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 official record: Novanta’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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
Questions, answered.
- What is Novanta's asset turnover?
- Novanta (NOVT) reported asset turnover of 0.6× in Q1 2026.
- How has Novanta's asset turnover changed year-over-year?
- Novanta's asset turnover decreased by 7.3% 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.