AssetMark Financial Holdings Past Earnings Performance
Past criteria checks 4/6
AssetMark Financial Holdings has been growing earnings at an average annual rate of 53%, while the Capital Markets industry saw earnings growing at 10% annually. Revenues have been growing at an average rate of 14% per year. AssetMark Financial Holdings's return on equity is 9.7%, and it has net margins of 17.4%.
Key information
53.0%
Earnings growth rate
51.0%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 14.0% |
| Return on equity | 9.7% |
| Net Margin | 17.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
The Price Is Right For AssetMark Financial Holdings, Inc. (NYSE:AMK)
Jan 23
Should You Be Adding AssetMark Financial Holdings (NYSE:AMK) To Your Watchlist Today?
Dec 08AssetMark Is Primed For Investment In Growth And Efficiency (Upgrade)
Nov 10Here's Why We Think AssetMark Financial Holdings (NYSE:AMK) Is Well Worth Watching
Sep 08AssetMark Sees Asset Inflow Improvement But Leading Indicators Are Cloudy
Jul 28Here's Why AssetMark Financial Holdings (NYSE:AMK) Has Caught The Eye Of Investors
Jun 08Should You Be Adding AssetMark Financial Holdings (NYSE:AMK) To Your Watchlist Today?
Feb 28AssetMark Financial Holdings: Increasing Assets Under Management, A Stock To Buy
Feb 21AssetMark Financial's platform assets rise 5.2% in November vs. October
Dec 13AssetMark Financial platform assets dip 5.9% in September, net flows drop 62.3%
Oct 10AssetMark Financial platform assets rose over 5% in July, net flows slid
Aug 10AssetMark Non-GAAP EPS of $0.44 beats by $0.03, revenue of $151.2M beats by $43.74M
Aug 03AssetMark Financial platform assets dip to $82.1B in June
Jul 11AssetMark Financial Holdings, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 09Reflecting on AssetMark Financial Holdings' (NYSE:AMK) Share Price Returns Over The Last Year
Feb 27AssetMark reports 20% growth in December platform assets
Jan 11AssetMark Financial reported 18% Y/Y growth in platform assets
Dec 10AssetMark Financial Holdings downsized FY2020 outlook
Dec 08Revenue & Expenses BreakdownBeta
How AssetMark Financial Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 708 | 123 | 125 | 0 |
| 30 Sep 23 | 714 | 114 | 126 | 0 |
| 30 Jun 23 | 679 | 106 | 124 | 0 |
| 31 Mar 23 | 647 | 98 | 119 | 0 |
| 31 Dec 22 | 612 | 103 | 115 | 0 |
| 30 Sep 22 | 598 | 90 | 111 | 0 |
| 30 Jun 22 | 583 | 72 | 108 | 0 |
| 31 Mar 22 | 560 | 57 | 102 | 0 |
| 31 Dec 21 | 530 | 26 | 94 | 0 |
| 30 Sep 21 | 498 | 3 | 82 | 0 |
| 30 Jun 21 | 465 | 0 | 77 | 0 |
| 31 Mar 21 | 436 | -19 | 72 | 0 |
| 31 Dec 20 | 432 | -8 | 78 | 0 |
| 30 Sep 20 | 432 | -1 | 79 | 0 |
| 30 Jun 20 | 435 | -13 | 80 | 0 |
| 31 Mar 20 | 441 | 0 | 82 | 0 |
| 31 Dec 19 | 418 | 0 | 72 | 0 |
| 30 Sep 19 | 403 | 10 | 68 | 0 |
| 30 Jun 19 | 386 | 24 | 62 | 0 |
| 31 Mar 19 | 372 | 30 | 57 | 0 |
| 31 Dec 18 | 364 | 37 | 56 | 0 |
| 31 Dec 17 | 296 | 99 | 48 | 0 |
Quality Earnings: AMK has high quality earnings.
Growing Profit Margin: AMK's current net profit margins (17.4%) are higher than last year (16.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AMK's earnings have grown significantly by 53% per year over the past 5 years.
Accelerating Growth: AMK's earnings growth over the past year (19.2%) is below its 5-year average (53% per year).
Earnings vs Industry: AMK earnings growth over the past year (19.2%) exceeded the Capital Markets industry -2.3%.
Return on Equity
High ROE: AMK's Return on Equity (9.7%) is considered low.