What is A-Mark Precious Metals, Inc.'s earnings per share (EPS)?

A-Mark Precious Metals, Inc. (AMRK) reported diluted earnings per share of $0.71 for fiscal year 2025. This represents a -75.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

A-Mark Precious Metals, Inc. (AMRK) Financials

AMRK

Trailing 12 months to March 31, 2026

Revenue $23.0B +109.4% YoY

Net Income $80.5M +112.2% YoY

EPS (Diluted) $0.71 FY2025 annual

Free Cash Flow $206.9M +30.4% YoY

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2026, ended Mar 31, 2026 Reported May 11, 2026 Currency USD FYE June

Newest figures come from the 10-Q for Q3 FY2026, filed May 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AMRK SEC filings page.

A-Mark Precious Metals, Inc. (AMRK) reported $23.0B in revenue over the twelve months to Mar 31, 2026, up 109.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI AMRK FY2025 2026-10-03

A-Mark operates as a high-volume, thin-spread metals intermediary, where balance-sheet funding and working-capital movement matter more than reported profit.

In FY2025, cash conversion diverged from earnings: net income was $17.3M, while operating cash flow reached $152.3M. Inventory also climbed to $794.8M as total liabilities reached $1.5B, suggesting the cash result reflected financing and turnover movements—not simply profitability—making earnings a poor standalone gauge of that year's cash economics.

The model's economics are volume-led rather than margin-led: revenue reached $11.0B in FY2025, while gross margin was only 1.9%, down from 3.2% in FY2022. A thin spread leaves bottom-line results highly sensitive to cost changes, reflected in a FY2025 net margin of 0.2%.

Liquidity is not the same as low leverage: the current ratio was 1.6x in FY2025, while debt-to-equity was 2.3x, up from 1.6x in FY2023. Capital spending was just $10.7M, yet investing cash flow was -$104.7M, indicating cash use extended beyond routine property investment.

Financial Health Signals

Financial Health Score 45/100

Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of A-Mark Precious Metals, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Earnings

A-Mark Precious Metals, Inc. earned a return on assets of 0.8% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is down from 3.8% the prior year. Earnings ranks banks on that return over three years, and A-Mark Precious Metals, Inc. scores 96/100 among other banks.

Growth

A-Mark Precious Metals, Inc. reported revenue of $11.0B in fiscal year 2025, against $9.7B in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and A-Mark Precious Metals, Inc. scores 54/100 among other banks.

Capital

A-Mark Precious Metals, Inc. funded 29.3% of its assets with shareholders' equity at the end of fiscal year 2025, holding $649.5M of equity against $2.2B of assets. Capital ranks banks on that cushion, and A-Mark Precious Metals, Inc. scores 89/100 among other banks.

Efficiency

Not available for A-Mark Precious Metals, Inc., and counted as zero in the overall score.

Credit Quality

Not available for A-Mark Precious Metals, Inc., and counted as zero in the overall score.

Stability

A-Mark Precious Metals, Inc. reported net income of $17.3M in fiscal year 2025, against $68.5M in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and A-Mark Precious Metals, Inc. scores 29/100 among other banks.

Piotroski F-Score Partial

4/8

A-Mark Precious Metals, Inc. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

8.80x

For every $1 of reported earnings, A-Mark Precious Metals, Inc. generates $8.80 in operating cash flow ($152.3M OCF vs $17.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$10.4B

YoY+244.0%

QoQ+59.8%

5Y CAGR+38.2%

A-Mark Precious Metals, Inc. generated $10.4B in revenue in Q3 2026. This represents an increase of 244.0% from the same quarter a year earlier. Against the prior quarter it is up 59.8%.

Net Income

$59.5M

YoY+796.1%

QoQ+411.2%

5Y CAGR-4.9%

A-Mark Precious Metals, Inc. reported $59.5M in net income in Q3 2026. This represents an increase of 796.1% from the same quarter a year earlier. Against the prior quarter it is up 411.2%.

