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Liontrust Asset Management (LSE:LIO) Gross Margin % : 94.28% (As of Sep. 2023)


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What is Liontrust Asset Management Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Liontrust Asset Management's Gross Profit for the six months ended in Sep. 2023 was £98.6 Mil. Liontrust Asset Management's Revenue for the six months ended in Sep. 2023 was £104.5 Mil. Therefore, Liontrust Asset Management's Gross Margin % for the quarter that ended in Sep. 2023 was 94.28%.


The historical rank and industry rank for Liontrust Asset Management's Gross Margin % or its related term are showing as below:

LSE:LIO' s Gross Margin % Range Over the Past 10 Years
Min: 86.75   Med: 94.35   Max: 99.9
Current: 95


During the past 13 years, the highest Gross Margin % of Liontrust Asset Management was 99.90%. The lowest was 86.75%. And the median was 94.35%.

LSE:LIO's Gross Margin % is ranked better than
87.45% of 526 companies
in the Asset Management industry
Industry Median: 51.705 vs LSE:LIO: 95.00

Liontrust Asset Management had a gross margin of 94.28% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Liontrust Asset Management was 1.50% per year.


Liontrust Asset Management Gross Margin % Historical Data

The historical data trend for Liontrust Asset Management'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.

Liontrust Asset Management Gross Margin % Chart

Liontrust Asset Management Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.75 94.28 93.53 94.20 94.42

Liontrust Asset Management Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross 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 94.47 93.95 93.16 95.59 94.28

Competitive Comparison of Liontrust Asset Management's Gross Margin %

For the Asset Management subindustry, Liontrust Asset Management'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.


Liontrust Asset Management's Gross Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Liontrust Asset Management's Gross Margin % falls into.



Liontrust Asset Management Gross Margin % Calculation

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

Liontrust Asset Management's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=229.8 / 243.339
=(Revenue - Cost of Goods Sold) / Revenue
=(243.339 - 13.569) / 243.339
=94.42 %

Liontrust Asset Management's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=98.6 / 104.547
=(Revenue - Cost of Goods Sold) / Revenue
=(104.547 - 5.979) / 104.547
=94.28 %

* 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.

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.


Liontrust Asset Management  (LSE:LIO) 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

Liontrust Asset Management had a gross margin of 94.28% for the quarter that ended in Sep. 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.


Liontrust Asset Management Gross Margin % Related Terms

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Liontrust Asset Management (LSE:LIO) Business Description

Traded in Other Exchanges
Address
2 Savoy Court, London, GBR, WC2R 0EZ
Liontrust Asset Management PLC operates as an investment management company. It offers products such as Unit Trusts, Offshore funds, Segregated Mandates, and Discretionary Portfolio Management Services. It markets its fund internationally to institutional investors, wealth managers, financial advisers, private investors, and wholesale markets such as family offices, private banks, wealth managers, and multi-managers. The company's geographical segments are the United Kingdom, Europe (excluding the UK), Canada, and Australia.

Liontrust Asset Management (LSE:LIO) Headlines

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