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Ameriprise Financial (WBO:AMPF) Net Margin % : 19.64% (As of Jun. 2024)


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What is Ameriprise Financial Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ameriprise Financial's Net Income for the three months ended in Jun. 2024 was €770 Mil. Ameriprise Financial's Revenue for the three months ended in Jun. 2024 was €3,920 Mil. Therefore, Ameriprise Financial's net margin for the quarter that ended in Jun. 2024 was 19.64%.

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

WBO:AMPF' s Net Margin % Range Over the Past 10 Years
Min: 11.13   Med: 14.02   Max: 25.54
Current: 16.16


WBO:AMPF's Net Margin % is ranked worse than
75.33% of 1654 companies
in the Asset Management industry
Industry Median: 87.845 vs WBO:AMPF: 16.16

Ameriprise Financial Net Margin % Historical Data

The historical data trend for Ameriprise Financial'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.

* Premium members only.

Ameriprise Financial Net Margin % Chart

Ameriprise Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.84 12.89 25.54 22.09 16.45

Ameriprise Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.22 9.44 23.88 19.64 11.62

Competitive Comparison of Ameriprise Financial's Net Margin %

For the Asset Management subindustry, Ameriprise Financial'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.


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

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

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



Ameriprise Financial 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.

Ameriprise Financial'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 )
=2343.852/14245.595
=16.45 %

Ameriprise Financial's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=770.141/3920.38
=19.64 %

* 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.


Ameriprise Financial  (WBO:AMPF) 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.


Ameriprise Financial Net Margin % Related Terms

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Ameriprise Financial Business Description

Traded in Other Exchanges
Address
1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474
Ameriprise Financial is a major player in the us market for asset and wealth management, with around $1.4 trillion in total assets under management and administration at the end of 2023. With about 10,000 advisors, Ameriprise has one of the largest branded advisor networks in the industry. About 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and the exit of the sale of its proprietary fixed annuities in 2020.

Ameriprise Financial Headlines

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