IGM Financial (FRA:C7G) Gross Margin %: 91.43% (As of Mar. 2026) — 87% Above Median


FRA:C7G IGM Financial Inc FRA:C7G
82 GF Score
Price €47.20
GF Value €30.23
! 9 Warning Signs
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What is IGM Financial Gross Margin %?

IGM Financial FRA:C7G +0.43% 82 Gross Margin % is 91.43% as of Mar. 2026, which is 87% above its 10-year median of 48.92. GuruFocus rates FRA:C7G with a GF Score™ of 82/100 and a GF Value™ of €30.23. The stock has 9 warning signs investors should review. Among 547 Asset Management companies, IGM Financial ranks worse than 56.67% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. IGM Financial's Gross Profit for the three months ended in Mar. 2026 was €585 Mil. IGM Financial's Revenue for the three months ended in Mar. 2026 was €640 Mil. Therefore, IGM Financial's Gross Margin % for the quarter that ended in Mar. 2026 was 91.43%.


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

FRA:C7G' s Gross Margin % Range Over the Past 10 Years
Min: 48.36   Med: 48.92   Max: 91.11
Current: 50.48


During the past 13 years, the highest Gross Margin % of IGM Financial was 91.11%. The lowest was 48.36%. And the median was 48.92%.

FRA:C7G's Gross Margin % is ranked worse than
56.67% of 547 companies
in the Asset Management industry
Industry Median: 57.53 vs FRA:C7G: 50.48

IGM Financial had a gross margin of 91.43% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for IGM Financial was 0.20% per year.


IGM Financial  (FRA:C7G) 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

IGM Financial had a gross margin of 91.43% for the quarter that ended in Mar. 2026 => 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.


IGM Financial Gross Margin % Related Terms


IGM Financial Gross Margin % Historical Data

* Premium members only.

The historical data trend for IGM Financial'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.

IGM Financial Gross Margin % Chart

IGM Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.57 48.66 48.65 48.73 49.10

IGM Financial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 90.60 91.00 91.21 -65.80 91.43

FRA:C7G vs BLK, BX, KKR: Gross Margin % Comparison

For the Asset Management subindustry, IGM Financial'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.


IGM Financial Gross Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, IGM Financial's Gross Margin % distribution charts can be found below:

* The bar in red indicates where IGM Financial's Gross Margin % falls into.


FRA:C7G
82GF Score
IGM Financial Inc FRA:C7G
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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IGM Financial Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

IGM Financial's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1161.5 / 2365.345
=(Revenue - Cost of Goods Sold) / Revenue
=(2365.345 - 1203.859) / 2365.345
=49.10 %

IGM Financial's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=585.4 / 640.273
=(Revenue - Cost of Goods Sold) / Revenue
=(640.273 - 54.885) / 640.273
=91.43 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 91.43% mean?
IGM Financial (FRA:C7G) has a Gross Margin % of 91.43% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on IGM Financial and its competitors. This is 87% above median its historical median of 48.92. Over the past decade, IGM Financial's Gross Margin % has ranged from 48.36 to 91.11. According to the industry distribution chart, IGM Financial ranks #310 out of 547 companies in the Asset Management industry, placing it in the top 56.7%.
Is IGM Financial's Gross Margin % too high?
IGM Financial's current Gross Margin % of 91.43% is 87% above median its 10-year median of 48.92. Over the past 10 years, this metric has ranged from a low of 48.36 to a high of 91.11. The Asset Management industry median Gross Margin % is 57.53. IGM Financial's value of 91.43% is 58.9% above this industry median. Based on the distribution chart, IGM Financial ranks #310 out of 547 companies in the Asset Management industry, which is below the industry midpoint. Overall, IGM Financial has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does IGM Financial's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, IGM Financial ranks #310 out of 547 companies for Gross Margin %. This places IGM Financial in the lower half of its industry. The industry median Gross Margin % is 57.53. IGM Financial's value of 91.43% is 58.9% above this benchmark. Historically, IGM Financial's own Gross Margin % has ranged from 48.36 to 91.11 over the past decade. While the company's 10-year median is 48.92 vs. the industry median of 57.53, IGM Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Asset Management company?
The median Gross Margin % among Asset Management companies is 57.53, based on 547 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IGM Financial's current Gross Margin % of 91.43% is 58.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on IGM Financial and its competitors. For the Asset Management industry, the median Gross Margin % is 57.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGM Financial's current Gross Margin % is 91.43%, which is 87% above median its own 10-year median of 48.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGM Financial stock overvalued right now?
IGM Financial (FRA:C7G) has a current Gross Margin % of 91.43%. The stock's GF Value™ is €30.23, compared to a current price of €47.20 — trading 56.1% above its estimated fair value. The current Gross Margin % is 91.43%, which is 87% above median its 10-year median of 48.92 and 58.9% above the Asset Management industry median of 57.53. IGM Financial's overall GF Score™ is 82/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For IGM Financial (FRA:C7G), the current Gross Margin % is 91.43% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IGM Financial (FRA:C7G) Overvalued in 2026?

Based on GuruFocus' analysis, IGM Financial stock appears to be overvalued. The current stock price of €47.20 is trading 56.1% above its estimated GF Value™ of €30.23.

Key valuation signals for FRA:C7G:

  • Gross Margin %: 91.43% (87% above median its 10-year median of 48.92)
  • GF Value™: €30.23 vs. price of €47.20 (56.1% above fair value)
  • GF Score™: 82/100 with 9 warning signs
  • Industry Position: 58.9% above the Asset Management median (#310 of 547)

No single metric tells the full story. See the FRA:C7G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGM Financial Business Description

Address 447 Portage Avenue, Winnipeg, MB, CAN, R3B 3H5
IGM Financial is a leading nonbank Canadian wealth and asset management company. Power Corporation of Canada, which also holds a majority stake in Great-West Life co, has a majority stake (62%) in IGM. The company has two main operating segments, wealth management and asset management. As of December 2025, IGM's wealth management unit had CAD 159 billion in assets under advisement, or AUA, while the firm's asset management unit had CAD 151 billion in third-party assets under management, or AUM.
82GF Score

Get the complete analysis for FRA:C7G

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€47.20
Price
€30.23
GF Value