Gross Margin % is calculated as gross profit divided by its revenue. US Global Investors's Gross Profit for the
three
months ended in Dec. 2023 was $1.86 Mil. US Global Investors's Revenue for the
three
months ended in Dec. 2023 was $2.82 Mil. Therefore, US Global Investors's Gross Margin % for the quarter that ended in Dec. 2023 was 65.86%.
The historical rank and industry rank for US Global Investors's Gross Margin % or its related term are showing as below:
GROW'
s Gross Margin % Range Over the Past 10 Years
Min: 10.66 Med: 34.18 Max: 75.48
Current: 63.3
During the past 13 years, the highestGross Margin % of US Global Investors was 75.48%. The lowest was 10.66%. And the median was 34.18%.
GROW's Gross Margin % is ranked better than 59.66% of 533
companies
in the Asset Management industry
Industry Median: 50.22
vs GROW: 63.30
US Global Investors had a gross margin of 65.86% for the quarter that ended in Dec. 2023 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for US Global Investors was 29.10% per year.
US Global Investors Gross Margin % Historical Data
The historical data trend for US Global Investors'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.
For the Asset Management subindustry, US Global Investors'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.
US Global Investors Gross Margin % Distribution
For the Asset Management industry and Financial Services sector, US Global Investors's Gross Margin % distribution charts can be found below:
* The bar in red indicates where US Global Investors'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.
US Global Investors (NAS:GROW) 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
US Global Investors had a gross margin of 65.86% for the quarter that ended in Dec. 2023 => Durable 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.
US Global Investors Gross Margin % Related Terms
Thank you for viewing the detailed overview of US Global Investors's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
US Global Investors (US Global Investors) Business Description
US Global Investors Inc is a registered investment advisory firm. The company furnishes an investment program for each of the clients it manages and determines, subject to overall supervision by the applicable board of trustees of the clients, the clients investments pursuant to an advisory agreement. US Global manages the following business segments: Investment management services; Investment management services; and Corporate Investments. It derives all its revenue from Investment management services.
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