FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Novanta's Free Cash Flow for the
three
months ended in Dec. 2023 was $32.8 Mil. Novanta's Revenue for the
three
months ended in Dec. 2023 was $211.6 Mil. Therefore, Novanta's FCF Margin % for the quarter that ended in Dec. 2023 was 15.49%.
As of today, Novanta's current FCF Yield % is 1.82%.
The historical rank and industry rank for Novanta's FCF Margin % or its related term are showing as below:
NOVT'
s FCF Margin % Range Over the Past 10 Years
Min: 7.46 Med: 10.24 Max: 21.52
Current: 11.36
During the past 13 years, the highest FCF Margin % of Novanta was 21.52%. The lowest was 7.46%. And the median was 10.24%.
NOVT's FCF Margin % is ranked better than 81.2% of 2457
companies
in the Hardware industry
Industry Median: 1.35
vs NOVT: 11.36
Novanta FCF Margin % Historical Data
The historical data trend for Novanta's FCF Margin % 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.
* Premium members only.
Novanta Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
FCF Margin %
8.39
21.52
10.25
8.09
11.36
Novanta Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
FCF Margin %
15.97
3.02
9.97
17.09
15.49
Competitive Comparison
For the Scientific & Technical Instruments subindustry, Novanta's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Novanta FCF Margin % Distribution
For the Hardware industry and Technology sector, Novanta's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Novanta's FCF Margin % falls into.
Novanta FCF Margin % Calculation
FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.
Novanta's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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 FCF Margin % Related Terms
Thank you for viewing the detailed overview of Novanta's FCF Margin % 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NOVT has been successfully added to your 