Nova (NVMI) Return on Capital Employed (2010 - 2025)

Nova (NVMI) posted Return on Capital Employed of 12.02% for Q4 2025, down 22.3% sequentially from 15.46% in Q3 2025, and down 724.0% on a YoY basis from 1.93% in Q4 2024.

Nova (NVMI) Return on Capital Employed (2010 - 2025) Analysis & Trends

Nova has disclosed Return on Capital Employed across 16 years of filings, most recently posting 12.02% for Q4 2025.

  • On a quarterly basis, Return on Capital Employed fell 724.0% year-over-year to 12.02% in Q4 2025; TTM through Dec 2025 was 12.02%, a 724.0% decrease from a year earlier, with the FY2025 full-year figure at 15.35%, down 611.0% from the prior year.
  • Return on Capital Employed came in at 12.02% for Q4 2025 at Nova, down from 15.46% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 24.46% in Q1 2022 and troughed at 10.44% in Q1 2021.
  • Historically, Return on Capital Employed has averaged 18.08% across 5 years, with a median of 17.99% in 2022.
  • Year-over-year, Return on Capital Employed soared 1402 bps in 2022 and tumbled 738 bps in 2023.
  • Nova's Return on Capital Employed stood at 22.36% in 2021, then declined by 19 bps to 18.18% in 2022, then retreated by 7 bps to 16.82% in 2023, then rose by 14 bps to 19.26% in 2024, then sank by 38 bps to 12.02% in 2025.
  • The last three Return on Capital Employed figures came in at 12.02% (Q4 2025), 15.46% (Q3 2025), and 20.35% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Asml Holding 636.08 Bn 620.57 Bn 5.90 Bn 59.95%
2 Applied Materials 406.04 Bn 399.30 Bn 3.95 Bn 27.69%
3 Lam Research 369.24 Bn 364.49 Bn 2.91 Bn 46.86%
4 Kla 240.65 Bn 238.86 Bn 2.09 Bn 41.84%
5 Teradyne 58.07 Bn 57.82 Bn 780.95 Mn 30.40%
6 Qnity Electronics 27.70 Bn 26.85 Bn 618.00 Mn 9.95%
7 Entegris 18.25 Bn 17.80 Bn 380.80 Mn 6.05%
8 Onto Innovation 12.83 Bn 12.17 Bn 146.39 Mn 4.77%
9 Amkor Technology 12.41 Bn 9.90 Bn 318.59 Mn 9.35%
10 Nova 76.04 Mn -138.74 Mn 128.23 Mn 12.02%

Historic Data

Download Data
DateValue
Dec 31, 2025 12.02%
Sep 30, 2025 15.46%
Jun 30, 2025 20.35%
Mar 31, 2025 20.83%
Dec 31, 2024 19.26%
Sep 30, 2024 17.96%
Jun 30, 2024 17.28%
Mar 31, 2024 16.24%
Dec 31, 2023 16.82%
Sep 30, 2023 18.33%
Jun 30, 2023 19.49%
Mar 31, 2023 17.08%
Dec 31, 2022 18.18%
Sep 30, 2022 17.88%
Jun 30, 2022 18.02%
Mar 31, 2022 24.46%
Dec 31, 2021 22.36%
Sep 30, 2021 21.42%
Jun 30, 2021 17.80%
Mar 31, 2021 10.44%