Novanta ROA - Return on Assets 2010-2024 | NOVT
- Novanta average return on assets for 2023 was 6.05, a 7.84% decline from 2022.
- Novanta average return on assets for 2022 was 5.61, a 10.22% increase from 2021.
- Novanta average return on assets for 2021 was 5.09, a 3.25% increase from 2020.
Roa - 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.