Nova Ltd.(NVMI)Earnings, Financials & Key Ratios
NVMI•NASDAQ
$515.87
$15.1B mkt cap·89.7× P/E·Price updated May 6, 2026
SectorTechnologyIndustrySemiconductorsSub-IndustrySemiconductor Test, Metrology and Inspection Equipment
AboutNova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging. The company serves various sectors of the integrated circuit manufacturing industry, including logic, foundries, and memory manufacturers, as well as process equipment manufacturers. Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. The company was incorporated in 1993 and is headquartered in Rehovot, Israel.Show more
- Revenue$672M+29.8%
- EBITDA$205M+38.0%
- Net Income$184M+34.8%
- EPS (Diluted)5.75+34.3%
- Gross Margin57.57%+1.7%
- EBITDA Margin30.48%+6.3%
- Operating Margin27.89%+9.2%
- Net Margin27.33%+3.8%
- ROE21.9%+7.4%
- ROIC14.86%+20.5%
- Debt/Equity0.25-21.7%
- Interest Coverage116.20+32.7%
NVMI Key Insights
Nova Ltd. (NVMI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 22.9%
- ✓Strong 5Y profit CAGR of 39.2%
- ✓Strong Piotroski F-Score: 8/9
- ✓FCF machine: 32.4% free cash flow margin
- ✓Momentum leader: RS Rating 88 (top 12%)
- ✓High quality earnings: Operating CF exceeds net income
✗Weaknesses
- ✗Expensive at 17.9x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NVMI Price & Volume
Nova Ltd. (NVMI) stock price & volume — 10-year historical chart
Loading chart...
NVMI Growth Metrics
Nova Ltd. (NVMI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years18.75%
5 Years24.49%
3 Years17.35%
TTM30.96%
Profit CAGR
10 Years25.71%
5 Years39.19%
3 Years25.44%
TTM41.06%
EPS CAGR
10 Years23.98%
5 Years36.13%
3 Years22.6%
TTM39.79%
Return on Capital
10 Years16.66%
5 Years18.1%
3 Years19.51%
Last Year20.69%
NVMI Recent Earnings
Nova Ltd. (NVMI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 11/12 qtrs (92%)
Q1 2026Latest
Feb 12, 2026EPS
$2.14
Est $2.13
+0.5%
Revenue
$223M
Est $221M
+0.8%
Q4 2025
Nov 6, 2025EPS
$2.16
Est $2.15
+0.5%
Revenue
$225M
Est $222M
+1.1%
Q3 2025
Aug 7, 2025EPS
$2.20
Est $2.05
+7.3%
Revenue
$220M
Est $217M
+1.2%
Q2 2025
May 8, 2025EPS
$2.18
Est $2.08
+4.8%
Revenue
$213M
Est $211M
+1.3%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 12, 2026 | $2.14vs $2.13+0.5% | $223Mvs $221M+0.8% |
| Q4 2025 | Nov 6, 2025 | $2.16vs $2.15+0.5% | $225Mvs $222M+1.1% |
| Q3 2025 | Aug 7, 2025 | $2.20vs $2.05+7.3% | $220Mvs $217M+1.2% |
| Q2 2025 | May 8, 2025 | $2.18vs $2.08+4.8% | $213Mvs $211M+1.3% |
Based on last 12 quarters of dataView full earnings history →
NVMI Peer Comparison
Nova Ltd. (NVMI) competitors in Semiconductor Test, Metrology and Inspection Equipment — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ONTO | 15.17B | 305.00 | 109.71 | 1.82% | 10.33% | 5.19% | 1.98% | 0.01 |
