Novanta Inc.

As of June 30, 2026, Novanta Inc carries a market capitalization of 103.86B, placing it among publicly traded companies globally. Its enterprise value stands at 96.28B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Novanta Inc's next confirmed earnings release is scheduled for November 9, 2026.

As of June 30, 2026, Novanta Inc has 37.82M shares outstanding.

As of June 30, 2026, Novanta Inc trades at a trailing price-to-earnings ratio of 99.03. The price-to-sales ratio is 5.94, and the price-to-book ratio stands at 3.68.

As of June 30, 2026, Novanta Inc trades at an EV/EBITDA multiple of 35.81 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 5.35 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 59.71 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Novanta Inc trades at an EV/FCF ratio of 48.22, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 96.28B versus a market cap of 103.86B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Novanta Inc maintains a current ratio of 4.57, meaning it holds 4.6x the short-term assets needed to cover near-term liabilities.

Over the twelve months ended June 30, 2026, Novanta Inc posted a return on equity (ROE) of 5.11, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 4.42 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 3.38, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 3.84, useful for judging operating efficiency across full business cycles. The company generates approximately 6.00M in revenue per employee across its workforce of 3,000.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 3.17 indicates how many times Novanta Inc sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, Novanta Inc recorded 313.14M in income tax expense. That works out to an effective tax rate of 22.49, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.39B, leaving 1.08B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 1, 2026, Novanta Inc's stock has gained approximately 20.20% over the past 52 weeks.

Over the twelve months ended June 30, 2026, Novanta Inc generated 17.99B in revenue and converted that into 1.08B in net income, yielding earnings per share of 27.49. EBITDA reached 2.69B, while operating income came in at 2.10B.

As of June 30, 2026, Novanta Inc holds 12.56B in cash and equivalents against 4.97B in total debt, resulting in a net debt position of -8.54B. Total book value stands at 28.24B, with working capital of 15.33B providing operational flexibility.

Novanta Inc produced 2.34B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -341.74M in capital expenditures, free cash flow totaled 2.00B - equivalent to 51.32 per share.

Over the twelve months ended June 30, 2026, Novanta Inc posted a gross margin of 44.54, reflecting its pricing power and cost economics. The operating margin of 11.65 and net profit margin of 6.00 provide insight into operational efficiency.

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 1.85, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -8.32, meaning Novanta Inc raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Novanta Inc's most recent stock split took place on December 29, 2010 with a 3:1 split ratio.

As of June 30, 2026, Novanta Inc has an Altman Z-Score of 9.04, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.