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BNY Mellon Strategic Municipals, (BNY Mellon Strategic Municipals,) Net Margin % : 99.97% (As of Sep. 2023)


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What is BNY Mellon Strategic Municipals, Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. BNY Mellon Strategic Municipals,'s Net Income for the six months ended in Sep. 2023 was $-29.10 Mil. BNY Mellon Strategic Municipals,'s Revenue for the six months ended in Sep. 2023 was $-29.11 Mil. Therefore, BNY Mellon Strategic Municipals,'s net margin for the quarter that ended in Sep. 2023 was 99.97%.

The historical rank and industry rank for BNY Mellon Strategic Municipals,'s Net Margin % or its related term are showing as below:

LEO' s Net Margin % Range Over the Past 10 Years
Min: 96.44   Med: 100.02   Max: 100.8
Current: 99.28


LEO's Net Margin % is ranked better than
78.24% of 1668 companies
in the Asset Management industry
Industry Median: 85.935 vs LEO: 99.28

BNY Mellon Strategic Municipals, Net Margin % Historical Data

The historical data trend for BNY Mellon Strategic Municipals,'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.

BNY Mellon Strategic Municipals, Net Margin % Chart

BNY Mellon Strategic Municipals, Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Margin %
Get a 7-Day Free Trial 100.07 100.80 100.02 100.03 99.28

BNY Mellon Strategic Municipals, Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.01 100.04 100.03 99.87 99.97

Competitive Comparison of BNY Mellon Strategic Municipals,'s Net Margin %

For the Asset Management subindustry, BNY Mellon Strategic Municipals,'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.


BNY Mellon Strategic Municipals,'s Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon Strategic Municipals,'s Net Margin % distribution charts can be found below:

* The bar in red indicates where BNY Mellon Strategic Municipals,'s Net Margin % falls into.



BNY Mellon Strategic Municipals, 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.

BNY Mellon Strategic Municipals,'s Net Margin for the fiscal year that ended in Sep. 2023 is calculated as

Net Margin=Net Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=5.121/5.158
=99.28 %

BNY Mellon Strategic Municipals,'s Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-29.104/-29.112
=99.97 %

* 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.


BNY Mellon Strategic Municipals,  (NYSE:LEO) 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.


BNY Mellon Strategic Municipals, Net Margin % Related Terms

Thank you for viewing the detailed overview of BNY Mellon Strategic Municipals,'s Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


BNY Mellon Strategic Municipals, (BNY Mellon Strategic Municipals,) Business Description

Traded in Other Exchanges
N/A
Address
240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon Strategic Municipals, Inc. is a diversified closed-end management investment company. The fund's investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Its products are Equity and Fixed Income Mutual Funds, Retail Money Market Funds, Government/Treasury Money Market Funds, Institutional Money Market Funds, and others.
Executives
Bushra Mannan other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Irene Papadoulis other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Ping Jiang other: Dir. of Invest. Oversight (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Daniel Goldstein officer: VP 240 GREENWICH STREET, NEW YORK NY 10286
Joseph Martella officer: VP C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10288
Insight North America Llc other: Sub-Adviser 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166-0005
Robert J. Pomeroy officer: VP; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
John Squillace other: CCO; Investment Adviser 240 GREENWICH STREET, NEW YORK NY 10286
Gregory Pasquale other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Kenneth J. Bradle other: Director of Advisor 240 GREENWICH STREET, NEW YORK NY 10286
Amanda Quinn officer: VP and Asst Secretary C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
John P Shea other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
David Dipetrillo officer: Vice President C/O THE DREYFUS CORPORATION, 240 GREENWICH STREET, NEW YORK NY 10286
Mark D Woods other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286

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