Assetmark Financial Holdings (AMK) has a profit margin of 19.43%, above the Finance sector average of 17.31%.
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+ FollowAs of Jun 2024
Trailing 12 months ending Jun 2024
Assetmark Financial Holdings's profit margin stands at 19.43% as of June 2024. That compares with 15.59% in the prior-year period — up 24.6% year over year. That is above the Finance sector average of 17.31%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Assetmark Financial Holdings reported 19.43% in profit margin versus 15.59% a year earlier — a 24.6% year-over-year increase. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.
Assetmark Financial Holdings sits higher the Finance benchmark (17.31%) with a profit margin of 19.43%. That is roughly 12.2% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A profit margin of 19.43% for Assetmark Financial Holdings means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how Assetmark Financial Holdings's profit margin evolved across reporting periods, while the comparison chart places AMK next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.