SELECT * FROM `stock_list` WHERE `symbol` = "AZIHF" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 SELECT * FROM `stock_list` where symbol='AZIHF' AND exchange = 'OTCPK' limit 0,1 SELECT * FROM `stock_list` WHERE `symbol` = "AZIHF" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
AZIHF (Azimut Holding SPA) Gross Margin %
The historical rank and industry rank for Azimut Holding SPA's Gross Margin % or its related term are showing as below:
AZIHF'
s Gross Margin % Range Over the Past 10 Years
Min: 23.78 Med: 38.56 Max: 61.53
Current: 61.53
During the past 13 years, the highestGross Margin % of Azimut Holding SPA was 61.53%. The lowest was 23.78%. And the median was 38.56%.
AZIHF's Gross Margin % is ranked better than 58.24% of 534
companies
in the Asset Management industry
Industry Median: 51.36
vs AZIHF: 61.53
Azimut Holding SPA had a gross margin of 57.31% for the quarter that ended in Dec. 2023 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Azimut Holding SPA was 13.60% per year.
Azimut Holding SPA Gross Margin % Historical Data
The historical data trend for Azimut Holding SPA'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.
Competitive Comparison of Azimut Holding SPA's Gross Margin %
For the Asset Management subindustry, Azimut Holding SPA'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.
Azimut Holding SPA's Gross Margin % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Azimut Holding SPA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Azimut Holding SPA's Gross Margin % falls into.
* 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
Azimut Holding SPA had a gross margin of 57.31% for the quarter that ended in Dec. 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.
Azimut Holding SPA Gross Margin % Related Terms
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Azimut Holding SPA (Azimut Holding SPA) Business Description
Azimut Holding SPA is a large independent asset management firm operating primarily in Italy but with an increasingly global presence. In Italy, its capital management division sells and manages Italian mutual funds, Italian hedge funds, and is active in the discretionary management of individual investment portfolios. Its international business operations involve the sale, management, and distribution of financial and insurance products. Its portfolio solutions encompass a broad array of strategies that cut across various traditional and alternative asset classes. A majority of its revenue is derived from recurring fees from assets under management.
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