Earnings Summary

Assetmark Financial Holdings Inc’s revenue fell -3.63% since last year same period to $158.18Mn in the Q4 2023. On a quarterly growth basis, Assetmark Financial Holdings Inc has generated -16.97% fall in its revenue since last 3-months.

Assetmark Financial Holdings Inc’s net profit jumped 35.33% since last year same period to $34.64Mn in the Q4 2023. On a quarterly growth basis, Assetmark Financial Holdings Inc has generated -9.77% fall in its net profits since last 3-months.

Assetmark Financial Holdings Inc’s net profit margin jumped 40.42% since last year same period to 21.9% in the Q4 2023. On a quarterly growth basis, Assetmark Financial Holdings Inc has generated 8.68% jump in its net profit margins since last 3-months.

Assetmark Financial Holdings Inc’s price-to-earnings ratio after this Q4 2023 earnings stands at 21.85.

Assetmark Financial Holdings Inc’s earning per share (EPS) estimates for the current quarter stand at 0.61 - a 7.02% jump from last quarter’s estimates.

Assetmark Financial Holdings Inc’s earning per share (EPS) estimates for the current year stand at 0.61.

Assetmark Financial Holdings Inc’s earning per share (EPS) jumped 28.26% since last year same period to 0.59 in the Q4 2023. This indicates that the Assetmark Financial Holdings Inc has generated 28.26% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Assetmark Financial Holdings Inc’s return on assets (ROA) stands at 0.08.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Assetmark Financial Holdings Inc’s return on equity (ROE) stands at 0.1.