Basis: Trailing twelve months (TTM net income over the latest quarterly balance sheet). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on assets (ROA) high or low?
The return on assets (ROA) of 2.89% is 40% below its 5-year average of 4.79%, near the low end of its 5-year range (2.89%–5.97%).
23.95% below its 12-month average of 3.80%.
Reported quarterly return on assets; no daily interpolation. Q2 FY2026 (2026-07-03): 0.59%.
RETURN ON ASSETS (ROA)
2.89%
RETURN ON ASSETS (ROA) AVG TTM
3.80%
RETURN ON ASSETS (ROA) AVG 3Y
4.88%
RETURN ON ASSETS (ROA) AVG 5Y
4.79%
RETURN ON ASSETS (ROA) AVG 10Y
5.66%
RETURN ON ASSETS (ROA) AVG 15Y
5.59%
RETURN ON ASSETS (ROA) AVG 20Y
4.97%
CURRENT VS TTM AVG
-23.95%
CURRENT VS 3Y AVG
-40.75%
CURRENT VS 5Y AVG
-39.71%
CURRENT VS 10Y AVG
-48.94%
CURRENT VS 15Y AVG
-48.32%
CURRENT VS 20Y AVG
-41.83%
SECTOR MEDIAN · TECHNOLOGY
-0.01%
median of 625 covered companies
CURRENT VS SECTOR MEDIAN
+29000.00%
vs the sector median at left
Novanta Inc.
Market Cap
$5.41B
Return on Assets (ROA)
2.89%
TTM Avg
3.80%
3Y Avg
4.88%
5Y Avg
4.79%
Market Cap
$5.40B
Return on Assets (ROA)
14.30%
TTM Avg
13.50%
3Y Avg
12.61%
5Y Avg
11.09%
Market Cap
$5.43B
Return on Assets (ROA)
-27.29%
TTM Avg
-47.27%
3Y Avg
-98.72%
5Y Avg
-66.39%
Market Cap
$5.35B
Return on Assets (ROA)
2.85%
TTM Avg
1.43%
3Y Avg
0.71%
5Y Avg
0.71%
Market Cap
$5.33B
Return on Assets (ROA)
7.01%
TTM Avg
6.79%
3Y Avg
7.00%
5Y Avg
6.07%
Market Cap
$5.49B
Return on Assets (ROA)
4.91%
TTM Avg
4.04%
3Y Avg
3.05%
5Y Avg
3.23%
Market Cap
$5.23B
Return on Assets (ROA)
-6.77%
TTM Avg
-11.62%
3Y Avg
-11.56%
5Y Avg
-7.11%
Market Cap
$5.64B
Return on Assets (ROA)
-8.55%
TTM Avg
-6.48%
3Y Avg
-8.51%
5Y Avg
-10.25%
Market Cap
$5.65B
Return on Assets (ROA)
23.41%
TTM Avg
14.86%
3Y Avg
2.19%
5Y Avg
0.16%
| NAME | MARKET CAP | RETURN ON ASSETS (ROA) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Novanta Inc. (NOVT) | $5.41B | 2.89% | 3.80% | 4.88% | 4.79% |
| ExlService Holdings, Inc. (EXLS)vs › | $5.40B | 14.30% | 13.50% | 12.61% | 11.09% |
| Core Scientific, Inc. (CORZ)vs › | $5.43B | -27.29% | -47.27% | -98.72% | -66.39% |
| Octave Intelligence plc (OCTV)vs › | $5.35B | 2.85% | 1.43% | 0.71% | 0.71% |
| Science Applications International Corporation (SAIC)vs › | $5.33B | 7.01% | 6.79% | 7.00% | 6.07% |
| Open Text Corporation (OTEX)vs › | $5.49B | 4.91% | 4.04% | 3.05% | 3.23% |
| Maase Inc. (MAAS)vs › | $5.23B | -6.77% | -11.62% | -11.56% | -7.11% |
| Varonis Systems, Inc. (VRNS)vs › | $5.64B | -8.55% | -6.48% | -8.51% | -10.25% |
| Pegasystems Inc. (PEGA)vs › | $5.65B | 23.41% | 14.86% | 2.19% | 0.16% |
| Genpact Limited (G)vs › | $5.68B | 10.76% | 9.88% | 10.15% | 9.06% |
ROA
2.9%
ROE
3.8%
ROA = Net Income / Total Assets
Return on assets measures how efficiently a company generates profit from its total assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON ASSETS (ROA) |
|---|---|
| 2025-12-31 | 2.98% |
| 2024-12-31 | 4.62% |
| 2023-12-31 | 5.94% |
| 2022-12-31 | 5.97% |
| 2021-12-31 | 4.10% |
| 2020-12-31 | 5.15% |
| 2019-12-31 | 4.69% |
| 2018-12-31 | 6.82% |
| 2017-12-31 | 8.26% |
| 2016-12-31 | 5.17% |
| 2015-12-31 | 8.56% |
| 2014-12-31 | -6.10% |
| 2013-12-31 | 1.93% |
| 2012-12-31 | 5.79% |
| 2011-12-31 | 8.31% |
| 2010-12-31 | -0.19% |
| 2009-12-31 | -17.20% |
| 2008-12-31 | -39.18% |
| 2007-12-31 | 3.44% |
| 2006-12-31 | 5.29% |
| 2005-12-31 | 2.59% |
| 2004-12-31 | 10.74% |
| 2003-12-31 | -0.70% |
| 2002-12-31 | -9.33% |
| 2001-12-31 | -4.37% |
| 2000-12-31 | 10.52% |
| 1999-12-31 | -12.01% |
| 1998-12-31 | -5.25% |
