Hennessy Advisors (HNNA) Net Margin (2010 - 2026)
Hennessy Advisors' Net Margin was 23.83% in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 2.51 percentage points from 26.33% a year earlier but up 0.34 percentage points from the prior quarter.
Hennessy Advisors (HNNA) Net Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hennessy Advisors' Net Margin was 24.78% through Jun 30, 2026, down 2.77 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 28.03%, up 4.09 percentage points from FY2024.
- Net Margin shows a five-year change of +4.54 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Net Margin was 23.94% in FY2024 (+4.08 pp), 19.86% in FY2023 (-1.00 pp), 20.86% in FY2022 (-3.26 pp) and 24.12% in FY2021 (+0.64 pp).
- Quarterly Net Margin has moved between 18.21% (fiscal Q1 2023) and 29.19% (fiscal Q1 2025) over five years.
- Compared with a year earlier, Net Margin has declined for three straight quarters, with an average year-over-year change of +1.22 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was fiscal Q1 2025 (a gain of 9.66 percentage points); the worst was fiscal Q3 2022 (a drop of 7.49 percentage points).
- Per Business Quant data, HNNA's Net Margin in the three fiscal quarters before Q3 2026 was 23.48% (Q2 2026), 23.20% (Q1 2026) and 28.49% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - | 27.02% |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - | - |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - | 24.37% |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - | 11.53% |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn | 0.00% |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - | 51.57% |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn | 11.98% |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn | 58.46% |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn | 60.94% |
| 10 | Hennessy Advisors | 79.83 Mn | -173.02 Mn | - | 23.83% |
Historic 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 | 26.52% |
| 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% |
Hennessy Advisors Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=HNNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "HNNA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=HNNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();