Envista (NVST) Financials

$22.90 -0.25 (-1.06%)

As of 01:54 PM Eastern

Annual Income Statements for Envista

This table shows Envista's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	231	218	33	341	243	-100	-1,119	47
Consolidated Net Income / (Loss)	231	218	33	341	243	-100	-1,119	47
Net Income / (Loss) Continuing Operations	231	184	43	264	238	-100	-1,119	47
Total Pre-Tax Income	301	234	-20	255	284	-55	-1,085	177
Total Operating Income	298	236	44	306	319	32	-1,038	216
Total Gross Profit	1,602	1,349	1,055	1,427	1,475	1,441	1,373	1,487
Total Revenue	2,845	2,285	1,929	2,509	2,569	2,567	2,511	2,720
Operating Revenue	2,845	2,285	1,929	2,509	2,569	2,567	2,511	2,720
Total Cost of Revenue	1,243	936	874	1,082	1,094	1,126	1,138	1,233
Operating Cost of Revenue	1,243	936	874	1,082	1,094	1,126	1,138	1,233
Total Operating Expenses	1,303	1,114	1,011	1,120	1,156	1,409	2,411	1,271
Selling, General & Admin Expense	1,131	980	925	1,020	1,056	1,057	1,158	1,157
Research & Development Expense	172	133	87	101	100	94	99	114
Impairment Charge	-	-	-	0.00	0.00	258	1,154	0.00
Total Other Income / (Expense), net	2.70	-2.00	-64	-52	-35	-86	-47	-39
Interest & Investment Income	-	-	-	-	-38	-63	-46	-37
Other Income / (Expense), net	2.70	1.50	-1.00	2.40	3.10	-23	-0.10	-2.30
Income Tax Expense	70	50	-63	-9.00	46	45	34	130
Basic Earnings per Share	$1.80	$1.60	$0.21	$2.11	$1.49	($0.60)	($6.50)	$0.28
Weighted Average Basic Shares Outstanding	127.90M	136.20M	159.60M	161.20M	162.90M	166.90M	172.20M	168M
Diluted Earnings per Share	$1.80	$1.60	$0.20	$1.92	$1.37	($0.60)	($6.50)	$0.28
Weighted Average Diluted Shares Outstanding	127.90M	136.40M	164.10M	177.60M	177.60M	166.90M	172.20M	169.20M
Weighted Average Basic & Diluted Shares Outstanding	-	-	160.08M	161.83M	163.23M	171.55M	172.19M	163.88M

This table shows Envista's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/29/2023	12/31/2023	3/29/2024	6/28/2024	9/27/2024	12/31/2024	3/28/2025	6/27/2025	9/26/2025	12/31/2025	4/3/2026
Net Income / (Loss) Attributable to Common Shareholders	22	-217	24	-1,152	8.20	1.20	18	26	-30	33	39
Consolidated Net Income / (Loss)	22	-217	24	-1,152	8.20	1.20	18	26	-30	33	39
Net Income / (Loss) Continuing Operations	22	-217	24	-1,152	8.20	1.20	18	26	-30	33	39
Total Pre-Tax Income	36	-215	35	-1,166	9.60	37	29	41	50	58	52
Total Operating Income	83	-203	48	-1,153	21	46	39	46	58	73	63
Total Gross Profit	363	336	356	327	317	373	336	370	370	411	390
Total Revenue	631	646	624	633	601	653	617	682	670	751	706
Operating Revenue	631	646	624	633	601	653	617	682	670	751	706
Total Cost of Revenue	268	310	267	307	284	280	281	312	300	340	315
Operating Cost of Revenue	268	310	267	307	284	280	281	312	300	340	315
Total Operating Expenses	280	539	308	1,480	296	326	297	324	313	337	328
Selling, General & Admin Expense	258	260	285	303	271	300	272	295	284	305	298
Research & Development Expense	22	20	23	24	26	27	25	28	28	32	30
Total Other Income / (Expense), net	-48	-12	-13	-13	-11	-9.60	-10	-5.60	-7.60	-16	-10
Interest & Investment Income	-15	-	-13	-12	-12	-	-9.30	-8.00	-9.00	-10	-7.40
Other Income / (Expense), net	-32	1.70	0.10	-1.10	0.60	0.30	-0.70	2.40	1.40	-5.40	-2.90
Income Tax Expense	14	2.40	12	-15	1.40	35	11	14	80	25	14
Basic Earnings per Share	$0.13	($1.32)	$0.14	($6.69)	$0.05	-	$0.10	$0.16	($0.18)	$0.20	$0.24
Weighted Average Basic Shares Outstanding	168.20M	166.90M	171.90M	172.10M	172.20M	172.20M	172.40M	169M	166.10M	168M	163.90M
Diluted Earnings per Share	$0.12	($1.26)	$0.14	($6.69)	$0.05	-	$0.10	$0.16	($0.18)	$0.20	$0.23
Weighted Average Diluted Shares Outstanding	175.20M	166.90M	173.40M	172.10M	172.90M	172.20M	173.60M	169.90M	166.10M	169.20M	166.40M
Weighted Average Basic & Diluted Shares Outstanding	171.40M	171.55M	171.86M	171.95M	172.10M	172.19M	169.49M	166.18M	164.43M	163.88M	162.73M

This table details how cash moves in and out of Envista's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	0.00	211	678	185	-467	333	129	143
Net Cash From Operating Activities	400	398	284	362	183	276	337	276
Net Cash From Continuing Operating Activities	400	398	284	362	183	276	337	276
Net Income / (Loss) Continuing Operations	231	218	33	341	243	-100	-1,119	47
Consolidated Net Income / (Loss)	231	218	33	341	243	-100	-1,119	47
Depreciation Expense	39	39	42	41	32	36	41	40
Amortization Expense	91	129	134	134	134	104	87	115
Non-Cash Adjustments To Reconcile Net Income	18	28	89	49	45	344	1,259	54
Changes in Operating Assets and Liabilities, net	21	-16	-15	-203	-272	-108	68	20
Net Cash From Investing Activities	-76	-78	-69	263	-657	-62	-55	-51
Net Cash From Continuing Investing Activities	-76	-78	-69	263	-657	-62	-55	-51
Purchase of Property, Plant & Equipment	-72	-78	-48	-55	-76	-58	-34	-45
Purchase of Investments	-3.30	-	-	-	0.00	0.00	-33	-9.90
Sale of Property, Plant & Equipment	0.00	1.60	5.30	12	3.30	6.10	0.10	0.50
Divestitures	-	0.00	0.00	313	74	11	0.40	0.00
Sale and/or Maturity of Investments	-	-	14	11	56	0.00	9.30	10
Other Investing Activities, net	-	-2.20	0.00	-16	-19	-21	2.20	-6.80
Net Cash From Financing Activities	-325	-108	493	-466	13	119	-104	-171
Net Cash From Continuing Financing Activities	-325	-108	493	-466	13	119	-104	-171
Repayment of Debt	0.00	1,315	-263	-478	-125	-385	-101	-116
Repurchase of Common Equity	-	-	-	-	-	0.00	0.00	-167
Issuance of Debt	0.00	0.00	767	0.00	124	500	0.00	115
Other Financing Activities, net	0.00	-1,950	-12	12	13	3.40	-2.90	-3.40
Effect of Exchange Rate Changes	-	-0.20	-30	26	-4.60	0.90	-49	89
Cash Interest Paid	0.00	7.70	57	36	38	63	55	46
Cash Income Taxes Paid	26	31	29	84	119	99	33	80

This table details how cash moves in and out of Envista's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/29/2023	12/31/2023	3/29/2024	6/28/2024	9/27/2024	12/31/2024	3/28/2025	6/27/2025	9/26/2025	12/31/2025	4/3/2026
Net Change in Cash & Equivalents	173	116	8.50	88	-45	78	8.20	33	23	78	-129
Net Cash From Operating Activities	96	102	40	93	71	132	0.30	89	79	108	-3.30
Net Cash From Continuing Operating Activities	96	102	40	92	72	132	0.30	89	79	108	-3.30
Net Income / (Loss) Continuing Operations	22	-217	24	-1,152	8.20	1.20	18	26	-30	33	39
Consolidated Net Income / (Loss)	22	-217	24	-1,152	8.20	1.20	18	26	-30	33	39
Depreciation Expense	8.90	9.20	9.50	12	11	9.20	9.10	11	10	10	10
Amortization Expense	25	25	24	31	5.10	20	20	20	20	55	20
Non-Cash Adjustments To Reconcile Net Income	43	271	23	1,185	36	22	18	21	20	-5.00	27
Changes in Operating Assets and Liabilities, net	-3.00	15	-40	16	12	80	-64	11	59	15	-99
Net Cash From Investing Activities	-25	-13	-11	-5.90	-31	-7.40	-8.80	-17	-9.70	-16	-69
Net Cash From Continuing Investing Activities	-25	-13	-11	-5.90	-31	-7.40	-8.80	-17	-9.70	-16	-69
Purchase of Property, Plant & Equipment	-18	-8.20	-11	-6.80	-7.40	-8.60	-5.90	-12	-11	-16	-13
Acquisitions	-	-	-	-	-	-	-3.60	-	-	-	-54
Purchase of Investments	-	-	0.00	-	-	-0.20	-0.70	-0.30	-8.60	-0.30	-3.40
Sale of Property, Plant & Equipment	-	-	0.00	-	-	-	0.50	-	-	-	0.10
Sale and/or Maturity of Investments	-	1.60	0.00	-	-	3.00	0.70	0.20	9.00	0.50	0.50
Other Investing Activities, net	-6.60	-12	0.30	0.50	0.60	-1.70	0.20	-4.70	0.70	0.60	0.80
Net Cash From Financing Activities	115	3.30	-2.60	0.30	-101	-0.90	-18	-86	-42	-25	-46
Net Cash From Continuing Financing Activities	115	3.30	-2.60	0.30	-101	-0.90	-18	-86	-42	-25	-46
Repayment of Debt	-386	-0.40	-0.60	-0.20	-100	-	0.00	-116	-	-	-0.40
Repurchase of Common Equity	-	-	0.00	-	-	-	-15	-86	-42	-24	-43
Other Financing Activities, net	0.20	3.70	-2.00	0.50	-0.50	-0.90	-3.00	0.20	0.30	-0.90	-2.50
Effect of Exchange Rate Changes	-13	23	-19	0.20	16	-46	34	48	-4.00	11	-11
Cash Interest Paid	13	15	17	13	16	9.30	13	9.70	4.00	19	12
Cash Income Taxes Paid	16	49	3.80	12	14	3.10	5.20	16	21	37	11

This table presents Envista's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	5,842	6,158	6,876	6,574	6,587	6,605	5,351	5,679
Total Current Assets	787	1,002	1,591	1,836	1,425	1,744	1,788	2,027
Cash & Equivalents	0.00	211	889	1,074	607	940	1,069	1,212
Accounts Receivable	460	444	302	332	394	408	363	430
Inventories, net	279	278	216	264	301	259	241	288
Prepaid Expenses	48	69	70	154	123	137	115	97
Plant, Property, & Equipment, net	262	290	275	264	294	310	277	297
Total Noncurrent Assets	4,793	4,866	5,011	4,474	4,869	4,552	3,285	3,356
Goodwill	3,326	3,306	3,207	3,132	3,497	3,292	2,262	2,358
Intangible Assets	1,390	1,286	1,153	1,046	1,087	954	650	627
Other Noncurrent Operating Assets	77	275	282	296	286	306	373	370
Total Liabilities & Shareholders' Equity	5,842	6,158	6,876	6,574	6,587	6,605	5,351	5,679
Total Liabilities	1,015	2,616	3,155	2,516	2,380	2,431	2,416	2,573
Total Current Liabilities	641	709	1,685	1,208	1,237	781	879	853
Accounts Payable	217	208	203	186	228	180	175	192
Other Current Liabilities	424	497	499	586	498	486	588	661
Total Noncurrent Liabilities	374	1,906	1,470	1,308	1,143	1,650	1,537	1,720
Long-Term Debt	0.00	1,321	908	883	871	1,398	1,278	1,448
Other Noncurrent Operating Liabilities	374	585	500	425	273	252	259	272
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	4,826	3,543	3,721	4,058	4,207	4,174	2,935	3,106
Total Preferred & Common Equity	4,823	3,540	3,721	4,058	4,207	4,174	2,935	3,106
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	4,823	3,540	3,721	4,058	4,207	4,174	2,935	3,106
Common Stock	0.00	3,591	3,686	3,734	3,701	3,760	3,844	3,884
Retained Earnings	0.00	93	126	467	731	631	-487	-440
Treasury Stock	-	-	-	-	-	-	-51	-225
Accumulated Other Comprehensive Income / (Loss)	-78	-144	-92	-144	-225	-217	-371	-113

