Hennessy Advisors (HNNA) Net Margin (2010 - 2026)
Hennessy Advisors posted quarterly Net Margin of 23.48% for Q1 2026, down 436.0% year-on-year from 6.99% in Q1 2025, and up 1.24% on a QoQ basis from 23.2% in Q4 2025.
Hennessy Advisors (HNNA) has 17 years of Net Margin data on file, last reported at 23.48% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 436.0% year-over-year to 23.48%; the trailing twelve-month figure through Mar 2026 stood at 28.16% (down 230.0% YoY), and the FY2025 full-year result was 30.59%, up 311.0% from the prior year.
- Net Margin for Q1 2026 stood at 23.48%, up from 23.2% in the prior quarter.
- Across five years, Net Margin topped out at 39.21% in Q3 2025 and bottomed at 18.21% in Q4 2022.
- The 5-year median for Net Margin is 23.2% (2025), against an average of 25.41%.
- The widest annual swing landed in 2023, when Net Margin slumped 1600 bps; it then surged 1707 bps in 2024.
- A 5-year view of Net Margin shows it stood at 18.21% in 2022, then grew by 7 bps to 19.53% in 2023, then surged by 49 bps to 29.19% in 2024, then fell by 21 bps to 23.2% in 2025, then increased 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 39.21% (Q3 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 | Hennessy Advisors | 78.18 Mn | 7.14 Mn | - | 23.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.48% |
| Dec 31, 2025 | 23.20% |
| Sep 30, 2025 | 39.21% |
| 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 | 37.43% |
| Jun 30, 2022 | 18.83% |
| Mar 31, 2022 | 20.68% |
| Dec 31, 2021 | 22.42% |
| Sep 30, 2021 | 23.49% |
| Jun 30, 2021 | 26.32% |
| Mar 31, 2021 | 23.77% |
| Dec 31, 2020 | 22.76% |
| Sep 30, 2020 | 19.92% |
| Jun 30, 2020 | 25.74% |
| Mar 31, 2020 | 22.19% |
| Dec 31, 2019 | 25.65% |
| Sep 30, 2019 | 23.66% |
| Jun 30, 2019 | 25.65% |
| Mar 31, 2019 | 27.74% |
| Dec 31, 2018 | 26.34% |
| Sep 30, 2018 | 27.68% |
| Jun 30, 2018 | 31.09% |
| Mar 31, 2018 | 32.52% |
| Dec 31, 2017 | 59.27% |
| Sep 30, 2017 | 25.35% |
| Jun 30, 2017 | 30.05% |
| Mar 31, 2017 | 27.41% |
| Dec 31, 2016 | 46.46% |
| Sep 30, 2016 | 27.08% |
| Jun 30, 2016 | 29.97% |
| Mar 31, 2016 | 26.93% |
| Dec 31, 2015 | 27.75% |
| Sep 30, 2015 | 37.94% |
| Jun 30, 2015 | 27.60% |
| Mar 31, 2015 | 24.57% |
| Dec 31, 2014 | 21.22% |
| Sep 30, 2014 | 25.30% |
| Jun 30, 2014 | 23.28% |
| Mar 31, 2014 | 21.17% |
| Dec 31, 2013 | 18.39% |
| Sep 30, 2013 | 40.06% |
| Jun 30, 2013 | 21.06% |
| Mar 31, 2013 | 18.78% |
| Dec 31, 2012 | 16.32% |
| Sep 30, 2012 | 14.12% |
| Jun 30, 2012 | 17.67% |
| Mar 31, 2012 | 14.23% |
| Dec 31, 2011 | 8.85% |
| Sep 30, 2011 | 14.78% |
| Jun 30, 2011 | 18.30% |
| Mar 31, 2011 | 16.78% |
| Dec 31, 2010 | 13.65% |
| Sep 30, 2010 | 12.04% |
| Jun 30, 2010 | 14.00% |
| Mar 31, 2010 | 11.10% |