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
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
FCF
Total debt
Cash
2025
$2.7B
$47M
54.7%
7.9%
$230M
$1.4B
$1.2B
2024
$2.5B
-$1.1B
54.7%
-41.4%
$303M
$1.5B
$1.1B
2023
$2.6B
-$100M
56.1%
1.2%
$218M
$1.6B
$940M
2022
$2.6B
$243M
57.4%
12.4%
$107M
$1.9B
$607M
2021
$2.5B
$341M
56.9%
12.2%
$307M
$1.7B
$1.1B
2020
$1.9B
$33M
54.7%
2.3%
$236M
$2.7B
$889M
2019
$2.3B
$218M
59.1%
10.3%
$320M
$1.3B
$211M
2018
$2.8B
$231M
56.3%
10.5%
$328M
$0
$0
2017
$2.8B
$301M
57.7%
13.8%
$310M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Apr '26
$706M
$39M
55.3%
8.9%
-$16M
$1.4B
$1.1B
Dec '25
$751M
$33M
54.7%
9.8%
$92M
$1.4B
$1.2B
Sep '25
$670M
-$30M
55.3%
8.6%
$68M
$1.4B
$1.1B
Jun '25
$682M
$26M
54.2%
6.8%
$76M
$1.4B
$1.1B
Mar '25
$617M
$18M
54.5%
6.3%
-$6M
$1.5B
$1.1B
Dec '24
$653M
$1M
57.1%
7.1%
$124M
$1.5B
$1.1B
Sep '24
$601M
$8M
52.8%
3.5%
$63M
$1.5B
$991M
Jun '24
$633M
-$1.2B
51.6%
-182.2%
$86M
$1.6B
$1.0B
Mar '24
$624M
$24M
57.1%
7.7%
$29M
$1.6B
$949M
Dec '23
$646M
-$217M
52.0%
-31.4%
$94M
$1.6B
$940M
Sep '23
$631M
$22M
57.5%
13.2%
$77M
$1.6B
$824M
Jun '23
$662M
$52M
57.2%
11.9%
$61M
$1.9B
$652M
Mar '23
$627M
$44M
57.8%
11.5%
-$14M
$1.9B
$585M
Dec '22
$661M
$74M
55.4%
13.3%
$93M
$1.9B
$607M
Sep '22
$631M
$48M
57.8%
11.8%
$20M
$2.0B
$569M
Jul '22
$646M
$47M
57.3%
10.1%
$10M
$1.9B
$523M
Apr '22
$631M
$75M
59.2%
14.5%
-$16M
$1.9B
$1.1B
Dec '21
$652M
$86M
52.7%
7.1%
$127M
$1.7B
$1.1B
Oct '21
$607M
$93M
58.7%
13.5%
$71M
$1.7B
$639M
Jul '21
$637M
$90M
57.8%
13.1%
$101M
$1.7B
$554M
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 27.4× (Mar '23) to 92.2× (Jun '26).
The price-to-sales ratio has fallen from 2.6× (Mar '23) to 1.6× (Jun '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?
As of Jun '26, Envista Holdings Corp traded at a price-to-earnings ratio of about 92.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.