Stocks · Health care · Dental Equipment & Supplies

Envista Holdings Corp

NVST Clue Score43
United States Fiscal year ends December CIK 0001757073
$23.00 +1.23% Close, 9 Oct 2026
Price $23.00 −41.40% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 18 Sep 2019. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue2,810.9Operating income386.6Net income301.1EPS, diluted2.35Fiscal year 2018Revenue2,844.5 +1.2%Operating income298.4Net income230.7 −23.4%EPS, diluted1.80 −23.4%Fiscal year 2019Revenue2,284.8 −19.7%Operating income235.7Net income217.6 −5.7%EPS, diluted1.60 −11.1%Fiscal year 2020Revenue1,929.1 −15.6%Operating income43.5Net income33.3 −84.7%EPS, diluted0.20 −87.5%Fiscal year 2021Revenue2,508.9 +30.1%Operating income306.2Net income340.5 +922.5%EPS, diluted1.92 +860.0%Fiscal year 2022Revenue2,569.1 +2.4%Operating income319.2Net income243.1 −28.6%EPS, diluted1.37 −28.6%Fiscal year 2023Revenue2,566.5 −0.1%Operating income31.5Net income−100.2 −141.2%EPS, diluted−0.60 −143.8%Fiscal year 2024Revenue2,510.6 −2.2%Operating income−1,038.2Net income−1,118.6EPS, diluted−6.50Fiscal year 2025Revenue2,719.5 +8.3%Operating income216.1Net income47.0EPS, diluted0.28
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 2,810.9 2,844.5 2,284.8 1,929.1 2,508.9 2,569.1 2,566.5 2,510.6 2,719.5
Growth +1.2% −19.7% −15.6% +30.1% +2.4% −0.1% −2.2% +8.3%
Operating income 386.6 298.4 235.7 43.5 306.2 319.2 31.5 −1,038.2 216.1
Net income 301.1 230.7 217.6 33.3 340.5 243.1 −100.2 −1,118.6 47.0
Growth −23.4% −5.7% −84.7% +922.5% −28.6% −141.2%
EPS, diluted 2.35 1.80 1.60 0.20 1.92 1.37 −0.60 −6.50 0.28
Growth −23.4% −11.1% −87.5% +860.0% −28.6% −143.8%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin57.7%Operating margin13.8%Net margin10.7%Free cash flow margin11.0%Fiscal year 2018Gross margin56.3%Operating margin10.5%Net margin8.1%Free cash flow margin11.5%Fiscal year 2019Gross margin59.1%Operating margin10.3%Net margin9.5%Free cash flow margin14.0%Fiscal year 2020Gross margin54.7%Operating margin2.3%Net margin1.7%Free cash flow margin12.2%Fiscal year 2021Gross margin56.9%Operating margin12.2%Net margin13.6%Free cash flow margin12.2%Fiscal year 2022Gross margin57.4%Operating margin12.4%Net margin9.5%Free cash flow margin4.2%Fiscal year 2023Gross margin56.1%Operating margin1.2%Net margin−3.9%Free cash flow margin8.5%Fiscal year 2024Gross margin54.7%Operating margin−41.4%Net margin−44.6%Free cash flow margin12.1%Fiscal year 2025Gross margin54.7%Operating margin7.9%Net margin1.7%Free cash flow margin8.5%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 57.7% 56.3% 59.1% 54.7% 56.9% 57.4% 56.1% 54.7% 54.7%
Operating margin 13.8% 10.5% 10.3% 2.3% 12.2% 12.4% 1.2% −41.4% 7.9%
Net margin 10.7% 8.1% 9.5% 1.7% 13.6% 9.5% −3.9% −44.6% 1.7%
Free cash flow margin 11.0% 11.5% 14.0% 12.2% 12.2% 4.2% 8.5% 12.1% 8.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow359.1Capital expenditure−48.9Free cash flow310.2Fiscal year 2018Operating cash flow400.1Capital expenditure−72.2Free cash flow327.9 +5.7%Fiscal year 2019Operating cash flow397.5Capital expenditure−77.8Free cash flow319.7 −2.5%Fiscal year 2020Operating cash flow283.9Capital expenditure−47.7Free cash flow236.2 −26.1%Fiscal year 2021Operating cash flow361.6Capital expenditure−54.7Free cash flow306.9 +29.9%Fiscal year 2022Operating cash flow182.7Capital expenditure−75.7Free cash flow107.0 −65.1%Fiscal year 2023Operating cash flow275.7Capital expenditure−58.2Free cash flow217.5 +103.3%Fiscal year 2024Operating cash flow336.5Capital expenditure−33.8Free cash flow302.7 +39.2%Fiscal year 2025Operating cash flow275.7Capital expenditure−45.3Free cash flow230.4 −23.9%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 359.1 400.1 397.5 283.9 361.6 182.7 275.7 336.5 275.7
Capital expenditure −48.9 −72.2 −77.8 −47.7 −54.7 −75.7 −58.2 −33.8 −45.3
Free cash flow 310.2 327.9 319.7 236.2 306.9 107.0 217.5 302.7 230.4
Growth +5.7% −2.5% −26.1% +29.9% −65.1% +103.3% +39.2% −23.9%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash0.0Fiscal year 2018Cash0.0Total debt0.0Net cash (debt)0.0Shareholders’ equity4,823.1Debt to equity0.00Fiscal year 2019Cash211.2Total debt1,321.0Net cash (debt)−1,109.8Shareholders’ equity3,540.2Debt to equity0.37Fiscal year 2020Cash888.9Total debt907.7Net cash (debt)−18.8Shareholders’ equity3,720.6Debt to equity0.24Fiscal year 2021Cash1,073.6Total debt883.4Net cash (debt)190.2Shareholders’ equity4,057.6Debt to equity0.22Fiscal year 2022Cash606.9Total debt870.7Net cash (debt)−263.8Shareholders’ equity4,206.9Debt to equity0.21Fiscal year 2023Cash940.0Total debt1,398.1Net cash (debt)−458.1Shareholders’ equity4,173.9Debt to equity0.33Fiscal year 2024Cash1,069.1Total debt1,278.3Net cash (debt)−209.2Shareholders’ equity2,934.8Debt to equity0.44Fiscal year 2025Cash1,211.7Total debt1,448.3Net cash (debt)−236.6Shareholders’ equity3,106.3Debt to equity0.47
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.0 0.0 211.2 888.9 1,073.6 606.9 940.0 1,069.1 1,211.7
Total debt n/a 0.0 1,321.0 907.7 883.4 870.7 1,398.1 1,278.3 1,448.3
Net cash (debt) n/a 0.0 −1,109.8 −18.8 190.2 −263.8 −458.1 −209.2 −236.6
Shareholders’ equity n/a 4,823.1 3,540.2 3,720.6 4,057.6 4,206.9 4,173.9 2,934.8 3,106.3
Debt to equity n/a 0.00 0.37 0.24 0.22 0.21 0.33 0.44 0.47