EPS (Diluted)

$2.09

YoY+680.6%

QoQ+354.3%

A-Mark Precious Metals, Inc. earned $2.09 per diluted share (EPS) in Q3 2026. This represents an increase of 680.6% from the same quarter a year earlier. Against the prior quarter it is up 354.3%.

EBITDA

Not reported for Q3 2026.

Cash & Balance Sheet

Free Cash Flow

-$3.0M

YoY-103.0%

QoQ+93.6%

A-Mark Precious Metals, Inc. recorded an outflow of $3.0M in free cash flow in Q3 2026, representing a cash shortfall after capex. This represents a decrease of 103.0% from the same quarter a year earlier. Against the prior quarter it is up 93.6%.

Cash & Debt

$143.6M

YoY+25.6%

QoQ-5.6%

5Y CAGR+29.9%

10Y CAGR+27.2%

A-Mark Precious Metals, Inc. held $143.6M in cash as of Q3 2026; long-term debt is not reported for that period.

Shares Outstanding

28M

YoY+15.6%

QoQ+12.6%

5Y CAGR+20.7%

10Y CAGR+15.1%

A-Mark Precious Metals, Inc. had 28M shares outstanding in Q3 2026. This represents an increase of 15.6% from the same quarter a year earlier. Against the prior quarter it is up 12.6%.

Dividends Per Share

Not reported for Q3 2026.

Margins & Returns

Gross Margin

1.7%

YoY+0.4pp

QoQ+0.3pp

5Y change-1.6pp

A-Mark Precious Metals, Inc.'s gross margin was 1.7% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is up 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.3 percentage points.

Net Margin

0.6%

YoY+0.9pp

QoQ+0.4pp

5Y change-3.2pp

A-Mark Precious Metals, Inc.'s net profit margin was 0.6% in Q3 2026, showing the share of revenue converted to profit. This is up 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.4 percentage points.

Return on Equity

7.0%

YoY+8.3pp

QoQ+5.2pp

5Y change-17.8pp

A-Mark Precious Metals, Inc.'s ROE was 7.0% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is up 8.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.2 percentage points.

Operating Margin

Not reported for Q3 2026.

Capital Allocation

Capital Expenditures

$3.2M

YoY+30.9%

QoQ-19.1%

5Y CAGR+50.9%

10Y CAGR+19.7%

A-Mark Precious Metals, Inc. invested $3.2M in capex in Q3 2026, funding long-term assets and infrastructure. This represents an increase of 30.9% from the same quarter a year earlier. Against the prior quarter it is down 19.1%.

R&D Spending

Not reported for Q3 2026.

Share Buybacks

Not reported for Q3 2026.

