Horizon Kinetics Holding (HKHC) Net Margin (2010 - 2025)
Horizon Kinetics Holding (HKHC) recorded quarterly Net Margin of 0.45% in Q3 2025, up 99.62% quarter-over-quarter from 118.16% in Q2 2025, and up 68.0% on a YoY basis from 0.27% in Q3 2024.
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 0.45% for Q3 2025.
- In Q3 2025, Net Margin rose 68.0% year-over-year to 0.45%; the TTM figure through Mar 2026 stood at 32.1% (down 9784.0% YoY), while the FY2025 annual figure was 2.26%, down 142.0% from the prior year.
- Net Margin was 0.45% for Q3 2025 at Horizon Kinetics Holding, up from 118.16% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 2341.49% in Q1 2024 to a low of 175.49% in Q4 2022.
- Historically, Net Margin has averaged 143.59% across 5 years, with a median of 0.45% in 2025.
- The sharpest annual moves came in 2024 and 2025: Net Margin jumped 218492 bps in 2024, then plunged 234367 bps in 2025.
- A 5-year view of Net Margin shows it stood at 56.21% in 2021, then plunged by 212 bps to 175.49% in 2022, then soared by 99 bps to 2.36% in 2023, then jumped by 34 bps to 1.55% in 2024, then jumped by 71 bps to 0.45% in 2025.
- The last three Net Margin figures came in at 0.45% (Q3 2025), 118.16% (Q2 2025), and 2.18% (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 34.73% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 34.77% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 8.45% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | -38.15% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 18.57% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 18.73% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 37.97% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 12.72% |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 8.40% |
| 10 | Horizon Kinetics Holding | - | - | 13.33 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -0.45% |
| Jun 30, 2025 | -118.16% |
| Mar 31, 2025 | -2.18% |
| Dec 31, 2024 | -1.55% |
| 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% |
| Dec 31, 2020 | -16.31% |