NOVTNOVANTA INC
Miscellaneous Electrical Machinery, Equipment & Supplies
- Revenue
- $981M
- 3.3% YoY
- Operating margin
- 9.6%
- 18% YoY
- EBITDA
- $156M
- 6.1% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -3.1×
- −$489M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear119% of net incomeCash flow under 80% of net income
- Dilutive SBCClear3% of revenueOver 10% of revenue
- Payouts exceed cash flowClear61% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear30% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $707M | $861M | $882M | $949M | $981M | 3.3% |
| Operating income | $64M | $103M | $110M | $111M | $94M | 15% |
| Net income | $50M | $74M | $73M | $64M | $54M | 16% |
| Operating cash flow | $95M | $91M | $120M | $159M | $64M | 60% |
| Capex | $20M | $20M | $20M | $17M | $16M | 8.9% |
| Stock-based comp | $26M | $23M | $26M | $23M | $30M | 27% |
| Buybacks | — | $10M | — | — | $39M |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $298K · 4
- Net
- −$298K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $10M | $2M | 101 | 134 |
| FY2024 | $9M | −$260K | 129 | 119 |
| FY2023 | $8M | $14M | 142 | 107 |
| FY2022 | $7M | $3M | 115 | 91 |
| FY2021 | $12M | $25M | 149 | 115 |