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. In the quarter to June 2026, revenue grew 10.3%, EPS grew 158.3%, free cash flow grew 391.8% and total debt fell 50.0%, each against the same quarter a year earlier. Revenue growth for five consecutive years.
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Novanta Inc. (NOVT) P/E ratio
As of 16 October 2026, Novanta Inc. (NOVT) trades at a P/E ratio of 81.0×. Over the past ten years it has ranged from 0.0× (December 2015) to 135× (September 2021); the current reading is higher than 61% of that period. That is above the Scientific & Technical Instruments industry median of 33.2× and above the Technology sector median of 28.2×.
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 | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| TRMB Trimble Inc. compare | n/m |
| ITRI Itron, Inc. compare | 13.6× |
| VNT Vontier Corporation compare | 13.7× |
| ESE ESCO Technologies Inc. compare | 20.5× |
| BMI Badger Meter, Inc. compare | 29.6× |
| MKSI MKS Inc. compare | 32.9× |
| CGNX Cognex Corporation compare | 51.5× |
| ST Sensata Technologies Holding N.V. compare | 66.5× |
| NOVT Novanta Inc. | 81.0× |
| Scientific & Technical Instruments industry median | 33.2× |
| Technology sector median | 28.2× |
| Market median | 18.1× |
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)