Hennessy Advisors (HNNA) Net Margin (2010 - 2026)
Hennessy Advisors' (HNNA) quarterly Net Margin came in at 23.48% in Q1 2026, down 436.0% YoY from 6.99% in Q1 2025, and up 1.24% on a QoQ basis from 23.2% in Q4 2025.
Hennessy Advisors (HNNA) Net Margin (2010 - 2026) Analysis & Trends
Hennessy Advisors (HNNA) has 17 years of Net Margin data on file, last reported at 23.48% in Q1 2026.
- Quarterly Net Margin fell 436.0% year-over-year to 23.48% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 25.4% (down 506.0% YoY) and the FY2025 annual result came in at 28.03%, up 54.0% from the prior year.
- Net Margin grew to 23.48% in Q1 2026, from 23.2% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 38.49% in Q3 2024 to a low of 18.21% in Q4 2022.
- A 5-year average of 23.82% and a median of 22.19% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin surged 1707 bps — and 2025, when it tumbled 1000 bps.
- Tracing HNNA's Net Margin over 5 years: stood at 18.21% in 2022, then climbed by 7 bps to 19.53% in 2023, then jumped by 49 bps to 29.19% in 2024, then declined by 21 bps to 23.2% in 2025, then grew by 1 bps to 23.48% in 2026.
- The last three Net Margin figures came in at 23.48% (Q1 2026), 23.2% (Q4 2025), and 28.49% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 27.15% |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 46.71% |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 11.53% |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | 1.88% |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 51.57% |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 11.98% |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 25.35% |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 22.20% |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 13.64% |
| 10 | Hennessy Advisors | 78.16 Mn | 42.80 Mn | - | 23.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.83% |
| Mar 31, 2026 | 23.48% |
| Dec 31, 2025 | 23.20% |
| Sep 30, 2025 | 28.49% |
| Jun 30, 2025 | 26.33% |
| Mar 31, 2025 | 27.85% |
| Dec 31, 2024 | 29.19% |
| Sep 30, 2024 | 38.49% |
| Jun 30, 2024 | 26.07% |
| Mar 31, 2024 | 22.19% |
| Dec 31, 2023 | 19.53% |
| Sep 30, 2023 | 21.43% |
| Jun 30, 2023 | 19.58% |
| Mar 31, 2023 | 20.20% |
| Dec 31, 2022 | 18.21% |
| Sep 30, 2022 | 21.21% |
| Jun 30, 2022 | 18.83% |
| Mar 31, 2022 | 20.68% |
| Dec 31, 2021 | 22.42% |
| Sep 30, 2021 | 23.49% |