WhiteHorse Finance (WHF) EBT Margin (2021 - 2026)

WhiteHorse Finance (WHF) reported EBT Margin of 35.86% for Q1 2026, down 2564.0% year-over-year from 1.46% in Q1 2025, and down 285.69% quarter-over-quarter from 19.31% in Q4 2025.

WhiteHorse Finance (WHF) EBT Margin (2021 - 2026) Analysis & Trends

WhiteHorse Finance (WHF) has 6 years of EBT Margin data on file, last reported at 35.86% in Q1 2026.

  • EBT Margin for Q1 2026 came in at 35.86%, down 2564.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.49% (up 134.0% YoY), and the FY2025 annual result was 12.11%, up 505.0% from the prior year.
  • EBT Margin slipped to 35.86% in Q1 2026 per WHF's latest filing, from 19.31% in the prior quarter.
  • Over five years, EBT Margin peaked at 19.31% in Q4 2025 and troughed at 60.33% in Q3 2024.
  • A 5-year average of 11.9% and a median of 7.38% in 2022 frame the typical range for EBT Margin.
  • The sharpest annual moves came in 2024 and 2025: EBT Margin plunged 5343 bps in 2024, then surged 2633 bps in 2025.
  • A 5-year view of EBT Margin shows it stood at 32.39% in 2022, then jumped by 63 bps to 12.12% in 2023, then jumped by 42 bps to 7.02% in 2024, then surged by 375 bps to 19.31% in 2025, then plunged by 286 bps to 35.86% in 2026.
  • Business Quant data shows WHF's EBT Margin at 35.86% in Q1 2026, 19.31% in Q4 2025, and 34.78% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 42.43%
2 Blackstone 96.85 Bn 95.80 Bn - 40.22%
3 Kkr 86.45 Bn 133.96 Bn - 10.72%
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 5.59%
5 State Street 46.95 Bn 21.27 Bn - 25.53%
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 23.41%
7 Northern Trust 31.92 Bn 31.92 Bn - 52.23%
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - 22.41%
10 WhiteHorse Finance 142.99 Mn 131.20 Mn - -35.86%

Historic Data

Download Data
DateValue
Mar 31, 2026 -35.86%
Dec 31, 2025 19.31%
Sep 30, 2025 -34.78%
Jun 30, 2025 -19.67%
Mar 31, 2025 -10.22%
Dec 31, 2024 -7.02%
Sep 30, 2024 -60.33%
Jun 30, 2024 4.10%
Mar 31, 2024 -4.20%
Dec 31, 2023 -12.12%
Sep 30, 2023 -6.90%
Jun 30, 2023 -12.51%
Mar 31, 2023 -0.07%
Dec 31, 2022 -32.39%
Sep 30, 2022 -7.38%
Jun 30, 2022 12.02%
Mar 31, 2022 5.78%
Dec 31, 2021 -15.39%
Sep 30, 2021 24.12%