AssetMark Financial Holdings (AMK) Profit Margin

Price: $35.24
Market Cap: $2.64B
Avg Volume: 478.06K
Country: US
Industry: Asset Management
Sector: Financial Services
Beta: 1.103
52W Range: $22.92-37.54
Website: AssetMark Financial Holdings
Profit Margin Summary (Annual)

According to AssetMark Financial Holdings's latest annual financial reports, the company has an operating profit margin of 27.31%. This metric indicates the percentage of revenue that remains after deducting operating expenses, excluding interest and taxes.

The company's gross profit margin stands at 44.98%, reflecting the percentage of revenue that exceeds the cost of goods sold (COGS).

The pretax profit margin is 23.64%, indicating the percentage of revenue that remains after deducting all expenses except taxes.

Lastly, the net profit margin is 17.38%, which shows the percentage of revenue that remains as profit after all expenses, including taxes, have been deducted.

The trailing twelve months (TTM) operating profit margin is 29.94%, providing a more up-to-date view of the company's financial health.

Operating Margin

27.31%

Gross Margin

44.98%

Pretax Margin

23.64%

Net Margin

17.38%

Historical Operating Profit Margin
27.31%27.31%21.85%21.85%16.39%16.39%10.93%10.93%5.46%5.46%0.00%0.00%Operating Margin20182018201920192020202020212021202220222023202320242024
Historical Gross Profit Margin
46.85%46.85%37.48%37.48%28.11%28.11%18.74%18.74%9.37%9.37%0.00%0.00%Gross Margin20182018201920192020202020212021202220222023202320242024
Historical Pretax Profit Margin
23.64%23.64%18.91%18.91%14.18%14.18%9.45%9.45%4.73%4.73%0.00%0.00%Pretax Margin20182018201920192020202020212021202220222023202320242024
Historical Net Profit Margin
33.49%33.49%26.43%26.43%19.37%19.37%12.31%12.31%5.25%5.25%-1.81%-1.81%Net Margin20182018201920192020202020212021202220222023202320242024
AssetMark Financial Holdings Historical Profit Margins
Operating Margin
Gross Margin
Pretax Margin
Net Margin
56.59%56.59%46.85%46.85%37.12%37.12%27.39%27.39%17.66%17.66%7.92%7.92%-1.81%-1.81%Margins20182018201920192020202020212021202220222023202320242024
AssetMark Financial Holdings Profit Margin History

The table below shows the margins for each year, with the latest data available for the last fiscal year 2023.

Year Operating Margin Gross Margin Pretax Margin Net Margin
2023 27.31% 44.98% 23.64% 17.38%
2022 23.17% 46.85% 22.12% 16.70%
2021 9.15% 34.19% 8.48% 4.84%
2020 1.35% 27.82% 0.05% -1.81%
2019 6.50% 31.57% 3.57% -0.10%
2018 15.53% 37.98% 15.00% 10.29%
2017 6.55% 30.70% 6.55% 33.49%

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