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

Horizon Kinetics Holding (HKHC) recorded quarterly FCF Margin of 40.28% in Q1 2026, down 145.68% quarter-over-quarter from 16.39% in Q4 2025, and up 3584.0% on a YoY basis from 1.09% in Q1 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.

  • In Q1 2026, FCF Margin rose 3584.0% year-over-year to 40.28%; the TTM figure through Mar 2026 stood at 49.26% (down 1435.0% YoY), while the FY2025 annual figure was 59.55%, down 8068.0% from the prior year.
  • FCF Margin was 40.28% for Q1 2026 at Horizon Kinetics Holding, down from 16.39% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 193.98% in Q3 2023 to a low of 299.69% in Q2 2024.
  • Historically, FCF Margin has averaged 13.59% across 5 years, with a median of 2.76% in 2022.
  • The sharpest annual moves came in 2023 and 2024: FCF Margin jumped 41976 bps in 2023, then tumbled 31748 bps in 2024.
  • A 5-year view of FCF Margin shows it 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 sank by 113 bps to 16.39% in 2025, then tumbled by 146 bps to 40.28% in 2026.
  • The last three FCF Margin figures came in at 40.28% (Q1 2026), 16.39% (Q4 2025), and 100.31% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - -16.21%
2 Blackstone 96.85 Bn 95.80 Bn - 26.47%
3 Kkr 86.45 Bn 133.96 Bn - 39.82%
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 32.02%
5 State Street 46.95 Bn 21.27 Bn - -327.00%
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 8.80%
7 Northern Trust 31.92 Bn 31.92 Bn - -24.56%
8 Raymond James Financial 30.62 Bn 19.37 Bn - 24.73%
9 Ares Management 29.04 Bn 32.41 Bn - 27.99%
10 Horizon Kinetics Holding - - 13.33 Mn -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%