Noah Holdings (NOAH) Leases (2011 - 2025)

Noah Holdings (NOAH) posted Leases of $14.5 million for Q4 2025, down 13.85% on a QoQ basis from $16.9 million in Q4 2024, and down 13.85% year-over-year from $16.9 million in Q4 2024.

Noah Holdings (NOAH) has 15 years of Leases data on file, last reported at $14.5 million in Q4 2025.

  • In Q4 2025, Leases fell 13.85% year-over-year to $14.5 million; the TTM figure through Dec 2025 stood at $14.5 million (down 13.85% YoY), while the FY2025 annual figure was $14.7 million, down 11.21% from the prior year.
  • Leases slipped to $14.5 million in Q4 2025, from $16.9 million in the prior quarter.
  • Across five years, Leases topped out at $35.0 million in Q4 2021 and bottomed at $14.5 million in Q4 2025.
  • A 5-year average of $21.9 million and a median of $19.3 million in 2023 frame the typical range for Leases.
  • Annual changes were most pronounced in 2022 — Leases tumbled 32.4% — and 2024, when it decreased 12.67%.
  • Year by year, Leases stood at $35.0 million in 2021, then plunged by 32.4% to $23.6 million in 2022, then declined by 18.35% to $19.3 million in 2023, then fell by 12.67% to $16.9 million in 2024, then retreated by 13.85% to $14.5 million in 2025.
  • The last three Leases figures came in at $14.5 million (Q4 2025), $16.9 million (Q4 2024), and $19.3 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 1.85 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 786.28 Mn
3 Kkr 84.94 Bn 132.45 Bn - 700.00 Mn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - -
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn -
6 State Street 44.42 Bn 18.75 Bn - 833.00 Mn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn -
8 Northern Trust 31.21 Bn 31.21 Bn - -
9 Ares Management 28.85 Bn 32.22 Bn - 564.57 Mn
10 Noah Holdings 521.74 Mn 449.47 Mn - 14.53 Mn

Historic Data

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DateValue
Dec 31, 2025 14.53 Mn
Sep 30, 2025 13.90 Mn
Jun 30, 2025 15.31 Mn
Mar 31, 2025 15.69 Mn
Dec 31, 2024 16.86 Mn
Sep 30, 2024 17.30 Mn
Jun 30, 2024 14.08 Mn
Mar 31, 2024 17.38 Mn
Dec 31, 2023 19.31 Mn
Sep 30, 2023 19.93 Mn
Jun 30, 2023 20.97 Mn
Mar 31, 2023 25.63 Mn
Dec 31, 2022 23.65 Mn
Sep 30, 2022 26.70 Mn
Jun 30, 2022 29.55 Mn
Mar 31, 2022 33.60 Mn
Dec 31, 2021 34.98 Mn
Sep 30, 2021 37.66 Mn
Jun 30, 2021 39.74 Mn
Mar 31, 2021 40.97 Mn
Dec 31, 2020 41.37 Mn
Sep 30, 2020 42.96 Mn
Jun 30, 2020 48.68 Mn
Mar 31, 2020 47.65 Mn
Dec 31, 2019 49.97 Mn
Sep 30, 2019 51.47 Mn
Jun 30, 2019 54.45 Mn
Mar 31, 2019 43.22 Mn
Dec 31, 2018 24.50 Mn
Dec 31, 2017 22.73 Mn
Dec 31, 2016 20.35 Mn
Dec 31, 2015 17.21 Mn
Dec 31, 2014 9.13 Mn
Dec 31, 2013 6.28 Mn
Dec 31, 2012 1.99 Mn
Dec 31, 2011 1.75 Mn