Crane NXT vs Novanta
Crane NXT reported revenue of $1.7 billion in fiscal 2025, 1.7 times Novanta's $981 million in fiscal 2025. Crane NXT's revenue grew 11.4% in its latest year, and Novanta's grew 3.3%. Crane NXT had an operating margin of 14.9%, against 9.6% at Novanta. Free cash flow was $198 million at Crane NXT and $48 million at Novanta.
Side by side
| Crane NXT | Novanta | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $1.7B | $981M |
| Revenue growth | 11.4% | 3.3% |
| Revenue growth a year, last 5 years | — | 10.7% |
| Gross margin | 42.5% | 44.4% |
| Operating margin | 14.9% | 9.6% |
| Net margin | 8.8% | 5.5% |
| Free cash flow | $198M | $48M |
| Free cash flow margin | 12.0% | 4.9% |
| Return on capital | 10.4% | 6.5% |
| Net debt to EBITDA | 2.6x | −0.8x |
| Dividends and buybacks | $39M | $39M |
| Change in diluted share count | 0.3% | 1.6% |
| Last close | $56.94 | $144.02 |
| P/E at the last close | 23.6× | 91.7× |
| Insider trades, last 12 months | bought $1.2 million, sold $0 | sold $11.6 million |
| Piotroski F-score | 4 of 9 | 5 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Crane NXTNovanta
Operating margin
Percent of revenue
Crane NXTNovanta
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Crane NXTNovanta
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Crane NXT and Novanta pages.