Novanta (NOVT) Equity Ratio (2010 - 2026)
Novanta (NOVT) reported Equity Ratio of 0.73 for Q2 2026, up 31.16% on a YoY basis from 0.56 in Q2 2025, and little changed quarter-over-quarter from 0.73 in Q4 2025.
Novanta (NOVT) Equity Ratio (2010 - 2026) Analysis & Trends
Novanta has reported Equity Ratio for 17 years, with the latest figure at 0.73 in Q2 2026.
- For the quarter ending Q2 2026, Equity Ratio rose 31.16% year-over-year to 0.73; the trailing twelve-month figure through Apr 2026 stood at 0.73 (up 31.16% YoY), and the FY2025 full-year result was 0.73, up 35.42% from the prior year.
- Equity Ratio for Q2 2026 stood at 0.73, roughly flat from 0.73 in the prior quarter.
- The five-year high for Equity Ratio was 0.73 in Q2 2026, with the low at 0.44 in Q3 2022.
- Historically, Equity Ratio has averaged 0.53 across 5 years, with a median of 0.52 in 2024.
- Annual changes were most pronounced in 2022 — Equity Ratio retreated 21.42% — and 2025, when it surged 35.42%.
- Novanta's Equity Ratio stood at 0.47 in 2022, then gained by 18.04% to 0.55 in 2023, then slipped by 2.23% to 0.54 in 2024, then soared by 35.42% to 0.73 in 2025, then rose by 0.2% to 0.73 in 2026.
- The last three Equity Ratio figures came in at 0.73 (Q2 2026), 0.73 (Q4 2025), and 0.53 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 0.62 |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 0.54 |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 0.85 |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 0.69 |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 0.32 |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 0.53 |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 0.63 |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 0.74 |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 0.66 |
| 10 | Novanta | 6.47 Bn | 6.08 Bn | 113.58 Mn | 0.73 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 0.73 |
| Dec 31, 2025 | 0.73 |
| Sep 26, 2025 | 0.53 |
| Jun 27, 2025 | 0.53 |
| Mar 28, 2025 | 0.56 |
| Dec 31, 2024 | 0.54 |
| Sep 27, 2024 | 0.52 |
| Jun 28, 2024 | 0.50 |
| Mar 29, 2024 | 0.48 |
| Dec 31, 2023 | 0.55 |
| Sep 29, 2023 | 0.54 |
| Jun 30, 2023 | 0.51 |
| Mar 31, 2023 | 0.49 |
| Dec 31, 2022 | 0.47 |
| Sep 30, 2022 | 0.45 |
| Jul 1, 2022 | 0.44 |
| Apr 1, 2022 | 0.44 |
| Dec 31, 2021 | 0.42 |
| Oct 1, 2021 | 0.41 |
| Jul 2, 2021 | 0.56 |