This table presents Envista's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/29/2023	3/29/2024	6/28/2024	9/27/2024	3/28/2025	6/27/2025	9/26/2025	4/3/2026
Total Assets	6,412	6,575	6,607	6,684	6,556	5,438	5,511	5,466	5,664	5,643	5,578
Total Current Assets	1,366	1,414	1,489	1,641	1,772	1,822	1,797	1,850	1,935	1,948	1,919
Cash & Equivalents	569	585	652	824	949	1,036	991	1,077	1,111	1,134	1,083
Accounts Receivable	392	402	415	417	413	381	392	393	423	406	437
Inventories, net	291	307	297	279	267	264	266	261	282	291	300
Prepaid Expenses	114	120	125	121	143	141	148	118	120	118	99
Plant, Property, & Equipment, net	277	298	300	304	306	291	292	280	287	288	299
Total Noncurrent Assets	4,769	4,863	4,818	4,739	4,478	3,325	3,422	3,337	3,443	3,406	3,360
Goodwill	3,400	3,506	3,494	3,458	3,260	2,284	2,334	2,303	2,370	2,363	2,360
Intangible Assets	1,064	1,066	1,043	1,001	919	698	696	650	666	646	633
Other Noncurrent Operating Assets	305	291	281	280	300	344	392	383	407	397	367
Total Liabilities & Shareholders' Equity	6,412	6,575	6,607	6,684	6,556	5,438	5,511	5,466	5,664	5,643	5,578
Total Liabilities	2,454	2,296	2,296	2,391	2,416	2,461	2,438	2,430	2,525	2,554	2,499
Total Current Liabilities	1,258	1,150	1,151	747	781	821	866	873	794	822	787
Accounts Payable	190	187	177	169	175	172	172	164	172	156	170
Other Current Liabilities	489	452	463	463	491	533	578	594	622	666	617
Total Noncurrent Liabilities	1,196	1,146	1,145	1,644	1,635	1,640	1,573	1,557	1,732	1,733	1,712
Long-Term Debt	852	874	876	1,381	1,391	1,389	1,306	1,296	1,445	1,445	1,439
Other Noncurrent Operating Liabilities	344	273	270	263	244	251	267	261	286	287	273
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	3,958	4,279	4,311	4,293	4,140	2,977	3,073	3,036	3,139	3,088	3,080
Total Preferred & Common Equity	3,958	4,279	4,311	4,293	4,140	2,977	3,073	3,036	3,139	3,088	3,080
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	3,958	4,279	4,311	4,293	4,140	2,977	3,073	3,036	3,139	3,088	3,080
Common Stock	3,691	3,714	3,721	3,751	3,769	3,775	3,785	3,852	3,862	3,874	3,898
Retained Earnings	658	775	827	849	655	-497	-489	-469	-443	-473	-402
Treasury Stock	-	-	-	-	-	-	-	-73	-157	-199	-274
Accumulated Other Comprehensive Income / (Loss)	-391	-211	-237	-307	-284	-302	-224	-273	-124	-113	-143

