16.56%
FY2022 6.0× (35.63%)
FY2021 9.3× 29.56%
FY2020 7.2× 38.42%
FY2019 5.2× 36.73%
FY2018 3.8× 4.22%
FY2017 3.6× 84.44%
FY2016 2.0× 45.12%

Quarterly newest first

Period EV/Sales Change
Jun 2026 6.0× 30.01%
Mar 2026 4.6× 6.90%
Dec 2025 4.3× 4.34%
Sep 2025 4.1× (20.90%)
42 more quarters

Against its own ten years

Low 1.2× High 10.4×
Ten-year median 5.1×
Current reading's percentile 39

EV/Sales against peers

Company EV/Sales
ST Sensata Technologies Holding N.V. compare 2.0×
VNT Vontier Corporation compare 2.3×
ITRI Itron, Inc. compare 2.4×
MKSI MKS Inc. compare 3.4×
TRMB Trimble Inc. compare 3.6×
ESE ESCO Technologies Inc. compare 4.6×
NOVT Novanta Inc. 4.9×
BMI Badger Meter, Inc. compare 5.1×
CGNX Cognex Corporation compare 6.5×
Scientific & Technical Instruments industry median 4.6×
Technology sector median 2.6×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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