9 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 7.1% per year over the past 5 years.
Net income has grown in line with revenue (7.1% vs 7.1% per year).
Operating margin has expanded, at 7.9% in the latest year.
Free cash flow has declined 0.5% per year over the past 5 years.
Financial health
Total debt ($1.4B) exceeds cash ($1.2B); net debt is $237M.
Total debt has grown slower than revenue (-11.6% vs 7.1% per year).
Total debt is 4.4× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$2.7B
$47M
54.7%
7.9%
1.5%
0.8%
$230M
$1.4B
$1.2B
2024
$2.5B
-$1.1B
54.7%
-41.4%
-38.1%
-20.9%
$303M
$1.5B
$1.1B
2023
$2.6B
-$100M
56.1%
1.2%
-2.4%
-1.5%
$218M
$1.6B
$940M
2022
$2.6B
$243M
57.4%
12.4%
5.8%
3.7%
$107M
$1.9B
$607M
2021
$2.5B
$341M
56.9%
12.2%
8.4%
5.2%
$307M
$1.7B
$1.1B
2020
$1.9B
$33M
54.7%
2.3%
0.9%
0.5%
$236M
$2.7B
$889M
2019
$2.3B
$218M
59.1%
10.3%
6.1%
3.5%
$320M
$1.3B
$211M
2018
$2.8B
$231M
56.3%
10.5%
4.8%
3.9%
$328M
$0
$0
2017
$2.8B
$301M
57.7%
13.8%
—
5.0%
$310M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jul '26
$731M
$54M
55.7%
11.0%
1.7%
1.0%
$104M
$1.4B
$1.1B
Apr '26
$706M
$39M
55.3%
8.9%
1.3%
0.7%
-$16M
$1.4B
$1.1B
Dec '25
$751M
$33M
54.7%
9.8%
1.1%
0.6%
$92M
$1.4B
$1.2B
Sep '25
$670M
-$30M
55.3%
8.6%
-1.0%
-0.5%
$68M
$1.4B
$1.1B
Jun '25
$682M
$26M
54.2%
6.8%
0.8%
0.5%
$76M
$1.4B
$1.1B
Mar '25
$617M
$18M
54.5%
6.3%
0.6%
0.3%
-$6M
$1.5B
$1.1B
Dec '24
$653M
$1M
57.1%
7.1%
0.0%
0.0%
$124M
$1.5B
$1.1B
Sep '24
$601M
$8M
52.8%
3.5%
0.3%
0.1%
$63M
$1.5B
$991M
Jun '24
$633M
-$1.2B
51.6%
-182.2%
-38.7%
-21.2%
$86M
$1.6B
$1.0B
Mar '24
$624M
$24M
57.1%
7.7%
0.6%
0.4%
$29M
$1.6B
$949M
Dec '23
$646M
-$217M
52.0%
-31.4%
-5.2%
-3.3%
$94M
$1.6B
$940M
Sep '23
$631M
$22M
57.5%
13.2%
0.5%
0.3%
$77M
$1.6B
$824M
Jun '23
$662M
$52M
57.2%
11.9%
1.2%
0.8%
$61M
$1.9B
$652M
Mar '23
$627M
$44M
57.8%
11.5%
1.0%
0.7%
-$14M
$1.9B
$585M
Dec '22
$661M
$74M
55.4%
13.3%
1.7%
1.1%
$93M
$1.9B
$607M
Sep '22
$631M
$48M
57.8%
11.8%
1.2%
0.7%
$20M
$2.0B
$569M
Jul '22
$646M
$47M
57.3%
10.1%
1.2%
0.7%
$10M
$1.9B
$523M
Apr '22
$631M
$75M
59.2%
14.5%
1.9%
1.1%
-$16M
$1.9B
$1.1B
Dec '21
$652M
$86M
52.7%
7.1%
2.1%
1.3%
$127M
$1.7B
$1.1B
Oct '21
$607M
$93M
58.7%
13.5%
2.4%
1.4%
$71M
$1.7B
$639M
Valuation over time
How the market has priced NVST against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 27.0× (Mar '23) to 84.4× (Nov '26).
The price-to-sales ratio has fallen from 2.6× (Mar '23) to 1.5× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is NVST growing its revenue and profit?
Over the past 5 years, Envista Holdings Corp's revenue has grown 7.1% per year, and net income grown 7.1% per year. These are computed facts, not advice.
How much debt does NVST have?
As of FY2025, Envista Holdings Corp reported $1.4B of total debt against $1.2B of cash.
What is NVST's profit margin?
In FY2025, gross margin was 54.7%, operating margin 7.9%, and net margin 1.7%.
What is NVST's P/E ratio?
Envista Holdings Corp's P/E (TTM) is 41.78 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the NVST stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 84.4× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.