This table displays calculated financial ratios and metrics derived from Envista's official financial filings.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	-19.68%	-15.57%	30.06%	2.40%	-0.10%	-2.18%	8.32%
EBITDA Growth	0.00%	-5.98%	-45.97%	120.91%	0.97%	-69.56%	-712.17%	140.50%
EBIT Growth	0.00%	-21.22%	-82.08%	626.12%	4.44%	-97.36%	-12,315.29%	120.59%
NOPAT Growth	0.00%	-18.79%	-83.60%	941.14%	-15.59%	-91.76%	-3,395.87%	107.89%
Net Income Growth	0.00%	-5.68%	-84.70%	922.52%	-28.61%	-141.22%	-1,016.37%	104.20%
EPS Growth	0.00%	-11.11%	-87.50%	860.00%	-28.65%	-143.80%	-983.33%	104.31%
Operating Cash Flow Growth	0.00%	-0.65%	-28.58%	27.37%	-49.47%	50.90%	22.05%	-18.07%
Free Cash Flow Firm Growth	0.00%	0.00%	7.92%	-14.47%	-228.30%	160.66%	197.73%	-103.36%
Invested Capital Growth	0.00%	-3.52%	-7.59%	-0.26%	16.05%	-4.69%	-31.33%	2.54%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	7.69%	0.35%	-0.59%	0.29%	3.73%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	-12.21%	9.31%	-66.90%	19.13%	18.40%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-17.55%	15.19%	-97.16%	19.25%	11.18%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-25.37%	14.40%	-91.54%	19.34%	209.58%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-6.22%	-4.82%	-152.54%	16.35%	207.19%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-9.43%	-4.20%	-155.56%	16.24%	250.00%
Operating Cash Flow Q/Q Growth	0.00%	-0.65%	2.31%	-13.70%	-12.33%	-2.92%	9.93%	-8.13%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-42.99%	120.49%	35.44%	-121.07%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	3.33%	-4.39%	-6.93%	-1.67%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	56.31%	59.05%	54.68%	56.86%	57.41%	56.13%	54.68%	54.67%
EBITDA Margin	15.16%	17.74%	11.35%	19.28%	19.01%	5.79%	-36.26%	13.56%
Operating Margin	10.49%	10.32%	2.25%	12.20%	12.42%	1.23%	-41.35%	7.95%
EBIT Margin	10.59%	10.38%	2.20%	12.30%	12.55%	0.33%	-41.36%	7.86%
Profit (Net Income) Margin	8.11%	9.52%	1.73%	13.57%	9.46%	-3.90%	-44.56%	1.73%
Tax Burden Percent	76.62%	93.11%	-166.50%	133.79%	85.63%	182.51%	103.13%	26.52%
Interest Burden Percent	100.00%	98.52%	-47.06%	82.47%	88.09%	-645.88%	104.47%	82.88%
Effective Tax Rate	23.38%	21.22%	0.00%	-3.54%	16.17%	0.00%	0.00%	73.48%
Return on Invested Capital (ROIC)	4.74%	3.92%	0.68%	7.38%	5.77%	0.45%	-18.15%	1.74%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	9.65%	1.02%	13.13%	0.91%	-17.70%	-105.37%	-1.94%
Return on Net Nonoperating Assets (RNNOA)	0.00%	1.28%	0.24%	1.38%	0.11%	-2.84%	-13.32%	-0.18%
Return on Equity (ROE)	0.00%	5.20%	0.92%	8.75%	5.88%	-2.39%	-31.47%	1.56%
Cash Return on Invested Capital (CROIC)	0.00%	7.50%	8.57%	7.64%	-9.08%	5.25%	19.00%	-0.77%
Operating Return on Assets (OROA)	5.15%	3.95%	0.65%	4.59%	4.90%	0.13%	-17.37%	3.88%
Return on Assets (ROA)	3.95%	3.63%	0.51%	5.06%	3.69%	-1.52%	-18.71%	0.85%
Return on Common Equity (ROCE)	0.00%	5.20%	0.92%	8.75%	5.88%	-2.39%	-31.47%	1.56%
Return on Equity Simple (ROE_SIMPLE)	4.78%	6.15%	0.90%	8.39%	5.78%	-2.40%	-38.12%	0.00%
Net Operating Profit after Tax (NOPAT)	229	186	30	317	268	22	-727	57
NOPAT Margin	8.04%	8.13%	1.58%	12.64%	10.42%	0.86%	-28.95%	2.11%
Net Nonoperating Expense Percent (NNEP)	0.00%	-5.73%	-0.34%	-5.75%	4.86%	18.15%	87.22%	3.67%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	4.79%	0.39%	-16.79%	1.26%
Cost of Revenue to Revenue	43.69%	40.95%	45.32%	43.14%	42.59%	43.87%	45.32%	45.33%
SG&A Expenses to Revenue	39.78%	42.91%	47.93%	40.65%	41.08%	41.18%	46.12%	42.53%
R&D to Revenue	6.05%	5.83%	4.49%	4.01%	3.90%	3.65%	3.95%	4.19%
Operating Expenses to Revenue	45.82%	48.74%	52.42%	44.65%	44.98%	54.90%	96.03%	46.72%
Earnings before Interest and Taxes (EBIT)	301	237	43	309	322	8.50	-1,038	214
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	431	405	219	484	489	149	-910	369
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.12	1.33	1.45	1.79	1.30	0.99	1.13	1.15
Price to Tangible Book Value (P/TBV)	5.49	0.00	0.00	0.00	0.00	0.00	144.34	29.53
Price to Revenue (P/Rev)	0.21	2.06	2.79	2.90	2.14	1.61	1.32	1.31
Price to Earnings (P/E)	2.55	21.61	161.70	21.35	22.58	0.00	0.00	75.95
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	39.18%	4.63%	0.62%	4.68%	4.43%	0.00%	0.00%	1.32%
Enterprise Value to Invested Capital (EV/IC)	0.12	1.25	1.46	1.75	1.26	0.99	1.12	1.14
Enterprise Value to Revenue (EV/Rev)	0.21	2.55	3.26	2.99	2.44	1.83	1.45	1.40
Enterprise Value to EBITDA (EV/EBITDA)	1.37	14.36	28.72	15.53	12.82	31.59	0.00	10.32
Enterprise Value to EBIT (EV/EBIT)	1.97	24.53	148.02	24.35	19.43	552.63	0.00	17.80
Enterprise Value to NOPAT (EV/NOPAT)	2.59	31.34	206.59	23.70	23.41	213.03	0.00	66.41
Enterprise Value to Operating Cash Flow (EV/OCF)	1.48	14.64	22.16	20.78	34.28	17.04	10.83	13.81
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	16.36	16.39	22.89	0.00	18.39	4.79	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.37	0.48	0.32	0.33	0.36	0.48	0.47
Long-Term Debt to Equity	0.00	0.37	0.24	0.22	0.21	0.34	0.44	0.47
