NOVANTA INC Annual Return On Equity in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Novanta Inc quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Novanta Inc Return On Equity for the quarter ending September 27, 2024 was 8.59 %, a 30.5% decline year-over-year.
  • Novanta Inc annual Return On Equity for 2023 was 11.5 %, a 15.4% decline from 2022.
  • Novanta Inc annual Return On Equity for 2022 was 13.6 %, a 33.9% increase from 2021.
  • Novanta Inc annual Return On Equity for 2021 was 10.1 %, a 0.7% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 11.5 -2.08 -15.4% Jan 1, 2023 Dec 31, 2023
2022 13.6 +3.43 +33.9% Jan 1, 2022 Dec 31, 2022
2021 10.1 +0.07 +0.7% Jan 1, 2021 Dec 31, 2021
2020 10 -0.24 -2.33% Jan 1, 2020 Dec 31, 2020
2019 10.3 -4.05 -28.3% Jan 1, 2019 Dec 31, 2019
2018 14.3 Jan 1, 2018 Dec 31, 2018
2015 15.3 +25.5 Jan 1, 2015 Dec 31, 2015
2014 -10.2 -13.4 -425% Jan 1, 2014 Dec 31, 2014
2013 3.15 -5.74 -64.6% Jan 1, 2013 Dec 31, 2013
2012 8.89 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.