AMRK Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AMRK quarterly income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12
Revenue	$23.0B	$11.0B+13.2%	$9.7B+4.4%	$9.3B+13.8%	$8.2B+7.2%	$7.6B+39.4%	$5.5B+14.2%	$4.8B	N/A	N/A	N/A	N/A	N/A	N/A	$7.8B
Cost of Revenue	$22.6B	$10.8B+13.0%	$9.5B+5.9%	$9.0B+13.9%	$7.9B+6.7%	$7.4B+37.2%	$5.4B+13.5%	$4.8B	N/A	N/A	N/A	N/A	N/A	N/A	$7.8B
Gross Profit	$424.5M	$210.9M+21.7%	$173.3M-41.2%	$294.7M+12.6%	$261.8M+24.5%	$210.2M+213.9%	$67.0M+109.6%	$32.0M+8.5%	$29.4M-6.0%	$31.3M-9.2%	$34.5M+40.9%	$24.5M-10.7%	$27.4M-9.6%	$30.3M+14.8%	$26.4M
SG&A Expenses	$251.1M	$139.2M+55.0%	$89.8M+5.3%	$85.3M+11.3%	$76.6M+59.6%	$48.0M+30.6%	$36.8M+13.1%	$32.5M-2.7%	$33.4M+43.1%	$23.3M+5.0%	$22.2M+29.8%	$17.1M+10.0%	$15.6M+10.3%	$14.1M-9.3%	$15.6M
Interest Expense	$60.8M	$46.2M+16.9%	$39.5M+25.4%	$31.5M+43.4%	$22.0M+10.7%	$19.9M+5.3%	$18.9M+10.0%	$17.1M+23.4%	$13.9M+37.3%	$10.1M+60.1%	$6.3M+46.6%	$4.3M+9.8%	$3.9M+12.7%	$3.5M-18.0%	$4.2M
Income Tax	$23.5M	$5.4M-60.5%	$13.7M-70.4%	$46.4M+39.2%	$33.3M+4.6%	$31.9M+399.1%	$6.4M+529.3%	$1.0M+12587.5%	$8K-99.8%	$3.7M-40.9%	$6.3M+200.1%	$2.1M-60.2%	$5.3M-34.5%	$8.1M-3.5%	$8.3M
Net Income	$80.5M	$17.3M-74.7%	$68.5M-56.2%	$156.4M+18.0%	$132.5M-17.0%	$159.6M+423.2%	$30.5M+1271.2%	$2.2M	N/A	N/A	N/A	N/A	$8.3M-34.0%	$12.5M+18.4%	$10.6M
EPS (Basic)	N/A	$0.73-75.4%	$2.97-55.5%	$6.68+15.0%	$5.81-39.3%	$9.57+120.5%	$4.34+1256.2%	$0.32+166.7%	-$0.48-147.5%	$1.01-24.1%	$1.33+31.7%	$1.01-8.2%	$1.10-31.7%	$1.61+24.8%	$1.29
EPS (Diluted)	—	$0.71-75.0%	$2.84-55.2%	$6.34+16.3%	$5.45-38.8%	$8.90	$4.31+1290.3%	$0.31+164.6%	-$0.48-148.0%	$1.00-23.1%	$1.30+30.0%	$1.00-8.3%	$1.09-31.4%	$1.59+23.3%	$1.29
Diluted Shares (Avg)	N/A	24M+1.3%	24M-2.1%	25M+1.3%	24M+35.6%	18M	7M-0.1%	7M+0.8%	7M-1.3%	7M0.0%	7M+0.8%	7M-7.0%	8M-3.4%	8M-4.4%	8M

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'24
Revenue	$10.4B+244.0%	$6.5B+136.2%	$3.7B+35.6%	$2.5B-0.5%	$3.0B+15.3%	$2.7B+31.9%	$2.7B+9.3%	$2.5B-19.1%
Cost of Revenue	$10.2B+242.8%	$6.4B+136.6%	$3.6B+35.0%	$2.4B-2.1%	$3.0B+15.2%	$2.7B+32.7%	$2.7B+9.7%	$2.5B-18.4%
Gross Profit	$176.6M+330.5%	$93.4M+108.6%	$72.9M+67.8%	$81.7M+90.1%	$41.0M+17.7%	$44.8M-2.8%	$43.4M-12.1%	$43.0M-45.3%
SG&A Expenses	$78.0M+133.6%	$59.8M+132.1%	$59.8M+124.8%	$53.4M+135.3%	$33.4M+46.2%	$25.8M+15.0%	$26.6M+21.8%	$22.7M-0.6%
Interest Expense	$19.0M+46.9%	$16.3M+56.8%	$12.6M+26.2%	$12.9M+33.9%	$13.0M+30.7%	$10.4M+1.9%	$10.0M+1.7%	$9.6M+7.9%
Income Tax	$17.7M+1539.2%	$2.2M+10.1%	$660K-62.4%	$2.9M-5.9%	-$1.2M-195.7%	$2.0M-54.3%	$1.8M-64.6%	$3.0M-78.7%
Net Income	$59.5M+796.1%	$11.6M+77.4%	-$939K-110.5%	$10.3M-66.6%	-$8.5M-270.5%	$6.6M-52.4%	$9.0M-52.3%	$30.9M-26.0%
EPS (Basic)	$2.17+702.8%	$0.47+67.9%	-$0.04-110.3%	N/A	-$0.36-263.6%	$0.28-53.3%	$0.39-51.9%	N/A
EPS (Diluted)	$2.09+680.6%	$0.46+70.4%	-$0.04-110.8%	N/A	-$0.36-271.4%	$0.27-52.6%	$0.37-51.9%	N/A
Diluted Shares (Avg)	28M+20.1%	26M+6.6%	25M+3.0%	N/A	24M-0.7%	24M-0.4%	24M-2.3%	N/A

Not reported in any period shown, so not listed: R&D Expenses, Operating Income, EBITDA.

