📊 NVST Key Takeaways
Is Envista Holdings Corp (NVST) a Good Investment?
While Envista demonstrates 8.3% revenue growth and healthy 55.3% gross margins, fundamental health is severely compromised by negative operating cash flow (-$3.3M) and negative free cash flow (-$15.8M) despite positive net income, indicating poor earnings quality and unsustainable cash burn. Combined with abysmal returns on equity (1.3%) and assets (0.7%), the company is destroying shareholder value through inefficient capital deployment and failing to convert reported profits into actual cash.
Envista delivers solid top-line growth with strong gross margins, ample liquidity, moderate leverage, and healthy free cash flow generation. However, bottom-line profitability remains weak, with low net margin and ROE, indicating the need for sustained operating improvement. Until margin expansion consistently flows through to net income, the fundamentals suggest a balanced risk/reward.
Envista Holdings Corp Key Strengths (NVST)
- Revenue growing 8.3% year-over-year demonstrates ongoing market demand in dental sector
- Gross margin of 55.3% indicates strong product pricing power and underlying operational efficiency
- Strong liquidity position with 2.44x current ratio and $1.1B cash balance provides financial flexibility
- 54.7% gross margin supporting pricing power/mix
- Consistent free cash flow (8.5% FCF margin) with modest capex
- Strong balance sheet: 2.04x quick ratio, 0.47x D/E, 16.8x interest coverage
NVST Stock Risks: Envista Holdings Corp Investment Risks
- Negative operating cash flow and free cash flow signal earnings are not backed by cash generation; company is burning cash despite reported profitability
- Catastrophically poor capital efficiency with ROE of 1.3% and ROA of 0.7% indicates assets and shareholder equity are deployed with minimal returns
- Razor-thin net margin of 5.5% and operating margin of 8.9% leave no room for error and vulnerability to demand disruption
- Very low net profitability (1.7% net margin) and 1.5% ROE
- Operating margin only 7.9%, requiring execution to expand
- FCF durability if working-capital or mix normalizes
Key Metrics to Watch
- Operating cash flow inflection point and cash conversion rate of net income
- Free cash flow path to positive territory and working capital management
- Return on equity and asset efficiency trajectory over next 4 quarters
- Operating margin
- Free cash flow margin
Envista Holdings Corp (NVST) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.44x current ratio provides a solid financial cushion.
NVST Profit Margin, ROE & Profitability Analysis
NVST vs Healthcare Sector: How Envista Holdings Corp Compares
How Envista Holdings Corp compares to Healthcare sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Envista Holdings Corp Stock Overvalued? NVST Valuation Analysis 2026
Based on fundamental analysis, Envista Holdings Corp shows some fundamental concerns relative to the Healthcare sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Envista Holdings Corp Balance Sheet: NVST Debt, Cash & Liquidity
NVST Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Envista Holdings Corp's revenue has shown modest growth of 8% over the 5-year period. The most recent EPS of $-0.60 indicates the company is currently unprofitable.
NVST Revenue Growth, EPS Growth & YoY Performance
NVST Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $616.9M | $18.0M | $0.10 |
| Q3 2025 | $601.0M | $8.2M | $0.05 |
| Q2 2025 | $633.1M | $18.0M | $0.16 |
| Q1 2025 | $616.9M | $18.0M | $0.10 |
| Q3 2024 | $601.0M | $8.2M | $0.05 |
| Q2 2024 | $633.1M | $23.6M | $0.29 |
| Q1 2024 | $623.6M | $23.6M | $0.14 |
| Q3 2023 | $631.1M | $21.5M | $0.12 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Envista Holdings Corp Dividends, Buybacks & Capital Allocation
NVST SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Envista Holdings Corp (CIK: 0001757073)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| May 27, 2026 | 4 | xslF345X06/wk-form4_1779913032.xml | View → |
| May 21, 2026 | 4 | xslF345X06/wk-form4_1779395847.xml | View → |
| May 21, 2026 | 4 | xslF345X06/wk-form4_1779395841.xml | View → |
| May 21, 2026 | 4 | xslF345X06/wk-form4_1779395833.xml | View → |
| May 21, 2026 | 4 | xslF345X06/wk-form4_1779395827.xml | View → |
❓ Frequently Asked Questions about NVST
What is the AI rating for NVST?
Envista Holdings Corp (NVST) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 74% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are NVST's key strengths?
Claude: Revenue growing 8.3% year-over-year demonstrates ongoing market demand in dental sector. Gross margin of 55.3% indicates strong product pricing power and underlying operational efficiency. ChatGPT: 54.7% gross margin supporting pricing power/mix. Consistent free cash flow (8.5% FCF margin) with modest capex.
What are the risks of investing in NVST?
Claude: Negative operating cash flow and free cash flow signal earnings are not backed by cash generation; company is burning cash despite reported profitability. Catastrophically poor capital efficiency with ROE of 1.3% and ROA of 0.7% indicates assets and shareholder equity are deployed with minimal returns. ChatGPT: Very low net profitability (1.7% net margin) and 1.5% ROE. Operating margin only 7.9%, requiring execution to expand.
What is NVST's revenue and growth?
Envista Holdings Corp reported revenue of $705.5M.
Does NVST pay dividends?
Envista Holdings Corp does not currently pay dividends.
Where can I find NVST SEC filings?
Official SEC filings for Envista Holdings Corp (CIK: 0001757073) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is NVST's EPS?
Envista Holdings Corp has a diluted EPS of $0.23.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is NVST's fundamental grade?
Based on our AI fundamental analysis in May 2026, Envista Holdings Corp has a C grade with 74% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is NVST stock overvalued or undervalued?
Valuation metrics for NVST: ROE of 1.3% (sector avg: 15%), net margin of 5.5% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
What is NVST's AI grade for 2026?
Our dual AI analysis gives Envista Holdings Corp a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is NVST's free cash flow?
Envista Holdings Corp's operating cash flow is $-3.3M, with capital expenditures of $12.5M. FCF margin is -2.2%.
How does NVST compare to other Healthcare stocks?
Vs Healthcare sector averages: Net margin 5.5% (avg: 12%), ROE 1.3% (avg: 15%), current ratio 2.44 (avg: 2).