Noah Holdings (NOAH) Return on Capital Employed (2017 - 2025)
Noah Holdings (NOAH) reported Return on Capital Employed of 7.56% for Q4 2025, up 148.0% on a YoY basis from 3.05% in Q4 2024, and up 20.3% quarter-over-quarter from 6.29% in Q3 2025.
Noah Holdings (NOAH) Return on Capital Employed (2017 - 2025) Analysis & Trends
Noah Holdings has reported Return on Capital Employed for 9 years, with the latest figure at 7.56% in Q4 2025.
- For the quarter ending Q4 2025, Return on Capital Employed rose 148.0% year-over-year to 7.56%; the trailing twelve-month figure through Dec 2025 stood at 7.56% (up 148.0% YoY), and the FY2025 full-year result was 7.59%, up 182.0% from the prior year.
- Return on Capital Employed for Q4 2025 stood at 7.56%, up from 6.29% in the prior quarter.
- The five-year high for Return on Capital Employed was 20.23% in Q1 2021, with the low at 6.08% in Q4 2024.
- Historically, Return on Capital Employed has averaged 10.71% across 5 years, with a median of 10.6% in 2023.
- Annual changes were most pronounced in 2021 — Return on Capital Employed jumped 950 bps — and 2022, when it plunged 885 bps.
- Noah Holdings' Return on Capital Employed stood at 14.51% in 2021, then retreated by 18 bps to 11.96% in 2022, then declined by 13 bps to 10.39% in 2023, then tumbled by 41 bps to 6.08% in 2024, then climbed by 24 bps to 7.56% in 2025.
- The last three Return on Capital Employed figures came in at 7.56% (Q4 2025), 6.29% (Q3 2025), and 7.21% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | - |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | - |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | - |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | - |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | - |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | - |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | - |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | - |
| 10 | Noah Holdings | 506.01 Mn | 433.74 Mn | 96.16 Mn | 7.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 7.56% |
| Sep 30, 2025 | 6.29% |
| Jun 30, 2025 | 7.21% |
| Mar 31, 2025 | 6.67% |
| Dec 31, 2024 | 6.08% |
| Sep 30, 2024 | 6.74% |
| Jun 30, 2024 | 7.13% |
| Mar 31, 2024 | 8.56% |
| Dec 31, 2023 | 10.39% |
| Sep 30, 2023 | 10.60% |
| Jun 30, 2023 | 10.60% |
| Mar 31, 2023 | 10.96% |
| Dec 31, 2022 | 11.96% |
| Sep 30, 2022 | 10.91% |
| Jun 30, 2022 | 10.72% |
| Mar 31, 2022 | 11.39% |
| Dec 31, 2021 | 14.51% |
| Sep 30, 2021 | 16.90% |
| Jun 30, 2021 | 18.86% |
| Mar 31, 2021 | 20.23% |