 MKSI | 19.39B | 287.65 | 65.82 | 9.62% | 7.51% | 10.85% | 2.56% | 1.73 |
 CAMT | 7.18B | 197.20 | 81.49 | 36.1% | 28.36% | 21.35% | 0.38 | |
 COHU | 2.28B | 48.45 | -30.47 | 12.74% | -11.54% | -6.84% | 0.47% | 0.46 |
 KLIC | 4.78B | 91.39 | 9999 | -7.38% | -9.4% | -7.83% | 2.02% | 0.05 |
 KLAC | 227.69B | 1732.90 | 57.06 | 23.89% | 35.66% | 89.07% | 1.64% | 1.30 |
 AMAT | 325.78B | 410.82 | 47.44 | 4.39% | 24.67% | 34.28% | 1.75% | 0.32 |
 LRCX | 344.41B | 275.80 | 66.46 | 23.68% | 30.94% | 65.79% | 1.57% | 0.48 |
Compare NVMI vs Peers
Nova Ltd. (NVMI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NVMI Income Statement
Nova Ltd. (NVMI) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 163.9M | 221.99M | 251.13M | 224.91M | 269.4M | 416.11M | 570.73M | 517.92M | 672.4M | 880.58M |
| Revenue Growth % | 10.36% | 35.44% | 13.13% | -10.44% | 19.78% | 54.46% | 37.16% | -9.25% | 29.83% | 30.96% |
| Cost of Goods Sold | 88.62M | 90.81M | 105.9M | 103.09M | 116.47M | 178.75M | 248.33M | 224.75M | 285.31M | 375.38M |
| COGS % of Revenue | 54.07% | 40.9% | 42.17% | 45.84% | 43.23% | 42.96% | 43.51% | 43.39% | 42.43% | - |
| Gross Profit | 75.28M▲ 0% | 131.19M▲ 74.3% | 145.23M▲ 10.7% | 121.82M▼ 16.1% | 152.92M▲ 25.5% | 237.36M▲ 55.2% | 322.4M▲ 35.8% | 293.18M▼ 9.1% | 387.09M▲ 32.0% | 505.2M▲ 0% |
| Gross Margin % | 45.93% | 59.1% | 57.83% | 54.16% | 56.77% | 57.04% | 56.49% | 56.61% | 57.57% | 57.37% |
| Gross Profit Growth % | -2.34% | 74.27% | 10.71% | -16.12% | 25.53% | 55.22% | 35.83% | -9.06% | 32.03% | - |
| Operating Expenses | 65.11M | 73.37M | 84.79M | 85.41M | 97.35M | 124.97M | 172.47M | 160.91M | 199.55M | 251.73M |
| OpEx % of Revenue | 39.73% | 33.05% | 33.76% | 37.98% | 36.14% | 30.03% | 30.22% | 31.07% | 29.68% | - |
| Selling, General & Admin | 27.57M | 31.85M | 36.73M | 38.28M | 41.84M | 56.66M | 75.97M | 72.87M | 89.29M | 108.34M |
| SG&A % of Revenue | 16.82% | 14.35% | 14.62% | 17.02% | 15.53% | 13.62% | 13.31% | 14.07% | 13.28% | - |
| Research & Development | 35M | 38.96M | 45.45M | 44.51M | 53.02M | 65.86M | 90.46M | 88.04M | 110.26M | 143.39M |
| R&D % of Revenue | 21.35% | 17.55% | 18.1% | 19.79% | 19.68% | 15.83% | 15.85% | 17% | 16.4% | - |
| Other Operating Expenses | 1.76M | 1.76M | 1.76M | 2.63M | 2.5M | 2.46M | 6.03M | 0 | 0 | 0 |
| Operating Income | 10.17M▲ 0% | 57.82M▲ 468.7% | 60.44M▲ 4.5% | 36.41M▼ 39.8% | 55.57M▲ 52.6% | 112.39M▲ 102.2% | 149.93M▲ 33.4% | 132.26M▼ 11.8% | 187.54M▲ 41.8% | 253.47M▲ 0% |
| Operating Margin % | 6.2% | 26.05% | 24.07% | 16.19% | 20.63% | 27.01% | 26.27% | 25.54% | 27.89% | 28.78% |
