Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 3.82% is 59% below its 5-year average of 9.34%, near the low end of its 5-year range (3.82%–13.38%).
As of the fiscal period ended Friday, July 3, 2026. 17.85% below its 12-month average of 4.65%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-07-03): 3.82%.
RETURN ON EQUITY (ROE)
3.82%
RETURN ON EQUITY (ROE) AVG TTM
4.65%
RETURN ON EQUITY (ROE) AVG 3Y
7.81%
RETURN ON EQUITY (ROE) AVG 5Y
9.34%
RETURN ON EQUITY (ROE) AVG 10Y
9.88%
RETURN ON EQUITY (ROE) AVG 15Y
9.50%
RETURN ON EQUITY (ROE) AVG 20Y
8.62%
CURRENT VS TTM AVG
-17.85%
CURRENT VS 3Y AVG
-51.07%
CURRENT VS 5Y AVG
-59.08%
CURRENT VS 10Y AVG
-61.31%
CURRENT VS 15Y AVG
-59.80%
CURRENT VS 20Y AVG
-55.69%
SECTOR MEDIAN · TECHNOLOGY
1.98%
median of 521 covered companies
CURRENT VS SECTOR MEDIAN
+92.98%
vs the sector median at left
Novanta Inc.
Market Cap
$5.39B
Return on Equity (ROE)
3.82%
TTM Avg
4.65%
3Y Avg
7.81%
5Y Avg
9.34%
Market Cap
$5.39B
Return on Equity (ROE)
N/A
TTM Avg
95.16%
3Y Avg
188.98%
5Y Avg
125.06%
Market Cap
$5.45B
Return on Equity (ROE)
28.86%
TTM Avg
24.41%
3Y Avg
22.11%
5Y Avg
19.57%
Market Cap
$5.37B
Return on Equity (ROE)
3.23%
TTM Avg
1.61%
3Y Avg
0.81%
5Y Avg
0.81%
Market Cap
$5.33B
Return on Equity (ROE)
26.46%
TTM Avg
23.41%
3Y Avg
22.81%
5Y Avg
20.32%
Market Cap
$5.50B
Return on Equity (ROE)
16.02%
TTM Avg
13.55%
3Y Avg
10.46%
5Y Avg
9.90%
Market Cap
$5.61B
Return on Equity (ROE)
-31.81%
TTM Avg
-21.31%
3Y Avg
-22.01%
5Y Avg
-34.59%
Market Cap
$5.18B
Return on Equity (ROE)
-22.54%
TTM Avg
-21.31%
3Y Avg
-20.11%
5Y Avg
-12.67%
Market Cap
$5.18B
Return on Equity (ROE)
15.08%
TTM Avg
14.59%
3Y Avg
12.57%
5Y Avg
11.09%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Novanta Inc. (NOVT) | $5.39B | 3.82% | 4.65% | 7.81% | 9.34% |
| Core Scientific, Inc. (CORZ)vs › | $5.39B | N/A | 95.16% | 188.98% | 125.06% |
| ExlService Holdings, Inc. (EXLS)vs › | $5.45B | 28.86% | 24.41% | 22.11% | 19.57% |
| Octave Intelligence plc (OCTV)vs › | $5.37B | 3.23% | 1.61% | 0.81% | 0.81% |
| Science Applications International Corporation (SAIC)vs › | $5.33B | 26.46% | 23.41% | 22.81% | 20.32% |
| Open Text Corporation (OTEX)vs › | $5.50B | 16.02% | 13.55% | 10.46% | 9.90% |
| Varonis Systems, Inc. (VRNS)vs › | $5.61B | -31.81% | -21.31% | -22.01% | -34.59% |
| Maase Inc. (MAAS)vs › | $5.18B | -22.54% | -21.31% | -20.11% | -12.67% |
| ACI Worldwide, Inc. (ACIW)vs › | $5.18B | 15.08% | 14.59% | 12.57% | 11.09% |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $5.14B | 12.69% | 0.03% | -0.80% | 13.48% |
ROE
3.8%
ROA
2.9%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-07-03 | 3.82% |
| 2026-04-03 | 4.10% |
| 2025-12-31 | 4.10% |
| 2025-09-26 | 6.59% |
| 2025-06-27 | 7.66% |
| 2025-03-28 | 9.17% |
| 2024-12-31 | 8.59% |
| 2024-09-27 | 8.10% |
| 2024-06-28 | 8.86% |
| 2024-03-29 | 10.16% |
| 2023-12-31 | 10.82% |
| 2023-09-29 | 11.73% |
| 2023-06-30 | 12.28% |
| 2023-03-31 | 12.29% |
| 2022-12-31 | 12.82% |
| 2022-09-30 | 13.38% |
| 2022-07-01 | 11.96% |
| 2022-04-01 | 10.82% |
| 2021-12-31 | 9.66% |
| 2021-10-01 | 9.84% |
| 2021-07-02 | 8.90% |
| 2021-04-02 | 9.22% |
| 2020-12-31 | 9.34% |
| 2020-10-02 | 9.10% |
| 2020-07-03 | 9.67% |
| 2020-04-03 | 9.80% |
| 2019-12-31 | 9.77% |
| 2019-09-27 | 10.72% |
| 2019-06-28 | 12.64% |
| 2019-03-29 | 13.02% |
| 2018-12-31 | 13.34% |
| 2018-09-28 | 12.88% |
| 2018-06-29 | 12.12% |
| 2018-03-30 | 11.84% |
| 2017-12-31 | 19.28% |
| 2017-09-29 | 19.07% |
| 2017-06-30 | 19.33% |
| 2017-03-31 | 18.47% |
| 2016-12-31 | 8.50% |
| 2016-09-30 | 7.91% |
| 2016-07-01 | 7.79% |
| 2016-04-01 | 13.78% |
| 2015-12-31 | 14.55% |
| 2015-10-02 | -0.41% |
| 2015-07-03 | -1.29% |
| 2015-04-03 | -10.33% |
| 2014-12-31 | -11.50% |
| 2014-09-26 | 4.24% |
| 2014-06-27 | 3.17% |
| 2014-03-28 | 2.55% |
| 2013-12-31 | 3.02% |
| 2013-09-27 | 8.08% |
| 2013-06-28 | 6.40% |
| 2013-03-29 | 8.95% |
| 2012-12-31 | 8.58% |
| 2012-09-28 | 3.46% |
| 2012-06-29 | 8.70% |
| 2012-03-30 | 11.34% |
| 2011-12-31 | 13.86% |
| 2011-09-30 | 11.26% |
| 2011-07-01 | 7.34% |
| 2011-04-01 | -0.26% |
| 2010-12-31 | -0.39% |
| 2010-10-01 | -16.95% |
| 2010-07-02 | -52.68% |
| 2010-04-02 | -54.84% |
| 2009-12-31 | -84.89% |
| 2009-10-02 | -192.95% |
| 2009-07-03 | -178.50% |
| 2009-04-03 | -164.77% |
| 2008-12-31 | -133.52% |
| 2008-09-26 | -2.67% |
| 2008-06-27 | 3.07% |
| 2008-03-28 | 3.90% |
| 2007-12-31 | 4.79% |
| 2007-09-28 | 4.85% |
| 2007-06-29 | 4.74% |
| 2007-03-30 | 5.67% |
| 2006-12-31 | 6.34% |
| 2006-09-29 | 6.44% |
| 2006-06-30 | 5.48% |
| 2006-03-31 | 4.62% |
| 2005-12-31 | 3.15% |
| 2005-09-30 | 4.56% |
| 2005-07-01 | 7.91% |
| 2005-04-01 | 10.77% |
| 2004-12-31 | 13.57% |
| 2004-10-01 | 11.93% |
| 2004-07-02 | 8.35% |
| 2004-04-02 | 3.09% |
| 2003-12-31 | -0.83% |
| 2003-09-26 | -3.66% |
| 2003-06-27 | -6.04% |