AMRK Balance Sheet

AMRK quarterly balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12
Total Assets	$2.2B+21.2%	$1.8B+18.3%	$1.5B+7.1%	$1.4B+21.1%	$1.2B+57.2%	$758.0M+7.5%	$705.4M-5.1%	$743.0M+55.3%	$478.5M+9.5%	$437.1M+33.8%	$326.7M+7.1%	$305.1M-1.4%	$309.6M	N/A
Current Assets	$1.7B+20.9%	$1.4B+13.8%	$1.3B+7.3%	$1.2B+22.5%	$964.2M+35.0%	$714.0M+6.8%	$668.9M-5.4%	$707.0M+58.2%	$447.0M+6.9%	$418.3M+33.8%	$312.6M+5.9%	$295.3M-1.7%	$300.4M	N/A
Cash & Equivalents	$77.7M+59.8%	$48.6M+23.7%	$39.3M+4.1%	$37.8M-62.7%	$101.4M+93.8%	$52.3M+528.9%	$8.3M+32.3%	$6.3M-51.8%	$13.1M-23.8%	$17.1M-18.1%	$20.9M+58.6%	$13.2M-38.8%	$21.6M+91.3%	$11.3M
Inventory	$794.8M+37.2%	$579.4M-10.3%	$645.8M+40.9%	$458.3M+78.4%	$257.0M+4.2%	$246.6M+24.3%	$198.4M+19.4%	$166.2M+11.3%	$149.3M-19.6%	$185.7M+22.1%	$152.1M+0.7%	$150.9M+21.9%	$123.8M	N/A
Accounts Receivable	$137.7M+276.3%	$36.6M+3.8%	$35.2M-63.7%	$97.0M+9.0%	$89.0M+81.1%	$49.1M+82.7%	$26.9M-25.0%	$35.9M-8.8%	$39.3M-9.3%	$43.3M+44.2%	$30.0M	N/A	N/A	N/A
Goodwill	$228.7M+14.4%	$199.9M+98.1%	$100.9M0.0%	$100.9M0.0%	$100.9M+1036.6%	$8.9M0.0%	$8.9M0.0%	$8.9M0.0%	$8.9M+92.2%	$4.6M-5.4%	$4.9M0.0%	$4.9M0.0%	$4.9M	N/A
Total Liabilities	$1.5B+29.7%	$1.2B+23.4%	$945.2M-0.7%	$952.2M+15.0%	$827.6M+26.7%	$653.1M+3.2%	$632.8M-6.1%	$673.9M+66.2%	$405.5M+8.5%	$373.8M+38.1%	$270.7M+5.9%	$255.7M-0.3%	$256.4M	N/A
Current Liabilities	$1.1B+26.1%	$883.8M-4.4%	$924.1M+10.4%	$836.7M+17.9%	$709.6M+27.4%	$556.8M+2.9%	$540.9M-18.8%	$665.9M+64.7%	$404.4M+10.3%	$366.6M+35.9%	$269.8M+5.5%	$255.6M-0.1%	$255.8M	N/A
Non-Current Liabilities	$398.6M+41.3%	$282.2M+1236.3%	$21.1M-81.7%	$115.5M-2.2%	$118.1M+22.5%	$96.4M+4.9%	$91.9M+1044.8%	$8.0M+618.4%	$1.1M-84.6%	$7.2M+697.0%	$909K+2654.5%	$33K-94.0%	$552K	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	$91.9M	$0	$0	N/A	N/A	N/A	N/A	N/A
