Novanta Inc. Tangible Equity Units(NOVTU)Earnings, Financials & Key Ratios
NOVTU•NASDAQ
44.8× P/E·Price updated Jun 19, 2026
- Revenue$981M
- EBITDA$179M
- Net Income$54M
- EPS (Diluted)1.47
- Gross Margin41.59%
- EBITDA Margin18.21%
- Operating Margin11.9%
- Net Margin5.49%
- ROE4.1%
NOVTU Key Insights
Novanta Inc. Tangible Equity Units (NOVTU) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 8/9
✗Weaknesses
- ✗Weak 3Y average ROE of 4.1%
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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NOVTU Price & Volume
Novanta Inc. Tangible Equity Units (NOVTU) stock price & volume — 10-year historical chart
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NOVTU Growth Metrics
Novanta Inc. Tangible Equity Units (NOVTU) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years7.32%
5 Years7.32%
3 Years7.32%
Last Year7.32%
NOVTU Recent Earnings
Novanta Inc. Tangible Equity Units (NOVTU) EPS & revenue vs analyst estimates — last 3 quarters
●Beat EPS 2/3 qtrs (67%)●Beat Revenue 3/3 qtrs (100%)
Q2 2026Latest
May 11, 2026Metric
Actual
Est
EPS
$0.81+4.2%
$0.78
Rev
$258M+1.7%
$253M
Q1 2026
Feb 23, 2026Metric
Actual
Est
EPS
$0.91+3.4%
$0.88
Rev
$258M+1.1%
$256M
Q4 2025
Nov 3, 2025Metric
Actual
Est
EPS
$0.30-63.8%
$0.82
Rev
$248M+0.8%
$246M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 11, 2026 | $0.81vs $0.78+4.2% | $258Mvs $253M+1.7% |
| Q1 2026 | Feb 23, 2026 | $0.91vs $0.88+3.4% | $258Mvs $256M+1.1% |
| Q4 2025 | Nov 3, 2025 | $0.30vs $0.82-63.8% | $248Mvs $246M+0.8% |
Based on last 3 quarters of dataView full earnings history →
NOVTU Peer Comparison
Novanta Inc. Tangible Equity Units (NOVTU) competitors in industry — 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 |
|---|---|---|---|---|---|---|---|---|
 NOVT | 5.53B | 155.30 | 105.65 | 3.3% | 5.35% | 5.08% | 0.26 | |
 MKSI | 27.36B | 406.37 | 92.99 | 9.62% | 8.03% | 12.24% | 1.73 | |
 COHR | 61.78B | 389.57 | -749.17 | 23.42% | 10.59% | 6.94% | 0.46 | |
 IPGP | 5.01B | 118.01 | 161.66 | 2.73% | 2.78% | 1.37% | ||
 LSCC | 21.06B | 153.72 | 6893.27 | 2.72% | 3.46% | 2.79% | 0.11 | |
 VIAV | 10.91B | 47.17 | 314.47 | 8.39% | -4.03% | -6.92% | 0.89 | |
 OSIS | 3.67B | 222.78 | 25.58 | 11.33% | 8.42% | 16.74% | 0.72 | |
 CGNX | 11.04B | 66.10 | 97.21 | 8.73% | 13.62% | 9.56% | 0.05 |
Compare NOVTU vs Peers
Novanta Inc. Tangible Equity Units (NOVTU) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NOVTU Income Statement
Novanta Inc. Tangible Equity Units (NOVTU) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'25 | TTM |
|---|---|---|
Sales/Revenue | 980.6M | 1B |
Revenue Growth % | - | - |
Cost of Goods Sold | 572.79M | 574.33M |
COGS % of Revenue | 58.41% | - |
Gross Profit | 407.81M▲ 0% | 430.61M▲ 0% |
Gross Margin % | 41.59% | 42.85% |
Gross Profit Growth % | - | - |
Operating Expenses | 291.14M | 333.02M |
OpEx % of Revenue | 29.69% | - |
