AssetMark Financial Holdings (FRA:0LA) Tax Rate % : 23.66% (As of Mar. 2024)

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What is AssetMark Financial Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. AssetMark Financial Holdings's Tax Expense for the three months ended in Mar. 2024 was €10.8 Mil. AssetMark Financial Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was €45.8 Mil. Therefore, AssetMark Financial Holdings's Tax Rate % for the quarter that ended in Mar. 2024 was 23.66%.

AssetMark Financial Holdings Tax Rate % Historical Data

The historical data trend for AssetMark Financial Holdings's Tax Rate % 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.

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AssetMark Financial Holdings Tax Rate % Chart

AssetMark Financial Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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102.82

3,479.47

42.94

24.49

26.48

AssetMark Financial Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															28.06	26.16	27.80	24.44	23.66

AssetMark Financial Holdings Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

AssetMark Financial Holdings's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	40.666	/	153.566
	=	26.48 %

AssetMark Financial Holdings's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	10.823	/	45.75
	=	23.66 %

AssetMark Financial Holdings Tax Rate % Related Terms

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AssetMark Financial Holdings (FRA:0LA) Business Description

Industry

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

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Traded in Other Exchanges

AMK:USA

Address

1655 Grant Street, 10th Floor, Concord, CA, USA, 94520

Website

https://www.assetmark.com

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.

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