BackNeovasc Overview

Neovasc EBIT

Neovasc's EBIT is $-34M, below the Healthcare sector average of $23B.

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Quarterly EBIT

-$12.52M
148.5% YoY

As of Dec 31, 2022

Annual EBIT (TTM)

-$33.74M
7.92% YoY

Trailing 12 months ending Dec 31, 2022

Average EBIT (Comparison Companies)

EBIT History

EBIT Comparison

Annual EBIT Growth Rate (%)

Annual EBIT Growth (Absolute)

Neovasc (NVCN) FAQ

Neovasc's ebit stands at $-34M as of December 2022. That compares with $-37M in the prior-year period — up 7.9% year over year. That is below the Healthcare sector average of $23B. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Neovasc reported $-34M in EBIT versus $-37M a year earlier — a 7.9% year-over-year increase. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

Neovasc sits lower the Healthcare benchmark ($23B) with a EBIT of $-34M. That is roughly 100.1% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

That compares with $-37M in the prior-year period — up 7.9% year over year. Sustained growth in EBIT can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.

The history chart shows how Neovasc's EBIT evolved across reporting periods, while the comparison chart places NVCN next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.