Latest profit margin for Avantax: 75.86% — see history and peer comparisons.
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+ FollowAs of Sep 2023
Trailing 12 months ending Sep 2023
Avantax (AVTA) currently reports a profit margin of 75.86% as of September 2023. That compares with 3.12% in the prior-year period — up 2333.1% year over year. That is above the Technology sector average of 37.17%. Use the charts on this page to explore Avantax's profit margin history and peer comparisons.
Avantax's profit margin increased from 3.12% to 75.86% — a 2333.1% year-over-year increase (period ending September 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Avantax's profit margin of 75.86% is higher than the Technology sector average of 37.17%. That is roughly 104.1% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' profit margin, but Avantax's current 75.86% should be judged against Technology norms (sector average: 37.17%) and against AVTA's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current profit margin of 75.86%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 37.17%. From there, open related valuation or income-statement pages for Avantax, and consider following AVTA for alerts when major investors trade the stock.