Financial Leverage	0.00	0.13	0.23	0.10	0.12	0.16	0.13	0.09
Leverage Ratio	1.21	1.43	1.79	1.73	1.59	1.57	1.68	1.83
Compound Leverage Factor	1.21	1.41	-0.84	1.43	1.40	-10.17	1.76	1.51
Debt to Total Capital	0.00%	27.22%	32.54%	24.49%	24.71%	26.61%	32.21%	31.80%
Short-Term Debt to Total Capital	0.00%	0.08%	16.08%	8.05%	9.13%	2.03%	2.68%	0.00%
Long-Term Debt to Total Capital	0.00%	27.14%	16.46%	16.44%	15.58%	24.58%	29.53%	31.80%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.07%	0.05%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	99.93%	72.73%	67.46%	75.51%	75.29%	73.39%	67.79%	68.20%
Debt to EBITDA	0.00	3.27	8.19	2.72	2.83	10.18	-1.53	3.93
Net Debt to EBITDA	0.00	2.75	4.14	0.50	1.58	3.86	-0.36	0.64
Long-Term Debt to EBITDA	0.00	3.26	4.14	1.83	1.78	9.40	-1.40	3.93
Debt to NOPAT	0.00	7.14	58.93	4.15	5.16	68.63	-1.92	25.27
Net Debt to NOPAT	0.00	6.00	29.74	0.76	2.89	26.00	-0.45	4.13
Long-Term Debt to NOPAT	0.00	7.11	29.81	2.79	3.25	63.41	-1.76	25.27
Altman Z-Score	1.04	1.66	1.33	2.48	2.13	1.72	0.73	1.58
Noncontrolling Interest Sharing Ratio	0.07%	0.07%	0.04%	0.01%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	1.23	1.41	0.94	1.52	1.15	2.23	2.04	2.38
Quick Ratio	0.72	0.92	0.71	1.16	0.81	1.73	1.63	1.93
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	356	384	328	-421	255	761	-26
Operating Cash Flow to CapEx	554.16%	521.65%	669.58%	838.98%	252.35%	529.17%	998.52%	615.40%
Free Cash Flow to Firm to Interest Expense	0.00	101.59	6.14	6.07	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	113.57	4.54	6.68	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	91.80	3.86	5.89	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.49	0.38	0.30	0.37	0.39	0.39	0.42	0.49
Accounts Receivable Turnover	6.19	5.06	5.18	7.92	7.08	6.41	6.52	6.86
Inventory Turnover	4.46	3.36	3.54	4.51	3.88	4.02	4.55	4.66
Fixed Asset Turnover	10.87	8.28	6.83	9.31	9.21	8.51	8.56	9.48
Accounts Payable Turnover	5.72	4.40	4.26	5.58	5.29	5.52	6.43	6.73
Days Sales Outstanding (DSO)	59.00	72.16	70.51	46.09	51.53	56.96	56.01	53.19
Days Inventory Outstanding (DIO)	81.86	108.57	103.10	80.90	94.16	90.70	80.16	78.33
Days Payable Outstanding (DPO)	63.85	82.98	85.69	65.47	69.06	66.10	56.79	54.21
Cash Conversion Cycle (CCC)	77.01	97.75	87.92	61.52	76.63	81.56	79.38	77.31
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	4,826	4,657	4,303	4,292	4,981	4,747	3,260	3,343
Invested Capital Turnover	0.59	0.48	0.43	0.58	0.55	0.53	0.63	0.82
Increase / (Decrease) in Invested Capital	0.00	-170	-353	-11	689	-233	-1,487	83
Enterprise Value (EV)	592	5,819	6,291	7,514	6,264	4,697	3,645	3,806
Market Capitalization	589	4,702	5,385	7,271	5,490	4,124	3,320	3,570
Book Value per Share	$37.71	$22.31	$23.31	$25.15	$25.80	$24.35	$17.05	$18.89
Tangible Book Value per Share	$0.84	($6.63)	($4.01)	($0.75)	($2.31)	($0.42)	$0.13	$0.74
Total Capital	4,826	4,868	5,516	5,374	5,588	5,687	4,329	4,555
Total Debt	0.00	1,325	1,795	1,316	1,381	1,513	1,394	1,448
Total Long-Term Debt	0.00	1,321	908	883	871	1,398	1,278	1,448
Net Debt	0.00	1,114	906	242	774	573	325	237
Capital Expenditures (CapEx)	72	76	42	43	72	52	34	45
Debt-free, Cash-free Net Working Capital (DFCFNWC)	146	85	-96	-14	91	138	-44	-38
Debt-free Net Working Capital (DFNWC)	146	297	793	1,060	698	1,078	1,026	1,174
Net Working Capital (NWC)	146	293	-94	628	188	963	910	1,174
Net Nonoperating Expense (NNE)	-2.07	-32	-2.85	-23	24	122	392	10
Net Nonoperating Obligations (NNO)	0.00	1,114	582	234	774	573	325	237
Total Depreciation and Amortization (D&A)	130	168	177	175	166	140	128	155
Debt-free, Cash-free Net Working Capital to Revenue	5.13%	3.74%	-4.99%	-0.54%	3.54%	5.38%	-1.73%	-1.39%
Debt-free Net Working Capital to Revenue	5.13%	12.98%	41.09%	42.25%	27.17%	42.01%	40.85%	43.17%
Net Working Capital to Revenue	5.13%	12.81%	-4.88%	25.01%	7.31%	37.52%	36.23%	43.17%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.21	$2.11	$1.49	($0.60)	($6.50)	$0.28
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	159.60M	161.20M	162.90M	166.90M	172.20M	168M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.20	$1.92	$1.37	($0.60)	($6.50)	$0.28
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	164.10M	177.60M	177.60M	166.90M	172.20M	169.20M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	160.08M	161.83M	163.23M	171.55M	172.19M	163.88M
Normalized Net Operating Profit after Tax (NOPAT)	229	186	30	214	268	203	81	151
Normalized NOPAT Margin	8.04%	8.13%	1.58%	8.54%	10.42%	7.90%	3.22%	5.56%
Pre Tax Income Margin	10.59%	10.23%	-1.04%	10.14%	11.05%	-2.14%	-43.20%	6.52%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	67.77	0.68	5.70	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	53.05	0.49	5.86	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	46.00	0.00	4.91	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	31.28	-0.19	5.06	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	140.70%	53.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	140.70%	53.54%	0.00%	0.00%	0.00%	0.00%	0.00%	354.47%

