Novanta vs Vontier
Add, change or remove companies; up to four.
KIRA’s take AI analyst
I put Novanta and Vontier side by side, using each one’s latest annual report. Here is what stands out:
- Vontier is the larger business, with $3.1B of revenue in fiscal 2025 against $981M for Novanta, about 3.1 times as much.
- Vontier kept more of each dollar of sales as operating profit (18.3% operating margin, against 9.6%).
- Vontier turned more of its sales into free cash flow (14.3% FCF margin, against 4.9%).
- Vontier earned a higher return on the capital invested in it (15.8%, against 6.5%).
- Investors pay more for each dollar of Novanta’s earnings: a P/E of 89.7x against 14.2x for Vontier.
Who comes out ahead
Of the 10 measures where higher (or lower) is clearly better, how many each company leads.
Novanta
NOVT
3/10
Revenue growth5-year growthNet debt / EBITDA
Vontier
VNT
7/10
Operating marginNet marginFCF marginReturn on capitalReturn on equityPiotroski F-scoreShare count change
Side by side
Best in the row
| Latest fiscal year | NOVT FY25 | VNT FY25 |
|---|---|---|
| Size | ||
| Market cap | $5.8B | $4.8B |
| Revenue | $981M | $3.1B |
| Free cash flow | $48.4M | $441M |
| Net income | $53.8M | $406M |
| Growth | ||
| Revenue growth | 3.3% | 3.2% |
| 5-year growth | 10.7% | 2.6% |
| Share count change | 1.6% | −4.2% |
| Profitability | ||
| Gross margin | 44.4% | — |
| Operating margin | 9.6% | 18.3% |
| Net margin | 5.5% | 13.2% |
| FCF margin | 4.9% | 14.3% |
| Return on capital | 6.5% | 15.8% |
| Return on equity | 5.2% | 35.4% |
| Balance sheet | ||
| Net debt | −$127M | $1.6B |
| Net debt / EBITDA | −0.8x | 2.6x |
| Dividends and buybacks | $39.3M | $315M |
| Valuation & quality | ||
| P/E | 89.7x | 14.2x |
| Piotroski F-score | 5 | 6 |
Ten years
Revenue
Operating margin
Free cash flow
Return on capital
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.