IGM Financial Inc
TSX:IGM
Gross Margin
IGM Financial Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CA |
|
IGM Financial Inc
TSX:IGM
|
10.5B CAD |
58%
|
|
| US |
|
Blackstone Inc
NYSE:BX
|
171.9B USD |
0%
|
|
| US |
|
BlackRock Inc
NYSE:BLK
|
153.3B USD |
81%
|
|
| US |
|
KKR & Co Inc
NYSE:KKR
|
107.5B USD |
41%
|
|
| CA |
|
Brookfield Corp
NYSE:BN
|
95.2B USD |
35%
|
|
| CA |
B
|
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
|
129.7B CAD |
0%
|
|
| CA |
|
Brookfield Asset Management Inc
NYSE:BAM
|
93.2B USD |
0%
|
|
| LU |
R
|
Reinet Investments SCA
JSE:RNI
|
68B Zac | N/A | |
| ZA |
N
|
Ninety One Ltd
JSE:NY1
|
67.8B Zac |
85%
|
|
| US |
|
Bank of New York Mellon Corp
NYSE:BK
|
63.9B USD |
0%
|
|
| MU |
A
|
African Rainbow Capital Investments Ltd
JSE:AIL
|
61.5B Zac |
88%
|
IGM Financial Inc
Glance View
IGM Financial Inc., a cornerstone in the Canadian financial landscape, is deeply entrenched in the world of wealth and asset management. Founded in 1978 and headquartered in Winnipeg, Manitoba, the company’s journey is a testament to strategic foresight and adaptability in a constantly evolving financial sector. As part of the Power Corporation of Canada's network, IGM Financial leverages its robust relationships and industry acumen to deliver comprehensive financial planning and asset management services through its subsidiaries—Investors Group, Mackenzie Financial, and Investment Planning Counsel. These pillars collectively serve a diverse clientele ranging from individual investors to large institutions, underscoring IGM's commitment to tailored financial solutions. The revenue streams of IGM Financial are intricately tied to its core business of managing assets and providing financial advice. Through Investors Group, it offers a suite of financial products, including mutual funds, mortgages, and insurance solutions, capturing a significant share of the market by fostering long-term relationships with clients. Mackenzie Financial propels IGM's influence further by focusing on broader asset management strategies, appealing to both retail and institutional investors with an array of investment products and services. Meanwhile, the Investment Planning Counsel delivers directly to independent financial advisors, expanding IGM's reach and solidifying its position as a key player in wealth management. By earning fees and commissions on managed assets, coupled with performance-related incentives, IGM Financial crafts a resilient revenue model that thrives on both stability and growth potential.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on IGM Financial Inc's most recent financial statements, the company has Gross Margin of 58.1%.
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