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Azimut Holding SPA (MIL:AZM) Net Margin % : 27.70% (As of Dec. 2023)


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What is Azimut Holding SPA Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Azimut Holding SPA's Net Income for the three months ended in Dec. 2023 was €94 Mil. Azimut Holding SPA's Revenue for the three months ended in Dec. 2023 was €339 Mil. Therefore, Azimut Holding SPA's net margin for the quarter that ended in Dec. 2023 was 27.70%.

The historical rank and industry rank for Azimut Holding SPA's Net Margin % or its related term are showing as below:

MIL:AZM' s Net Margin % Range Over the Past 10 Years
Min: 17.4   Med: 33.73   Max: 46.18
Current: 33.55


MIL:AZM's Net Margin % is ranked worse than
68.25% of 1666 companies
in the Asset Management industry
Industry Median: 86.925 vs MIL:AZM: 33.55

Azimut Holding SPA Net Margin % Historical Data

The historical data trend for Azimut Holding SPA's Net 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.

* Premium members only.

Azimut Holding SPA Net Margin % Chart

Azimut Holding SPA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.01 41.31 46.18 34.57 32.88

Azimut Holding SPA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.69 37.03 36.31 27.70 33.37

Competitive Comparison of Azimut Holding SPA's Net Margin %

For the Asset Management subindustry, Azimut Holding SPA's Net Margin %, along with its competitors' market caps and Net 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.


Azimut Holding SPA's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Azimut Holding SPA's Net Margin % distribution charts can be found below:

* The bar in red indicates where Azimut Holding SPA's Net Margin % falls into.



Azimut Holding SPA Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Azimut Holding SPA's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=434.567/1321.681
=32.88 %

Azimut Holding SPA's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=93.997/339.369
=27.70 %

* 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.


Azimut Holding SPA  (MIL:AZM) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Azimut Holding SPA Net Margin % Related Terms

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Azimut Holding SPA (MIL:AZM) Business Description

Traded in Other Exchanges
Address
Via Cusani 4, Milan, ITA, 20121
Azimut Holding SPA is a large independent asset management firm operating primarily in Italy but with an increasingly global presence. In Italy, its capital management division sells and manages Italian mutual funds, Italian hedge funds, and is active in the discretionary management of individual investment portfolios. Its international business operations involve the sale, management, and distribution of financial and insurance products. Its portfolio solutions encompass a broad array of strategies that cut across various traditional and alternative asset classes. A majority of its revenue is derived from recurring fees from assets under management.

Azimut Holding SPA (MIL:AZM) Headlines

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