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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 - 2026)

Novanta filings provide 16 years of Asset Utilization Ratio readings, the most recent being 0.56 for Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio fell 18.77% to 0.56 in Q2 2026 year-over-year; TTM through Apr 2026 was 0.56, a 18.77% decrease, with the full-year FY2025 number at 0.61, down 15.48% from a year prior.
  • Asset Utilization Ratio hit 0.56 in Q2 2026 for Novanta, down from 0.59 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.73 in Q3 2023 to a low of 0.56 in Q2 2026.
  • Median Asset Utilization Ratio over the past 5 years was 0.68 (2024), compared with a mean of 0.67.
  • Biggest five-year swings in Asset Utilization Ratio: increased 21.28% in 2022 and later decreased 18.77% in 2026.
  • Novanta's Asset Utilization Ratio stood at 0.7 in 2022, then increased by 3.61% to 0.73 in 2023, then fell by 7.18% to 0.68 in 2024, then fell by 12.46% to 0.59 in 2025, then decreased by 5.85% to 0.56 in 2026.
  • The last three reported values for Asset Utilization Ratio were 0.56 (Q2 2026), 0.59 (Q4 2025), and 0.64 (Q3 2025) per Business Quant data.