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Flaherty & Crumrine Total Return Fund (Flaherty & Crumrine Total Return Fund) Net Margin % : 96.34% (As of Nov. 2023)


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What is Flaherty & Crumrine Total Return Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Flaherty & Crumrine Total Return Fund's Net Income for the six months ended in Nov. 2023 was $10.50 Mil. Flaherty & Crumrine Total Return Fund's Revenue for the six months ended in Nov. 2023 was $10.90 Mil. Therefore, Flaherty & Crumrine Total Return Fund's net margin for the quarter that ended in Nov. 2023 was 96.34%.

The historical rank and industry rank for Flaherty & Crumrine Total Return Fund's Net Margin % or its related term are showing as below:

FLC' s Net Margin % Range Over the Past 10 Years
Min: 71.85   Med: 97.35   Max: 107.63
Current: 71.85


FLC's Net Margin % is ranked worse than
57.67% of 1668 companies
in the Asset Management industry
Industry Median: 86.405 vs FLC: 71.85

Flaherty & Crumrine Total Return Fund Net Margin % Historical Data

The historical data trend for Flaherty & Crumrine Total Return 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.

Flaherty & Crumrine Total Return Fund Net Margin % Chart

Flaherty & Crumrine Total Return Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Margin %
Get a 7-Day Free Trial 97.86 95.37 95.09 102.41 71.85

Flaherty & Crumrine Total Return Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 89.82 101.78 103.86 105.35 96.34

Competitive Comparison of Flaherty & Crumrine Total Return Fund's Net Margin %

For the Asset Management subindustry, Flaherty & Crumrine Total Return 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.


Flaherty & Crumrine Total Return Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Total Return Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Total Return Fund's Net Margin % falls into.



Flaherty & Crumrine Total Return 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.

Flaherty & Crumrine Total Return Fund's Net Margin for the fiscal year that ended in Nov. 2023 is calculated as

Net Margin=Net Income (A: Nov. 2023 )/Revenue (A: Nov. 2023 )
=2.106/2.931
=71.85 %

Flaherty & Crumrine Total Return Fund's Net Margin for the quarter that ended in Nov. 2023 is calculated as

Net Margin=Net Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=10.497/10.896
=96.34 %

* 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.


Flaherty & Crumrine Total Return Fund  (NYSE:FLC) 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.


Flaherty & Crumrine Total Return Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of Flaherty & Crumrine Total Return Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Flaherty & Crumrine Total Return Fund (Flaherty & Crumrine Total Return Fund) Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Total Return Fund Inc is a diversified, closed-end investment management company. Its investment objective is to provide its common shareholders with a high current income. The fund's secondary investment objective is capital appreciation.
Executives
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Chad Conwell officer: VP & Asst. Compliance Officer 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Bradford S Stone officer: Vice President, Asst Treasurer 47 MAPLE ST. SUITE 403, SUMMIT NJ 07901
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Merrill Lynch & Co., Inc. 10 percent owner 4 WORLD FINANCIAL CTR, NEW YORK NY 10080
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Christopher Douglas Ryan officer: Vice President 310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Laurie C Lodolo officer: Asst CCO, Asst Treas, Asst Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Flaherty & Crumrine Inc other: Investment Adviser 301 E. COLORADO BLVD, SUITE 720, PASADENA CA 91101
Peter C Stimes officer: VP, CFO, Chief Accounting Off. 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Donald F Crumrine director, officer: Chief Executive Officer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Robert E Chadwick officer: VP, Secretary, Asst. Treasurer 301 E COLORADO BLVD STE 720, PASADENA CA 91101

Flaherty & Crumrine Total Return Fund (Flaherty & Crumrine Total Return Fund) Headlines