NCS Multistage Holdings (NCSM) Return on Capital Employed [ROCE] (2017 - 2026)
NCS Multistage Holdings (NCSM) recorded Return on Capital Employed [ROCE] of 2.37% in Q2 2026, down 3.83 percentage points from 6.20% a year earlier and down 2.18 percentage points from the prior quarter.
Powered by 
Analysis
NCS Multistage Holdings (NCSM) Return on Capital Employed [ROCE] (2017 - 2026) Analysis & Trends
For FY2025, NCS Multistage Holdings reported Return on Capital Employed [ROCE] of 7.61%, up 4.21 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of +53.48 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 3.41% in FY2024 (+8.29 pp), -4.88% in FY2023 (-3.05 pp), -1.84% in FY2022 (+2.41 pp) and -4.24% in FY2021 (+41.63 pp).
- The Q2 2026 figure is the lowest quarterly Return on Capital Employed [ROCE] since Q3 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] rose in six of the last eight quarters, with an average year-over-year change of +3.94 percentage points.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 56.93 percentage points in Q4 2021, against a drop of 4.39 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.55% (Q1 2026), 7.37% (Q4 2025) and 6.13% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 11.42% |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn | 9.65% |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn | -133.92% |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn | 13.06% |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn | 5.00% |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn | 5.17% |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn | -7.15% |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn | 16.47% |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn | 8.25% |
| 10 | NCS Multistage Holdings | 140.02 Mn | 32.76 Mn | 13.95 Mn | 2.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.37% |
| 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% |
API Access
NCS Multistage Holdings Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=NCSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "NCSM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=NCSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();