Novanta's EBIT per Share for the
three
months ended in Mar. 2024 was $0.77.
Its EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $3.40.
During the past 12 months, the average EBIT per Share Growth Rate of Novanta was 7.50% per year.
During the past 3 years, the average EBIT per Share Growth Rate was 26.90% per year.
During the past 5 years, the average EBIT per Share Growth Rate was 11.00% per year.
During the past 10 years, the average EBIT per Share Growth Rate was 16.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.
The historical rank and industry rank for Novanta's EBIT per Share or its related term are showing as below:
NOVT'
s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -141 Med: 5.6 Max: 33.6
Current: 26.9
During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Novanta was 33.60% per year. The lowest was -141.00% per year. And the median was 5.60% per year.
NOVT's 3-Year EBIT Growth Rate is ranked better than 75.32% of 1872
companies
in the Hardware industry
Industry Median: 5.95
vs NOVT: 26.90
Novanta's EBIT for the
three
months ended in Mar. 2024 was $27.9 Mil.
Novanta EBIT per Share Historical Data
The historical data trend for Novanta's EBIT per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.40
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Novanta (NAS:NOVT) EBIT per Share Explanation
EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.
Novanta EBIT per Share Related Terms
Thank you for viewing the detailed overview of Novanta's EBIT per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Novanta Inc manufactures photonic and motion-control components for original equipment manufacturers in the medical equipment and industrial technology markets. The firm operates in three segments: photonics, vision, and precision motion. The photonics segment, which sells photonics-based products that include carbon dioxide lasers, laser scanning, super-resolution imaging lasers, and laser beam delivery items. The vision segment sells medical-grade technologies, including visualization solutions, imaging informatics products, and thermal printers contributing the majority of revenue. The precision motion segment sells optical encoders, motion control technology, and precision machined components. The firm generates the majority of its revenue from the United States and Europe.
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