Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
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)

Novanta's Asset Utilization Ratio history spans 15 years, with the latest figure at 0.59 for Q4 2025.

  • For Q4 2025, Asset Utilization Ratio fell 12.46% year-over-year to 0.59; the TTM value through Dec 2025 reached 0.59, down 12.46%, while the annual FY2025 figure was 0.61, 15.48% down from the prior year.
  • Asset Utilization Ratio reached 0.59 in Q4 2025 per NOVT's latest filing, down from 0.64 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 0.58 in Q4 2021.
  • Average Asset Utilization Ratio over 5 years is 0.67, with a median of 0.68 recorded in 2024.
  • Peak YoY movement for Asset Utilization Ratio: fell 15.44% in 2021, then grew 21.28% in 2022.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.58 in 2021, then grew by 21.28% to 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.
  • Per Business Quant, the three most recent readings for NOVT's Asset Utilization Ratio are 0.59 (Q4 2025), 0.64 (Q3 2025), and 0.66 (Q2 2025).