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Argo Investments (ASX:ARG) Net Margin % : 94.68% (As of Dec. 2023)


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What is Argo Investments Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Argo Investments's Net Income for the six months ended in Dec. 2023 was A$125.3 Mil. Argo Investments's Revenue for the six months ended in Dec. 2023 was A$132.3 Mil. Therefore, Argo Investments's net margin for the quarter that ended in Dec. 2023 was 94.68%.

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

ASX:ARG' s Net Margin % Range Over the Past 10 Years
Min: 89.83   Med: 91.73   Max: 94.3
Current: 92.77


ASX:ARG's Net Margin % is ranked better than
57.25% of 1668 companies
in the Asset Management industry
Industry Median: 85.935 vs ASX:ARG: 92.77

Argo Investments Net Margin % Historical Data

The historical data trend for Argo Investments'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.

Argo Investments Net Margin % Chart

Argo Investments Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.54 89.83 93.76 94.30 91.85

Argo Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 93.91 94.57 92.63 91.07 94.68

Competitive Comparison of Argo Investments's Net Margin %

For the Asset Management subindustry, Argo Investments'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.


Argo Investments's Net Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Argo Investments's Net Margin % falls into.



Argo Investments 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.

Argo Investments's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=271.707/295.825
=91.85 %

Argo Investments's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=125.273/132.317
=94.68 %

* 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.


Argo Investments  (ASX:ARG) 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.


Argo Investments Net Margin % Related Terms

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Argo Investments (ASX:ARG) Business Description

Traded in Other Exchanges
N/A
Address
91 King William Street, Level 25, Adelaide, SA, AUS, 5000
Argo Investments Ltd is an investment company based in Australia. Its core operations focus on portfolio management with the objective of seeking long-term returns. Its revenues are generated from the receipt of dividends, interest and other income which are a result of its investing operations. It also derives income from interest earned on cash deposits, income from writing exchange-traded options and a small amount of share trading activity. Argo's investment portfolio comprises various sectors, such as healthcare, utilities, consumer discretionary, industrials, energy, banks, materials, telecommunication services and information technology and property trusts.

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