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Side-by-side financial comparison of NOVANTA INC (NOVT) and Service Properties Trust (SVC). Click either name above to swap in a different company.

Service Properties Trust is the larger business by last-quarter revenue ($296.5M vs $258.3M, roughly 1.1× NOVANTA INC). NOVANTA INC runs the higher net margin — 6.8% vs -0.3%, a 7.0% gap on every dollar of revenue. On growth, NOVANTA INC posted the faster year-over-year revenue change (8.5% vs -17.0%). NOVANTA INC produced more free cash flow last quarter ($5.1M vs $-95.2M). Over the past eight quarters, NOVANTA INC's revenue compounded faster (5.8% CAGR vs -6.1%).

Novanta Inc is a global technology supplier delivering high-precision photonics, motion control, and machine vision solutions. It serves core segments including medical equipment manufacturing, advanced industrial automation, robotics, and life sciences, helping customers boost product performance and drive innovation worldwide.

Medical Properties Trust, Inc. (MPT) is an international real estate investment trust (REIT) based in Birmingham, Alabama that purchases and invests in healthcare facilities and for-profit healthcare holding companies, primarily in the United States and Europe. Their property acquisitions often come in the form of sale-leaseback agreements, in which the original property owner sells the property to MPT and becomes their tenant. MPT's tenants are generally subject to long-term triple net lease...

NOVT vs SVC — Head-to-Head

Bigger by revenue
SVC
SVC
1.1× larger
SVC
$296.5M
$258.3M
NOVT
Growing faster (revenue YoY)
NOVT
NOVT
+25.5% gap
NOVT
8.5%
-17.0%
SVC
Higher net margin
NOVT
NOVT
7.0% more per $
NOVT
6.8%
-0.3%
SVC
More free cash flow
NOVT
NOVT
$100.3M more FCF
NOVT
$5.1M
$-95.2M
SVC
Faster 2-yr revenue CAGR
NOVT
NOVT
Annualised
NOVT
5.8%
-6.1%
SVC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NOVT
NOVT
SVC
SVC
Revenue
$258.3M
$296.5M
Net Profit
$17.5M
$-782.0K
Gross Margin
43.8%
Operating Margin
9.6%
-3.9%
Net Margin
6.8%
-0.3%
Revenue YoY
8.5%
-17.0%
Net Profit YoY
6.1%
99.0%
EPS (diluted)
$0.46
$-0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NOVT
NOVT
SVC
SVC
Q4 25
$258.3M
$296.5M
Q3 25
$247.8M
$377.6M
Q2 25
$241.0M
$404.4M
Q1 25
$233.4M
$335.0M
Q4 24
$238.1M
$357.0M
Q3 24
$244.4M
$390.9M
Q2 24
$235.9M
$412.5M
Q1 24
$230.9M
$336.2M
Net Profit
NOVT
NOVT
SVC
SVC
Q4 25
$17.5M
$-782.0K
Q3 25
$10.7M
$-46.9M
Q2 25
$4.5M
$-38.2M
Q1 25
$21.2M
$-116.4M
Q4 24
$16.5M
$-76.4M
Q3 24
$19.2M
$-46.9M
Q2 24
$13.8M
$-73.8M
Q1 24
$14.7M
$-78.4M
Gross Margin
NOVT
NOVT
SVC
SVC
Q4 25
43.8%
Q3 25
44.8%
Q2 25
44.3%
Q1 25
44.7%
Q4 24
45.5%
Q3 24
44.7%
Q2 24
44.0%
Q1 24
43.5%
Operating Margin
NOVT
NOVT
SVC
SVC
Q4 25
9.6%
-3.9%
Q3 25
8.8%
-12.8%
Q2 25
6.2%
-9.2%
Q1 25
13.9%
-33.3%
Q4 24
11.2%
-19.4%
Q3 24
13.3%
-12.8%
Q2 24
10.9%
-17.1%
Q1 24
11.1%
-21.4%
Net Margin
NOVT
NOVT
SVC
SVC
Q4 25
6.8%
-0.3%
Q3 25
4.3%
-12.4%
Q2 25
1.9%
-9.4%
Q1 25
9.1%
-34.8%
Q4 24
6.9%
-21.4%
Q3 24
7.9%
-12.0%
Q2 24
5.8%
-17.9%
Q1 24
6.4%
-23.3%
EPS (diluted)
NOVT
NOVT
SVC
SVC
Q4 25
$0.46
$-0.01
Q3 25
$0.30
$-0.28
Q2 25
$0.12
$-0.23
Q1 25
$0.59
$-0.70
Q4 24
$0.45
$-0.46
Q3 24
$0.53
$-0.28
Q2 24
$0.38
$-0.45
Q1 24
$0.41
$-0.48

