Novanta ROI - Return on Investment 2010-2024 | NOVT
- Novanta average return on investment for 2023 was 7.36, a 3.08% decline from 2022.
- Novanta average return on investment for 2022 was 7.14, a 8.02% increase from 2021.
- Novanta average return on investment for 2021 was 6.61, a 0.45% increase from 2020.
Roi - return on investment can be defined as an indicator of how profitable a company is relative to its assets invested by shareholders and long-term bond holders. Calculated by dividing a company's operating earnings by its long-term debt and shareholders equity.