Novanta (NOVT) Return on Equity [ROE] (2011 - 2026)
Novanta (NOVT) recorded Return on Equity [ROE] of 4.22% in Q2 2026, down 3.59 percentage points from 7.81% a year earlier but up 0.13 percentage points from the prior quarter.
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Analysis
Novanta (NOVT) Return on Equity [ROE] (2011 - 2026) Analysis & Trends
For FY2025, Novanta reported Return on Equity [ROE] of 5.23%, down 3.81 percentage points from FY2024.
- Annual Return on Equity [ROE] has declined for three straight years, with a five-year change of -4.73 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Equity [ROE] came in at 9.03% in FY2024 (-2.62 pp), 11.65% in FY2023 (-1.83 pp), 13.48% in FY2022 (+3.39 pp) and 10.09% in FY2021 (+0.13 pp).
- Quarterly Return on Equity [ROE] has ranged from 4.09% in Q1 2026 to 13.50% in Q3 2022 over the past five years.
- On a year-over-year basis, Return on Equity [ROE] has declined for 12 consecutive quarters, with an average year-over-year change of -2.77 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 3.59 percentage points in Q3 2022, against a drop of 5.23 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.09% (Q1 2026), 5.09% (Q4 2025) and 6.59% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 56.98% |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 34.94% |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 17.59% |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 19.13% |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 24.30% |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 38.48% |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 12.67% |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 95.38% |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 104.29% |
| 10 | Novanta | 5.64 Bn | 4.07 Bn | 120.92 Mn | 4.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 4.22% |
| Apr 3, 2026 | 4.09% |
| Dec 31, 2025 | 5.09% |
| Sep 26, 2025 | 6.59% |
| Jun 27, 2025 | 7.81% |
| Mar 28, 2025 | 9.32% |
| Dec 31, 2024 | 8.61% |
| Sep 27, 2024 | 8.33% |
| Jun 28, 2024 | 8.99% |
| Mar 29, 2024 | 10.23% |
| Dec 31, 2023 | 11.06% |
| Sep 29, 2023 | 11.90% |
| Jun 30, 2023 | 12.56% |
| Mar 31, 2023 | 12.50% |
| Dec 31, 2022 | 13.23% |
| Sep 30, 2022 | 13.50% |
| Jul 1, 2022 | 11.93% |
| Apr 1, 2022 | 10.95% |
| Dec 31, 2021 | 9.86% |
| Oct 1, 2021 | 9.91% |
API Access
Novanta Return on Equity [ROE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=NOVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "NOVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();