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Janus Henderson Group (Janus Henderson Group) Gross Margin % : 72.54% (As of Dec. 2023)


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What is Janus Henderson Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Janus Henderson Group's Gross Profit for the three months ended in Dec. 2023 was $412 Mil. Janus Henderson Group's Revenue for the three months ended in Dec. 2023 was $569 Mil. Therefore, Janus Henderson Group's Gross Margin % for the quarter that ended in Dec. 2023 was 72.54%.


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

JHG' s Gross Margin % Range Over the Past 10 Years
Min: 43.83   Med: 72.54   Max: 74.94
Current: 71.77


During the past 13 years, the highest Gross Margin % of Janus Henderson Group was 74.94%. The lowest was 43.83%. And the median was 72.54%.

JHG's Gross Margin % is ranked better than
66.92% of 532 companies
in the Asset Management industry
Industry Median: 51.345 vs JHG: 71.77

Janus Henderson Group had a gross margin of 72.54% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Janus Henderson Group was -0.30% per year.


Janus Henderson Group Gross Margin % Historical Data

The historical data trend for Janus Henderson Group'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.

Janus Henderson Group Gross Margin % Chart

Janus Henderson Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.52 73.09 74.94 72.25 71.77

Janus Henderson Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 69.06 71.70 71.40 71.36 72.54

Competitive Comparison of Janus Henderson Group's Gross Margin %

For the Asset Management subindustry, Janus Henderson Group'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.


Janus Henderson Group's Gross Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Janus Henderson Group's Gross Margin % falls into.



Janus Henderson Group Gross Margin % Calculation

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

Janus Henderson Group's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1508.5 / 2101.8
=(Revenue - Cost of Goods Sold) / Revenue
=(2101.8 - 593.3) / 2101.8
=71.77 %

Janus Henderson Group's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=412.4 / 568.5
=(Revenue - Cost of Goods Sold) / Revenue
=(568.5 - 156.1) / 568.5
=72.54 %

* 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.


Janus Henderson Group  (NYSE:JHG) 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

Janus Henderson Group had a gross margin of 72.54% 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.


Janus Henderson Group Gross Margin % Related Terms

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


Janus Henderson Group (Janus Henderson Group) Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Janus Henderson Group provides investment management services to retail intermediary (54% of managed assets), self-directed (23%) and institutional (23%) clients. At the end of September, active equities (61%), fixed-income (21%), multi-asset (15%) and alternative (3%) investment platforms constituted the company's USD 308.3 billion in assets under management. Janus Henderson sources 59% of its managed assets from clients in North America, with customers from Europe, the Middle East, Africa, and Latin America (31%) and the Asia-Pacific region (10%) accounting for the remainder. Headquartered in London, JHG is dual-listed on the New York Stock Exchange and the Australian Securities Exchange.
Executives
Georgina Fogo officer: Chief Risk Officer 201 BISHOPSGATE, LONDON X0 EC2M3AE
Joshua D. Frank director 280 PARK AVE, 41ST FL, NEW YORK NY 10017
Leslie Seidman director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Brennan A. Hughes officer: Chief Accounting Officer 151 DETROIT STREET, DENVER CO 80206
Anne Sheehan director THREE LIMITED PARKWAY, COLUMBUS OH 43230
Brian M Baldwin director 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
John M Cassaday director 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Alison A. Quirk director C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Ali Dibadj director, officer: CEO C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Trian Fund Management, L.p. 10 percent owner 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
Suzanne Cain officer: Global Head of Distribution 201 BISHOPSGATE, LONDON X0 EC2M3AE
Glenn S Schafer director 151 DETROIT STREET, DENVER CO 80206
Richard M Weil director, officer: Chief Executive Officer 151 DETROIT STREET, DENVER CO 80206
Edward P Garden director 223 SUNSET AVENUE, PALM BEACH FL 33480
Nelson Peltz director 223 SUNSET AVENUE, PALM BEACH FL 33480

Janus Henderson Group (Janus Henderson Group) Headlines

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