IPGP vs NOVT
IPGP: IPG Photonics is the global leader in high-power fiber laser technology, enabling precision manufacturing across industries ranging from automotive to medical. NOVT: Novanta provides precision motion, photonics, and vision technology solutions that enable advanced industrial and medical equipment.
Side-by-side fundamentals
| Metric | IPGP | NOVT | Edge |
|---|---|---|---|
| Price as of 2026-10-21 close | $74.03 | $139.94 | |
| Market cap | $3.1B | $5.3B | |
| P/E as of 2026-10-21 | 113.89 (earnings are mostly non-operating: 80% of trailing pre-tax income, to 2026-06-30) | 88.57 | |
| Net margin FY2025, SEC XBRL | +3.1% | +5.5% | NOVT higher |
| Gross margin FY2025, SEC XBRL | +38.0% | +44.4% | NOVT higher |
| Operating margin FY2025, SEC XBRL | +1.3% | +9.6% | NOVT higher |
| ROE FY2025, SEC XBRL | +1.5% | +4.1% | NOVT higher |
| ROA FY2025, SEC XBRL | +1.3% | +3.0% | NOVT higher |
| Debt / equity filed borrowings, leases excl., balance sheet 2026-07-03 | n/a | 0.14 | |
| Revenue growth (YoY) FY2025, SEC XBRL | +2.7% | +3.3% | NOVT higher |
| Revenue CAGR (3y) SEC XBRL | -11.1% | +4.4% | NOVT higher |
| Dividend streak (yrs) SEC XBRL | 0 | 0 | Tie |
| Beta as of 2026-09-02 | 1.67 | 1.63 | |
| 1-year return as of 2026-10-21 close | -15.9% | +23.8% | NOVT higher |
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.