Novanta (NOVTU) Return on Capital Employed (2011 - 2026)
Novanta (NOVTU) posted Return on Capital Employed of 5.63% for Q2 2026, down 13.47% quarter-over-quarter from 6.51% in Q4 2025, and down 401.0% year-on-year from 1.87% in Q2 2025.
Novanta (NOVTU) Return on Capital Employed (2011 - 2026) Analysis & Trends
Novanta (NOVTU) has reported Return on Capital Employed for 16 consecutive years, with 5.63% the latest figure, recorded in Q2 2026.
- Return on Capital Employed for Q2 2026 came in at 5.63%, down 401.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 5.63% (down 401.0% YoY), and the FY2025 annual result was 6.79%, down 292.0% from the prior year.
- Return on Capital Employed was 5.63% for Q2 2026 at Novanta, down from 6.51% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 10.76% in Q3 2023 and troughed at 5.63% in Q2 2026.
- Average Return on Capital Employed over 5 years is 8.74%, with a median of 8.95% recorded in 2024.
- Year-over-year, Return on Capital Employed soared 354 bps in 2022 and slumped 401 bps in 2026.
- Over 5 years, Return on Capital Employed stood at 9.73% in 2022, then grew by 6 bps to 10.32% in 2023, then decreased by 13 bps to 8.95% in 2024, then declined by 27 bps to 6.51% in 2025, then fell by 13 bps to 5.63% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 5.63% in Q2 2026, 6.51% in Q4 2025, and 7.26% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | -26.06% |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 5.63% |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 9.45% |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 8.78% |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 7.88% |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 8.21% |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 10.78% |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 4.26% |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 20.58% |
| 10 | Novanta | - | - | 113.58 Mn | 5.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 5.63% |
| Dec 31, 2025 | 6.51% |
| Sep 26, 2025 | 7.26% |
| Jun 27, 2025 | 8.42% |
| Mar 28, 2025 | 9.64% |
| Dec 31, 2024 | 8.95% |
| Sep 27, 2024 | 8.43% |
| Jun 28, 2024 | 8.26% |
| Mar 29, 2024 | 9.41% |
| Dec 31, 2023 | 10.32% |
| Sep 29, 2023 | 10.76% |
| Jun 30, 2023 | 10.43% |
| Mar 31, 2023 | 9.63% |
| Dec 31, 2022 | 9.73% |
| Sep 30, 2022 | 9.34% |
| Jul 1, 2022 | 8.39% |
| Apr 1, 2022 | 7.47% |
| Dec 31, 2021 | 6.19% |
| Oct 1, 2021 | 6.94% |
| Jul 2, 2021 | 7.59% |