Mount Logan Capital's gross profit for the
three
months ended in Dec. 2024 was C$9.4 Mil. Mount Logan Capital's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was C$108.9 Mil.
Mount Logan Capital had a gross margin of 25.28% for the quarter that ended in Dec. 2024 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Mount Logan Capital was 328.58%. The lowest was 30.46%. And the median was 82.20%.
Warning Sign:
Mount Logan Capital Inc gross margin has been in long-term decline. The average rate of decline per year is -21.9%.
Mount Logan Capital Gross Profit Historical Data
The historical data trend for Mount Logan Capital'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.
Competitive Comparison of Mount Logan Capital's Gross Profit
For the Asset Management subindustry, Mount Logan Capital'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.
Mount Logan Capital's Gross Profit Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Mount Logan Capital's Gross Profit distribution charts can be found below:
* The bar in red indicates where Mount Logan Capital's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$108.9 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Mount Logan Capital (NEOE:MLC) 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
Mount Logan Capital had a gross margin of 25.28% for the quarter that ended in Dec. 2024 => Competition eroding margins
Mount Logan Capital Gross Profit Related Terms
Thank you for viewing the detailed overview of Mount Logan Capital's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Mount Logan Capital Inc operates as emerging asset management and investment firm primarily focused on investing in public and private debt securities in the North American market. The Company's reporting segments include asset management and insurance. The asset management segment reflects the Company's historical operations through its subsidiaries, including ML Management, and the insurance segment represents Ability's operations. The Company through its subsidiaries, earns management and incentive fees and servicing fees for providing investment management, monitoring and other services to investment vehicles and advisers. The insurance business is operated by Ability. Ability's insurance business consists of premium revenue from long term care insurance policies.
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