Noah Holdings (NOAH) EBITDA (2012 - 2025)

Noah Holdings (NOAH) reported EBITDA of $36.9 million for Q4 2025, up 95.55% on a YoY basis from $18.8 million in Q4 2024, and up 53.46% quarter-over-quarter from $24.0 million in Q3 2025.

Noah Holdings (NOAH) EBITDA (2012 - 2025) Analysis & Trends

Noah Holdings has reported EBITDA for 13 years, with the latest figure at $36.9 million in Q4 2025.

  • For the quarter ending Q4 2025, EBITDA rose 95.55% year-over-year to $36.9 million; the trailing twelve-month figure through Dec 2025 stood at $108.7 million (up 23.95% YoY), and the FY2025 full-year result was $109.5 million, up 26.1% from the prior year.
  • EBITDA for Q4 2025 stood at $36.9 million, up from $24.0 million in the prior quarter.
  • The five-year high for EBITDA was $77.5 million in Q1 2021, with the low at $16.8 million in Q1 2024.
  • Historically, EBITDA has averaged $35.0 million across 5 years, with a median of $33.7 million in 2022.
  • Annual changes were most pronounced in 2021 — EBITDA jumped 114.15% — and 2024, when it sank 61.73%.
  • Noah Holdings' EBITDA stood at $20.8 million in 2021, then surged by 53.48% to $31.9 million in 2022, then fell by 2.42% to $31.1 million in 2023, then tumbled by 39.38% to $18.8 million in 2024, then surged by 95.55% to $36.9 million in 2025.
  • The last three EBITDA figures came in at $36.9 million (Q4 2025), $24.0 million (Q3 2025), and $22.3 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 2.81 Bn
2 Blackstone 96.85 Bn 95.80 Bn - 1.59 Bn
3 Kkr 86.45 Bn 133.96 Bn - 1.99 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 79.00 Mn
5 State Street 46.95 Bn 21.27 Bn - 2.79 Bn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 901.00 Mn
7 Northern Trust 31.92 Bn 31.92 Bn - 2.28 Bn
8 Raymond James Financial 30.62 Bn 19.37 Bn - 524.00 Mn
9 Ares Management 29.04 Bn 32.41 Bn - 363.68 Mn
10 Noah Holdings 506.01 Mn 433.74 Mn 96.16 Mn 36.86 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 36.86 Mn
Sep 30, 2025 24.02 Mn
Jun 30, 2025 22.26 Mn
Mar 31, 2025 25.59 Mn
Dec 31, 2024 18.85 Mn
Sep 30, 2024 33.60 Mn
Jun 30, 2024 18.44 Mn
Mar 31, 2024 16.83 Mn
Dec 31, 2023 31.09 Mn
Sep 30, 2023 34.11 Mn
Jun 30, 2023 48.19 Mn
Mar 31, 2023 40.77 Mn
Dec 31, 2022 31.86 Mn
Sep 30, 2022 33.89 Mn
Jun 30, 2022 48.24 Mn
Mar 31, 2022 49.44 Mn
Dec 31, 2021 20.76 Mn
Sep 30, 2021 35.38 Mn
Jun 30, 2021 51.90 Mn
Mar 31, 2021 77.50 Mn