ENV (Envestnet) COGS-to-Revenue : 0.69 (As of Sep. 2024)

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What is Envestnet COGS-to-Revenue?

Envestnet's Cost of Goods Sold for the three months ended in Sep. 2024 was $240 Mil. Its Revenue for the three months ended in Sep. 2024 was $346 Mil.

Envestnet's COGS to Revenue for the three months ended in Sep. 2024 was 0.69.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Envestnet's Gross Margin % for the three months ended in Sep. 2024 was 30.63%.

Envestnet COGS-to-Revenue Historical Data

The historical data trend for Envestnet's COGS-to-Revenue 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.

Envestnet COGS-to-Revenue Chart

Envestnet Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.74

0.71

0.72

0.78

0.74

Envestnet Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial															0.74	0.69	0.71	0.71	0.69

Envestnet COGS-to-Revenue Calculation

Envestnet's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	917.866	/	1245.62
	=	0.74

Envestnet's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	239.975	/	345.949
	=	0.69

Envestnet (NYSE:ENV) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Envestnet's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	239.975 / 345.949
	=	30.63 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Envestnet COGS-to-Revenue Related Terms

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Envestnet Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Envestnet Inc (NYSE:ENV) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

30E:Germany

Address

1000 Chesterbrook Boulevard, Suite 250, Berwyn, Pennsylvania, IL, USA, 19312

Website

https://www.envestnet.com

Envestnet provides wealth-management technology and solutions to registered investment advisors, banks, broker/dealers, and other firms. Its Tamarac platform provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software to high-end RIAs. Envestnet's portfolio management consultants provide research services and consulting services to assist advisors, including vetted third-party managed account products. In November 2015, Envestnet acquired Yodlee, a provider of data aggregation, which is reported in the firm's data and analytics segment. In 2019, Envestnet acquired MoneyGuidePro to bolster its financial planning tools.

Executives

Matthew Majoros	officer: Principal Accounting Officer	35 E. WACKER DRIVE, SUITE 2400, CHICAGO IL 60601
Lauren Taylor Wolfe	director	3100 CUMBERLAND BOULEVARD, SUITE 1700, ATLANTA GA 30339
Barry D. Cooper	officer: SVP, Head of Accounting Mgmt.	35 E. WACKER DRIVE, STE 2400, CHICAGO IL 60601
Barbara Turner	director	5320 STONY RUN COURT, LIBERTY TOWNSHIP OH 45011
William Crager	officer: President	489 FIFTH AVENUE, 26TH FLOOR, NEW YORK NY 10017
Shelly O'brien	officer: General Counsel	35 E. WACKER DRIVE, SUITE 2400, CHICAGO IL 60601
Wendy E Lane	director
Impactive Capital Llc	director	152 WEST 57TH, 17TH FLOOR, NEW YORK CITY NY 10019
Impactive Capital Lp	director	450 WEST 14 STREET, 12TH FLOOR, NEW YORK CITY NY 10014
Christian Asmar	director	152 WEST 57TH STREET, 17TH FLOOR, NEW YORK CITY NY 10019
Stuart Depina	officer: President*	11755 WILSHIRE BLVD., 20TH FLOOR, LOS ANGELES CA 90025
Anil Arora	director	C/O YODLEE, INC., 3600 BRIDGE PARKWAY, 2ND FLOOR, REDWOOD CITY CA 94065
Brandon Thomas	officer: Chief Investment Officer	35 E. WACKER DRIVE, SUITE 2400, CHICAGO IL 60601
Joshua Mayer	officer: Chief Operating Officer	35 EAST WACKER DRIVE, SUITE 2400, CHICAGO IL 60601
Scott D Grinis	officer: Chief Technology Officer	150 MATHILDA PLACE, SUITE 306, SUNNYVALE CA 94086