Cohen & Steers (Cohen & Steers) Gross Margin % : 49.32% (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Cohen & Steers Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cohen & Steers's Gross Profit for the three months ended in Dec. 2023 was $60.9 Mil. Cohen & Steers's Revenue for the three months ended in Dec. 2023 was $123.4 Mil. Therefore, Cohen & Steers's Gross Margin % for the quarter that ended in Dec. 2023 was 49.32%.

The historical rank and industry rank for Cohen & Steers's Gross Margin % or its related term are showing as below:

CNS' s Gross Margin % Range Over the Past 10 Years
Min: 36.98 Med: 53.05 Max: 56.39
Current: 48.93

During the past 13 years, the highest Gross Margin % of Cohen & Steers was 56.39%. The lowest was 36.98%. And the median was 53.05%.

CNS's Gross Margin % is ranked worse than
53.07% of 537 companies
in the Asset Management industry
Industry Median: 51.39 vs CNS: 48.93

Cohen & Steers had a gross margin of 49.32% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cohen & Steers was -0.60% per year.

Cohen & Steers Gross Margin % Historical Data

The historical data trend for Cohen & Steers's Gross 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.

Cohen & Steers Gross Margin % Chart

Cohen & Steers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

52.42

36.98

53.75

49.15

49.56

Cohen & Steers Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial															51.22	49.84	47.83	49.32	48.75

Competitive Comparison of Cohen & Steers's Gross Margin %

For the Asset Management subindustry, Cohen & Steers's Gross Margin %, along with its competitors' market caps and Gross 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.

Cohen & Steers's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cohen & Steers's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cohen & Steers's Gross Margin % falls into.

Cohen & Steers Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Cohen & Steers's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	249.9	/	504.255
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(504.255 - 254.351)	/	504.255
	=	49.56 %

Cohen & Steers's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	60.9	/	123.399
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(123.399 - 62.537)	/	123.399
	=	49.32 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Cohen & Steers (NYSE:CNS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Cohen & Steers had a gross margin of 49.32% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Cohen & Steers Gross Margin % Related Terms

Thank you for viewing the detailed overview of Cohen & Steers's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Cohen & Steers (Cohen & Steers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cohen & Steers Inc (NYSE:CNS) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

FG9:Germany

Address

280 Park Avenue, 10th Floor, New York, NY, USA, 10017

Website

https://www.cohenandsteers.com

Cohen & Steers is a niche asset manager concentrating on real estate securities. The firm invests mainly in the equity shares of real estate investment trusts, with holdings in domestic and international real estate securities accounting for close to two thirds of its $75.2 billion in managed assets at the end of September 2023. Cohen & Steers also manages portfolios dedicated to preferred securities, utilities stocks, and other high-yield offerings. The firm's distribution is balanced among its closed-end funds, open-end funds, and institutional accounts. During the past four calendar quarters, the company garnered 41% (26%) of its managed assets (base management fees) from institutional clients, 45% (53%) from open-end funds, and 14% (21%) from closed-end funds.

Executives

Elena Dulik	officer: Chief Accounting Officer	280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Richard P Simon	director	COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Brandon Brown	officer: Executive Vice President	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Martin Cohen	director, 10 percent owner, officer: Executive Chairman	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Alicia Dee	officer: Executive Vice President	280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Michele Nolty	officer: Executive Vice President	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Francis C Poli	officer: See Remarks	280 PARK AVENUE, 10TH FLOOR, C/O COHEN & STEERS, NEW YORK NY 10017
Matthew S. Stadler	officer: Chief Financial Officer, EVP	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
John Todd Glickson	officer: Senior Vice President	280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Dasha Smith	director	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Daniel P Charles	officer: Executive Vice President	C/O COHEN & STEERS, INC., NEW YORK NY 10017
Jon Cheigh	officer: Executive Vice President	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Edmond D Villani	director	COHEN & STEERS, INC., 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Peter L Rhein	director
Reena Aggarwal	director	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017