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

144.88 2.61 −1.77%
Market cap
$5.6B
P/E
92.5×
Fwd P/E
80.1×
Dividend yield
—
F-score
5/9
Altman Z
6.64
Beneish M
−2.25
Dividend safety
n/a

Novanta Inc. (NOVT) Return on assets

Alert me on 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

Embed this chart

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

Low 3.37% High 8.77%
Ten-year median 5.23%
Current reading's percentile 9

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)

The full definition of Return on assets →

More on NOVT