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Lazard Global Total Return & Fd (Lazard Global Total Return & Fd) Net Margin % : 96.41% (As of Dec. 2023)


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What is Lazard Global Total Return & Fd Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Lazard Global Total Return & Fd's Net Income for the six months ended in Dec. 2023 was $11.96 Mil. Lazard Global Total Return & Fd's Revenue for the six months ended in Dec. 2023 was $12.41 Mil. Therefore, Lazard Global Total Return & Fd's net margin for the quarter that ended in Dec. 2023 was 96.41%.

The historical rank and industry rank for Lazard Global Total Return & Fd's Net Margin % or its related term are showing as below:

LGI' s Net Margin % Range Over the Past 10 Years
Min: 97.64   Med: 98.35   Max: 102.9
Current: 98.06


LGI's Net Margin % is ranked better than
72.47% of 1671 companies
in the Asset Management industry
Industry Median: 86.28 vs LGI: 98.06

Lazard Global Total Return & Fd Net Margin % Historical Data

The historical data trend for Lazard Global Total Return & 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.

Lazard Global Total Return & Fd Net Margin % Chart

Lazard Global Total Return & Fd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 98.27 97.64 98.35 101.84 98.06

Lazard Global Total Return & Fd 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 97.72 100.92 95.91 98.79 96.41

Competitive Comparison of Lazard Global Total Return & Fd's Net Margin %

For the Asset Management subindustry, Lazard Global Total Return & 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.


Lazard Global Total Return & Fd's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lazard Global Total Return & Fd's Net Margin % distribution charts can be found below:

* The bar in red indicates where Lazard Global Total Return & Fd's Net Margin % falls into.



Lazard Global Total Return & 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.

Lazard Global Total Return & Fd'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 )
=39.555/40.339
=98.06 %

Lazard Global Total Return & Fd'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 )
=11.962/12.408
=96.41 %

* 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.


Lazard Global Total Return & Fd  (NYSE:LGI) 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.


Lazard Global Total Return & Fd Net Margin % Related Terms

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Lazard Global Total Return & Fd (Lazard Global Total Return & Fd) Business Description

Traded in Other Exchanges
N/A
Address
30 Rockefeller Plaza, 57th Floor, New York, NY, USA, 10112
Lazard Global Total Return & Inc Fd Inc is a United States-based diversified, closed-end management investment company. Its investment objective is total return consisting of capital appreciation and income. The fund's portfolio of investment consists of different sector investments such as consumer staples, financials, consumer discretionary, healthcare, materials, sovereign debt, and others.
Executives
Christopher Snively officer: Chief Financial Officer C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Evan L Russo director C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Nargis Hilal officer: Chief Compliance Officer C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Andrew Lacey other: Deputy Chairman of LAM (1)
Christina M. Kennedy officer: Assistant Treasurer C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Jessica A Falzone officer: Assistant Secretary C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
William B Rosenberg other: See comment* C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Ronald Temple other: Portfolio manager of issuer C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Shari L. Soloway officer: Assistant Secretary C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Mark Richard Anderson officer: Chief Compliance Officer C/O LAZARD MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Franci J Blassberg director C/O DEBEVOISE & PLIMPTON LLP, 919 THIRD AVENUE, NEW YORK NY 10022
Tamar Goldstein officer: Interim CCO & Asst. Secy(1) 30 ROCKEFELLER PLAZA, NEW YORK NY 10112-6300
Trevor William Morrison director 40 WASHINGTON SQUARE SOUTH, 406D, NEW YORK NY 10012
Barnaby Wilson other: Portfolio manager of issuer C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Louis Florentin-lee other: Portfolio manager of issuer C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112

Lazard Global Total Return & Fd (Lazard Global Total Return & Fd) Headlines

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