Growth Metrics

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

Novanta (NOVT) has disclosed Asset Utilization Ratio for 15 consecutive years, with 0.59 as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Asset Utilization Ratio fell 12.46% year-over-year to 0.59, compared with a TTM value of 0.59 through Dec 2025, down 12.46%, and an annual FY2025 reading of 0.61, down 15.48% over the prior year.
  • Asset Utilization Ratio was 0.59 for Q4 2025 at Novanta, down from 0.64 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.73 in Q3 2023 and bottomed at 0.58 in Q4 2021.
  • Average Asset Utilization Ratio over 5 years is 0.67, with a median of 0.68 recorded in 2024.
  • The sharpest move saw Asset Utilization Ratio fell 15.44% in 2021, then grew 21.28% in 2022.
  • Year by year, Asset Utilization Ratio 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.
  • Business Quant data shows Asset Utilization Ratio for NOVT at 0.59 in Q4 2025, 0.64 in Q3 2025, and 0.66 in Q2 2025.