Total Equity	$649.5M+6.9%	$607.6M+1.4%	$599.1M+22.6%	$488.6M+34.7%	$362.6M+259.0%	$101.0M+45.0%	$69.7M+6.0%	$65.7M-5.6%	$69.6M+9.9%	$63.3M+13.1%	$56.0M+13.2%	$49.5M-7.1%	$53.3M-4.2%	$55.6M
Retained Earnings	$464.1M-0.6%	$466.8M+5.9%	$440.6M+36.9%	$321.8M+51.8%	$212.1M+188.0%	$73.6M+70.7%	$43.1M+5.4%	$40.9M-11.1%	$46.0M+12.1%	$41.0M+22.7%	$33.4M+23.5%	$27.1M-6.0%	$28.8M	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'24
Total Assets	$4.2B+91.2%	$3.8B+103.9%	$2.6B+27.1%	$2.2B+21.2%	$2.2B+30.8%	$1.9B+15.1%	$2.0B+28.5%	$1.8B+18.3%
Current Assets	$3.7B+108.7%	$3.3B+124.3%	$2.1B+28.3%	$1.7B+20.9%	$1.8B+30.3%	$1.5B+11.1%	$1.6B+27.1%	$1.4B+13.8%
Cash & Equivalents	$143.6M+25.6%	$152.1M+302.6%	$89.2M+90.1%	$77.7M+59.8%	$114.3M+225.1%	$37.8M+32.5%	$46.9M-2.7%	$48.6M+23.7%
Inventory	$1.3B+73.7%	$1.0B+60.6%	$846.1M+15.0%	$794.8M+37.2%	$759.6M+31.1%	$642.3M+8.5%	$735.6M+20.3%	$579.4M-10.3%
Accounts Receivable	$168.4M+34.8%	$558.8M+1536.5%	$283.1M+294.2%	$137.7M+276.3%	$124.9M+134.6%	$34.1M-20.1%	$71.8M+109.3%	$36.6M+3.8%
Goodwill	$243.7M+12.4%	$228.7M+14.4%	$228.7M+14.4%	$228.7M+14.4%	$216.9M+79.3%	$199.9M+98.1%	$199.9M+98.1%	$199.9M+98.1%
Total Liabilities	$3.3B+119.8%	$3.1B+157.8%	$1.9B+38.0%	$1.5B+29.7%	$1.5B+37.3%	$1.2B+15.9%	$1.4B+37.0%	$1.2B+23.4%
Current Liabilities	$3.1B+176.3%	$2.8B+191.6%	$1.5B+55.9%	$1.1B+26.1%	$1.1B+47.6%	$944.6M+31.3%	$989.6M+40.4%	$883.8M-4.4%
Non-Current Liabilities	$147.9M-58.7%	$348.8M+34.7%	$339.2M-9.5%	$398.6M+41.3%	$357.6M+12.6%	$258.9M-18.8%	$374.7M+28.7%	$282.2M+1236.3%
Total Equity	$847.3M+31.7%	$653.8M+6.7%	$644.0M+5.4%	$649.5M+6.9%	$643.6M+10.4%	$612.7M+5.0%	$611.1M+5.1%	$607.6M+1.4%
Retained Earnings	$518.5M+13.1%	$464.8M-1.8%	$458.1M-1.8%	$464.1M-0.6%	$458.7M+4.1%	$473.1M+7.4%	$466.6M+9.3%	$466.8M+5.9%

Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments, Long-Term Debt.

AMRK Cash Flow Statement

AMRK quarterly cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12
Operating Cash Flow	$220.0M	$152.3M+150.0%	$60.9M+300.9%	-$30.3M+66.0%	-$89.2M-69.3%	-$52.7M-209.8%	$47.9M+429.8%	-$14.5M-290.1%	$7.6M+178.2%	-$9.8M+82.6%	-$56.2M-1097.1%	-$4.7M+72.0%	-$16.7M-1288.5%	-$1.2M-104.7%	$25.4M
Depreciation & Amortization	N/A	$22.9M+101.1%	$11.4M-9.0%	$12.5M-54.1%	$27.3M+153.0%	$10.8M+272.0%	$2.9M+3.3%	$2.8M+6.9%	$2.6M+72.6%	$1.5M+25.1%	$1.2M+35.9%	$895K-4.2%	$934K+13.1%	$826K+13.6%	$727K
Stock-Based Compensation	N/A	$1.6M-17.1%	$1.9M-11.6%	$2.2M+1.7%	$2.1M+82.4%	$1.2M+23.1%	$953K-13.0%	$1.1M-8.0%	$1.2M+19.6%	$996K+137.7%	$419K+65.6%	$253K+30.4%	$194K+14.8%	$169K+23.4%	$137K
Capital Expenditures	$13.1M	$10.7M+47.2%	$7.3M+51.7%	$4.8M+66.1%	$2.9M+36.3%	$2.1M+152.8%	$836K+70.6%	$490K-62.8%	$1.3M-41.9%	$2.3M+54.5%	$1.5M-17.8%	$1.8M+76.5%	$1.0M+110.6%	$480K-15.5%	$568K
Free Cash Flow	$206.9M	$141.7M+163.9%	$53.7M+252.9%	-$35.1M+61.9%	-$92.0M-68.1%	-$54.8M-216.3%	$47.1M+413.5%	-$15.0M-337.4%	$6.3M+152.5%	-$12.0M+79.1%	-$57.6M-789.9%	-$6.5M+63.5%	-$17.8M-953.1%	-$1.7M-106.8%	$24.8M
Investing Cash Flow	-$124.8M	-$104.7M-64.6%	-$63.6M-1029.9%	$6.8M+111.3%	-$60.6M+53.6%	-$130.4M-367.3%	$48.8M+429.4%	-$14.8M+17.0%	-$17.8M+51.1%	-$36.5M-20.7%	-$30.2M-125.6%	-$13.4M-137.8%	-$5.6M-1073.3%	-$480K+15.5%	-$568K
Financing Cash Flow	-$65.9M	-$18.6M-255.1%	$12.0M-52.1%	$25.0M-70.9%	$86.1M-62.9%	$232.1M+540.4%	-$52.7M-268.0%	$31.4M+817.7%	$3.4M-91.9%	$42.2M-48.9%	$82.6M+219.9%	$25.8M+84.3%	$14.0M+16.9%	$12.0M+152.2%	-$22.9M
Dividends Paid	$20.5M	$18.8M-55.1%	$41.8M+11.7%	$37.5M+65.5%	$22.6M+6.9%	$21.2M	N/A	$0-100.0%	$1.7M-20.0%	$2.1M+26.0%	$1.7M+140.0%	$698K-93.0%	$10.0M-33.3%	$15.0M	$0
Share Buybacks	N/A	N/A	$22.3M+128.5%	$9.8M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'24
Operating Cash Flow	$235K-99.8%	-$42.6M-138.7%	$195.4M+253.2%	$67.0M-19.2%	$102.8M+29.0%	$110.1M+291.7%	-$127.5M-188.1%	$82.8M+212.6%
Depreciation & Amortization	$9.4M+88.5%	$7.6M+64.6%	$7.6M+61.0%	$8.6M+201.4%	$5.0M+69.4%	$4.6M+65.0%	$4.7M+68.7%	$2.8M+3.8%
Stock-Based Compensation	N/A	N/A	$375K+17.2%	N/A	N/A	N/A	$320K-51.8%	N/A
Capital Expenditures	$3.2M+30.9%	$4.0M+8.0%	$2.0M+225.2%	$3.9M+42.4%	$2.5M+256.2%	$3.7M+91.0%	$607K-67.8%	$2.7M+76.0%
Free Cash Flow	-$3.0M-103.0%	-$46.6M-143.8%	$193.4M+251.0%	$63.1M-21.3%	$100.4M+27.0%	$106.4M+279.2%	-$128.1M-177.7%	$80.1M+206.6%
Investing Cash Flow	-$24.1M+55.4%	-$28.1M-465.0%	-$11.4M-173.7%	-$61.2M-1102.7%	-$54.0M-12.8%	-$5.0M+51.3%	$15.5M+3717.1%	-$5.1M+38.3%
Financing Cash Flow	$15.4M-44.4%	$133.6M+216.9%	-$172.5M-256.4%	-$42.4M+34.1%	$27.7M+209.8%	-$114.2M-338.6%	$110.3M+105.8%	-$64.3M-249.4%
Dividends Paid	$5.7M+23.2%	$4.9M+6.5%	$5.0M+7.6%	$4.9M+7.4%	$4.6M+0.6%	$4.6M-0.2%	$4.6M-83.5%	$4.6M-2.0%
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$0

