NVSTEnvista Holdings Corp
Dental Equipment & Supplies
- Revenue
- $2.7B
- 8.3% YoY
- Operating margin
- 7.9%
- 119% YoY
- EBITDA
- $332M
- 136% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.0×
- $323M net debt
- AI in 10-K
- —
Red flags 1 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 cashClear587% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyFired42% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.5B | $2.6B | $2.6B | $2.5B | $2.7B | 8.3% |
| Operating income | $306M | $319M | $32M | −$1.0B | $216M | 121% |
| Net income | $341M | $243M | −$100M | −$1.1B | $47M | 104% |
| Operating cash flow | $362M | $183M | $276M | $337M | $276M | 18% |
| Capex | $55M | $76M | $58M | $34M | $45M | 34% |
| Stock-based comp | $28M | $31M | $31M | $35M | $38M | 6.5% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 64 | 136 |
| FY2024 | — | — | 57 | 121 |
| FY2023 | — | — | 71 | 120 |
| FY2022 | — | — | 100 | 120 |
| FY2021 | — | — | 134 | 124 |