GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust Enhanced Equity Income Fund (NYSE:FFA) » Definitions » Net Margin %

First Trust Enhanced Equityome Fund (First Trust Enhanced Equityome Fund) Net Margin % : 98.57% (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is First Trust Enhanced Equityome Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. First Trust Enhanced Equityome Fund's Net Income for the six months ended in Dec. 2023 was $23.71 Mil. First Trust Enhanced Equityome Fund's Revenue for the six months ended in Dec. 2023 was $24.06 Mil. Therefore, First Trust Enhanced Equityome Fund's net margin for the quarter that ended in Dec. 2023 was 98.57%.

The historical rank and industry rank for First Trust Enhanced Equityome Fund's Net Margin % or its related term are showing as below:

FFA' s Net Margin % Range Over the Past 10 Years
Min: 99.06   Med: 99.46   Max: 101.56
Current: 99.1


FFA's Net Margin % is ranked better than
76.72% of 1667 companies
in the Asset Management industry
Industry Median: 86.9 vs FFA: 99.10

First Trust Enhanced Equityome Fund Net Margin % Historical Data

The historical data trend for First Trust Enhanced Equityome Fund's Net 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.

First Trust Enhanced Equityome Fund Net Margin % Chart

First Trust Enhanced Equityome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 99.47 99.06 99.46 100.72 99.10

First Trust Enhanced Equityome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.22 100.31 97.48 99.40 98.57

Competitive Comparison of First Trust Enhanced Equityome Fund's Net Margin %

For the Asset Management subindustry, First Trust Enhanced Equityome Fund's Net Margin %, along with its competitors' market caps and Net 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.


First Trust Enhanced Equityome Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Enhanced Equityome Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where First Trust Enhanced Equityome Fund's Net Margin % falls into.



First Trust Enhanced Equityome Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

First Trust Enhanced Equityome Fund's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=66.236/66.837
=99.10 %

First Trust Enhanced Equityome Fund's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=23.712/24.057
=98.57 %

* 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.


First Trust Enhanced Equityome Fund  (NYSE:FFA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


First Trust Enhanced Equityome Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of First Trust Enhanced Equityome Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Trust Enhanced Equityome Fund (First Trust Enhanced Equityome Fund) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Enhanced Equity Income Fund is a diversified, closed-end management investment company. Its investment objective is to provide a high level of current income and gains and, to a lesser extent, capital appreciation. The Fund pursues its investment objective by investing in a diversified portfolio of equity securities.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jeffrey D Bilsky other: Portfolio Manager-Sub Advisor C/O CHARTWELL INVESTMENT PARTNERS, 1205 WESTLAKES DR., SUITE 100, BERWYN PA 19312
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Douglas W Kugler other: Officer-Investment Sub-Advisor 1235 WESTLAKES DRIVE, SUITE 400, BERWYN PA 19312
Michael Patrick Magee other: Officer-Invest. Sub-Advisor C/O CHARTWELL INVESTMENT PARTNERS, LLC, 1205 WESTLAKES DRIVE, SUITE 100, BERWYN PA 19312
James A Bowen director, officer: President C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Luann Molino other: Officer-Investment Sub-Advisor CHARTWELL INVESTMENT PARTNERS, L.P., 1235 WESTLAKES DRIVE, SUITE 400, BERWYN PA 19312
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Peter M Schofield other: Officer-Investment Sub-Advisor CHARTWELL INVESTMENT PARTNERS, 1235 WESTLAKES DRIVE, SUITE 400, BERWYN PA 19312
Rosanne Gatta officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Erin E Klassman officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187