Novanta (NOVTU) Return on Assets [ROA] (2011 - 2026)
Novanta (NOVTU) recorded Return on Assets [ROA] of 3.14% in Q2 2026, down 1.10 percentage points from 4.24% a year earlier but up 0.16 percentage points from the prior quarter.
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Analysis
Novanta (NOVTU) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2025, Novanta reported Return on Assets [ROA] of 3.37%, down 1.53 percentage points from FY2024.
- Annual Return on Assets [ROA] has declined for three straight years, with a five-year change of -1.76 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Assets [ROA] came in at 4.90% in FY2024 (-1.01 pp), 5.91% in FY2023 (-0.09 pp), 6.00% in FY2022 (+1.19 pp) and 4.81% in FY2021 (-0.32 pp).
- Quarterly Return on Assets [ROA] has ranged from 2.98% in Q1 2026 to 6.26% in Q2 2023 over the past five years.
- On a year-over-year basis, Return on Assets [ROA] has declined for 11 consecutive quarters, with an average year-over-year change of -1.13 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 1.92 percentage points in Q4 2022, against a drop of 2.11 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.98% (Q1 2026), 3.25% (Q4 2025) and 3.50% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 3.14% |
| Apr 3, 2026 | 2.98% |
| Dec 31, 2025 | 3.25% |
| Sep 26, 2025 | 3.50% |
| Jun 27, 2025 | 4.24% |
| Mar 28, 2025 | 5.09% |
| Dec 31, 2024 | 4.57% |
| Sep 27, 2024 | 4.27% |
| Jun 28, 2024 | 4.43% |
| Mar 29, 2024 | 5.26% |
| Dec 31, 2023 | 6.02% |
| Sep 29, 2023 | 6.23% |
| Jun 30, 2023 | 6.26% |
| Mar 31, 2023 | 5.96% |
| Dec 31, 2022 | 6.05% |
| Sep 30, 2022 | 6.01% |
| Jul 1, 2022 | 5.28% |
| Apr 1, 2022 | 4.75% |
| Dec 31, 2021 | 4.13% |
| Oct 1, 2021 | 4.72% |
API Access
Novanta Return on Assets [ROA] 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-assets-%5Broa%5D&ticker=NOVTU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "NOVTU", "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-assets-%5Broa%5D&ticker=NOVTU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();