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Ameriprise FinancialFRA:A4S +1.02%91 Pretax Margin % is 29.19% as of Jun. 2026, which is 45% above its 10-year median of 20.09. GuruFocus rates FRA:A4S with a GF Score™ of 91/100 and a GF Value™ of €504.18 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,568 Asset Management companies, Ameriprise Financial ranks worse than 73.98% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Ameriprise Financial Pretax Margin % Related Terms
Ameriprise Financial Pretax Margin % Historical Data
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The historical data trend for Ameriprise Financial's Pretax 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.
FRA:A4S vs STT, RJF, ARES: Pretax Margin % Comparison
For the Asset Management subindustry, Ameriprise Financial's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ameriprise Financial's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Ameriprise Financial's Pretax 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.
Ameriprise Financial (FRA:A4S) has a Pretax Margin % of 29.19% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ameriprise Financial and its competitors. This is 45% above median its historical median of 20.09. Over the past decade, Ameriprise Financial's Pretax Margin % has ranged from 13.48 to 31.29. According to the industry distribution chart, Ameriprise Financial ranks #1160 out of 1568 companies in the Asset Management industry, placing it in the top 74%.
Is Ameriprise Financial's Pretax Margin % too high?
Ameriprise Financial's current Pretax Margin % of 29.19% is 45% above median its 10-year median of 20.09. Over the past 10 years, this metric has ranged from a low of 13.48 to a high of 31.29. The Asset Management industry median Pretax Margin % is 90.45. Ameriprise Financial's value of 29.19% is 67.7% below this industry median. Based on the distribution chart, Ameriprise Financial ranks #1160 out of 1568 companies in the Asset Management industry, which is below the industry midpoint. Overall, Ameriprise Financial has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ameriprise Financial's Pretax Margin % compare to STT and RJF?
According to the Asset Management industry distribution chart, Ameriprise Financial ranks #1160 out of 1568 companies for Pretax Margin %. This places Ameriprise Financial in the lower half of its industry. The industry median Pretax Margin % is 90.45. Ameriprise Financial's value of 29.19% is 67.7% below this benchmark. Historically, Ameriprise Financial's own Pretax Margin % has ranged from 13.48 to 31.29 over the past decade. While the company's 10-year median is 20.09 vs. the industry median of 90.45, Ameriprise Financial 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 Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 90.45, based on 1,568 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ameriprise Financial's current Pretax Margin % of 29.19% is 67.7% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ameriprise Financial and its competitors. For the Asset Management industry, the median Pretax Margin % is 90.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ameriprise Financial's current Pretax Margin % is 29.19%, which is 45% above median its own 10-year median of 20.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ameriprise Financial stock overvalued right now?
Based on GuruFocus' analysis, Ameriprise Financial (FRA:A4S) is currently considered Fairly Valued. The stock's GF Value™ is €504.18, compared to a current price of €493.80 — trading 2.1% below its estimated fair value. The current Pretax Margin % is 29.19%, which is 45% above median its 10-year median of 20.09 and 67.7% below the Asset Management industry median of 90.45. Ameriprise Financial's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Ameriprise Financial (FRA:A4S), the current Pretax Margin % is 29.19% as of Jun. 2026. 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 Ameriprise Financial (FRA:A4S) Overvalued in 2026?
Based on GuruFocus' analysis, Ameriprise Financial stock appears to be undervalued.
The current stock price of €493.80 is trading 2.1% below its estimated GF Value™ of €504.18.
GuruFocus considers Ameriprise Financial to be Fairly Valued.
Key valuation signals for FRA:A4S:
Pretax Margin %: 29.19% (45% above median its 10-year median of 20.09)
GF Value™: €504.18 vs. price of €493.80 (2.1% below fair value)
Industry Position: 67.7% below the Asset Management median (#1160 of 1568)
No single metric tells the full story. See the FRA:A4S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ameriprise Financial has evolved into a diversified financial services provider that generates roughly 65% of its operating profit from advice and wealth management. With nearly $1.2 trillion in segment assets under management and advisory at year-end 2025, and with roughly 10,600 affiliated and employee advisors, Ameriprise is one of the larger US-based wealth managers. It also boasts a reasonably large asset management franchise in Columbia Threadneedle, which boasted $678 billion in assets under management at year-end 2025. The firm's third segment is its retirement and protection services business, which sells insurance products to the firm's advisory clients. After eliminations, Ameriprise had $1.69 trillion in assets under management and advisory across segments at year-end 2025.
91GF Score
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