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

NCS Multistage Holdings (NCSM) recorded quarterly Return on Capital Employed of 4.55% in Q1 2026, down 38.23% quarter-over-quarter from 7.37% in Q4 2025, and down 15.0% on a YoY basis from 5.35% in Q1 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.

  • In Q1 2026, Return on Capital Employed fell 15.0% year-over-year to 4.55%; the TTM figure through Mar 2026 stood at 4.55% (down 15.0% YoY), while the FY2025 annual figure was 7.61%, up 421.0% from the prior year.
  • Return on Capital Employed was 4.55% for Q1 2026 at NCS Multistage Holdings, down from 7.37% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 7.37% in Q4 2025 to a low of 4.82% in Q4 2023.
  • Historically, Return on Capital Employed has averaged 0.67% across 5 years, with a median of 0.14% in 2024.
  • The sharpest annual moves came in 2022 and 2024: Return on Capital Employed soared 1784 bps in 2022, then plunged 439 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 1.87% in 2022, then sank 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 sank by 38 bps to 4.55% in 2026.
  • The last three Return on Capital Employed figures came in at 4.55% (Q1 2026), 7.37% (Q4 2025), and 6.13% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Slb 83.64 Bn 81.43 Bn 4.67 Bn 36.80%
2 Baker Hughes 63.03 Bn 48.45 Bn 1.51 Bn 35.87%
3 Halliburton 33.15 Bn 31.20 Bn 2.04 Bn 12.84%
4 TechnipFMC 27.40 Bn 26.13 Bn 1.49 Bn 27.54%
5 Enerflex 8.81 Bn 8.75 Bn - 2.02%
6 Nov 7.52 Bn 6.24 Bn 119.00 Mn 4.37%
7 Weatherford International 7.29 Bn 6.24 Bn 876.00 Mn 19.80%
8 Archrock 6.12 Bn 6.11 Bn 247.42 Mn 20.30%
9 Kodiak Gas Services 5.77 Bn 5.68 Bn 222.88 Mn 8.84%
10 NCS Multistage Holdings 141.52 Mn 126.03 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%