Selling, General & Admin | 195.66M | 204.47M |
SG&A % of Revenue | 19.95% | - |
Research & Development | 95.48M | 95.5M |
R&D % of Revenue | 9.74% | - |
Other Operating Expenses | 0 | 2M |
Operating Income | 116.66M▲ 0% | 97.59M▲ 0% |
Operating Margin % | 11.9% | 9.71% |
Operating Income Growth % | - | - |
EBITDA | 178.6M | 160.12M |
EBITDA Margin % | 18.21% | 15.93% |
EBITDA Growth % | - | - |
D&A (Non-Cash Add-back) | 61.93M | 62.53M |
EBIT | 116.66M | 110.09M |
Net Interest Income | -21.47M | -17.67M |
Interest Income | 0 | 0 |
Interest Expense | 21.47M | 17.67M |
Other Income/Expense | -47.02M | -28.02M |
Pretax Income | 69.64M▲ 0% | 69.58M▲ 0% |
Pretax Margin % | 7.1% | 6.92% |
Income Tax | 15.81M | 15.86M |
Effective Tax Rate % | 22.71% | 22.79% |
Net Income | 53.83M▲ 0% | 53.72M▲ 0% |
Net Margin % | 5.49% | 5.35% |
Net Income Growth % | - | - |
Net Income (Continuing) | 53.83M | 53.72M |
Discontinued Operations | 0 | 0 |
Minority Interest | 0 | 0 |
EPS (Diluted) | 1.47▲ 0% | 1.31▲ 0% |
EPS Growth % | - | - |
EPS (Basic) | 1.47 | - |
Diluted Shares Outstanding | 36.7M | 41.16M |
Basic Shares Outstanding | 36.59M | 40.42M |
Dividend Payout Ratio | - | - |
NOVTU Balance Sheet
Novanta Inc. Tangible Equity Units (NOVTU) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'25 | TTM |
|---|---|---|
Total Current Assets | 782.6M | 786.8M |
Cash & Short-Term Investments | 380.87M | 388.8M |
Cash Only | 380.87M | 388.8M |
Short-Term Investments | 0 | 0 |
Accounts Receivable | 184.88M | 173.93M |
Days Sales Outstanding | 68.82 | 62.71 |
Inventory | 188.28M | 193.14M |
Days Inventory Outstanding | 119.98 | 115.9 |
Other Current Assets | 28.57M | 30.93M |
Total Non-Current Assets | 1.02B | 1.01B |
Property, Plant & Equipment | 160.19M | 157.32M |
Fixed Asset Turnover | 6.12x | 6.25x |
Goodwill | 647.35M | 643.38M |
Intangible Assets | 180.78M | 170.3M |
Long-Term Investments | 0 | 0 |
Other Non-Current Assets | 8.81M | 11.59M |
Total Assets | 1.81B▲ 0% | 1.8B▲ 0% |
Asset Turnover | 0.54x | 0.61x |
Asset Growth % | - | 29.85% |
Total Current Liabilities | 212.37M | 220.79M |
Accounts Payable | 94.86M | 96.2M |
Days Payables Outstanding | 60.45 | 60.41 |
Short-Term Debt | 48.98M | 50.96M |
Deferred Revenue (Current) | 10.95M | 42.16M |
Other Current Liabilities | 35.32M | 28.86M |
Current Ratio | 3.69x | 3.56x |
Quick Ratio | 2.80x | 2.69x |
Cash Conversion Cycle | 128.35 | 118.19 |
Total Non-Current Liabilities | 280.45M | 267.24M |
Long-Term Debt | 251.41M | 201M |
Capital Lease Obligations | 41.22M | 167.43M |
Deferred Tax Liabilities | 18.09M | 75.73M |
Other Non-Current Liabilities | -30.27M | 9.7M |
Total Liabilities | 492.82M | 488.03M |
Total Debt | 341.61M | 291.33M |
Net Debt | -39.26M | -97.46M |
Debt / Equity | 0.26x | 0.22x |
Debt / EBITDA | 1.91x | 1.82x |
Net Debt / EBITDA | -0.22x | -0.61x |
Interest Coverage | 5.43x | 6.23x |
