WhiteHorse Finance, Inc. (WHFCL) Operating Margin (2021 - 2026)

WhiteHorse Finance's (WHFCL) quarterly Operating Margin came in at 36.11% in Q1 2026, down 84.0% year-on-year from 225.7% in Q1 2025, and down 5.17% on a QoQ basis from 38.08% in Q4 2025.

WhiteHorse Finance, Inc. (WHFCL) Operating Margin (2021 - 2026) Analysis & Trends

WhiteHorse Finance (WHFCL) has 6 years of Operating Margin data on file, last reported at 36.11% in Q1 2026.

  • On a quarterly basis, Operating Margin fell 84.0% year-over-year to 36.11% in Q1 2026; TTM through Mar 2026 was 36.11%, a 229.0% decrease from a year earlier, with the FY2025 full-year figure at 35.93%, down 419.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 36.11%, down from 38.08% in the prior quarter.
  • Over the last five years, Operating Margin for WHFCL reached as high as 46.21% in Q3 2022 and fell as low as 33.91% in Q4 2024.
  • Historically, Operating Margin has averaged 39.73% across 5 years, with a median of 40.41% in 2022.
  • On a YoY basis, Operating Margin climbed as much as 417 bps in 2025 and fell as far as 664 bps in 2025.
  • Year by year, Operating Margin stood at 40.41% in 2022, then dropped by 4 bps to 38.74% in 2023, then fell by 12 bps to 33.91% in 2024, then advanced by 12 bps to 38.08% in 2025, then decreased by 5 bps to 36.11% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 36.11% in Q1 2026, 38.08% in Q4 2025, and 35.54% in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 36.11%
Dec 31, 2025 38.08%
Sep 30, 2025 35.54%
Jun 30, 2025 34.83%
Mar 31, 2025 36.96%
Dec 31, 2024 33.91%
Sep 30, 2024 41.35%
Jun 30, 2024 40.71%
Mar 31, 2024 43.60%
Dec 31, 2023 38.74%
Sep 30, 2023 41.80%
Jun 30, 2023 41.38%
Mar 31, 2023 41.87%
Dec 31, 2022 40.41%
Sep 30, 2022 46.21%
Jun 30, 2022 40.26%
Mar 31, 2022 43.74%
Dec 31, 2021 40.40%
Sep 30, 2021 42.94%