Novanta Inc Market Cap ($5.16 Billion)
Market Cap & Net Worth: Novanta Inc (NOVT)
Novanta Inc market cap. Novanta Inc (NASDAQ:NOVT) has a market capitalization of $5.16 Billion ($5.16 Billion) as of November 5, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #3417 globally and #1223 in its home market, demonstrating a -2.76% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Novanta Inc's stock price $145.23 by its total outstanding shares 37817770 (37.82 Million). Also see Novanta Inc cash flow conversion for how efficiently the company converts equity into cash flow.
Novanta Inc Market Cap History (2015–2026)
Novanta Inc market cap history from 2015 to 2026. Data shows growth from $515.08 Million to $5.49 Billion (23.60% CAGR). Check latest Novanta Inc stock price today for real-time trading data and today's change.
Index Memberships
Novanta Inc is a constituent of 2 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$40.12 Trillion | 0.01% | #389 of 3165 |
|
S&P Midcap 400
MID
|
$3.33 Trillion | 0.16% | #264 of 401 |
Weight: Novanta Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Novanta Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Novanta Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Explore net asset growth rate of Novanta Inc to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
4.59x
Novanta Inc's market cap is 4.59 times its annual revenue
Latest Price to Earnings (P/E) Ratio
83.60x
Novanta Inc's market cap is 83.60 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $794.17 Million | $384.76 Million | $22.00 Million | 2.06x | 36.09x |
| 2017 | $1.89 Billion | $521.29 Million | $60.05 Million | 3.63x | 31.49x |
| 2018 | $2.38 Billion | $614.34 Million | $49.11 Million | 3.88x | 48.51x |
| 2019 | $3.34 Billion | $626.10 Million | $40.77 Million | 5.34x | 82.03x |
| 2020 | $4.47 Billion | $590.62 Million | $44.52 Million | 7.57x | 100.42x |
| 2021 | $6.67 Billion | $706.79 Million | $50.33 Million | 9.43x | 132.49x |
| 2022 | $5.14 Billion | $860.90 Million | $74.05 Million | 5.97x | 69.39x |
| 2023 | $6.37 Billion | $881.66 Million | $72.88 Million | 7.22x | 87.39x |
| 2024 | $5.78 Billion | $949.25 Million | $64.09 Million | 6.09x | 90.15x |
| 2025 | $4.50 Billion | $980.60 Million | $53.83 Million | 4.59x | 83.60x |
Competitor Companies of NOVT by Market Capitalization
Companies near Novanta Inc in the global market cap rankings as of November 5, 2026. Also see Novanta Inc (NOVT) total assets for a full breakdown of the balance sheet.
Key companies related to Novanta Inc by market ranking:
- Garmin Ltd (NYSE:GRMN): Ranked #487 globally with a market cap of $55.76 Billion USD.
- Garmin Ltd (F:GEY): Ranked #682 globally with a market cap of $39.27 Billion USD ( €33.59 Billion EUR).
- Coherent Inc (NYSE:COHR): Ranked #708 globally with a market cap of $38.17 Billion USD.
- Keysight Technologies Inc (NYSE:KEYS): Ranked #752 globally with a market cap of $35.96 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #487 | Garmin Ltd | NYSE:GRMN | $55.76 Billion | $289.15 |
| #682 | Garmin Ltd | F:GEY | $39.27 Billion | €239.10 |
| #708 | Coherent Inc | NYSE:COHR | $38.17 Billion | $195.09 |
| #752 | Keysight Technologies Inc | NYSE:KEYS | $35.96 Billion | $285.86 |
Market Capitalization of Novanta Inc (2015–2026)
Market capitalization of Novanta Inc from 2015 to today. Between 2015 and today, Novanta Inc's market cap moved from $515.08 Million to $ 5.49 Billion, with a yearly change of 23.60%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $5.49 Billion | +22.05% |
| 2025 | $4.50 Billion | -22.11% |
| 2024 | $5.78 Billion | -9.29% |
| 2023 | $6.37 Billion | +23.95% |
| 2022 | $5.14 Billion | -22.95% |
| 2021 | $6.67 Billion | +49.15% |
| 2020 | $4.47 Billion | +33.67% |
| 2019 | $3.34 Billion | +40.38% |
| 2018 | $2.38 Billion | +26.00% |
| 2017 | $1.89 Billion | +138.10% |
| 2016 | $794.17 Million | +54.19% |
| 2015 | $515.08 Million | -- |
End of Day Market Cap According to Different Sources
On Nov 5th, 2026 the market cap of Novanta Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $5.16 Billion USD |
| MoneyControl | $5.16 Billion USD |
| MarketWatch | $5.16 Billion USD |
| marketcap.company | $5.16 Billion USD |
| Reuters | $5.16 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Novanta Inc
Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. The company operates Automation Enabling Technologies and Medical Solutions segments. The Precision Medicine and Manufacturing segment designs, manufactures, and markets la… Read more