Growth Metrics

Horizon Kinetics Holding (HKHC) Tax Rate (2013 - 2026)

Horizon Kinetics Holding's quarterly Tax Rate came in at 12.63% in Q1 2026, up 143.0% year-on-year from 5.2% in Q1 2025, and up 364.61% quarter-over-quarter from 4.77% in Q4 2025.

Horizon Kinetics Holding has reported Tax Rate for 14 years, with the latest figure at 12.63% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 143.0% year-over-year to 12.63%; the trailing twelve-month figure through Mar 2026 stood at 19.9% (up 1365.0% YoY), and the FY2025 full-year result was 38.44%, down 4233.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 12.63%, up from 4.77% in the prior quarter.
  • The five-year high for Tax Rate was 42.86% in Q3 2024, with the low at 8.73% in Q4 2024.
  • Average Tax Rate over 5 years is 3.73%, with a median of 0.26% recorded in 2023.
  • Year-over-year, Tax Rate surged 11762 bps in 2022 and sank 5107 bps in 2025.
  • Tracing HKHC's Tax Rate over 5 years: stood at 0.37% in 2022, then surged by 247 bps to 0.55% in 2023, then slumped by 1694 bps to 8.73% in 2024, then surged by 45 bps to 4.77% in 2025, then soared by 365 bps to 12.63% in 2026.
  • The last three Tax Rate figures came in at 12.63% (Q1 2026), 4.77% (Q4 2025), and 8.2% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 18.16
2 Blackstone 92.68 Bn 91.63 Bn - 13.55
3 Kkr 84.94 Bn 132.45 Bn - 40.05
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 15.80
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 598.59
6 State Street 44.42 Bn 18.75 Bn - 21.16
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 20.02
8 Northern Trust 31.21 Bn 31.21 Bn - 24.99
9 Ares Management 28.85 Bn 32.22 Bn - 19.13
10 Horizon Kinetics Holding - - 13.33 Mn 12.63

Historic Data

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DateValue
Mar 31, 2026 12.63
Mar 31, 2026 12.63
Dec 31, 2025 -4.77
Dec 31, 2025 -4.77
Sep 30, 2025 -8.20
Sep 30, 2025 -8.20
Jun 30, 2025 14.88
Jun 30, 2025 14.88
Mar 31, 2025 11.16
Mar 31, 2025 11.16
Dec 31, 2024 8.20
Dec 31, 2024 8.20
Sep 30, 2024 42.86
Sep 30, 2024 42.86
Jun 30, 2024 0.56
Jun 30, 2024 0.56
Mar 31, 2024 0.44
Mar 31, 2024 0.44
Dec 31, 2023 0.55
Dec 31, 2023 0.55
Sep 30, 2023 0.11
Sep 30, 2023 0.11
Jun 30, 2023 -0.71
Jun 30, 2023 -0.71
Mar 31, 2023 0.41
Mar 31, 2023 0.41
Dec 31, 2022 -0.37
Dec 31, 2022 -0.37
Sep 30, 2022 -0.18
Sep 30, 2022 -0.18
Jun 30, 2022 -1.01
Jun 30, 2022 -1.01
Dec 31, 2021 -6.86
Dec 31, 2021 -6.86
Sep 30, 2021 -117.81
Sep 30, 2021 -117.81
Jun 30, 2021 26.40
Jun 30, 2021 26.40
Mar 31, 2021 26.45
Mar 31, 2021 26.45
Dec 31, 2020 23.49
Dec 31, 2020 23.49
Sep 30, 2020 17.54
Sep 30, 2020 17.54
Jun 30, 2020 30.36
Jun 30, 2020 30.36
Mar 31, 2020 -12.15
Mar 31, 2020 -12.15
Dec 31, 2019 -14.44
Dec 31, 2019 -14.44
Sep 30, 2019 -43.87
Sep 30, 2019 -43.87
Jun 30, 2019 -12.23
Jun 30, 2019 -12.23
Mar 31, 2019 23.96
Mar 31, 2019 23.96
Dec 31, 2018 2,312.50
Dec 31, 2018 2,312.50
Sep 30, 2018 24.16
Sep 30, 2018 24.16
Jun 30, 2018 25.04
Jun 30, 2018 25.04
Mar 31, 2018 26.04
Mar 31, 2018 26.04
Dec 31, 2017 -3.71
Dec 31, 2017 -3.71
Sep 30, 2017 31.04
Sep 30, 2017 31.04
Jun 30, 2017 37.14
Jun 30, 2017 37.14
Mar 31, 2017 39.93
Mar 31, 2017 39.93
Dec 31, 2016 39.55
Dec 31, 2016 39.55
Sep 30, 2016 40.77
Sep 30, 2016 40.77
Jun 30, 2016 43.76
Jun 30, 2016 43.76
Mar 31, 2016 42.19
Mar 31, 2016 42.19
Dec 31, 2015 1,488.55
Dec 31, 2015 1,488.55
Sep 30, 2015 28.82
Sep 30, 2015 28.82
Jun 30, 2015 -330.40
Jun 30, 2015 -330.40
Mar 31, 2015 1.78
Mar 31, 2015 1.78
Dec 31, 2014 3.88
Dec 31, 2014 3.88
Sep 30, 2014 0.65
Sep 30, 2014 0.65
Jun 30, 2014 2.34
Jun 30, 2014 2.34
Mar 31, 2014 1.66
Mar 31, 2014 1.66
Dec 31, 2013 -75.16
Dec 31, 2013 -75.16
Sep 30, 2013 11.72
Sep 30, 2013 11.72
Jun 30, 2013 6.81
Jun 30, 2013 6.81