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

Novanta (NOVT) Asset Utilization Ratio: 2009-2025

Historic Asset Utilization Ratio for Novanta (NOVT) over the last 16 years, with Sep 2025 value amounting to 0.64.

  • Novanta's Asset Utilization Ratio fell 2.81% 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 2.81%. This contributed to the annual value of 0.73 for FY2024, which is 1.60% up from last year.
  • Per Novanta's latest filing, its Asset Utilization Ratio stood at 0.64 for Q3 2025, which was down 3.65% from 0.66 recorded in Q2 2025.
  • In the past 5 years, Novanta's Asset Utilization Ratio ranged from a high of 0.73 in Q3 2023 and a low of 0.58 during Q4 2021.
  • Over the past 3 years, Novanta's median Asset Utilization Ratio value was 0.68 (recorded in 2024), while the average stood at 0.68.
  • Per our database at Business Quant, Novanta's Asset Utilization Ratio fell by 15.44% in 2021 and then rose by 21.28% in 2022.
  • Quarterly analysis of 5 years shows Novanta's Asset Utilization Ratio stood at 0.58 in 2021, then climbed by 21.28% to 0.70 in 2022, then climbed by 3.61% to 0.73 in 2023, then fell by 7.18% to 0.68 in 2024, then dropped by 2.81% 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.