Novonix Return on Equity (ROE) Growth & History (NVX)
Novonix's return on equity was −61.97% for fiscal 2025.
View full Novonix company overviewNovonix annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −61.97% | −15.43 pp |
| 2024 | 2024-12-31 | −46.54% | −23.98 pp |
| 2023 | 2023-12-31 | −22.56% | −10.88 pp |
| 2022 · Dec 31 | 2022-12-31 | −11.68% | — |
| 2022 · Jun 30 | 2022-06-30 | −26.62% | −11.93 pp |
| 2021 | 2021-06-30 | −14.70% | — |
Novonix return on equity trends
Between the periods ended 2021-06-30 and 2025-12-31, Novonix's return on equity decreased from −14.70% to −61.97%, a change of −47.27 percentage points.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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