Horizon Technology Finance (HRZN) FCF Margin (2021 - 2026)
Horizon Technology Finance (HRZN) posted quarterly FCF Margin of 174.95% for Q1 2026, down 12117.0% year-over-year from N/an in Q1 2025, and down 18.83% quarter-over-quarter from 147.23% in Q4 2025.
Horizon Technology Finance (HRZN) FCF Margin (2021 - 2026) Analysis & Trends
Horizon Technology Finance (HRZN) has reported FCF Margin for 6 consecutive years, with 174.95% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin fell 12117.0% year-over-year to 174.95%; the TTM figure through Mar 2026 stood at 28.97% (up 4249.0% YoY), while the FY2025 annual figure was 58.98%, up 5504.0% from the prior year.
- FCF Margin eased to 174.95% in Q1 2026 per HRZN's latest filing, from 147.23% in the prior quarter.
- Across five years, FCF Margin topped out at 211.42% in Q2 2024 and bottomed at 389.76% in Q1 2022.
- Historically, FCF Margin has averaged 74.61% across 5 years, with a median of 81.43% in 2023.
- Annual changes were most pronounced in 2022 — FCF Margin sank 36520 bps — and 2023, when it surged 43516 bps.
- Horizon Technology Finance's FCF Margin stood at 369.07% in 2022, then jumped by 111 bps to 39.83% in 2023, then plunged by 379 bps to 111.0% in 2024, then sank by 33 bps to 147.23% in 2025, then dropped by 19 bps to 174.95% in 2026.
- Business Quant data shows HRZN's FCF Margin at 174.95% in Q1 2026, 147.23% in Q4 2025, and 192.41% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.62 Bn | 164.75 Bn | - | 15.78% |
| 2 | Blackstone | 115.00 Bn | 112.49 Bn | - | 37.86% |
| 3 | Kkr | 97.54 Bn | -179.53 Bn | - | 55.96% |
| 4 | Brookfield | 93.46 Bn | 46.05 Bn | - | - |
| 5 | Brookfield Asset Management | 83.57 Bn | 82.07 Bn | - | 30.52% |
| 6 | Apollo Global Management | 78.67 Bn | 53.30 Bn | 10.54 Bn | 25.83% |
| 7 | State Street | 51.33 Bn | 51.33 Bn | - | -74.14% |
| 8 | Ameriprise Financial | 51.17 Bn | 40.12 Bn | 4.72 Bn | 56.83% |
| 9 | Raymond James Financial | 33.97 Bn | 20.71 Bn | - | -7.06% |
| 10 | Horizon Technology Finance | 307.00 Mn | 307.00 Mn | - | 493.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -174.95% |
| Dec 31, 2025 | -147.23% |
| Sep 30, 2025 | 192.41% |
| Jun 30, 2025 | 202.29% |
| Mar 31, 2025 | -53.78% |
| Dec 31, 2024 | -111.00% |
| Sep 30, 2024 | -115.04% |
| Jun 30, 2024 | 211.42% |
| Mar 31, 2024 | 15.47% |
| Dec 31, 2023 | 39.83% |
| Sep 30, 2023 | -81.43% |
| Jun 30, 2023 | -19.50% |
| Mar 31, 2023 | 45.40% |
| Dec 31, 2022 | -369.07% |
| Sep 30, 2022 | -215.52% |
| Jun 30, 2022 | -297.91% |
| Mar 31, 2022 | -389.76% |
| Dec 31, 2021 | -3.87% |