Novanta (NOVT) FCF Margin (2010 - 2026)
Novanta's FCF Margin was 21.62% in Q2 2026, up 16.77 percentage points from 4.85% a year earlier and up 3.20 percentage points from the prior quarter.
Novanta (NOVT) FCF Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Novanta's FCF Margin was 11.10% through Jul 3, 2026, down 1.22 percentage points year-over-year; for FY2025, it came in at 4.94%, down 9.95 percentage points from FY2024.
- FCF Margin shows a five-year change of -17.02 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 14.89% in FY2024 (+3.54 pp), 11.36% in FY2023 (+3.09 pp), 8.26% in FY2022 (-2.30 pp) and 10.56% in FY2021 (-11.40 pp).
- The Q2 2026 figure marks the highest quarterly FCF Margin since Q4 2024.
- Compared with a year earlier, FCF Margin was higher in four of the last eight quarters, with an average year-over-year change of -1.95 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q2 2026 (a gain of 16.77 percentage points); the worst was Q3 2021 (a drop of 23.32 percentage points).
- Per Business Quant data, NOVT's FCF Margin in the three quarters before Q2 2026 was 18.42% (Q1 2026), 1.99% (Q4 2025) and 1.70% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | 15.87% |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | 13.72% |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 10.35% |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | 10.24% |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | 27.16% |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | 27.13% |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | 3.49% |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | 28.30% |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | 14.67% |
| 10 | Novanta | 5.72 Bn | 4.14 Bn | 120.92 Mn | 21.62% |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 21.62% |
| Apr 3, 2026 | 18.42% |
| Dec 31, 2025 | 1.99% |
| Sep 26, 2025 | 1.70% |
| Jun 27, 2025 | 4.85% |
| Mar 28, 2025 | 11.74% |
| Dec 31, 2024 | 24.92% |
| Sep 27, 2024 | 7.96% |
| Jun 28, 2024 | 15.33% |
| Mar 29, 2024 | 11.44% |
| Dec 31, 2023 | 15.49% |
| Sep 29, 2023 | 17.09% |
| Jun 30, 2023 | 9.97% |
| Mar 31, 2023 | 3.02% |
| Dec 31, 2022 | 16.65% |
| Sep 30, 2022 | 5.15% |
| Jul 1, 2022 | 8.48% |
| Apr 1, 2022 | 2.47% |
| Dec 31, 2021 | 11.81% |
| Oct 1, 2021 | 4.38% |
Novanta FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=NOVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "NOVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();