| Operating Income Growth % | -12.22% | 468.75% | 4.54% | -39.76% | 52.63% | 102.24% | 33.41% | -11.78% | 41.79% | - |
| EBITDA | 16.76M | 64M | 68.13M | 44.43M | 63.95M | 121.32M | 164.59M | 148.46M | 204.92M | 275.83M |
| EBITDA Margin % | 10.23% | 28.83% | 27.13% | 19.76% | 23.74% | 29.16% | 28.84% | 28.67% | 30.48% | 31.32% |
| EBITDA Growth % | -20.95% | 281.85% | 6.45% | -34.78% | 43.92% | 89.72% | 35.66% | -9.79% | 38.03% | 34.61% |
| D&A (Non-Cash Add-back) | 6.59M | 6.18M | 7.68M | 8.03M | 8.38M | 8.93M | 14.65M | 16.2M | 17.38M | 22.37M |
| EBIT | 10.17M | 57.82M | 60.44M | 39.59M | 57.36M | 113.48M | 149.93M | 155.98M | 187.54M | 263.01M |
| Net Interest Income | 1.22M | 1.72M | 3.27M | 4.51M | 3.1M | -2.19M | 5.01M | 21.13M | 32.93M | 49.82M |
| Interest Income | 1.22M | 2.28M | 2.98M | 4.61M | 4.06M | 2.19M | 6.48M | 22.64M | 34.55M | 37.65M |
| Interest Expense | 0 | 112K | 87K | 99K | 959K | 4.38M | 1.47M | 1.51M | 1.61M | 0 |
| Other Income/Expense | 1.22M | 2.28M | 2.98M | 3.08M | 926K | -3.13M | 8.48M | 22.44M | 28.75M | 49.82M |
| Pretax Income | 11.38M▲ 0% | 60.09M▲ 428.0% | 63.43M▲ 5.5% | 39.49M▼ 37.7% | 56.5M▲ 43.1% | 109.25M▲ 93.4% | 158.41M▲ 45.0% | 154.7M▼ 2.3% | 216.29M▲ 39.8% | 303.29M▲ 0% |
| Pretax Margin % | 6.94% | 27.07% | 25.26% | 17.56% | 20.97% | 26.26% | 27.76% | 29.87% | 32.17% | 34.44% |
| Income Tax | 1.74M | 13.64M | 9.05M | 4.32M | 8.59M | 16.15M | 18.2M | 18.39M | 32.52M | 44.06M |
| Effective Tax Rate % | 15.27% | 22.69% | 14.27% | 10.93% | 15.2% | 14.78% | 11.49% | 11.89% | 15.04% | 14.53% |
| Net Income | 9.64M▲ 0% | 46.46M▲ 381.7% | 54.38M▲ 17.0% | 35.17M▼ 35.3% | 47.91M▲ 36.2% | 93.1M▲ 94.3% | 140.21M▲ 50.6% | 136.31M▼ 2.8% | 183.76M▲ 34.8% | 259.22M▲ 0% |
| Net Margin % | 5.88% | 20.93% | 21.65% | 15.64% | 17.78% | 22.37% | 24.57% | 26.32% | 27.33% | 29.44% |
| Net Income Growth % | -38.67% | 381.74% | 17.04% | -35.32% | 36.21% | 94.34% | 50.6% | -2.78% | 34.81% | 41.06% |
| Net Income (Continuing) | 9.64M | 46.46M | 54.38M | 35.17M | 47.91M | 93.1M | 140.21M | 136.31M | 183.76M | 259.22M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.35▲ 0% | 1.63▲ 365.7% | 1.89▲ 16.0% | 1.23▼ 34.9% | 1.65▲ 34.1% | 3.12▲ 89.1% | 4.40▲ 41.0% | 4.28▼ 2.7% | 5.75▲ 34.3% | 7.66▲ 0% |
| EPS Growth % | -38.6% | 365.71% | 15.95% | -34.92% | 34.15% | 89.09% | 41.03% | -2.73% | 34.35% | 39.79% |
| EPS (Basic) | 0.35 | 1.68 | 1.94 | 1.26 | 1.71 | 3.28 | 4.89 | 4.77 | 6.31 | - |
| Diluted Shares Outstanding | 27.5M | 28.52M | 28.77M | 28.57M | 28.95M | 29.82M | 31.87M | 32.09M | 32.14M | 33.83M |
