Novanta vs Rogers
Novanta is the larger business, with $981m of revenue in fiscal 2025 against $811m for Rogers (1.2 times as much). Novanta grew faster (3.3% against -2.3%). Novanta kept more of each dollar of sales as profit: a net margin of 5.5% against -7.6%.
| Latest fiscal year | NovantaNOVT, 2025 | RogersROG, 2025 |
|---|---|---|
| Revenue | $981m | $811m |
| Revenue growth | 3.3% | -2.3% |
| Net income | $53.8m | −$61.8m |
| Operating margin | — | — |
| Net margin | 5.5% | -7.6% |
| Return on equity | 5.2% | -5.1% |
| Free cash flow | $48.4m | $71.1m |
| Cash | $381m | $197m |
| Total debt | $251m | $0 |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $39.3m | $52.4m |
| Employees | 3,000 | 3,000 |
| Market value | $5.61bn | $2.37bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 71 (Strong) | 52 (Moderate) |
| Insider trades, 12 months | 0 buys, 45 sales | 0 buys, 0 sales |