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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Northern Oil & Gas (NOG) Return on Invested Capital (2016 - 2025)

Northern Oil & Gas has reported Return on Invested Capital over the past 15 years, most recently at 0.07% for Q4 2025.

  • Quarterly results put Return on Invested Capital at 0.07% for Q4 2025, down 21.0% from a year ago — trailing twelve months through Dec 2025 was 0.07% (down 21.0% YoY), and the annual figure for FY2025 was 0.07%, down 22.0%.
  • Return on Invested Capital for Q4 2025 was 0.07% at Northern Oil & Gas, down from 0.14% in the prior quarter.
  • Over the last five years, Return on Invested Capital for NOG hit a ceiling of 1.53% in Q1 2023 and a floor of 0.07% in Q1 2022.
  • Median Return on Invested Capital over the past 5 years was 0.35% (2024), compared with a mean of 0.53%.
  • Biggest five-year swings in Return on Invested Capital: soared 160bps in 2023 and later crashed -118bps in 2024.
  • Northern Oil & Gas' Return on Invested Capital stood at 0.09% in 2021, then skyrocketed by 1131bps to 1.08% in 2022, then crashed by -45bps to 0.6% in 2023, then crashed by -54bps to 0.28% in 2024, then tumbled by -75bps to 0.07% in 2025.
  • The last three reported values for Return on Invested Capital were 0.07% (Q4 2025), 0.14% (Q3 2025), and 0.3% (Q2 2025) per Business Quant data.