Novonix (NVX) Invested Capital (2020 - 2026)
Novonix (NVX) recorded Invested Capital of $242.45 million in the quarter ended Jun 30, 2026, up 26.3% from $192.03 million a year earlier.
Novonix (NVX) Invested Capital (2020 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Novonix reported Invested Capital of $255.52 million, up 26.5% from the prior year.
- Annual Invested Capital has a five-year compound annual growth rate of 40.9% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Invested Capital came in at $202.03 million in the year ended Dec 31, 2024 (-18.7%), $248.5 million in the year ended Dec 31, 2023 (-5.2%), $262.22 million in the year ended Dec 31, 2022 (+94.9%) and $134.53 million in the year ended Dec 31, 2021.
- Quarterly Invested Capital has ranged from $134.53 million in the quarter ended Dec 31, 2021 to $266.16 million in the quarter ended Jun 30, 2023 over the past five years.
- On a year-over-year basis, Invested Capital rose in two of the last four quarters, with growth averaging 2.6%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 64.54 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 34.42 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 51.21 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 40.91 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 23.93 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 7.70 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 33.51 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 15.56 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 12.59 Bn |
| 10 | Novonix | 44.65 Mn | -179.87 Mn | - | 242.45 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 242.45 Mn |
| Dec 31, 2025 | 255.52 Mn |
| Jun 30, 2025 | 192.03 Mn |
| Dec 31, 2024 | 202.03 Mn |
| Jun 30, 2024 | 252.11 Mn |
| Dec 31, 2023 | 248.50 Mn |
| Jun 30, 2023 | 266.16 Mn |
| Dec 31, 2022 | 262.22 Mn |
| Jun 30, 2022 | 299.38 Mn |
| Dec 31, 2021 | 134.53 Mn |
| Jun 30, 2021 | 146.82 Mn |
| Jun 30, 2020 | 46.05 Mn |
Novonix Invested Capital 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=invested-capital&ticker=NVX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "NVX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=NVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();