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 invested capital
Novanta Inc.'s return on invested capital over the twelve months to 30 June 2026 was 5.12%, up 0.2 percentage points from fiscal 2025 (4.96%). Over the past ten years it has ranged from 4.78% (fiscal 2021) to 8.99% (fiscal 2018); the current reading is higher than 18% of that period. That is above the Scientific & Technical Instruments industry median of 4.67% and above the Technology sector median of 0.00%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 4.96% | (1.63) |
| FY2024 | 6.59% | (0.89) |
| FY2023 | 7.48% | 0.42 |
| FY2022 | 7.06% | 2.28 |
| FY2021 | 4.78% | (1.55) |
| FY2020 | 6.33% | 0.14 |
| FY2019 | 6.19% | (2.80) |
| FY2018 | 8.99% | 0.92 |
| FY2017 | 8.07% | 0.40 |
| FY2016 | 7.67% | 1.22 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| BMI Badger Meter, Inc. compare | 17.7% |
| VNT Vontier Corporation compare | 14.3% |
| CGNX Cognex Corporation compare | 12.2% |
| ITRI Itron, Inc. compare | 8.09% |
| ESE ESCO Technologies Inc. compare | 7.76% |
| ST Sensata Technologies Holding N.V. compare | 7.39% |
| MKSI MKS Inc. compare | 6.74% |
| TRMB Trimble Inc. compare | 6.32% |
| NOVT Novanta Inc. | 5.12% |
| Scientific & Technical Instruments industry median | 4.67% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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 equity
- Return on assets
- 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