Growth Metrics

Noah Holdings (NOAH) Net Margin (2016 - 2025)

Noah Holdings filings provide 10 years of Net Margin readings, the most recent being 46.89% for Q4 2025.

  • On a quarterly basis, Net Margin fell 677.0% to 46.89% in Q4 2025 year-over-year; TTM through Dec 2025 was 44.06%, a 55.0% increase, with the full-year FY2025 number at 21.11%, up 253.0% from a year prior.
  • Net Margin hit 46.89% in Q4 2025 for Noah Holdings, up from 42.3% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 59.07% in Q2 2022 to a low of 14.57% in Q4 2021.
  • Median Net Margin over the past 5 years was 45.94% (2022), compared with a mean of 43.27%.
  • The widest YoY moves for Net Margin: up 17544bps in 2021, down -1545bps in 2021.
  • Noah Holdings' Net Margin stood at 14.57% in 2021, then skyrocketed by 94bps to 28.26% in 2022, then rose by 1bps to 28.6% in 2023, then soared by 88bps to 53.66% in 2024, then dropped by -13bps to 46.89% in 2025.
  • The last three reported values for Net Margin were 46.89% (Q4 2025), 42.3% (Q3 2025), and 40.7% (Q2 2025) per Business Quant data.