Novanta (NOVT) FCF Margin (2010 - 2026)
Novanta (NOVT) reported FCF Margin of 18.42% for Q2 2026, up 668.0% on a YoY basis from 2.4% in Q2 2025, and up 142.66% quarter-over-quarter from 7.59% in Q4 2025.
Novanta (NOVT) FCF Margin (2010 - 2026) Analysis & Trends
Novanta has reported FCF Margin for 17 years, with the latest figure at 18.42% in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 668.0% year-over-year to 18.42%; the trailing twelve-month figure through Apr 2026 stood at 8.26% (down 824.0% YoY), and the FY2025 full-year result was 6.42%, down 1002.0% from the prior year.
- FCF Margin for Q2 2026 stood at 18.42%, up from 7.59% in the prior quarter.
- The five-year high for FCF Margin was 31.06% in Q4 2024, with the low at 1.7% in Q3 2025.
- Historically, FCF Margin has averaged 12.11% across 5 years, with a median of 9.97% in 2023.
- Annual changes were most pronounced in 2023 — FCF Margin soared 1194 bps — and 2025, when it slumped 2347 bps.
- Novanta's FCF Margin stood at 24.87% in 2022, then retreated by 1 bps to 24.66% in 2023, then grew by 26 bps to 31.06% in 2024, then tumbled by 76 bps to 7.59% in 2025, then jumped by 143 bps to 18.42% in 2026.
- The last three FCF Margin figures came in at 18.42% (Q2 2026), 7.59% (Q4 2025), and 1.7% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | -2.11% |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 25.44% |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 26.77% |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 13.10% |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 2.60% |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 19.47% |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 28.58% |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 15.77% |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 18.92% |
| 10 | Novanta | 6.47 Bn | 6.08 Bn | 113.58 Mn | 18.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 18.42% |
| Dec 31, 2025 | 7.59% |
| Sep 26, 2025 | 1.70% |
| Jun 27, 2025 | 4.85% |
| Mar 28, 2025 | 11.74% |
| Dec 31, 2024 | 31.06% |
| Sep 27, 2024 | 7.96% |
| Jun 28, 2024 | 15.33% |
| Mar 29, 2024 | 11.44% |
| Dec 31, 2023 | 24.66% |
| Sep 29, 2023 | 17.09% |
| Jun 30, 2023 | 9.97% |
| Mar 31, 2023 | 3.02% |
| Dec 31, 2022 | 24.87% |
| Sep 30, 2022 | 5.15% |
| Jul 1, 2022 | 8.48% |
| Apr 1, 2022 | 2.47% |
| Dec 31, 2021 | 21.49% |
| Oct 1, 2021 | 4.38% |
| Jul 2, 2021 | 13.95% |