The historical rank and industry rank for Ameriprise Financial's Pretax Margin % or its related term are showing as below:
AMP'
s Pretax Margin % Range Over the Past 10 Years
Min: 13.48 Med: 18.8 Max: 31.29
Current: 24.83
AMP's Pretax Margin % is ranked worse than 73.26% of 1668
companies
in the Asset Management industry
Industry Median: 89.59
vs AMP: 24.83
Ameriprise Financial Pretax Margin % Historical Data
The historical data trend for Ameriprise Financial's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Ameriprise Financial's Pretax Margin %
For the Asset Management subindustry, Ameriprise Financial's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ameriprise Financial's Pretax Margin % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Ameriprise Financial's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Ameriprise Financial's Pretax Margin % falls into.
Ameriprise Financial Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Ameriprise Financial's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Ameriprise Financial Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Ameriprise Financial's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ameriprise Financial (Ameriprise Financial) Business Description
Ameriprise Financial has emerged is a major player in the U.S. market for asset and wealth management, with around $1.3 trillion in total assets under management and advisement at the end of the second quarter of 2023. Ameriprise has one of the largest branded advisor networks in the industry, and about 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of its proprietary fixed annuities in 2020. Around 90% of the company's pretax earnings are from the United States.
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