Noah Holdings (NOAH) EBT Margin (2016 - 2025)
Noah Holdings (NOAH) reported EBT Margin of 32.42% for Q4 2025, down 641.0% on a YoY basis from 5.99% in Q4 2024, and up 1.75% quarter-over-quarter from 31.87% in Q3 2025.
Noah Holdings (NOAH) EBT Margin (2016 - 2025) Analysis & Trends
Noah Holdings has reported EBT Margin for 10 years, with the latest figure at 32.42% in Q4 2025.
- For the quarter ending Q4 2025, EBT Margin fell 641.0% year-over-year to 32.42%; the trailing twelve-month figure through Dec 2025 stood at 32.79% (down 56.0% YoY), and the FY2025 full-year result was 32.81%, down 55.0% from the prior year.
- EBT Margin for Q4 2025 stood at 32.42%, up from 31.87% in the prior quarter.
- The five-year high for EBT Margin was 48.48% in Q2 2022, with the low at 11.77% in Q4 2021.
- Historically, EBT Margin has averaged 34.21% across 5 years, with a median of 35.67% in 2021.
- The largest YoY upside for EBT Margin was 17552 bps in 2021 against a maximum downside of 1302 bps in 2021.
- Noah Holdings' EBT Margin stood at 11.77% in 2021, then jumped by 82 bps to 21.4% in 2022, then climbed by 14 bps to 24.34% in 2023, then soared by 60 bps to 38.84% in 2024, then declined by 17 bps to 32.42% in 2025.
- The last three EBT Margin figures came in at 32.42% (Q4 2025), 31.87% (Q3 2025), and 30.97% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 42.43% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 40.22% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 10.72% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 5.59% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 25.53% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 23.41% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 52.23% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 22.41% |
| 10 | Noah Holdings | 506.01 Mn | 433.74 Mn | 96.16 Mn | 32.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 32.42% |
| Sep 30, 2025 | 31.87% |
| Jun 30, 2025 | 30.97% |
| Mar 31, 2025 | 36.12% |
| Dec 31, 2024 | 38.84% |
| Sep 30, 2024 | 35.39% |
| Jun 30, 2024 | 31.77% |
| Mar 31, 2024 | 27.22% |
| Dec 31, 2023 | 24.34% |
| Sep 30, 2023 | 40.59% |
| Jun 30, 2023 | 42.57% |
| Mar 31, 2023 | 38.49% |
| Dec 31, 2022 | 21.40% |
| Sep 30, 2022 | 36.74% |
| Jun 30, 2022 | 48.48% |
| Mar 31, 2022 | 44.18% |
| Dec 31, 2021 | 11.77% |
| Sep 30, 2021 | 29.36% |
| Jun 30, 2021 | 35.94% |
| Mar 31, 2021 | 45.66% |