KPIs & Operating Metrics(New)

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

WhiteHorse Finance has reported Net Margin over the past 5 years, most recently at 23.13% for Q4 2025.

  • Quarterly Net Margin rose 3549.0% to 23.13% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 11.2% through Dec 2025, up 685.0% year-over-year, with the annual reading at 11.2% for FY2025, 717.0% up from the prior year.
  • Net Margin was 23.13% for Q4 2025 at WhiteHorse Finance, up from 35.83% in the prior quarter.
  • Over five years, Net Margin peaked at 25.5% in Q3 2021 and troughed at 59.04% in Q3 2024.
  • The 5-year median for Net Margin is 9.25% (2025), against an average of 8.85%.
  • Year-over-year, Net Margin plummeted -5214bps in 2024 and then skyrocketed 3549bps in 2025.
  • A 5-year view of Net Margin shows it stood at 15.39% in 2021, then tumbled by -70bps to 26.15% in 2022, then surged by 44bps to 14.75% in 2023, then rose by 16bps to 12.36% in 2024, then skyrocketed by 287bps to 23.13% in 2025.
  • Per Business Quant, the three most recent readings for WHF's Net Margin are 23.13% (Q4 2025), 35.83% (Q3 2025), and 20.66% (Q2 2025).