Calamos Asset Management's gross profit for the
three
months ended in Sep. 2016 was $48.3 Mil. Calamos Asset Management's gross profit for the trailing twelve months (TTM) ended in Sep. 2016 was $200.6 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Calamos Asset Management's gross profit for the
three
months ended in Sep. 2016 was $48.3 Mil. Calamos Asset Management's Revenue for the
three
months ended in Sep. 2016 was $48.3 Mil. Therefore, Calamos Asset Management's Gross Margin % for the quarter that ended in Sep. 2016 was N/A%.
Calamos Asset Management had a gross margin of N/A% for the quarter that ended in Sep. 2016 => No sustainable competitive advantage
Calamos Asset Management Gross Profit Historical Data
The historical data trend for Calamos Asset Management'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.
For the Asset Management subindustry, Calamos Asset Management'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.
Calamos Asset Management Gross Profit Distribution
For the Asset Management industry and Financial Services sector, Calamos Asset Management's Gross Profit distribution charts can be found below:
* The bar in red indicates where Calamos Asset Management's Gross Profit falls into.
Calamos Asset Management Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Calamos Asset Management's Gross Profit for the fiscal year that ended in Dec. 2015 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $200.6 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
(Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)
Calamos Asset Management's Gross Margin % for the quarter that ended in Sep. 2016 is calculated as
* 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.
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
Calamos Asset Management had a gross margin of N/A% for the quarter that ended in Sep. 2016 => No sustainable competitive advantage
Calamos Asset Management Gross Profit Related Terms
Thank you for viewing the detailed overview of Calamos Asset Management's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Calamos Asset Management (Calamos Asset Management) Business Description
Calamos Asset Management Inc is a Delaware corporation, incorporated on July 23, 2004. It is an asset management firm that offers strategies to fulfill a range of asset allocation goals through a multi-team platform. The Company together with its subsidiaries provides investment advisory services to individuals and institutional investors through open-end funds, closed-end funds, separate accounts, offshore funds and partnerships. The company applies an investment philosophy and proprietary process centered on risk management across a range of investment strategies, including equity, balanced, convertible, high yield, alternative, fixed income and money market investments. The Company currently offers four types of investment products that fall into the categories of mutual funds and separate accounts. Funds include its open-end and closed-end funds as well as its Offshore Funds. The Company includes the Offshore Funds in open-end funds for reporting purposes. Separate accounts are individual portfolios of securities managed to meet clients specific needs and include institutional accounts and managed accounts. The Company competes in all aspects of its business with a large number of investment management firms, commercial banks, broker-dealers and insurance companies. In the United States and other countries in which it does business, it is subject to regulations and laws at both a federal and state level, including U.S. federal, state and local tax laws as well as similar foreign jurisdiction tax laws.
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