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
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Novanta Inc. (NOVT) 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
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)
More on NOVT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement