Horizon Kinetics Holding (HKHC) Net Margin (2010 - 2025)
Horizon Kinetics Holding's (HKHC) quarterly Net Margin came in at 4.83% in Q4 2025, down 360.0% year-on-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.
- On a quarterly basis, Net Margin fell 360.0% year-over-year to 4.83% in Q4 2025; TTM through Mar 2026 was 33.21%, a 9904.0% decrease from a year earlier, with the FY2025 full-year figure at 1.78%, down 112.0% from the prior year.
- Net Margin retreated to 4.83% in Q4 2025 per HKHC's latest filing, from 0.35% in the prior quarter.
- Across five years, Net Margin topped out at 2341.49% in Q1 2024 and bottomed at 175.49% in Q4 2022.
- The 5-year median for Net Margin is 0.74% (2024), against an average of 136.19%.
- Across the five-year window, Net Margin soared 218492 bps in 2024 and plunged 234367 bps in 2025, its largest moves.
- Year by year, Net Margin stood at 56.21% in 2021, then slumped by 212 bps to 175.49% in 2022, then soared by 99 bps to 2.36% in 2023, then soared by 48 bps to 1.23% in 2024, then tumbled by 293 bps to 4.83% in 2025.
- Per Business Quant, the three latest HKHC Net Margin figures stand at 4.83% (Q4 2025), 0.35% (Q3 2025), and 118.16% (Q2 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 0.55% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 32.99% |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 34.77% |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -889.40% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 18.57% |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 18.73% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 37.97% |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 14.05% |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 26.07% |
| 10 | Horizon Kinetics Holding | 521.78 Mn | 1.90 Bn | - | - |
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% |