What are Novanta's profit margins?

Novanta (NOVT) runs a 44.2% gross margin and a 8.9% operating margin, with a 5.3% net margin.

Where do Novanta's ratios come from?

Every ratio is computed from Novanta's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Novanta NOVT Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	44.2%-0.2pp	44.4%-0.4pp	44.8%0.0pp	44.8%+0.1pp	44.7%+0.3pp
Operating margin	8.9%-0.7pp	9.6%-0.4pp	10%-1.2pp	11.1%-1.2pp	12.3%+0.7pp
Net margin	5.3%-0.1pp	5.5%0.0pp	5.5%-0.9pp	6.4%-1.0pp	7.4%+0.7pp
EBITDA margin	15.1%-0.8pp	15.9%-0.2pp	16.2%-1.0pp	17.2%-1.1pp	18.2%+0.7pp
Free cash flow margin	6.8%+1.9pp	4.9%-5.7pp	10.7%-1.6pp	12.3%-2.6pp	15%+0.1pp
Returns
Return on equity	5.2%-0.1pp	5.2%-1.6pp	6.8%-1.3pp	8.2%-1.6pp	9.7%+0.7pp
Return on assets	3.4%0.0pp	3.4%-0.2pp	3.6%-0.6pp	4.2%-0.8pp	5.1%+0.1pp
Return on invested capital	5.9%-0.3pp	6.2%0.0pp	6.2%-1.0pp	7.2%-1.0pp	8.3%-0.4pp
Efficiency
Asset turnover	0.6×0.0×	0.6×0.0×	0.7×0.0×	0.7×0.0×	0.7×0.0×
Inventory turnover	3.3×0.0×	3.3×+0.1×	3.2×0.0×	3.2×-0.2×	3.4×-0.2×
Liquidity
Current ratio	3.6×-0.1×	3.7×+1.2×	2.5×0.0×	2.5×0.0×	2.6×0.0×
Quick ratio	2.7×-0.1×	2.8×+1.3×	1.5×-0.1×	1.6×-0.1×	1.7×0.0×
Cash ratio	1.8×0.0×	1.8×+1.3×	0.5×-0.1×	0.6×0.0×	0.6×-0.1×
Leverage
Debt-to-equity	0.2×0.0×	0.2×-0.4×	0.6×0.0×	0.6×+0.1×	0.6×-0.1×
Debt-to-assets	0.2×0.0×	0.2×-0.2×	0.3×0.0×	0.3×0.0×	0.3×0.0×
Net debt / EBITDA	-0.6×-0.1×	-0.5×-3.2×	2.7×+0.2×	2.5×+0.5×	1.9×-0.2×
Per Share
Book value per share	$31.85-11.0%	$35.81+61.0%	$22.24+0.1%	$22.22+4.3%	$21.31+3.2%
Valuation
Market capitalization	$4.21B-1.0%	$4.26B+18.2%	$3.6B-20.7%	$4.54B-1.2%	$4.6B-16.2%
Enterprise value	$4.12B-1.5%	$4.18B+4.0%	$4.02B-18.8%	$4.95B+0.2%	$4.93B-15.6%
Price / earnings	78.5×-0.6×	79.1×+10.9×	68.2×-5.8×	74×+8.9×	65.1×-20.5×
Price / sales	4.2×-0.1×	4.3×+0.6×	3.8×-1.0×	4.7×-0.1×	4.8×-0.9×
Price / book	3.2×0.0×	3.2×-1.3×	4.5×-1.2×	5.7×-0.3×	6×-1.4×
EV / EBITDA	27.1×+0.4×	26.8×+0.9×	25.9×-4.2×	30.1×+1.7×	28.4×-6.8×
EV / sales	4.1×-0.2×	4.3×+0.1×	4.2×-1.0×	5.2×0.0×	5.2×-1.0×
Free cash flow yield	1.6%+0.5pp	1.1%-1.7pp	2.8%+0.3pp	2.6%-0.5pp	3.1%+0.5pp
Earnings yield	1.3%0.0pp	1.3%-0.2pp	1.5%+0.1pp	1.4%-0.2pp	1.5%+0.4pp

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Questions, answered.

What are Novanta's profit margins?: Novanta (NOVT) runs a 44.2% gross margin and a 8.9% operating margin, with a 5.3% net margin.
Where do Novanta's ratios come from?: Every ratio is computed from Novanta's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.