Kingsway (KFS) Gross Margin (2011 - 2025)
Kingsway (KFS) recorded quarterly Gross Margin of 55.8% in Q4 2025, down 39.08% quarter-over-quarter from 91.59% in Q3 2025, and up 1110.0% on a YoY basis from 4.61% in Q4 2024.
Kingsway (KFS) Gross Margin (2011 - 2025) Analysis & Trends
Kingsway's Gross Margin history runs 15 years deep, the most recent figure standing at 55.8% for Q4 2025.
- In Q4 2025, Gross Margin rose 1110.0% year-over-year to 55.8%; the TTM figure through Dec 2025 stood at 75.64% (up 132.0% YoY), while the FY2025 annual figure was 80.94%, up 341.0% from the prior year.
- Gross Margin was 55.8% for Q4 2025 at Kingsway, down from 91.59% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 323.63% in Q4 2021 to a low of 38.17% in Q4 2022.
- Historically, Gross Margin has averaged 91.29% across 5 years, with a median of 84.33% in 2025.
- The sharpest annual moves came in 2021 and 2022: Gross Margin soared 46051 bps in 2021, then sank 28546 bps in 2022.
- A 5-year view of Gross Margin shows it stood at 323.63% in 2021, then tumbled by 88 bps to 38.17% in 2022, then surged by 106 bps to 78.52% in 2023, then tumbled by 43 bps to 44.7% in 2024, then rose by 25 bps to 55.8% in 2025.
- The last three Gross Margin figures came in at 55.8% (Q4 2025), 91.59% (Q3 2025), and 77.99% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 154.03 Bn | 144.41 Bn | - | - |
| 2 | Blackstone | 89.67 Bn | 88.62 Bn | - | - |
| 3 | Kkr | 82.99 Bn | 130.50 Bn | - | - |
| 4 | Apollo Global Management | 75.96 Bn | 94.69 Bn | 5.04 Bn | 99.70% |
| 5 | State Street | 45.12 Bn | 19.44 Bn | - | - |
| 6 | Ameriprise Financial | 41.87 Bn | 41.74 Bn | 4.57 Bn | 93.51% |
| 7 | Northern Trust | 31.37 Bn | 31.37 Bn | - | - |
| 8 | Raymond James Financial | 29.45 Bn | 18.21 Bn | - | - |
| 9 | Ares Management | 28.36 Bn | 31.73 Bn | - | - |
| 10 | Kingsway | - | - | 21.51 Mn | 55.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 55.80% |
| Sep 30, 2025 | 91.59% |
| Jun 30, 2025 | 77.99% |
| Mar 31, 2025 | 79.15% |
| Dec 31, 2024 | 44.70% |
| Sep 30, 2024 | 89.68% |
| Jun 30, 2024 | 89.50% |
| Mar 31, 2024 | 76.60% |
| Dec 31, 2023 | 78.52% |
| Sep 30, 2023 | 76.28% |
| Jun 30, 2023 | 90.20% |
| Mar 31, 2023 | 90.45% |
| Dec 31, 2022 | 38.17% |
| Sep 30, 2022 | 89.83% |
| Jun 30, 2022 | 91.53% |
| Mar 31, 2022 | 94.38% |
| Dec 31, 2021 | 323.63% |
| Sep 30, 2021 | 92.84% |
| Jun 30, 2021 | 76.24% |
| Mar 31, 2021 | 78.70% |