| Basic Shares Outstanding | 27.18M | 27.7M | 28.02M | 27.9M | 28.1M | 28.37M | 28.7M | 28.83M | 29.11M | 33.34M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
NVMI Balance Sheet
Nova Ltd. (NVMI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 167.91M | 232.27M | 282.11M | 306.18M | 558.7M | 566.52M | 612.95M | 710.22M | 901.95M | 1.41B |
| Cash & Short-Term Investments | 90.95M | 149.09M | 175.83M | 189.09M | 423.87M | 410.16M | 373.5M | 443.68M | 586.57M | 1.05B |
| Cash Only | 20.41M | 27.7M | 22.88M | 31.75M | 232.3M | 126.7M | 111.12M | 107.57M | 157.78M | 214.46M |
| Short-Term Investments | 70.55M | 121.39M | 152.95M | 157.35M | 191.57M | 283.46M | 262.38M | 336.11M | 428.79M | 834.05M |
| Accounts Receivable | 42.63M | 40.95M | 53.53M | 51.6M | 63.31M | 68.45M | 110.74M | 111.92M | 140.1M | 151.93M |
| Days Sales Outstanding | 94.92 | 67.33 | 77.8 | 83.75 | 85.78 | 60.04 | 70.82 | 78.87 | 76.05 | 58.25 |
| Inventory | 29.26M | 34.92M | 41.79M | 48.36M | 61.73M | 78.67M | 116.6M | 138.2M | 156.6M | 183.67M |
| Days Inventory Outstanding | 120.51 | 140.37 | 144.02 | 171.23 | 193.46 | 160.63 | 171.38 | 224.44 | 200.34 | 175.9 |
| Other Current Assets | 4.84M | 6.95M | 7.31M | 14.85M | 6.45M | 4.83M | 4.42M | 5.42M | 7.95M | 26.69M |
| Total Non-Current Assets | 50.69M | 51.02M | 51.32M | 94.26M | 97.08M | 238.64M | 371.16M | 423.59M | 488.47M | 949.74M |
| Property, Plant & Equipment | 10.02M | 13.89M | 13.76M | 58.82M | 63.28M | 65.09M | 100.77M | 108.73M | 132.94M | 160.36M |
| Fixed Asset Turnover | 16.36x | 15.98x | 18.26x | 3.82x | 4.26x | 6.39x | 5.66x | 4.76x | 5.06x | 5.92x |
| Goodwill | 20.11M | 20.11M | 20.11M | 20.11M | 20.11M | 20.11M | 49.01M | 50.08M | 48.32M | 90.81M |
| Intangible Assets | 15.36M | 12.8M | 10.19M | 7.56M | 5.06M | 2.6M | 43.59M | 39.18M | 31.46M | 45.82M |
| Long-Term Investments | 750K | 750K | 2M | 2M | 2.55M | 141.09M | 153.94M | 197.6M | 233.66M | 1.67B |
| Other Non-Current Assets | 1.43M | 1.5M | 1.39M | 1.21M | 3.22M | 3.59M | 3.75M | 4.41M | 10.46M | 151.46M |
| Total Assets | 218.59M▲ 0% | 283.29M▲ 29.6% | 333.43M▲ 17.7% | 400.44M▲ 20.1% | 655.79M▲ 63.8% | 805.15M▲ 22.8% | 984.11M▲ 22.2% | 1.13B▲ 15.2% | 1.39B▲ 22.6% | 2.36B▲ 0% |
| Asset Turnover | 0.75x | 0.78x | 0.75x | 0.56x | 0.41x | 0.52x | 0.58x | 0.46x | 0.48x | 0.46x |
| Asset Growth % | 5.46% | 29.59% | 17.7% | 20.1% | 63.77% | 22.78% | 22.23% | 15.21% | 22.63% | 188.86% |
| Total Current Liabilities | 39.03M | 52.13M | 48.08M | 48.09M | 60.93M | 287.93M | 134.07M | 322.81M | 388.23M | 224.53M |
| Accounts Payable | 16.5M | 15.75M | 19.02M | 20.71M | 24.1M | 36.22M | 42.73M | 35.16M | 59.58M | 46.98M |
| Days Payables Outstanding | 67.96 | 63.32 | 65.54 | 73.31 | 75.51 | 73.95 | 62.81 | 57.1 | 76.22 | 51.23 |
