NOVT vs IBP
Comparison between Novanta Inc (NOVT, Company) and Installed Building Products Inc (IBP, Company).
NOVT is from the Technology sector, while IBP is from the Consumer Cyclical sector.
5-Year PerformanceIBP has outperformed NOVT, delivering a return of +14.0% compared to +1.6%
NOVT vs IBP - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
NOVT vs IBP - Historical Returns
Returns include dividend reinvestment.
NOVT vs IBP - Annual Returns (2014 - 2026)
Returns include dividend reinvestment.
| Year | NOVT | IBP |
|---|---|---|
| 2026 | +32.76% | -23.06% |
| 2025 | -21.16% | +52.30% |
| 2024 | -7.02% | -2.36% |
| 2023 | +24.91% | +112.18% |
| 2022 | -21.81% | -34.89% |
| 2021 | +49.84% | +37.28% |
| 2020 | +29.17% | +47.60% |
| 2019 | +38.01% | +99.85% |
| 2018 | +24.75% | -55.52% |
| 2017 | +132.02% | +82.35% |
| 2016 | +58.85% | +74.78% |
| 2015 | N/A | +39.81% |
| 2014 | N/A | +39.22% |
NOVT vs IBP Drawdown Comparison
The maximum drawdown for NOVT was -46.71%, occurring on Nov 20, 2025. This drawdown has not yet recovered.
The maximum drawdown for IBP was -61.75%, occurring on Oct 24, 2018. Recovery took 516 trading sessions.
The current NOVT drawdown is -20.75%. The current IBP drawdown is -40.22%.
| Rank | NOVT | IBP |
|---|---|---|
| #1 | -46.71% Jul 16, 2024 - Nov 20, 2025 | -61.75% Jan 3, 2018 - Jan 23, 2020 |
| #2 | -38.60% Nov 4, 2021 - Jun 29, 2023 | -61.69% Feb 21, 2020 - Jul 22, 2020 |
| #3 | -34.98% Jul 17, 2023 - Jul 16, 2024 | -48.37% Dec 29, 2021 - Jun 27, 2023 |
| #4 | -31.80% Feb 13, 2020 - May 20, 2020 | -42.16% Jul 31, 2024 - Aug 13, 2025 |
| #5 | -27.81% Aug 27, 2018 - Feb 22, 2019 | -40.67% Feb 13, 2026 - May 12, 2026 |
| #6 | -24.96% Jun 28, 2019 - Jan 13, 2020 | -37.26% Aug 11, 2015 - May 5, 2016 |
| #7 | -19.00% Nov 21, 2017 - Jan 16, 2018 | -32.04% Aug 7, 2023 - Dec 6, 2023 |
| #8 | -18.56% Jan 26, 2018 - Apr 17, 2018 | -28.48% Oct 12, 2020 - Jan 20, 2021 |
| #9 | -16.09% Aug 6, 2020 - Oct 9, 2020 | -26.13% Mar 6, 2014 - Oct 23, 2014 |
| #10 | -15.54% Feb 12, 2021 - Aug 11, 2021 | -24.27% May 4, 2021 - Nov 22, 2021 |
| #11 | -11.81% Jun 5, 2020 - Aug 6, 2020 | -24.16% Apr 3, 2024 - Jul 26, 2024 |
| #12 | -11.56% Apr 12, 2019 - Jun 18, 2019 | -19.93% Jul 20, 2016 - Nov 11, 2016 |
| #13 | -11.54% Jun 14, 2018 - Jul 20, 2018 | -18.39% Feb 11, 2021 - Apr 16, 2021 |
| #14 | -11.40% Jan 5, 2016 - Mar 4, 2016 | -15.76% Jan 20, 2021 - Feb 8, 2021 |
| #15 | -11.16% Sep 24, 2021 - Oct 22, 2021 | -15.74% Sep 8, 2025 - Dec 10, 2025 |
Correlation
Correlation between NOVT and IBP is 0.68 which considered as a moderate positive correlation - the stocks show some tendency to move together.
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