Itron, Inc. (ITRI) vs Novanta Inc. (NOVT)
Itron, Inc. and Novanta Inc. are both Scientific & Technical Instruments companies. Novanta Inc. is the larger, with a market value of $5.4B against $4.0B — 1.3× the size. Itron, Inc. trades at the lower P/E: 14.8× against 90.6×. Novanta Inc. grew revenue faster over the last twelve months: 7.61% against −5.69%. Itron, Inc. has the higher net margin (11.9% vs 6.00%) and the higher return on invested capital (7.70% vs 5.12%). Across the 22 metrics below, Itron, Inc. leads on 15 and Novanta Inc. on 7.
Valuation
Profitability
| Metric | ITRI | NOVT | Scientific & Technical Instruments median |
|---|---|---|---|
| Gross margin | 39.87% | 44.54% | 45.75% |
| Operating margin | 13.20% | 8.96% | 7.34% |
| Net margin | 11.90% | 6.00% | 1.56% |
| Free cash flow margin | 16.73% | 10.59% | 5.84% |
| Return on equity | 16.74% | 5.11% | 2.87% |
| Return on assets | 7.19% | 3.38% | 0.99% |
| Return on invested capital | 7.70% | 5.12% | 3.88% |
Growth
Health
Dividend
Size
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