Total Equity | 1.31B▲ 0% | 1.31B▲ 0% |
Equity Growth % | - | 70.32% |
Book Value per Share | 35.81 | 31.85 |
Total Shareholders' Equity | 1.31B | 1.31B |
Common Stock | 423.86M | 423.86M |
Retained Earnings | 321.38M | 342.48M |
Treasury Stock | 0 | 0 |
Accumulated OCI | -3M | -11.72M |
Minority Interest | 0 | 0 |
NOVTU Cash Flow Statement
Novanta Inc. Tangible Equity Units (NOVTU) cash flow — operating, investing & free cash flow history
| Metric | Dec'25 | TTM |
|---|---|---|
Cash from Operations | 64.06M | 81.94M |
Operating CF Margin % | 6.53% | - |
Operating CF Growth % | - | 58.8% |
Net Income | 53.83M | 53.72M |
Depreciation & Amortization | 61.93M | 62.53M |
Stock-Based Compensation | 0 | 14.2M |
Deferred Taxes | -8.85M | -7.98M |
Other Non-Cash Items | 32.28M | 11.25M |
Working Capital Changes | -75.13M | -51.77M |
Change in Receivables | -27.27M | -5.24M |
Change in Inventory | -36.1M | -42.51M |
Change in Payables | 3.71M | 17.06M |
Cash from Investing | -74.32M | -78.39M |
Capital Expenditures | -15.63M | -15.32M |
CapEx % of Revenue | 1.59% | 1.52% |
Acquisitions | -58.69M | -63.07M |
Investments | - | - |
Other Investing | 0 | 0 |
Cash from Financing | 276.33M | 280.99M |
Debt Issued (Net) | -287.63M | -266.67M |
Equity Issued (Net) | 575.11M | 563.52M |
Dividends Paid | 0 | 0 |
Share Repurchases | -39.28M | -52.16M |
Other Financing | -11.15M | -15.86M |
Net Change in Cash | 266.88M▲ 0% | 282.75M▲ 0% |
Free Cash Flow | 48.43M▲ 0% | 66.61M▲ 0% |
FCF Margin % | 4.94% | 6.63% |
FCF Growth % | - | - |
FCF per Share | 1.32 | 1.62 |
FCF Conversion (FCF/Net Income) | 1.19x | 1.24x |
Interest Paid | 0 | 12.24M |
Taxes Paid | 0 | 26.01M |
NOVTU Key Ratios
Novanta Inc. Tangible Equity Units (NOVTU) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | TTM |
|---|---|
Return on Equity (ROE) | 5.08% |
Return on Invested Capital (ROIC) | 5.96% |
Gross Margin | 42.85% |
Net Margin | 5.35% |
Debt / Equity | 0.22x |
Interest Coverage | 6.23x |
FCF Conversion | 1.24x |
Related:NOVTU Dividend History·NOVTU Revenue History·NOVTU Price History·NOVTU P/E History·NOVTU Financial Ratios·NOVTU Institutional Holders
NOVTU Frequently Asked Questions
Novanta Inc. Tangible Equity Units (NOVTU) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Novanta Inc. Tangible Equity Units (NOVTU) reported $1.00B in revenue for fiscal year 2025. This represents a 2% increase from $980.6M in 2025.
Novanta Inc. Tangible Equity Units (NOVTU) grew revenue by 0.0% over the past year. Growth has been modest.
Yes, Novanta Inc. Tangible Equity Units (NOVTU) is profitable, generating $53.7M in net income for fiscal year 2025 (5.5% net margin).
Dividend & Returns
Novanta Inc. Tangible Equity Units (NOVTU) has a return on equity (ROE) of 4.1%. This is below average, suggesting room for improvement.
Novanta Inc. Tangible Equity Units (NOVTU) generated $66.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.