GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Man Group PLC (LSE:EMG) » Definitions » Gross Profit

Man Group (LSE:EMG) Gross Profit : £602.7 Mil (TTM As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Man Group Gross Profit?

Man Group's gross profit for the six months ended in Dec. 2023 was £332.6 Mil. Man Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was £602.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Man Group's gross profit for the six months ended in Dec. 2023 was £332.6 Mil. Man Group's Revenue for the six months ended in Dec. 2023 was £523.0 Mil. Therefore, Man Group's Gross Margin % for the quarter that ended in Dec. 2023 was 63.60%.

Man Group had a gross margin of 63.60% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Man Group was 73.04%. The lowest was 63.72%. And the median was 66.62%.


Man Group Gross Profit Historical Data

The historical data trend for Man Group's Gross Profit 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.

Man Group Gross Profit Chart

Man Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 582.17 453.10 786.59 1,015.58 601.98

Man Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit 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 410.59 509.94 499.99 270.07 332.59

Competitive Comparison of Man Group's Gross Profit

For the Asset Management subindustry, Man Group's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Man Group's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Man Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Man Group's Gross Profit falls into.



Man Group Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Man Group's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=922.72 - 320.74
=602.0

Man Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=522.98 - 190.39
=332.6

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £602.7 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Man Group'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=332.6 / 522.98
=63.60 %

* 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.


Man Group  (LSE:EMG) Gross Profit 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

Man Group had a gross margin of 63.60% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Man Group Gross Profit Related Terms

Thank you for viewing the detailed overview of Man Group's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Man Group (LSE:EMG) Business Description

Traded in Other Exchanges
Address
2 Swan Lane, Riverbank House, London, GBR, EC4R 3AD
Man Group PLC is a investment management firm. It provides a diverse range of alternative and traditional quantitative investment strategies to a predominantly institutional client base. Man divides its reported funds under management by four material segments, including momentum strategies, multi- strategy, sector-based, and alpha capture strategies. The momentum strategy utilizes algorithms to identify trends and to exhibit low correlation with other asset classes. Multi-asset strategies compose a mix of high-conviction systematic models of liquid assets. The alpha capture strategy constructs a long-only portfolio of best ideas from specific equity brokers. Revenue is generated primarily through management fees and secondarily through performance fees.

Man Group (LSE:EMG) Headlines

No Headlines