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

Novanta (NOVT) has reported Asset Utilization Ratio for 16 consecutive years, with 0.56 the latest figure, recorded in Q2 2026.

• Asset Utilization Ratio for Q2 2026 came in at 0.56, down 18.77% year-over-year; the trailing twelve-month figure through Apr 2026 was 0.56 (down 18.77% YoY), and the FY2025 annual result was 0.61, down 15.48% from the prior year.
• Asset Utilization Ratio was 0.56 for Q2 2026 at Novanta, down from 0.59 in the prior quarter.
• Over five years, Asset Utilization Ratio peaked at 0.73 in Q3 2023 and troughed at 0.56 in Q2 2026.
• Average Asset Utilization Ratio over 5 years is 0.67, with a median of 0.68 recorded in 2024.
• Year-over-year, Asset Utilization Ratio increased 21.28% in 2022 and declined 18.77% in 2026.
• Over 5 years, Asset Utilization Ratio stood at 0.7 in 2022, then rose by 3.61% to 0.73 in 2023, then retreated by 7.18% to 0.68 in 2024, then dropped by 12.46% to 0.59 in 2025, then slipped by 5.85% to 0.56 in 2026.
• Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.56 in Q2 2026, 0.59 in Q4 2025, and 0.64 in Q3 2025.