The historical rank and industry rank for Mount Logan Capital's Gross Margin % or its related term are showing as below:
NEOE:MLC'
s Gross Margin % Range Over the Past 10 Years
Min: -34.21 Med: 66.44 Max: 191.72
Current: 39.74
During the past 13 years, the highestGross Margin % of Mount Logan Capital was 191.72%. The lowest was -34.21%. And the median was 66.44%.
NEOE:MLC's Gross Margin % is ranked worse than 60.86% of 534
companies
in the Asset Management industry
Industry Median: 51.105
vs NEOE:MLC: 39.74
Mount Logan Capital had a gross margin of 29.65% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Mount Logan Capital was 0.00% per year.
Mount Logan Capital Gross Margin % Historical Data
The historical data trend for Mount Logan Capital'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.
Competitive Comparison of Mount Logan Capital's Gross Margin %
For the Asset Management subindustry, Mount Logan Capital'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.
Mount Logan Capital's Gross Margin % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Mount Logan Capital's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mount Logan Capital'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.
Mount Logan Capital (NEOE:MLC) 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
Mount Logan Capital had a gross margin of 29.65% for the quarter that ended in Dec. 2023 => Competition eroding margins
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.
Mount Logan Capital Gross Margin % Related Terms
Thank you for viewing the detailed overview of Mount Logan Capital's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mount Logan Capital (NEOE:MLC) Business Description
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. It holds and actively manages and monitors a portfolio of loans and other investments with credit-oriented characteristics. It actively sources, evaluates, underwrites, monitors, and primarily invests in loans, debt securities, and other credit-oriented instruments that present attractive risk-adjusted returns and present a low risk of principal impairment through the credit cycle. The company's investment objective is to achieve income and potential capital gains, with attractive risk adjusted return, low volatility, and low risk of principal impairment through the credit cycle.
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