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Perella Weinberg Partners (Perella Weinberg Partners) Gross Profit : $194.2 Mil (TTM As of Mar. 2024)


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What is Perella Weinberg Partners Gross Profit?

Perella Weinberg Partners's gross profit for the three months ended in Mar. 2024 was $33.5 Mil. Perella Weinberg Partners's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $194.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Perella Weinberg Partners's gross profit for the three months ended in Mar. 2024 was $33.5 Mil. Perella Weinberg Partners's Revenue for the three months ended in Mar. 2024 was $102.1 Mil. Therefore, Perella Weinberg Partners's Gross Margin % for the quarter that ended in Mar. 2024 was 32.84%.

Perella Weinberg Partners had a gross margin of 32.84% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 5 years, the highest Gross Margin % of Perella Weinberg Partners was 38.03%. The lowest was 27.87%. And the median was 34.40%.


Perella Weinberg Partners Gross Profit Historical Data

The historical data trend for Perella Weinberg Partners'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.

Perella Weinberg Partners Gross Profit Chart

Perella Weinberg Partners Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
183.48 144.65 297.30 240.17 222.08

Perella Weinberg Partners Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 61.46 59.33 54.13 47.16 33.54

Competitive Comparison of Perella Weinberg Partners's Gross Profit

For the Capital Markets subindustry, Perella Weinberg Partners'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.


Perella Weinberg Partners's Gross Profit Distribution in the Capital Markets Industry

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

* The bar in red indicates where Perella Weinberg Partners's Gross Profit falls into.



Perella Weinberg Partners Gross Profit Calculation

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

Perella Weinberg Partners'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
=648.652 - 426.572
=222.1

Perella Weinberg Partners's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=102.127 - 68.59
=33.5

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $194.2 Mil.

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

Perella Weinberg Partners's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=33.5 / 102.127
=32.84 %

* 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.


Perella Weinberg Partners  (NAS:PWP) 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

Perella Weinberg Partners had a gross margin of 32.84% for the quarter that ended in Mar. 2024 => Competition eroding margins


Perella Weinberg Partners Gross Profit Related Terms

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Perella Weinberg Partners (Perella Weinberg Partners) Business Description

Traded in Other Exchanges
N/A
Address
767 Fifth Avenue, New York, NY, USA, 10153
Perella Weinberg Partners is an independent investment banking firm. It provides strategic, financial, and tactical advice in connection with executing complex mergers, acquisitions, company sales, and corporate divestitures, including carve-outs, joint ventures, and spin-offs, and relating to takeover preparedness and defense.
Executives
Vladimir Shendelman officer: General Counsel 767 FIFTH AVENUE, NEW YORK NY 10153
Daniel G Cohen director 712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Kristin W Mugford director BAIN CAPITAL PARTNERS LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Elizabeth C Fascitelli director C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fintech Masala, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019
Pwp Professional Partners Lp director 767 FIFTH AVENUE, NEW YORK NY 10153
Andrew Bednar director, officer: Co-President 767 FIFTH AVENUE, NEW YORK NY 10153
Dietrich Becker director, officer: Co-President 767 FIFTH AVENUE, NEW YORK NY 10153
Alexandra Gottschalk officer: See Remarks 767 FIFTH AVENUE, NEW YORK NY 10153
Fintech Masala Advisors Iv, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Laura Kohn director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Jan Rock Zubrow director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Fintech Investor Holdings Iv, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019
Cohen Sponsor Interests Iv, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019
Fintech Masala Holdings, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019

Perella Weinberg Partners (Perella Weinberg Partners) Headlines

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