Horizon Kinetics Holding (HKHC) FCF Margin (2010 - 2026)

Horizon Kinetics Holding's (HKHC) quarterly FCF Margin came in at 40.28% in Q1 2026, up 3584.0% year-on-year from 1.09% in Q1 2025, and down 145.68% quarter-over-quarter from 16.39% in Q4 2025.

Horizon Kinetics Holding (HKHC) FCF Margin (2010 - 2026) Analysis & Trends

Horizon Kinetics Holding's FCF Margin history runs 17 years deep, the most recent figure standing at 40.28% for Q1 2026.

  • On a quarterly basis, FCF Margin rose 3584.0% year-over-year to 40.28% in Q1 2026; TTM through Mar 2026 was 49.26%, a 1435.0% decrease from a year earlier, with the FY2025 full-year figure at 59.55%, down 8068.0% from the prior year.
  • FCF Margin fell to 40.28% in Q1 2026 per HKHC's latest filing, from 16.39% in the prior quarter.
  • Across five years, FCF Margin topped out at 193.98% in Q3 2023 and bottomed at 299.69% in Q2 2024.
  • The 5-year median for FCF Margin is 2.76% (2022), against an average of 13.59%.
  • Across the five-year window, FCF Margin soared 41976 bps in 2023 and tumbled 31748 bps in 2024, its largest moves.
  • Year by year, FCF Margin stood at 99.25% in 2022, then surged by 117 bps to 16.41% in 2023, then surged by 669 bps to 126.16% in 2024, then tumbled by 113 bps to 16.39% in 2025, then sank by 146 bps to 40.28% in 2026.
  • Per Business Quant, the three latest HKHC FCF Margin figures stand at 40.28% (Q1 2026), 16.39% (Q4 2025), and 100.31% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - -16.21%
3 Blackstone 97.77 Bn 96.72 Bn - 26.47%
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 746.54%
5 State Street 51.30 Bn 51.30 Bn - -327.00%
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 8.80%
7 Northern Trust 32.93 Bn 32.93 Bn - -24.56%
8 Raymond James Financial 32.59 Bn 17.67 Bn - 27.31%
9 Price T Rowe 24.70 Bn 21.13 Bn - 41.05%
10 Horizon Kinetics Holding 521.78 Mn 1.90 Bn - -40.28%

Historic Data

Download Data
DateValue
Mar 31, 2026 -40.28%
Dec 31, 2025 -16.39%
Sep 30, 2025 -100.31%
Jun 30, 2025 -39.70%
Mar 31, 2025 -76.12%
Dec 31, 2024 126.16%
Sep 30, 2024 32.11%
Jun 30, 2024 -299.69%
Mar 31, 2024 155.92%
Dec 31, 2023 16.41%
Sep 30, 2023 193.98%
Jun 30, 2023 17.79%
Mar 31, 2023 88.73%
Dec 31, 2022 -99.25%
Sep 30, 2022 -225.78%
Jun 30, 2022 38.13%
Mar 31, 2022 -2.76%
Dec 31, 2021 16.77%
Sep 30, 2021 -10.51%
Jun 30, 2021 -13.53%