Noah Holdings (NOAH) Return on Capital Employed (2012 - 2025)

Noah Holdings (NOAH) posted Return on Capital Employed of 7.59% for Q4 2025, up 20.23% on a QoQ basis from 6.31% in Q3 2025, and up 145.0% year-over-year from 3.1% in Q4 2024.

Noah Holdings (NOAH) Return on Capital Employed (2012 - 2025) Analysis & Trends

Noah Holdings' Return on Capital Employed history runs 14 years deep, the most recent figure standing at 7.59% for Q4 2025.

  • Quarterly Return on Capital Employed rose 145.0% year-over-year to 7.59% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 7.59% (up 145.0% YoY) and the FY2025 annual result came in at 7.49%, up 172.0% from the prior year.
  • Return on Capital Employed was 7.59% for Q4 2025 at Noah Holdings, up from 6.31% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 20.17% in Q1 2021 and bottomed at 6.13% in Q4 2024.
  • A 5-year average of 10.7% and a median of 10.55% in 2023 frame the typical range for Return on Capital Employed.
  • Annual changes were most pronounced in 2021 — Return on Capital Employed soared 944 bps — and 2022, when it sank 877 bps.
  • Noah Holdings' Return on Capital Employed stood at 14.46% in 2021, then retreated by 18 bps to 11.87% in 2022, then decreased by 13 bps to 10.38% in 2023, then tumbled by 41 bps to 6.13% in 2024, then rose by 24 bps to 7.59% in 2025.
  • Business Quant data shows NOAH's Return on Capital Employed at 7.59% in Q4 2025, 6.31% in Q3 2025, and 7.27% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - -
3 Blackstone 97.77 Bn 96.72 Bn - -
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn -
5 State Street 51.30 Bn 51.30 Bn - -
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn -
7 Northern Trust 32.93 Bn 32.93 Bn - -
8 Raymond James Financial 32.59 Bn 17.67 Bn - -
9 Price T Rowe 24.70 Bn 21.13 Bn - -
10 Noah Holdings 42.59 Mn -642.97 Mn 96.16 Mn 7.59%

Historic Data

Download Data
DateValue
Dec 31, 2025 7.59%
Sep 30, 2025 6.31%
Jun 30, 2025 7.27%
Mar 31, 2025 6.72%
Dec 31, 2024 6.13%
Sep 30, 2024 6.79%
Jun 30, 2024 7.13%
Mar 31, 2024 8.56%
Dec 31, 2023 10.38%
Sep 30, 2023 10.59%
Jun 30, 2023 10.50%
Mar 31, 2023 10.85%
Dec 31, 2022 11.87%
Sep 30, 2022 10.82%
Jun 30, 2022 10.73%
Mar 31, 2022 11.41%
Dec 31, 2021 14.46%
Sep 30, 2021 16.85%
Jun 30, 2021 18.80%
Mar 31, 2021 20.17%