Horizon Kinetics Holding (HKHC) Net Margin (2010 - 2025)
Horizon Kinetics Holding's quarterly Net Margin came in at 0.45% in Q3 2025, up 68.0% year-on-year from 0.27% in Q3 2024, and up 99.62% quarter-over-quarter from 118.16% in Q2 2025.
Horizon Kinetics Holding has reported Net Margin for 16 years, with the latest figure at 0.45% in Q3 2025.
- For the quarter ending Q3 2025, Net Margin rose 68.0% year-over-year to 0.45%; the trailing twelve-month figure through Mar 2026 stood at 32.1% (down 9784.0% YoY), and the FY2025 full-year result was 2.26%, down 142.0% from the prior year.
- Net Margin for Q3 2025 stood at 0.45%, up from 118.16% 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.
- Average Net Margin over 5 years is 143.59%, with a median of 0.45% recorded in 2025.
- Year-over-year, Net Margin soared 218492 bps in 2024 and plunged 234367 bps in 2025.
- Tracing HKHC's Net Margin over 5 years: stood at 56.21% in 2021, then tumbled by 212 bps to 175.49% in 2022, then jumped by 99 bps to 2.36% in 2023, then surged by 34 bps to 1.55% in 2024, then surged 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 34.73% |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 34.77% |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 8.45% |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 46.11% |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | -38.15% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 18.57% |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 18.73% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 37.97% |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 8.40% |
| 10 | Horizon Kinetics Holding | - | - | 13.33 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -2.03% |
| Sep 30, 2025 | -0.35% |
| Jun 30, 2025 | -118.16% |
| Mar 31, 2025 | 413.30% |
| Dec 31, 2024 | -1.55% |
| Sep 30, 2024 | -1.42% |
| Jun 30, 2024 | 362.25% |
| Mar 31, 2024 | 2,341.49% |
| Dec 31, 2023 | -2.36% |
| Sep 30, 2023 | 33.87% |
| Jun 30, 2023 | 46.88% |
| 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 | -17.69% |
| Sep 30, 2020 | -7.18% |
| Jun 30, 2020 | -1.28% |
| Mar 31, 2020 | 3.53% |
| Dec 31, 2019 | -5.19% |
| Sep 30, 2019 | 5.39% |
| Jun 30, 2019 | -11.22% |
| Mar 31, 2019 | -4.85% |
| Dec 31, 2018 | 1.94% |
| Sep 30, 2018 | 11.02% |
| Jun 30, 2018 | 11.88% |
| Mar 31, 2018 | -2.64% |
| Dec 31, 2017 | 19.42% |
| Sep 30, 2017 | 14.26% |
| Jun 30, 2017 | 8.86% |
| Mar 31, 2017 | 10.35% |
| Dec 31, 2016 | 7.68% |
| Sep 30, 2016 | 6.07% |
| Jun 30, 2016 | -5.35% |
| Mar 31, 2016 | 9.63% |
| Dec 31, 2015 | -24.96% |
| Sep 30, 2015 | 6.27% |
| Jun 30, 2015 | 46.32% |
| Mar 31, 2015 | 9.84% |
| Dec 31, 2014 | 8.41% |
| Sep 30, 2014 | 11.36% |
| Jun 30, 2014 | 5.39% |
| Mar 31, 2014 | 9.07% |
| Dec 31, 2013 | 2.16% |
| Sep 30, 2013 | 10.63% |
| Jun 30, 2013 | 2.74% |
| Mar 31, 2013 | -1.26% |
| Dec 31, 2012 | -10.41% |
| Sep 30, 2012 | -13.21% |
| Jun 30, 2012 | -9.54% |
| Mar 31, 2012 | -1.14% |
| Dec 31, 2011 | -21.77% |
| Sep 30, 2011 | -0.24% |
| Jun 30, 2011 | 1.28% |
| Mar 31, 2011 | 3.25% |
| Dec 31, 2010 | -1.42% |
| Sep 30, 2010 | -5.62% |
| Jun 30, 2010 | -8.20% |