NOVONIX

NOVONIX ROIC

The Return on Invested Capital (ROIC) of NOVONIX (NVX.AX) as of Oct 17, 2026 is -35.39 %. In the previous year, Return on Invested Capital (ROIC) was -35.79 % — a change of -1.12% (higher).

ROIC

-35.39 %

YoY

-1.12%

Last updated:

Return on Invested Capital (ROIC) of NOVONIX is 2025 -35.39 % . Return on Invested Capital (ROIC) of NOVONIX was 2024 -35.79 % . It decreases by -1.12% higher compared to the previous year.

The NOVONIX ROIC history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROIC
Date
ROIC
Jan 1, 2018
-79.31 USD
Jan 1, 2019
-27.95 USD
Jan 1, 2020
-7.95 USD
Jan 1, 2021
-17.67 USD
Jan 1, 2022
-10.42 USD
Jan 1, 2023
-18.26 USD
Jan 1, 2024
-35.79 USD
Jan 1, 2025
-35.39 USD
The NOVONIX ROIC history
YEARROICYoY
-35.39 %-1.12%
-35.79 %+96.05%
-18.26 %+75.20%
-10.42 %-41.04%
-17.67 %+122.36%
-7.95 %-71.56%
-27.95 %-64.76%
-79.31 %+156.16%
-30.96 %+51.68%
-20.41 %-55.48%
-45.85 %—

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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

Return on Invested Capital (ROIC) of NOVONIX is -35.39 % in 2025.

Return on Invested Capital (ROIC) of NOVONIX changed from -35.79 % to -35.39 %, representing a -1.12% change. The value is higher than the previous year.

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

ROIC measures how effectively a company uses its invested capital to generate profits. A ROIC above the cost of capital creates shareholder value.

ROIC = NOPAT / Invested Capital

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

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

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Profitability — NOVONIX

All Key Metrics — NOVONIX