Nova ROE - Return on Equity 2010-2025 | NVMI
- Nova average return on equity for 2024 was 20.24, a 7.92% increase from 2023.
- Nova average return on equity for 2023 was 21.98, a 11.41% decline from 2022.
- Nova average return on equity for 2022 was 24.81, a 31.34% decline from 2021.
Roe - 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.