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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Novanta (NOVT) Asset Utilization Ratio (2016 - 2025)

Historic Asset Utilization Ratio for Novanta (NOVT) over the last 17 years, with Q3 2025 value amounting to 0.64.

  • Novanta's Asset Utilization Ratio fell 281.13% to 0.64 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.64, marking a year-over-year decrease of 281.13%. This contributed to the annual value of 0.73 for FY2024, which is 159.98% up from last year.
  • As of Q3 2025, Novanta's Asset Utilization Ratio stood at 0.64, which was down 281.13% from 0.66 recorded in Q2 2025.
  • In the past 5 years, Novanta's Asset Utilization Ratio registered a high of 0.73 during Q3 2023, and its lowest value of 0.58 during Q4 2021.
  • For the 5-year period, Novanta's Asset Utilization Ratio averaged around 0.67, with its median value being 0.68 (2024).
  • Its Asset Utilization Ratio has fluctuated over the past 5 years, first tumbled by 1544.49% in 2021, then soared by 2127.57% in 2022.
  • Quarter analysis of 5 years shows Novanta's Asset Utilization Ratio stood at 0.58 in 2021, then rose by 21.28% to 0.7 in 2022, then increased by 3.61% to 0.73 in 2023, then dropped by 7.18% to 0.68 in 2024, then decreased by 5.86% to 0.64 in 2025.
  • Its Asset Utilization Ratio was 0.64 in Q3 2025, compared to 0.66 in Q2 2025 and 0.69 in Q1 2025.