Screener
Novanta NOVT Asset turnover
Asset turnover at other companies
Other financials
Where this comes from
Calculated from Novanta’s reported figures.
Based on trailing twelve months.
The source filing: Novanta’s 10-Q, filed August 5, 2026. Open the filing →
- Filed
- Aug 5, 2026, 5:00 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001193125-26-335404
FAQ
- What is Novanta's asset turnover?
- Novanta (NOVT) reported asset turnover of 0.6× in Q2 2026.
- How has Novanta's asset turnover changed year-over-year?
- Novanta's asset turnover decreased by 14.2% year-over-year, from 0.7× to 0.6×.
- What is the long-term trend for Novanta's asset turnover?
- Over 5 years (2020 to 2025), Novanta's asset turnover has grown at a -2.1% compound annual growth rate (CAGR), from 0.7× to 0.6×.
- What does asset turnover mean?
- Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.
Ask your AI about Novanta's asset turnover.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude