Noah Holdings vs Sprott
Noah Holdings is the larger business, with $373m of revenue in fiscal 2025 against $285m for Sprott (1.3 times as much). Sprott grew faster (59.6% against 4.8%). Sprott kept more of each dollar of sales as profit: a net margin of 23.6% against 21.4%. Noah Holdings carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | Noah HoldingsNOAH, 2025 | SprottSII, 2025 |
|---|---|---|
| Revenue | $373m | $285m |
| Revenue growth | 4.8% | 59.6% |
| Net income | $79.9m | $67.3m |
| Operating margin | 29.8% | — |
| Net margin | 21.4% | 23.6% |
| Return on equity | 5.8% | 19.5% |
| Free cash flow | $120m | $95.8m |
| Cash | $624m | $123m |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | 16.9% | 1.3% |
| Share buybacks | $7.5m | $1.6m |
| Employees | — | — |
| Market value | $450m | $2.71bn |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 8 sales | 0 buys, 0 sales |