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%-0.5pp	44.4%0.0pp	44.8%+0.4pp	44.8%+0.1pp	44.7%-0.4pp
Operating margin	8.9%-3.5pp	9.6%-2.1pp	10%-1.5pp	11.1%-0.3pp	12.3%0.0pp
Net margin	5.3%-2.1pp	5.5%-1.3pp	5.5%-1.0pp	6.4%-0.5pp	7.4%-0.3pp
EBITDA margin	15.1%-3.1pp	15.9%-1.6pp	16.2%-1.0pp	17.2%+0.1pp	18.2%+0.6pp
Free cash flow margin	6.8%-8.1pp	4.9%-10.0pp	10.7%-1.8pp	12.3%-2.5pp	15%+1.5pp
Returns
Return on equity	5.2%-4.6pp	5.2%-3.8pp	6.8%-1.8pp	8.2%-1.2pp	9.7%-1.1pp
Return on assets	3.4%-1.7pp	3.4%-1.5pp	3.6%-1.0pp	4.2%-0.5pp	5.1%-0.2pp
Return on invested capital	5.9%-2.3pp	6.2%-2.4pp	6.2%-1.8pp	7.2%-1.0pp	8.3%-0.5pp
Efficiency
Asset turnover	0.6×0.0×	0.6×-0.1×	0.7×0.0×	0.7×0.0×	0.7×0.0×
Inventory turnover	3.3×-0.1×	3.3×-0.3×	3.2×-0.2×	3.2×+0.1×	3.4×+0.4×
Liquidity
Current ratio	3.6×+1.0×	3.7×+1.1×	2.5×-0.3×	2.5×-0.2×	2.6×-0.3×
Quick ratio	2.7×+1.0×	2.8×+1.1×	1.5×-0.3×	1.6×-0.1×	1.7×-0.1×
Cash ratio	1.8×+1.1×	1.8×+1.1×	0.5×-0.1×	0.6×0.0×	0.6×0.0×
Leverage
Debt-to-equity	0.2×-0.4×	0.2×-0.4×	0.6×-0.1×	0.6×-0.1×	0.6×-0.3×
Debt-to-assets	0.2×-0.2×	0.2×-0.2×	0.3×0.0×	0.3×0.0×	0.3×-0.1×
Net debt / EBITDA	-0.6×-2.6×	-0.5×-2.6×	2.7×0.0×	2.5×-0.4×	1.9×-1.1×
Per Share
Book value per share	$31.85+49.5%	$35.81+73.5%	$22.24+8.3%	$22.22+14.2%	$21.31+12.9%
Valuation
Market capitalization	$4.21B-8.3%	$4.26B-22.4%	$3.6B-44.0%	$4.54B-22.5%	$4.6B-26.7%
Enterprise value	$4.12B-16.6%	$4.18B-28.5%	$4.02B-41.4%	$4.95B-21.4%	$4.93B-26.9%
Price / earnings	78.5×+13.3×	79.1×-6.5×	68.2×-38.7×	74×-20.2×	65.1×-25.5×
Price / sales	4.2×-0.6×	4.3×-1.4×	3.8×-3.2×	4.7×-1.8×	4.8×-2.2×
Price / book	3.2×-2.8×	3.2×-4.1×	4.5×-4.2×	5.7×-2.7×	6×-3.2×
EV / EBITDA	27.1×-1.3×	26.8×-8.4×	25.9×-17.4×	30.1×-11.0×	28.4×-14.4×
EV / sales	4.1×-1.1×	4.3×-1.9×	4.2×-3.2×	5.2×-1.8×	5.2×-2.4×
Free cash flow yield	1.6%-1.5pp	1.1%-1.4pp	2.8%+1.1pp	2.6%+0.3pp	3.1%+1.2pp
Earnings yield	1.3%-0.3pp	1.3%+0.1pp	1.5%+0.5pp	1.4%+0.3pp	1.5%+0.4pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

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.