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

144.88 2.61 −1.77%
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

Novanta Inc. (NOVT) Return on equity

Alert me on Return on equity

Novanta Inc.'s return on equity over the twelve months to 30 June 2026 was 5.11%, down 0.1 percentage points from fiscal 2025 (5.23%). Over the past ten years it has ranged from 5.23% (fiscal 2025) to 15.6% (fiscal 2015) — the current reading is the lowest in ten years. That is above the Scientific & Technical Instruments industry median of 2.66% and above the Technology sector median of 0.00%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 5.23% (3.80)
FY2024 9.03% (2.62)
FY2023 11.7% (1.83)
FY2022 13.5% 3.39
FY2021 10.1% 0.13
FY2020 9.96% (0.42)
FY2019 10.4% (4.59)
FY2018 15.0% 1.01
FY2017 14.0% 5.22
FY2016 8.74% (6.88)

Against its own ten years

Low 5.23% High 15.6%
Ten-year median 10.4%
Current reading's percentile 9

Return on equity against peers

Company Return on equity
VNT Vontier Corporation compare 28.9%
ESE ESCO Technologies Inc. compare 21.4%
BMI Badger Meter, Inc. compare 18.7%
ITRI Itron, Inc. compare 16.3%
MKSI MKS Inc. compare 15.9%
ST Sensata Technologies Holding N.V. compare 12.7%
CGNX Cognex Corporation compare 11.2%
NOVT Novanta Inc. 5.11%
TRMB Trimble Inc. compare −1.94%
Scientific & Technical Instruments industry median 2.66%
Technology sector median 0.00%
Market median 1.07%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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