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Tortoise Power & Energy Infra Fd (Tortoise Power & Energy Infra Fd) Net Margin % : 98.64% (As of Nov. 2023)


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What is Tortoise Power & Energy Infra Fd Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tortoise Power & Energy Infra Fd's Net Income for the six months ended in Nov. 2023 was $11.48 Mil. Tortoise Power & Energy Infra Fd's Revenue for the six months ended in Nov. 2023 was $11.64 Mil. Therefore, Tortoise Power & Energy Infra Fd's net margin for the quarter that ended in Nov. 2023 was 98.64%.

The historical rank and industry rank for Tortoise Power & Energy Infra Fd's Net Margin % or its related term are showing as below:

TPZ' s Net Margin % Range Over the Past 10 Years
Min: -846.55   Med: 97.13   Max: 116.72
Current: 95.42


TPZ's Net Margin % is ranked better than
61.46% of 1666 companies
in the Asset Management industry
Industry Median: 86.98 vs TPZ: 95.42

Tortoise Power & Energy Infra Fd Net Margin % Historical Data

The historical data trend for Tortoise Power & Energy Infra Fd'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.

Tortoise Power & Energy Infra Fd Net Margin % Chart

Tortoise Power & Energy Infra Fd Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Margin %
Get a 7-Day Free Trial 116.72 103.65 97.13 95.32 95.41

Tortoise Power & Energy Infra Fd 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 115.56 98.18 57.00 126.17 98.64

Competitive Comparison of Tortoise Power & Energy Infra Fd's Net Margin %

For the Asset Management subindustry, Tortoise Power & Energy Infra Fd'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 Power & Energy Infra Fd's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tortoise Power & Energy Infra Fd's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tortoise Power & Energy Infra Fd's Net Margin % falls into.



Tortoise Power & Energy Infra Fd 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 Power & Energy Infra Fd'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 )
=9.943/10.421
=95.41 %

Tortoise Power & Energy Infra Fd'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 )
=11.482/11.64
=98.64 %

* 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 Power & Energy Infra Fd  (NYSE:TPZ) 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 Power & Energy Infra Fd Net Margin % Related Terms

Thank you for viewing the detailed overview of Tortoise Power & Energy Infra Fd's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tortoise Power & Energy Infra Fd (Tortoise Power & Energy Infra Fd) Business Description

Traded in Other Exchanges
N/A
Address
6363 College Boulevard, Suite 100A, Overland Park, KS, USA, 66211
Tortoise Power & Energy Infra Fd Inc is a closed-ended fund. Its primary investment objective is to provide a high level of current income. Its secondary objective is capital appreciation. The company invests in a portfolio of fixed income and equity securities issued by power and energy infrastructure companies.
Executives
Ciccotello Conrad S director, 10 percent owner 5100 W. 115TH PLACE, LEAWOOD KS 66211
Jennifer Paquette director 5100 W. 115TH PLACE, LEAWOOD KS 66211
H Kevin Birzer other: Affiliate of Inv Advisor 5100 W. 115TH PLACE, LEAWOOD KS 66211
Brian Alan Kessens officer: President 5100 W. 115TH PLACE, LEAWOOD KS 66211
P. Bradley Adams officer: Chief Financial Officer 5100 W. 115TH PLACE, LEAWOOD KS 66211
Matthew Sallee other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Alexandra Herger director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Rand C Berney director 11550 ASH STREET, SUITE 300, LEAWOOD KS 66211
Sean Paul Wickliffe officer: Vice President & Asst Treas. 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Gengler Courtney officer: Vice President 5200 W. 115TH PLACE, LEAWOOD KS 66211
Ryan Channell officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Adam T Peltzer officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Charles E Heath director 180801 MASTIN BLVD, OVERLAND PARK KS 66210
Lovell Minnick Partners Llc 10 percent owner, other: Control Person of Adviser 555 EAST LANCASTER AVENUE, SUITE 510, RADNOR PA 19087
James Ryan Mick other: Member of Investment Committee 11550 ASH STREET, SUITE 300, LEAWOOD KS 66211