
Novanta Inc
NASDAQ:NOVT

Operating Margin
Novanta Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
Country | Company | Market Cap |
Operating Margin |
||
---|---|---|---|---|---|
US |
![]() |
Novanta Inc
NASDAQ:NOVT
|
4.3B USD |
13%
|
|
JP |
![]() |
Keyence Corp
TSE:6861
|
13.7T JPY |
52%
|
|
CN |
![]() |
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
|
276.8B CNY |
15%
|
|
SE |
![]() |
Hexagon AB
STO:HEXA B
|
286.3B SEK |
24%
|
|
US |
![]() |
Keysight Technologies Inc
NYSE:KEYS
|
28.3B USD |
17%
|
|
CN |
![]() |
Zhonghang Electronic Measuring Instruments Co Ltd
SZSE:300114
|
193.2B CNY |
5%
|
|
US |
![]() |
Teledyne Technologies Inc
NYSE:TDY
|
25.1B USD |
18%
|
|
US |
![]() |
Trimble Inc
NASDAQ:TRMB
|
19.7B USD |
15%
|
|
UK |
![]() |
Halma PLC
LSE:HLMA
|
12.3B GBP |
19%
|
|
US |
![]() |
Zebra Technologies Corp
NASDAQ:ZBRA
|
16.1B USD |
16%
|
|
IL |
M
|
Mobileye Global Inc
NASDAQ:MBLY
|
11.7B USD |
-161%
|
Novanta Inc
Glance View
Nestled in the robust landscape of innovative technology solutions, Novanta Inc. stands as a pillar of precision and innovation. This Massachusetts-based company crafts its opportunities within the realm of advanced technology, specializing in photonics, vision, and precision motion technologies. Novanta’s journey is characterized by its adeptness in creating value through a blend of engineering prowess and strategic collaborations. Over time, Novanta has cultivated its niche by acquiring specialized companies that align with its mission, enabling it to leverage synergies across a vast landscape of industries including medical and industrial OEMs. By doing so, it meticulously aligns its product offerings with the intricate and evolving demands of global markets. The company's business model is a testament to its strategic direction—combining organic growth with tactical acquisitions that bolster its position in high-growth markets. Revenues are channeled through a diverse portfolio of highly engineered products and solutions, which incorporate lasers, photonics, and precision motion components. These technologies are paramount in sectors demanding extreme precision and reliability such as robotics, semiconductor equipment, and minimally invasive surgery. By focusing on innovation and maintaining a customer-centric approach, Novanta not only fortifies its competitive edge but also secures its reputation as a reliable partner in pushing the boundaries of what technology can achieve. This strategic alignment not only maximizes profitability but also ensures that Novanta remains at the forefront of technological advancement.

See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Novanta Inc's most recent financial statements, the company has Operating Margin of 13.1%.