Novavax (NVAX) Return on Assets [ROA] (2011 - 2026)
Novavax's Return on Assets [ROA] was -24.79% in Q2 2026, down 56.95 percentage points from 32.16% a year earlier and down 16.87 percentage points from the prior quarter.
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Analysis
Novavax (NVAX) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2025, Return on Assets [ROA] at Novavax came in at 32.17%, up 43.34 percentage points from FY2024.
- Return on Assets [ROA] has now increased for four consecutive years, with a five-year change of +79.83 percentage points (FY2020 to FY2025).
- In earlier years, Return on Assets [ROA] was -11.17% in FY2024 (+15.71 pp), -26.88% in FY2023 (+0.34 pp), -27.21% in FY2022 (+56.64 pp) and -83.85% in FY2021 (-36.20 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Assets [ROA] since Q1 2024.
- Compared with a year earlier, Return on Assets [ROA] was higher in six of the last eight quarters, with an average year-over-year change of +17.51 percentage points.
- The best year-over-year quarter for Return on Assets [ROA] over five years was Q1 2025 (a gain of 58.86 percentage points); the worst was Q2 2026 (a drop of 56.95 percentage points).
- Per Business Quant data, NVAX's Return on Assets [ROA] in the three quarters before Q2 2026 was -7.91% (Q1 2026), 37.37% (Q4 2025) and 27.16% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,261.99 Bn | 1,235.61 Bn | 20.46 Bn | 19.00% |
| 2 | Johnson & Johnson | 678.93 Bn | 598.79 Bn | 17.30 Bn | 8.08% |
| 3 | AbbVie | 518.29 Bn | 486.30 Bn | 13.12 Bn | 7.32% |
| 4 | Merck | 365.98 Bn | 328.92 Bn | 13.19 Bn | 1.87% |
| 5 | Novartis Ag | 316.85 Bn | 290.09 Bn | - | - |
| 6 | Astrazeneca | 293.40 Bn | 267.29 Bn | 13.26 Bn | 9.36% |
| 7 | Amgen | 251.78 Bn | 203.43 Bn | 7.58 Bn | 9.80% |
| 8 | Gilead Sciences | 210.61 Bn | 185.71 Bn | 6.73 Bn | -7.67% |
| 9 | Pfizer | 166.87 Bn | 114.23 Bn | 12.56 Bn | 2.00% |
| 10 | Novavax | 1.80 Bn | -1.06 Bn | 44.81 Mn | -8.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -8.32% |
| Jun 30, 2026 | -24.79% |
| Mar 31, 2026 | -7.91% |
| Dec 31, 2025 | 37.37% |
| Sep 30, 2025 | 27.16% |
| Jun 30, 2025 | 32.16% |
| Mar 31, 2025 | 33.55% |
| Dec 31, 2024 | -11.46% |
| Sep 30, 2024 | -16.13% |
| Jun 30, 2024 | -18.56% |
| Mar 31, 2024 | -25.31% |
| Dec 31, 2023 | -31.56% |
| Sep 30, 2023 | -32.85% |
| Jun 30, 2023 | -36.36% |
| Mar 31, 2023 | -60.78% |
| Dec 31, 2022 | -29.07% |
| Sep 30, 2022 | -54.06% |
| Jun 30, 2022 | -54.08% |
| Mar 31, 2022 | -48.70% |
| Dec 31, 2021 | -67.81% |
API Access
Novavax 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=NVAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "NVAX", "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=NVAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();