Assetmark Financial Holdings (AMK) has a profit margin of 19.43%, above the Finance sector average of 17.27%.
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+ FollowAs of Jun 2024
Trailing 12 months ending Jun 2024
Assetmark Financial Holdings posts a profit margin of 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 17.27%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
In the prior comparable period, Assetmark Financial Holdings's profit margin was 15.59%. The latest reading is 19.43% — a 24.6% year-over-year increase (period ending June 2024). Use the history and growth charts on this page for a longer lookback.
For Finance stocks, a profit margin near 17.27% is typical. Assetmark Financial Holdings's 19.43% is higher that level. That is roughly 12.5% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Assetmark Financial Holdings's profit margin moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 19.43% as of June 2024; use YoY and peer views to separate noise from signal.
Context for AMK's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 17.27%), and (3) consistency with growth and profitability. This page covers the first two; Assetmark Financial Holdings's other metric pages and overview cover the third.