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Teton Advisors (Teton Advisors) Gross Margin % : 79.78% (As of Dec. 2023)


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What is Teton Advisors Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Teton Advisors's Gross Profit for the three months ended in Dec. 2023 was $1.99 Mil. Teton Advisors's Revenue for the three months ended in Dec. 2023 was $2.50 Mil. Therefore, Teton Advisors's Gross Margin % for the quarter that ended in Dec. 2023 was 79.78%.


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

TETAA' s Gross Margin % Range Over the Past 10 Years
Min: 68.35   Med: 77.7   Max: 80.43
Current: 68.35


During the past 3 years, the highest Gross Margin % of Teton Advisors was 80.43%. The lowest was 68.35%. And the median was 77.70%.

TETAA's Gross Margin % is ranked better than
62.99% of 535 companies
in the Asset Management industry
Industry Median: 51.33 vs TETAA: 68.35

Teton Advisors had a gross margin of 79.78% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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


Teton Advisors Gross Margin % Historical Data

The historical data trend for Teton Advisors'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.

Teton Advisors Gross Margin % Chart

Teton Advisors Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
80.43 77.70 76.02

Teton Advisors Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only 76.34 45.47 71.78 75.20 79.78

Competitive Comparison of Teton Advisors's Gross Margin %

For the Asset Management subindustry, Teton Advisors'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.


Teton Advisors's Gross Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Teton Advisors's Gross Margin % falls into.



Teton Advisors Gross Margin % Calculation

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

Teton Advisors'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 )
=8.3 / 10.942
=(Revenue - Cost of Goods Sold) / Revenue
=(10.942 - 2.624) / 10.942
=76.02 %

Teton Advisors'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 )
=2 / 2.498
=(Revenue - Cost of Goods Sold) / Revenue
=(2.498 - 0.505) / 2.498
=79.78 %

* 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.


Teton Advisors  (OTCPK:TETAA) 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

Teton Advisors had a gross margin of 79.78% 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.


Teton Advisors Gross Margin % Related Terms

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


Teton Advisors (Teton Advisors) Business Description

Traded in Other Exchanges
N/A
Address
189 Mason Street, Greenwich, CT, USA, 06830
Teton Advisors Inc is a multi asset manager company uncovering opportunities within inefficient markets, and are pioneer in micro, small and mid-cap value investing. It offers a product suite of mutual funds and separate account strategies, With complementary investment teams expanding research coverage across the platform and marketing efforts levered against a larger organization. The company aims at value creation for both clients and shareholders. The Company operates in one business segment that is the investment advisory and asset management business.
Executives
Westwood Management Corp /tx 10 percent owner 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Howard F. Ward director 401 THEODORE FREMD AVENUE, RYE NY 10580
Jeffrey M Farber officer: Chief Financial Officer C/O THE HANOVER INSURANCE GROUP, 440 LINCOLN STREET, WORCESTER MA 01653
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Bruce N Alpert director, officer: Chairman C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Douglas R Jamieson director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Mjg Iv Limited Partnership 10 percent owner
Edward T Tokar director
Nicholas F. Galluccio director, officer: CEO & President C/O TETON ADVISORS, INC., 401 THEODORE FREMD AVENUE, RYE NY 10580
Alfred W. Fiore director C/O TETON ADVISORS, INC., 401 THEODORE FREMD AVENUE, RYE NY 10580

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