Noah Holdings Ltd (NOAH) Operating margin 2016–2025
Noah Holdings Ltd (NOAH) operating margin by fiscal year — reported operating income divided by reported revenue.
29.8%FY2025 · since FY2016: 46.9% → 29.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 29.8% | +5.4 pp |
| FY2024 | 24.4% | -9.0 pp |
| FY2023 | 33.3% | -1.8 pp |
| FY2022 | 35.1% | +7.2 pp |
| FY2021 | 27.9% | -10.1 pp |
| FY2020 | 38.1% | +11.1 pp |
| FY2019 | 27.0% | -1.2 pp |
| FY2018 | 28.2% | -29.5 pp |
| FY2017 | 57.7% | +10.8 pp |
| FY2016 | 46.9% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice