The historical rank and industry rank for Fiera Capital's Gross Margin % or its related term are showing as below:
During the past 13 years, the highestGross Margin % of Fiera Capital was 65.73%. The lowest was 39.36%. And the median was 50.79%.
TSX:FSZ's Gross Margin % is not ranked *
in the Asset Management industry.
Industry Median: 58.335 * Ranked among companies with meaningful Gross Margin % only.
Fiera Capital had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Fiera Capital was 5.60% per year.
Fiera Capital (TSX:FSZ) 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
Fiera Capital had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable 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.
Fiera Capital Gross Margin % Related Terms
Fiera Capital Gross Margin % Historical Data
* Premium members only.
The historical data trend for Fiera Capital'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.
TSX:FSZ vs BLK, BX, KKR: Gross Margin % Comparison
For the Asset Management subindustry, Fiera Capital'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.
Fiera Capital Gross Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fiera Capital's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Fiera Capital'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.
Fiera Capital (TSX:FSZ) has a Gross Margin % of 0.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Fiera Capital and its competitors. Over the past decade, Fiera Capital's Gross Margin % has ranged from 39.36 to 65.73. According to the industry distribution chart, Fiera Capital ranks #999999 out of 554 companies in the Asset Management industry.
Is Fiera Capital's Gross Margin % too high?
Fiera Capital's current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 39.36 to a high of 65.73. Based on the distribution chart, Fiera Capital ranks #999999 out of 554 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Fiera Capital has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fiera Capital's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Fiera Capital ranks #999999 out of 554 companies for Gross Margin %. This places Fiera Capital in the lower half of its industry. The industry median Gross Margin % is 58.34. Historically, Fiera Capital's own Gross Margin % has ranged from 39.36 to 65.73 over the past decade. 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 58.34, based on 554 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. 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 Fiera Capital and its competitors. For the Asset Management industry, the median Gross Margin % is 58.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Capital's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiera Capital stock overvalued right now?
Based on GuruFocus' analysis, Fiera Capital (TSX:FSZ) is currently considered Modestly Undervalued. The stock's GF Value™ is C$6.43, compared to a current price of C$5.15 — trading 19.9% below its estimated fair value. The current Gross Margin % is 0.00%. Fiera Capital's overall GF Score™ is 71/100 with 8 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 Fiera Capital (TSX:FSZ), the current Gross Margin % is 0.00% 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 Fiera Capital (TSX:FSZ) Overvalued in 2026?
Based on GuruFocus' analysis, Fiera Capital stock appears to be undervalued.
The current stock price of C$5.15 is trading 19.9% below its estimated GF Value™ of C$6.43.
GuruFocus considers Fiera Capital to be Modestly Undervalued.
Key valuation signals for TSX:FSZ:
Gross Margin %: 0.00%
GF Value™: C$6.43 vs. price of C$5.15 (19.9% below fair value)
No single metric tells the full story. See the TSX:FSZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fiera Capital Corp is an asset management firm that delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary, and private wealth clients. The company's operating segment is asset management services. Its geographical segments are Canada, the United States of America, Europe, Middle East, & Africa, and Asia. The company derives the majority of its revenue from Canada.
71GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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