NCS Multistage Holdings (NCSM) Return on Capital Employed (2017 - 2026)

NCS Multistage Holdings' (NCSM) quarterly Return on Capital Employed came in at 4.55% in Q1 2026, down 15.0% year-on-year from 5.35% in Q1 2025, and down 38.23% quarter-over-quarter from 7.37% in Q4 2025.

NCS Multistage Holdings (NCSM) Return on Capital Employed (2017 - 2026) Analysis & Trends

NCS Multistage Holdings' Return on Capital Employed history runs 10 years deep, the most recent figure standing at 4.55% for Q1 2026.

  • On a quarterly basis, Return on Capital Employed fell 15.0% year-over-year to 4.55% in Q1 2026; TTM through Mar 2026 was 4.55%, a 15.0% decrease from a year earlier, with the FY2025 full-year figure at 7.61%, up 421.0% from the prior year.
  • Return on Capital Employed eased to 4.55% in Q1 2026 per NCSM's latest filing, from 7.37% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 7.37% in Q4 2025 and bottomed at 4.82% in Q4 2023.
  • The 5-year median for Return on Capital Employed is 0.14% (2024), against an average of 0.67%.
  • Across the five-year window, Return on Capital Employed surged 1784 bps in 2022 and plunged 439 bps in 2024, its largest moves.
  • Year by year, Return on Capital Employed stood at 1.87% in 2022, then tumbled by 157 bps to 4.82% in 2023, then surged by 172 bps to 3.49% in 2024, then soared by 111 bps to 7.37% in 2025, then tumbled by 38 bps to 4.55% in 2026.
  • Per Business Quant, the three latest NCSM Return on Capital Employed figures stand at 4.55% (Q1 2026), 7.37% (Q4 2025), and 6.13% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 11.74%
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 27.54%
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 12.84%
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 5.18%
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 16.47%
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 20.44%
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 15.00%
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 8.84%
10 NCS Multistage Holdings 124.09 Mn 89.63 Mn 18.17 Mn 4.55%

Historic Data

Download Data
DateValue
Mar 31, 2026 4.55%
Dec 31, 2025 7.37%
Sep 30, 2025 6.13%
Jun 30, 2025 6.20%
Mar 31, 2025 4.70%
Dec 31, 2024 3.49%
Sep 30, 2024 -0.14%
Jun 30, 2024 -1.11%
Mar 31, 2024 -3.39%
Dec 31, 2023 -4.82%
Sep 30, 2023 -1.81%
Jun 30, 2023 0.01%
Mar 31, 2023 1.01%
Dec 31, 2022 -1.87%
Sep 30, 2022 -2.42%
Jun 30, 2022 -3.54%
Mar 31, 2022 -2.97%
Dec 31, 2021 -4.25%
Sep 30, 2021 -5.49%
Jun 30, 2021 -14.11%