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Novonix stock: key metrics
NVXNovonix had an operating margin of −929.6% and a return on invested capital (ROIC) of −24.4% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2014 | no data | no data | no data |
| 2015 | 172.0% | −5,335.9% | −6,160.2% |
| 2016 | −1,639.7% | −6,752.3% | −7,476.9% |
| 2017 | −27.5% | −381.3% | −475.3% |
| 2018 | −83.8% | −594.3% | −1,470.8% |
| 2019 | 48.8% | −324.3% | −325.1% |
| 2020 | −62.7% | −328.2% | −257.2% |
| 2021 | 71.7% | −787.4% | −850.0% |
| 2023 | 65.0% | −598.8% | −574.2% |
| 2024 | 69.8% | −880.0% | −1,278.0% |
| 2025 | −433.3% | −929.6% | −1,650.8% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2014 | 100.2% | no data | −3.7% |
| 2015 | −45.8% | −62.8% | −42.5% |
| 2016 | −32.8% | −30.0% | −17.0% |
| 2017 | −35.4% | −22.5% | −27.9% |
| 2018 | −100.0% | −29.7% | −76.5% |
| 2019 | −22.3% | −35.4% | −17.8% |
| 2020 | −7.5% | −28.7% | −6.6% |
| 2021 | −20.7% | −35.9% | −17.1% |
| 2023 | −25.1% | −28.6% | −17.6% |
| 2024 | −54.4% | −24.0% | −33.1% |
| 2025 | −59.1% | −24.4% | −32.8% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 31 Jan 2023)
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.