HKHCOTCInvestment AdviceFiscal year ends December 31

Horizon Kinetics Holding Corp

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026

$20.00−0.40 (-1.96%)

Close on Oct 19, 2026

Margins

Share of revenue, fiscal years 2011 to 2025

–

15.2%+23.6 pts over 5 years

7.0%+12.4 pts over 5 years

Compound annual growth to fiscal 2025

Per year	1 year	3 years	5 years	10 years
Revenue	+30.5%	+190.2%	+20.3%	+9.6%
Operating income	–	–	–	+17.1%
Net income	-94.5%	–	–	+0.7%
EPS, diluted	-94.7%	–	–	-3.9%

10 fiscal years. Hover a measure to see how it is calculated.

Measure	FY2016	FY2020	FY2025
Return on equity	12.2%	-6.7%	1.5%
Return on assets	9.8%	-5.2%	0.3%
Current ratio	3.11	2.86	–
Debt to equity	0.12	0.25	–
Net debt to EBITDA	-0.04×	-5.49×	–
Interest coverage	25.8×	-11.3×	–
Inventory turnover	3.9×	2.9×	–
Capex to revenue	0.8%	0.1%	0.4%
Diluted shares	12M	13M	19M

Return on equity split into margin, efficiency and leverage

Net margin7.0%

Asset turnover0.04×

Equity multiplier5.93×

Return on equity, FY20251.5%

Fiscal year	Net margin	Asset turnover	Equity multiplier	Return on equity
FY2025	7.0%	0.04×	5.93×	1.5%
FY2024	165.7%	0.04×	5.72×	33.7%
FY2023	-9.5%	0.08×	2.61×	-2.1%
FY2022	-297.0%	0.19×	0.13×	-7.5%
FY2021	-37.3%	1.09×	1.60×	-65.2%
FY2020	-5.4%	0.97×	1.29×	-6.7%
FY2019	-2.3%	1.08×	1.10×	-2.8%
FY2018	6.0%	1.43×	1.14×	9.8%
FY2017	11.1%	1.79×	1.26×	24.9%
FY2016	5.3%	1.86×	1.25×	12.2%

Parsed from the XBRL in Horizon Kinetics's annual and quarterly filings with the SEC
Per-share figures adjusted for the 1-for-20 reverse split on Aug 5, 2024
Fourth quarters derived from the annual report minus nine months
Every figure in the statements links to its source filing

Trailing twelve months. Peers are matched on business description, industry and size. Ticks are peers, the dot is HKHC.

Revenue growth4.4% · median 0.8%

Operating margin6.0% · median 10.8%

Net margin64.9% · median 24.8%

Advertisement
300 × 250