AssetMark Financial Holdings (FRA:0LA) Net Margin % : 19.95% (As of Mar. 2024)

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What is AssetMark Financial Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. AssetMark Financial Holdings's Net Income for the three months ended in Mar. 2024 was €34.9 Mil. AssetMark Financial Holdings's Revenue for the three months ended in Mar. 2024 was €175.0 Mil. Therefore, AssetMark Financial Holdings's net margin for the quarter that ended in Mar. 2024 was 19.95%.

The historical rank and industry rank for AssetMark Financial Holdings's Net Margin % or its related term are showing as below:

FRA:0LA' s Net Margin % Range Over the Past 10 Years
Min: -1.81 Med: 10.29 Max: 33.49
Current: 19.92

FRA:0LA's Net Margin % is ranked worse than
73.6% of 1663 companies
in the Asset Management industry
Industry Median: 86.37 vs FRA:0LA: 19.92

AssetMark Financial Holdings Net Margin % Historical Data

The historical data trend for AssetMark Financial Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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AssetMark Financial Holdings Net Margin % Chart

AssetMark Financial Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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-0.10

-1.81

4.84

16.88

17.38

AssetMark Financial Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial															10.11	17.94	20.15	21.90	19.95

Competitive Comparison of AssetMark Financial Holdings's Net Margin %

For the Asset Management subindustry, AssetMark Financial Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

AssetMark Financial Holdings's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AssetMark Financial Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where AssetMark Financial Holdings's Net Margin % falls into.

AssetMark Financial Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

AssetMark Financial Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	112.9	/	649.694
	=	17.38 %

AssetMark Financial Holdings's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	34.927	/	175.045
	=	19.95 %

AssetMark Financial Holdings (FRA:0LA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

AssetMark Financial Holdings Net Margin % Related Terms

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AssetMark Financial Holdings (FRA:0LA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AssetMark Financial Holdings Inc (FRA:0LA) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

AMK:USA

Address

1655 Grant Street, 10th Floor, Concord, CA, USA, 94520

Website

https://www.assetmark.com

AssetMark Financial Holdings Inc is a provider of extensive wealth management and technology solutions that power independent financial advisers and their clients. It provides an end-to-end experience, spanning nearly all elements of an adviser's engagement with the client, from initial conversations to ongoing financial planning discussions, including performance reporting and billing. In addition, the company's platform provides tools and capabilities for advisers to better manage their day-to-day business activities, giving them more time for meaningful conversations with investors.

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