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Osaic Financial Services (Osaic Financial Services) Gross Margin % : 29.46% (As of Dec. 2019)


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What is Osaic Financial Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Osaic Financial Services's Gross Profit for the three months ended in Dec. 2019 was $116.60 Mil. Osaic Financial Services's Revenue for the three months ended in Dec. 2019 was $395.74 Mil. Therefore, Osaic Financial Services's Gross Margin % for the quarter that ended in Dec. 2019 was 29.46%.


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

LTSAP.PFD' s Gross Margin % Range Over the Past 10 Years
Min: 23.74   Med: 26.18   Max: 33.4
Current: 29.6


During the past 13 years, the highest Gross Margin % of Osaic Financial Services was 33.40%. The lowest was 23.74%. And the median was 26.18%.

LTSAP.PFD's Gross Margin % is not ranked
in the Capital Markets industry.
Industry Median: 47.545 vs LTSAP.PFD: 29.60

Osaic Financial Services had a gross margin of 29.46% for the quarter that ended in Dec. 2019 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Osaic Financial Services was 1.10% per year.


Osaic Financial Services Gross Margin % Historical Data

The historical data trend for Osaic Financial Services'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.

Osaic Financial Services Gross Margin % Chart

Osaic Financial Services Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.74 24.68 25.36 28.64 29.24

Osaic Financial Services Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 30.92 28.96 28.84 29.66 29.46

Competitive Comparison of Osaic Financial Services's Gross Margin %

For the Capital Markets subindustry, Osaic Financial Services'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.


Osaic Financial Services's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Osaic Financial Services's Gross Margin % distribution charts can be found below:

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



Osaic Financial Services Gross Margin % Calculation

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

Osaic Financial Services's Gross Margin for the fiscal year that ended in Dec. 2019 is calculated as

Gross Margin % (A: Dec. 2019 )=Gross Profit (A: Dec. 2019 ) / Revenue (A: Dec. 2019 )
=429.7 / 1469.302
=(Revenue - Cost of Goods Sold) / Revenue
=(1469.302 - 1039.613) / 1469.302
=29.24 %

Osaic Financial Services's Gross Margin for the quarter that ended in Dec. 2019 is calculated as


Gross Margin % (Q: Dec. 2019 )=Gross Profit (Q: Dec. 2019 ) / Revenue (Q: Dec. 2019 )
=116.6 / 395.735
=(Revenue - Cost of Goods Sold) / Revenue
=(395.735 - 279.135) / 395.735
=29.46 %

* 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.


Osaic Financial Services  (OTCPK:LTSAP.PFD) 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

Osaic Financial Services had a gross margin of 29.46% for the quarter that ended in Dec. 2019 => Competition eroding margins


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.


Osaic Financial Services Gross Margin % Related Terms

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


Osaic Financial Services (Osaic Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
4400 Biscayne Boulevard, 12th Floor, Miami, FL, USA, 33137
Ladenburg Thalmann Financial Services Inc is a United States-based company that provides diversified financial services. The company conducts operations through a number of subsidiaries, with three operating segments. The independent brokerage and advisory services segment consists of broker-dealer and investment advisory services, along with wealth-management services. The Ladenburg segment comprises investment banking, sales and trading and asset management services, and investment activities. The insurance brokerage segment comprises wholesale insurance brokerage activities. The company generates the majority of revenue from the independent brokerage and advisory services segment. Its business is concentrated in the United States.
Executives
Michael Liebowitz director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Vector Group Ltd 10 percent owner 4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137
Glenn C Davis director 4400 BISCAYNE BOULEVARD, 12TH FLOOR, MIAMI FL 33137
Joseph Giovanniello officer: Senior Vice President 520 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10022
Dmitry Kolosov director C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 33137
Adam Scott Malamed officer: Chief Operating Officer 4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Jacqueline M Simkin director 801 BRICKELL AVENUE, SUITE 2350, MIAMI FL 33131
Frost Nevada Investments Trust 10 percent owner 4400 BISCAYNE BOULEVARD, 15TH FLOOR, MIAMI FL 33137
Brett Kaufman officer: Vice President and CFO 4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Frost Gamma Investments Trust 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137
Richard M Krasno director C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 31337
Saul Gilinski director C.I. FARMACAPSULAS S.A., 1893 S.W. THIRD STREET, POMPANO BEACH FL 33069
Diane Chillemi officer: Chief Financial Officer GBI CAPITAL MANAGEMENT CORP, 1055 STEWART AVE, BETHPAGE NY 11714
Richard J Rosenstock director C/O GAINES BERLAND INC, 1055 STEWART AVENUE, BETHPAGE NY 11714
Bruce S Mendelsohn officer: Managing Director & Senior EVP LADENBURG THALMANN FINANCIAL SERVICES, 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022

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