| Short-Term Debt | 0 | 0 | 0 | 1.86M | 0 | 183.04M | 0 | 197.68M | 180.56M | 0 |
| Deferred Revenue (Current) | 4.07M | 10.33M | 3.98M | 2.26M | 4.72M | 15.34M | 30.54M | 41.98M | 72.89M | 133.76M |
| Other Current Liabilities | 3.49M | 12.52M | 11.07M | 6.4M | 5.81M | 20.71M | 22.53M | 14.19M | 25.78M | 169.35M |
| Current Ratio | 4.30x | 4.46x | 5.87x | 6.37x | 9.17x | 1.97x | 4.57x | 2.20x | 2.32x | 2.32x |
| Quick Ratio | 3.55x | 3.79x | 5.00x | 5.36x | 8.16x | 1.69x | 3.70x | 1.77x | 1.92x | 1.92x |
| Cash Conversion Cycle | 147.47 | 144.37 | 156.29 | 181.67 | 203.73 | 146.71 | 179.39 | 246.22 | 200.17 | 182.92 |
| Total Non-Current Liabilities | 4.84M | 4.42M | 4.61M | 37.81M | 223.31M | 43.47M | 263.07M | 60.24M | 74.4M | 817.76M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 178.81M | 0 | 196.39M | 0 | 0 | 731.68M |
| Capital Lease Obligations | 0 | 0 | 0 | 30.54M | 31.91M | 33.45M | 43.7M | 39.76M | 48.36M | 214.15M |
| Deferred Tax Liabilities | 1.09M | 0 | 0 | 0 | 0 | 0 | 12.19M | 10.57M | 8.49M | 41.27M |
| Other Non-Current Liabilities | 3.75M | 4.42M | 4.61M | 9.14M | 12.6M | 10.02M | 10.79M | 9.91M | 17.54M | 87.36M |
| Total Liabilities | 43.88M | 56.55M | 52.69M | 85.9M | 284.25M | 331.4M | 397.14M | 383.06M | 462.63M | 1.04B |
| Total Debt | 0 | 0 | 0 | 33.31M | 214.42M | 220.94M | 246.06M | 244.14M | 236.1M | 799.15M |
| Net Debt | -20.41M | -27.7M | -22.88M | 1.56M | -17.89M | 94.24M | 134.94M | 136.57M | 78.32M | 584.69M |
| Debt / Equity | - | - | - | 0.11x | 0.58x | 0.47x | 0.42x | 0.33x | 0.25x | 0.25x |
| Debt / EBITDA | - | - | - | 0.75x | 3.35x | 1.82x | 1.50x | 1.64x | 1.15x | 2.90x |
| Net Debt / EBITDA | -1.22x | -0.43x | -0.34x | 0.04x | -0.28x | 0.78x | 0.82x | 0.92x | 0.38x | 0.38x |
| Interest Coverage | - | 516.24x | 694.74x | 367.76x | 57.95x | 25.66x | 102.06x | 87.59x | 116.20x | - |
| Total Equity | 174.72M▲ 0% | 226.74M▲ 29.8% | 280.74M▲ 23.8% | 314.54M▲ 12.0% | 371.54M▲ 18.1% | 473.75M▲ 27.5% | 586.96M▲ 23.9% | 750.75M▲ 27.9% | 927.79M▲ 23.6% | 1.32B▲ 0% |
| Equity Growth % | 8.48% | 29.77% | 23.82% | 12.04% | 18.12% | 27.51% | 23.9% | 27.9% | 23.58% | 125.28% |
| Book Value per Share | 6.35 | 7.95 | 9.76 | 11.01 | 12.83 | 15.89 | 18.42 | 23.40 | 28.87 | 38.97 |
| Total Shareholders' Equity | 174.72M | 226.74M | 280.74M | 314.54M | 371.54M | 473.75M | 586.96M | 750.75M | 927.79M | 1.32B |
| Common Stock | 74K | 74K | 74K | 74K | 74K | 0 | 0 | 0 | 0 | 1.32B |
| Retained Earnings | 57.66M | 104.12M | 158.54M | 193.71M | 241.62M | 334.72M | 478.07M | 614.38M | 798.14M | 0 |
