Noah Holdings (NOAH) Return on Capital Employed [ROCE] (2017 - 2026)
Noah Holdings (NOAH) reported Return on Capital Employed [ROCE] of 8.86% for the quarter ended Jun 30, 2026, up 1.60 percentage points from 7.26% a year earlier and up 0.89 percentage points from the prior quarter.
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Analysis
Noah Holdings (NOAH) Return on Capital Employed [ROCE] (2017 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Noah Holdings posted Return on Capital Employed [ROCE] of 22.41%, up 3.18 percentage points from the prior year.
- Return on Capital Employed [ROCE] has a five-year change of +6.34 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Return on Capital Employed [ROCE] came in at 19.23% in the year ended Dec 31, 2024 (-14.53 pp), 33.76% in the year ended Dec 31, 2023 (-4.06 pp), 37.82% in the year ended Dec 31, 2022 (+14.90 pp) and 22.91% in the year ended Dec 31, 2021 (+6.85 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Return on Capital Employed [ROCE] since the quarter ended Mar 31, 2025.
- Year over year, Return on Capital Employed [ROCE] gained in two of the last eight quarters, with an average year-over-year change of -2.10 percentage points.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was the quarter ended Sep 30, 2021 (a gain of 4.21 percentage points); the low point was the quarter ended Mar 31, 2022 (a drop of 17.25 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 7.97% (quarter ended Mar 31, 2026), 7.56% (quarter ended Dec 31, 2025) and 6.29% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.06 Bn | 111.42 Bn | - | - |
| 2 | Spdr Gold Trust | 134.74 Bn | -423.26 Bn | - | - |
| 3 | Blackstone | 84.49 Bn | 79.41 Bn | - | - |
| 4 | Brookfield | 82.12 Bn | -83.26 Bn | 4.47 Bn | - |
| 5 | Kkr | 81.93 Bn | 48.41 Bn | - | - |
| 6 | Brookfield Asset Management | 71.19 Bn | 67.44 Bn | - | - |
| 7 | Apollo Global Management | 65.87 Bn | 3.55 Bn | 10.56 Bn | - |
| 8 | Wheaton Precious Metals | 60.57 Bn | 55.99 Bn | 687.86 Mn | 21.24% |
| 9 | Franco Nevada | 45.46 Bn | 42.82 Bn | 451.00 Mn | 20.87% |
| 10 | Noah Holdings | 521.66 Mn | -2.34 Bn | - | 8.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.86% |
| Mar 31, 2026 | 7.97% |
| Dec 31, 2025 | 7.56% |
| Sep 30, 2025 | 6.29% |
| Jun 30, 2025 | 7.26% |
| Mar 31, 2025 | 10.98% |
| Dec 31, 2024 | 8.65% |
| Sep 30, 2024 | 6.80% |
| Jun 30, 2024 | 7.17% |
| Mar 31, 2024 | 14.91% |
| Dec 31, 2023 | 14.71% |
| Sep 30, 2023 | 10.73% |
| Jun 30, 2023 | 10.62% |
| Mar 31, 2023 | 18.35% |
| Dec 31, 2022 | 16.77% |
| Sep 30, 2022 | 10.81% |
| Jun 30, 2022 | 10.72% |
| Mar 31, 2022 | 19.89% |
| Dec 31, 2021 | 20.98% |
| Sep 30, 2021 | 16.90% |
API Access
Noah Holdings Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=NOAH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "NOAH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=NOAH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();