GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ares Acquisition Corp (NYSE:AAC) » Definitions » Gross Margin %

Ares Acquisition (Ares Acquisition) Gross Margin % : 0.00% (As of Jun. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Ares Acquisition Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ares Acquisition's Gross Profit for the three months ended in Jun. 2023 was $0.00 Mil. Ares Acquisition's Revenue for the three months ended in Jun. 2023 was $0.00 Mil. Therefore, Ares Acquisition's Gross Margin % for the quarter that ended in Jun. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


AAC's Gross Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 49.54
* Ranked among companies with meaningful Gross Margin % only.

Ares Acquisition had a gross margin of N/A% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ares Acquisition was 0.00% per year.


Ares Acquisition Gross Margin % Historical Data

The historical data trend for Ares Acquisition'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.

Ares Acquisition Gross Margin % Chart

Ares Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Gross Margin %
- - -

Ares Acquisition Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Ares Acquisition's Gross Margin %

For the Shell Companies subindustry, Ares Acquisition'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.


Ares Acquisition's Gross Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Ares Acquisition's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ares Acquisition's Gross Margin % falls into.



Ares Acquisition Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Ares Acquisition's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Ares Acquisition's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


Ares Acquisition  (NYSE:AAC) 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

Ares Acquisition had a gross margin of N/A% for the quarter that ended in Jun. 2023 => No sustainable 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.


Ares Acquisition Gross Margin % Related Terms

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


Ares Acquisition (Ares Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
c/o Ares Management LLC, 44th Floor, 245 Park Avenue, New York, NY, USA, 10167
Ares Acquisition Corp is a blank check company.
Executives
Kathryn V Marinello director CERIDIAN CORPORATION, 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
Michael J Arougheti director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
David B Kaplan director, officer: Chief Executive Officer 1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067
Felicia D Thornton director 250 PARKCENTER BLVD PO BOX 20, BOISE ID 83726
Jarrod Phillips officer: Chief Financial Officer C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 100167
Stephen Brown Davis director 1355 SANSOME STREET, SAN FRANCISCO CA 94111
Ares Acquisition Holdings Lp 10 percent owner C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Peter Ogilvie officer: See Remarks C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Allyson Satin officer: Chief Operating Officer C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167

Ares Acquisition (Ares Acquisition) Headlines

From GuruFocus

X-Energy Participates in SPAC Insider Podcast

By Business Wire 10-23-2023