This table displays calculated financial ratios and metrics derived from Envista's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/29/2023	12/31/2023	3/29/2024	6/28/2024	9/27/2024	12/31/2024	3/28/2025	6/27/2025	9/26/2025	12/31/2025	4/3/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	163,875,397.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	163,875,397.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.24
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.03%	-2.30%	-0.57%	-4.42%	-4.80%	1.13%	-1.07%	7.74%	11.46%	14.96%	14.36%
EBITDA Growth	-27.71%	-225.00%	-23.65%	-1,074.23%	-56.51%	145.15%	-17.42%	107.11%	71.02%	75.99%	33.43%
EBIT Growth	-31.55%	-322.95%	-33.43%	-1,442.33%	-58.01%	123.07%	-20.54%	104.22%	173.95%	46.34%	55.61%
NOPAT Growth	-14.44%	-266.15%	-43.28%	-1,452.45%	-64.31%	101.07%	-24.72%	103.72%	-295.58%	2,662.41%	91.42%
Net Income Growth	-54.83%	-395.78%	-46.12%	-2,318.88%	-61.86%	100.55%	-23.73%	102.29%	-469.51%	2,641.67%	115.00%
EPS Growth	-55.56%	-400.00%	-44.00%	-2,406.90%	-58.33%	0.00%	-28.57%	102.39%	-460.00%	0.00%	130.00%
Operating Cash Flow Growth	104.50%	-7.52%	1,200.00%	23.97%	-25.97%	29.80%	-99.26%	-4.73%	11.32%	-18.43%	-1,200.00%
Free Cash Flow Firm Growth	79.83%	115.16%	159.63%	743.03%	1,661.99%	1,528.19%	227.36%	-99.82%	-95.41%	-102.76%	-101.38%
Invested Capital Growth	3.00%	-4.69%	-7.49%	-31.74%	-29.46%	-31.33%	-28.25%	0.83%	-2.94%	2.54%	1.93%
Revenue Q/Q Growth	-4.70%	2.27%	-3.41%	1.52%	-5.07%	8.64%	-5.51%	10.57%	-1.79%	12.05%	-6.01%
EBITDA Q/Q Growth	-25.24%	-295.78%	163.43%	-1,351.80%	103.34%	103.23%	-10.74%	18.28%	11.93%	48.93%	-32.33%
EBIT Q/Q Growth	-40.47%	-492.77%	123.97%	-2,495.02%	101.86%	115.81%	-17.46%	27.15%	20.94%	15.28%	-12.22%
NOPAT Q/Q Growth	-16.19%	-383.77%	122.65%	-2,610.49%	102.21%	-91.51%	1,497.17%	24.07%	-216.26%	219.91%	10.67%
Net Income Q/Q Growth	-58.57%	-1,111.16%	110.86%	-4,979.66%	100.71%	-85.37%	1,400.00%	46.67%	-214.77%	208.58%	17.63%
EPS Q/Q Growth	-58.62%	-1,150.00%	111.11%	-4,878.57%	100.75%	0.00%	0.00%	60.00%	-212.50%	211.11%	15.00%
Operating Cash Flow Q/Q Growth	27.16%	6.81%	-60.49%	131.02%	-24.06%	87.27%	-99.77%	29,466.67%	-11.27%	37.23%	-103.06%
Free Cash Flow Firm Q/Q Growth	23.27%	196.48%	351.40%	92.41%	86.40%	0.57%	-9.24%	-99.89%	4,646.13%	-160.36%	54.51%
Invested Capital Q/Q Growth	-1.61%	-4.39%	-1.04%	-26.67%	1.67%	-6.93%	3.40%	3.05%	-2.12%	-1.67%	2.78%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	57.55%	52.03%	57.14%	51.59%	52.80%	57.05%	54.47%	54.23%	55.26%	54.70%	55.29%
EBITDA Margin	13.51%	-25.87%	14.24%	-175.58%	6.17%	11.55%	10.91%	11.67%	13.30%	17.68%	12.73%
Operating Margin	13.20%	-31.41%	7.71%	-182.17%	3.48%	7.06%	6.32%	6.79%	8.58%	9.77%	8.86%
EBIT Margin	8.11%	-31.15%	7.73%	-182.34%	3.58%	7.11%	6.21%	7.14%	8.79%	9.05%	8.45%
Profit (Net Income) Margin	3.41%	-33.67%	3.78%	-181.90%	1.36%	0.18%	2.92%	3.87%	-4.52%	4.38%	5.49%
Tax Burden Percent	60.06%	101.12%	66.86%	98.76%	85.42%	3.29%	62.07%	64.86%	-60.72%	57.12%	74.14%
Interest Burden Percent	69.92%	106.91%	73.24%	101.01%	44.65%	78.66%	75.72%	83.57%	84.72%	84.83%	87.58%
Effective Tax Rate	39.94%	0.00%	33.14%	0.00%	14.58%	96.71%	37.93%	35.14%	160.72%	42.88%	25.86%
Return on Invested Capital (ROIC)	4.18%	-11.60%	2.70%	-76.10%	1.76%	0.15%	2.44%	3.25%	-3.96%	4.59%	5.42%
ROIC Less NNEP Spread (ROIC-NNEP)	0.46%	-22.80%	1.44%	-133.31%	0.00%	0.08%	1.04%	2.34%	-2.71%	1.40%	3.21%
Return on Net Nonoperating Assets (RNNOA)	0.09%	-3.67%	0.23%	-22.02%	0.00%	0.01%	0.13%	0.31%	-0.33%	0.13%	0.36%
Return on Equity (ROE)	4.27%	-15.27%	2.94%	-98.11%	1.76%	0.16%	2.57%	3.56%	-4.29%	4.73%	5.78%
Cash Return on Invested Capital (CROIC)	2.37%	5.25%	7.89%	17.53%	13.26%	19.00%	14.72%	1.22%	3.52%	-0.77%	0.47%
Operating Return on Assets (OROA)	3.20%	-12.12%	3.02%	-76.71%	1.47%	2.98%	2.59%	3.28%	4.13%	4.46%	4.30%
Return on Assets (ROA)	1.34%	-13.10%	1.48%	-76.52%	0.56%	0.08%	1.22%	1.78%	-2.13%	2.16%	2.79%
Return on Common Equity (ROCE)	4.27%	-15.27%	2.94%	-98.11%	1.76%	0.16%	2.57%	3.56%	-4.29%	4.73%	5.78%
Return on Equity Simple (ROE_SIMPLE)	4.44%	0.00%	-2.91%	-44.48%	-43.52%	0.00%	-37.03%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	50	-142	32	-807	18	1.52	24	30	-35	42	46
NOPAT Margin	7.92%	-21.99%	5.16%	-127.52%	2.97%	0.23%	3.92%	4.40%	-5.21%	5.58%	6.57%
Net Nonoperating Expense Percent (NNEP)	3.72%	11.20%	1.26%	57.21%	1.75%	0.07%	1.39%	0.91%	-1.24%	3.19%	2.21%
Return On Investment Capital (ROIC_SIMPLE)	-	-2.50%	-	-	-	0.04%	0.54%	0.66%	-0.77%	0.92%	1.03%
Cost of Revenue to Revenue	42.45%	47.97%	42.86%	48.41%	47.20%	42.95%	45.53%	45.77%	44.74%	45.30%	44.71%
SG&A Expenses to Revenue	40.82%	40.30%	45.69%	47.78%	45.07%	45.90%	44.04%	43.29%	42.45%	40.66%	42.18%
R&D to Revenue	3.53%	3.13%	3.74%	3.73%	4.24%	4.09%	4.10%	4.15%	4.22%	4.28%	4.25%
Operating Expenses to Revenue	44.35%	83.44%	49.42%	233.75%	49.32%	49.99%	48.14%	47.44%	46.68%	44.94%	46.44%
Earnings before Interest and Taxes (EBIT)	51	-201	48	-1,154	22	46	38	49	59	68	60
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	85	-167	89	-1,112	37	75	67	80	89	133	90
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.06	0.99	0.89	0.96	1.11	1.13	0.96	1.06	1.10	1.15	1.37
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	79.76	144.34	35.42	32.27	42.43	29.53	48.78
Price to Revenue (P/Rev)	1.77	1.61	1.43	1.13	1.36	1.32	1.17	1.31	1.29	1.31	1.51
Price to Earnings (P/E)	23.95	0.00	0.00	0.00	0.00	0.00	0.00	61.97	221.03	75.95	62.48
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.61%	0.45%	1.32%	1.60%
Enterprise Value to Invested Capital (EV/IC)	1.06	0.99	0.90	0.97	1.09	1.12	0.97	1.06	1.09	1.14	1.33
Enterprise Value to Revenue (EV/Rev)	2.03	1.83	1.65	1.31	1.53	1.45	1.30	1.44	1.41	1.40	1.63
Enterprise Value to EBITDA (EV/EBITDA)	11.66	31.59	28.49	0.00	0.00	0.00	0.00	13.37	11.86	10.32	11.72
Enterprise Value to EBIT (EV/EBIT)	17.48	552.63	0.00	0.00	0.00	0.00	0.00	23.68	19.21	17.80	19.51
Enterprise Value to NOPAT (EV/NOPAT)	20.10	213.03	804.21	0.00	0.00	0.00	0.00	51.84	199.48	66.41	56.66
Enterprise Value to Operating Cash Flow (EV/OCF)	18.45	17.04	13.49	10.05	12.50	10.83	10.98	12.56	12.31	13.81	16.85