| Treasury Stock | -11.96M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -50K | 112K | -188K | 15K | 570K | -814K | -12.51M | -3.33M | -5.3M | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
NVMI Cash Flow Statement
Nova Ltd. (NVMI) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -4.16M | 61.81M | 36.11M | 40.69M | 60.25M | 132.26M | 119.54M | 123.53M | 235.27M | 235.27M |
| Operating CF Margin % | -2.54% | 27.84% | 14.38% | 18.09% | 22.37% | 31.79% | 20.95% | 23.85% | 34.99% | - |
| Operating CF Growth % | -116.13% | 1585.84% | -41.58% | 12.69% | 48.07% | 119.51% | -9.62% | 3.34% | 90.45% | 29.7% |
| Net Income | 9.64M | 46.46M | 54.38M | 35.17M | 47.91M | 93.1M | 140.21M | 136.31M | 183.76M | 259.22M |
| Depreciation & Amortization | 6.82M | 6.18M | 7.68M | 8.03M | 8.38M | 8.93M | 14.65M | 16.2M | 17.38M | 23.35M |
| Stock-Based Compensation | 2.73M | 2.78M | 4.33M | 5.09M | 6.95M | 10.49M | 16.65M | 18.29M | 25.21M | 26.29M |
| Deferred Taxes | 633K | -31K | -1.92M | -681K | -193K | -2.99M | -13.74M | -6.24M | 0 | -6.99M |
| Other Non-Cash Items | 39.27M | 21.07M | 37.09M | -510K | -716K | 5.19M | 21.21M | 6.28M | -2.87M | -35.2M |
| Working Capital Changes | -23.99M | 6.42M | -28.36M | -6.41M | -2.07M | 17.54M | -59.45M | -47.3M | 11.79M | -21.05M |
| Change in Receivables | -23.58M | 1.68M | -12.54M | 1.93M | -11.71M | -5.13M | -31.63M | -1.18M | -29.05M | -7.02M |
| Change in Inventory | -1.67M | -6.86M | -8.12M | -7.52M | -16.27M | -18.46M | -29.31M | -26M | -23.9M | -19M |
| Change in Payables | 2.12M | -747K | 3.26M | 1.69M | 3.25M | 11.7M | 5.14M | -7.81M | 17.51M | -4.6M |
| Cash from Investing | -4.38M | -57.14M | -36.49M | -25.45M | -42.46M | -238.5M | -100.26M | -125.33M | -136.4M | -837.17M |
| Capital Expenditures | -3.13M | -6.29M | -3.68M | -21.27M | -6.44M | -4.82M | -21.31M | -17.19M | -17.21M | -27.7M |
| CapEx % of Revenue | 1.91% | 2.84% | 1.46% | 9.46% | 2.39% | 1.16% | 3.73% | 3.32% | 2.56% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | -78.47M | 0 | 0 | -56.35M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -1.25M | -50.84M | -33M | 0 | 0 | 0 | 0 | -29.66M | 0 | -338.41M |
| Cash from Financing | 1.21M | 2.62M | -4.44M | -6.67M | 181.41M | 11K | -29.81M | 10K | -48.35M | 642.21M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 193.59M | 0 | 0 | 0 | -18.51M | 732.25M |
| Equity Issued (Net) | -937K | 0 | -1000K | -1000K | -1000K | 0 | -1000K | -112K | -1000K | -3.1M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -937K | 0 | -4.8M | -7.16M | -12.55M | 0 | -21.42M | -112K | -30M | -90.12M |
| Other Financing | 2.15M | 2.62M | 361K | 492K | 367K | 11K | -8.39M | 122K | 160K | 69.4K |
