Novanta Inc
NASDAQ:NOVT

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Novanta Inc
NASDAQ:NOVT
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Price: 170.25 USD 0.05% Market Closed
Market Cap: 6.1B USD
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Gross Margin
Novanta Inc

44.4%
Current
44%
Average
24.6%
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
44.4%
=
Gross Profit
409.9m
/
Revenue
922.8m

Gross Margin Across Competitors

Country US
Market Cap 6.1B USD
Gross Margin
44%
Country JP
Market Cap 15.7T JPY
Gross Margin
83%
Country CN
Market Cap 295.1B CNY
Gross Margin
44%
Country US
Market Cap 26.7B USD
Gross Margin
63%
Country SE
Market Cap 253.4B SEK
Gross Margin
67%
Country US
Market Cap 22.4B USD
Gross Margin
43%
Country US
Market Cap 20.5B USD
Gross Margin
48%
Country US
Market Cap 17.5B USD
Gross Margin
62%
Country IL
Market Cap 13.3B USD
Gross Margin
47%
Country US
Market Cap 12.5B USD
Gross Margin
37%
Country UK
Market Cap 9.7B GBP
Gross Margin
50%

Profitability Report

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

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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
44.4%
=
Gross Profit
409.9m
/
Revenue
922.8m
What is the Gross Margin of Novanta Inc?

Based on Novanta Inc's most recent financial statements, the company has Gross Margin of 44.4%.