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Novanta Inc
NASDAQ:NOVT

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Novanta Inc
NASDAQ:NOVT
Watchlist
Price: 165.52 USD 1.55% Market Closed
Updated: May 21, 2024

Gross Margin
Novanta Inc

45.1%
Current
44%
Average
24.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
45.1%
=
Gross Profit
402.7m
/
Revenue
893.5m

Gross Margin Across Competitors

Country US
Market Cap 5.9B USD
Gross Margin
45%
Country JP
Market Cap 17.7T JPY
Gross Margin
83%
Country CN
Market Cap 306.7B CNY
Gross Margin
44%
Country SE
Market Cap 322.9B SEK
Gross Margin
65%
Country US
Market Cap 27.9B USD
Gross Margin
65%
Country IL
Market Cap 22.3B USD
Gross Margin
48%
Country US
Market Cap 19.3B USD
Gross Margin
43%
Country US
Market Cap 16.5B USD
Gross Margin
46%
Country US
Market Cap 14B USD
Gross Margin
62%
Country UK
Market Cap 8.8B GBP
Gross Margin
0%
Country US
Market Cap 8.9B USD
Gross Margin
31%

Profitability Report

View the profitability report to see the full profitability analysis for Novanta Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
45.1%
=
Gross Profit
402.7m
/
Revenue
893.5m
What is the Gross Margin of Novanta Inc?

Based on Novanta Inc's most recent financial statements, the company has Gross Margin of 45.1%.