Growth Metrics

Novanta (NOVT) Tax Rate (2016 - 2025)

Novanta's Tax Rate history spans 16 years, with the latest figure at 19.4% for Q4 2025.

  • For Q4 2025, Tax Rate fell 7793.0% year-over-year to 19.4%; the TTM value through Dec 2025 reached 22.71%, down 1636.0%, while the annual FY2025 figure was 22.71%, 1636.0% down from the prior year.
  • Tax Rate reached 19.4% in Q4 2025 per NOVT's latest filing, down from 32.4% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 117.91% in Q4 2022 to a low of 20.78% in Q2 2021.
  • Average Tax Rate over 5 years is 29.8%, with a median of 19.32% recorded in 2025.
  • Peak YoY movement for Tax Rate: surged 6998bps in 2022, then crashed -7793bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 47.93% in 2021, then skyrocketed by 146bps to 117.91% in 2022, then dropped by -3bps to 114.07% in 2023, then decreased by -15bps to 97.33% in 2024, then crashed by -80bps to 19.4% in 2025.
  • Per Business Quant, the three most recent readings for NOVT's Tax Rate are 19.4% (Q4 2025), 32.4% (Q3 2025), and 22.32% (Q2 2025).