Tortoise Essential Assetsome Term (Tortoise Essential Assetsome Term) Net Margin % : 120.12% (As of Nov. 2023)

Tortoise Essential Assetsome Term Net Margin % Chart

Tortoise Essential Assetsome Term Semi-Annual Data
	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Net Margin %	Get a 7-Day Free Trial					97.57	91.79	111.50	118.88	120.12

Competitive Comparison of Tortoise Essential Assetsome Term's Net Margin %

For the Asset Management subindustry, Tortoise Essential Assetsome Term'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.

Tortoise Essential Assetsome Term's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tortoise Essential Assetsome Term's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tortoise Essential Assetsome Term's Net Margin % falls into.

Tortoise Essential Assetsome Term 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.

Tortoise Essential Assetsome Term's Net Margin for the fiscal year that ended in Nov. 2023 is calculated as

Tortoise Essential Assetsome Term's Net Margin for the quarter that ended in Nov. 2023 is calculated as

* 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.

Tortoise Essential Assetsome Term  (NYSE:TEAF) 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.

Tortoise Essential Assetsome Term Net Margin % Related Terms

Thank you for viewing the detailed overview of Tortoise Essential Assetsome Term's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tortoise Essential Assetsome Term (Tortoise Essential Assetsome Term) Business Description