Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity RatioGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on Sales

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

Noah Holdings filings provide 10 years of Operating Margin readings, the most recent being 35.15% for Q4 2025.

  • On a quarterly basis, Operating Margin rose 1405.0% to 35.15% in Q4 2025 year-over-year; TTM through Dec 2025 was 29.78%, a 532.0% increase, with the full-year FY2025 number at 29.75%, up 538.0% from a year prior.
  • Operating Margin hit 35.15% in Q4 2025 for Noah Holdings, up from 27.16% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 43.78% in Q2 2022 to a low of 10.5% in Q4 2021.
  • Median Operating Margin over the past 5 years was 31.72% (2023), compared with a mean of 30.18%.
  • Biggest five-year swings in Operating Margin: crashed -2469bps in 2021 and later surged 1441bps in 2022.
  • Noah Holdings' Operating Margin stood at 10.5% in 2021, then skyrocketed by 137bps to 24.91% in 2022, then increased by 11bps to 27.61% in 2023, then fell by -24bps to 21.1% in 2024, then soared by 67bps to 35.15% in 2025.
  • The last three reported values for Operating Margin were 35.15% (Q4 2025), 27.16% (Q3 2025), and 25.58% (Q2 2025) per Business Quant data.