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

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Novanta Inc. (NOVT) P/S ratio

Alert me on P/S ratio

As of 3 November 2026, Novanta Inc. (NOVT) trades at a P/S ratio of 5.9×. Over the past ten years it has ranged from 1.1× (February 2016) to 9.8× (November 2021); the current reading is higher than 64% of that period. That is above the Scientific & Technical Instruments industry median of 4.7× and above the Technology sector median of 2.8×.

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

Period	P/S ratio	Change
FY2025	4.4×	(23.26%)
FY2024	5.8×	(13.38%)
FY2023	6.7×	19.63%
FY2022	5.6×	(36.77%)
FY2021	8.8×	25.53%
FY2020	7.0×	42.16%
FY2019	4.9×	38.21%
FY2018	3.6×	6.15%
FY2017	3.4×	73.57%
FY2016	1.9×	54.15%

Period	P/S ratio	Change
Jun 2026	6.5×	36.00%
Mar 2026	4.8×	7.01%
Dec 2025	4.4×	18.37%
Sep 2025	3.8×	(22.72%)
42 more quarters	Free account

Against its own ten years

Low 1.1× High 9.8×

Ten-year median 5.0×

Current reading's percentile 60

Company	P/S ratio
ST Sensata Technologies Holding N.V. compare	1.6×
VNT Vontier Corporation compare	1.7×
ITRI Itron, Inc. compare	1.8×
MKSI MKS Inc. compare	3.2×
TRMB Trimble Inc. compare	4.0×
BMI Badger Meter, Inc. compare	5.0×
ESE ESCO Technologies Inc. compare	5.0×
NOVT Novanta Inc.	5.9×
CGNX Cognex Corporation compare	8.9×
Scientific & Technical Instruments industry median	4.7×
Technology sector median	2.8×
Market median	1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

Novanta Inc. (NOVT) P/S ratio

P/S ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/S ratio against peers

What P/S ratio is

More on NOVT

P/S ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/S ratio against peers

What P/S ratio is

More on NOVT

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