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Amundi (Amundi) Gross Margin % : 37.74% (As of Dec. 2023)


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What is Amundi Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Amundi's Gross Profit for the six months ended in Dec. 2023 was $1,132 Mil. Amundi's Revenue for the six months ended in Dec. 2023 was $3,001 Mil. Therefore, Amundi's Gross Margin % for the quarter that ended in Dec. 2023 was 37.74%.

Warning Sign:

Amundi SA gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


The historical rank and industry rank for Amundi's Gross Margin % or its related term are showing as below:

AMDUF' s Gross Margin % Range Over the Past 10 Years
Min: 38.06   Med: 41.5   Max: 46.54
Current: 38.06


During the past 12 years, the highest Gross Margin % of Amundi was 46.54%. The lowest was 38.06%. And the median was 41.50%.

AMDUF's Gross Margin % is ranked worse than
62.41% of 532 companies
in the Asset Management industry
Industry Median: 51.905 vs AMDUF: 38.06

Amundi had a gross margin of 37.74% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Amundi was -1.50% per year.


Amundi Gross Margin % Historical Data

The historical data trend for Amundi'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.

* Premium members only.

Amundi Gross Margin % Chart

Amundi Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.69 41.92 41.30 39.49 38.06

Amundi Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross 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 40.15 39.24 39.74 38.37 37.74

Competitive Comparison of Amundi's Gross Margin %

For the Asset Management subindustry, Amundi'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.


Amundi's Gross Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Amundi's Gross Margin % falls into.



Amundi Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Amundi's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=2332 / 6126.581
=(Revenue - Cost of Goods Sold) / Revenue
=(6126.581 - 3794.561) / 6126.581
=38.06 %

Amundi's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1132.5 / 3000.758
=(Revenue - Cost of Goods Sold) / Revenue
=(3000.758 - 1868.266) / 3000.758
=37.74 %

* 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.


Amundi  (OTCPK:AMDUF) 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

Amundi had a gross margin of 37.74% 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.


Amundi Gross Margin % Related Terms

Thank you for viewing the detailed overview of Amundi's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Amundi (Amundi) Business Description

Address
91-93, boulevard Pasteur, Paris, FRA, 75015
Amundi is the result of the merger of the asset manager businesses of French banks Credit Agricole and Societe Generale in 2010. In 2017 it expanded into Italy, Germany, and Austria by acquiring Pioneer Investments, previously the asset manager of UniCredit. France accounts for just under half of assets under management, while Italy and the rest of Europe contribute about 30% combined. Assets from Asia are growing rapidly and contribute just shy of 20%. Amundi is the largest European asset manager and a top 10 manager globally.

Amundi (Amundi) Headlines

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