Enterprise Value to Free Cash Flow (EV/FCFF)	45.22	18.39	10.94	4.47	6.82	4.79	5.48	87.01	30.42	0.00	287.65
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.35	0.36	0.36	0.51	0.46	0.48	0.47	0.46	0.47	0.47	0.47
Long-Term Debt to Equity	0.32	0.34	0.34	0.47	0.42	0.44	0.43	0.46	0.47	0.47	0.47
Financial Leverage	0.19	0.16	0.16	0.17	0.15	0.13	0.12	0.13	0.12	0.09	0.11
Leverage Ratio	1.59	1.57	1.56	1.65	1.66	1.68	1.68	1.82	1.81	1.83	1.81
Compound Leverage Factor	1.11	1.68	1.14	1.67	0.74	1.32	1.27	1.52	1.53	1.55	1.58
Debt to Total Capital	25.84%	26.61%	26.67%	33.57%	31.63%	32.21%	31.74%	31.52%	31.88%	31.80%	31.85%
Short-Term Debt to Total Capital	1.99%	2.03%	2.05%	2.58%	2.58%	2.68%	2.61%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	23.85%	24.58%	24.63%	30.99%	29.05%	29.53%	29.13%	31.52%	31.88%	31.80%	31.85%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	74.16%	73.39%	73.33%	66.43%	68.37%	67.79%	68.26%	68.48%	68.12%	68.20%	68.15%
Debt to EBITDA	3.33	10.18	10.16	-1.40	-1.26	-1.53	-1.53	5.27	4.64	3.93	3.68
Net Debt to EBITDA	1.50	3.86	3.76	-0.43	-0.38	-0.36	-0.36	1.22	1.00	0.64	0.91
Long-Term Debt to EBITDA	3.07	9.40	9.38	-1.29	-1.16	-1.40	-1.40	5.27	4.64	3.93	3.68
Debt to NOPAT	5.74	68.63	286.86	-1.75	-1.58	-1.92	-1.93	20.42	78.07	25.27	17.78
Net Debt to NOPAT	2.58	26.00	106.19	-0.55	-0.48	-0.45	-0.46	4.73	16.82	4.13	4.40
Long-Term Debt to NOPAT	5.30	63.41	264.86	-1.62	-1.45	-1.76	-1.77	20.42	78.07	25.27	17.78
Altman Z-Score	1.90	1.61	1.65	0.55	1.38	1.40	1.30	1.40	1.42	1.49	1.70
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.20	2.23	2.27	2.22	2.08	2.04	2.12	2.44	2.37	2.38	2.44
Quick Ratio	1.66	1.73	1.74	1.72	1.60	1.63	1.68	1.93	1.87	1.93	1.93
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-95	91	413	794	1,480	1,489	1,351	1.43	68	-41	-19
Operating Cash Flow to CapEx	519.02%	1,243.90%	366.36%	1,369.12%	955.41%	1,539.53%	5.56%	721.14%	728.70%	662.58%	-26.61%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	32.00	67.88	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	3.12	7.96	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	2.27	7.38	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.39	0.39	0.39	0.42	0.41	0.42	0.42	0.46	0.47	0.49	0.51
Accounts Receivable Turnover	6.38	6.41	6.29	6.37	6.19	6.52	6.21	6.36	6.57	6.86	6.77
Inventory Turnover	3.90	4.02	3.93	4.11	4.29	4.55	4.36	4.24	4.22	4.66	4.51
Fixed Asset Turnover	8.88	8.51	8.49	8.58	8.41	8.56	8.55	8.84	9.04	9.48	9.71
Accounts Payable Turnover	6.20	5.52	6.25	6.60	6.85	6.43	6.81	6.72	7.15	6.73	7.60
Days Sales Outstanding (DSO)	57.21	56.96	58.02	57.32	58.99	56.01	58.75	57.43	55.55	53.19	53.92
Days Inventory Outstanding (DIO)	93.66	90.70	92.90	88.88	85.12	80.16	83.79	86.06	86.55	78.33	80.87
Days Payable Outstanding (DPO)	58.91	66.10	58.45	55.34	53.27	56.79	53.60	54.28	51.04	54.21	48.03
Cash Conversion Cycle (CCC)	91.95	81.56	92.47	90.86	90.84	79.38	88.95	89.21	91.06	77.31	86.77
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,965	4,747	4,698	3,445	3,503	3,260	3,371	3,474	3,400	3,343	3,436
Invested Capital Turnover	0.53	0.53	0.52	0.60	0.59	0.63	0.62	0.74	0.76	0.82	0.83
Increase / (Decrease) in Invested Capital	145	-233	-381	-1,602	-1,463	-1,487	-1,327	29	-103	83	65
Enterprise Value (EV)	5,239	4,697	4,222	3,326	3,828	3,645	3,257	3,668	3,693	3,806	4,586
Market Capitalization	4,567	4,124	3,665	2,858	3,398	3,320	2,922	3,334	3,382	3,570	4,230
Book Value per Share	$26.21	$24.35	$24.09	$17.32	$17.87	$17.05	$17.63	$18.52	$18.58	$18.89	$18.79
Tangible Book Value per Share	($1.02)	($0.42)	($0.22)	($0.03)	$0.25	$0.13	$0.48	$0.61	$0.48	$0.74	$0.53
Total Capital	5,789	5,687	5,646	4,481	4,494	4,329	4,448	4,584	4,534	4,555	4,519
Total Debt	1,496	1,513	1,506	1,504	1,421	1,394	1,412	1,445	1,445	1,448	1,439
Total Long-Term Debt	1,381	1,398	1,391	1,389	1,306	1,278	1,296	1,445	1,445	1,448	1,439
Net Debt	672	573	558	468	430	325	335	335	312	237	356
Capital Expenditures (CapEx)	18	8.20	11	6.80	7.40	8.60	5.40	12	11	16	12
Debt-free, Cash-free Net Working Capital (DFCFNWC)	185	138	158	80	56	-44	15	30	-7.30	-38	50
Debt-free Net Working Capital (DFNWC)	1,009	1,078	1,106	1,116	1,047	1,026	1,093	1,141	1,127	1,174	1,133
Net Working Capital (NWC)	894	963	991	1,001	932	910	976	1,141	1,127	1,174	1,133
Net Nonoperating Expense (NNE)	29	75	8.56	344	9.65	0.32	6.21	3.63	-4.61	8.97	7.64
Net Nonoperating Obligations (NNO)	672	573	558	468	430	325	335	335	312	237	356
Total Depreciation and Amortization (D&A)	34	34	41	43	16	29	29	31	30	65	30
Debt-free, Cash-free Net Working Capital to Revenue	7.16%	5.38%	6.15%	3.16%	2.24%	-1.73%	0.61%	1.19%	-0.28%	-1.39%	1.77%
Debt-free Net Working Capital to Revenue	39.08%	42.01%	43.16%	44.06%	41.84%	40.85%	43.64%	44.69%	42.97%	43.17%	40.33%
Net Working Capital to Revenue	34.62%	37.52%	38.65%	39.49%	37.21%	36.23%	39.00%	44.69%	42.97%	43.17%	40.33%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.13	($1.32)	$0.14	($6.69)	$0.05	$0.00	$0.10	$0.16	($0.18)	$0.20	$0.24
Adjusted Weighted Average Basic Shares Outstanding	168.20M	166.90M	171.90M	172.10M	172.20M	172.20M	172.40M	169M	166.10M	168M	163.90M
Adjusted Diluted Earnings per Share	$0.12	($1.26)	$0.14	($6.69)	$0.05	$0.00	$0.10	$0.16	($0.18)	$0.20	$0.23
Adjusted Weighted Average Diluted Shares Outstanding	175.20M	166.90M	173.40M	172.10M	172.90M	172.20M	173.60M	169.90M	166.10M	169.20M	166.40M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	171.40M	171.55M	171.86M	171.95M	172.10M	172.19M	169.49M	166.18M	164.43M	163.88M	162.73M
Normalized Net Operating Profit after Tax (NOPAT)	50	-142	32	0.35	18	32	24	30	40	42	46
Normalized NOPAT Margin	7.92%	-21.99%	5.16%	0.06%	2.97%	4.94%	3.92%	4.40%	6.01%	5.58%	6.57%
Pre Tax Income Margin	5.67%	-33.30%	5.66%	-184.19%	1.60%	5.59%	4.70%	5.97%	7.45%	7.67%	7.40%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	3.74	-98.67	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	2.49	-69.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	2.88	-99.25	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	1.64	-69.58	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	354.47%	287.59%

