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Gabelli Healthcare & WellnessRx Trust (Gabelli Healthcare & WellnessRx Trust) Net Margin % : 110.34% (As of Dec. 2023)


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What is Gabelli Healthcare & WellnessRx Trust Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Gabelli Healthcare & WellnessRx Trust's Net Income for the six months ended in Dec. 2023 was $-4.38 Mil. Gabelli Healthcare & WellnessRx Trust's Revenue for the six months ended in Dec. 2023 was $-3.97 Mil. Therefore, Gabelli Healthcare & WellnessRx Trust's net margin for the quarter that ended in Dec. 2023 was 110.34%.

The historical rank and industry rank for Gabelli Healthcare & WellnessRx Trust's Net Margin % or its related term are showing as below:

GRX' s Net Margin % Range Over the Past 10 Years
Min: 34.11   Med: 98.27   Max: 148.86
Current: 34.11


GRX's Net Margin % is ranked worse than
68.17% of 1668 companies
in the Asset Management industry
Industry Median: 86.925 vs GRX: 34.11

Gabelli Healthcare & WellnessRx Trust Net Margin % Historical Data

The historical data trend for Gabelli Healthcare & WellnessRx Trust'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.

Gabelli Healthcare & WellnessRx Trust Net Margin % Chart

Gabelli Healthcare & WellnessRx Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 98.88 96.70 98.27 101.56 34.11

Gabelli Healthcare & WellnessRx Trust 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 97.20 100.87 180.05 92.18 110.34

Competitive Comparison of Gabelli Healthcare & WellnessRx Trust's Net Margin %

For the Asset Management subindustry, Gabelli Healthcare & WellnessRx Trust'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.


Gabelli Healthcare & WellnessRx Trust's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gabelli Healthcare & WellnessRx Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Gabelli Healthcare & WellnessRx Trust's Net Margin % falls into.



Gabelli Healthcare & WellnessRx Trust 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.

Gabelli Healthcare & WellnessRx Trust'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 )
=0.423/1.24
=34.11 %

Gabelli Healthcare & WellnessRx Trust'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 )
=-4.375/-3.965
=110.34 %

* 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.


Gabelli Healthcare & WellnessRx Trust  (NYSE:GRX) 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.


Gabelli Healthcare & WellnessRx Trust Net Margin % Related Terms

Thank you for viewing the detailed overview of Gabelli Healthcare & WellnessRx Trust's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Gabelli Healthcare & WellnessRx Trust (Gabelli Healthcare & WellnessRx Trust) Business Description

Traded in Other Exchanges
N/A
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Gabelli Healthcare & WellnessRx Trust operates as a diversified closed-end management investment company. The investment objective of the fund is the long-term growth of capital. The fund invests at least 80% of its assets in equity securities and income-producing securities of domestic & foreign companies in the healthcare and wellness industries. It invests in various sectors, of which Health Care Providers & Services, Food, Health Care Equipment and Supplies, and Pharmaceuticals account for the majority of the weightage.
Executives
Mario J Gabelli director 191 MASON STREET, GREENWICH CT 06830
Agnes Mullady director ONE CORPORATE CENTER, RYE NY 10580
Calgary Avansino director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Jonas Jeffrey J. Jr director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn director
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Joseph H Egan officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Bruce N Alpert officer: Acting President/Treasurer C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Thomas E Bratter director ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Gpj Retirement Partners, Llc other: Limited Liability Company 1 CORPORATE CENTER, RYE NY 10580
Mjg Iv Limited Partnership other: Limited Partnership

Gabelli Healthcare & WellnessRx Trust (Gabelli Healthcare & WellnessRx Trust) Headlines

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