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Novanta NOVT Debt-to-equity

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0.0×
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0.6×-0.2×
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Other financials

Income statement

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Revenue$257.7M+10.4%
Gross profit$113.6M+8.8%
Operating income$27.5M-15.1%
Net income$21.1M-0.5%
EPS (diluted)$0.51-13.6%

Balance sheet

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Cash & equivalents$388.8M+267%
Total debt$291.3M-34.2%
Total equity$1.3B+70.3%
Total assets$1.8B+29.9%

Cash flow

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Operating cash flow$51.6M+62.9%
CapEx$4.1M-3.4%
Free cash flow$47.5M+73.2%

Valuation

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Market cap$5.53B-8.3%

Profitability

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Gross margin44.2%-0.5pp
Operating margin8.9%-3.5pp
Net margin5.3%-2.1pp
FCF margin6.8%-8.1pp

Returns & leverage

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Return on equity5.2%-4.6pp
Current ratio3.6×+1.0×

Where this comes from

Calculated from Novanta’s reported figures.

Based on the most recent quarter.

The official record: Novanta’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Novanta's debt-to-equity?
Novanta (NOVT) reported debt-to-equity of 0.2× in Q1 2026.
How has Novanta's debt-to-equity changed year-over-year?
Novanta's debt-to-equity decreased by 61.3% year-over-year, from 0.6× to 0.2×.
What is the long-term trend for Novanta's debt-to-equity?
Over 5 years (2020 to 2025), Novanta's debt-to-equity has grown at a -15.5% compound annual growth rate (CAGR), from 0.5× to 0.2×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.