Novanta (NOVT) Net Margin (2010 - 2026)
Novanta (NOVT) reported Net Margin of 4.72% for Q2 2026, up 2.85 percentage points from 1.87% a year earlier but down 3.47 percentage points from the prior quarter.
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Analysis
Novanta (NOVT) Net Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jul 3, 2026, Novanta's Net Margin came in at 6.00%, down 0.41 percentage points year-over-year; for FY2025, it came in at 5.49%, down 1.26 percentage points from FY2024.
- Net Margin has declined for three consecutive years, with a five-year change of -2.05 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 6.75% in FY2024 (-1.51 pp), 8.27% in FY2023 (-0.34 pp), 8.60% in FY2022 (+1.48 pp) and 7.12% in FY2021 (-0.42 pp).
- Five-year quarterly Net Margin spans a low of 1.87% in Q2 2025 and a high of 10.09% in Q3 2022.
- Year over year, Net Margin gained in three of the last eight quarters, with an average year-over-year change of -0.46 percentage points.
- The high point for year-over-year Net Margin in five years was Q2 2026 (a gain of 2.85 percentage points); the low point was Q2 2025 (a drop of 3.97 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 8.19% (Q1 2026), 6.76% (Q4 2025) and 4.30% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 17.49% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 20.20% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 10.94% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 9.62% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.96% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 15.20% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 14.73% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 14.35% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 18.95% |
| 10 | Novanta | 5.38 Bn | 3.80 Bn | 120.92 Mn | 4.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 4.72% |
| Apr 3, 2026 | 8.19% |
| Dec 31, 2025 | 6.76% |
| Sep 26, 2025 | 4.30% |
| Jun 27, 2025 | 1.87% |
| Mar 28, 2025 | 9.09% |
| Dec 31, 2024 | 6.92% |
| Sep 27, 2024 | 7.85% |
| Jun 28, 2024 | 5.83% |
| Mar 29, 2024 | 6.36% |
| Dec 31, 2023 | 5.91% |
| Sep 29, 2023 | 9.58% |
| Jun 30, 2023 | 9.10% |
| Mar 31, 2023 | 8.34% |
| Dec 31, 2022 | 6.99% |
| Sep 30, 2022 | 10.09% |
| Jul 1, 2022 | 8.12% |
| Apr 1, 2022 | 9.22% |
| Dec 31, 2021 | 6.91% |
| Oct 1, 2021 | 7.65% |
API Access
Novanta Net 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=net-margin&ticker=NOVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();