Bank Of Nova Scotia (BNS) Return on Invested Capital [ROIC] (2011 - 2026)
Bank Of Nova Scotia's Return on Invested Capital [ROIC] came in at 6.87% for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 0.81 percentage points from 6.06% a year earlier and up 0.16 percentage points from the prior quarter.
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Analysis
Bank Of Nova Scotia (BNS) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Bank Of Nova Scotia's Return on Invested Capital [ROIC] was 8.19%, down 0.04 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of -0.55 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Return on Invested Capital [ROIC] was 8.23% in FY2024 (+0.14 pp), 8.09% in FY2023 (-0.30 pp), 8.39% in FY2022 (-0.28 pp) and 8.67% in FY2021 (-0.07 pp).
- The fiscal Q3 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since fiscal Q4 2022.
- Year-over-year, Return on Invested Capital [ROIC] has increased for three consecutive quarters, with an average year-over-year change of +0.18 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in fiscal Q3 2022 (a gain of 1.83 percentage points), and the weakest in fiscal Q4 2023 (a drop of 1.23 percentage points).
- Business Quant data shows BNS's Return on Invested Capital [ROIC] at 6.72% (Q2 2026), 6.49% (Q1 2026) and 6.19% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 218.60 Bn | 162.40 Bn | - | - |
| 2 | Citigroup | 215.60 Bn | -2,084.27 Bn | 24.75 Bn | 8.62% |
| 3 | Bank Of Nova Scotia | 112.75 Bn | -322.46 Bn | - | 6.87% |
| 4 | Nokia | 60.87 Bn | 60.87 Bn | 2.58 Bn | - |
| 5 | Haleon | 39.39 Bn | 32.59 Bn | - | - |
| 6 | Gold Fields | 31.89 Bn | 28.69 Bn | - | - |
| 7 | Sprott Physical Gold Trust | 14.84 Bn | 14.71 Bn | - | - |
| 8 | Sprott Physical Silver Trust | 12.02 Bn | 11.70 Bn | - | - |
| 9 | Magnum Ice Cream | 10.70 Bn | 9.38 Bn | - | - |
| 10 | Sprott Physical Gold & Silver Trust | 7.92 Bn | 7.85 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 6.87% |
| Apr 30, 2026 | 6.72% |
| Jan 31, 2026 | 6.49% |
| Oct 31, 2025 | 6.19% |
| Jul 31, 2025 | 6.06% |
| Apr 30, 2025 | 6.03% |
| Jan 31, 2025 | 5.96% |
| Oct 31, 2024 | 6.21% |
| Jul 31, 2024 | 6.23% |
| Apr 30, 2024 | 6.29% |
| Jan 31, 2024 | 6.37% |
| Oct 31, 2023 | 5.90% |
| Jul 31, 2023 | 6.08% |
| Apr 30, 2023 | 6.32% |
| Jan 31, 2023 | 6.61% |
| Oct 31, 2022 | 7.13% |
| Jul 31, 2022 | 7.28% |
| Apr 30, 2022 | 7.36% |
| Jan 31, 2022 | 7.32% |
| Oct 31, 2021 | 6.36% |
API Access
Bank Of Nova Scotia Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=BNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "BNS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=BNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();