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NOVT
NOVT
SVC
SVC
Cash + ST InvestmentsLiquidity on hand
$380.9M
$346.8M
Total DebtLower is stronger
$5.5B
Stockholders' EquityBook value
$1.3B
$646.1M
Total Assets
$1.8B
$6.5B
Debt / EquityLower = less leverage
8.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NOVT
NOVT
SVC
SVC
Q4 25
$380.9M
$346.8M
Q3 25
$89.2M
$417.4M
Q2 25
$109.9M
$63.2M
Q1 25
$106.0M
$80.1M
Q4 24
$114.0M
$143.5M
Q3 24
$92.7M
$48.6M
Q2 24
$98.5M
$14.6M
Q1 24
$93.5M
$71.3M
Total Debt
NOVT
NOVT
SVC
SVC
Q4 25
$5.5B
Q3 25
Q2 25
Q1 25
Q4 24
$5.8B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
NOVT
NOVT
SVC
SVC
Q4 25
$1.3B
$646.1M
Q3 25
$801.5M
$647.9M
Q2 25
$801.4M
$695.9M
Q1 25
$769.8M
$734.6M
Q4 24
$745.7M
$851.9M
Q3 24
$742.2M
$929.0M
Q2 24
$702.0M
$1.0B
Q1 24
$681.7M
$1.1B
Total Assets
NOVT
NOVT
SVC
SVC
Q4 25
$1.8B
$6.5B
Q3 25
$1.5B
$7.0B
Q2 25
$1.5B
$6.9B
Q1 25
$1.4B
$7.0B
Q4 24
$1.4B
$7.1B
Q3 24
$1.4B
$7.1B
Q2 24
$1.4B
$7.1B
Q1 24
$1.4B
$7.2B
Debt / Equity
NOVT
NOVT
SVC
SVC
Q4 25
8.52×
Q3 25
Q2 25
Q1 25
Q4 24
6.85×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NOVT
NOVT
SVC
SVC
Operating Cash FlowLast quarter
$8.8M
$-18.5M
Free Cash FlowOCF − Capex
$5.1M
$-95.2M
FCF MarginFCF / Revenue
2.0%
-32.1%
Capex IntensityCapex / Revenue
1.4%
25.9%
Cash ConversionOCF / Net Profit
0.50×
TTM Free Cash FlowTrailing 4 quarters
$48.4M
$-107.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NOVT
NOVT
SVC
SVC
Q4 25
$8.8M
$-18.5M
Q3 25
$8.5M
$98.1M
Q2 25
$15.1M
$-7.0K
Q1 25
$31.7M
$38.2M
Q4 24
$61.6M
$-9.7M
Q3 24
$23.0M
$106.2M
Q2 24
$41.1M
$43.8M
Q1 24
$32.8M
$-926.0K
Free Cash Flow
NOVT
NOVT
SVC
SVC
Q4 25
$5.1M
$-95.2M
Q3 25
$4.2M
$57.9M
Q2 25
$11.7M
$-46.6M
Q1 25
$27.4M
$-23.2M
Q4 24
$59.3M
$-88.9M
Q3 24
$19.5M
$24.1M
Q2 24
$36.2M
$-22.3M
Q1 24
$26.4M
$-77.2M
FCF Margin
NOVT
NOVT
SVC
SVC
Q4 25
2.0%
-32.1%
Q3 25
1.7%
15.3%
Q2 25
4.8%
-11.5%
Q1 25
11.7%
-6.9%
Q4 24
24.9%
-24.9%
Q3 24
8.0%
6.2%
Q2 24
15.3%
-5.4%
Q1 24
11.4%
-23.0%
Capex Intensity
NOVT
NOVT
SVC
SVC
Q4 25
1.4%
25.9%
Q3 25
1.7%
10.6%
Q2 25
1.4%
11.5%
Q1 25
1.8%
18.3%
Q4 24
0.9%
22.2%
Q3 24
1.5%
21.0%
Q2 24
2.1%
16.0%
Q1 24
2.8%
22.7%
Cash Conversion
NOVT
NOVT
SVC
SVC
Q4 25
0.50×
Q3 25
0.80×
Q2 25
3.35×
Q1 25
1.49×
Q4 24
3.74×
Q3 24
1.20×
Q2 24
2.99×
Q1 24
2.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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