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Ratios

Novanta (NOVTU) Tax Rate (2016 - 2025)

Historic Tax Rate for Novanta (NOVTU) over the last 17 years, with Q3 2025 value amounting to 32.4%.

  • Novanta's Tax Rate rose 116200.0% to 32.4% in Q3 2025 from the same period last year, while for Sep 2025 it was 46.32%, marking a year-over-year increase of 76600.0%. This contributed to the annual value of 39.07% for FY2024, which is 85000.0% up from last year.
  • Per Novanta's latest filing, its Tax Rate stood at 32.4% for Q3 2025, which was up 116200.0% from 22.32% recorded in Q2 2025.
  • In the past 5 years, Novanta's Tax Rate ranged from a high of 117.91% in Q4 2022 and a low of 20.78% during Q2 2021
  • In the last 5 years, Novanta's Tax Rate had a median value of 19.23% in 2021 and averaged 30.35%.
  • As far as peak fluctuations go, Novanta's Tax Rate crashed by -204600bps in 2021, and later surged by 699800bps in 2022.
  • Quarter analysis of 5 years shows Novanta's Tax Rate stood at 47.93% in 2021, then skyrocketed by 146bps to 117.91% in 2022, then fell by -3bps to 114.07% in 2023, then dropped by -15bps to 97.33% in 2024, then crashed by -67bps to 32.4% in 2025.
  • Its Tax Rate was 32.4% in Q3 2025, compared to 22.32% in Q2 2025 and 19.72% in Q1 2025.