Novanta Inc.
NOVT Technology Scientific & Technical Instruments
Novanta Inc.’s revenue for fiscal 2025 (year ended December 2025) was $980.6 million, up 3.30% from fiscal 2024.
- Revenue
- +10.3%
- EPS
- +158.3%
- Free cash flow
- +391.8%
- Total debt
- −50.0%
Quarter to June 2026, against a year earlier
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Novanta Inc. (NOVT) Return on assets
Novanta Inc.'s return on assets over the twelve months to 30 June 2026 was 3.38%, up 0.0 percentage points from fiscal 2025 (3.37%). Over the past ten years it has ranged from 3.37% (fiscal 2025) to 8.77% (fiscal 2015) — the current reading is the lowest in ten years. That is above the Scientific & Technical Instruments industry median of 1.12% and above the Technology sector median of 0.00%.
Return on assets, annual
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Annual newest first
| Period | Return on assets | Change (points) |
|---|---|---|
| FY2025 | 3.37% | (1.53) |
| FY2024 | 4.90% | (1.01) |
| FY2023 | 5.91% | (0.09) |
| FY2022 | 6.00% | 1.19 |
| FY2021 | 4.81% | (0.32) |
| FY2020 | 5.13% | 0.00 |
| FY2019 | 5.13% | (1.91) |
| FY2018 | 7.04% | 0.13 |
| FY2017 | 6.91% | 1.68 |
| FY2016 | 5.23% | (3.54) |
Against its own ten years
Return on assets against peers
| Company | Return on assets |
|---|---|
| BMI Badger Meter, Inc. compare | 13.2% |
| ESE ESCO Technologies Inc. compare | 12.7% |
| CGNX Cognex Corporation compare | 8.36% |
| VNT Vontier Corporation compare | 8.28% |
| ITRI Itron, Inc. compare | 7.15% |
| ST Sensata Technologies Holding N.V. compare | 5.33% |
| MKSI MKS Inc. compare | 4.95% |
| NOVT Novanta Inc. | 3.38% |
| TRMB Trimble Inc. compare | −1.19% |
| Scientific & Technical Instruments industry median | 1.12% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Return on assets is
ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.
Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)
More on NOVT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement