NOVONIX

NOVONIX CROIC

The Cash Return on Invested Capital (CROIC) of NOVONIX (NVX.AX) as of Oct 17, 2026 is -39.08 %. In the previous year, Cash Return on Invested Capital (CROIC) was -33.64 % — a change of 16.16% (lower).

CROIC

-39.08 %

YoY

16.16%

Last updated:

Cash Return on Invested Capital (CROIC) of NOVONIX is 2025 -39.08 % . Cash Return on Invested Capital (CROIC) of NOVONIX was 2024 -33.64 % . It decreases by 16.16% lower compared to the previous year.

The NOVONIX CROIC history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

CROIC
Date
CROIC
Jan 1, 2018
-12.06 USD
Jan 1, 2019
-10.03 USD
Jan 1, 2020
-15.02 USD
Jan 1, 2021
-34.47 USD
Jan 1, 2022
-16.22 USD
Jan 1, 2023
-21.88 USD
Jan 1, 2024
-33.64 USD
Jan 1, 2025
-39.08 USD
The NOVONIX CROIC history
YEARCROICYoY
-39.08 %+16.16%
-33.64 %+53.76%
-21.88 %+34.85%
-16.22 %-52.93%
-34.47 %+129.54%
-15.02 %+49.77%
-10.03 %-16.87%
-12.06 %-6.59%
-12.91 %+60.40%
-8.05 %-89.22%
-74.66 %—

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NOVONIX Stock analysis

What does NOVONIX do? NOVONIX Ltd., headquartered in Brisbane, Australia, operates in the Information Technology sector within the Electrical Equipment industry. The company develops and supplies materials, equipment, and services for the global lithium-ion battery industry, with operations in the U.S. and Canada. It manufactures battery cell testing equipment in Canada and expands synthetic graphite anode material production in the U.S. through its two divisions: NOVONIX Anode Materials (NAM) for anode materials and NOVONIX Battery Technology Solutions (BTS) for R&D and testing equipment. NOVONIX is one of the most popular companies on Eulerpool.

Frequently Asked Questions about NOVONIX stock

Cash Return on Invested Capital (CROIC) of NOVONIX is -39.08 % in 2025.

Cash Return on Invested Capital (CROIC) of NOVONIX changed from -33.64 % to -39.08 %, representing a 16.16% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Cash Return on Invested Capital (CROIC) NOVONIX since 2006 – with annual values, charts, and detailed analysis.

CROIC measures the cash return generated on invested capital. Unlike ROIC, it uses free cash flow instead of accounting earnings, providing a purer profitability measure.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Cash Return on Invested Capital (CROIC)'s NOVONIX with sector peers and the industry average to assess whether it is attractive.

To evaluate Cash Return on Invested Capital (CROIC)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Cash Return on Invested Capital (CROIC).

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Profitability — NOVONIX

All Key Metrics — NOVONIX