Company / Return on Assets (ROA)
NOVAGOLD RESOURCES INC Return on Assets (ROA) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Assets (ROA)
-28.2%
FY2025
5-year range
-41.6% / -20.4%
FY2021-FY2025
Trend
+32.2%
vs FY2024
Sector context
#114 of 120
Materials
What the data says
Among 120 Materials companies, NOVAGOLD RESOURCES INC is in the bottom 5% for return on assets (roa). Return on Assets (ROA) returned to growth in FY2025 after 4 years of decline, reaching -28.2%.
Based on SEC 10-K filings.
-28.2% in FY2025 with a 5-year CAGR of -13.2%.
Improved from -35.1% to -28.2% over the past 2 years.
Materials sector context is included.
Return on Assets (ROA) over time
Growth rates
- 3-Year Change
- +5.3pp
- 5-Year Change
- -13.2pp
- 10-Year Change
- -
Sector benchmark
Bottom 5% in MaterialsTop 95% of 120This company -28.2% Sector average -1.6%
▼
-1662.1% below sector average
Key checks
Key Insights
- In FY2025, return on assets (roa) increased 32.2% year-over-year.
- Currently 26.6pp below the Materials sector average.
- Peak return on assets (roa) was recorded in FY2017.
- Lowest return on assets (roa) in the period was in FY2024.
Company context
Key Data Points
- Altman Z-Score -5.34 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Return on Assets (ROA)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | -28.2% | +32.2% |
| FY2024 | -41.6% | -18.4% |
| FY2023 | -35.1% | -4.8% |
| FY2022 | -33.5% | -64.3% |
| FY2021 | -20.4% | -36.4% |
| FY2020 | -14.9% | +5.8% |
| FY2019 | -15.9% | -22.4% |
| FY2018 | -13.0% | -32.5% |
| FY2017 | -9.8% | +1.3% |
| FY2016 | -9.9% | -34.6% |
As of FY2025 · SEC 10-K Annual Filings · Updated Jun 30, 2026