Stocktoria

Envista Holdings Corp NVST

NYSE · stock · Dental Equipment & Supplies · website · IPO 2019-09-18 · LEI

Envista Holdings Corp statistics & valuation

Market cap$4.4B
P / E93.3×
P / S1.6×
P / B1.4×
P / FCF19.0×
Net margin1.7%
Return on equity1.5%
FCF margin8.5%
Net debt$236.6M
Net debt / EBITDA0.7×
Enterprise value USD$4.6B
EV / EBITDA13.9×
Earnings yield EBIT/EV4.7%
Return on capital4.5%
Graham number -62.5%$10.75

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($10.75); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
10.70% 8.10% 9.50% 1.70% 13.60% 9.50% -3.90% -44.60% 1.70% 201720182019202020212022202320242025
Gross margin (%)
57.70% 56.30% 59.10% 54.70% 56.90% 57.40% 56.10% 54.70% 54.70% 201720182019202020212022202320242025
Operating margin (%)
13.80% 10.50% 10.30% 2.30% 12.20% 12.40% 1.20% -41.40% 7.90% 201720182019202020212022202320242025
Return on equity (%)
4.80% 6.10% 0.90% 8.40% 5.80% -2.40% -38.10% 1.50% 201720182019202020212022202320242025
Shares outstanding
127.9M 127.9M 158.7M 164.1M 177.6M 177.6M 171.5M 172.2M 169.2M 201720182019202020212022202320242025
Net debt ($)
$0 $1.11B $905.6M $242.2M $773.8M $573.4M $325.2M $236.6M 201720182019202020212022202320242025
Share buybacks ($)
201720182019202020212022202320242025
Return on assets (%)
5.00% 3.90% 3.50% 0.50% 5.20% 3.70% -1.50% -20.90% 0.80% 201720182019202020212022202320242025
Free cash flow margin (%)
11.00% 11.50% 14.00% 12.20% 12.20% 4.20% 8.50% 12.10% 8.50% 201720182019202020212022202320242025
Debt / equity (×)
0.00× 0.37× 0.48× 0.32× 0.33× 0.36× 0.48× 0.47× 201720182019202020212022202320242025
EPS ($)
$2.35 $1.80 $1.60 $0.20 $1.92 $1.37 -$0.60 -$6.50 $0.28 201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Envista Holdings Corp trades at about 102.5× earnings — above its 10-year norm (10-year range 18.5×–177.7×, median 28.5×).

18.5× 177.7×

Shaded band = 10-year range (18.5×–177.7×); dot = today's 102.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin54.7%54.7%56.1%57.4%56.9%54.7%59.1%56.3%57.7%
Operating margin7.9%-41.4%1.2%12.4%12.2%2.3%10.3%10.5%13.8%
Net margin1.7%-44.6%-3.9%9.5%13.6%1.7%9.5%8.1%10.7%
FCF margin8.5%12.1%8.5%4.2%12.2%12.2%14.0%11.5%11.0%
Return on assets0.8%-20.9%-1.5%3.7%5.2%0.5%3.5%3.9%5.0%
Return on equity1.5%-38.1%-2.4%5.8%8.4%0.9%6.1%4.8%—
Debt / equity0.47×0.48×0.36×0.33×0.32×0.48×0.37×0.00×—
Current ratio2.382.042.231.151.520.941.411.23—

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.