NOVANTA INC. (NOVT) Return on equity 2016–2025
NOVANTA INC. (NOVT) 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
More NOVT financial trends
NOVT RevenueNOVT Net incomeNOVT Net marginNOVT Gross profitNOVT Gross marginNOVT Operating incomeNOVT Operating marginNOVT Operating cash flowNOVT Free cash flowNOVT Capital expendituresNOVT Stock buybacksNOVT Dividends paidNOVT Total assetsNOVT Total liabilitiesNOVT Shareholders’ equityNOVT overview →