Horizon Kinetics Holding (HKHC) Operating Margin (2010 - 2026)
Horizon Kinetics Holding (HKHC) posted quarterly Operating Margin of 23.68% for Q1 2026, down 3272.0% year-over-year from 0.75% in Q1 2025, and down 246.07% quarter-over-quarter from 16.21% in Q4 2025.
Horizon Kinetics Holding (HKHC) Operating Margin (2010 - 2026) Analysis & Trends
Horizon Kinetics Holding's Operating Margin history runs 17 years deep, the most recent figure standing at 23.68% for Q1 2026.
- In Q1 2026, Operating Margin fell 3272.0% year-over-year to 23.68%; the TTM figure through Mar 2026 stood at 5.32% (up 2845.0% YoY), while the FY2025 annual figure was 15.21%, up 4220.0% from the prior year.
- Operating Margin for Q1 2026 stood at 23.68%, down from 16.21% in the prior quarter.
- The five-year high for Operating Margin was 16.48% in Q3 2025, with the low at 457.68% in Q2 2022.
- The 5-year median for Operating Margin is 15.08% (2023), against an average of 71.46%.
- The sharpest annual moves came in 2022 and 2023: Operating Margin slumped 43916 bps in 2022, then surged 35356 bps in 2023.
- Horizon Kinetics Holding's Operating Margin stood at 314.29% in 2022, then jumped by 95 bps to 15.08% in 2023, then plunged by 424 bps to 79.04% in 2024, then jumped by 121 bps to 16.21% in 2025, then sank by 246 bps to 23.68% in 2026.
- Business Quant data shows HKHC's Operating Margin at 23.68% in Q1 2026, 16.21% in Q4 2025, and 16.48% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 34.74% |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | - |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 35.61% |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | - |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 47.97% |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | - |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 24.36% |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | - |
| 10 | Horizon Kinetics Holding | 505.01 Mn | 365.34 Mn | - | 15.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.58% |
| Mar 31, 2026 | -23.68% |
| Dec 31, 2025 | 16.21% |
| Sep 30, 2025 | 16.48% |
| Jun 30, 2025 | 12.68% |
| Mar 31, 2025 | 9.04% |
| Dec 31, 2024 | -79.04% |
| Sep 30, 2024 | -7.06% |
| Jun 30, 2024 | -5.81% |
| Mar 31, 2024 | -0.59% |
| Dec 31, 2023 | -15.08% |
| Sep 30, 2023 | 2.54% |
| Jun 30, 2023 | -104.12% |
| Mar 31, 2023 | -95.89% |
| Dec 31, 2022 | -314.29% |
| Sep 30, 2022 | -147.07% |
| Jun 30, 2022 | -457.68% |
| Mar 31, 2022 | -21.48% |
| Dec 31, 2021 | -77.03% |
| Sep 30, 2021 | -11.67% |