Novanta Inc (NOVT) — Cash Flow Quality Index

Latest as of March 2026: 2.38x

Novanta Inc (NOVT) has a Cash Flow Quality Index of 2.38x as of March 2026. Operating cash flow of $50.31 Million exceeds net income of $21.10 Million, indicating high earnings quality where cash backs reported profits. Explore NOVT cash generation efficiency to assess how effectively this company generates cash.

Cash Flow Quality Index

2.38x
Operating CF / Net Income

Operating Cash Flow

$50.31 Million
USD

Net Income

$21.10 Million
USD

Data as of

Mar 2026
Most recent filing

Novanta Inc Cash Flow Quality Index (2000–2025)

Historical Cash Flow Quality Index for Novanta Inc across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Novanta Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Novanta Inc (2000–2025)

Year-by-year earnings quality comparison for Novanta Inc. For live market cap and the full company financial profile, see Novanta Inc (NOVT) market capitalisation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.19x $64.06 Million $53.83 Million ▼ -51.9%
2024 2.47x $158.51 Million $64.09 Million ▲ +50.1%
2023 1.65x $120.08 Million $72.88 Million ▲ +34.4%
2022 1.23x $90.78 Million $74.05 Million ▼ -34.8%
2021 1.88x $94.62 Million $50.33 Million ▼ -40.3%
2020 3.15x $140.24 Million $44.52 Million ▲ +103.1%
2019 1.55x $63.25 Million $40.77 Million ▼ -11.9%
2018 1.76x $89.65 Million $50.89 Million ▲ +73.2%
2017 1.02x $63.38 Million $62.31 Million ▼ -53.2%
2016 2.17x $47.79 Million $22.00 Million ▲ +131.6%
2015 0.94x $33.42 Million $35.63 Million ▼ -86.1%
2013 6.73x $49.20 Million $7.31 Million ▲ +363.6%
2012 1.45x $28.43 Million $19.58 Million ▼ -6.8%
2011 1.56x $45.17 Million $29.00 Million ▼ -37.0%
2007 2.47x $37.49 Million $15.15 Million ▲ +52.6%
2006 1.62x $35.26 Million $21.74 Million ▲ +221.9%
2005 0.50x $4.86 Million $9.66 Million ▼ -41.0%
2004 0.85x $35.40 Million $41.47 Million ▲ +479.0%
2000 -0.23x $-10.22 Million $45.38 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.