Horizon Kinetics Holding (HKHC) Gross Margin (2010 - 2024)
Horizon Kinetics Holding's (HKHC) quarterly Gross Margin came in at 2.99% in Q2 2024, down 4212.0% year-on-year from 0.07% in Q3 2023, and up 1.28% quarter-over-quarter from 2.95% in Q1 2024.
Horizon Kinetics Holding (HKHC) Gross Margin (2010 - 2024) Analysis & Trends
Horizon Kinetics Holding's Gross Margin history runs 15 years deep, the most recent figure standing at 2.99% for Q2 2024.
- On a quarterly basis, Gross Margin fell 4212.0% year-over-year to 2.99% in Q2 2024; TTM through Jun 2024 was 3.14%, a 4445.0% decrease from a year earlier, with the FY2023 full-year figure at 3.06%, down 4301.0% from the prior year.
- Gross Margin climbed to 2.99% in Q2 2024 per HKHC's latest filing, from 2.95% in the prior quarter.
- Across five years, Gross Margin topped out at 56.48% in Q3 2022 and bottomed at 2.95% in Q1 2024.
- The 5-year median for Gross Margin is 43.47% (2020), against an average of 34.54%.
- Across the five-year window, Gross Margin soared 2314 bps in 2021 and tumbled 5346 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 26.75% in 2020, then jumped by 87 bps to 49.89% in 2021, then slipped by 6 bps to 47.07% in 2022, then sank by 92 bps to 3.67% in 2023, then retreated by 19 bps to 2.99% in 2024.
- Per Business Quant, the three latest HKHC Gross Margin figures stand at 2.99% (Q2 2024), 2.95% (Q1 2024), and 3.67% (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 99.89% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -188.48% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 93.51% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Horizon Kinetics Holding | 521.78 Mn | 1.90 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 2.99% |
| Mar 31, 2024 | 2.95% |
| Dec 31, 2023 | 3.67% |
| Sep 30, 2023 | 3.02% |
| Jun 30, 2023 | 45.11% |
| Mar 31, 2023 | 42.84% |
| Dec 31, 2022 | 47.07% |
| Sep 30, 2022 | 56.48% |
| Jun 30, 2022 | 34.20% |
| Mar 31, 2022 | 49.42% |
| Dec 31, 2021 | 49.89% |
| Sep 30, 2021 | 36.01% |
| Jun 30, 2021 | 39.99% |
| Mar 31, 2021 | 45.27% |
| Dec 31, 2020 | 26.75% |
| Sep 30, 2020 | 44.80% |
| Jun 30, 2020 | 47.15% |
| Mar 31, 2020 | 44.10% |
| Dec 31, 2019 | 41.04% |
| Sep 30, 2019 | 41.00% |