WhiteHorse Finance (WHF) Net Margin (2021 - 2026)
WhiteHorse Finance's (WHF) quarterly Net Margin came in at 35.07% in Q1 2026, down 2541.0% year-on-year from 1.44% in Q1 2025, and down 672.82% on a QoQ basis from 4.54% in Q4 2025.
WhiteHorse Finance (WHF) Net Margin (2021 - 2026) Analysis & Trends
WhiteHorse Finance (WHF) has 6 years of Net Margin data on file, last reported at 35.07% in Q1 2026.
- On a quarterly basis, Net Margin fell 2541.0% year-over-year to 35.07% in Q1 2026; TTM through Mar 2026 was 23.51%, a 285.0% decrease from a year earlier, with the FY2025 full-year figure at 12.11%, up 626.0% from the prior year.
- Net Margin for Q1 2026 stood at 35.07%, down from 4.54% in the prior quarter.
- Over the last five years, Net Margin for WHF reached as high as 52.8% in Q4 2023 and fell as low as 59.04% in Q3 2024.
- Historically, Net Margin has averaged 9.93% across 5 years, with a median of 7.58% in 2023.
- Across the five-year window, Net Margin surged 8519 bps in 2023 and sank 6922 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 32.39% in 2022, then jumped by 263 bps to 52.8% in 2023, then slumped by 131 bps to 16.42% in 2024, then jumped by 72 bps to 4.54% in 2025, then sank by 673 bps to 35.07% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 35.07% in Q1 2026, 4.54% in Q4 2025, and 34.78% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 0.55% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 32.99% |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 34.77% |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -889.40% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 18.57% |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 18.73% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 37.97% |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 14.05% |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 26.07% |
| 10 | WhiteHorse Finance | 144.76 Mn | 132.98 Mn | - | -35.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -35.07% |
| Dec 31, 2025 | -4.54% |
| Sep 30, 2025 | -34.78% |
| Jun 30, 2025 | -20.66% |
| Mar 31, 2025 | -9.66% |
| Dec 31, 2024 | -16.42% |
| Sep 30, 2024 | -59.04% |
| Jun 30, 2024 | 4.10% |
| Mar 31, 2024 | -4.20% |
| Dec 31, 2023 | 52.80% |
| Sep 30, 2023 | -7.58% |
| Jun 30, 2023 | -13.49% |
| Mar 31, 2023 | 0.88% |
| Dec 31, 2022 | -32.39% |
| Sep 30, 2022 | -7.38% |
| Jun 30, 2022 | 12.90% |
| Mar 31, 2022 | 5.78% |
| Dec 31, 2021 | -5.19% |
| Sep 30, 2021 | 25.50% |