Methode Electronics vs Novanta
Methode Electronics and Novanta are similar in size: $1.02bn and $981m of revenue in their latest fiscal years. Novanta grew faster (3.3% against -2.8%). Novanta kept more of each dollar of sales as profit: a net margin of 5.5% against -3.5%.
| Latest fiscal year | Methode ElectronicsMEI, 2026 | NovantaNOVT, 2025 |
|---|---|---|
| Revenue | $1.02bn | $981m |
| Revenue growth | -2.8% | 3.3% |
| Net income | −$35.7m | $53.8m |
| Operating margin | — | — |
| Net margin | -3.5% | 5.5% |
| Return on equity | -5.2% | 5.2% |
| Free cash flow | $15.6m | $48.4m |
| Cash | $140m | $381m |
| Total debt | $325m | $251m |
| Debt to equity | — | — |
| Dividend per share | $0.22 | — |
| Dividend yield | 1.4% | — |
| Share buybacks | $0 | $39.3m |
| Employees | — | 3,000 |
| Market value | $539m | $5.61bn |
| Price vs our value range | — | Above our value range |
| Moat score | 41 (Weak) | 71 (Strong) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 45 sales |