AMRK Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AMRK quarterly financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12
Gross Margin	1.9%+0.1pp	1.8%-1.4pp	3.2%0.0pp	3.2%+0.4pp	2.8%+1.5pp	1.2%+0.6pp	0.7%	N/A	N/A	N/A	N/A	N/A	N/A	0.3%
Net Margin	0.2%-0.6pp	0.7%-1.0pp	1.7%+0.1pp	1.6%-0.5pp	2.1%+1.5pp	0.6%+0.5pp	0.1%	N/A	N/A	N/A	N/A	N/A	N/A	0.1%
Return on Equity	2.7%-8.6pp	11.3%-14.8pp	26.1%-1.0pp	27.1%-16.9pp	44.0%+13.8pp	30.2%+27.0pp	3.2%	N/A	N/A	N/A	N/A	16.7%-6.8pp	23.5%+4.5pp	19.0%
Return on Assets	0.8%-3.0pp	3.8%-6.4pp	10.1%+0.9pp	9.2%-4.2pp	13.4%+9.4pp	4.0%+3.7pp	0.3%	N/A	N/A	N/A	N/A	2.7%-1.3pp	4.0%	N/A
Current Ratio	1.56-0.1x	1.63+0.3x	1.370.0x	1.41+0.1x	1.36+0.1x	1.280.0x	1.24+0.2x	1.060.0x	1.110.0x	1.140.0x	1.160.0x	1.160.0x	1.17	N/A
Debt-to-Equity	2.33+0.4x	1.92+0.3x	1.58-0.4x	1.95-0.3x	2.28-4.2x	6.47+5.1x	1.32+1.3x	0.000.0x	0.00-5.9x	5.91+1.1x	4.84-0.3x	5.17+0.4x	4.81	N/A
Asset Turnover	4.96-0.4x	5.31-0.7x	6.01+0.4x	5.66-0.7x	6.39-0.8x	7.20+0.4x	6.78	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	1.3%+0.7pp	0.5%+0.9pp	-0.4%+0.8pp	-1.1%-0.4pp	-0.7%-1.6pp	0.9%+1.2pp	-0.3%	N/A	N/A	N/A	N/A	N/A	N/A	0.3%

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'24
Gross Margin	1.7%+0.4pp	1.4%-0.2pp	2.0%+0.4pp	3.3%+1.6pp	1.4%0.0pp	1.6%-0.6pp	1.6%-0.4pp	1.7%-0.8pp
Net Margin	0.6%+0.9pp	0.2%-0.1pp	0.0%-0.4pp	0.4%-0.8pp	-0.3%-0.5pp	0.2%-0.4pp	0.3%-0.4pp	1.2%-0.1pp
Return on Equity	7.0%+8.3pp	1.8%+0.7pp	-0.1%-1.6pp	1.6%-3.5pp	-1.3%-2.2pp	1.1%-1.3pp	1.5%-1.8pp	5.1%-1.9pp
Return on Assets	1.4%+1.8pp	0.3%0.0pp	0.0%-0.5pp	0.5%-1.2pp	-0.4%-0.7pp	0.4%-0.5pp	0.4%-0.8pp	1.7%-1.0pp
Current Ratio	1.18-0.4x	1.21-0.4x	1.37-0.3x	1.56-0.1x	1.56-0.2x	1.58-0.3x	1.66-0.2x	1.63+0.3x
Debt-to-Equity	3.86+1.5x	4.75+2.8x	2.92+0.7x	2.33+0.4x	2.31+0.5x	1.96+0.2x	2.23+0.5x	1.92+0.3x
Asset Turnover	2.48+1.1x	1.70+0.2x	1.43+0.1x	1.13-0.2x	1.38-0.2x	1.47+0.2x	1.34-0.2x	1.38-0.6x
FCF Margin	0.0%-3.4pp	-0.7%-4.6pp	5.3%+10.0pp	2.5%-0.7pp	3.3%+0.3pp	3.9%+6.7pp	-4.7%-2.9pp	3.2%+5.6pp

