Horizon Kinetics Holding (HKHC) Net Margin (2010 - 2025)
Horizon Kinetics Holding (HKHC) posted quarterly Net Margin of 4.83% for Q4 2025, down 360.0% year-over-year from 1.86% in Q4 2024, and down 1272.07% quarter-over-quarter from 0.35% in Q3 2025.
Horizon Kinetics Holding (HKHC) Net Margin (2010 - 2025) Analysis & Trends
Horizon Kinetics Holding's Net Margin history runs 16 years deep, the most recent figure standing at 4.83% for Q4 2025.
- In Q4 2025, Net Margin fell 360.0% year-over-year to 4.83%; the TTM figure through Mar 2026 stood at 33.21% (down 9904.0% YoY), while the FY2025 annual figure was 1.78%, down 112.0% from the prior year.
- Net Margin for Q4 2025 stood at 4.83%, down from 0.35% in the prior quarter.
- The five-year high for Net Margin was 2341.49% in Q1 2024, with the low at 175.49% in Q4 2022.
- The 5-year median for Net Margin is 0.74% (2024), against an average of 136.19%.
- The sharpest annual moves came in 2024 and 2025: Net Margin soared 218492 bps in 2024, then tumbled 234367 bps in 2025.
- Horizon Kinetics Holding's Net Margin stood at 56.21% in 2021, then tumbled by 212 bps to 175.49% in 2022, then surged by 99 bps to 2.36% in 2023, then surged by 48 bps to 1.23% in 2024, then plunged by 293 bps to 4.83% in 2025.
- Business Quant data shows HKHC's Net Margin at 4.83% in Q4 2025, 0.35% in Q3 2025, and 118.16% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 27.15% |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 46.71% |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 11.53% |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | 1.88% |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 51.57% |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 11.98% |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 25.35% |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 22.20% |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 13.64% |
| 10 | Horizon Kinetics Holding | 505.01 Mn | 365.34 Mn | - | -593.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -4.83% |
| Sep 30, 2025 | -0.35% |
| Jun 30, 2025 | -118.16% |
| Mar 31, 2025 | -2.18% |
| Dec 31, 2024 | -1.23% |
| Sep 30, 2024 | -1.13% |
| Jun 30, 2024 | 362.25% |
| Mar 31, 2024 | 2,341.49% |
| Dec 31, 2023 | -2.36% |
| Sep 30, 2023 | 33.87% |
| Jun 30, 2023 | 57.24% |
| Mar 31, 2023 | 156.57% |
| Dec 31, 2022 | -175.49% |
| Sep 30, 2022 | 49.52% |
| Jun 30, 2022 | 77.05% |
| Mar 31, 2022 | 11.58% |
| Dec 31, 2021 | -56.21% |
| Sep 30, 2021 | -2.57% |
| Jun 30, 2021 | 0.63% |
| Mar 31, 2021 | -1.88% |