Novanta (NOVT) Goodwill (2010 - 2026)
Novanta (NOVT) recorded Goodwill of $642.37 million in Q2 2026, down 1.0% from $649.09 million a year earlier and down 0.2% from the prior quarter.
Analysis
Novanta (NOVT) Goodwill (2010 - 2026) Analysis & Trends
At the end of FY2025, Novanta reported Goodwill of $647.35 million, up 10.8% from FY2024.
- Annual Goodwill has increased for three straight years, with a five-year compound annual growth rate of 17.7% (FY2020 to FY2025).
- Across earlier years, Goodwill came in at $584.1 million in FY2024 (+20.6%), $484.51 million in FY2023 (+1.2%), $478.9 million in FY2022 (-0.1%) and $479.5 million in FY2021 (+67.7%).
- The Q2 2026 figure is the lowest quarterly Goodwill since Q1 2025.
- On a year-over-year basis, Goodwill rose in six of the last eight quarters, with growth averaging 10.4%.
- Peak year-over-year performance for Goodwill in the last five years was growth of 76.4% in Q3 2021, against a decline of 5.7% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $643.38 million (Q1 2026), $647.35 million (Q4 2025) and $647.51 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn |
| 10 | Novanta | 5.72 Bn | 4.14 Bn | 120.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 642.37 Mn |
| Apr 3, 2026 | 643.38 Mn |
| Dec 31, 2025 | 647.35 Mn |
| Sep 26, 2025 | 647.51 Mn |
| Jun 27, 2025 | 649.09 Mn |
| Mar 28, 2025 | 589.05 Mn |
| Dec 31, 2024 | 584.10 Mn |
| Sep 27, 2024 | 594.09 Mn |
| Jun 28, 2024 | 587.03 Mn |
| Mar 29, 2024 | 589.86 Mn |
| Dec 31, 2023 | 484.51 Mn |
| Sep 29, 2023 | 477.64 Mn |
| Jun 30, 2023 | 483.41 Mn |
| Mar 31, 2023 | 484.51 Mn |
| Dec 31, 2022 | 478.90 Mn |
| Sep 30, 2022 | 465.05 Mn |
| Jul 1, 2022 | 466.41 Mn |
| Apr 1, 2022 | 475.80 Mn |
| Dec 31, 2021 | 479.50 Mn |
| Oct 1, 2021 | 492.94 Mn |
API Access
Novanta Goodwill 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=goodwill&ticker=NOVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();