Noah Holdings (NOAH) Operating Leases (2019 - 2025)
Noah Holdings (NOAH) posted Operating Leases of $8.5 million for Q4 2025, down 19.29% on a QoQ basis from $10.5 million in Q4 2024, and down 19.29% year-over-year from $10.5 million in Q4 2024.
Noah Holdings (NOAH) has 7 years of Operating Leases data on file, last reported at $8.5 million in Q4 2025.
- In Q4 2025, Operating Leases fell 19.29% year-over-year to $8.5 million; the TTM figure through Dec 2025 stood at $8.5 million (down 19.29% YoY), while the FY2025 annual figure was $8.6 million, down 16.82% from the prior year.
- Operating Leases fell to $8.5 million in Q4 2025, from $10.5 million in the prior quarter.
- Across five years, Operating Leases topped out at $20.5 million in Q4 2021 and bottomed at $8.5 million in Q4 2025.
- A 5-year average of $12.4 million and a median of $10.6 million in 2023 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases sank 42.91% — and 2024, when it fell 0.82%.
- Year by year, Operating Leases stood at $20.5 million in 2021, then sank by 42.91% to $11.7 million in 2022, then decreased by 9.1% to $10.6 million in 2023, then retreated by 0.82% to $10.5 million in 2024, then dropped by 19.29% to $8.5 million in 2025.
- The last three Operating Leases figures came in at $8.5 million (Q4 2025), $10.5 million (Q4 2024), and $10.6 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - |
| 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 | - |
| 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 | - |
| 10 | Noah Holdings | 521.74 Mn | 449.47 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 8.51 Mn |
| Sep 30, 2025 | 8.38 Mn |
| Jun 30, 2025 | 9.72 Mn |
| Mar 31, 2025 | 8.83 Mn |
| Dec 31, 2024 | 10.54 Mn |
| Sep 30, 2024 | 11.07 Mn |
| Jun 30, 2024 | 7.57 Mn |
| Mar 31, 2024 | 9.74 Mn |
| Dec 31, 2023 | 10.63 Mn |
| Sep 30, 2023 | 10.61 Mn |
| Jun 30, 2023 | 10.93 Mn |
| Mar 31, 2023 | 13.71 Mn |
| Dec 31, 2022 | 11.69 Mn |
| Sep 30, 2022 | 14.21 Mn |
| Jun 30, 2022 | 14.33 Mn |
| Mar 31, 2022 | 19.05 Mn |
| Dec 31, 2021 | 20.48 Mn |
| Sep 30, 2021 | 24.19 Mn |
| Jun 30, 2021 | 26.20 Mn |
| Mar 31, 2021 | 27.52 Mn |
| Dec 31, 2020 | 29.33 Mn |
| Sep 30, 2020 | 42.58 Mn |
| Jun 30, 2020 | 49.01 Mn |
| Mar 31, 2020 | 48.59 Mn |
| Dec 31, 2019 | 51.47 Mn |
| Sep 30, 2019 | 51.88 Mn |
| Jun 30, 2019 | 55.48 Mn |
| Mar 31, 2019 | 46.44 Mn |