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Ameriprise FinancialFRA:A4S +1.02%91 Return-on-Tangible-Asset is 2.33% as of Jun. 2026, which is 55% above its 10-year median of 1.50. 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 1,633 Asset Management companies, Ameriprise Financial ranks worse than 62.34% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Ameriprise Financial's annualizedNet Income for the quarter that ended in Jun. 2026 was €3,864 Mil. Ameriprise Financial's average total tangible assets for the quarter that ended in Jun. 2026 was €165,650 Mil. Therefore, Ameriprise Financial's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 2.33%.
The historical rank and industry rank for Ameriprise Financial's Return-on-Tangible-Asset or its related term are showing as below:
FRA:A4S'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.92 Med: 1.5 Max: 2.08
Current: 2.08
During the past 13 years, Ameriprise Financial's highest Return-on-Tangible-Asset was 2.08%. The lowest was 0.92%. And the median was 1.50%.
FRA:A4S's Return-on-Tangible-Asset is ranked worse than 62.34% of 1633
companies
in the Asset Management industry
Industry Median: 4.58
vs FRA:A4S: 2.08
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Ameriprise Financial Return-on-Tangible-Asset Related Terms
Ameriprise Financial Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ameriprise Financial's Return-on-Tangible-Asset 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: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Ameriprise Financial's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ameriprise Financial's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ameriprise Financial's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.33% mean?
Ameriprise Financial (FRA:A4S) has a Return-on-Tangible-Asset of 2.33% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ameriprise Financial and its competitors. This is 55% above median its historical median of 1.50. Over the past decade, Ameriprise Financial's Return-on-Tangible-Asset has ranged from 0.92 to 2.08. According to the industry distribution chart, Ameriprise Financial ranks #1018 out of 1633 companies in the Asset Management industry, placing it in the top 62.3%.
Is Ameriprise Financial's Return-on-Tangible-Asset too high?
Ameriprise Financial's current Return-on-Tangible-Asset of 2.33% is 55% above median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 2.08. The Asset Management industry median Return-on-Tangible-Asset is 4.58. Ameriprise Financial's value of 2.33% is 49.1% below this industry median. Based on the distribution chart, Ameriprise Financial ranks #1018 out of 1633 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 Return-on-Tangible-Asset compare to STT and RJF?
According to the Asset Management industry distribution chart, Ameriprise Financial ranks #1018 out of 1633 companies for Return-on-Tangible-Asset. This places Ameriprise Financial in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.58. Ameriprise Financial's value of 2.33% is 49.1% below this benchmark. Historically, Ameriprise Financial's own Return-on-Tangible-Asset has ranged from 0.92 to 2.08 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 4.58, 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 Return-on-Tangible-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.58, based on 1,633 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ameriprise Financial's current Return-on-Tangible-Asset of 2.33% is 49.1% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ameriprise Financial and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ameriprise Financial's current Return-on-Tangible-Asset is 2.33%, which is 55% above median its own 10-year median of 1.50. 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 Return-on-Tangible-Asset is 2.33%, which is 55% above median its 10-year median of 1.50 and 49.1% below the Asset Management industry median of 4.58. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Ameriprise Financial (FRA:A4S), the current Return-on-Tangible-Asset is 2.33% 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:
Return-on-Tangible-Asset: 2.33% (55% above median its 10-year median of 1.50)
GF Value™: €504.18 vs. price of €493.80 (2.1% below fair value)
Industry Position: 49.1% below the Asset Management median (#1018 of 1633)
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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