Novanta NOVT Return on assets
Return on assets 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 →
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Questions, answered.
- What is Novanta's return on assets?
- Novanta (NOVT) reported return on assets of 3.4% in Q1 2026.
- How has Novanta's return on assets changed year-over-year?
- Novanta's return on assets decreased by 33.2% year-over-year, from 5.1% to 3.4%.
- What is the long-term trend for Novanta's return on assets?
- Over 5 years (2020 to 2025), Novanta's return on assets has grown at a -8.1% compound annual growth rate (CAGR), from 5.1% to 3.4%.
- What does return on assets mean?
- Trailing-twelve-month net income divided by average total assets. Measures how efficiently the asset base generates profit, independent of how those assets are financed. Computed as net income over average total assets — note this is OpenCapital's standard definition and may differ from data vendors that use alternative numerators.