profit from every $100 of sales.
$0$100
Novanta Inc. Tangible Equity Units
$53.15-0.69% today
+6.3% in 1 year
1-year low $47.731-year high $70.65
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $116.19 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Novanta Inc. Tangible Equity Units sold, what it kept, and what it did with the cash.
Sales went from $861 million in 2022 to $981 million in 2025, with $53.8 million of profit last year.
SalesProfit
Novanta Inc. Tangible Equity Units handed back 81% of the cash it generated last year.
Buybacks $39M
Free cash flow 2025$48M
Bought back its own shares$39M
Paid as dividends–
Cash vs. debt$381M vs. $302M
Novanta Inc. Tangible Equity Units vs. similar companies
Novanta Inc. Tangible Equity Units grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Novanta Inc. Tangible Equity Units | 116.2× · Very expensive | ||
 TE Connectivity | 19.3× · Fair price | ||
 Celestica | 36.8× · Expensive | ||
 Teledyne Technologies | 33.7× · Expensive | ||
 Flex | 33.2× · Expensive |
AI analysis
An AI analyst reads Novanta Inc. Tangible Equity Units's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 861 | 882 | 949 | 981 | |
| 378 | 400 | 422 | 435 | |
| 107 | 123 | 124 | 117 | |
| 161 | 170 | 180 | 179 | |
| 74 | 73 | 64 | 54 | |
| – | – | – | – | |
| 44.0% | 45.4% | 44.4% | 44.4% | |
| 12.5% | 14.0% | 13.1% | 11.9% | |
| 8.6% | 8.3% | 6.8% | 5.5% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,241 | 1,226 | 1,389 | 1,807 |
| Cash | 100 | 105 | 114 | 381 |
| Total debt | 489 | 405 | 470 | 302 |
| Total liabilities | 664 | 553 | 643 | 493 |
| 578 | 673 | 746 | 1,314 | |
| – | – | – | – | |
| 8.0% | 9.0% | 8.1% | 5.7% | |
| 12.8% | 10.8% | 8.6% | 4.1% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 91 | 120 | 159 | 64 | |
| 21 | 20 | 17 | 16 | |
| 70 | 100 | 141 | 48 | |
| Dividends paid | – | – | – | – |
| 10 | 0 | 0 | 39 | |
| 23 | 26 | 23 | 30 |
Valuation
- 116.2×
- 14.9×
- –
- 4.8×
- 5.5×
- 81.8×
- 30.1×
- 2.1%
- 0.9%
- 0.0%
Profitability
- 44.4%
- 11.9%
- 5.5%
- 17.8%
- 5.5%
- 3.3%
- 5.1%
- 3.0%
- 7.4%
- 9.5%
Growth
- +4.4%
- –
- –
- –
- –
Financial health
- -0.5×
- 0.22
- 16.2%
- 6.6×
- 3.56
- 2.69
- 0.56
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 44%of 974
Top 38%of 975
Bottom 12%of 731
Bottom 35%of 982
Top 48%of 985
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 11, 2026 | 0.81 | 0.78 | +4.2% |
| Feb 23, 2026 | 0.91 | 0.88 | +3.4% |
| Nov 3, 2025 | 0.30 | 0.82 | −63.8% |
News
What Did It Take To Hold Novanta Stock?Yahoo Finance · Oct 31, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
47No pass
Benjamin Graham
44No pass
Philip Fisher
33No pass
Peter Lynch
46No pass
Joel Greenblatt
2No pass
Charlie Munger
39No pass
Terry Smith
32No pass
Questions about Novanta Inc. Tangible Equity Units
Is Novanta Inc. Tangible Equity Units a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Novanta Inc. Tangible Equity Units AI analysis
What does Novanta Inc. Tangible Equity Units do?
Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. It is in Hardware, Equipment & Parts.
Does Novanta Inc. Tangible Equity Units pay a dividend?
No. Novanta Inc. Tangible Equity Units does not pay a dividend at the moment; in 2025 it returned $39.3 million to shareholders by buying back its own shares.
How has Novanta Inc. Tangible Equity Units stock done over the past year?
Up 6.3% over the past twelve months, to $53.15. It traded between $47.73 and $70.65 and is 24.8% below its high.
Who are Novanta Inc. Tangible Equity Units's competitors?
The largest listed companies in the same industry are TE Connectivity, Celestica, Teledyne Technologies and Flex. The peers table on this page compares their profit, growth and price with Novanta Inc. Tangible Equity Units's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.