Kingsway (KFS) Net Margin (2011 - 2025)
Kingsway (KFS) recorded quarterly Net Margin of 5.37% in Q4 2025, up 28.27% quarter-over-quarter from 7.48% in Q3 2025, and up 67.0% on a YoY basis from 3.21% in Q4 2024.
Kingsway (KFS) Net Margin (2011 - 2025) Analysis & Trends
Kingsway's Net Margin history runs 15 years deep, the most recent figure standing at 5.37% for Q4 2025.
- In Q4 2025, Net Margin rose 67.0% year-over-year to 5.37%; the TTM figure through Dec 2025 stood at 8.83% (down 3.0% YoY), while the FY2025 annual figure was 8.83%, down 19.0% from the prior year.
- Net Margin was 5.37% for Q4 2025 at Kingsway, up from 7.48% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 170.85% in Q3 2022 to a low of 33.69% in Q4 2022.
- Historically, Net Margin has averaged 6.99% across 5 years, with a median of 6.53% in 2023.
- The sharpest annual moves came in 2022 and 2023: Net Margin surged 17606 bps in 2022, then plunged 17548 bps in 2023.
- A 5-year view of Net Margin shows it stood at 17.86% in 2021, then tumbled by 289 bps to 33.69% in 2022, then soared by 79 bps to 7.02% in 2023, then increased by 14 bps to 6.03% in 2024, then gained by 11 bps to 5.37% in 2025.
- The last three Net Margin figures came in at 5.37% (Q4 2025), 7.48% (Q3 2025), and 11.73% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 154.03 Bn | 144.41 Bn | - | 34.73% |
| 2 | Blackstone | 89.67 Bn | 88.62 Bn | - | 34.77% |
| 3 | Kkr | 82.99 Bn | 130.50 Bn | - | 8.45% |
| 4 | Apollo Global Management | 75.96 Bn | 94.69 Bn | 5.04 Bn | -38.15% |
| 5 | State Street | 45.12 Bn | 19.44 Bn | - | 18.57% |
| 6 | Ameriprise Financial | 41.87 Bn | 41.74 Bn | 4.57 Bn | 18.73% |
| 7 | Northern Trust | 31.37 Bn | 31.37 Bn | - | 37.97% |
| 8 | Raymond James Financial | 29.45 Bn | 18.21 Bn | - | 12.72% |
| 9 | Ares Management | 28.36 Bn | 31.73 Bn | - | 8.40% |
| 10 | Kingsway | - | - | 21.51 Mn | -5.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -5.37% |
| Sep 30, 2025 | -7.48% |
| Jun 30, 2025 | -11.73% |
| Mar 31, 2025 | -12.13% |
| Dec 31, 2024 | -6.03% |
| Sep 30, 2024 | -10.37% |
| Jun 30, 2024 | -9.57% |
| Mar 31, 2024 | -9.50% |
| Dec 31, 2023 | -7.02% |
| Sep 30, 2023 | -4.63% |
| Jun 30, 2023 | -5.94% |
| Mar 31, 2023 | 105.24% |
| Dec 31, 2022 | -33.69% |
| Sep 30, 2022 | 170.85% |
| Jun 30, 2022 | -11.64% |
| Mar 31, 2022 | -12.16% |
| Dec 31, 2021 | 17.86% |
| Sep 30, 2021 | -5.22% |
| Jun 30, 2021 | -3.48% |
| Mar 31, 2021 | 1.83% |