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 2026-08-21 close | $73.26 | $145.24 | |
| Market cap as of 2026-08-24 | $3.1B | $5.5B | |
| P/E as of 2026-08-24 | 134.75 | 102.95 | NOVT lower |
| PEG as of 2026-08-24 | 4.34 | n/a | |
| Net margin as of 2026-08-24 | +2.6% | +6.0% | NOVT higher |
| Gross margin as of 2026-08-24 | +38.4% | +44.5% | NOVT higher |
| Operating margin as of 2026-08-24 | +0.8% | +9.0% | NOVT higher |
| ROE as of 2026-08-24 | +1.3% | +4.9% | NOVT higher |
| ROA as of 2026-08-24 | +1.1% | +3.4% | NOVT higher |
| Debt / equity as of 2026-08-24 | 0.00 | 0.14 | IPGP lower |
| Revenue growth (YoY) as of 2026-08-24 | +13.0% | +7.6% | IPGP higher |
| Revenue CAGR (3y) SEC XBRL | -11.1% | +4.4% | NOVT higher |
| Beta as of 2026-08-24 | 0.97 | 1.74 | |
| 1-year return as of 2026-08-21 close | -6.8% | +25.7% | NOVT higher |
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
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.