Noah Holdings (NOAH) Invested Capital (2013 - 2025)
Noah Holdings' (NOAH) quarterly Invested Capital came in at $71.3 million in Q4 2025, up 7.53% YoY from $66.3 million in Q4 2024, and up 9.81% on a QoQ basis from $64.9 million in Q3 2025.
Noah Holdings (NOAH) Invested Capital (2013 - 2025) Analysis & Trends
Noah Holdings (NOAH) has 12 years of Invested Capital data on file, last reported at $71.3 million in Q4 2025.
- Quarterly Invested Capital rose 7.53% year-over-year to $71.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $265.9 million (changed 0.25% YoY) and the FY2025 annual result came in at $70.3 million, up 7.84% from the prior year.
- Invested Capital improved to $71.3 million in Q4 2025, from $64.9 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $82.4 million in Q1 2023 to a low of $64.6 million in Q2 2025.
- A 5-year average of $70.9 million and a median of $68.0 million in 2022 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2023 — Invested Capital gained 21.2% — and 2024, when it fell 19.82%.
- Tracing NOAH's Invested Capital over 5 years: stood at $67.8 million in 2021, then advanced by 17.83% to $79.9 million in 2022, then fell by 16.04% to $67.1 million in 2023, then decreased by 1.15% to $66.3 million in 2024, then increased by 7.53% to $71.3 million in 2025.
- The last three Invested Capital figures came in at $71.3 million (Q4 2025), $64.9 million (Q3 2025), and $64.6 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 7.88 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | - |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 98.25 Mn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | 1.10 Bn |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | - |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | - |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | - |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | - |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 829.00 Mn |
| 10 | Noah Holdings | 616.63 Mn | -90.93 Mn | 96.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 71.27 Mn |
| Sep 30, 2025 | 64.90 Mn |
| Jun 30, 2025 | 64.60 Mn |
| Mar 31, 2025 | 65.11 Mn |
| Dec 31, 2024 | 66.28 Mn |
| Sep 30, 2024 | 65.47 Mn |
| Jun 30, 2024 | 65.47 Mn |
| Mar 31, 2024 | 68.00 Mn |
| Dec 31, 2023 | 67.06 Mn |
| Sep 30, 2023 | 81.57 Mn |
| Jun 30, 2023 | 81.65 Mn |
| Mar 31, 2023 | 82.42 Mn |
| Dec 31, 2022 | 79.87 Mn |
| Sep 30, 2022 | 68.00 Mn |
| Jun 30, 2022 | 68.00 Mn |
| Mar 31, 2022 | 68.00 Mn |
| Dec 31, 2021 | 67.78 Mn |
| Sep 30, 2021 | 69.05 Mn |
| Jun 30, 2021 | 71.29 Mn |
| Mar 31, 2021 | 81.29 Mn |