JOINT profit margin JYNT
Gross, operating and net profit as a share of revenue over the last twelve months, from 2014.
- Net margin, 12 months
- 6.5%
- Operating margin, 12 months
- 2.4%
- Net margin on a year earlier
- +10.4 pts
- Peer median
- 10.5%
Over the twelve months to Jun 30, 2026, JOINT kept 6.5% of its revenue as net profit, with an operating margin of 2.4% and a gross margin of 81.8%.
Five years earlier its net margin was 24.5%.
The median for 7 asset managers of a similar size is 10.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 5.3% | −1.7% | 79.6% |
| FY2024 | −11.1% | −3.6% | 77.9% |
| FY2023 | −20.8% | 0.7% | 77.7% |
| FY2022 | 0.6% | 0.8% | 90.9% |
| FY2021 | 9.2% | 7.3% | 89.7% |
| FY2020 | 22.4% | 9.4% | 88.9% |
| FY2019 | 6.9% | 7.0% | 88.5% |
| FY2018 | 0.4% | 0.4% | 88.2% |
| FY2017 | −13.8% | −13.4% | 87.1% |
| FY2016 | −73.9% | −73.1% | 85.7% |
| FY2015 | −63.6% | −67.3% | 79.6% |
| FY2014 | −42.6% | −22.7% | 67.0% |
| FY2013 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 6.5% | +10.4 pts | 2.4% | |
| Q1 FY26 | 5.7% | +16.6 pts | 1.1% | |
| Q4 FY25 | 5.3% | +16.4 pts | −1.7% | |
| Q3 FY25 | 3.6% | +37.2 pts | −1.6% | |
| Q2 FY25 | −3.9% | +25.5 pts | −2.8% | |
| Q1 FY25 | −10.9% | +12.3 pts | −4.0% | |
| Q4 FY24 | −11.1% | +9.6 pts | −3.6% | |
| Q3 FY24 | −33.6% | −36.9 pts | −3.4% | |
| Q2 FY24 | −29.3% | −33.9 pts | −2.5% | |
| Q1 FY24 | −23.2% | −26.5 pts | 0.3% | |
| Q4 FY23 | −20.8% | −21.4 pts | 0.7% | |
| Q3 FY23 | 3.3% | +2.9 pts | 1.3% |
Against its peers
Companies in Asset Management nearest JOINT's size, closest first, today.
| Company | Profit margin |
|---|---|
| JYNTJOINT | 6.5% |
| SAMGSilvercrest Asset Management | 0.7% |
| HNNAHennessy Advisors | 24.8% |
| WHGWestwood | 7.7% |
| GROWU S Global Investors | 29.8% |
| VRTSVirtus Investment Partners | 14.5% |
| ABXAbacus Global Management | 10.5% |
| RPCRidgepost Capital | 8.7% |
| Peer median | 10.5% |
Where JOINT ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on JOINT
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.