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Artisan Partners Asset Management (FRA:AP0) Gross Profit : €441.1 Mil (TTM As of Jun. 2024)


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What is Artisan Partners Asset Management Gross Profit?

Artisan Partners Asset Management's gross profit for the three months ended in Jun. 2024 was €115.2 Mil. Artisan Partners Asset Management's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €441.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Artisan Partners Asset Management's gross profit for the three months ended in Jun. 2024 was €115.2 Mil. Artisan Partners Asset Management's Revenue for the three months ended in Jun. 2024 was €251.6 Mil. Therefore, Artisan Partners Asset Management's Gross Margin % for the quarter that ended in Jun. 2024 was 45.79%.

Artisan Partners Asset Management had a gross margin of 45.79% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Artisan Partners Asset Management was 54.12%. The lowest was 45.24%. And the median was 49.62%.

Warning Sign:

Artisan Partners Asset Management Inc gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


Artisan Partners Asset Management Gross Profit Historical Data

The historical data trend for Artisan Partners Asset Management's Gross Profit 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.

Artisan Partners Asset Management Gross Profit Chart

Artisan Partners Asset Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 358.65 381.20 587.80 455.86 408.74

Artisan Partners Asset Management Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit 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 110.64 102.88 105.34 115.20 117.67

Competitive Comparison of Artisan Partners Asset Management's Gross Profit

For the Asset Management subindustry, Artisan Partners Asset Management's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Artisan Partners Asset Management's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Artisan Partners Asset Management's Gross Profit distribution charts can be found below:

* The bar in red indicates where Artisan Partners Asset Management's Gross Profit falls into.



Artisan Partners Asset Management Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Artisan Partners Asset Management's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=894.195 - 485.455
=408.7

Artisan Partners Asset Management's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=251.573 - 136.377
=115.2

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €441.1 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Artisan Partners Asset Management's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=115.2 / 251.573
=45.79 %

* 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.


Artisan Partners Asset Management  (FRA:AP0) Gross Profit 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

Artisan Partners Asset Management had a gross margin of 45.79% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Artisan Partners Asset Management Gross Profit Related Terms

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Artisan Partners Asset Management Business Description

Traded in Other Exchanges
Address
875 East Wisconsin Avenue, Suite 800, Milwaukee, WI, USA, 53202
Artisan Partners Asset Management Inc is a global investment management firm providing a range of investment strategies to a diverse group of clients around the world. Each of the company's strategies is managed by one of its several investment teams. Investment management services are primarily offered to institutions through separate accounts and mutual funds. Artisan's investment offerings include several long-only, equity investment strategies across a multitude of market capitalization segments and investing styles in both the United States and international markets. In addition to its equity strategies, customers may invest in a fixed-income strategy. Strategies are often distributed to customers ranging from retail investors to institutional investors through specialized channels.

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