Assetmark Financial Holdings Inc logo

AMK

Assetmark Financial Holdings Inc

$34.27

Earnings Summary

Revenue
$190.27Mn
Net Profits
$37.96Mn
Net Profit Margins
19.95%
PE Ratio
17.86

Highlights

Revenue:

Assetmark Financial Holdings Inc’s revenue jumped 7.76% since last year same period to $190.27Mn in the Q1 2024. On a quarterly growth basis, Assetmark Financial Holdings Inc has generated 20.28% jump in its revenue since last 3-months.

Net Profits:

Assetmark Financial Holdings Inc’s net profit jumped 120.44% since last year same period to $37.96Mn in the Q1 2024. On a quarterly growth basis, Assetmark Financial Holdings Inc has generated 9.61% jump in its net profits since last 3-months.

Net Profit Margins:

Assetmark Financial Holdings Inc’s net profit margin jumped 104.56% since last year same period to 19.95% in the Q1 2024. On a quarterly growth basis, Assetmark Financial Holdings Inc has generated -8.87% fall in its net profit margins since last 3-months.

PE Ratio:

Assetmark Financial Holdings Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 17.86.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Assetmark Financial Holdings Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.67
EPS Estimate Current Year
0.67

Highlights

EPS Estimate Current Quarter:

Assetmark Financial Holdings Inc’s earning per share (EPS) estimates for the current quarter stand at 0.67 - a 11.67% jump from last quarter’s estimates.

EPS Estimate Current Year:

Assetmark Financial Holdings Inc’s earning per share (EPS) estimates for the current year stand at 0.67.

Key Ratios

Key ratios of the Assetmark Financial Holdings Inc post its Q1 2024 earnings

Earning Per Share (EPS)
0.6
Return on Assets (ROA)
0.08
Return on Equity (ROE)
0.12

Highlights

Earning Per Share (EPS):

Assetmark Financial Holdings Inc’s earning per share (EPS) jumped 13.21% since last year same period to 0.6 in the Q1 2024. This indicates that the Assetmark Financial Holdings Inc has generated 13.21% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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.

Earning Per Share (EPS):

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 0.12.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-07
0.6
0.6
0%