Not reported in any period shown, so not listed: Operating Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
A-Mark Precious Metals, Inc. AMRK	FY2025	$11.0B	$17.3M	0.2%	$720.3M	45/100
BitFuFu Inc. FUFU	FY2025	$477.5M	-$31.3M	-6.5%	$203.4M	39/100
Solowin Holdings SWIN	FY2025	$30K	-$8.5M	N/A	$614.0M	—
Oppenheimer Holdings, Inc. OPY	FY2025	$1.6B	$148.4M	9.1%	$1.1B	47/100
Cango Inc. CANG	FY2025	$688.1M	-$622.0M	-90.4%	$150.6M	18/100

Where A-Mark Precious Metals, Inc. Ranks

Frequently Asked Questions

What is A-Mark Precious Metals, Inc.'s annual revenue?

A-Mark Precious Metals, Inc. (AMRK) reported $11.0B in total revenue for fiscal year 2025. This represents a 13.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is A-Mark Precious Metals, Inc.'s revenue growing?

A-Mark Precious Metals, Inc. (AMRK) revenue grew by 13.2% year-over-year, from $9.7B to $11.0B in fiscal year 2025.

Is A-Mark Precious Metals, Inc. profitable?

Yes, A-Mark Precious Metals, Inc. (AMRK) reported a net income of $17.3M in fiscal year 2025, with a net profit margin of 0.2%.

What is A-Mark Precious Metals, Inc.'s gross margin?

A-Mark Precious Metals, Inc. (AMRK) had a gross margin of 1.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is A-Mark Precious Metals, Inc.'s net profit margin?

A-Mark Precious Metals, Inc. (AMRK) had a net profit margin of 0.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is A-Mark Precious Metals, Inc.'s return on equity (ROE)?

A-Mark Precious Metals, Inc. (AMRK) has a return on equity of 2.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is A-Mark Precious Metals, Inc.'s free cash flow?

A-Mark Precious Metals, Inc. (AMRK) generated $141.7M in free cash flow during fiscal year 2025. This represents a 163.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is A-Mark Precious Metals, Inc.'s operating cash flow?

A-Mark Precious Metals, Inc. (AMRK) generated $152.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are A-Mark Precious Metals, Inc.'s total assets?

A-Mark Precious Metals, Inc. (AMRK) had $2.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are A-Mark Precious Metals, Inc.'s capital expenditures?

A-Mark Precious Metals, Inc. (AMRK) invested $10.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does A-Mark Precious Metals, Inc. have outstanding?

A-Mark Precious Metals, Inc. (AMRK) had 25M shares outstanding as of fiscal year 2025.

What is A-Mark Precious Metals, Inc.'s current ratio?

A-Mark Precious Metals, Inc. (AMRK) had a current ratio of 1.56 as of fiscal year 2025, which is generally considered healthy.

What is A-Mark Precious Metals, Inc.'s debt-to-equity ratio?

A-Mark Precious Metals, Inc. (AMRK) had a debt-to-equity ratio of 2.33 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is A-Mark Precious Metals, Inc.'s return on assets (ROA)?

A-Mark Precious Metals, Inc. (AMRK) had a return on assets of 0.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is A-Mark Precious Metals, Inc.'s Piotroski F-Score?

A-Mark Precious Metals, Inc. (AMRK) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are A-Mark Precious Metals, Inc.'s earnings high quality?

A-Mark Precious Metals, Inc. (AMRK) has an earnings quality ratio of 8.80x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is A-Mark Precious Metals, Inc.?

A-Mark Precious Metals, Inc. (AMRK) scores 45 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.