Horizon Kinetics Holding (HKHC) Operating Margin (2010 - 2026)
Horizon Kinetics Holding's quarterly Operating Margin came in at 23.68% in Q1 2026, down 3272.0% year-on-year from 0.75% in Q1 2025, and down 246.07% quarter-over-quarter from 16.21% in Q4 2025.
Horizon Kinetics Holding has reported Operating Margin for 17 years, with the latest figure at 23.68% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 3272.0% year-over-year to 23.68%; the trailing twelve-month figure through Mar 2026 stood at 5.32% (up 2845.0% YoY), and the FY2025 full-year result 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 856.39% in Q4 2022, with the low at 457.68% in Q2 2022.
- Average Operating Margin over 5 years is 2.6%, with a median of 7.06% recorded in 2024.
- Year-over-year, Operating Margin jumped 93342 bps in 2022 and tumbled 87147 bps in 2023.
- Tracing HKHC's Operating Margin over 5 years: stood at 856.39% in 2022, then sank by 102 bps to 15.08% in 2023, then plunged by 424 bps to 79.04% in 2024, then soared by 121 bps to 16.21% in 2025, then sank by 246 bps to 23.68% in 2026.
- The last three Operating Margin figures came in at 23.68% (Q1 2026), 16.21% (Q4 2025), and 16.48% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 42.01% |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 46.06% |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 1.56% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 18.44% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Horizon Kinetics Holding | - | - | 13.33 Mn | -23.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.68% |
| Dec 31, 2025 | 16.21% |
| Sep 30, 2025 | 16.48% |
| Jun 30, 2025 | 12.68% |
| Mar 31, 2025 | 6.59% |
| 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 | 856.39% |
| 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% |
| Jun 30, 2021 | -18.52% |
| Mar 31, 2021 | -1.36% |
| Dec 31, 2020 | -23.07% |
| Sep 30, 2020 | -6.81% |
| Jun 30, 2020 | -6.41% |
| Mar 31, 2020 | 3.18% |
| Dec 31, 2019 | 9.18% |
| Sep 30, 2019 | 3.43% |
| Jun 30, 2019 | -12.13% |
| Mar 31, 2019 | -6.76% |
| Dec 31, 2018 | -0.22% |
| Sep 30, 2018 | 14.58% |
| Jun 30, 2018 | 16.29% |
| Mar 31, 2018 | -3.24% |
| Dec 31, 2017 | -25.03% |
| Sep 30, 2017 | 20.94% |
| Jun 30, 2017 | 14.44% |
| Mar 31, 2017 | 17.64% |
| Dec 31, 2016 | 13.13% |
| Sep 30, 2016 | 10.85% |
| Jun 30, 2016 | -9.44% |
| Mar 31, 2016 | 16.67% |
| Dec 31, 2015 | 1.75% |
| Sep 30, 2015 | 8.81% |
| Jun 30, 2015 | 10.79% |
| Mar 31, 2015 | 10.06% |
| Dec 31, 2014 | 8.73% |
| Sep 30, 2014 | 11.05% |
| Jun 30, 2014 | 5.58% |
| Mar 31, 2014 | 9.20% |
| Dec 31, 2013 | 1.30% |
| Sep 30, 2013 | 12.01% |
| Jun 30, 2013 | 3.00% |
| Mar 31, 2013 | -0.39% |
| Dec 31, 2012 | -11.42% |
| Sep 30, 2012 | -12.31% |
| Jun 30, 2012 | -8.63% |
| Mar 31, 2012 | -0.41% |
| Dec 31, 2011 | -21.32% |
| Sep 30, 2011 | 0.24% |
| Jun 30, 2011 | 1.57% |
| Mar 31, 2011 | 4.04% |
| Dec 31, 2010 | -0.74% |
| Sep 30, 2010 | -4.53% |
| Jun 30, 2010 | -7.13% |