Noah Holdings (NOAH) EBT Margin (2016 - 2026)
Noah Holdings (NOAH) reported EBT Margin of 39.21% for the quarter ended Jun 30, 2026, up 8.85 percentage points from 30.36% a year earlier but down 3.17 percentage points from the prior quarter.
Noah Holdings (NOAH) EBT Margin (2016 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Noah Holdings' EBT Margin came in at 38.14%, up 5.16 percentage points year-over-year; for the year ended Dec 31, 2025, it was 32.57%, down 0.53 percentage points from the prior year.
- EBT Margin has declined for three consecutive years, though with a five-year change of +50.17 percentage points (years ended Dec 2020 to Dec 2025).
- By year, EBT Margin came in at 33.10% in the year ended Dec 31, 2024 (-3.35 pp), 36.45% in the year ended Dec 31, 2023 (-0.29 pp), 36.74% in the year ended Dec 31, 2022 (+6.74 pp) and 30.00% in the year ended Dec 31, 2021 (+47.61 pp).
- Five-year quarterly EBT Margin spans a low of 11.54% in the quarter ended Dec 31, 2021 and a high of 45.54% in the quarter ended Jun 30, 2022.
- Year over year, EBT Margin has now increased in each of the last three quarters, with an average year-over-year change of +3.26 percentage points over the last eight quarters.
- The high point for year-over-year EBT Margin in five years was the quarter ended Dec 31, 2022 (a gain of 14.85 percentage points); the low point was the quarter ended Dec 31, 2021 (a drop of 25.79 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 42.38% (quarter ended Mar 31, 2026), 39.39% (quarter ended Dec 31, 2025) and 31.27% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - | 38.38% |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - | - |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - | 55.68% |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - | 24.00% |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn | -52.44% |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - | 76.10% |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn | 22.28% |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn | 72.76% |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn | 77.95% |
| 10 | Noah Holdings | 534.40 Mn | -2.33 Bn | - | 39.21% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.21% |
| Mar 31, 2026 | 42.38% |
| Dec 31, 2025 | 39.39% |
| Sep 30, 2025 | 31.27% |
| Jun 30, 2025 | 30.36% |
| Mar 31, 2025 | 35.23% |
| Dec 31, 2024 | 26.78% |
| Sep 30, 2024 | 39.09% |
| Jun 30, 2024 | 28.46% |
| Mar 31, 2024 | 25.88% |
| Dec 31, 2023 | 32.79% |
| Sep 30, 2023 | 39.06% |
| Jun 30, 2023 | 42.63% |
| Mar 31, 2023 | 38.71% |
| Dec 31, 2022 | 26.40% |
| Sep 30, 2022 | 35.95% |
| Jun 30, 2022 | 45.54% |
| Mar 31, 2022 | 40.63% |
| Dec 31, 2021 | 11.54% |
| Sep 30, 2021 | 26.56% |
Noah Holdings EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=NOAH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "NOAH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=NOAH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();