Horizon Kinetics Holding (HKHC) Gross Margin (2010 - 2024)
Horizon Kinetics Holding (HKHC) recorded Gross Margin of 2.99% in Q2 2024, down 42.12 percentage points from 45.11% a year earlier but up 0.04 percentage points from the prior quarter.
Horizon Kinetics Holding (HKHC) Gross Margin (2010 - 2024) Analysis & Trends
On a TTM basis, Horizon Kinetics Holding's Gross Margin came in at 3.14% as of Jun 30, 2024, down 44.45 percentage points year-over-year; for FY2023, it was 3.06%, down 43.01 percentage points from FY2022.
- Annual Gross Margin has a five-year change of -40.68 percentage points (FY2018 to FY2023).
- Across earlier years, Gross Margin came in at 46.07% in FY2022 (+3.93 pp), 42.14% in FY2021 (+1.91 pp), 40.23% in FY2020 (+2.24 pp) and 37.98% in FY2019 (-5.76 pp).
- Quarterly Gross Margin has ranged from 2.95% in Q1 2024 to 56.48% in Q3 2022 over the past five years.
- On a year-over-year basis, Gross Margin has declined for four consecutive quarters, with an average year-over-year change of -19.61 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 23.14 percentage points in Q4 2021, against a drop of 53.46 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.95% (Q1 2024), 3.67% (Q4 2023) and 3.02% (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - | - |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - | - |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - | - |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - | - |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn | 23.02% |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - | - |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn | 94.67% |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn | 74.03% |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn | 77.64% |
| 10 | Horizon Kinetics Holding | 434.38 Mn | 1.68 Bn | - | - |
Historic 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% |
Horizon Kinetics Holding Gross Margin 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=gross-margin&ticker=HKHC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HKHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HKHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();