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Pzena Investment Management (Pzena Investment Management) Operating Margin % : 50.42% (As of Jun. 2022)


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What is Pzena Investment Management Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Pzena Investment Management's Operating Income for the three months ended in Jun. 2022 was $24.6 Mil. Pzena Investment Management's Revenue for the three months ended in Jun. 2022 was $48.7 Mil. Therefore, Pzena Investment Management's Operating Margin % for the quarter that ended in Jun. 2022 was 50.42%.

The historical rank and industry rank for Pzena Investment Management's Operating Margin % or its related term are showing as below:


PZN's Operating Margin % is not ranked *
in the Asset Management industry.
Industry Median: 14.43
* Ranked among companies with meaningful Operating Margin % only.

Pzena Investment Management's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Pzena Investment Management's Operating Income for the three months ended in Jun. 2022 was $24.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2022 was $95.3 Mil.


Pzena Investment Management Operating Margin % Historical Data

The historical data trend for Pzena Investment Management's Operating 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.

* Premium members only.

Pzena Investment Management Operating Margin % Chart

Pzena Investment Management Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.87 51.28 30.29 39.87 53.11

Pzena Investment Management Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Operating Margin % 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 55.01 52.00 50.47 50.42 39.02

Competitive Comparison of Pzena Investment Management's Operating Margin %

For the Asset Management subindustry, Pzena Investment Management's Operating Margin %, along with its competitors' market caps and Operating 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.


Pzena Investment Management's Operating Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pzena Investment Management's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Pzena Investment Management's Operating Margin % falls into.



Pzena Investment Management Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Pzena Investment Management's Operating Margin % for the fiscal year that ended in Dec. 2021 is calculated as

Operating Margin %=Operating Income (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=105.859 / 199.334
=53.11 %

Pzena Investment Management's Operating Margin % for the quarter that ended in Jun. 2022 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=24.553 / 48.697
=50.42 %

* 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.


Pzena Investment Management  (NYSE:PZN) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Pzena Investment Management Operating Margin % Related Terms

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Pzena Investment Management (Pzena Investment Management) Business Description

Traded in Other Exchanges
N/A
Address
320 Park Avenue, 8th Floor, New York, NY, USA, 10022
Pzena Investment Management Inc is a United States (U.S) based investment management company. The company adopts value-oriented investment strategies across a wide range of market capitalizations in both U.S. and non-U.S. capital markets. It manages separate accounts on behalf of institutions; acts as the sub-investment adviser for a variety of Securities and Exchange Commission registered mutual funds and non-U.S. funds, and act as investment adviser for the Pzena Mutual Funds as well as certain private placement funds. In addition, the company offers institutional investment products to public and corporate pension funds, endowments, foundations, and certain commingled vehicles geared toward institutional investors. The primary source of the revenue is management fees received.
Executives
Shavar Dakel Jeffries director 50 HALSEY STREET, APT. 708T, NEWARK NJ 07102
Chenyu Caroline Cai director, officer: Executive Vice President 320 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10022
Joel Greenblatt director 535 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Steven M Galbraith director C/O PZENA INVESTMENT MANAGEMENT LLC, 120 WEST 45TH STREET, 20TH FLOOR, NEW YORK NY 10036
Richard P. Meyerowich director C/O PZENA INVESTMENT MANAGEMENT LLC, 120 WEST 45TH STREET, 20TH FLOOR, NEW YORK NY 10036
Evan K. Fire officer: Chief Operating Officer PZENA INVESTMENT MANAGEMENT, INC., 320 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10022
John Paul Goetz director, officer: President and Co-CIO C/O PZENA INVESTMENT MANAGEMENT LLC, 120 WEST 45TH STREET, 20TH FLOOR, NEW YORK NY 10036
Richard Stanton Pzena director, officer: Chairman, CEO and Co-CIO C/O PZENA INVESTMENT MANAGEMENT LLC, 120 WEST 45TH STREET, 20TH FLOOR, NEW YORK NY 10036
William Louis Lipsey director, officer: Pres., Marketing/Client Serv. C/O PZENA INVESTMENT MANAGEMENT LLC, 320 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10022
Jessica R Doran officer: Chief Financial Officer 320 PARK AVENUE, 8TH FLOOR, C/O PZENA INVESTMENT MANAGEMENT, LLC, NEW YORK NY 10022
Punch Howard D. Jr 10 percent owner 7701 FRANCE AVE. SOUTH, SUITE 300, EDINA MN 55435
Punch & Associates Investment Management, Inc. 10 percent owner 7701 FRANCE AVE. SOUTH, SUITE 300, EDINA MN 55435
Charles D Johnston director C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Gary J Bachman officer: Chief Financial Officer C/O PZENA INVESTMENT MANAGEMENT, 120 WEST 45TH STREET, 20TH FLOOR, NEW YORK NY 10036
Michael D Peterson officer: Executive Vice President C/O PZENA INVESTMENT MANAGEMENT, 120 WEST 45TH STREET, 20TH FLOOR, NEW YORK NY 10036

Pzena Investment Management (Pzena Investment Management) Headlines

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