Rathbones GroupLSE:RAT 75 Net Margin % is 14.32% as of Dec. 2025, which is 25% above its 10-year median of 11.46. GuruFocus rates LSE:RAT with a GF Score™ of 75/100 and a GF Value™ of £19.18 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,580 Asset Management companies, Rathbones Group ranks worse than 75.95% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Rathbones Group's Net Income for the
six
months ended in Dec. 2025 was £67.9 Mil. Rathbones Group's Revenue for the
six
months ended in Dec. 2025 was £474.2 Mil. Therefore, Rathbones Group's net margin for the quarter that ended in Dec. 2025 was 14.32%.
The historical rank and industry rank for Rathbones Group's Net Margin % or its related term are showing as below:
LSE:RAT'
s Net Margin % Range Over the Past 10 Years
Min: 6.57 Med: 11.46 Max: 17.29
Current: 12.16
LSE:RAT's Net Margin % is ranked worse than 75.95% of 1580
companies
in the Asset Management industry
Industry Median: 84.895
vs LSE:RAT: 12.16
Rathbones Group (LSE:RAT) 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.
Rathbones Group Net Margin % Related Terms
Rathbones Group Net Margin % Historical Data
* Premium members only.
The historical data trend for Rathbones Group'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.
For the Asset Management subindustry, Rathbones Group'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.
Rathbones Group Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Rathbones Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Rathbones Group's Net Margin % falls into.
* 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.
Rathbones Group (LSE:RAT) has a Net Margin % of 14.32% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Rathbones Group and its competitors. This is 25% above median its historical median of 11.46. Over the past decade, Rathbones Group's Net Margin % has ranged from 6.57 to 17.29. According to the industry distribution chart, Rathbones Group ranks #1200 out of 1580 companies in the Asset Management industry, placing it in the top 75.9%.
Is Rathbones Group's Net Margin % too high?
Rathbones Group's current Net Margin % of 14.32% is 25% above median its 10-year median of 11.46. Over the past 10 years, this metric has ranged from a low of 6.57 to a high of 17.29. The Asset Management industry median Net Margin % is 84.90. Rathbones Group's value of 14.32% is 83.1% below this industry median. Based on the distribution chart, Rathbones Group ranks #1200 out of 1580 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Rathbones Group has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rathbones Group's Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Rathbones Group ranks #1200 out of 1580 companies for Net Margin %. This places Rathbones Group in the lower half of its industry. The industry median Net Margin % is 84.90. Rathbones Group's value of 14.32% is 83.1% below this benchmark. Historically, Rathbones Group's own Net Margin % has ranged from 6.57 to 17.29 over the past decade. While the company's 10-year median is 11.46 vs. the industry median of 84.90, Rathbones Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 84.90, based on 1,580 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rathbones Group's current Net Margin % of 14.32% is 83.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Rathbones Group and its competitors. For the Asset Management industry, the median Net Margin % is 84.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rathbones Group's current Net Margin % is 14.32%, which is 25% above median its own 10-year median of 11.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rathbones Group stock overvalued right now?
Based on GuruFocus' analysis, Rathbones Group (LSE:RAT) is currently considered Modestly Undervalued. The stock's GF Value™ is £19.18, compared to a current price of £16.20 — trading 15.5% below its estimated fair value. The current Net Margin % is 14.32%, which is 25% above median its 10-year median of 11.46 and 83.1% below the Asset Management industry median of 84.90. Rathbones Group's overall GF Score™ is 75/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Rathbones Group (LSE:RAT), the current Net Margin % is 14.32% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Rathbones Group (LSE:RAT) Overvalued in 2026?
Based on GuruFocus' analysis, Rathbones Group stock appears to be undervalued.
The current stock price of £16.20 is trading 15.5% below its estimated GF Value™ of £19.18.
GuruFocus considers Rathbones Group to be Modestly Undervalued.
Key valuation signals for LSE:RAT:
Net Margin %: 14.32% (25% above median its 10-year median of 11.46)
GF Value™: £19.18 vs. price of £16.20 (15.5% below fair value)
Industry Position: 83.1% below the Asset Management median (#1200 of 1580)
No single metric tells the full story. See the LSE:RAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rathbones Group PLC provides investment and wealth management services to private clients, charities, trustees, and professional partners. The group also provides other banking, financial advisory, tax, legal, and trust services. Alongside investment management services, the company provides unit trust and multi-asset fund products sold through intermediaries to the retail sector.
75GF Score
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