Noble Romans (NROM) Return on Capital Employed [ROCE] (2011 - 2026)
Noble Romans' Return on Capital Employed [ROCE] was 31.52% in Q1 2026, up 20.02 percentage points from 11.49% a year earlier and up 0.64 percentage points from the prior quarter.
Noble Romans (NROM) Return on Capital Employed [ROCE] (2011 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Noble Romans came in at 29.58%, up 19.27 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of +16.33 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 10.31% in FY2024 (-12.95 pp), 23.26% in FY2023 (+20.48 pp), 2.79% in FY2022 (-7.28 pp) and 10.07% in FY2021 (-3.18 pp).
- The Q1 2026 figure marks the highest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2011.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for three straight quarters, with an average year-over-year change of +3.22 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q4 2023 (a gain of 20.72 percentage points); the worst was Q1 2025 (a drop of 17.59 percentage points).
- Per Business Quant data, NROM's Return on Capital Employed [ROCE] in the three quarters before Q1 2026 was 30.88% (Q4 2025), 29.06% (Q3 2025) and 14.53% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 164.13 Bn | 158.95 Bn | 6.42 Bn | 22.88% |
| 2 | Starbucks | 107.97 Bn | 95.60 Bn | - | 15.26% |
| 3 | Chipotle Mexican Grill | 41.04 Bn | 37.02 Bn | - | 24.21% |
| 4 | Yum Brands | 37.16 Bn | 34.04 Bn | 1.47 Bn | 65.06% |
| 5 | Restaurant Brands International | 24.42 Bn | 21.52 Bn | 1.38 Bn | 11.51% |
| 6 | Darden Restaurants | 22.67 Bn | 21.77 Bn | 1.68 Bn | 15.87% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 11.51% |
| 8 | Yum China Holdings | 13.79 Bn | 8.16 Bn | 537.00 Mn | 16.42% |
| 9 | Texas Roadhouse | 10.24 Bn | 9.60 Bn | - | 17.04% |
| 10 | Noble Romans | 14.96 Mn | 14.96 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 31.52% |
| Dec 31, 2025 | 30.88% |
| Sep 30, 2025 | 29.06% |
| Jun 30, 2025 | 14.53% |
| Mar 31, 2025 | 11.49% |
| Dec 31, 2024 | 10.93% |
| Sep 30, 2024 | 26.55% |
| Jun 30, 2024 | 27.40% |
| Mar 31, 2024 | 29.08% |
| Dec 31, 2023 | 23.54% |
| Sep 30, 2023 | 14.26% |
| Jun 30, 2023 | 13.36% |
| Mar 31, 2023 | 11.03% |
| Dec 31, 2022 | 2.82% |
| Sep 30, 2022 | 4.63% |
| Jun 30, 2022 | 3.98% |
| Mar 31, 2022 | 4.69% |
| Dec 31, 2021 | 10.56% |
| Sep 30, 2021 | 11.91% |
| Jun 30, 2021 | 12.67% |
Noble Romans 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=NROM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "NROM", "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=NROM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();