Nova Ltd.

NVMI Technology Semiconductor Equipment & Materials

Nova Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $880.6 million, up 31.0% from fiscal 2024.

Revenue
+15.9%
EPS
+1.72%
Free cash flow
−10.5%
Total debt
+389.2%

Quarter to June 2026, against a year earlier

313.45 33.15 +11.83%
Market cap
$8.9B
P/E
32.4×
Fwd P/E
32.9×
Dividend yield
—
F-score
3/9
Altman Z
7.65
Beneish M
−2.39
Dividend safety
n/a

Nova Ltd. (NVMI) Free cash flow margin

Alert me on Free cash flow margin

Nova Ltd.'s free cash flow margin over the twelve months to 30 June 2026 was 20.2%, down 4.5 percentage points from fiscal 2025 (24.8%). Over the past ten years it has ranged from −4.45% (fiscal 2016) to 32.4% (fiscal 2024); the current reading is higher than 73% of that period. That is above the Semiconductor Equipment & Materials industry median of 6.73% and above the Technology sector median of 0.67%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 24.8% (7.68)
FY2024 32.4% 11.90
FY2023 20.5% 3.32
FY2022 17.2% (13.42)
FY2021 30.6% 10.66
FY2020 20.0% 11.33
FY2019 8.64% (4.27)
FY2018 12.9% (12.10)
FY2017 25.0% 29.46
FY2016 −4.45% (18.87)

Against its own ten years

Low −4.45% High 32.4%
Ten-year median 20.0%
Current reading's percentile 73

Free cash flow margin against peers

Company Free cash flow margin
ONTO Onto Innovation Inc. compare 22.5%
NVMI Nova Ltd. 20.2%
FORM FormFactor, Inc. compare 18.6%
ENTG Entegris, Inc. compare 17.5%
Q Qnity Electronics, Inc. compare 14.3%
KLIC Kulicke and Soffa Industries, Inc. compare 4.34%
CAMT Camtek Ltd. compare 0.00%
AXTI AXT Inc compare 0.00%
AMKR Amkor Technology, Inc. compare −0.20%
Semiconductor Equipment & Materials industry median 6.73%
Technology sector median 0.67%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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