Noah Holdings (NOAH) Return on Capital Employed (2016 - 2025)
Noah Holdings' (NOAH) quarterly Return on Capital Employed came in at 7.57% in Q4 2025, up 144.0% YoY from 3.1% in Q4 2024, and up 20.27% on a QoQ basis from 6.3% in Q3 2025.
Noah Holdings (NOAH) Return on Capital Employed (2016 - 2025) Analysis & Trends
Noah Holdings (NOAH) has 10 years of Return on Capital Employed data on file, last reported at 7.57% in Q4 2025.
- Quarterly Return on Capital Employed rose 144.0% year-over-year to 7.57% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 7.57% (up 144.0% YoY) and the FY2025 annual result came in at 7.49%, up 172.0% from the prior year.
- Return on Capital Employed improved to 7.57% in Q4 2025, from 6.3% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 20.17% in Q1 2021 to a low of 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 slumped 877 bps.
- Tracing NOAH's Return on Capital Employed over 5 years: stood at 14.46% in 2021, then declined by 18 bps to 11.87% in 2022, then fell by 13 bps to 10.38% in 2023, then sank by 41 bps to 6.13% in 2024, then climbed by 23 bps to 7.57% in 2025.
- The last three Return on Capital Employed figures came in at 7.57% (Q4 2025), 6.3% (Q3 2025), and 7.26% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.77 Bn | 164.90 Bn | - | - |
| 2 | Blackstone | 114.99 Bn | 112.48 Bn | - | - |
| 3 | Kkr | 97.48 Bn | -179.59 Bn | - | - |
| 4 | Brookfield | 93.49 Bn | 46.09 Bn | - | - |
| 5 | Brookfield Asset Management | 83.65 Bn | 82.15 Bn | - | - |
| 6 | Apollo Global Management | 78.48 Bn | 53.11 Bn | 10.54 Bn | - |
| 7 | State Street | 51.46 Bn | 51.46 Bn | - | - |
| 8 | Ameriprise Financial | 51.25 Bn | 40.20 Bn | 4.72 Bn | - |
| 9 | Raymond James Financial | 34.00 Bn | 20.74 Bn | - | - |
| 10 | Noah Holdings | 617.33 Mn | -90.24 Mn | 96.70 Mn | 7.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 7.57% |
| Sep 30, 2025 | 6.30% |
| Jun 30, 2025 | 7.26% |
| 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% |