Novanta (NOVT) Asset Utilization Ratio (2011 - 2026)

Novanta (NOVT) has reported Asset Utilization Ratio for 16 consecutive years, with 0.52 the latest figure, recorded in Q3 2026.

• For the quarter ending Q3 2026, Asset Utilization Ratio fell 20.86% year-over-year to 0.52; the trailing twelve-month figure through Jul 2026 stood at 0.52 (down 20.86% YoY), and the FY2025 full-year result was 0.61, down 15.48% from the prior year.
• Asset Utilization Ratio eased to 0.52 in Q3 2026 per NOVT's latest filing, from 0.56 in the prior quarter.
• Across five years, Asset Utilization Ratio topped out at 0.73 in Q3 2023 and bottomed at 0.52 in Q3 2026.
• Historically, Asset Utilization Ratio has averaged 0.66 across 5 years, with a median of 0.67 in 2024.
• The sharpest annual moves came in 2022 and 2026: Asset Utilization Ratio grew 21.28% in 2022, then slipped 20.86% in 2026.
• Over 5 years, 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 slipped by 12.46% to 0.59 in 2025, then declined by 11.67% to 0.52 in 2026.
• According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.52, 0.56, and 0.59 for Q3 2026, Q2 2026, and Q4 2025 respectively.