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
2,810.9 2,844.5 2,284.8 1,929.1 2,508.9 2,569.1 2,566.5 2,510.6 2,719.5
Growth +1.2% −19.7% −15.6% +30.1% +2.4% −0.1% −2.2% +8.3%
1,189.7 1,242.7 935.6 874.3 1,082.4 1,094.3 1,126.0 1,137.9 1,232.8
1,621.2 1,601.8 1,349.2 1,054.8 1,426.5 1,474.8 1,440.5 1,372.7 1,486.7
Growth −1.2% −15.8% −21.8% +35.2% +3.4% −2.3% −4.7% +8.3%
172.4 172.0 133.1 86.7 100.5 100.1 93.8 99.1 114.0
1,062.2 1,131.4 980.4 924.6 1,019.8 1,055.5 1,056.9 1,158.0 1,156.6
386.6 298.4 235.7 43.5 306.2 319.2 31.5 −1,038.2 216.1
Growth −22.8% −21.0% −81.5% +603.9% +4.2% −90.1% −3,395.9%
386.7 301.1 233.7 −20.0 254.5 283.9 −54.9 −1,084.7 177.2
85.6 70.4 49.6 −62.5 −9.0 45.9 45.3 33.9 130.2
301.1 230.7 217.6 33.3 340.5 243.1 −100.2 −1,118.6 47.0
Growth −23.4% −5.7% −84.7% +922.5% −28.6% −141.2%
Per share
2.35 1.80 1.60 0.21 2.11 1.49 −0.60 −6.50 0.28
2.35 1.80 1.60 0.20 1.92 1.37 −0.60 −6.50 0.28
Growth −23.4% −11.1% −87.5% +860.0% −28.6% −143.8%
127.9 127.9 136.2 159.6 161.2 162.9 166.9 172.2 168.0
127.9 127.9 136.4 164.1 177.6 177.6 166.9 172.2 169.2
Growth +0.0% +6.6% +20.3% +8.2% +0.0% −6.0% +3.2% −1.7%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 7.1% a year over five years, and earnings per share grew 7.0% a year.
  • The diluted share count rose 3.1% in five years, which is dilution.
  • Operating margin is up 5.7 points on five years ago, at 7.9%.
  • A net loss in 2 of 9 years on file.