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Ladenburg Thalmann Financial Services (Ladenburg Thalmann Financial Services) Gross Profit : $430 Mil (TTM As of Dec. 2019)


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What is Ladenburg Thalmann Financial Services Gross Profit?

Ladenburg Thalmann Financial Services's gross profit for the three months ended in Dec. 2019 was $117 Mil. Ladenburg Thalmann Financial Services's gross profit for the trailing twelve months (TTM) ended in Dec. 2019 was $430 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ladenburg Thalmann Financial Services's gross profit for the three months ended in Dec. 2019 was $117 Mil. Ladenburg Thalmann Financial Services's Revenue for the three months ended in Dec. 2019 was $396 Mil. Therefore, Ladenburg Thalmann Financial Services's Gross Margin % for the quarter that ended in Dec. 2019 was 29.46%.

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


Ladenburg Thalmann Financial Services Gross Profit Historical Data

The historical data trend for Ladenburg Thalmann Financial Services'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.

Ladenburg Thalmann Financial Services Gross Profit Chart

Ladenburg Thalmann Financial Services Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 273.55 273.23 321.60 398.45 429.69

Ladenburg Thalmann 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 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 109.82 97.15 104.87 111.07 116.60

Competitive Comparison of Ladenburg Thalmann Financial Services's Gross Profit

For the Capital Markets subindustry, Ladenburg Thalmann Financial Services'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.


Ladenburg Thalmann Financial Services's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ladenburg Thalmann Financial Services's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ladenburg Thalmann Financial Services's Gross Profit falls into.



Ladenburg Thalmann Financial Services Gross Profit Calculation

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

Ladenburg Thalmann Financial Services's Gross Profit for the fiscal year that ended in Dec. 2019 is calculated as

Gross Profit (A: Dec. 2019 )=Revenue - Cost of Goods Sold
=1469.302 - 1039.613
=430

Ladenburg Thalmann Financial Services's Gross Profit for the quarter that ended in Dec. 2019 is calculated as

Gross Profit (Q: Dec. 2019 )=Revenue - Cost of Goods Sold
=395.735 - 279.135
=117

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $430 Mil.

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

Ladenburg Thalmann 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=117 / 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.


Ladenburg Thalmann Financial Services  (AMEX:LTS) 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

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


Ladenburg Thalmann Financial Services Gross Profit Related Terms

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Ladenburg Thalmann Financial Services (Ladenburg Thalmann Financial Services) Business Description

Traded in Other Exchanges
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
Howard M Lorber other: Former Director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Henry C Beinstein other: Former Director 8 DOGWOOD LANE, LARCHMONT NY 10538-3418
Richard M Krasno other: Former Director C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 31337
Brett Kaufman officer: Senior Vice President and CFO 4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Glenn C Davis other: Former Director 4400 BISCAYNE BOULEVARD, 12TH FLOOR, MIAMI FL 33137
Michael Liebowitz other: Former Director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Richard Lampen other: Former Director and Officer 4400 BISCAYNE BLVD.; 10TH FLOOR, MIAMI FL 33137
Mark Zeitchick other: Former Director and Officer GBI CAPITAL MANAGEMENT CORP, 1055 STEWART AVE, BETHPAGE NY 11714
Brian S Genson other: Former Director
Jacqueline M Simkin other: Former Director 801 BRICKELL AVENUE, SUITE 2350, MIAMI FL 33131
Adam Scott Malamed other: Former Director and Officer 4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Joseph Giovanniello other: Former Officer 520 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10022
Frost Phillip Md Et Al other: Former 10% Owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Frost Nevada Investments Trust other: Former 10% Owner 4400 BISCAYNE BOULEVARD, 15TH FLOOR, MIAMI FL 33137
Vector Group Ltd 10 percent owner 4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137

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