| Net Change in Cash | -7.33M▲ 0% | 7.29M▲ 199.5% | -4.82M▼ 166.1% | 8.87M▲ 284.0% | 200.56M▲ 2160.8% | -105.61M▼ 152.7% | -14.98M▲ 85.8% | -4.15M▲ 72.3% | 50.2M▲ 1310.6% | 57M▲ 0% |
| Free Cash Flow | -7.29M▲ 0% | 55.52M▲ 861.2% | 32.43M▼ 41.6% | 19.42M▼ 40.1% | 53.81M▲ 177.0% | 127.45M▲ 136.8% | 98.22M▼ 22.9% | 106.34M▲ 8.3% | 218.05M▲ 105.0% | 217.91M▲ 0% |
| FCF Margin % | -4.45% | 25.01% | 12.91% | 8.64% | 19.97% | 30.63% | 17.21% | 20.53% | 32.43% | 24.75% |
| FCF Growth % | -134.06% | 861.22% | -41.58% | -40.11% | 177.04% | 136.84% | -22.93% | 8.26% | 105.05% | -0.33% |
| FCF per Share | -0.27 | 1.95 | 1.13 | 0.68 | 1.86 | 4.27 | 3.08 | 3.31 | 6.78 | 6.78 |
| FCF Conversion (FCF/Net Income) | -0.43x | 1.33x | 0.66x | 1.16x | 1.26x | 1.42x | 0.85x | 0.91x | 1.28x | 0.84x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 1.9M | 8.16M | 13.05M | 8.34M | 3.98M | 13.28M | 23.01M | 26.84M | 29.88M | 0 |
NVMI Key Ratios
Nova Ltd. (NVMI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 5.74% | 23.15% | 21.43% | 11.82% | 13.97% | 22.03% | 26.44% | 20.38% | 21.9% | 19.66% |
| Return on Invested Capital (ROIC) | 5.3% | 24.54% | 19.84% | 9.51% | 12.45% | 18.29% | 17.44% | 12.33% | 14.86% | 14.86% |
| Gross Margin | 45.93% | 59.1% | 57.83% | 54.16% | 56.77% | 57.04% | 56.49% | 56.61% | 57.57% | 57.37% |
| Net Margin | 5.88% | 20.93% | 21.65% | 15.64% | 17.78% | 22.37% | 24.57% | 26.32% | 27.33% | 29.44% |
| Debt / Equity | - | - | - | 0.11x | 0.58x | 0.47x | 0.42x | 0.33x | 0.25x | 0.25x |
| Interest Coverage | - | 516.24x | 694.74x | 367.76x | 57.95x | 25.66x | 102.06x | 87.59x | 116.20x | - |
| FCF Conversion | -0.43x | 1.33x | 0.66x | 1.16x | 1.26x | 1.42x | 0.85x | 0.91x | 1.28x | 0.84x |
| Revenue Growth | 10.36% | 35.44% | 13.13% | -10.44% | 19.78% | 54.46% | 37.16% | -9.25% | 29.83% | 30.96% |
NVMI Frequently Asked Questions
Nova Ltd. (NVMI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Nova Ltd. (NVMI) reported $880.6M in revenue for fiscal year 2024. This represents a 3093% increase from $27.6M in 1999.
Nova Ltd. (NVMI) grew revenue by 29.8% over the past year. This is strong growth.
Yes, Nova Ltd. (NVMI) is profitable, generating $259.2M in net income for fiscal year 2024 (27.3% net margin).
Dividend & Returns
Nova Ltd. (NVMI) has a return on equity (ROE) of 21.9%. This is excellent, indicating efficient use of shareholder capital.
Nova Ltd. (NVMI) generated $217.9M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More NVMI
Nova Ltd. (NVMI) financial analysis — history, returns, DCA and operating performance tools
Full NVMI Stock Analysis
Analyst verdict, bull/bear case, risk factors and peer comparison
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates