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
DateValue
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%