American Funds Short-Term Bond Fund of America;F1 (ASBFX) has a profit margin of 2.21%, below the sector sector average of 13.09%.
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+ FollowAs of Mar 2024
Trailing 12 months ending Mar 2024
American Funds Short-Term Bond Fund of America;F1 posts a profit margin of 2.21% as of March 2024. That compares with 1.75% in the prior-year period — up 26.4% year over year. That is below the sector sector average of 13.09%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
In the prior comparable period, American Funds Short-Term Bond Fund of America;F1's profit margin was 1.75%. The latest reading is 2.21% — a 26.4% year-over-year increase (period ending March 2024). Use the history and growth charts on this page for a longer lookback.
For its sector stocks, a profit margin near 13.09% is typical. American Funds Short-Term Bond Fund of America;F1's 2.21% is lower that level. That is roughly 83.1% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
American Funds Short-Term Bond Fund of America;F1'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 2.21% as of March 2024; use YoY and peer views to separate noise from signal.
Context for ASBFX's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 13.09%), and (3) consistency with growth and profitability. This page covers the first two; American Funds Short-Term Bond Fund of America;F1's other metric pages and overview cover the third.