Novanta (NOVTU) Equity Ratio (2010 - 2026)

Novanta (NOVTU) 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 (NOVTU) 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 - - 113.58 Mn 0.73

Historic Data

Download Data
DateValue
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