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
DateValue
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%