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) P/E ratio

Alert me on P/E ratio

As of 6 November 2026, Novanta Inc. (NOVT) trades at a P/E ratio of 84.6×. Over the past ten years it has ranged from 0.0× (December 2015) to 135× (September 2021); the current reading is higher than 67% of that period. That is above the Scientific & Technical Instruments industry median of 28.2× and above the Technology sector median of 25.6×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 80.9× (5.69%)
FY2024 85.8× 6.04%
FY2023 80.9× 24.86%
FY2022 64.8× (47.80%)
FY2021 124× 32.35%
FY2020 93.8× 23.06%
FY2019 76.2× 75.17%
FY2018 43.5× (0.89%)
FY2017 43.9× 28.38%
FY2016 34.2× 158.68%

Quarterly newest first

Period P/E ratio Change
Jun 2026 102× 20.95%
Mar 2026 84.4× 4.22%
Dec 2025 80.9× 18.81%
Sep 2025 68.1× (10.17%)
42 more quarters

Against its own ten years

Low 0.0× High 135×
Ten-year median 73.6×
Current reading's percentile 64

P/E ratio against peers

Company P/E ratio
TRMB Trimble Inc. compare n/m
ST Sensata Technologies Holding N.V. compare 15.6×
ITRI Itron, Inc. compare 15.6×
VNT Vontier Corporation compare 17.0×
ESE ESCO Technologies Inc. compare 19.0×
MKSI MKS Inc. compare 21.5×
CGNX Cognex Corporation compare 32.8×
BMI Badger Meter, Inc. compare 36.3×
NOVT Novanta Inc. 84.6×
Scientific & Technical Instruments industry median 28.2×
Technology sector median 25.6×
Market median 17.8×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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