Wednesday 4 November 2026 Export NOVT’s income statement to Excel — free account

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

Revenue growth 5 yrs

144.88 2.61 −1.77%

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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

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Novanta Inc. (NOVT) Price to free cash flow

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As of 3 November 2026, Novanta Inc. (NOVT) trades at a price to free cash flow of 55.3×. Over the past ten years it has ranged from 10.9× (April 2015) to 111× (February 2026); the current reading is higher than 68% of that period. That is above the Scientific & Technical Instruments industry median of 28.5× and above the Technology sector median of 20.0×.

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<iframe src="https://stockrow.com/embed/NOVT/price-to-free-cash-flow" width="100%" height="360" style="border:0" loading="lazy" title="Novanta Inc. price to free cash flow, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/NOVT/metrics/price-to-free-cash-flow">Novanta Inc. (NOVT) price to free cash flow — stockrow.com</a></p>

Period	Price to free cash flow	Change
FY2025	89.9×	131.37%
FY2024	38.9×	(33.95%)
FY2023	58.8×	(12.78%)
FY2022	67.4×	(19.12%)
FY2021	83.4×	160.34%
FY2020	32.0×	(45.67%)
FY2019	59.0×	97.44%
FY2018	29.9×	(7.73%)
FY2017	32.4×	83.46%
FY2016	17.6×	4.84%

Period	Price to free cash flow	Change
Jun 2026	61.0×	(19.13%)
Mar 2026	75.4×	(16.10%)
Dec 2025	89.9×	169.90%
Sep 2025	33.3×	(11.50%)
42 more quarters	Free account

Against its own ten years

Low 10.9× High 111×

Ten-year median 40.2×

Current reading's percentile 68

Company	Price to free cash flow
ST Sensata Technologies Holding N.V. compare	9.4×
ITRI Itron, Inc. compare	11.7×
VNT Vontier Corporation compare	13.3×
TRMB Trimble Inc. compare	20.0×
MKSI MKS Inc. compare	30.2×
BMI Badger Meter, Inc. compare	30.8×
ESE ESCO Technologies Inc. compare	33.1×
CGNX Cognex Corporation compare	36.8×
NOVT Novanta Inc.	55.3×
Scientific & Technical Instruments industry median	28.5×
Technology sector median	20.0×
Market median	14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

Novanta Inc. (NOVT) Price to free cash flow

Price to free cash flow, daily

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Against its own ten years

Price to free cash flow against peers

What Price to free cash flow is

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Price to free cash flow, daily

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Against its own ten years

Price to free cash flow against peers

What Price to free cash flow is

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