The historical rank and industry rank for Gabelli Utility Trust's Pretax Margin % or its related term are showing as below:
GUT'
s Pretax Margin % Range Over the Past 10 Years
Min: 96.56 Med: 102.98 Max: 110.98
Current: 110.98
GUT's Pretax Margin % is ranked better than 86.9% of 1657
companies
in the Asset Management industry
Industry Median: 90.91
vs GUT: 110.98
Gabelli Utility Trust Pretax Margin % Historical Data
The historical data trend for Gabelli Utility Trust's Pretax 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.
Competitive Comparison of Gabelli Utility Trust's Pretax Margin %
For the Asset Management subindustry, Gabelli Utility Trust's Pretax Margin %, along with its competitors' market caps and Pretax 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 Utility Trust's Pretax Margin % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Gabelli Utility Trust's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Gabelli Utility Trust's Pretax Margin % falls into.
Gabelli Utility Trust Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Gabelli Utility Trust's Pretax Margin for the fiscal year that ended in Dec. 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.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Gabelli Utility Trust Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Gabelli Utility Trust's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Gabelli Utility Trust (Gabelli Utility Trust) Business Description
Gabelli Utility Trust operates as a diversified closed-end investment management company. The fund's primary objective is the long-term growth of capital and income. To achieve its objective, the fund may invest 80% of its assets in common stocks and other securities of foreign and domestic companies involved in providing products, services, or equipment for the generation or distribution of electricity, gas, & water; and telecommunications services or infrastructure operations. It invests in various sectors, of which Electric Integrated, Water, Telecommunications, and U.S. Government Obligations account for the majority weightage.
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