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

AssetMark Financial Holdings (FRA:0LA) Profitability Rank : 7 (As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is AssetMark Financial Holdings Profitability Rank?

AssetMark Financial Holdings has the Profitability Rank of 7.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

AssetMark Financial Holdings's Operating Margin % for the quarter that ended in Jun. 2024 was 23.70%. As of today, AssetMark Financial Holdings's Piotroski F-Score is 8.


Competitive Comparison of AssetMark Financial Holdings's Profitability Rank

For the Asset Management subindustry, AssetMark Financial Holdings's Profitability Rank, along with its competitors' market caps and Profitability Rank 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 Profitability Rank Distribution in the Asset Management Industry

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

* The bar in red indicates where AssetMark Financial Holdings's Profitability Rank falls into.



AssetMark Financial Holdings Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

AssetMark Financial Holdings has the Profitability Rank of 7.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

AssetMark Financial Holdings's Operating Margin % for the quarter that ended in Jun. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=43.711 / 184.398
=23.70 %

* 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.

2. Piotroski F-Score

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

AssetMark Financial Holdings has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

AssetMark Financial Holdings Inc operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


AssetMark Financial Holdings Profitability Rank Related Terms

Thank you for viewing the detailed overview of AssetMark Financial Holdings's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


AssetMark Financial Holdings Business Description

Traded in Other Exchanges
Address
1655 Grant Street, 10th Floor, Concord, CA, USA, 94520
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.

AssetMark Financial Holdings Headlines

No Headlines