Noble Romans Return on Equity (ROE) Growth & History (NROM)
Noble Romans's return on equity was 41.55% for fiscal 2025.
View full Noble Romans company overviewNoble Romans annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 41.55% | +41.69 pp |
| 2024 | 2024-12-31 | −0.14% | −100.82 pp |
| 2023 | 2023-12-31 | 100.67% | +173.57 pp |
| 2022 | 2022-12-31 | −72.90% | −92.31 pp |
| 2021 | 2021-12-31 | 19.40% | +125.03 pp |
| 2020 | 2020-12-31 | −105.62% | −100.89 pp |
| 2019 | 2019-12-31 | −4.73% | +27.86 pp |
| 2018 | 2018-12-31 | −32.59% | −5.14 pp |
| 2017 | 2017-12-31 | −27.45% | −21.42 pp |
| 2016 | 2016-12-31 | −6.03% | −11.52 pp |
| 2015 | 2015-12-31 | 5.49% | −7.00 pp |
| 2014 | 2014-12-31 | 12.49% | +11.73 pp |
| 2013 | 2013-12-31 | 0.76% | −4.42 pp |
| 2012 | 2012-12-31 | 5.18% | −2.07 pp |
| 2011 | 2011-12-31 | 7.24% | +4.36 pp |
| 2010 | 2010-12-31 | 2.89% | — |
Noble Romans quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 5.17% | −6.64 pp |
| Q1 2026 | 2026-03-31 | 6.65% | +0.82 pp |
| Q4 2025 | 2025-12-31 | 3.44% | +10.72 pp |
| Q3 2025 | 2025-09-30 | 21.50% | +12.99 pp |
| Q2 2025 | 2025-06-30 | 11.81% | +9.15 pp |
| Q1 2025 | 2025-03-31 | 5.83% | +9.85 pp |
| Q4 2024 | 2024-12-31 | −7.27% | −12.52 pp |
| Q3 2024 | 2024-09-30 | 8.52% | +0.78 pp |
| Q2 2024 | 2024-06-30 | 2.66% | −11.32 pp |
| Q1 2024 | 2024-03-31 | −4.02% | −54.34 pp |
| Q4 2023 | 2023-12-31 | 5.25% | +70.92 pp |
| Q3 2023 | 2023-09-30 | 7.74% | +7.60 pp |
| Q2 2023 | 2023-06-30 | 13.98% | +15.81 pp |
| Q1 2023 | 2023-03-31 | 50.31% | +55.14 pp |
| Q4 2022 | 2022-12-31 | −65.68% | −65.67 pp |
| Q3 2022 | 2022-09-30 | 0.14% | +2.59 pp |
| Q2 2022 | 2022-06-30 | −1.83% | −4.46 pp |
| Q1 2022 | 2022-03-31 | −4.83% | −34.66 pp |
| Q4 2021 | 2021-12-31 | −0.01% | +111.28 pp |
| Q3 2021 | 2021-09-30 | −2.45% | −3.46 pp |
| Q2 2021 | 2021-06-30 | 2.63% | −6.27 pp |
| Q1 2021 | 2021-03-31 | 29.83% | +33.16 pp |
| Q4 2020 | 2020-12-31 | −111.29% | −91.05 pp |
| Q3 2020 | 2020-09-30 | 1.01% | −3.99 pp |
| Q2 2020 | 2020-06-30 | 8.90% | +3.92 pp |
| Q1 2020 | 2020-03-31 | −3.33% | −9.01 pp |
| Q4 2019 | 2019-12-31 | −20.23% | +13.58 pp |
| Q3 2019 | 2019-09-30 | 5.01% | +9.83 pp |
| Q2 2019 | 2019-06-30 | 4.99% | +1.42 pp |
| Q1 2019 | 2019-03-31 | 5.68% | +2.01 pp |
| Q4 2018 | 2018-12-31 | −33.82% | −9.26 pp |
| Q3 2018 | 2018-09-30 | −4.83% | +3.45 pp |
| Q2 2018 | 2018-06-30 | 3.57% | −0.44 pp |
| Q1 2018 | 2018-03-31 | 3.67% | +2.31 pp |
| Q4 2017 | 2017-12-31 | −24.56% | −22.72 pp |
| Q3 2017 | 2017-09-30 | −8.28% | −1.56 pp |
| Q2 2017 | 2017-06-30 | 4.00% | +3.80 pp |
| Q1 2017 | 2017-03-31 | 1.37% | −0.96 pp |
| Q4 2016 | 2016-12-31 | −1.84% | −1.67 pp |
| Q3 2016 | 2016-09-30 | −6.72% | −8.49 pp |
| Q2 2016 | 2016-06-30 | 0.20% | −0.98 pp |
| Q1 2016 | 2016-03-31 | 2.32% | −0.40 pp |
| Q4 2015 | 2015-12-31 | −0.17% | −1.26 pp |
| Q3 2015 | 2015-09-30 | 1.77% | −2.06 pp |
| Q2 2015 | 2015-06-30 | 1.18% | −2.87 pp |
| Q1 2015 | 2015-03-31 | 2.72% | −0.96 pp |
| Q4 2014 | 2014-12-31 | 1.10% | +10.62 pp |
| Q3 2014 | 2014-09-30 | 3.83% | +0.66 pp |
| Q2 2014 | 2014-06-30 | 4.05% | +0.55 pp |
| Q1 2014 | 2014-03-31 | 3.68% | +0.36 pp |
| Q4 2013 | 2013-12-31 | −9.52% | −5.68 pp |
| Q3 2013 | 2013-09-30 | 3.17% | −0.01 pp |
| Q2 2013 | 2013-06-30 | 3.50% | +0.71 pp |
| Q1 2013 | 2013-03-31 | 3.32% | +0.26 pp |
| Q4 2012 | 2012-12-31 | −3.84% | −4.27 pp |
| Q3 2012 | 2012-09-30 | 3.18% | +3.07 pp |
| Q2 2012 | 2012-06-30 | 2.79% | −0.66 pp |
| Q1 2012 | 2012-03-31 | 3.06% | — |
| Q4 2011 | 2011-12-31 | 0.43% | — |
| Q3 2011 | 2011-09-30 | 0.10% | — |
| Q2 2011 | 2011-06-30 | 3.45% | — |
Noble Romans return on equity trends
Over the last five fiscal years, Noble Romans's return on equity increased from −105.62% to 41.55%, a change of +147.17 percentage points. The latest reported quarter, Q2 2026, shows 5.17%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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