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Ameriprise FinancialFRA:A4S +1.02%91 ROE % is 70.91% as of Jun. 2026, which is 51% above its 10-year median of 47.06. 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 1,611 Asset Management companies, Ameriprise Financial ranks better than 97.58% on this metric.
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
* 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.
For the Asset Management subindustry, Ameriprise Financial's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ameriprise Financial's ROE % distribution charts can be found below:
* The bar in red indicates where Ameriprise Financial's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
Ameriprise Financial (FRA:A4S) has a ROE % of 70.91% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Ameriprise Financial and its competitors. This is 51% above median its historical median of 47.06. Over the past decade, Ameriprise Financial's ROE % has ranged from 19.48 to 68.31. According to the industry distribution chart, Ameriprise Financial ranks #39 out of 1611 companies in the Asset Management industry, placing it in the top 2.4%.
Is Ameriprise Financial's ROE % too high?
Ameriprise Financial's current ROE % of 70.91% is 51% above median its 10-year median of 47.06. Over the past 10 years, this metric has ranged from a low of 19.48 to a high of 68.31. The Asset Management industry median ROE % is 6.95. Ameriprise Financial's value of 70.91% is 920.3% above this industry median. Based on the distribution chart, Ameriprise Financial ranks #39 out of 1611 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. 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 ROE % compare to STT and RJF?
According to the Asset Management industry distribution chart, Ameriprise Financial ranks #39 out of 1611 companies for ROE %. This places Ameriprise Financial in the top 2% of its industry — outperforming the majority of peers. The industry median ROE % is 6.95. Ameriprise Financial's value of 70.91% is 920.3% above this benchmark. Historically, Ameriprise Financial's own ROE % has ranged from 19.48 to 68.31 over the past decade. While the company's 10-year median is 47.06 vs. the industry median of 6.95, Ameriprise Financial has consistently been above 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 ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.95, based on 1,611 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ameriprise Financial's current ROE % of 70.91% is 920.3% above 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Ameriprise Financial and its competitors. For the Asset Management industry, the median ROE % is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ameriprise Financial's current ROE % is 70.91%, which is 51% above median its own 10-year median of 47.06. 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 ROE % is 70.91%, which is 51% above median its 10-year median of 47.06 and 920.3% above the Asset Management industry median of 6.95. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Ameriprise Financial (FRA:A4S), the current ROE % is 70.91% 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:
ROE %: 70.91% (51% above median its 10-year median of 47.06)
GF Value™: €504.18 vs. price of €493.80 (2.1% below fair value)
Industry Position: 920.3% above the Asset Management median (#39 of 1611)
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.
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