NOVANTA INC. (NOVTU) Return on equity 2016–2025
NOVANTA INC. (NOVTU) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
4.1%FY2025 · since FY2016: 8.5% → 4.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 4.1% | -4.5 pp |
| FY2024 | 8.6% | -2.2 pp |
| FY2023 | 10.8% | -2.0 pp |
| FY2022 | 12.8% | +3.2 pp |
| FY2021 | 9.7% | +0.3 pp |
| FY2020 | 9.3% | -0.4 pp |
| FY2019 | 9.8% | -3.6 pp |
| FY2018 | 13.3% | -5.9 pp |
| FY2017 | 19.3% | +10.8 pp |
| FY2016 | 8.5% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
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