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NOAH logoNoah Holdings Limited (NOAH) Earnings History

Annual and quarterly earnings data from 2007 to 2024

TTM Net Income
$656M
Profitable
TTM EPS
$46.63
Diluted
YoY EPS Growth
-53.5%
Declining
Net Margin
18.3%
Profitability
Operating Margin24.4%
Gross Margin48.1%
ROE4.7%
ROA3.9%
Highest Annual Net Income$1.31B (2021)
Highest Quarterly EPS$33.60 (Q1 2021)
Consecutive Profitable Years4 years
Q3 2025
Net Income$218M
EPS$15.55
QoQ Growth+22.4%Excellent

Loading earnings history...

NOAH EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-53.5%
Declining
3-Year
-29.7%
Declining
5-Year
-12.8%
Declining
10-Year
+1.7%
Solid

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

NOAH Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202448.1%24.4%18.3%
202355.8%33.3%30.6%
202253.5%35.1%31.5%
202149.5%27.9%30.6%
202078.8%38.1%-22.5%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Noah Holdings Limited (NOAH) Earnings Overview

As of May 7, 2026, Noah Holdings Limited (NOAH) reported trailing twelve-month net income of $656M, reflecting -53.5% year-over-year growth. The company earned $46.63 per diluted share over the past four quarters, with a net profit margin of 18.3%.

Looking at the long-term picture, NOAH's 5-year EPS compound annual growth rate (CAGR) stands at -12.8%, signaling declining earnings. The company achieved its highest annual net income of $1.31B in fiscal 2021.

Noah Holdings Limited maintains industry-leading profitability with a gross margin of 48.1%, operating margin of 24.4%, and net margin of 18.3%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including LU (-$3.38B net income, -7.3% margin), JFIN ($1.71B net income, 18.2% margin), CNF (-$51M net income, -73.1% margin), NOAH has outperformed on profitability metrics. Compare NOAH vs LU →

NOAH Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
NOAH logoNOAHCurrent
$656M$46.6318.3%4.7%-53.5%—
LU logoLU
-$3.4B$-11.80-7.3%-2.3%-254.5%
JFIN logoJFIN
$1.7B$33.3418.2%38.4%-18.0%
CNF logoCNF
-$51M$-150.19-73.1%-12.0%-12229.1%
BEN logoBEN
$812M$1.576.0%3.7%+7.1%
IVZ logoIVZ
-$243M$-0.54-4.4%-2.0%-235.6%
Best in group
Lowest in group

NOAH Historical Earnings Data (2007–2024)

18 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2024$475M-52.9%$634M$33.7518.3%24.4%
2023$1.01B+3.4%$1.10B$72.6530.6%33.3%
2022$977M-25.7%$1.09B$71.4031.5%35.1%
2021$1.31B+276.3%$1.20B$97.2530.6%27.9%
2020-$745M-189.9%$1.26B$-60.05-22.5%38.1%
2019$829M+2.2%$915M$67.0524.4%27.0%
2018$811M+6.3%$927M$66.6724.7%28.2%
2017$763M+18.5%$777M$63.0927.0%27.5%
2016$644M+20.2%$667M$53.6025.6%26.5%
2015$536M+20.0%$559M$45.7525.3%26.4%

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Compare NOAH vs BRK-A

Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..

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NOAH — Frequently Asked Questions

Quick answers to the most common questions about buying NOAH stock.

Is NOAH growing earnings?

NOAH EPS fell to $46.63, with earnings declining -53.5%. This contrasts with the 5-year CAGR of -12.8%. TTM net income dropped to $656M.

What are NOAH's profit margins?

Noah Holdings Limited net margin is +18.3%, with operating margin at +24.4%. Above-average margins indicate pricing power.

How consistent are NOAH's earnings?

NOAH earnings data spans 2007-2024. The declining earnings trend is -53.5% YoY. Historical data enables comparison across business cycles.

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NOAH Earnings Over Time (2013–2024)

Net income and EPS trends