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

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Novanta Inc quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
  • Novanta Inc Return On Assets for the quarter ending June 28, 2024 was 4.75 %, a 24.1% decline year-over-year.
  • Novanta Inc annual Return On Assets for 2023 was 5.97 %, a 1.97% decline from 2022.
  • Novanta Inc annual Return On Assets for 2022 was 6.09 %, a 26.1% increase from 2021.
  • Novanta Inc annual Return On Assets for 2021 was 4.83 %, a 7.12% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 5.97 -0.12 -1.97% Jan 1, 2023 Dec 31, 2023
2022 6.09 +1.26 +26.1% Jan 1, 2022 Dec 31, 2022
2021 4.83 -0.37 -7.12% Jan 1, 2021 Dec 31, 2021
2020 5.2 +0.2 +4% Jan 1, 2020 Dec 31, 2020
2019 5 -1.65 -24.8% Jan 1, 2019 Dec 31, 2019
2018 6.65 -2.83 -29.9% Jan 1, 2018 Dec 31, 2018
2017 9.48 +4.22 +80.2% Jan 1, 2017 Dec 31, 2017
2016 5.26 -3.17 -37.6% Jan 1, 2016 Dec 31, 2016
2015 8.43 +13.9 Jan 1, 2015 Dec 31, 2015
2014 -5.49 -7.38 -391% Jan 1, 2014 Dec 31, 2014
2013 1.89 -3.83 -67% Jan 1, 2013 Dec 31, 2013
2012 5.72 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.