Financials Breakdown Chart

Key Financial Trends

Envista Holdings Corp (NVST) - four-year trend snapshot based on quarterly filings through Q4 2025. Key takeaways include revenue growth into late 2025, a return to profitability in Q4 2025, solid operating cash flow, and ongoing capital returns via buybacks, tempered by a one-off impairment in 2025 and persistent earnings volatility.

Revenue growth: Q4 2025 operating revenue reached 750.6M, up from Q4 2024's 652.9M (roughly +15% year over year).
Net income turned positive in Q4 2025 (32.9M), reversing a prior quarter loss in Q3 2025 (-30.3M).
Operating cash flow was strong in Q4 2025, with net cash from continuing operating activities at 108.0M, supporting liquidity.
Gross margin remained in the mid-50s, with Q4 2025 gross margin about 54.7% (410.6M gross profit on 750.6M revenue), similar to Q3 2025 (~55%).
Active capital returns via share buybacks, with 24.3M repurchased in Q4 2025 (and sizable buybacks in prior quarters), signaling ongoing capital-allocation support for shareholders.
Balance-sheet liquidity is robust, with cash and equivalents typically around 1.0–1.3B in recent periods (1.13B in Q3 2025, with higher levels in earlier quarters).
Long-term debt remains around 1.4–1.45B in mid-2025, with no near-term maturities indicated in the latest reports; leverage appears manageable relative to cash flow.
Goodwill and intangible assets are elevated (Goodwill ~2.36B; Intangibles ~0.65B in Q3 2025), reflecting prior acquisitions; this is a neutral factor for near-term cash flow but requires ongoing impairment monitoring.
One-off impairment charge in Q2 2025: 1.1538B, which weighed on quarterly earnings.
Net income volatility across quarters (e.g., Q3 2025 net income -30.3M vs Q4 2025 +32.9M) highlights sensitivity to non-operating items and quarterly fluctuations.

05/19/26 01:06 PM ETAI Generated. May Contain Errors.

Envista Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Envista's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Envista's net income appears to be on an upward trend, with a most recent value of $47 million in 2025, falling from $230.70 million in 2018. The previous period was -$1.12 billion in 2024. See Envista's forecast for analyst expectations on what's next for the company.

Envista's total operating income in 2025 was $216.10 million, based on the following breakdown:

Total Gross Profit: $1.49 billion
Total Operating Expenses: $1.27 billion

Over the last 7 years, Envista's total revenue changed from $2.84 billion in 2018 to $2.72 billion in 2025, a change of -4.4%.

Envista's total liabilities were at $2.57 billion at the end of 2025, a 6.5% increase from 2024, and a 153.4% increase since 2018.

In the past 7 years, Envista's cash and equivalents has ranged from $0.00 in 2018 to $1.21 billion in 2025, and is currently $1.21 billion as of their latest financial filing in 2025.

Over the last 7 years, Envista's book value per share changed from 37.71 in 2018 to 18.89 in 2025, a change of -49.9%.

Related Companies

Financial statements for NYSE:NVST last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Envista (NVST) Financials

Financials Breakdown Chart

Key Financial Trends

Envista Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Envista (NVST) Financials

Annual Income Statements for Envista

Quarterly Income Statements for Envista

Annual Cash Flow Statements for Envista

Quarterly Cash Flow Statements for Envista

Annual Balance Sheets for Envista

Quarterly Balance Sheets for Envista

Annual Metrics And Ratios for Envista

Quarterly Metrics And Ratios for Envista

Financials Breakdown Chart

Key Financial Trends

Envista Financials - Frequently Asked Questions

When does Envista's fiscal year end?

How has Envista's net income changed over the last 7 years?

What is Envista's operating income?

How has Envista's revenue changed over the last 7 years?

How much debt does Envista have?

How much cash does Envista have?

How has Envista's book value per share changed over the last 7 years?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools